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Gap Crushes 4th Quarter Estimates and Signals It Could Beat Trump Tariffs

Gap has exceeded fourth-quarter profit expectations, indicating a strong outlook for 2025 despite challenges posed by tariffs and environmental factors. The company has shown progress in its turnaround strategy, particularly under the leadership of designer Zac Posen, which has revitalized its marketing and product offerings. With diversification in sourcing and positive same-store sales trends across its brands, Gap appears well-positioned for growth in the competitive retail landscape.

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Macy's Fourth Quarter Is Mixed and Its 2025 Outlook Is Tempered by Tariffs and Leery Shoppers Δ1.81

Macy's swung to a profit in the fourth quarter, though sales dipped with shoppers remaining cautious about spending. The company's quarterly earnings surprised Wall Street, but sales fell short of expectations due to uncertainty about consumer spending and new tariffs imposed by President Trump. Despite this, Macy's has been working on modernizing its stores, which appears to be paying off for some of its brands.

Tariffs and Weak Guidance Sink Macy's Earnings Δ1.80

Macy's reported weaker-than-expected sales growth in its fourth quarter, despite beating analyst estimates for earnings per share. The company cited external uncertainties, including tariffs and unseasonable weather, as factors contributing to the softer performance. Investors are now focused on guidance for 2025, which is projected to be lower than last year.

Tariffs Take Toll on Target's Holiday Season Sales and Profits Δ1.80

Target reported strong fourth-quarter profits but warned that tariffs and other costs would put pressure on its earnings in 2025. The retailer beat estimates, however, and shares rose slightly before the opening bell. Despite a decline in sales revenue, comparable sales rose 1.5% during the quarter, higher than the previous quarter's gain.

Target Faces Near-Term Profit Squeeze From Tariffs, Cautious Spending Δ1.80

Target's forecast full-year comparable sales came below estimates after a discount-driven holiday quarter results beat, and said uncertainty around tariffs as well as consumer spending would weigh on first-quarter profits. The company joined Walmart and Best Buy in raising caution about their expectations for the year as sticky inflation and tariffs temper demand. Target expects comparable sales to be flat in the year through January 2026, compared with analysts' average estimate of 1.86% growth.

Best Buy Beats Fourth Quarter Earnings as the Chain Braces for Tariff Impact Δ1.80

Best Buy reported fourth quarter earnings that exceeded Wall Street's expectations, marking a potential turnaround after a three-year decline in sales growth. The company's same-store sales rose by 0.50%, defying predictions of a decrease, driven by strong performance in computing and other categories. Despite the positive results, uncertainty surrounding tariffs and inflation continues to loom over the company's financial outlook for the upcoming fiscal year.

Target Issues Rough First Quarter Profit Warning Due to Trump Tariffs Δ1.79

Target has issued a warning to investors about the impact of Trump tariffs on its first quarter profit, citing ongoing consumer uncertainty and tariff uncertainty as key factors contributing to expected year-over-year profit pressure. The company's sales growth in stores and online lagged behind that of rival Walmart, with Target ramping up price rollbacks and offering expanded grocery assortments. Despite a stronger-than-expected fourth quarter, Target's stock has fallen 9% year-to-date and 21% in the past year.

Best Buy Stock Plunges as the Chain Braces for Tariff Impact Δ1.79

Best Buy's stock faced a significant decline of 14% following the release of its fourth-quarter results, which exceeded expectations but were overshadowed by concerns over the potential impact of tariffs. Despite reporting a 0.5% increase in same-store sales and optimistic guidance for the upcoming fiscal year, analysts highlighted that the uncertainty surrounding tariffs could hinder the retailer's recovery efforts. The company is attempting to leverage a replacement cycle in technology products, particularly as AI innovations emerge, but investor sentiment remains cautious.

Adidas Sets Cautious Tone for 2025 Outlook, Flags Tariff Risk Δ1.79

Adidas has forecast a lower-than-expected operating profit for 2025, citing sales growth that will slow from a strong 2024, and warning of increased volatility due to U.S. tariffs. The company's CEO, Bjorn Gulden, called the guidance "conservative" but noted risks to consumer demand due to inflation and trade tensions. Adidas expects annual revenues to increase at a "high single-digit" rate in currency-neutral terms.

