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News
Costco Q4FY27 Results: Net sales rise 11.3% to $93.9 billion
1+ week, 4+ day ago (613+ words) Costco Wholesale Corporation (NASDAQ: COST) reported a robust top-line performance for its 16-week fourth quarter ended August 30, 2026. The warehouse retailer logged net sales of $93.9 billion, marking an 11.3% increase from the $84.4 billion recorded in the same period last year. For the…...
GameStop boosts eBay stake to 9.8% in continued pursuit
2+ week, 4+ hour ago (193+ words) GameStop Corp. has increased its stake in eBay Inc. to 9.8%, acquiring 43.4 million shares, including purchases worth $381.3 million in mid-June. This move follows a rejected $56 billion non-binding proposal to acquire eBay for $125 per share. CEO Ryan Cohen continues to pursue the…...
GameStop stock rises on debt swap, eBay acquisition speculation
2+ week, 4+ day ago (549+ words) GameStop Corp (NYSE: GME) shares traded slightly higher Thursday afternoon, gaining 1.02% to $18.16. The movement follows investor assessment of a major debt conversion and ongoing speculation regarding its proposed $55.5 billion acquisition of eBay. The stock remains near its 52-week low of…...
GameStop Q2FY26 net profit rises 72% to $310M on eBay gains
2+ week, 6+ hour ago (634+ words) GameStop Corp. (NYSE: GME) reported preliminary unaudited financial results for the second quarter ended August 1, 2026, showing a significant increase in net income driven by gains from its investment portfolio. The company expects net income to range between $290 million and $310 million,…...
Kohl's Q2FY26 Results: Adjusted EPS beats at $1.28, sales fall 0.9%
2+ week, 4+ day ago (444+ words) Kohl's Corporation (NYSE: KSS) reported second-quarter adjusted earnings of $1.28 per share, significantly beating the consensus estimate of 57 cents. Despite the profit beat, net sales declined 0.9% year-over-year to $3.32 billion, reflecting persistent pressure from inflation on core customers. The retailer raised its…...
Dachepalli Publishers doubles school base for e-commerce vertical
2+ week, 5+ day ago (462+ words) Dachepalli Publishers Limited announced on August 26, 2026, that it has expanded its e-commerce vertical, Pelican Edu Supply, to approximately 100 schools. This represents a 100% increase in the school base from the previous financial year. The company confirmed that all 50 schools serviced in…...
Freedom Holding partners with Antom to simplify China online shopping
2+ week, 6+ day ago (267+ words) Gary Liu, CEO of Antom and Senior Vice President of Ant International, highlighted the shared commitment to making cross-border commerce accessible through trusted local payment experiences. He added that enabling Freedom Bank SuperApp users to shop on Chinese platforms unlocks…...