Steve Gelsi

1 week ago | marketwatch.com | Christine Idzelis |Steve Gelsi |Joy Wiltermuth |William Watts

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1 week ago | marketwatch.com | Steve Gelsi

Earnings ResultsTD Cowen analyst downgrades coffee giant’s stock, citing declining consumer perceptions of value and quality and higher labor costsPublished: May 29, 2025 at 8:44 a.m. ETStarbucks stock is no longer a buy for TD Cowen analysts. Photo: Kevin Frayer/Getty ImagesTD Cowen analyst Andrew Charles said Thursday that Wall Street’s earnings expectations for Starbucks Corp.

1 week ago | morningstar.com | Steve Gelsi

By Steve Gelsi Electronics retailer misses analyst estimates for quarterly same-store sales and revenue, but beats profit expectations Best Buy's stock fell 2.3% in premarket trading on Thursday after the electronics retailer cut its full-year profit guidance due to the impact of tariffs. Best Buy (BBY) now expects adjusted fiscal 2026 earnings of $6.15 a share to $6.30 share, down from its earlier estimate of $6.20 a share to $6.60 a share.

1 week ago | marketwatch.com | Steve Gelsi

Best Buy’s stock BBY fell 2.3% in premarket trading on Thursday after the electronics retailer cut its full-year profit guidance due to the impact of tariffs. Best Buy now expects adjusted fiscal 2026 earnings of $6.15 a share to $6.30 share, down from its earlier estimate of $6.20 a share to $6.60 a share. Analysts currently expect Best Buy to earn $6.13 a share, according to FactSet data.

1 week ago | marketwatch.com | Steve Gelsi

Earnings ResultsStock heads for best day in two years after a quarterly earnings beat, fueled by a big jump in Hollister sales and an improved outlook for sales growthPublished: May 28, 2025 at 8:43 a.m. ETAbercrombie & Fitch stock soars after a quarterly earnings beat and sales growth outlook improves despite tariffs.