News

Lululemon (NASDAQ:LULU) Exceeds Q4 Expectations But Stock Drops

Athletic apparel retailer Lululemon (NASDAQ:LULU) announced better-than-expected revenue in Q4 CY2024, with sales up 12.7% year on year to $3.61 billion. On the other hand, next quarter’s revenue guidance of $2.35 billion was less impressive, coming in 2.1% below analysts’ estimates. Its GAAP profit of $6.14 per share was 4.6% above analysts’ consensus estimates.

Oxford Industries’s (NYSE:OXM) Q4: Beats On Revenue But Stock Drops

Fashion conglomerate Oxford Industries (NYSE:OXM) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, but sales fell by 3.4% year on year to $390.5 million. On the other hand, next quarter’s revenue guidance of $385 million was less impressive, coming in 4.9% below analysts’ estimates. Its non-GAAP profit of $1.37 per share was 8.1% above analysts’ consensus estimates.

Why Steelcase (SCS) Stock Is Trading Up Today

Shares of office furniture manufacturer Steelcase (NYSE:SCS) jumped 13% in the pre-market session after the company reported an impressive fourth quarter 2024 results which blew past analysts' EPS expectations, while sales were in line.

Advance Auto Parts (AAP) Stock Trades Up, Here Is Why

Shares of auto parts and accessories retailer Advance Auto Parts (NYSE:AAP) jumped 8.6% in the afternoon session after shares of auto parts companies rose as the 25% tariffs announced by President Trump on all vehicles imported into the US suggested new vehicles might be more expensive. Anticipating higher prices, markets were betting that consumers would delay purchasing new vehicles and instead hold on to their current ones longer. This shift in behavior is expected to boost demand for car ren

Oil Edges Up as US Stockpile Decline Overshadows Wider Trade War

(Bloomberg) -- Oil edged higher as signs of tighter near-term supply-and-demand balances overshadowed an intensifying global trade war that threatens to crimp global energy consumption. Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseGold-Rush Fever Returns to Historic New Zealand Mining TownTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesWest Texas Inte

U.S. Natural Gas Futures Gain as April Contract Expires

U.S. natural gas futures shook off a bearish storage report and settled higher as the market looked to demand for gas to refill inventories over the summer. The Nymex April contract went off the board at $3.95/mmBtu, up 2.3%, and gas for May delivery settled up 1.4% at $3.925.