
Abercrombie & Fitch reported strong performance in its third quarter, achieving double-digit sales growth for the sixth consecutive period and raising its full-year guidance. In contrast, Best Buy faced challenges, cutting its full-year revenue forecast to $9.45 billion from $9.63 billion and reporting earnings per share of $1.26, below the expected $1.29. This marked a significant setback as the company missed quarterly revenue expectations amid weak electronics demand, leading to a decline in shares. Best Buy's same-store sales have fallen for the twelfth consecutive quarter, reflecting ongoing struggles in the retail sector. Meanwhile, HP Inc. reported mixed quarterly results, with earnings aligning with projections but profit guidance for the upcoming quarter falling short due to sluggish demand in the personal computer market.




HP Inc. CEO @EnriqueJLores joins @BrianSozzi to discuss the company's latest earnings: https://t.co/4Q60SoYnR1
🇺🇸 Abercrombie & Fitch Raises Full-Year Guidance on Strong 3Q and Names Next Finance Chief https://t.co/i5lOhs3hwn
HP se hunde en bolsa tras decepcionar con sus previsiones trimestrales https://t.co/5pfCMI3whf