: AutoZone’s stock slides 3% after earnings hit by weaker-than-expected March sales
AutoZone’s stock slid 3% Tuesday, after the car-parts retailer beat profit estimates for its fiscal third quarter but sales fell short.
Mohawk Industries’ product mix has been hit by consumers trading down and by new construction outpacing higher-value remodeling.
Strategies including small caps, gold, AI and nuclear energy come into play.
Deckers Outdoor also guided for a 12% sales increase for fiscal 2025.
Key market indicators are breaking down, suggesting weakness ahead for stocks.
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the...
Shares of Phunware Inc. were down more than 35% after the retirement of Chief Executive Mike Snavely from the mobile-advertising company.