10 Reasons to Buy Airbnb Stock Now
The home-sharing stock could soar next year.Airbnb (ABNB 3.30%) has transformed the travel industry. Just a decade ago, the home-sharing platform was a little-known fringe concept, but today the idea of renting a stranger’s home has gone mainstream. For many travelers, staying at an Airbnb has replaced hotels, and millions of people supplement their income…
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Abercrombie sees better holiday-quarter sales, posts surprise profit
Abercrombie & Fitch Co (ANF.N) said on Tuesday it was “cautiously optimistic” about the holiday season and forecast a smaller-than-expected drop in current-quarter sales after resilient demand led to a surprise quarterly profit. The Ohio-based apparel retailer’s shares that have lost nearly half of their value this year were up about 19% after the company…
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How 6 restaurant giants are hiking menu prices
Prices have been climbing on restaurant menu boards for much of the year to offset spikes in food and labor costs, but that doesn’t mean diners are used to the strain on their wallets. As a result, major restaurant chains are walking a tightrope — charge enough to protect the bottom line without alienating customers…
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Apple’s bargain with Beijing: access to China’s factories – and consumers
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Norwegian Cruise bets on rich Americans to navigate downturn
Norwegian Cruise Line Holdings Ltd (NCLH.N) said its wealthy travelers would help the U.S. liner ride out an economic downturn after better-than-expected quarterly results lifted its shares 7%. The Miami, Florida-based cruise operator said despite mounting concerns over a recession in the United States, it has not seen any pullback from its customer base of…
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Boot Barn says its store expansion strategy is paying off
Boot Barn says it propelled sales forward thanks to store expansion — even as digital channels face headwinds. On Wednesday, the western and work-wear apparel retailer announced it opened 10 stores during the second quarter of its 2023 fiscal year — including expansion into New Jersey and Delaware — bringing its total number of locations to 321. The…
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