Zumiez swings to Q1 loss

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Zumiez swings to Q1 loss

Zumiez Inc. swung to a first-quarter net loss on a 35% sales decline, but posted strong results for reopened stores and e-commerce in May. The loss for the quarter ended May 2 was 84 cents a share, compared with earnings of 3 cents a share a year earlier.
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Grand Princess passengers bring fresh suit over alleged negligence, coronavirus exposure

A second group of former Grand Princess cruise ship passengers is suing Carnival Corp. and its Princess cruise line in a federal court in Los Angeles after a similar suit against the companies was filed this week. The most recent complaint filed Thursday is …
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Slack partners with Amazon to take on Microsoft Teams

Slack is partnering with Amazon in a multi-year agreement designed to make its communications app more appealing to enterprises. The deal comes just as Slack faces increased competition from Microsoft Teams, and it will see Slack migrate its voice and …
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Cannabis company Canopy has a decade-long tailwind: Analyst

Shares of Canopy growth (CGC) are trading 30% lower since its latest quarterly results last week. However one analyst sees shares as undervalued for the Canadian cannabis company, which has shifted from medical to more recreational sales when that …
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Hong Kong Finance Workers Call for Strike Against Security Law

Follow Bloomberg on LINE messenger for all the business news and analysis you need. Hong Kong's finance workers are seeking to organize a strike
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