JD Sports Fashion Cuts Pretax Profit View After Revenue Growth Missed Expectations

[ad_1] JD Sports Fashion cut its forecast for fiscal 2024 headline pretax profit after revenue growth in the 22 weeks to Dec. 30 fell below expectations. The London-listed fashion retailer…

Tech Stocks Sink Ahead of Nvidia Earnings

[ad_1] Artificial intelligence powered the stock market for much of the year. Now it is testing U.S. stocks’ November rally. The S&P 500 slipped 0.2%. The Dow industrials fell 0.2%,…

Consumers Are Spending Like It’s 2019

[ad_1] Shoppers have shifted their spending habits in a postpandemic world, leaving retailers in the lurch. [ad_2] Source link

The Score: Macy’s, Nvidia, Warner Bros. Discovery and More Stocks That Defined the Week

[ad_1] Here are some of the major companies whose stocks moved on the week’s news. [ad_2] Source link

Stocks Slip on Worries About Consumer Spending

[ad_1] Climb in government-bond yields pauses, with 10-year hovering near highest mark since 2007. [ad_2] Source link

Dick’s Sporting Goods Blames Theft for Profit Woes

[ad_1] The retailer’s shares plunged 20% after it posted weak earnings and said rising retail theft was sapping its profitability. [ad_2] Source link

Just Do It: Nike Shares Are a Buy

[ad_1] The footwear giant has addressed many investor concerns, and its stock is cheap. [ad_2] Source link

Nike Increased Prices Along With Everyone Else and Now Discounts Are Mounting

[ad_1] The sneaker giant, which releases its quarterly report Thursday, is finding it hard to clear inventory. [ad_2] Source link

Americans Are Shopping Through Uncertainty

[ad_1] Worries about the outlook matter, but for U.S. consumers, the means to spend matters more. [ad_2] Source link

Nike Broke Up With Retailers. Now It’s Trying to Win Them Back.

[ad_1] The sneaker maker’s strategy seeks to shed excess product as inflation pinches consumers’ budgets. [ad_2] Source link