American Eagle Outfitters Inc.

Apple, Target, Charter, Bumble, Weber

Here are Monday’s biggest calls on Wall Street: Wells Fargo upgrades Target to overweight from equal weight Wells said the market is just too pessimistic on Target shares. “TGT’s sell-off provides the opportunity to pick up a proven share gainer into an underappreciated earnings recovery at the right price, in our view. Read more about …

Apple, Target, Charter, Bumble, Weber Read More »

Clothes are expensive even as retailers try to clear inventory

A customer shops for shirts at an American Eagle Outfitters store in San Francisco. David Paul Morris | Bloomberg | Getty Images Excess inventory has racked up in many retailers’ warehouses and stores. But shoppers are still paying more as they refresh the closet. Apparel prices rose 0.8% in June compared to May, and 5.2% …

Clothes are expensive even as retailers try to clear inventory Read More »

3 trends to watch as retailers prep for back-to-school, holiday shopping

Pedestrians view the holiday windows at a store in New York, on Thursday, Dec. 2, 2021. Christopher Occhicone | Bloomberg | Getty Images Summer vacation season is just getting started, but retailers are already gearing up for the holidays. In coming weeks, companies will get early clues about how the all-important holiday shopping season will …

3 trends to watch as retailers prep for back-to-school, holiday shopping Read More »

Target warns of squeezed profits as it cuts prices to get rid of inventory

Shoppers walk in front of a Target store at the Lycoming Crossing shopping plaza in Muncy, Pennsylvania. Stick Images | Lightrocket | Getty Images Target warned investors Tuesday that its profits will take a short-term hit, as it marks down unwanted items, cancels orders and takes aggressive steps to get rid of extra inventory. The …

Target warns of squeezed profits as it cuts prices to get rid of inventory Read More »

Yamana Gold, Credit Suisse, Unilever and more

Check out the companies making headlines before the bell: Yamana Gold (AUY) – The Canadian gold producer agreed to be acquired by Gold Fields (GFI) in an all-stock deal valued at $6.7 billion. Yamana Gold shareholders will receive 0.6 Gold Field shares for each share they now hold. Yamana surged 14.9% in the premarket while …

Yamana Gold, Credit Suisse, Unilever and more Read More »

Glam makeup and dressing up are back, boosting Macy’s and Ulta

A Nordstrom employee fixes a floral dress on a mannequin in one of the retailer’s department stores. Ben Nelms | Bloomberg | Getty Images Out with sweatpants, in with blazers, lipstick and eye-popping prints on dresses. Americans are sprucing up their wardrobes and spending more on dressier clothing, makeup and accessories as they start going …

Glam makeup and dressing up are back, boosting Macy’s and Ulta Read More »

Ulta Beauty, Big Lots, Autodesk, Workday and more

Ulta Beauty store. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Friday. Ulta Beauty — The beauty retailer surged 10% following better-than-expected quarterly earnings and revenue. Ulta Beauty also shared a better-than-expected outlook for the full year. American Eagle — The stock dropped 4.2% after the retailer posted weaker-than-expected quarterly …

Ulta Beauty, Big Lots, Autodesk, Workday and more Read More »

Big Lots, Hibbett, Pinduoduo and others

Check out the companies making headlines before the bell: Big Lots (BIG) – The discount retailer’s shares tumbled 21.2% in the premarket after missing Wall Street forecasts for quarterly earnings and revenue. The company also reported a larger-than-expected slump in comparable-store sales and issued cautious full-year guidance, saying inflationary pressures reduce discretionary spending. Hibbett (HIBB) …

Big Lots, Hibbett, Pinduoduo and others Read More »

Ulta, Gap, Dell and more

Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell: Ulta Beauty — Shares surged more than 6% after hours as the beauty retailer’s quarterly report beat Wall Street estimates on the top and bottom lines. Ulta Beauty posted adjusted first-quarter earnings of $6.30 per share on revenue of $2.346 …

Ulta, Gap, Dell and more Read More »

Abercrombie & Fitch (ANF) reports Q1 2022 loss

A person carries a bag from the Abercrombie & Fitch store on Fifth Avenue in New York City, February 27, 2017. Andrew Kelly | Reuters Abercrombie & Fitch shares fell more than 25% in premarket trading Tuesday after the retailer reported an unexpected loss in its fiscal first quarter, with freight and product costs weighing …

Abercrombie & Fitch (ANF) reports Q1 2022 loss Read More »