Earnings

Gap beats earnings and revenue estimates, hikes profit margin outlook as results are posted early

Gap raised its full-year profit outlook on Thursday after seeing better-than-expected results at its largest brand, Old Navy. The apparel…

Dollar General shares crater 25% as retailer cuts outlook, blaming ‘financially constrained’ customers

Dollar General shares tumbled Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting…

JD.com shares climb after announcing $5 billion share buyback, outperforming decline in Hang Seng

Hong Kong-listed shares of Chinese online retailer JD.com climbed 1.2% on Wednesday, outperforming the decline on the Hang Seng index…

BHP CEO expects a turnaround in China’s property sector in year ahead

BHP CEO Mike Henry said he expects China’s property sector to rebound in the upcoming year on the back of…