Financial News

  • A Home Depot storefront in Oxon Hill, Maryland on June 22, 2024.
    Image attribution tooltip
    Neal McNeil via Getty Images
    Image attribution tooltip

    Home Depot sales up nearly 5% in Q2, reaffirms full-year outlook

    The home improvement retailer notched a 1% comp sales gain, below analysts’ estimates, as consumers take on fewer large discretionary projects.

    By • Aug. 19, 2025
  • A Hoka storefront in Los Angeles
    Image attribution tooltip
    Cara Salpini/Retail Dive
    Image attribution tooltip

    Active footwear a bright spot in the first half of the year

    Nevertheless, a Circana report found U.S. footwear sales fell 1% from January to June, with the fashion and outdoor categories leading the declines.

    By • Aug. 19, 2025
  • People running wearing Brooks shoes.
    Image attribution tooltip
    Courtesy of Brooks Running
    Image attribution tooltip

    Brooks Running global revenue up nearly 20% in Q2

    The privately held brand is seeing sales gains, including among U.S. and Canadian customers, at a particularly volatile time for the footwear industry.

    By Tatiana Walk-Morris • Aug. 18, 2025
  • White clouds hover over a Bed Bath & Beyond store, a leafy tree in front on the left.
    Image attribution tooltip
    Daphne Howland/Retail Dive
    Image attribution tooltip

    Beyond rebrands to Bed Bath & Beyond

    The parent company is taking on the name of one its brands at a corporate level and changing its trading symbol back to BBBY.

    By • Aug. 18, 2025
  • A Walmart storefront showcases its refreshed brand identity, with a new typeface and the spark logo set apart as a standalone asset.
    Image attribution tooltip
    Permission granted by Walmart
    Image attribution tooltip
    Column

    The Weekly Closeout: Walmart settles $5.6M lawsuit, Target drops Halloween assortment

    The consumer protection lawsuit alleged the mass retailer overcharged customers, while products from Target's spooky collection start at $1.

    By Retail Dive Staff • Aug. 15, 2025
  • A store's mall entrance, with a plant in the foreground.
    Image attribution tooltip
    Courtesy of Dillard's
    Image attribution tooltip

    Dillard’s notches surprise Q2 sales gain, profits dip

    Revenue rose just 1%, but that surpassed analyst expectations. Is that good news for other department stores?

    By • Aug. 15, 2025
  • A brick building displays two windows with "Birkenstock" above them and a front door.
    Image attribution tooltip
    Courtesy of Birkenstock
    Image attribution tooltip

    Wholesale, back to school propel Birkenstock in Q3

    Executives called tariffs “manageable” with a mix of price hikes, production efficiency and vendor negotiations, among other moves.

    By • Aug. 14, 2025
  • The exterior of Gildan Activewear's headquarters
    Image attribution tooltip
    Courtesy of Gildan
    Image attribution tooltip

    Gildan Activewear to buy HanesBrands for $2.2B

    The deal would nearly double Gildan’s revenue, but there could be antitrust hurdles because both companies sell underwear, hosiery and shirts.

    By Laurel Deppen • Aug. 13, 2025
  • Actress Zendaya posing on white sandy floor wearing black jacket, tank top and athletic sneakers
    Image attribution tooltip
    Courtesy of On's Q2 2025 image library
    Image attribution tooltip

    On raises full-year outlook, shrugs off tariff impact

    Currency changes challenged the Swiss brand in Q2, but net sales still rose with direct to consumer leading the way.

    By • Aug. 12, 2025
  • Funko Pop! bobble-heads are displayed on shelves
    Image attribution tooltip
    Paul Butterfield via Getty Images
    Image attribution tooltip

    Funko turns to layoffs, price increases to battle tariffs

    The company swung to a $41 million loss in the second quarter and saw sales plummet 22%, but forecasts an upswing in the second half of the year.

    By • Aug. 12, 2025
  • A sneaker is on display for sale.
    Image attribution tooltip
    Laurel Deppen/Retail Dive
    Image attribution tooltip

    Skechers releases Q2 revenue results ahead of planned go-private deal

    A shareholder lawsuit filed to stop the $9.4 billion deal was withdrawn, paving the way for the merger to close this quarter.

    By Laurel Deppen • Aug. 12, 2025
  • A person wearing blue jeans and yellow socks deals with two big cardboard boxes with green lettering.
    Image attribution tooltip
    Courtesy of Grove Collaborative
    Image attribution tooltip

    Grove Collaborative to review strategic options as Q2 revenue declines

    The company will create a working group after a shareholder pushed for a review of strategic initiatives, including a possible sale.

