All articles tagged with #us retail
Walmart reported $187.94 billion in quarterly revenue and a stronger top line, but US comparable sales grew at the slowest pace in six years, prompting a cautious guidance: third-quarter earnings of 62–64 cents per share and 3%–3.5% sales growth, with full-year earnings per share of $2.80–$2.87 and sales rising 4%–5%, below current analyst consensus.
Starbucks reported a 4% rise in US same-store sales for the three months to December—the first increase in two years—as it pursues a 'Back to Starbucks' turnaround. Footfall rose 3% and average spend rose 1%, while revenue climbed 6% to $9.9bn but net profit fell 62% to $293.3m due to higher labour and input costs. The company plans to spend $500m this year to add staff, closed underperforming cafés, and opened a net 128 stores, as it refines its store experience ahead of investor day and reiterates a 3%+ comps target for the year.
GameStop is shuttering about 410 US locations (with 11 more planned) as part of a broad cost-cutting plan, extending a trend of store reductions and international downsizing noted in its December 2025 SEC filing; the move comes as the retailer continues to redefine its strategy after a 2021 market surge and amid failed NFT/crypto pivots. The filing also mentions a potential payout of up to $35 billion in stock options to CEO Ryan Cohen if GameStop hits a $100 billion market cap.
Major U.S. online retailers have removed millions of listings for prohibited Chinese electronics, including devices from Huawei, ZTE, and Hikvision, as part of the FCC's ongoing efforts to address national security concerns related to Chinese technology. The FCC is tightening restrictions and planning to prohibit the sale of certain Chinese-made telecommunications equipment to prevent potential surveillance and disruptions, reflecting escalating tensions between the U.S. and China.
Lululemon's shares plunged 15% after reporting a slowdown in US store traffic and issuing a weaker-than-expected revenue outlook for the first quarter and full year. The company cited softness in US consumer demand, leading to a lower growth forecast of 11% to 12%, down from 19% the previous year. Despite this, analysts anticipate that Lululemon will surpass its conservative guidance, especially with plans for new products, expansion in China, and a focus on men's apparel and international markets.