Retail Sales

La-Z-Boy Inc. (NYSE:LZB) shares jumped 17.66% to $41.25 in after-hours trading Tuesday after the furniture maker reported fiscal fourth quarter results where earnings per share and revenue both topped analyst estimates. The data was reported for the period ended Apr. 25. EPS Blows Past Estimates...

On Tuesday, Yum Brands Inc. (NYSE:YUM) confirmed the sale of its subsidiary, Pizza Hut, to private equity firm LongRange Capital for nearly $1.5 billion. The Mainland China operations of Pizza Hut will be taken over by Yum China Holdings, Inc. (NYSE:YUMC) for nearly $1.2 billion. The...

On the brink of the FIFA World Cup 2026, Nike Inc. (NYSE:NKE) faced a stock downgrade from RBC Capital Markets. The firm lowered its share price target from $70 to $50, citing slower-than-expected revenue growth. The analysts, led by Piral Dadhania, have revised their outlook for the...

On the brink of the FIFA World Cup 2026, Nike Inc. (NYSE:NKE) faced a stock downgrade from RBC Capital Markets. The firm lowered its share price target from $70 to $50, citing slower-than-expected revenue growth. The analysts, led by Piral Dadhania, have revised their outlook for the...

Retail investors talked up five hot stocks this week (June 1 to June 5) on X and Reddit’s r/WallStreetBets, driven by retail hype, earnings, AI infrastructure momentum, and corporate/geopolitical news flow. Marvell Technology Inc. (NASDAQ:MRVL), Broadcom Inc. (NASDAQ:AVGO), CrowdStrike...