Shoe shine: Skechers stock rose 19 percent to $27.78 Friday after the footwear company reported strong revenue gains in its most recent quarter, including a 17 percent increase in its wholesale business.
Big jump: Sears Holdings shares rose 26 percent to $6.96 Friday after the retailer said it would cut costs by $1 billion and reduce debt and pension obligations by at least $1.5 billion this year.
Mall woes: Newell Brands tumbled 5.8 percent to $44.15 Monday after the maker of Rubbermaid, Sharpie, Elmer’s Glue and other products reported disappointing sales and issued a full-year sales forecast that fell far short of analysts’ estimates. The company said the strong dollar and fewer people shopping at malls hurt sales of some key products. The stock finished the week at $46.99.
Playtime: Hasbro vaulted 16.1 percent to $95.90 Monday after the toymaker’s fourth-quarter profit and sales beat Wall Street’s estimates, fueled by sales of toys marketed to girls. The stock closed Friday at $97.63.
Tweet this: Twitter slumped 10.6 percent to $16.74 Thursday after a weak profit forecast overshadowed the social media company’s strong quarterly earnings. The stock closed at $15.58 Friday.
Lonely malls: Michael Kors Holdings shares slumped nearly 15 percent to $35.15 Tuesday after the apparel and accessories maker reported a bigger-than-expected drop in comparable sales for the holiday quarter and said it would cut back promotions in North America to boost retail prices. Shares closed the week at $38.38.