Tag: Clothing Stores

ThredUp stock falls after first post-IPO earnings report

Shares of ThredUp dropped nearly 8% in after-hours trading Wednesday as investors gave the cold shoulder to both online secondhand retailers reporting quarterly results in the extended session. ThredUp TDUP, +3.78% reported a narrower-than-expected first-quarter loss and sales that were above forecast. Earlier Wednesday, Poshmark Inc. also reported a quarterly beat, but shares tanked as […]

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These 20 stocks performed the best over the first 100 days of Biden’s presidency

(Updates story with closing prices through April 30, President Biden’s 100th day in office.) Joe Biden has had a spectacular run — especially in the stock market. Friday was his his 100th day in office. During the new president’s first 100 days in office, the Dow Jones Industrial Average DJIA, -0.54% rose 8.6% and the […]

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Stitch Fix stock down 23% after quarterly sales disappoint

Stitch Fix Inc. stock tanked more than 20% in the extended session Monday after the retailer reported fiscal second-quarter sales that missed Wall Street expectations. Stitch Fix SFIX, -6.14% said it lost $21 million, or 20 cents a share, in the quarter, contrasting with earnings of $11.4 million, or 11 cents a share, in the […]

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Gap sales miss estimates due to pandemic closures and restrictions

Gap Inc. late Thursday said its sales fell 5% in the quarter that included the holidays, citing international store closures and U.S. stay-at-home restrictions. Gap GPS, -1.44% said fourth-quarter revenue fell to $4.42 billion from $4.67 billion in the year-ago quarter. The San Francisco-based company swung to a profit, though, posting fourth-quarter net income of $234 […]

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Sephora will set up shop inside Kohl’s starting next fall

Sephora has about 2,600 stores globally, but only 500 free-standing locations in the Americas. Mario Tama/Getty Images The beauty wars are heating up. Sephora plans to install 850 shops inside Kohl’s Corp. KSS, +14.09% stores by 2023, upending the beauty retailer’s longstanding partnership with J.C. Penney Co. JCPNQ, -2.81%, according to company executives. Source link

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