Finance

Nike CEO Elliott Hill outlines new strategy after retailer blames promotions for declining revenue and profit

In this article NKE Follow your favorite stocksCREATE FREE ACCOUNT Customers shop at a Nike store in an outlet mall in Los Angeles, Nov. 8, 2024. Frederic J. Brown | Afp | Getty Images Nike on Thursday will report its fiscal second-quarter earnings, its first quarterly earnings under new CEO Elliott Hill, who is expected […]

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Macy’s employee who hid $151 million in delivery expenses was trying to mask initial mistake, sources say

In this article M Follow your favorite stocksCREATE FREE ACCOUNT A Macy’s store decorated for the holidays in San Francisco, California, US, on Wednesday, Nov. 13, 2024.  David Paul Morris | Bloomberg | Getty Images Macy’s on Wednesday said it has wrapped up an investigation into an employee who intentionally hid about $151 million of

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Ulta Beauty shares pop as retailer beats earnings expectations despite demand fears

In this article ULTA Follow your favorite stocksCREATE FREE ACCOUNT Beauty products on the shelves at Ulta Beauty. Brian Cassella | Tribune News Service | Getty Images Ulta Beauty on Thursday beat Wall Street’s fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare. The retailer hiked its full-year

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Salesforce surges on revenue beat, AI growth prospects – here’s our new price target for the stock

Shares of Salesforce surged in extended trading Tuesday after the enterprise software giant reported better-than-expected quarterly revenue and issued a solid forecast for the current period. But most importantly, the company showed that Agentforce, its new AI platform, may kickstart revenue growth in the future. Revenue in the fiscal 2025 third quarter increased 8% year

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EasyJet rakes in record $4.5 billion from fare add-ons as CEO slams ‘unfair’ penalty over practice

EasyJet on Wednesday said it made £3.59 billion ($4.5 billion) from charging passengers for flight and holiday 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 includes an airline and a package holiday provider, said ancillary

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Zoom surpasses expectations and calls for another quarter of single-digit growth

In this article ZM Follow your favorite stocksCREATE FREE ACCOUNT Eric Yuan, founder and CEO of Zoom Video Communications, speaks at Concordia Annual Summit in New York on Sept. 25, 2024. Leigh Vogel | Concordia Summit | Getty Images Zoom shares were down 4% in extended trading on Monday after the video calling software maker

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