Company's CEO Michael O’Sullivan stated “We expect our trend to strengthen as we continue to replenish our store inventory levels but we see a lot of risk in Q3. In this uncertain environment, we plan to manage our business conservatively. We have plenty of liquidity and we will use this to support opportunistic buys of fall merchandise and of pack and hold inventory that we will flow to stores next year.”

Kongsberg Gruppen after earnings: The company catches up with the sector
Market wrap: European indices attempt a rebound after Wall Street’s record selloff 🔨
Morning wrap: Tech sector sell-off (06.02.2026)
Amazon shares tumble 10% as investors recoil at the price of AI dominance