Kohl’s had an even worse quarter than Wall Street expected with net sales plummeting nearly 10% in the aftermath of layoffs and store closures
One retail expert says Kohl’s problems stem from a “lack of identity and muddled strategy.”
One retail expert says Kohl’s problems stem from a “lack of identity and muddled strategy.”
Tesla shares climbed Tuesday after losing more than 15% of their value a day earlier.
Shares of organizational consulting firm Korn Ferry (NYSE:KFY) jumped 16.8% in the pre-market session after the company reported strong third-quarter (fiscal 2025) results, exceeding analysts' sales expectations, though its guidance for the next quarter painted a mixed picture, with earnings per share projected to outperform but revenue expected to fall short. Also, despite the results revealing a mixed segment performance, overall sales remained flat year over year, reflecting resilience amid e
Shares of cybersecurity company CrowdStrike (NASDAQ:CRWD) jumped 7.1% in the morning session after stocks rebounded, following a broad-based sell-off the previous day. The Nasdaq was down 4%, while the S&P fell 2.7% as concerns over the ongoing trade war continued to spread.
Shares of building systems company Limbach (NASDAQ:LMB) jumped 12.9% in the afternoon session after the company delivered impressive fourth-quarter results, with EBITDA beating analysts' estimates despite a slight revenue shortfall. A key highlight was the ongoing shift toward Owner Direct Relationships (ODR), where revenue grew over 21%, accounting for nearly two-thirds of total sales. This shift helped offset an almost 25% decline in General Contractor Relationships (GCR), a segment the compan
Shares of upscale restaurant company The One Group Hospitality (NASDAQ:STKS) fell 10.1% in the afternoon session after the company reported mixed fourth quarter results: its EPS and full-year EBITDA guidance fell short.
Shares of cryptocurrency exchange Coinbase (NASDAQ:COIN) jumped 7.8% in the morning session after stocks rebounded, following a broad-based sell-off the previous day. The Nasdaq was down 4%, while the S&P fell 2.7% as concerns over the ongoing trade war continued to spread. While those concerns haven't exactly disappeared, it's likely some investors looked to take positions in some of the beaten-down stocks, especially some of the high-quality names that got caught up in the sell-off.
As economic uncertainty has spawned a stock market sell-off, one of investors' favorite trades of the past two years is going through its own rerating of expectations.
Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing rising odds of a recession. Many business executives were optimistic that President Donald Trump would cut taxes and pursue deregulation, which they expected would bolster growth. Instead, Trump has aggressively implemented tariffs — and tariff threats — against the United States' largest trading partners.
Demand Warning From Airlines Hits Booking, Hotel, Cruise Stocks