Best Buy Co. reported a decline in its first-quarter income and revenue, and, similar to many other retailers, cut its full-year outlook.
“We are updating our full year guidance to incorporate the impact of tariffs,” Best Buy CFO Matt Bilunas stated in the earnings release.
Best Buy cuts full-year profit and sales guidance amid volatile tariff landscape | Chain Store Age
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The United States Postal Service reported new delivery performance metrics for the thirteenth week of the first quarter for fiscal year 2024. The average time for the Postal Service to deliver a mailpiece or package across the nation was 2.7 days. FY24 first quarter service performance scores covering October 1 through December 29,
included: *First-Class Mail: 85.4 percent of First-Class Mail delivered on time against the USPS service standard, a decrease of 5.7 percentage points from the fiscal fourth quarter. *Marketing Mail: 93.8 percent of Marketing Mail delivered on time against the USPS service standard, a decrease of 1.5 percentage points from the fiscal fourth quarter. *Periodicals: 80.8 percent of Periodicals delivered on time against the USPS service standard, a decrease of 5.2 percentage points from the fiscal fourth quarter.
UPS (NYSE: UPS) celebrated the company’s 110-year anniversary today in Seattle’s Waterfall Garden Park. The anniversary, on August 28, will mark the founding of a messenger service company started by James Casey and Claude Ryan in a six-by-17-foot room beneath a tavern run by Ryan's uncle at what is now 219 2nd Avenue South, in the heart of the city’s Pioneer Square area.
Pearson English announces the global launch of a new pre-primary course My Disney Stars and Friends, working alongside Disney. It features stunning Disney artwork, stories and themes suitable for the youngest learners. Pearson’s learning materials are at the forefront of educational trends and needs. My Disney Stars and Friends includes a focus on social and emotional learning, personal wellbeing, and puts learners on a clear and measurable learning path. They will be followed by a captivating series of MARVEL Cinematic Readers for teenagers and adults in the autumn. The new Disney-themed course can be used for teaching in school and home environments or a blended approach. This gives teachers flexibility and supports educators, parents and learners alike.