Urban Outfitters, BJ's Wholesale, Williams-Sonoma: Earnings movers
Morning Brief hosts Seana Smith and Brad Smith analyze the top trending tickers within the retail sector.
Urban Outfitters (URBN) stock is under pressure after the company missed same-store sales estimates in its latest quarterly report. In response, the apparel maker has announced plans to explore promotional initiatives to reinvigorate foot traffic.
BJ's Wholesale Club (BJ) shares are declining, even after posting a second quarter earnings beat. The stock fall is attributed to the company's soft fiscal 2025 guidance, which has weighed on investor confidence.
Williams-Sonoma (WSM) shares are plummeting after the company reported second quarter revenue that fell short of expectations. Adding to the negative sentiment, the company has lowered its full-year guidance.
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
This post was written by Angel Smith