FINANCE

Three-quarters of consumers to celebrate Memorial Day

Most Americans plan to be out and about this Memorial Day and most plan to make a purchase.
Restaurant chain Cava files for IPO; sees potential for 1,000-plus locations

Cava Group Inc. has gone public with its plans for an initial public offering.
Ross Stores Q1 sales edge up

Ross Stores reported better-than-expected first-quarter results but warned that higher prices continue to impact its customers’ discretionary spending.
Adidas to sell remaining Yeezy items — will donate some of the proceeds

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.
Foot Locker income dives as sales soften ‘meaningfully;’ names new CFO

Foot Locker posted a tough first quarter with falling sales and earnings that missed Street estimates.
Bath & Body Works lifts forecast on better-than-expected Q1 results

Bath & Body Works reported first-quarter earnings amid sales that beat Street expectations and boosted its full-year guidance.
High food prices persist, cutting into spending even as inflation moderates

Inflation is easing, but consumers are still feeling the pinch of escalated food prices.
Boot Barn in mixed quarter; to open 52 stores

Boot Barn Holdings’ earnings increased in the fourth-quarter even as its same-store sales fell.

Lowe’s sales dip but beat estimates; lowers guidance