Investing.com -- Wells Fargo on Friday reshuffled its ratings across the U.S. apparel and retail sector, upgrading Victoria’s Secret and downgrading Nike and Deckers, arguing that the rapid adoption of GLP-1 weight-loss drugs is impacting consumer spending in ways that favor clothing over footwear and athletic wear.
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Investing.com95d agoneutral
Wells Fargo upgrades one, cuts two apparel stocks in sector reshuffleZacks96d agobullish
McDonald's Q1 Earnings Beat Estimates on Global Comps GainMCD beats Q1 2026 estimates as global comps rise 3.8% and systemwide sales top $34B, with loyalty sales exceeding $9B across 70 markets.
The Wall Street Journal98d agoneutral
Victoria’s Secret Rebukes Major Shareholder in Proxy FightVictoria’s Secret accused one of its largest shareholders of pursuing a proxy fight after being denied a board seat, calling the effort a distracting campaign.