Lowers Guidance for the Year

Shares of Allbirds Inc. dropped over 16 percent in after-market trading on Thursday as the footwear company lowered its guidance for the year following its latest earnings report. In the…

Revenues up 7.3 percent, Guidance raised

BERLIN– German online retailing giant Zalando continued to grow in the second quarter, with group revenues rising 7.3 percent to 2.83 billion euros over the three-month period. The second-quarter growth…

Macy’s Inc. Reports Q1 Declines But Came Out Ahead of Guidance

Macy’s Inc., continuing to aggressively close underperforming department stores, reported drops in profits and sales for the first quarter of 2025 but said the performance was better than expected. Net…

American Eagle Warns on Q1 Loss, Withdraws 2025 Guidance

American Eagle Outfitters Inc.’s business started off slowly this year, but chief executive officer Jay Schottenstein was hopeful that business would turn, saying in March that “we anticipate improvement as…