Financial performance

December 05, 2018 - 2:52 pm
USA Gymnastics is turning to bankruptcy in an effort to ensure its survival. The embattled organization filed a Chapter 11 bankruptcy petition on Wednesday as it attempts to reach settlements in the dozens of sex-abuse lawsuits it faces and to forestall its potential demise at the hands of the U.S...
Read More
FILE - In this Dec. 5, 2011, file photo, bottles of Jack Daniel's Tennessee Whiskey line the shelves of a liquor outlet in Montpelier, Vt. Spirits maker Brown-Forman Corp. on Wednesday, Dec. 5, 2018, reported fiscal second-quarter net income of $249 million. (AP Photo/Toby Talbot, File)
December 05, 2018 - 8:27 am
LOUISVILLE, Ky. (AP) — Liquor company Brown-Forman Corp. reported slightly higher second-quarter net income Wednesday on the strength of its American whiskey and tequila sales, but cautioned that it's starting to feel the pinch from tariffs slapped on its spirits in key European markets. The...
Read More
In this Friday, Nov. 16, 2018, photo a display shows two large Lego toys on a slide near the toy section at a Target store in Bridgewater, N.J. Companies from Target to online mattress company Casper aren’t just counting on a stronger economy to pump up sales. Target’s CEO Brian Cornell estimated last month there’s up to $100 billion in market share for grabs, double what he foresaw just a year ago. So Target is accelerating its store remodels in areas where bankrupt retailers had stores. (AP Photo/Julio Cortez)
November 21, 2018 - 11:40 am
NEW YORK (AP) — Toys R Us and Bon-Ton may be gone but they haven't been forgotten. Companies like Target and online mattress company Casper are creating playbooks to pick up market share that those and other defunct or dying retailers left behind. Casper, for instance, is teaming up with department...
Read More
November 20, 2018 - 4:40 pm
NEW YORK (AP) — Lowe's Cos. reported disappointing numbers for a key sales measure in the third quarter and said it would exit its Mexico operations in its bid to compete better with home improvement leader Home Depot. The home improvement chain said Tuesday it would also exit its contracting...
Read More
In this Friday, Nov. 16, 2018, photo, ornaments, including one with the likeness of Bullseye, the Target mascot, hang from a display at a Target store in Bridgewater, N.J. Shoppers are spending freely heading into the holidays, but heavy investments and incentives like free shipping by retailers are giving Wall Street pause. Target Inc., Kohl's Corp., Best Buy Co. and TJX Cos. all reported strong sales at stores opened at least a year. (AP Photo/Julio Cortez)
November 20, 2018 - 4:36 pm
NEW YORK (AP) — Shoppers are spending freely heading into the holidays, but heavy investments and incentives like free shipping by retailers are giving Wall Street pause. Target Inc., Kohl's Corp., Best Buy Co. and TJX Cos. all reported strong sales at stores opened at least a year. That's a key...
Read More
In a photo taken Friday, Nov. 16, 2018, Target employee Lindsay Walker scans an item as she collects merchandise from shelves to prep them for an online order at a Target store in Edison, N.J. Target Corp. reports earnings Tuesday, Nov. 20. (AP Photo/Julio Cortez)
November 20, 2018 - 7:23 am
MINNEAPOLIS (AP) — Target's ramped up investments online and in stores are bringing in shoppers, but they're bruising the bottom line right now. Company shares tumbled 10 percent before the opening bell Tuesday after Target missed profit expectations for the third quarter, the last look at the...
Read More
FILE- This Nov. 9, 2018, file photo shows a Walmart Supercenter in Houston. Walmart Inc. reports earnings Thursday, Nov. 15. (AP Photo/David J. Phillip, File)
November 15, 2018 - 6:59 am
NEW YORK (AP) — Walmart reported strong sales online and in its established store sales for its fiscal third quarter, and raised profit expectations for the year heading into the holiday shopping season. The report Thursday suggests that efforts by Walmart to improve the experience of its customers...
Read More
FILE- In this May 16, 2018, file photo, traffic makes it's way past the Macy's flagship store in New York. Macy's Inc. reports earnings Wednesday, Nov. 14. (AP Photo/Mary Altaffer, File)
November 14, 2018 - 7:54 am
CINCINNATI (AP) — Macy's is heading into the crucial holiday season firing on all cylinders, logging its fourth consecutive quarter of sales growth at existing locations and getting strong reactions from customers both online and in its stores. The company also upped its annual earnings...
Read More
FILE - In this Sept. 10, 2018 file photo, Jim Craig, David Burke and Chris Rayner load generators as people buy supplies at The Home Depot in Wilmington, N.C. Home Depot Inc. reports earnings Tuesday, Nov. 13. (Ken Blevins/The Star-News via AP, File)
November 13, 2018 - 5:25 am
ATLANTA (AP) — Home Depot is breezing past all expectations for the third quarter, including comparable-store sales, with consumers plowing money into homes even as the housing market appears to cool off. The Atlanta company on Tuesday reported income of $2.87 billion, or $2.51 per share, far...
Read More
In this Saturday, Nov. 10, 2018, photo Lauren Ray pets her 9-month-old dog Bear in her Milwaukee home. Ray says she is happy to hear Petco is announcing Tuesday, Nov. 13, that it plans to stop selling dog and cat food and treats with artificial colors, flavors and preservatives, both online and at its 1,500 stores in the U.S. and Puerto Rico by May 2019. She feeds her dog organic food and hopes Petco's change will help her find more varieties at a convenient location. (AP Photo/Carrie Antlfinger)
November 13, 2018 - 4:21 am
Demand for healthy, natural food is extending from humans to their pets. Petco announced Tuesday it will stop selling dog and cat food and treats with artificial colors, flavors and preservatives, both online and at its nearly 1,500 stores in the U.S. and Puerto Rico. "We are making sure we are...
Read More

Pages