The exodus of refugees from Ukraine to Poland helped U.K.-headquartered home improvement retailer Kingfisher limit the damage from a return to normalcy compared to the coronavirus pandemic. Same-store sales at Read more
Tag: retailer
Nordstrom stock tanks after retailer lowers outlook for the year
Nordstrom Inc. stock fell more than 10% in the extended session Tuesday after the retailer beat expectations for its second quarter but called for lower sales and profit for the Read more
Best Buy adds to retailer woes, cutting outlook as end of PC boom takes its toll
The end of a boom in personal-computer sales is landing on Best Buy Inc.’s financial statements. The electronics retailer warned investors Wednesday afternoon that it will not hit financial targets Read more
Costco June results suggest gas prices helped the warehouse retailer in more ways than one
While other retailers struggle in the face of inflation, Costco Wholesale Corp. reported a 20.4% net sales increase for the month of June, with analysts suggesting that higher gas prices Read more
RH stock falls after retailer lowers outlook for the year
RH shares dropped 6% in the after-hours session Wednesday after the retailer formerly known as Restoration Hardware dialed down its outlook for the year, saying demand has slowed thanks to Read more