Retail

Trans World Entertainment Announces Plans to Sell FYE Chain for USD 10 Million

The Trans World Entertainment Corporation (NASDAQ:TWMC) announced today that its board of directors has agreed to sell the For Your Entertainment (FYE) segment for USD 10 million in cash to Sunrise Records and Entertainment Ltd. in Canada. The...

PayPal to Acquire Honey Science Corporation

PayPal Holdings, Inc. (NASDAQ: PYPL) announced that it has completed the acquisition of Honey Science Corporation, the online shopping tool, for roughly $4 billion in cash. PayPal intends to expand its appeal with this transaction, while...

SmileDirectClub, Inc. Announced Products Available Exclusively at Walmart

SmileDirectClub, Inc. (NASDAQ: SDC) today announced that a suite of affordable yet premium oral care products will be available exclusively at Walmart Inc. (NYSE: WMT) stores on Walmart.com. SmileDirectClub is the first provider of clear aligner...

RH Shares Soar on Earnings Beat and Revised Guidance

RH  (NYSE: RH), formerly known as Restoration Hardware, reported its third quarter financial results on Wednesday during extended trading hours. The Company topped earnings and revenue estimates, sending shares higher by 10.3% on Thursday.  For...

Shopify Shares Pop on Record-Breaking Black Friday and Cyber Monday Sales

Shopify (NYSE: SHOP) shares popped 5.7% on Tuesday during late trading sessions after the Company reported record-breaking Black Friday and Cyber Monday sales.  The Company highlighted that over one million merchants sold delivered revenues of...

Best Buy Shares Hit 52-Week High on Earnings

Best Buy Co. (NYSE: BBY) on Tuesday delivered earnings and revenue that beat analysts’ expectations, sending its share price to a 52-week high. The electronics retailer also raised its earnings guidance. The company said it earned an adjusted USD...

Target Shares Surge on Earnings

Target Corp. (NYSE: TGT) on Wednesday delivered third quarter earnings and sales that topped analysts’ estimates, sending shares up more than 9% at market open. The retailer said revenue grew 4.7% year-over-year to USD 18.67 Billion, beating...

Home Depot Misses Revenue Estimates, Cuts 2019 Outlook

Shares of Home Depot, Inc. (NYSE: HD) are down about 5% on Tuesday after the company cut its 2019 forecast and reported same-store sales that fell short of estimates. Home Depot also posted revenue that missed analysts’ targets. The home...

Coty Buys Majority Stake in Kylie Cosmetics

Shares of beauty giant Coty Inc. (NYSE: COTY) are up about 2% on Monday after the company announced it will take a majority stake in Kylie Cosmetics. The deal, expected to close in the third quarter of fiscal 2020, gives Coty a 51% stake in the...

Tyson Shares Jump Despite Earnings and Revenue Miss

Shares of Tyson Foods, Inc. (NYSE: TSN) are up over 6% on Tuesday, even after the meat producer reported fourth quarter earnings and sales that fell short of estimates. Tyson said net sales increased 8.8% to USD 10.88 Billion. Analysts, however,...
Target Shares Surge on Earnings

Target Shares Surge on Earnings

Target Corp. (NYSE: TGT) on Wednesday delivered third quarter earnings and sales that topped analysts’ estimates, sending shares up more than 9% at market open. The retailer said revenue grew 4.7%...

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