Business
December 04, 2024
1 views 4 mins 0

Shares of American Eagle plunge 13% as company issues weak holiday guidance

Shares of American Eagle plunge 13% as company issues weak holiday guidance

A shopper walks by an American Eagle store on November 21, 2023 in Glendale, California. Justin Sullivan | Getty Images American Eagle shares dropped about 13% in extended trading Wednesday after the company reported third-quarter earnings in which it issued weak holiday guidance and cut its full-year forecast. The company said it’s contending with value-seeking […]

Business
December 03, 2024
1 views 12 mins 0

Dollar stores are struggling to win over bargain hunters — here’s why

Dollar stores are struggling to win over bargain hunters — here’s why

As shoppers look for value, dollar stores might seem to be logical destinations. But that penny-pinching mentality hasn’t been enough to lift sales for Dollar Tree and Dollar General. Shares of the deep discounters have plunged so far in 2024. The retailers have each cut their full-year forecasts because of weaker-than-expected sales. And both have […]