— Shares of Five Below rose roughly 5% after the company's management touted the discount retail chain's ability to raise prices and mitigate tariff risk. CEO Kenneth Bell said the company had seen positive results in raising prices on select items and that the company was expanding price increases to include more items priced under $4. The company missed revenue expectations for the quarter announced Thursday, earning 51 cents per share on $417.4 million in revenue.
— The parent company of Calvin Klein and Tommy Hilfiger posted earnings and revenue that topped analyst expectations. PVH posted a profit of $2.10 per share on revenue of $2.4 billion. Wall Street analysts expected earnings per share of $1.88 on revenue of $2.33 billion. The company's revenue from its Tommy Hilfiger line grew by 8% in the quarter.—Shares of Burlington Stores surged more than 18% on the back of better-than-expected results for the second quarter.
We are already in a recession. Conman Trump lip service is sucking everyone into this market. the world is dead and we will come next.
Huh? Boeing is up 0.78% and Nvidia is up over 4%...?
kep
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Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »