Gap Inc

Ulta Beauty store.Scott Mlyn | CNBCCheck out the companies making headlines in midday trading Friday.Ulta Beauty — The beauty retailer surged 10% following better-than-expected quarterly earnings and revenue. Ulta Beauty also shared a better-than-expected outlook for the full year.American Eagle — The stock dropped 4.2% after the retailer posted weaker-than-expected quarterly revenue. American Eagle reported $1.055 billion in revenue versus the Refinitiv consensus estimate of $1.142 billion.Autodesk — Shares surged nearly…

A Nordstrom employee fixes a floral dress on a mannequin in one of the retailer's department stores.Ben Nelms | Bloomberg | Getty ImagesOut with sweatpants, in with blazers, lipstick and eye-popping prints on dresses.Americans are sprucing up their wardrobes and spending more on dressier clothing, makeup and accessories as they start going out more and venturing back to offices. The trend is particularly pronounced among higher-income shoppers who are eager to splurge on such items again, even amid soaring inflation and…

Check out the companies making headlines before the bell:Big Lots (BIG) – The discount retailer's shares tumbled 21.2% in the premarket after missing Wall Street forecasts for quarterly earnings and revenue. The company also reported a larger-than-expected slump in comparable-store sales and issued cautious full-year guidance, saying inflationary pressures reduce discretionary spending.Hibbett (HIBB) – The sporting goods retailer's stock slid 6.5% in premarket trading after falling short of analysts' profit and sales…

Gap Inc. on Thursday slashed its profit guidance for the full year as it reported a decline in fiscal first-quarter sales, which were dragged down by its Old Navy business.Shares fell more than 10% after hours, after closing the day up 4%.An imbalanced mix of clothing sizes, ongoing inventory delays and an uptick in price-lowering promotions put a dent in Old Navy's performance during the quarter.The lower-income consumer, which is Old Navy's target customer, is starting to feel pinched by inflation, Chief Executive…

People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City.Mike Segar | ReutersCheck out the companies making headlines in midday trading.JPMorgan Chase – JPMorgan rose 6.2% after the bank said it expects to reach key return targets sooner than planned thanks to rising interest rates giving its lending business a boost. Other banks were also among the top gainers Monday. Citi and Bank of America got a 6% boost each, and Wells Fargo added 5%. Banks tend to benefit from…

How well is the American consumer holding up against sky-high inflation? It depends on whom you ask.Four major retailers — Walmart, Target, Home Depot and Lowe's — reported quarterly financial results this week, and they each offered a different perspective on where and how people are spending their money.Walmart said some of its more price-sensitive customers are beginning to trade down to private-label brands, while Home Depot emphasized the resiliency among its customer base, a sizable percentage of which is…