The Japanese company that operates 7-Eleven convenience stores has rejected a buyout offer from Alimentation Couche-Tard Inc., saying it ‘grossly’ undervalues the company's value.
Dollar Tree reported disappointing second-quarter earnings and sales, citing pressure on middle- and higher-income customers. The discounter also cut its full-year guidance.
Dick’s Sporting Goods reported a strong second quarter with earnings, sales and comps that topped Wall Street estimates amid growth in transactions and average ticket.