What Wall Street Is Saying About Nike’s Q1 Win: Retail, China + More
Wall Street’s collective reaction was that Nike is showing progress, but headwinds mean it’ll take more time to work through the remaining challenges…
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Nike earnings beat analysts’ expectations — but CEO says ‘we still have work ahead’
Nike exceeded analysts’ expectations for its fiscal first quarter, but the company’s CFO warned that progress won’t be linear…
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Match Group posts revenue above estimates as it looks to lure Gen Z with AI push
Tinder-parent Match Group’s (MTCH.O) second-quarter revenue surpassed Wall Street expectations on Tuesday…
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Hoka brick-and-mortar stores ‘the primary venue for full-price sales’
With the brand’s customers tending to look for price breaks online, Deckers is looking to expand retail partnerships…
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Labubu firm sees profit soaring by at least 350%
Pop Mart, the Chinese toy firm behind the hugely popular Labubu dolls, has said its profits are set to soar for the first…
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Once a skeptic, Domino’s embraces third-party aggregators
The Bottom Line: The pizza chain’s deal with DoorDash appears to be working as expected, according to the data firm M Science…
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Bumble to lay off 30% of global workforce as dating apps struggle
Bumble (BMBL.O) said on Wednesday it would lay off nearly a third of its workforce, the latest cuts in a dating app industry striving to…
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Lululemon shares plunge 23 per cent after hours on weak guidance
Vancouver-based apparel retailer had a good first quarter, ended May 4, but weak guidance and same-store sales growth likely dampened…
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Temu-owner PDD Holdings’ revenues hit by intense China competition and challenges abroad
Intensifying competition in China and new U.S. tariffs led to the slowest sales growth since early 2022…
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Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad
Chinese e-commerce firm PDD Holdings (PDD.O) saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion)…
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