holiday sales

Shares of Best Buy Co Inc (NYSE: BBY) plunged nearly 10 percent on Thursday and hit a new 52-week low of $25.61 after the company reported disappointing holiday sales metrics sales metrics. Best Buy's domestic revenue fell 0.8 percent from a year ago to $10.050 billion during the nine-week...

Shares of Microsoft Corporation (NASDAQ: MSFT) remain within striking distance of their 52-week high of $56.23. The Vetr crowd turned incrementally bullish on Microsoft by upgrading their rating to 3.5 stars out of a possible five from a prior rating of just three stars. Microsoft remains...

In a report published Monday, Wunderlich Securities analyst Eric Beder reiterated a Buy rating on shares of Sequential Brands Group Inc (NASDAQ: SQBG), with a $15 price target ahead of its fourth-quarter earnings results on Wednesday. "As befits its steady nature, we are highly confident...

Betty Chen of Mizuho Securities on Friday upgraded shares of Kate Spade & Co (NYSE: KATE) to Buy from Neutral with a price target raised to $33 from a previous $28 following an online survey of more than 400 U.S. consumers. Chen notes that over 48 percent of those surveyed indicated...

Best Buy Co Inc (NYSE: BBY) reported on Thursday that its domestic comparable-store sales for the nine weeks ended January 3, 2015 rose 2.6 percent, an improvement from the 0.9 percent decline the company saw in the same period a year ago. Revenue totaled $11.366 billion (including $1.233...

Christian Buss of Credit Suisse on Tuesday reiterated a Neutral rating on shares of Lululemon Athletica inc. (NASDAQ: LULU) while raising the price target to $61 from a previous $47 as the company's outlook appears to be “brighter.” Buss notes that the company's management team recently raised its...

Daniel Binder of Jefferies commented in a note on Wednesday that Wal-Mart Stores, Inc. (NYSE: WMT) likely saw good holiday sales and that its momentum will likely continue in the near-term. “Despite some bottlenecks due to port issues, we think the company saw good Holiday results based on our...

Paul Trussell of Deutsche Bank commented in a note on Wednesday that he is “pleasantly surprised” by J C Penney Company Inc's (NYSE: JCP) holiday sales update announced from Tuesday. Trussell states that November was “a little better than December” at J C Penney in...

Laura Champine of Canaccord Genuity upgraded shares of Bed Bath & Beyond Inc. (NASDAQ: BBBY) on Friday to Hold from Buy with a price target boosted to $91 from a previous $66 as sales momentum builds at the retailer. Based on store visits and checks, Champine sees the possibility of “healthy...

In a note to clients on Monday, Liz Pierce of Brean Capital discussed why investors should be optimistic over retailers in the coming year. “Although the strength in traffic and conversion we noted over the past weekend has given us reason to be more optimistic about fiscal 2015...

Amazon.com, Inc. (NASDAQ: AMZN) announced Friday morning that its 20th holiday season was its most successful to date with record growth seen in Amazon Prime. According to a company press release, more than 10 million new members worldwide tried Prime for the first time. Amazon stated that its...