Retail

Fortune 500 Sees Tech & Retail Giants Rise in Rankings
October 01, 2024 09:36 AM AEST| By Team Kalkine MediaHighlights,Technology's increasing influence across sectors,Major shifts in the ranking of top U.S. & TSX companies,Traditional industries adopting digital innovations,There are various ways to gauge the size and influence of a company, with revenue...

NIKE Set to Release Q1 Earnings Report
October 01, 2024 06:58 AM AEST| By Team Kalkine MediaHighlights,NIKE has faced recent stock underperformance but remains a global leader, with its upcoming earnings report expected to reflect a notable decline in profits.,The company’s direct-to-consumer strategy, initially successful, now faces challe...

PepsiCo Set to Announce Next Quarter Earnings
October 01, 2024 06:54 AM AEST| By Team Kalkine MediaHighlights,PepsiCo continues to demonstrate steady growth, driven by its international business, while its North American unit shows slower performance.,The company faces challenges from rising competition, changing consumer preferences for healthier...

Domino's Faces Q3 Earnings Amid Growth Challenges
October 01, 2024 06:41 AM AEST| By Team Kalkine MediaHighlights,Domino's Pizza remains a dominant global brand in the pizza delivery industry, benefiting from strong financial fundamentals and international recognition.,Despite challenges like missed international store growth targets and shifting cons...

McCormick Prepares for Q3 Earnings Report
October 01, 2024 06:20 AM AEST| By Team Kalkine MediaHighlights,McCormick & Company, a leader in the food industry, is set to announce its Q3 earnings, with strong past performance in spices, seasonings, and flavor products.,The company has consistently met or exceeded earnings expectations, driven by...

Etsy Struggles Amid Stock Decline and Competitive Pressures
October 01, 2024 05:50 AM AEST| By Team Kalkine MediaHighlights,Etsy operates a marketplace for unique products but has faced significant stock underperformance, down substantially from its 52-week high.,Despite exceeding revenue expectations in Q2, the company’s earnings and declining gross merchandis...

Constellation Brands Faces Mixed Earnings Outlook
October 01, 2024 05:29 AM AEST| By Team Kalkine MediaHighlights,Constellation Brands, known for popular beer, wine, and spirits brands, is set to release fiscal Q2 earnings with expectations of continued strong performance.,Despite consistent earnings beats, the company's stock has underperformed marke...

Costco's Earnings Report Sparks Mixed Market Reaction
September 28, 2024 08:02 AM AEST| By Team Kalkine MediaHighlights,Costco's recent Q4 earnings report showed strong earnings per share but only slight revenue growth, falling short of analyst expectations.,The company opened new warehouses and is expanding its membership model, with anticipated benefits f...

Chewy Faces Challenges Amid Shifting Online Retail Landscape
September 28, 2024 07:53 AM AEST| By Team Kalkine MediaHighlights,Chewy recently released quarterly earnings, highlighting its performance amid a competitive retail landscape influenced by evolving consumer demands for convenience and selection.,The latest quarter saw slower growth among key online retai...

US Foods Holding Corp Highlights Steady Financial Trends
September 28, 2024 07:07 AM AEST| By Team Kalkine MediaHighlights,US Foods demonstrates a stable business model with consistent returns on capital employed, signaling effective capital utilization.,The company has significantly increased capital investments, highlighting its commitment to enhancing opera...

Dollar General Faces Uphill Battle Amid Intense Competition
September 28, 2024 05:12 AM AEST| By Team Kalkine MediaHighlights,Dollar General is downgraded rating due to challenges posed by Walmart's increasing market share and evolving retail dynamics.,The company is projected to face declining EBIT margins and continued struggles into the next fiscal year, despi...

CarMax Shares Climb Following Mixed Earnings Report
September 27, 2024 05:36 AM AEST| By Team Kalkine MediaHighlights,CarMax's shares rose after a mixed second-quarter earnings report, showing improvements in gross profit and revenue despite slightly missing EPS expectations.,The company reported a notable increase in retail vehicle sales, while wholesale...

Stitch Fix Inc. Shares Decline Following Quarterly Loss
September 26, 2024 03:13 AM AEST| By Team Kalkine MediaHighlights,Stitch Fix experienced a significant drop in share price after reporting a larger-than-expected quarterly loss.,Revenue for the quarter declined year-over-year, though it slightly exceeded market expectations.,The company's weak future gui...

Sprouts Farmers Market Trades Near 52-Week High
September 24, 2024 04:12 AM AEST| By Team Kalkine MediaSprouts Farmers Market Inc., operating within the,retail sector,, has been trading near its 52-week high of $107.90, reached earlier this month. As of Friday, the stock closed at $105.70, just 2% below this peak. The current price reflects a substant...

Nike Share Bounce After Announcing CEO Transition
September 20, 2024 06:25 PM AEST| By Team Kalkine MediaShares of Nike Inc., a key player in the,retail sector,, surged by over 7% in after-hours trading following the announcement that CEO John Donahoe will be stepping down. Former executive Elliott Hill will take over as the new CEO, a leadership change...

GameStop CEO Fined for Unreported Wells Fargo Shares
September 19, 2024 04:46 AM AEST| By Team Kalkine MediaGameStop Corp CEO Ryan Cohen has agreed to pay a civil penalty of nearly $1 million after the US Federal Trade Commission (FTC) claimed he failed to properly report the purchase of Wells Fargo shares. This case highlights the importance of adhering t...

Monster Beverage Tops Keurig Dr Pepper in Profitability
September 18, 2024 06:13 PM AEST| By Team Kalkine MediaThe,Retail sector,features key players like Monster Beverage and Keurig Dr Pepper. Both companies have distinct strengths, but Monster Beverage currently trades at a higher valuation, reflecting differences in revenue growth and profitability. The fo...

Major Retail Stock Split Unveiled as Walmart Takes a Backseat
September 16, 2024 08:18 PM AEST| By Team Kalkine MediaIn the,retail sector,, 2024 has seen notable developments in stock splits, with Deckers Brands Inc. set to make headlines with its largest stock split of the year. This follows a trend in which prominent companies use stock splits to adjust their sha...

Mission Produce Experiences Slower Momentum Due to Market Conditions
September 12, 2024 05:28 AM AEST| By Team Kalkine MediaMission Produce, a key player in the,Retail sector,, has reported slower growth in its recent financial performance update. Despite the subdued growth, the company continues to navigate the market with a focus on long-term strategies and operational...

Freshpet Reports Recent Developments and Performance Insights
September 12, 2024 05:27 AM AEST| By Team Kalkine MediaFreshpet, a company operating within the,Retail sector,, has recently shared updates regarding its financial and operational performance. These disclosures provide a comprehensive view of the company's current status and recent developments.,Financia...