U.S. retail sales jump in August, Commerce reports
The U.S. Commerce Department reported that retail sales rose by more than expected in August, after a revised decline in July, according to a Wednesday release (dpa-AFX).
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Caleres reports Q2 adjusted earnings above expectations
Caleres said second-quarter adjusted earnings came in above expectations. Second-quarter sales were $695 million, up 5.6% year over year, and the company raised the lower end of full-year adjusted EPS guidance.
Walmart May Return to Beat-And-Raise Cycle
Walmart is expected to report fiscal 2027 second-quarter earnings on August 20