Stitch Fix (SFIX) reports second quarter fiscal 2020 sales miss

Stitch Fix (SFIX) reports second quarter fiscal 2020 sales miss

Katrina Lake, CEO of Stitch Fix Adam Jeffery | CNBC Stitch Fix shares tumbled more than 25% Monday after the personal styling service reported quarterly sales that missed analysts’ estimates and issued a disappointing outlook for the current quarter and full...
Walmart’s shares up as coronavirus rattles Wall Street

Walmart’s shares up as coronavirus rattles Wall Street

A worker walks past the Pharmacy in a Walmart store in Chicago. John Gress/Corbis via Getty Images As coronavirus concerns rattle Wall Street, Walmart’s stock is going the other direction. Its share price rose about 2%. The upward trend may indicate that Wall...
Retailers must ‘fully commit to off-price or online’ to win

Retailers must ‘fully commit to off-price or online’ to win

CNBC’s Jim Cramer on Thursday broke down the quarterly reports for Burlington Stores and Kohl’s department chains, doubling down on his investment thesis about the retail sector. “You need to be off-price or online” to win in retail, the...