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Block, PayPal, Carvana, Twilio and more

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Analysts polled by Refinitiv were forecasting earnings of 23 cents per share on revenue of $4.49 PayPal reported earnings that surpassed profit and sales expectations. Coinbase — Shares popped 4% in extended trading after reporting better-than-expected user numbers , even as Coinbase reported a miss on profit and sales expectations.

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Modell’s Brings On Advisers Amid Slumping Sales, Online Competition

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To recover following a lackluster display over the holidays, Modell’s Sporting Goods has brought on a series of advisers with the inclusion of a chief restructuring officer. The retail chain has encountered slumping sales and a competitive field from eCommerce, as well as big-box retailers, The Wall Street Journal reported.

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Under Armour Cautiously Plans Future Amid Slumping Sales

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The earnings numbers are in for Under Armour, and it’s not exactly what the sports apparel retailer was hoping for. Following this restructuring plan, Under Armour is also reworking its sales forecast outlook for the remainder of 2017.

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Amazon Prime Day Part 1: The 'Amazon Effect' Goes Into Overdrive For Holiday 2020

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Usually hosted in early July, Prime Day was conceived to give consumers a reason to go shopping during the dog days of summer when retail sales generally hit their lowest point of the year. Last year, Amazon reported its best overall sales day ever with $6.93 billion in sales generated globally and $4.32 billion in the U.S.

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Macy’s Touts A Turnaround After Q4 Earnings Beat

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25) with an unexpected beat on earnings, gaining a boost from late holiday season sales strength. By the numbers, it does look like Macy’s , for everything that didn’t go right in 2019, did manage to stick the landing pretty solidly. billion forecasted by analysts. Revenue also edged in a bit higher than expected, at $8.34

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Walmart Shares Up Across The Board On Big Earnings Beats

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The planet’s largest retailer by sales crushed their way through Q2, with bigger than expected gains in revenue, earnings, same-store sales and eCommerce sales than analysts were predicting before the numbers hit the wires. percent to $128 billion, ahead of analyst forecasts of $125.9 That picked up 4.5

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Four Things Walmart’s Strong Earnings Say About Retailing To A Pandemic World

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While businesses nationwide have seen their doors close and revenues drop to near zero, Walmart reported that its sales surged as consumers flocked to its stores and website to stock up for an extended period of social distancing. Same-store sales expanded 10 percent year on year, well ahead of both the 7.2 percent forecast and the 1.9

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