Nike shares rise as earnings, sales top estimates, fueled by strong North American demand

Nike CEO John Donahoe said the retailer is in a "much stronger competitive position" than it was pre-pandemic.

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Darden shares fall as CEO announces plans to retire; Olive Garden parent raises forecast despite planned wage hike

Olive Garden parent Darden Restaurants announced that CEO Gene Lee will retire May 29.

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Adobe plunges 10% and has second-worst day in past decade on weak guidance

Adobe's guidance for its fiscal first quarter badly missed analysts' estimates, sending the stock down more than 10%.

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Lowe's shares fall as sales outlook disappoints, home improvement demand could cool

During an analyst meeting, Lowe's Chief Financial Officer Dave Denton said the retailer is preparing for a "modest sector pullback in 2022."

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Lululemon earnings top estimates, but shares fall after retailer cuts forecast for Mirror sales

Lululemon's stock gave up gains Thursday after the company slashed its sales expectations for Mirror, the at-home fitness device it acquired last year.

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Oracle swings to loss because of payment tied to dispute over former CEO Hurd's employment

Oracle's results were clouded by a payment tied to the employment of Mark Hurd, previously co-CEO of the database software maker with current CEO Safra Catz.

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GameStop shares fall as video game retailer reports widening losses in third quarter

GameStop shares fell after the video game retailer reported that its losses widened in the fiscal third quarter.

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Rent the Runway posts widening losses, as subscribers have yet to return to pre-pandemic levels

Rent the Runway booked a wider fiscal third-quarter loss compared with 2020, as its sales shot up 66% year over year.

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Stitch Fix shares crater as retailer cuts forecast, despite topping earnings estimates

Stitch Fix cut its revenue outlook for the fiscal year, saying that it faces ongoing supply chain pressures and is in a transition period for bringing on users.

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MongoDB shares jump as revenue growth accelerates

While MongoDB continues to spend heavily in a competitive market, it's raising expectations for the quarter ahead.

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DocuSign plunges almost 30% after e-signature company issues weak fourth-quarter guidance

DocuSign lost more than a quarter of its value after hours on Thursday following a disappointing forecast for the end of the year.

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Kay Jewelers parent Signet shares rise after retailer beats expectations and raises outlook

Amid ongoing global supply chain issues, Signet CEO Virginia Drosos said the retailer secured its holiday merchandise early this year.

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Dollar General tested a store for wealthier shoppers. Now, it will grow to 1,000 locations

Dollar General plans to expand its Popshelf chain to about 1,000 locations. The new format helps the discounter attract suburban customers and drive up profits.

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Snowflake stock soars on strong revenue and Q4 guidance

Shares of Snowflake were up more than 13% after it surpassed analyst expectations for third-quarter revenue and provided strong product revenue guidance.

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