Macy’s on Tuesday reported fiscal fourth-quarter earnings and sales that outpaced analysts’ estimates and said that a strategic review has prompted the retailer to accelerate its turnaround plans.
Shake Shack forecast first-quarter revenue below estimates as the fast-spreading Omicron variant kept diners away and led to temporary restaurant closures, sending the burger chain’s shares down 10% in extended trading.
Tonal, known for its $2,995 at-home gym, is using a Super Bowl ad to make a point to women that they can use strength training equipment, too.
The Covid pandemic made the past 14 months a literal roller coaster of a ride for both theme parks and their fans. Parks shut down or didn’t open at all last spring, and although some did reopen by summer, it was with strict capacity limits and stringent health and safety measures that put off some […]
Michael V. Marrale, CEO of M Science, joined Leslie Picker of CNBC’s Squawk on The Street to discuss pandemic-driven shifts in how and where people spend their money, how the rise of cashless payments brings additional clarity to consumer behavior trends, and the growing benefits in the world of alternative data for hedge funds, investors […]