Tag: Marketwatch

Xponential Fitness Inc. XPOF, -2.06% said Tuesday that it expects 2021 revenue in the range of $147.0 million to $148.5 million and new studios in the range of 230 to 250. The FactSet consensus is for revenue of $148.1 million and 241.5 new studios. For the full year ending Dec. 31, 2021, the company surpassed […]

Urban Outfitters Inc. URBN, -1.84% said Tuesday that holiday season sales for the two-month period ending Dec. 31, 2021 rose 14.6% versus the same period in 2019. Comparable retail sales rose 47% at Free People, 15% at Anthropologie, and 3% at the namesake Urban Outfitters chain. Wholesale net sales fell 18%, primarily due to Free […]

Canadian cannabis company Organigram Holdings Inc. OGI, +6.79% said Tuesday it had a net loss of C$1.305 million ($1.0 million) in its fiscal first quarter to Nov. 30, narrower than the loss of C$34.3 million posted in the year-earlier period. The company did not offer a per-share breakdown in its earnings release. Revenue climbed to […]

Stocks ended mostly lower but well off session lows Monday, with the tech-heavy Nasdaq Composite erasing its early plunge to eke out a small gain. The Nasdaq COMP, +0.05% finished with a gain of around 7 points, or less than 0.1%, near 14,943, according to preliminary figures, after falling as much as 2.7% at its […]

Shares of Big Lots Inc. BIG, -6.70% fell more than 7% in the extended session Monday after the retailer said it has been seeing “softening of traffic and sales trends” in January caused by the spread of the omicron variant of the coronavirus in addition to winter weather. The company said that could lead to […]

Abercrombie & Fitch Co. ANF, -2.53% shares jumped more than 6% late Monday after the retailer said it expects fiscal 2021 net sales to be between 19% and 20% higher than its 2020 net sales of $3.13 billion, and up between 2% and 3% compared with 2019 net sales. Abercrombie tweaked its fiscal 2021 fourth-quarter […]

Peer-to-peer car-sharing company Turo has filed for an initial public offering, according to a filing late Monday. Turo, based in San Francisco, filed to sell up to $100 million worth of shares, although that figure is often a placeholder used to calculate fees. The company plans to list its stock on the New York Stock […]

Facebook parent Meta Platforms Inc. FB, -1.12% is eyeing a reopening of its U.S. campuses on March 28, but it comes with a caveat: Employees who wish to work out of those offices will require a COVID-19 booster shot. “Boosters provide increased protection,” a Meta spokesman told the Wall Street Journal on Monday. “Given the […]

Richard Clarida, the vice chairman of the Federal Reserve, said Monday he will resign on Jan. 14, two weeks before his term was set to end on Jan. 31. Clarida, who was tapped for the Fed by President Donald Trump, was not going to be renominated by the Biden administration. Clarida has become embroiled in […]

Beyond Meat Inc. BYND, -3.09% said Monday that it will become a permanent menu item at Pizza Hut locations across Canada. Beyond Italian Sausage Crumbles will be included on Great Beyond Pizza, Beyond Italian Sausage Alfredo Loaded Flatbread and Beyond Creamy Alfredo. The companies conducted a test in Edmonton and Toronto last summer. Pizza Hut […]