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Retail
Styling it right: Six fashion stocks that are hard to miss
August 25, 2021 01:32 PM PDT| By Ipsita SarkarThe Dow Jones US Clothing and Accessories Index (DJUSCF) gave a 13.75% return YTD. It is because the clothing or fashion companies are witnessing a strong comeback from the pandemic recession. For instance, all major apparel businesses in the US ar.....
Dick's (DKS), Express Inc (XPR) net sales soar in Q2, stocks rally
August 25, 2021 09:44 AM PDT| By Ipsita SarkarHighlights Dick's Sporting Goods Inc (NYSE: DKS) stock rose over 100% YTD, while the Express, Inc. (NYSE: EXPR) stock jumped over 676% YTD. Dick’s net sales rose by 20.7% in Q2, while Express Inc’s net sales surged 86% YoY. Express.....
Five retail stocks to explore as customers flock to stores
August 25, 2021 08:32 AM PDT| By Team Kalkine MediaHighlights The Shopify Inc. (NYSE: SHOP) stock price surged around 35% YTD. The Best Buy Co., Inc. (NYSE: BBY) logged revenue of US$11.84 billion in Q2. The stock value of Macy's Inc (NYSE: M) jumped over 100% YTD. Retail companies provid.....
Kohl's (KSS), Macy's (M) stocks rally on strong quarterly results
August 19, 2021 09:48 AM PDT| By Team Kalkine MediaHighlights The total revenue of Kohl's Corporation (NYSE: KSS) surged more than 30% YoY. Macy's Inc (NYSE: M) reported net sales of US$5.6 billion in the second quarter. Stocks of Macy's and Kohl's rose 7.19% and 4.09%, respectively. The .....
Lowe’s raises full-year outlook; Target’s revenue up 9.4% in Q2
August 18, 2021 10:09 AM PDT| By Team Kalkine MediaHighlights Lowe’s (NYSE: LOW) net income was US$3.02 billion or US$4.25 per share diluted in Q2. Target’s (NYSE: TGT) total revenue was US$25.16 billion compared to US$22.98 billion in the year-ago quarter. Lowe's stock was up 4.25.....
Why are Kroger (KR), Lowe’s (LOW) stocks trending Tuesday?
August 17, 2021 02:53 PM PDT| By Team Kalkine MediaHighlights The Kroger Co.’s (NYSE: KR) shares gained 4.48% in intraday trading. Shares of Lowe’s Companies Inc. (NYSE: LOW) tumbled 5.22% on Tuesday. Lowe’s total sales in the first quarter of 2021 were US$24.4 billion. .....
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Earnings Alert: Walmart (WMT), Home Depot (HD) revenue up in Q2
August 17, 2021 07:41 AM PDT| By Team Kalkine MediaHighlights Walmart’s (NYSE: WMT) revenue surged 2.4 percent YoY to US$141 billion in Q2, while its operating income rose by 20.4 percent. Home Depot (NYSE: HD) saw strong sales of US$41.1 billion in Q2, up 8.1 percent YoY. Its net earning.....
Top e-commerce stocks to consider as online sales boom
July 28, 2021 03:30 PM PDT| By Team Kalkine MediaThe e-commerce businesses have witnessed massive growth since the coronavirus outbreak last year. E-commerce sales scaled new records highs as more people chose to shop online. There are a lot of established e-commerce companies in the market while m...
With the wedding season in full gear, here’re five stocks to explore
July 26, 2021 03:42 PM PDT| By Team Kalkine MediaWeddings always have been an extravagant affair. Now with the wedding season in full gear, beauty stocks are once again in focus. What's driving the trends is the overwhelming desire for picturesque weddings and ceremonies and posting photos on soc.....
Five interesting e-commerce stocks to watch post-covid
July 22, 2021 01:16 PM PDT| By Team Kalkine MediaSummary Chewy, Inc. (CHWY) has a forward P/E one-year ratio of 693.33. Its stock rose 71% in one year. Revolve Group’s (VLV) P/E ratio is 66.23. The stock increased by 327% in one year. Liquidity Services (LQDT) has a P/E ratio.....
