vans

Snap Reports First Quarter 2020 Financial Results

Snap Reports First Quarter 2020 Financial Results

Snap Inc. (NYSE: SNAP) announced Tuesday financial results for the quarter ended March 31, 2020. The Company indicates that revenue increased 44% to $462 million in Q1 2020, compared to the prior year. And net loss improved $4 million to $(306) mill..

VF Corp Shares Jump On Boosted Outlook

VF Corp Shares Jump On Boosted Outlook

Shares of VF Corp. (NYSE: VFC) jumped 14% on Friday after reporting strong growth in its Vans brand and boosting its outlook for the fiscal year - but the government shutdown could delay the spinoff of its struggling denim brands."VF's thir..

Snap’s Investment in Spectacles backfires

Snap’s Investment in Spectacles backfires

Snap Inc. (NYSE: SNAP) overestimated the amount of sales for the Spectacles. Now, the company is backed up with over hundreds of thousands of unsold Spectacles just sitting in a warehouse waiting to be bought, first reported by The Information...

Snapchat sells 150,000 Spectacles; is it enough to recover?

Snapchat sells 150,000 Spectacles; is it enough to recover?

Snap Inc.’s (NYSE: SNAP) CEO, Evan Spiegel, said on Tuesday that the company has sold approximately 150,000 of its camera glasses or Spectacles. Spiegel delivered the announcement in a conversation with Walter Isaacson, president and CEO of th..