The company earned $277 million, or $3.21 per share excluding one-time costs, on revenue of $2.71 billion. Sales at stores open at least a year rose 20.7%
The retail sector took quite a beating this week as weak numbers from the first quarter weighed on earnings. With consumer spending being relied heavily for economic growth, could this excessive
The soft economy and sluggish consumer activities have biten deeper into earnings of big box stores this quarter. Staples Inc. (SPLS) declined 13 percent to $11.64 a share after reporting
The NCAA is apparently preparing for the worst possible outcome when it comes to the Ed O’Bannon-led class action lawsuit, announcing that it will not renew its contract with Electronic Arts
The repercussions from Lance Armstrong’s lies about blood doping throughout his infamous cycling career rippled a little further today as Nike, Inc. (NKE) said that it will stop making
