Abercrombie & Fitch hiked its fiscal 2025 profit forecast to 10.20−10.50 after Q3 net sales reached $1.29B. Strong Hollister demand, resilient affluent spending, and an NFL partnership boost success.
Best Buy raises its annual sales and profit outlook after strong Q3 results, boosted by demand for laptops, smartphones, and gaming devices.
Kohl's (KSS) Q3 earnings crush analyst estimates with $0.10 EPS vs expected -$0.18. Revenue hits $3.4B, guidance raised to $1.25-$1.45 for full year.
Alibaba reports 5% revenue growth to $35B, driven by AI development and quick commerce expansion. Cloud revenue up 34% as China tech giant doubles down on artificial intelligence investments.
Rothschild & Co Redburn cuts Estee Lauder to Sell, lowering the price target to $70. Analyst warns that the company’s transformation needs deeper investment, putting margin recovery at risk.
NIO delivers record 87K vehicles in Q3 2025, cuts losses 31% YoY. Margins improve to 3-year high. Q4 guidance is below estimates.
