Author: Editor

Shares of Canada Goose rose more than 20% on Wednesday after the company reported fiscal fourth-quarter earnings that beat analysts’ estimates, though it pulled its fiscal 2026 outlook due to “macroeconomic uncertainty.”The luxury retailer said it will not be providing a financial outlook for fiscal 2026 due to the uncertainty, citing “dynamic consumer spending patterns brought on by the unpredictable global trade environment.”Nonetheless, Canada Goose said it “remains confident in the strength of the brand, the Company’s solid financial position, and its ability to adapt to changing conditions.”Here’s what the company reported for the fiscal fourth quarter compared with what…

Lowe’s on Wednesday stood by its full-year forecast, as growing sales among home professionals helped offset slower demand from do-it-yourself customers.The home improvement retailer came in just shy of Wall Street’s expectations for quarterly sales, but beat earnings estimates.Shares of Lowe’s rose nearly 3% in premarket trading Wednesday.In the company’s news release, CEO Marvin Ellison said investments in its stores, technology and customer service have helped the retailer get through “near-term uncertainty and housing market headwinds.”Home improvement demand has been in a slower stretch as high interest rates and slower housing turnover ding U.S. consumers’ appetite to spend on pricier…

A view of a Target store on March 5, 2025 in Novato, California.Justin Sullivan | Getty ImagesTarget will report its fiscal first-quarter earnings Wednesday, as the Minneapolis-based cheap chic retailer tries to get back to growth.Here’s what Wall Street is expecting for the discounter, according to a survey of analysts by LSEG:Earnings per share: $1.64 expectedRevenue: $24.32 billion expectedTarget’s earnings report will follow updates from other retailers, including Walmart and Home Depot. Both of the big-box retailers reaffirmed their full-year outlooks when reporting quarterly earnings. Yet the two companies diverged with how they will manage higher costs from tariffs. Walmart…

PLANO, Texas — The top-selling SUV in the United States will exclusively be offered as a hybrid model as part of a redesign of the RAV4 lineup, Toyota Motor announced Tuesday night.The world’s largest automaker said the 2026 Toyota RAV4 only will be offered as a hybrid or plug-in hybrid, eliminating a traditional gas engine in the vehicle for the first time. It will still have a 2.5-liter four-cylinder engine, but with hybrid technologies such as batteries and electric motors.Despite a slower-than-expected adoption of all-electric vehicles, automakers have looked to hybrid models — which combine electric vehicle technologies with traditional…