Sabrina Escobar

New York

Articles

American Eagle Stock Plummets on Surprise Loss, Pulled Guidance

1 day ago | barrons.com | Sabrina Escobar

American Eagle Outfitters stock was tumbling Tuesday after the apparel maker said it swung to a loss in its fiscal first quarter and pulled guidance for the rest of the year.
Student-Loan Defaults Push Delinquencies Higher. Why It Isn’t Time to Panic.

1 day ago | barrons.com | Sabrina Escobar

More Americans are falling behind on their debts as Americans resume making payments on their student loans after a hiatus of more than four years, though other data indicate that credit trends are returning to where they were before the pandemic.
Retail Stocks Jump on Lower China Tariffs. It Isn’t the ‘All Clear’ Yet.

2 days ago | barrons.com | Sabrina Escobar

Retail stocks surged Monday after the U.S. and China agreed to a 90-day tariff cease-fire, lifting a de facto trade embargo between the countries that put retailers in a tight spot as they planned for the holiday season.
Kohl’s Board Member Resigns, Adding to Retailer’s Turmoil

4 days ago | barrons.com | Sabrina Escobar

A Kohl’s board member resigned this week over disagreements about the retailer’s governance, adding extra turmoil to a management team upended by the termination of former CEO Ashley Buchanan.
Shopify Stock Falls on Wide Loss. Fundaments Remain ‘Firmly Intact.’

5 days ago | barrons.com | Sabrina Escobar |Mackenzie Tatananni

Shopify stock fell Thursday after the e-commerce platform posted a wider quarterly loss than a year ago and saw a slight slowdown in merchant volume growth.
Inflation Expectations Are Steady but Consumers Are More Worried

6 days ago | barrons.com | Sabrina Escobar

Consumers’ views of their financial situations have begun to worsen, Federal Reserve data show, but expectations of inflation were unchanged in April as Americans wait to see how President Donald Trump’s trade policies shake out. Median inflation expectations for the year ahead remained at 3.6% in April, according to the Federal Reserve Bank of New York’s latest survey of consumer expectations, released Thursday morning.
Shopify Stock Falls on Wide Loss. Fundaments Remain ‘Firmly Intact.’

6 days ago | finance.yahoo.com | Sabrina Escobar

Shopify stock fell Thursday after the e-commerce platform posted a wider quarterly loss than a year ago and saw a slight slowdown in merchant volume growth. Gross merchandise volume, which measures the total value of goods sold on Shopify’s platform, was $74.8 billion; that roughly aligned with estimates but decelerated from the previous quarter’s $94.5 billion.
Tapestry Stock Rises on Strong Earnings, Guidance. Tariffs Aren't a Problem Yet.

6 days ago | barrons.com | Sabrina Escobar

Tapestry stock jumped Thursday after Coach’s parent company posted a strong fiscal-third-quarter earnings, and raised guidance, indicating that tariffs will have an “immaterial impact” on results for the year. Tapestry reported adjusted earnings per share of $1.03 for the quarter ended March 29, well above consensus estimates for 88 cents, according to FactSet. Revenue rose 7% year over year to $1.58 billion, topping the consensus estimates for $1.53 billion.
Costco’s Sales Growth Cools in April

6 days ago | barrons.com | Sabrina Escobar

After a strong start to the year, Costco Wholesale is finally seeing consumer demand start to weaken. Costco’s sales in April rose 7% from a year ago to $21.2 billion, marking a slight deceleration from March’s 8.6% increase. Same-store sales increased 4.4% year over year in April, slowing from a 6.4% gain in March. There were certain mitigating factors that Costco pointed to for the softer results.
Costco’s Sales Growth Cools in April. Store Visits Took a Hit.

1 week ago | finance.yahoo.com | Sabrina Escobar

After a strong start to the year, Costco Wholesale is finally seeing consumer demand start to weaken. Costco’s sales in April rose 7% from a year ago to $21.2 billion, marking a slight deceleration from March’s 8.6% increase. There were certain mitigating factors that Costco pointed to for the softer results.