Best Buy Stock Plunges as the Chain Braces for Trump Tariff Impact Δ1.79

Best Buy's stock experienced a significant decline of 13% as investors reacted to the uncertainties surrounding new tariffs imposed on consumer electronics by the Trump administration. CEO Corie Barry highlighted that a substantial portion of the company's products are sourced from China and Mexico, making them particularly vulnerable to these tariffs, which could negatively impact sales growth. Despite a solid 2025 guidance excluding tariffs, the prevailing market anxiety reflects broader concerns over the potential effects of trade policies on retail performance.

Abercrombie & Fitch Stock Gets Pummeled as Retailer Predicts Trump Tariff Hit Δ1.78

Abercrombie & Fitch's shares plummeted more than 16% in early trading on Wednesday, as the company's holiday quarter sales results at its namesake division came in lower than estimates. The company's 2025 guidance also indicated marked slowdowns in sales growth and operating margin expansion, with up to 100 basis points of year-over-year margin pressure potentially tied to Trump tariffs. This move underscores the growing concern among investors about the impact of tariffs on retail stocks.

Target Shares Tank as It Issues Rough First Quarter Profit Warning Due to Trump Tariffs Δ1.78

Target's profit warning is a stark reminder of the toll that Trump tariffs are taking on retailers, and investors are watching with bated breath to see how the company will recover from this setback. The company's decision to move away from providing quarterly guidance is a clear indication that it is struggling to navigate the complexities of tariff uncertainty. As the retail sector grapples with the impact of Trump tariffs, Target's stock is down 15% year to date and off by 27% in the past year.

Business News Roundup Faces Financial Dilemmas, Regulatory Challenges, and Competitive Pressures Δ1.77

Consumer Reports has released its list of the 10 best new cars to buy in 2025, highlighting vehicles with strong road test scores and safety features. The announcement comes as Eli Lilly & Co. is expanding its distribution of weight-loss drug Zepbound at lower prices, while Target is scaling back its DEI efforts amidst declining store visits. Meanwhile, Costco's luxury goods segment continues to grow, and Apple has secured President Trump's backing for its new investment plan.

Inflation Relief Fueling Stock Market Rally Δ1.76

The S&P 500 is experiencing a modest recovery from its year-long slump, with stocks turning higher in early Friday trading as investors breathe a sigh of relief over the potential for inflation relief. The Atlanta Fed's GDPNow forecaster has revised its estimate of first-quarter GDP growth to a 1.5% decline, down from its prior estimate of a 2.3% advance, and Treasury yields have retreated amid President Trump's renewed tariff threats. The market is now looking to close out a difficult month with some modest index gains.

Stock Market Today: Dow, S&P 500, Nasdaq Futures Dip Despite Tariff Relief for Automakers Δ1.76

US stock futures showed little movement following a day of volatility that ended in a rally, primarily influenced by President Donald Trump's temporary halt on tariffs affecting automakers. Despite this temporary relief, broader market uncertainties loom as the 25% duties on Canadian and Mexican imports remain in effect, with additional tariffs set to take effect soon. The upcoming earnings reports from major retailers will likely provide further insights into how ongoing trade tensions may impact the industry.

Wall Street Starts to Rethink Lofty S&P 500 Forecasts for 2025 Δ1.76

For two consecutive years, stock-market prognosticators lifted their outlooks for the S&P 500 Index despite an unrelenting rally, but now most are tempering their bullish calls due to concerns over slowing economic growth and President Trump's tariffs. The rising sense of uncertainty among Wall Street forecasters is showcasing a shift in their thinking as they begin to question the market's trajectory. Historically, strategists' consensus target has typically lagged the actual market's moves by about 60 days.

Macy's Misses Mark on Sales Growth and Warns on Profits as Trump Tariffs Linger Δ1.76

Macy's has reported a fourth-quarter adjusted earnings per share of $1.80, beating analysts' estimates of $1.54, but same-store sales only grew 0.2%, missing the Street's estimate of 1.23% growth. The company's full-year revenue projection of $21 billion to $21.4 billion is below last year's $22.29 billion and misses estimates of $21.66 billion. Investors will be closely watching guidance and earnings call commentary as tariff concerns loom.

