David Schick

Homeowners delay renovations, Lowe's cuts forecast

2011-08-15T14:37:37Z

NEW YORK (Reuters) - Lowe's Cos Inc reported weaker-than-expected quarterly sales and cut its fiscal-year outlook for the second time in three months as homeowners put off big renovations in an anemic U.S. economy.

Best Buy same-store sales seen down again

2011-06-14T04:07:45Z

NEW YORK (Reuters) - Best Buy Co Inc is poised to report its fourth straight quarter of same-store sales declines on weakness in its television business on Tuesday.

Best Buy shoppers shun pricey TVs; outlook dim

2011-03-24T20:22:48Z

NEW YORK (Reuters) - Best Buy Co Inc gave a fiscal-year profit outlook that could miss Wall Street estimates as budget-conscious U.S. shoppers show little interest in buying big-ticket items like televisions, and its shares fell more than 5 percent.

Best Buy shoppers shun pricey TVs; outlook dim

2011-03-24T20:22:48Z

Best Buy shoppers shun pricey TVs; outlook dim

2011-03-24T20:22:48Z

Home Depot raises outlook as customers renovate

2011-02-22T17:53:21Z

NEW YORK (Reuters) - Home Depot Inc raised its profit forecast for the year as homeowners take up long-delayed maintenance and repair projects and some even make expensive renovations in a slowly recovering U.S. economy.

Weak margins to hurt RadioShack's profit; CEO to retire

2011-01-24T17:16:15Z

BANGALORE (Reuters) - RadioShack Corp warned of a weak fourth-quarter profit due to contracting margins and said CEO Julian Day plans to retire, sending its shares down to a year low.

Ackman would finance Borders bid for Barnes & Noble

2010-12-06T22:15:21Z

Jessica Hall and Dhanya Skariachan

Has Wal-Mart captured the "slow decade" consumer?

2010-02-15T14:02:07Z

SAN FRANCISCO (Reuters) - Wal-Mart Stores Inc's quarterly results will show whether the company gained ground during the critical holiday sales period and if its retail strategy is holding onto its shoppers.

Coach fiscal 1Q profit falls slightly; sales rise

2009-10-20T17:14:10Z

Coach fiscal 1st-quarter profit falls slightly, but sales rise as low-priced lines pay off. Luxury handbag maker Coach Inc. said Tuesday its new lower-priced handbag lines such as its colorful Poppy bags are boosting growth in an environment where consumers will spend less on nonessentials for the long term.

Ahead of the Bell: Hibbett Sports

2009-08-21T13:14:21Z

Analyst says Hibbett 2Q results 'troubling,' worries about pressure from Walmart. A Stifel Nicolaus & Co. analyst said Friday that the latest quarterly results from Hibbett Sports Inc. were "troubling" and it may suffer as Walmart stores offers more specialized sports gear.

Barnes & Noble 2nd-qtr profit beats expectations

2009-08-20T20:57:59Z

Barnes & Noble 2nd-quarter net income falls 27 percent, but results top expectations. Barnes & Noble Inc., the nation's largest bookstore chain, said Thursday its second-quarter profit fell 27 percent, but results beat analyst expectations as the company cut costs.

PetSmart slips on downgrade, lowered forecast

2009-08-20T16:49:21Z

PetSmart's stock drops on analyst's downgrade, reduced full-year profit guidance. Shares of PetSmart Inc. sagged in midday trading Thursday, squeezed by an analyst's downgrade and its lowered full-year earnings forecast.

Lowe's curbs expansion as consumers pull back

2009-08-17T19:27:10Z

BANGALORE (Reuters) - Lowe's Cos , the No. 2 U.S. home improvement chain, curbed its expansion plans and forecast worse-than-expected results in the third quarter as recession-weary consumers put off big renovations, sending its shares down more than 11 percent.

Earnings Preview: Lowe's Cos.

2009-08-14T19:13:44Z

Analyst expects moderate improvement in Lowe's Cos.' 2nd quarter. No. 2 home-improvement chain Lowe's Cos. reports its second-quarter earnings on Monday. The following is a summary of key developments and analyst opinion related to the period.

Earnings Preview: Home Depot

2009-08-14T18:58:20Z

Analysts expect Home Depot sales to improve as housing slump begins to moderate. Home Depot Inc., the largest U.S. home improvement retailer, reports its second-quarter earnings on Tuesday. The following is a summary of key developments and analyst opinion related to the period.

RadioShack shares fall on dim sales prospects

2009-07-27T17:10:00Z

BANGALORE (Reuters) - Cost-cuts helped RadioShack Corp beat estimates in the second quarter, but its shares fell 8 percent on fears the electronics retailer might not be able to sustain profits by merely controlling expenses.

Analysts tepid on Barnes & Noble e-bookstore

2009-07-21T18:03:24Z

Shares of Barnes & Noble fall, analysts tepid on new e-bookstore. Shares in Barnes & Noble Inc. slipped Tuesday as the bookseller's plans for a new electronic bookstore received a tepid response from investors and analysts.

Home Depot raises full-year earnings guidance

2009-06-10T20:44:20Z

Home Depot sees rosier full-year earnings from continuing operations than it did in Feb.. Home Depot Inc. said Wednesday that its full-year earnings from continuing operations may come in better than previously forecast, thanks to a combination of individual homeowners spending more and stronger overall sales.

Earnings Preview: Lowe's Cos. Inc.

2009-05-14T16:33:35Z

Lowe's Cos. to release first quarter results as spring sales heat up. Lowe's Cos. Inc. reports results for the first quarter on Monday. The following is a summary of key developments and analyst opinion related to the period.