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- Indexed articles, last 90 days
- 10
- Latest publication
- Aug 12, 2026
- Outlet visibility, for CNBC
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- Jul 8, 2026
Latest articles
Home Depot CEO taking temporary medical leave, two top execs to run the retailer (opens the original)
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Home Depot CEO Ted Decker is taking a "temporary medical leave of absence" for the next few months and the company has appointed two top deputies to lead until he returns, the retailer announced Wednesday. Ann-Marie Campbell, Home Depot's senior executive vice president of U.S. stores and operations, will oversee day-to-day operations while finance chief Richard McPhail will run financial management and the Pro business, the company said. Lead independent director of the board, Greg Brenneman,
Shein faces existential threat as tariffs hit low-price model, putting new focus on services (opens the original)
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Discount retailer Shein had long argued trade law loopholes weren't the reason for its success. But now that those exemptions are gone, its once meteoric growth has stalled in the U.S. and Europe, posing a threat ahead of its Hong Kong initial public offering. In documents released in connection with its upcoming IPO, Shein blamed a slowdown in U.S. sales on its decision to raise prices to offset the cost of new tariffs as it warned a similar dynamic could come in Europe, its largest market. "S
Peloton posts first-ever annual net profit, but shares drop as outlook disappoints (opens the original)
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Peloton delivered its first full year of net profit and operating income in fiscal 2026, but said it expects sales to fall in the coming fiscal year as it begins to lap price increases on its hardware and subscription plans. Peloton shares tumbled nearly 13% in morning trading Thursday as the outlook disappointed investors. Even so, Peloton CEO Peter Stern highlighted the major strides the company has made in becoming profitable. "This was the year where Peloton sort of grew up," Stern told CNB
E.l.f. Beauty sees $50 million windfall in tariff refunds as profits surge 100% (opens the original)
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E.l.f. Beauty's profits nearly doubled during its fiscal first quarter thanks to a windfall of cash it received in tariff refunds from the federal government, the company said Wednesday. In the three months ended June 30, E.l.f. received about $50 million in tariff refunds, plus some interest payments related to the duties that were struck down by the Supreme Court, leading its net income to grow by about 100% and its gross margin to grow by 14 percentage points compared to the prior year. "Ou
Wayfair stock jumps 30% as retailer posts strongest U.S. growth since 2020 (opens the original)
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Wayfair on Tuesday said it saw its strongest growth in the U.S. and best free cash flow since the pandemic during its second quarter, as the online furniture company continues to take market share from legacy brick-and-mortar retailers. In the three months ended June 30, sales in Wayfair's largest market grew 8.7% to $3.1 billion â the most the region has grown since 2020. That year, the overall home goods industry surged and Wayfair's business grew 55%. The second-quarter sales bump helped
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