| Dec 12, 2013
| 7:28 AM
Lululemon Athletica Inc., the upscale yogawear purveyor that has recently courted controversy, reported third-quarter earnings that by all accounts exceeded Wall Street’s expectations.
It was the company’s forecast for its future that has...
| Nov 7, 2013
| 2:34 PM
Walt Disney Co. reported a 12% increase in net income for its fiscal fourth quarter, lifted by the performance of its consumer products, studio, and parks and resorts divisions.
The Burbank company posted net income of $1.394 billion for the quarter...
| Dec 16, 2013
| 10:24 AM
The nation's largest airlines recorded a combined net profit of $3.2 billion in the July-through-September period, more than double the profits from the same period last year, according to the U.S. Department of Transportation.
And the industry's...
| Nov 19, 2013
| 9:31 AM
It's a retailers' arms race for consumers' holiday dollars -- and Best Buy warned Tuesday that promotional discounts this season could hurt profitability.
As stores race this year to kick off Black Friday sales earlier and earlier, Best Buy plans to...
| Nov 13, 2013
| 11:00 AM
Macy’s Inc. is entering the Thanksgiving-to-Christmas shopping season with a new spring in its step, having handily beaten Wall Street expectations with a 31% surge in its fiscal third-quarter profit.
In the three-month period ended Nov. 2, the...
| Nov 25, 2013
| 8:08 AM
Swiss voters soundly rejected a plan Sunday that would have limited executive compensation to no more than 12 times the lowest-paid employees' pay.
The measure, known as the "1:12 initiative," was defeated 65.3% to 34.7% even amid wide public...
| Nov 19, 2013
| 8:14 AM
Home Depot, the country's largest home-improvement retailer, reported a 43% jump in third-quarter earnings, thanks largely to the housing recovery.
Net income rose to $1.35 billion in the quarter that ended Nov. 3 from $947 million a year earlier....
| Nov 14, 2013
| 8:20 AM
Wal-Mart Stores Inc. on Thursday reported lower-than-expected fiscal third-quarter revenue and another drop in a key U.S. sales figure. The retail giant also reduced its full-year forecast for the second time.
All this just before the key holiday...
| Nov 22, 2013
| 9:44 AM
Some 140 million people plan to shop on Thanksgiving and Black Friday all the way through next weekend, but outdoor apparel company Patagonia Inc. said it hopes the crowds will refrain from buying all-new items.
Instead, the Ventura-based retailer wants...
| Nov 14, 2013
| 3:34 PM
American Apparel Inc. struggled with out-of-stock items and high costs as it continued to transition to a new distribution center in La Mirada, resulting in disappointing earnings for the period ended Sept. 30.
The Los Angeles company said its revenue...
| Aug 15, 2013
| 8:21 AM
Wal-Mart Stores Inc., the world’s largest retailer, cut its outlook for the rest of the year after reporting second-quarter earnings that fell below expectations.
The disappointing performance, coupled with pessimistic forecasts from Macy’...