Retail sector

On the brink of the FIFA World Cup 2026, Nike Inc. (NYSE:NKE) faced a stock downgrade from RBC Capital Markets. The firm lowered its share price target from $70 to $50, citing slower-than-expected revenue growth. The analysts, led by Piral Dadhania, have revised their outlook for the...

On the brink of the FIFA World Cup 2026, Nike Inc. (NYSE:NKE) faced a stock downgrade from RBC Capital Markets. The firm lowered its share price target from $70 to $50, citing slower-than-expected revenue growth. The analysts, led by Piral Dadhania, have revised their outlook for the...

Amidst a week of market volatility, heightened by a weak Treasury auction and a jump in long-term yields, some of America’s largest retailers posted first-quarter profits that indicate the consumer machine might be slowing. The retail proxy ETF market, so hotly followed, is getting shaken....

Investors holding ETFs with exposure to Walgreens Boots Alliance Inc. (NASDAQ:WBA) are closely watching how the company's buyout by Sycamore Partners will impact their portfolios. As Walgreens prepares to go private, ETFs that currently hold its stock will need to readjust their allocations. Let's...

Online spending during the 2023 holiday shopping period hit a record $222.1 billion thanks to major discounts and flexible payment methods, such as “buy now, pay later.” The data, published by Adobe Analytics on Thursday, covered the period from November 1 to December 31, taking in the...

Shares in bargain stores saw some selling on Thursday after Dollar General Corp.’s (NASDAQ:DG) results failed to impress the market. The numbers weren’t bad. Third-quarter earnings were better than expected, although down year-on-year due to some “tough customer spending trends...

Shares of Victoria's Secret & Co. (NYSE: VSCO) are sliding in the after-market hours of Wednesday evening after the company reported its first quarter 2023 earnings results. Initial investor reactions are sending the stock on a sell of as big as 15%. This would mark one of the most...

Investors are always looking for stocks that are poised to beat at earnings season and Walmart Inc. (NYSE: WMT) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Walmart is seeing favorable earnings...

Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the past five years is 116.7%. But there is no question some big-name stocks performed better than others along the way. Costco’s Big Run: One...

For retailers, Q1 earnings might resemble a Charles Dickens novel  as a tale of two sectors: Essential and nonessential—or perhaps brick-and-mortar and e-commerce. Companies with the goods consumers needed as they hunkered down at home are widely expected to have rung up relatively...

Don't sleep on bedding products company Casper Sleep Inc (NYSE: CSPR), Goldman Sachs said Monday. The Casper Sleep Analyst Alexandra Walvis initiated coverage of Casper Sleep with a Buy rating and a $16 price target. The Casper Sleep Thesis Sleep is big right now. It's a growing branch of...

The United Kingdom retail sector lost 85,000 more jobs in the third quarter compared to the previous year, according to a report from trade association British Retail Consortium (BRC). What Happened In the report, called Retail Employment Monitor, BRC said the British retail sector is contending...

Despite all the uncertainty surrounding the retail environment currently, Argus Research is optimistic about the upcoming holiday season. "We think it's going to be a good Christmas," said Argus Research on a conference call held Tuesday. U.S. household incomes increasing for the first time in...

A relatively weak Q1 earnings season once again has traders worried about a market downfall, yet so far, the S&P 500 has been fairly resilient. In uncertain times like these, pair trades offer the potential for upside with protection to the downside in the event of a market selloff. RBC Capital...

Marking the last day plunge that some shoppers take on Christmas Eve, Gerald Storch, founder and CEO of Storch Advisors and former chairman and CEO of Toys “R” Us, went behind the scenes of the successes and failures of the retail sector this holiday season on CNBC's Squawk Box Tuesday morning. As...