Aug 29, 2024 | Markets
Beauty retailer faces more competition from Target, Walmart Shoppers are increasingly focused on value, Ulta CEO says Ulta Beauty Inc. trimmed its sales forecast as more US consumers cut back on makeup and cosmetics in the face of higher prices and elevated borrowing...
Aug 29, 2024 | Markets
Retailer slashes 2024 forecasts for comparable sales, earnings Company’s shares sink 32%, biggest decline since 2009 IPO Dollar General Inc. shares plummeted the most on record after the discount retailer reduced its full-year sales forecast. Its chief executive...
Aug 29, 2024 | Markets
Index of contract signings decreased 5.5% to 70.2 in July Falling mortgage rates should spur more sales, NAR said A gauge of pending US sales of existing homes sunk in July to the lowest level on record, as high prices and borrowing costs continue to scare buyers...
Aug 29, 2024 | Markets
A narrower sales forecast beat weighed on its stock and peers Advanced Micro Devices and Broadcom are among stocks falling Nvidia Corp.’s earnings report needed to be perfect for a stock that’s added nearly $2 trillion in market value in the past year. In the end, a...
Aug 29, 2024 | Markets
Amy Weaver is stepping down as chief financial officer Company reports slowest ever year-over-year revenue growth Salesforce Inc. shares rose after the company gave an earnings forecast for the fiscal year that topped analysts’ estimates, seemingly satisfying...
Aug 29, 2024 | Markets
JPMorgan and Nomura also predict GDP will expand less than 5% Property slump has dragged down consumption, household wealth China’s annual growth target looks increasingly out of reach to economists, with UBS Group AG adding to a string of recent forecast cuts as...
