US Business Inventories (M/M) Jul: 0.8% (est 0.8%; prev 0.0%; prev R 0.1%)
US Business Inventories (M/M) Jul: 0.8% (est 0.8%; prev 0.0%; prev R 0.1%)
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Shoe Station Group cuts FY2026 sales outlook
Shoe Station Group reported second-quarter net sales of $284.3 million, down 7.2% year over year, and said it lowered FY2026 guidance to $1.1 billion-$1.111 billion. Management also said it is accelerating inventory liquidation and targeting a $50 million reduction by year-end.
John Wiley reports Q1 2027 Research growth, reaffirms guidance
John Wiley & Sons said Q1 Research publishing revenue rose 12%, while Learning revenue fell 20%. The company reiterated full-year guidance for mid-single-digit organic revenue growth, adjusted EPS of $4.60 to $5.05 and free cash flow of $205 million.
Victoria's Secret Q2 sales rise 10% as guidance increases
Victoria's Secret said Q2 net sales rose 10% year over year, with operating income and EPS above guidance. It raised fiscal 2026 net sales and adjusted net income per diluted share guidance.
Tilly's Q2 2026 net income rises as sales growth extends
Tilly's reported second-quarter net income of $8.4 million, up from $3.2 million a year earlier, while comparable sales rose 12.1% and gross margin improved 300 basis points to 35.5%.
FuelCell Energy reports first data center order, lifts backlog to $3.6 billion
FuelCell Energy said it secured its first order for FuelCell Energy Blocks for data center applications and lifted committed and awarded capacity backlog to $3.6 billion as of July 31.
Ollie's Bargain Outlet Q2 2026 net sales rise 9.1% to $741 million
Ollie's Bargain Outlet reported Q2 net sales of $741 million, up 9.1%, with adjusted EPS rising 43% to $1.42. Comparable store sales fell 1.8% as it updated full-year net sales guidance.
G-III Apparel reports Q2 sales below plan, EPS tops guidance
G-III Apparel reported second-quarter net sales of $554 million, slightly below plan, while non-GAAP EPS came in at $0.26, above guidance of $0.15 to $0.25. Gross margin expanded 440 basis points year over year.
Nasdaq jumps over 400 points as Nvidia lifts sentiment
The CNN Money Fear and Greed index moved to 58, its 'Greed' zone, as U.S. stocks finished higher Thursday. The Nasdaq gained 1.57% after Nvidia rose 8.7% on better-than-expected results and a strong revenue forecast.
Daily Roundup of Key US Economic Data for July 8
() -- May wholesale inventories were revised down to a 0.1% increase from a 0.3% gain in the advance reading. At the same time, wholesale sales increased by 3.4%, much more than expected, led by a price-related surge in petroleum prices. Combined with already released data for the retail and factory levels of distribut