retailers

Maybe The Fed Needs To Hike Rates Again That was our first thought when we saw that shares of a retailer had more than doubled in price since it missed earnings last quarter, ostensibly because one of its competitors was bought out. Our second thought was that it highlights the need to look at...

Tuesday’s release of the U.S. Department of Commerce’s June Retail Sales report will provide investors and economists with an important snapshot of consumer spending trends, and, in turn, the state of the economy. Despite the limitations of the report — exclusion of service sector...

The Gap Inc (NYSE: GPS) delivered better than expected results despite sale drops across all its brands and fourth quarter of net losses. Gap’s report comes after its peers, Urban Outfitters Inc. (NASDAQ: URBN), Kohl’s Corporation (NYSE: KSS) and Abercrombie & Fitch Co. (NYSE: ANF)...

Foot Locker (NYSE: FL) is down 25% after reporting a horrible quarter. Repositioning efforts impact the results, but other details overshadow them. The takeaway is that the tide of discretionary spending is receding. Results were weak, and the guidance was cut meaningfully due to trends reported by...

Home Depot (NYSE: HD) came out with quarterly earnings of $3.82 per share, beating the Zacks Consensus Estimate of $3.80 per share. This compares to earnings of $4.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 0...

Good Morning Everyone! Customers are setting banks on fire in Lebanon because they can’t get their money out. Inflation is at +170%. This is what a currency collapse looks like: In Lebanon people are burning down financial institutions and politicians' homes to reclaim their own money...

Prominent market commentator Jim Cramer has said if investors had bought Bed Bath & Beyond Inc (NASDAQ:BBBY) shares during its Monday rally, that may not result in the best of outcomes. "If you bought $BBBY at $5.75 you actually deserve to lose money," Cramer tweeted. Also Read: Best Exchange...

By Rashida Salahuddin The need for more corporate responsibility has evolved for today’s corporations and the next generation of business leaders in the form of environmental, social and governance (ESG). Investors, activists, and regulators are now requiring proactive, community-...

Shares of Ulta Beauty Inc (NASDAQ: ULTA) were lower Friday after the beauty retailer announced Thursday afternoon its fourth-quarter results and a CEO transition. The Ulta Beauty Analysts: Credit Suisse analyst Michael Binetti maintains an Outperform rating on Ulta Beauty's stock with...

Home goods retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) announced Wednesday the launch of at least eight company-owned brands in reaction to a major "migration" among consumers towards private labels across the entire retail industry, Bed Bath & Beyond CEO Mark Tritton said on...

Retailer Target Corporation (NYSE: TGT) reported Tuesday morning fourth-quarter results that came in better than expected and reinforced the bullish case for the stock, according to BofA Securities. The Target Analyst: Robert Ohmes maintains a Buy rating on Target's stock with a $260 price...

RealReal Inc (NASDAQ: REAL) shares were trading lower Tuesday after the company reported earnings that missed expectations. On Monday, the RealReal reported a fourth-quarter adjusted loss of 49 cents per share, missing the Street estimate by eight cents. The company reported revenue...

Grocery chain Kroger Co (NYSE: KR) faces difficult comparisons ahead and the stock's valuation could be pressured by negative identical sales in fiscal 2022. The Kroger Analyst: BofA Securities analyst Robert Ohmes downgraded Kroger's stock from Neutral to Underperform with a price...

Retail behemoth Walmart Inc (NYSE: WMT) reported fourth-quarter results Thursday morning, highlighted by a "very strong" comp performance and a commitment to raise the associate average pay to above $15 per hour, Jefferies analyst Steph Wissink said on CNBC. Walmart reported...

Home goods retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) has "many new tools in the basket" that position the home goods retailer to achieve its 2023 profit objectives, according to BofA Securities. The Bed Bath & Beyond Analyst: Curtis Nagle upgraded Bed Bath & Beyond ...