Abercrombie & Fitch Co. reported a surprise profit as it beat Street estimates on its top and bottom lines, fueled by ongoing strength in its namesake brand.
Lowe’s Companies posted first-quarter earnings and sales that topped analysts’ estimates but cut its outlook, citing falling lumber prices and a decline in do-it-yourself (DIY) discretionary spending.
Ross Stores reported better-than-expected first-quarter results but warned that higher prices continue to impact its customers’ discretionary spending.
Months after it cut ties with controversial rapper and designer Ye (Kayne West), Adidas has finally gone public with plans for its existing Yeezy inventory.
