Nike's stock price surged after the company shared its fiscal fourth-quarter results. The sportswear leader saw a 12% drop in revenue compared to last year, but it still managed to exceed what analysts had predicted. The company's profit also took a hit, falling to $211 million from $1. 5 billion the previous year. However, this was still better than what experts had...

Nike's shares got a big boost recently, jumping over 10% after hours. This happened even though the company reported some of its worst results in years. Investors seem hopeful that Nike's new plans might finally start working. The company's CEO, Elliott Hill, came back from retirement to lead Nike. He talked about new strategies, like focusing more on sports product...

Walgreens recently surprised Wall Street with better-than-expected financial results for the first quarter of the fiscal year. Despite a $265 million loss, the drugstore chain is working hard to rebuild its business. They're closing stores, trying to fix prescription reimbursement issues, and battling rising costs. The company has already shut down around a thousand ...

Starbucks has announced the retirement of its North America CEO, Michael Conway, after just five months in the role. This surprise move comes as the company is working to revamp its operations in the face of dwindling demand for its pricey lattes in the US market. The decision has left many wondering what this means for the company's future. "What's behind this sudd...

The world where favorite video game store is now a relic of the past is no longer hypothetical scenario. GameStop, once ubiquitous video game retailer, is facing a very real crisis. The company's recent earnings report revealed a staggering 31% revenue decline; a stark reminder of the seismic shift in the gaming industry. The shift to digital game downloads has left ...