Abercrombie & Fitch sales growth slowed again in its fiscal second quarter as the apparel company struggles to top the surge it enjoyed last fiscal year. During the quarter, sales at the namesake Abercrombie brand fell 5% while comparable sales dropped 11%. But the success of the teen-focused Hollister brand helped to salvage the quarter….
A sign is displayed above a Kohl’s store in Chicago on March 1, 2023. Scott Olson | Getty Images Kohl’s shares climbed more than 20% on Wednesday after the retailer topped Wall Street’s second-quarter earnings and revenue expectations, even as its sales declined and it looks for a new CEO. The Wisconsin-based department store narrowed…
New York-listed shares of Canada Goose rose in premarketing trading, after a CNBC report that the winter-clothing maker’s controlling shareholder, Bain Capital, has received bids to take the company private. The stock was up 7.64% at 07:08 E.T. Private equity firm Bain Capital is looking to offload its holding in Canada Goose, sources told CNBC’s…
NASA administrator Sean Duffy visits the Neil A. Armstrong Operations and Control Building at the Kennedy Space Center for Space Launch Complex 39A before the NASA and SpaceX Launch Crew-11 mission to the International Space Station on July 31, 2025 in Cape Canaveral, Florida. Miguel J. Rodriguez Carrillo | Getty Images Transportation Secretary Sean Duffy…
Eli Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023. Mike Blake | Reuters Eli Lilly on Tuesday said its daily weight loss pill helped patients with obesity and Type 2 diabetes shed weight in a late-stage trial, meeting the study’s main goal and clearing the way for the company to…
The new Cracker Barrel logo is seen on a menu inside the restaurant on Aug. 21, 2025 in Pembroke Pines, Florida. Joe Raedle | Getty Images Cracker Barrel Old Country Store on Monday issued a statement responding to the widespread backlash it faced last week over its rebranding and new logo. “If the last few…
People watch as Berkshire Hathaway chairman Warren Buffett is seen on a screen speaking at the Berkshire Hathaway annual shareholders’ meeting in Omaha, Nebraska, on May 3, 2025. Brendan McDermid | Reuters Warren Buffett is not in the market to buy another railroad but he did meet with the CEO of CSX and discuss greater…
Labubu toys packaging are seen at a souvenir store in Krakow, Poland on August 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Even Confucius is getting in on China’s “blind box” craze. At the main temple in Beijing to China’s greatest sage, the souvenir shops sell a range of “blind boxes,” gifts packaged in…
POLAND – 2024/12/08: In this photo illustration, the Keurig Dr Pepper company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Keurig Dr Pepper will acquire Dutch coffee and tea company JDE Peet’s in a roughly $18 billion transaction, the…
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly‘s stock is still recovering after the drugmaker released trial data earlier this month on its closely watched obesity pill that underwhelmed Wall Street. In a key late-stage trial,…
