Loot boxes and gacha are gambling-like products inside video games that players buy to obtain random rewards. Concerns have been raised about consumers, particularly children, experiencing financial harm and developing gambling problems.
Stronger Consumer Confidence for May helps illustrate some of the positive sentiment the market has gained since tariff delays have been instilled.
Box (BOX) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.39 per share a year ago.
Big box retailers faced pressure this morning, brought mostly through Target's (TGT) earnings miss and widened guidance. TJX Companies (TJX) beat its earnings but its stock didn't see much movement, possibly due to a slight dip in same-store sales.
Andy Silvernail was looking for a business that needed to be transformed in a big way when he agreed to lead the 127-year-old company.
JACK's second-quarter fiscal 2025 results are hurt by dismal same-store sales.
The retail sector is in focus with the earnings releases of big retailers like Walmart, Home Depot, Lowe's and Target lined up.
JACK's second-quarter fiscal 2025 performance is likely to have been hurt by dismal traffic and macroeconomic pressures.
Box office results hit its lowest level in nearly three decades, the movie theater operator said.
It's been a rough past few months for Walt Disney's (DIS 1.83%) film business. For instance, while February's release of Captain America: Brave New World produced a respectable $414 million in ticket sales, that's far from the billion-dollar box office that many Marvel movies have generated.
Jack in the Box announced Wednesday that it will close between 150 and 200 underperforming restaurants as part of a broad restructuring effort, with approximately 80 to 120 restaurants shuttering by December 31, 2025. The remainder will close over time, based on the termination dates of their respective franchise agreements.
The chain is also exploring a sale of it Del Taco brand. Transcript: Fast food chain Jack in the Box has announced it will be closing roughly 10% of its locations, as well as exploring a sale of its Del Taco brand.