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Posts Tagged ‘Retail’

This is How Post Malone Helped Crocs Shares Soar

When one hears about Post Malone, whose real name is Austin Richard Post, they think rapper mostly. Little do some know that he also is a big fan of Crocs shoes and has designed a pair himself that sold out in ten minutes. His signature-edition Crocs—a.k.a. the Posty Crocs, are a Croc clog that have…

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Kelloggs Sees its Worst Day of Trading in Almost Twenty Years

Shares of Kelloggs were crashing after the company reported its third quarter financial results and slashed its 2018 outlook. The stock saw its biggest daily loss in almost twenty years despite reporting good results but scaring investors with its guidance. For the third quarter, the company reported net income of $380 million, or $1.09 a…

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Under Armour Soars on Third Quarter Results but Nike is Still a Threat

Sport apparel company Under Armour was seeing its shares pop after the company reported third quarter results. Under Armour was up nearly 25% after reporting third quarter revenue of $1.443 billion while analysts were expecting $1.41 billion. Net income for the quarter also jumped 40% to hit $75.3 million, or 17 cents a share. Earnings…

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