While wary consumers have been tightening their purse strings this year, leather goods maker Coach experienced a sales pickup by offering lower price points and targeting rapid expansion in China, according to CEO Lew Frankfort.
Here's a roundup of corporate earnings reports for Tuesday. Aug. 3.
The monthly sales reports will be issued by car makers throughout the day and are expected to show an annualized selling rate of 11.4 million vehicles, up from 11.1 million last month.
The Mad Money host sends an ominous message and lists what earnings to watch next week.
With store expansion on the back burner, retailers are turning to fresh avenues for growth, betting that their brand equity will carry over to new product categories.
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With women growing tired of their over-worn wardrobes and the economy slowly ticking higher, sales of fashion accessories rose 17 percent in the first quarter, after ending the year 10 percent lower in 2009, according to an industry study.
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In the latest push to expand its product line to a wider demographic, luxury goods maker Coach will debut its first-ever standalone men's store on Friday, to determine whether an expansion on the category—or a slew of men's-specific locations—could be a profitable investment.
The latest batch of retail sales reports underscore that economic recovery doesn't happen overnight. Still, despite these disappointments, the results marked the eighth consecutive month that retailers logged same-store sales increases.
Manufacturing and retail are perking up, according to the ADP jobs report for April, especially the former, which has been characterized as a “shining light.”
Just in time for Berkshire Hathaway's Annual Meeting this weekend, Warren Buffett's brand of value investing may be ready to take over for the high-risk strategy that has been in favor over the last 12 months.
Better corporate profits and economic news could keep the market humming, as long as the slow fuse on the Greek debt situation doesn't end with a bang.
Stocks ended higher Tuesday, led by energy and financials. But IBM and Goldman Sachs declined.
What follows is a roundup of corporate earnings reports for Tuesday, April 20.
We opened positive on generally good corporate earnings, positive economic data in Europe and opening above the psychologically important 1200 level for the S&P 500. Even thought the Dow is relatively flat, there are THREE stocks advancing for every ONE declining...
The Dow erased its early gains Tuesday as IBM and Goldman Sachs fell despite solid earnings reports from both companies.