[ad_1] Latinos are the second largest demographic population in the United States, but they are vastly underrepresented on corporate boards, according to a new report by the Latino Corporate Directors Association. “Sixty-five percent of Fortune 1000 companies lack Latinos, and Latinos are seeing the least growth of any other group,” …
Read More »Costco isn’t raising membership fees after earnings beat expectations
[ad_1] Shoppers wait in a check-out line at a Costco wholesale store in Orlando, Florida. Paul Hennessy | Sopa Images | Lightrocket | Getty Images Costco is still holding off on raising its membership fees after reporting fiscal fourth quarter results that beat expectations. The retailer typically raises fees around …
Read More »Costco's quarterly results indicate the retailer is thriving despite high inflation
[ad_1] Costco shares were trading lower after-hours in reaction to the slight quarterly beats, but that’s typical. [ad_2] Source link
Read More »FedEx (FDX) reports Q1 earnings
[ad_1] A person walks by a FedEx van in New York City, May 9, 2022. Andrew Kelly | Reuters FedEx on Thursday announced rate hikes and detailed its cost-cutting efforts after the shipping giant warned last week that its fiscal first quarter results were hit by weakening global demand. Shares …
Read More »What to expect when Costco reports earnings after the closing bell Thursday
[ad_1] Retail powerhouse Costco, which is set to release strong fiscal fourth-quarter results on Thursday, remains a top Club pick. [ad_2] Source link
Read More »Darden Restaurants (DRI) Q1 2023 earnings
[ad_1] An order of breadsticks from a Darden Restaurants Inc. Olive Garden Getty Images Darden Restaurants on Thursday reported mixed quarterly results but stood by its outlook for fiscal 2023, predicting inflation will cool in coming quarters. The parent company of Olive Garden and LongHorn Steakhouse said net sales for …
Read More »Bed Bath & Beyond merchandise problems could cripple turnaround plan
[ad_1] A person exits a Bed Bath & Beyond store in New York City, June 29, 2022. Andrew Kelly | Reuters Bed Bath & Beyond is betting on a drastic change in strategy and well-recognized brands to revive its struggling business. But the retailer’s strained relationships with suppliers of products …
Read More »Activist investor pushes Kohl’s to oust its CEO and chairman
[ad_1] Michelle Gass Chris Ratcliffe | Bloomberg | Getty Images Activist investor Ancora Holdings is pushing to remove Kohl’s chief executive and chairman, according to a report from Reuters. Ancora sent a letter to the board on Thursday asking for the replacement of CEO Michelle Gass and Chairman Peter Boneparth. …
Read More »Why Target Canada could not beat Walmart, Costco and Giant Tiger
[ad_1] Target’s entry into the Canadian market in 2013 was its first foray in international expansion. A combination of extensive renovation needs, a flawed merchandising system, tight time frame and inadequate leadership were some of the reasons the big-box retailer decided to close all 133 stores in the country in …
Read More »Twitch announces ban on unlicensed gambling livestreams after backlash
[ad_1] Twitch logo displayed on a laptop screen and a gamepad are seen in this illustration photo taken in Krakow, Poland on August 23, 2022. Jakub Porzycki | Nurphoto | Getty Images Twitch said it is planning to ban the streaming of certain crypto gambling websites in an effort to …
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