Delta shares jump after the airline raises its 2020 earnings guidance
VIDEO5:0305:03Delta Air Lines CEO Ed Bastian on raising 2020 earnings guidanceSquawk Box Delta Air Lines CEO Ed Bastian told CNBC on Thursday he expects the consumer to remain strong in the new year, and that's why the carrier is raising its earnings …
Lululemon earnings beat estimates, but shares fall on weaker-than-expected outlook
Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai.Alex Tai | SOPA Images | LightRocket | Getty Images Lululemon on Wednesday reported quarterly earnings and sales that topped analysts' estimates, as more shoppers around the world picked up its yoga …
Lowe’s shares jump after earnings top estimates despite revenue shortfall and 2019 forecast is boosted
VIDEO2:5102:51Lowe's earnings: $1.41 per share vs $1.35 expectedSquawk Box Lowe's on Wednesday reported quarterly earnings that beat analysts' expectations and raised its forecast for the year, even as revenue fell short of projections. Shares rose more than 5%, hitting a new 52-week …
Target shares surge after company crushes earnings and raises forecast
VIDEO12:2912:29Watch CNBC's full interview with Target CEO Brian Cornell on Q3 earningsSquawk Box Target earnings and sales trounced analysts' estimates, marking a bright spot in retail after weak reports from department store chains J.C. Penney and Kohl's. The big-box retailer also raised …
Shares of Victoria’s Secret parent L Brands jump on fourth-quarter forecast, in-line profits
A customer carries a shopping bag while exiting a Victoria's Secret Stores LLC store, a subsidiary of L Brands Inc., in New York, U.S., on Wednesday, Nov. 14, 2018.Bloomberg | Getty Images L Brands posted mixed third-quarter results Wednesday as declining sales …
Macy’s shares fall on sales miss, retailer slashes outlook
VIDEO1:2201:22Macy's reports first negative comp sales in two yearsSquawk Box Macy's on Thursday reported its first same-store sales decline in two years, casting blame on warmer weather and weak traffic at some shopping malls. Because of the poor results, the department store …
Gap shares rise on earnings, sales beat; retailer says making ‘progress’ on split
VIDEO1:0101:01Shares of Gap jump after beating Q3 earningsClosing Bell Gap Inc. on Thursday reported quarterly earnings and sales that topped analysts' lowered expectations, after the company warned earlier this month that it was anticipating dismal results. Its once-strong Old Navy brand struggled …
Nordstrom shares jump after earnings beat estimates
Rolls of gift paper hang on display at a Nordstrom Local concept store in New York, Sept. 5, 2019.Demetrius Freeman | Bloomberg | Getty Images Shares of Nordstrom spiked more than 10% during extended trading Thursday after the company reported fiscal third-quarter …
Pure Storage’s stock plunges, and its weak guidance is the latest ominous sign for tech infrastructure vendors
Pure Storage CEO Charles Giancarlo.Ryan Anson | Bloomberg | Getty Images Pure Storage, a manufacturer of high-speed storage equipment for data centers, became the latest tech infrastructure provider to issue weak guidance, at least in part because of worsening macroeconomic conditions and …
Abercrombie & Fitch misses same-store sales estimates
Customers exit an Abercrombie & Fitch store in San Francisco, California.David Paul Morris | Bloomberg | Getty Images Abercrombie & Fitch fell short of quarterly same-store sales estimates on Tuesday, hit by sluggish demand for the teen apparel retailer's surfwear-themed Hollister clothing …
Dollar Tree shares tank 15% after discount retailer cuts forecast, blaming tariffs
Gary Philbin, CEO, Dollar TreeScott Mlyn | CNBC Dollar Tree just signaled for a disappointing holiday earnings quarter thanks to U.S.-China trade war tariffs, sending its shares cratering on Tuesday. The discount retailer said the tariffs slapped on Chinese imports will add …