Foot Locker Posts Q1 2023 Results, Sees Stock Sink 25% on Sales Drop
Sportswear and footwear retail company Foot Locker took a beating in its Q1 2023 report after sustaining an 11% drawdown in revenue.
Sportswear and footwear retail company Foot Locker took a beating in its Q1 2023 report after sustaining an 11% drawdown in revenue.
According to Nike, inventories climbed 16% in the fiscal Q3 2023 compared to the same period in 2022.
Cramer said that the software companies’ nightmare that has been persisting may finally be over.
Affirm stock has gained approximately 107.97%, 52.73%, 18.56% in the past three months, one month, and five days respectively.
According to the second-quarter earnings result released, Target reported the strongest gain in comparable sales of 24.3%. TGT stock is 12% up today.
As the U.S. riots continue spreading countrywide after the death of George Floyd, the stock market is anticipated to feel the heat. Amazon, Target and Apple have already temporarily closed their stores.
CNBC’s Jim Cramer said that investors should “stop circling the wagons around index funds”. It’s time for us to pay attention to new Covid winners.
As the world waits in anticipation of a beneficial deal between the U.S. and China Jim Cramer highlights a few stocks that would benefit most from the deal.
According to Adobe Analytics, Cyber Monday sales are on course to break records and hit $9.4 billion.
It has been revealed that Fold users will have an opportunity to enjoy a 3% cash-back on every Airbnb booking.