News

Wolfspeed (NYSE:WOLF) recently appointed David Emerson as Chief Operating Officer, focusing on enhancing operational efficiency in their silicon carbide manufacturing. The company also welcomed two ...
For fiscal 2025, Kohl's continues to foresee a net sales decline of 5-7%. Comparable sales are projected to decline 4-6% during the year. The operating margin is expected to range from 2.2% to 2.6 ...
Best Buy said they saw losses and sales decline in categories like home theater, appliances and drones. In the same breath, Best Buy’s growth in the computing, mobile phone and tablet categories ...
THE DETAILS Despite a 5.1% decline in total net sales year-over-year, Macy’s overall performance exceeded expectations, helped by the resilience of its Bloomingdale’s and Bluemercury nameplates.
Net sales increased 4.5% to US$2.8bn compared with $2.7bn during the same quarter last year. This was primarily driven by an increase in comparable sales and new store contribution, which was ...
“In response to the decline in sales attributable to macroeconomic factors, the teams successfully achieved a solid fourth fiscal quarter performance through operational enhancements and prudent ...