January 13, 2025Erin SlifkaComments Off on Retail Stocks Drop Amid Investors’ Concerns Over Ability to Post Growth in 2025
Shares of retail stocks sank after companies including Abercrombie & Fitch, Macy’s and Urban Outfitters provided updates on their holiday performance and outlooks that disappointed investors for the year ahead.
The consumer-electronics company maintained its full-year guidance and said it is now ready to accelerate its strategic plan to drive profitable growth.
Companies seeking to benefit from campaign promises to cut regulations and taxes are ditching diversity and climate initiatives; ‘EVERYBODY WANTS TO BE MY FRIEND!!!’
January 13, 2025Erin SlifkaComments Off on Sainsbury’s Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.