Lululemon beat Wall Street expectations for fiscal first-quarter earnings, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."
Lululemon beat Wall Street expectations for fiscal first-quarter earnings, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."
Inflation in Russia hit 8.3% in the first quarter of the year, with the effects of the war in Ukraine continuing to be felt in the economy.
Expectations were high coming into Thursday's earnings release, so the stock's pullback is hardly a surprise.
Broadcom’s artificial intelligence business is at the center of the company’s recent boom.
Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in layoffs.
Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in layoffs.
The big-box retailer has already tested drone deliveries in Arkansas and expanded them in the Dallas-Forth Worth area.
Economists expect that when the Bureau ofLabor Statistics reports the May nonfarm payrolls numbers, they will show a gain of just 125,000.
The company also boosted its share buyback plan by $800 million to $1 billion.