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Seaport Entertainment Gr Q2 Earnings Call Highlights
MarketBeat41d agoneutral
Seaport Entertainment Gr Q2 Earnings Call Highlights

Seaport Entertainment Gr (NYSE:SEG) reported its first quarter of positive operating EBITDA and positive non-GAAP adjusted net income in the second quarter of 2026, as the company benefited from improved operations, lower corporate costs, the closure of the Tin Building and payments associated with

Fluor Q2 Earnings Call Highlights
MarketBeat42d agoneutral
Fluor Q2 Earnings Call Highlights

Fluor (NYSE:FLR) reported second-quarter revenue of $4.3 billion, up 9% from a year earlier, as strong project execution helped lift adjusted EBITDA to $149 million from $96 million in the prior-year period. Adjusted earnings per share rose to $0.91 from $0.43. The engineering and construction comp

Nike stock could suffer because of JPMorgan verdict
TheStreet44d agoneutral
Nike stock could suffer because of JPMorgan verdict

Nike stock (NKE) has fallen sharply in 2026, and investors have been waiting for signs that CEO Elliott Hill's turnaround plan is working. On Tuesday, Aug. 4, one of Wall Street's most-followed retail analysts said that wait will be longer and more costly than expected. JPMorgan downgraded Nike and ...

Investing.com48d agoneutral
What does the China reset mean for the Nike business?

Investing.com -- Nike Inc’s China operating margins should improve 200 basis points in fiscal 2027 to 24%, well above Wall Street’s forecast of roughly flat margins year-over-year, as the sportswear giant eliminates partner-operated online storefronts and exits discounted wholesale channels, Bernstein analysts said in a recent note.

Sportswear giant continues store closures nationwide
TheStreet57d agoneutral
Sportswear giant continues store closures nationwide

The world's largest sportswear company has accelerated a wave of store closures across the U.S., shutting down roughly a dozen locations in a single month as it works to reshape its retail footprint. The move comes at a time when competition across the athletic apparel industry is intensifying. ...

Ermenegildo Zegna Q2 Earnings Call Highlights
MarketBeat57d agoneutral
Ermenegildo Zegna Q2 Earnings Call Highlights

Ermenegildo Zegna (NYSE:ZGN) reported a sequential acceleration in preliminary second-quarter 2026 revenue, with management citing broad-based strength in its direct-to-consumer business and continued progress in shifting the group toward a retail-first model. Paola Durante, Chief of External Relat

Bloomberg57d agoneutral
US Sets New Forced-Labor Duties as Trump Resurrects Tariff Wall

(Bloomberg) -- The US will collect duties of at least 10% on imports from most major trading partners, its biggest move yet to reconstruct President Donald Trump’s tariff wall that was pierced by the Supreme Court.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandAlphabet Falls as $205 Billion Spending Plan Fuels AI Cost FearTrump’s 100%

LeBron James exposes Nike’s hidden turnaround problem
TheStreet61d agoneutral
LeBron James exposes Nike’s hidden turnaround problem

LeBron James has been helpingNike (NKE) sell basketball sneakers for more than two decades. Now he’s giving the company a harsh diagnosis. Speaking at the CNBC x Boardroom Game Plan Summit, James said Nike needs to reconnect with local communities and listen more closely to consumers if it wants to ...

Giant athletic shoe company retail chain closes locations
TheStreet63d agoneutral
Giant athletic shoe company retail chain closes locations

Nike's restructuring, which it launched in April 2026, has already led to several store closings, layoffs, and an exit from a business partnership. And now the popular sneaker company has closed two more locations on opposite sides of the country as part of its national retail strategy, according ...

7-Eleven sues Nike over Air Max 95 sneakers
Yahoo Finance Video74d agoneutralVIDEO
7-Eleven sues Nike over Air Max 95 sneakers

Yahoo Finance's Brooke DiPalma and Josh Lipton discuss 7-Eleven's federal trademark infringement lawsuit against Nike, which aims to block the unapproved release of an upcoming Air Max 95 sneaker featuring the convenience store's signature tri-color palette on July 11.

Bank of America resets Nike stock target on recovery plan
TheStreet75d agoneutral
Bank of America resets Nike stock target on recovery plan

Nike’s turnaround is showing signs of progress, but not enough for Wall Street to call it a clean comeback. And this is a problem for investors. The athletic giant is still one of the strongest brands in the world, with a major global sports presence and powerful franchises across running, ...

Nike unsteady as new legal fight brews
TheStreet75d agoneutral
Nike unsteady as new legal fight brews

Nike’s stock clawed back most of a steep post-earnings drop this week. Days later, a convenience store chain filed a federal lawsuit trying to block one of Nike’s biggest sneaker launches of the summer. The two storylines are unfolding almost simultaneously, but they have nothing to do with each ...