Best Buy’s Q3 earnings report disappointed analysts this week, as both results and forecasts for the coming holiday quarter came in below expectations, according to news from CNBC. Same-store sales rose at Best Buy during Q3 — up 4.4 percent — but not by as much as...
It wasn’t all bad news when Nordstrom reported its Q3 earnings yesterday. In fact, the embattled retailer turned in a beat on both earnings and revenue. But falling same-store sales and an apparent stall-out at its sales-generating Nordstrom Rack line of stores were enough to...
Mixed results for Kohl’s as it posted its Q3 earnings report depressed stock prices in trading today as the retailer reported that sales took a hit when a series of hurricanes forced store closures. “Like most retailers, our third-quarter comps were negatively impacted by the hurricanes, which resulted...
Through ill winds — literally — the U.S. economy managed to grow significantly in the third quarter, as measured by gross domestic product (GDP). According to news from The Wall Street Journal and via data by the Commerce Department, GDP was up 3 percent on an annual basis...
November 16, 2017
Best Buy’s Q3 earnings report disappointed analysts this week, as both results and forecasts for the coming holiday quarter came in below expectations, according to news from CNBC. Same-store sales rose at Best Buy during Q3 — up 4.4 percent — but not by as much as analysts would have liked to have seen, as pre-earnings forecasts […]
November 10, 2017
It wasn’t all bad news when Nordstrom reported its Q3 earnings yesterday. In fact, the embattled retailer turned in a beat on both earnings and revenue. But falling same-store sales...
November 10, 2017
Mixed results for Kohl’s as it posted its Q3 earnings report depressed stock prices in trading today as the retailer reported that sales took a hit when a series of hurricanes forced store...
