Shares in the membership-based retailer fell 4.1% on Thursday after a June sales update failed to meet Wall Street’s lofty expectations.
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Delta’s move mirrors what rival airlines are doing, creating more upsells to tempt travelers who want to upgrade.
Under CEO Michelle Gass, who took the top job in 2024, Levi Strauss has pursued a multi-faceted turnaround focused on a DTC model.
General Mills lost $2 billion in its latest quarter, but cost cutting and innovation plans served as investor-luring lucky charms.
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Analysts from Jefferies project that the World Cup tournament will lift industry volumes by 0.3% this year.
The retailer notched its strongest first quarter for same-store sales in four years and its fourth straight quarter of gains.
Oura said this month, it said it should have more than 5 million paid members this quarter, with plans to IPO later this year.
The retailer has now seen year-over-year visit growth for six consecutive months through April, according to data analytics firm Placer.ai.
Surging prices are prompting budget-conscious travelers to second-guess vacation plans while airlines dangle new perks for luxury customers.
Walmart earnings are the retail market equivalent of encyclicals from Rome. The company’s latest guidance warns of slowing growth.
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The reading on the University of Michigan’s consumer sentiment survey has recently plummeted to near all-time lows.