Seven hot retail stocks to explore
July 14, 2021 11:53 AM PDT| By Team Kalkine MediaSummary Dollar General Corporation (NYSE: DG) reported net sales of US$8.4 billion in Q1, 2021. Big Lots, Inc. (NYSE: BIG) reported a net income of US$94.6 million or US$2.62 per diluted share in Q1, 2021. Ross Stores, Inc (Nasdaq: ROST) paid .....
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Levi Strauss (NYSE: LEVI) stock pops on FY’21 outlook, Q2 profit
July 09, 2021 07:28 AM PDT| By Kiran MuraliLevi Strauss & Co. (NYSE: LEVI) saw its stock jump 5 percent when the market opened on Friday as the company raised its fiscal 2021 outlook following a strong performance in its fiscal second quarter. The San Francisco-based apparel retailer s.....
Know the 10 biggest retail companies around the world in 2021
July 08, 2021 10:41 PM PDT| By ManikaThe year 2020 was the best and the worst year for the retail sector. It was the best year as shoppers who were working from home had a new set of needs, especially the need for online shopping. Retailers had to reinvent themselves to develop online.....
Newegg Commerce stock (NEGG) doubles on PC assembly service
July 07, 2021 11:32 AM PDT| By Kiran MuraliSummary The California-based online electronics retailer’s stock (NASDAQ: NEGG) more than doubled on Wednesday’s trading. Newegg Commerce said it started a build-to-order offering, which provides professional assembly service of per.....
Walgreens (WBA) stock drops despite Q3 profit, improved FY’21 outlook
July 01, 2021 08:07 AM PDT| By Kiran MuraliSummary Walgreens stock plunged over 7 percent on Thursday morning. The pharmacy chain anticipates fiscal 2021 adjusted EPS to grow around 10%. Walgreens’ fiscal third quarter sales increased 10.4 percent to US$34.0 billion. Walgree.....
Warby Parker IPO: Eyewear company files for confidential US listing
June 23, 2021 12:32 PM PDT| By Team Kalkine MediaEyewear retailer Warby Parker has confidentially filed for stock market listing with the Securities and Exchange Commission on June 22, the company said. The prescription eyewear company was founded in 2010. Wharton University graduates Jeffrey Ra.....
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Krispy Kreme IPO: DNUT Stock Price to Valuation, all details here
June 23, 2021 06:30 AM PDT| By Kiran MuraliDonut chain Krispy Kreme Inc. is planning to raise up to US$640 million in its initial public offering, according to an SEC filing. The company plans to trade under the ticker ‘DNUT’ on NASDA.....
10 retail stocks to explore as economy improves
June 14, 2021 12:16 PM PDT| By Team Kalkine MediaSummary In Q1 of 2021, Big Lots’ net income was US$94.6 million or US$2.62 per diluted share. In the same period last year, its net income was US$49.3 million. Ulta Beauty’s net sales were US$1.9 billion, up 65.9% YoY, and net incom.....
Strong Q1 Results, Improved Outlook Boost Signet, RH Stocks
June 10, 2021 03:42 PM PDT| By Kiran MuraliStocks of Signet Jewelers Limited (NYSE:SIG) and RH (NYSE: RH) rallied as much as 22 percent and 16 percent respectively on Thursday’s trading after the companies reported their first-quarter results that exceeded their estimates. Jewelry re.....
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Costco Stock Declines As Company Flags Inflationary Pressures
May 28, 2021 08:36 PM PDT| By Kiran MuraliSummary Costco is facing inflationary pressures, including higher labor, freight costs, and higher transportation demand. Fiscal Q3 comparable sales climbed 20.6 percent, e-commerce sales up 41.2 percent. Costco Wholesale Corporation (NASD.....
