Target Adjusts Outlook as Turnaround Efforts Continue
Target trimmed its 2025 profit outlook due to cautious shoppers and soft demand. Incoming CEO Michael Fiddelke plans a $5 billion investment next year to fuel growth.
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Lowe's Q3: Online Sales Surge Offsets Home Improvement Slowdown
Lowe's (LOW) Q3 2025 earnings show 0.4% comparable sales growth driven by 11% online gains. Company raises full-year sales outlook to $86B despite market headwinds.
Jefferies Upgrades DoorDash to Buy After 20% Pullback
Jefferies upgrades DoorDash to Buy with a new $260 price target, citing stronger growth, underappreciated execution, and improved long-term flexibility.
PDD Holdings Beats Earnings But Warns of Tough Times Ahead
PDD Holdings (PDD) reports 9% revenue growth and beats profit forecasts, but shares fall as company cautions about fierce competition and regulatory challenges affecting its China and Temu businesses.
Callaway Sells Majority Stake in Topgolf for $1.1 Billion
Topgolf Callaway Brands is selling 60% of its Topgolf unit to Leonard Green & Partners (LGP). This deal allows the company to focus on its golf equipment and apparel brands.
Amer Sports Boosts Full-Year Outlook After Strong Q3 Results
Amer Sports raised its 2025 full-year guidance after strong Q3 revenue and earnings growth driven by Arc’teryx, Salomon, Wilson, and Atomic.