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Starbucks shares drop on weak sales forecast, plans to close more than 150 stores next year - CNBC

CNBCStarbucks shares drop on weak sales forecast, plans to close more than 150 stores next yearCNBCShares of Starbucks sank Tuesday after the coffee chain lowered its third-quarter sales forecast and said it would scale back store growth. The compa.....»»

Category: topSource: googlenewsJun 19th, 2018

Starbucks forecasts same-store sales below estimates

Starbucks Corp on Tuesday forecast global comparable store sales for the current quarter below Wall Street's estimates and said it anticipates lower net new store growth in the U.S. for fiscal 2019......»»

Category: topSource: moneycentralJun 19th, 2018

Best Buy sales surge but outlook a concern

Best Buy's quarterly profit and same-store sales surged. But online sales growth slowed, and the company's outlook largely fell shy of estimates. Fred Katayama reports......»»

Category: videoSource: reutersMay 24th, 2018

Under Armour helps give Kohl"s activewear sales a boost

Kohl's Corp. CEO Michelle Gass said Tuesday that the retailer is seeing "strong growth" from its partnership with Under Armour Inc. Comparable sales of activewear grew 10 percent in the first quarter, outpacing the company's overall comparable sales.....»»

Category: topSource: bizjournalsMay 23rd, 2018

Nordstrom Reports Weaker Same-Store Sales Growth

Retailer Nordstrom’s net sales rose in its latest quarter as it continues to invest in its e-commerce business to drive customer engagement......»»

Category: smallbizSource: wsjMay 17th, 2018

Walmart Sees Sales Growth as Digital Investments Remain In Focus

Walmart said that stronger foot traffic and average customer spend per visit at its U.S. stores helped lift sales in its quarter, as the retail giant continued to invest in online initiatives......»»

Category: smallbizSource: wsjMay 17th, 2018

Why Walmart Earnings Were Good Enough

Walmart's first quarter results beat consensus earnings estimates by a penny and topped the revenue estimate as well. U.S. same-store sales growth was solid and store traffic was up. It adds up to a........»»

Category: blogSource: 247wallstMay 17th, 2018

Top 150+ 2018: No. 136 Imo"s Pizza

2017 revenue: $142 million +8.4% Revenue increased at Imo’s Pizza during 2017 because of continued growth in same-store sales attributed to online ordering, the Imo’s Rewards program, and improvements to franchised locations. The 100-restaurant .....»»

Category: topSource: bizjournalsMay 11th, 2018

Cara Reports Q1 2018 Results Led by Solid Same Store Sales Growth

Cara Reports Q1 2018 Results Led by Solid Same Store Sales Growth Canada NewsWire VAUGHAN, ON, May 10, 2018 VAUGHAN, ON, May 10, 2018 /CNW/ - Today, Cara Operations Limited announced results for the first quarter ending April 1, 2.....»»

Category: earningsSource: benzingaMay 10th, 2018

There"s a Lot to Like in Lululemon Athletica"s Most Recent Quarter

Lululemon was firing on all cylinders, and online sales growth was off the charts......»»

Category: topSource: foxnewsApr 7th, 2018

Winston Salem"s Long Jewelers says it"s closing soon

Long Jewelers Winston-Salem’s store, a family-owned business, will close after 26 years due to increasing competition from online jewelry retailers and decreasing sales. The 1,700-square-foot store at 111 Hanes Square Circle features in-store jewe.....»»

Category: topSource: bizjournalsJul 13th, 2018

PC Sales Show Fastest Growth in 6 Years, Apple Takes Fourth Place

Just when it appeared that the smartphone would kill the computer forever, PC sales have picked up the most in the last six year. According to research firm IDC, the growth rate in the second quarter........»»

Category: blogSource: 247wallstJul 13th, 2018

PC Sales Show Fastest Growth In Six Years, Apple Takes Fourth Place

Just when it appeared that the smartphone would kill the computer forever, PC sales have picked up the most in the last six year. According to research firm IDC, the growth rate in the second quarter........»»

Category: blogSource: 247wallstJul 12th, 2018

What"s in Store for PNC Financial (PNC) in Q2 Earnings?

Loan growth, coupled with higher rates, is likely to boost PNC Financial's (PNC) net interest income in Q2. Also, rise in fee income is expected to drive overall revenue growth. Th.....»»

Category: personnelSource: nytJul 12th, 2018

Can Abbott (ABT) Rise on Robust Overall Growth in Q2 Earnings?

Abbott (ABT) gains traction from a steady healthy growth trajectory seen in core Diabetes Care business. Abbott ABT is slated to report second-quarter 2018 results before the market opens on Jul 18. Last reported quarter, the company&rsqu.....»»

Category: personnelSource: nytJul 11th, 2018

PepsiCo second-quarter revenue rises 2.4 percent

PepsiCo Inc reported a 2.4 percent rise in quarterly revenue on Tuesday due to higher sales growth in its Frito-Lay unit in North America that helped offset weak demand for beverages......»»

Category: topSource: reutersJul 10th, 2018

Sleep Country Canada: Is Decelerating Same-Store Sales Growth A Concern?

Sleep Country Canada: Is Decelerating Same-Store Sales Growth A Concern?.....»»

Category: topSource: seekingalphaJul 9th, 2018

Report: Amazon still profits from sales of supremacist propaganda

Despite a policy against selling products that promote hatred, the retail giant’s online store as well as its publishing, music-streaming and Web services platforms facilitate the spread of racist ideology, according to a new report......»»

Category: topSource: moneycentralJul 6th, 2018

Report: Amazon profits from sales of white-supremacist propaganda

Despite a policy against selling products that promote hatred, the retail giant’s online store as well as its publishing, music-streaming and Web services platforms facilitate the spread of racist ideology, according to a new report......»»

Category: topSource: moneycentralJul 6th, 2018

Samsung Electronics profit growth slows on smartphone weakness

SEOUL (Reuters) - South Korean tech giant Samsung Electronics Co Ltd estimated on Friday earnings grew at the slowest pace in more than a year in the second quarter, as analysts said weak smartphone sales likely offset record high chip earnings......»»

Category: topSource: reutersJul 6th, 2018