The big-box retailer’s sales have soared during the pandemic, as customers have bought workout clothes, sneakers, golf clubs and other outdoor equipment.
Kategorie-Archiv: CNBC Financial News
Nordstrom earnings beat, retailer raises forecast, but shares fall as sales still below 2019 levels
Nordstrom reported fiscal second-quarter profit and sales that topped analysts‘ estimates.
Eyeglass retailer Warby Parker in IPO filing reveals rising sales—but also widening losses
The brand, which is best known for selling lower-priced, fashion-forward prescription glasses, is preparing to debut on Wall Street.
Op-ed: Sector leadership is in flux. How investors can navigate a directionless market
Corporate card start-up Ramp more than doubles valuation in five months to $3.9 billion
The fundraising is the latest evidence of a fintech boom after the coronavirus pandemic supercharged the category.
Corporate card start-up Ramp more than doubles valuation in five months to $3.9 billion
The fundraising is the latest evidence of a fintech boom after the coronavirus pandemic supercharged the category.
Stocks making the biggest moves in the premarket: Best Buy, Palo Alto Networks, Camping World and more
The stocks making the biggest moves in premarket trading include Best Buy, Palo Alto Networks, Camping World, and more.
China’s cyberspace regulator lays out two main conditions for companies wanting to go public
Sheng Ronghua, vice minister of the Cyberspace Administration of China, was speaking to reporters about a new „critical information infrastructure“ policy.
Stocks are getting a delta peak and growth slowdown wrong, market bull Jim Paulsen says
The Leuthold Group’s Jim Paulsen suggests the smart money is accurately forecasting Covid-19’s growth impact.
Best Buy shares rise on earnings beat, retailer says consumers are upgrading tech to work at home
The consumer electronics retailer said it has benefited from a healthy consumer, government stimulus and permanent lifestyle changes.