    By • Aug. 11, 2025
  • A Bed Bath & Beyond sign against a blue sky with puffy white clouds.
    Image attribution tooltip
    Daphne Howland/Retail Dive
    Image attribution tooltip

    5 of retail’s most impactful deals in 2025

    From Skechers selling itself to numerous moves in the Beyond Inc. saga, here’s a look at the top deals during the first half of the year.

    By • Aug. 11, 2025
  • Exterior of an Allbirds store in Washington, D.C.'s Georgetown neighborhood
    Image attribution tooltip
    Caroline Jansen/Retail Dive
    Image attribution tooltip

    Allbirds expects to lose some momentum in Q3, lowers full-year guidance

    Tariffs and store closures are clouding the brand's progress, and a lot is riding on the fourth quarter.

    By • Aug. 8, 2025
  • People walk past an Under Armour storefront with mannequins in athleticwear on display.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    Tariffs will halve Under Armour’s profitability this year

    The retailer now anticipates an additional $100 million in tariff-related costs, even as it works to mitigate the impact of the levies.

    By • Aug. 8, 2025
  • A person walks by a Peloton store while wheeling a stroller.
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    Peloton to shrink workforce by 6% in cost-cutting effort

    The fitness company told its shareholders that operating expenses “remain too high, which hinders our ability to invest in our future.”

    By Alexei Alexis • Aug. 8, 2025
  • A Crocs storefront
    Image attribution tooltip
    "Crocs International Mall" by Phillip Pessar is licensed under CC BY 2.0
    Image attribution tooltip
    Column

    The Weekly Closeout: The ‘big shock’ at Crocs and a challenge for Dick’s Foot Locker deal

    The foam footwear brand projects double-digit declines. Meanwhile, Sen. Elizabeth Warren asked the FTC to “closely scrutinize” the merger.

    By Retail Dive Staff • Aug. 8, 2025
  • A graphic mural on the side of a Warby Parker depicts three colorful silhouettes of people with eyeglasses against an azure background.
    Image attribution tooltip
    Courtesy of Warby Parker
    Image attribution tooltip

    Warby Parker to end home try-on program as it focuses on stores, digital experience

    The eyewear company said the vast majority of the program’s users live within 30 minutes of one of the retailer’s 300 stores.

    By • Aug. 7, 2025
  • The name "claire's" in lowercase block letters adorns the gray, corrugated-metal side as well as the slatted-wood front of a storefront overhang.
    Image attribution tooltip
    Daphne Howland/Retail Dive
    Image attribution tooltip

    Why Claire’s is closing 700 US stores, mulling liquidation

    If a buyer doesn’t come forward, and some analysts doubt any will, the retailer is prepared to wind down its operations in North America.

    By • Aug. 7, 2025
  • A 3-D art display of Hello Kitty atop a Claire's store for the character's 50th anniversary.
    Image attribution tooltip
    Courtesy of Claire's, Hello Kitty
    Image attribution tooltip

    Claire’s files Chapter 11 with 18 stores slated to close

    The retailer has struggled since its 2018 bankruptcy and isn’t well positioned for tariffs and other economic headwinds, analysts said.

    By • Aug. 6, 2025
  • The exterior of a big box home goods store
    Image attribution tooltip
    Permission granted by JT Magen
    Image attribution tooltip

    Wayfair posts first quarterly profit in 4 years

    Executives called Q2 “a resounding success” and highlighted that its marketplace model is able to keep prices consistent despite tariffs.

    By • Aug. 5, 2025
  • Canada Goose storefront in Las Vegas.
    Image attribution tooltip
    Courtesy of Canada Goose
    Image attribution tooltip

    Canada Goose monitors US trade policy as revenue improves

    The retailer declined to provide guidance in the face of a shifting tariff environment, but notched sales growth in North America.

    By • Aug. 4, 2025
  • The upper section of a glass office building with a large sign reading “aws” and an orange curved line below the text. The building is set against a bright blue sky.
    Image attribution tooltip
    Alamy
    Image attribution tooltip

    Amazon’s other businesses continue to outpace retail

    The e-commerce giant in Q2 gained more revenue from advertising, seller services and subscriptions, and that's without its massive AWS cloud unit.

    By • Aug. 1, 2025
  • Perfect Corp adds contactless virtual makeup try on features.
    Image attribution tooltip
    Courtesy of Perfect Corp.
    Image attribution tooltip

    Perfect Corp. AI, AR subscriptions drive revenue growth

    The company, which specializes in virtual try-on tech, attributes the growth to the demand for generative AI, among other factors.

    By • July 31, 2025
  • Etsy screenshots of its AI browseable tool
    Image attribution tooltip
    Courtesy of Etsy
    Image attribution tooltip

    Etsy bets on its app as declines persist

    The company’s ranking model has lost steam, so it is retooling its platform to leverage large language models and generative AI.

    By • July 31, 2025