Turnaround Efforts at Best Buy Face Uncertainty Amid Tariff Concerns Δ1.76

Best Buy is attempting to turn around a three-year decline in sales growth, but the Street is not convinced the results are coming just yet. Same-store sales is estimated to decrease 1.45% "as a result of macroeconomic stress on spending for discretionary goods, especially big-ticket items," according to Telsey Advisory Group's Joe Feldman. This would be the 13th consecutive quarter of negative same-store sales growth.

The Market's Downward Spiral: Economic Growth Now the Key Driver of Equity Indices Δ1.76

Stocks have struggled to start 2025, with disappointing economic data and fears over President Trump's tariffs weighing on investors. Recent corporate earnings growth has been unable to lift stocks out of their slump, with the S&P 500 essentially flat on the year and about 5% off its all-time high. Strategists argue that a rebound in the economic growth story is key to reversing the recent equity market weakness.

Stock Market Today: S&P 500, Nasdaq, Dow Rally After Trump Pauses Canada, Mexico Auto Tariffs Δ1.76

U.S. stocks experienced a rally on Wednesday following President Trump's announcement of a one-month exemption on auto tariffs for manufacturers in Canada and Mexico, significantly boosting shares of major automakers. The Nasdaq Composite led the gains with a rise of over 1.4%, while the Dow Jones Industrial Average and S&P 500 increased by approximately 1.1%. This temporary relief comes amidst ongoing concerns about the economic impact of tariffs, particularly as recent job market data revealed unexpected slowdowns in employment growth.

Stocks Rebound Amid Tariff Relief Hints Δ1.76

U.S. stocks rebounded on Wednesday as Commerce Secretary Howard Lutnick suggested potential tariff relief for Canada and Mexico, sparking investor optimism. The S&P 500 added 1.1%, while the Nasdaq 100 climbed 1.4%. General Motors' stock surged over 3% in response to Lutnick's remarks, potentially driven by hopes for a compromise "in the middle."

Stock Market Today Pulls Back From Rally Fueled by Tariff Hopes Δ1.76

US stock futures sank on Thursday, pulling back from the previous day's rally as investors weighed how far President Donald Trump is willing to negotiate on tariffs. The Dow Jones Industrial Average futures fell 0.6%, while S&P 500 futures dropped 0.7%. Contracts on the tech-heavy Nasdaq 100 paced the declines, down about 1%. Shares of retail giants Macy's and Kroger will report earnings before the market opens, while Costco and Gap will share their results after the bell.

Morning Bid: S&p500 in Red for 2025 as Trade War Fears Ratchet Δ1.76

The S&P500 index has fallen into negative territory for 2025 amid a broad market selloff led by Nvidia's disappointing earnings, compounded by fears of an economic slowdown and escalating trade tensions. The announcement of new tariffs by President Trump on goods from Mexico, Canada, and China has further rattled investor confidence, leading to declines in both U.S. and global markets. As jobless claims rise and uncertainty over tariffs persists, businesses may face challenges in planning and investment, heightening concerns about economic stability.

Us Economic Growth Slows in Fourth Quarter Δ1.76

The US economy's slowdown in the fourth quarter, with growth slowing from 3.1% to 2.3%, has persisted into early 2024, amid concerns about tariffs and their impact on consumer confidence. The loss of momentum is attributed to factors such as snowstorms, cold temperatures, and unseasonably high prices resulting from tariffs imposed by President Trump's administration. Despite this, the economy remains above the Federal Reserve's non-inflationary growth pace.

Trump Put Looms as S&p Reverses Election Rally, Bofa Says Δ1.76

The S&P 500's reversal of its post-election rally has sparked concerns that President Donald Trump may intervene to support the market, according to Bank of America Corp. strategists. Investors are watching for signs of government intervention as the benchmark has slipped almost 3% this month on worries about Trump's proposed tariffs. The benchmark is now just about 1% from its closing level of 5,783 points on November 5, the day of the Presidential election.