Business

Lowe’s recently released its quarterly earnings report, surpassing Wall Street’s expectations in both earnings per share and revenue. Despite a decrease in sales from the previous year, the home improvement retailer managed to outperform forecasts, unlike its competitor Home Depot. In the three-month period ending on May 3, Lowe’s reported a net income of $1.76
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The recent surge in AMC Entertainment’s stock price, driven by the return of “Roaring Kitty” aka Keith Gill, has sparked speculation about the company’s ability to capitalize on the momentum and potentially improve its financial situation. This resurgence comes on the heels of the massive short squeeze of 2021, which saw AMC shares more than
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The restaurant industry has been experiencing a slowdown in sales and traffic, with companies like McDonald’s and Starbucks facing challenges due to customers seeking deals and good value. However, fast-casual chains like Chipotle Mexican Grill, Wingstop, and Sweetgreen have managed to buck this trend. These chains have reported strong sales, with high-income consumers playing a
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