CarMax Shares Slide as Used Car Sales Slow and Carvana Gains Ground
CarMax shares drop sharply after weak used car sales, shrinking profits, and rising pressure from fast-growing rival Carvana.
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Birkenstock Warns of Slower Growth as Tariffs and Dollar Weigh on Margins
Birkenstock forecasts reduced profit margins and slower sales growth for FY2026, citing US tariff pressures and unfavorable currency headwinds despite strong Q4 performance.
Baird Turns Bullish on Rivian as R2 Launch Nears
Baird upgrades Rivian stock to Outperform, raises its price target to $25, and highlights the R2 launch and autonomy progress as key growth drivers.
Elliott Invests $1B in Lululemon, Eyes New CEO
Activist investor Elliott Management acquires over $1 billion stake in Lululemon and proposes retail veteran Jane Nielsen as potential CEO to help turn around the struggling athletic wear brand.
Lennar's Q1 Home Order Forecast Misses Estimates Amid Market Pressures
Lennar Corp. projects lower-than-expected first quarter home orders as affordability issues and job market weakness keep buyers hesitant. Shares declined in after-hours trading.
The Children's Place Reports Major Q3 2025 Loss, Missing Expectations
The Children’s Place reported dismal third-quarter results, posting a major loss, missing revenue targets, and struggling with failing e-commerce performance and mounting tariff costs.