Lululemon's U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in sales year over year. The yoga pants company on Thursday beat Wall Street's expectations on the top and bottom lines and said it's "pleased" with the start to...
Ulta Beauty shares pop as retailer beats earnings expectations despite demand fears
Ulta Beauty on Thursday beat Wall Street's fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skin care. The retailer hiked its full-year outlook slightly to reflect the better-than-expected results. For the fiscal year, it said it now expects net sales to range from...
Shares of American Eagle plunge 13% as company issues weak holiday guidance
A shopper walks by an American Eagle store on November 21, 2023 in Glendale, California. Justin Sullivan | Getty Images American Eagle shares dropped about 13% in extended trading Wednesday after the company reported third-quarter earnings in which it issued weak holiday guidance and cut its full-year forecast. The...
EasyJet rakes in record $4.5 billion from fare add-ons as CEO slams ‘unfair’ penalty over practice
EasyJet on Wednesday reported record revenue from charging passengers for flight add-ons such as extra baggage in the full year to October, as the budget airline's CEO criticized a recent Spanish fine over the practice.The easyJet group, which comprises an airline and a package holiday provider, said ancillary revenue —...