Consumer

Why Oatly Group (OTLY) stock hit all-time low on Wednesday?

July 15, 2021 05:57 AM AEST | By Kiran Murali

Summary The plant-based Swedish food company saw its stock decline to an all-time of US$19.62. Short seller Spruce Point questioned Oatly’s...

PepsiCo (PEP) stock gains, Conagra (CAG) declines on forecast update

July 14, 2021 04:04 AM AEST | By Kiran Murali

Summary PepsiCo expects 6% organic revenue growth and 11% EPS growth in fiscal 2021. Conagra expects the impact of increased inflation in the firs...

Top plant-based food stocks to watch in July

July 01, 2021 08:31 AM AEST | By Team Kalkine Media

Summary Beyond Meat Inc. (Nasdaq: BYND) stock price surged 26.35 percent YTD. Tattooed Chef (Nasdaq: TTCF) reported revenue of US$58.7 million in...

Bed Bath & Beyond stock (BBBY) rallies on upbeat outlook

July 01, 2021 05:20 AM AEST | By Kiran Murali

Summary Bed Bath & Beyond stock returned 81 percent year to date. Fiscal 2021 net sales are projected in the range of US$8.2 billion to US$8.4...

NIKE (NKE) hits 52-week high on Q4’21 profit, FY’22 outlook

June 26, 2021 03:44 AM AEST | By Kiran Murali

Summary NIKE reported a net income of US$1.51 billion, compared to the loss of US$790 million, Net income more than doubled to US$5.73 billion dur...

Penn National (PENN) stock up on US$400 mn unsecured notes offering

June 25, 2021 04:25 AM AEST | By Team Kalkine Media

Summary Penn National to offer US$400 million senior unsecured notes in private bidding. The company expects increased revenue in the current quar...

Top 10 consumer staple stocks to watch as inflation rises

June 15, 2021 10:00 AM AEST | By Kiran Murali

Consumer companies face several headwinds, such as increased raw materials and shipping costs and supply chain delays. Several consumer staple compan...

E-commerce Stocks To Watch This Year

June 09, 2021 06:36 AM AEST | By Team Kalkine Media

Summary E-commerce companies allow people to buy or sell goods online. Etsy Inc, an online platform for art and craft items, reported US$550.6 mil...

Trending Retail Stocks: Bed Bath & Beyond, Etsy

June 03, 2021 09:23 AM AEST | By Team Kalkine Media

Summary Bed Bath & Beyond to launch three new brands as it revamps its product assortment. Etsy to buy British fashion resale marketplace Depo...

2 Active Stocks On NYSE: AMC Entertainment, GameStop

June 02, 2021 04:37 AM AEST | By Kiran Murali

AMC Entertainment Holdings, Inc. (NYSE: AMC) and GameStop Corporation (NYSE:GME) are among the active stocks on the New York Stock Exchange. Both the...

Doughnut Chain Krispy Kreme Files Confidential IPO With SEC

June 02, 2021 02:32 AM AEST | By Team Kalkine Media

American doughnut chain Krispy Kreme had filed for an initial public offering (IPO) confidentially with the Securities and Exchange Commission (SEC) l...

3 Hospitality Stocks To Explore As Travel Activities Resume

May 28, 2021 12:34 PM AEST | By Kiran Murali

Summary MGM Resorts’ revenue from China grew 9 percent in the first quarter. Caesars Entertainment CEO sees strong demand for entertainment....

5 Food Stocks To Explore As COVID-19 Restrictions Ease

May 28, 2021 03:51 AM AEST | By Kiran Murali

Summary McDonald’s and Yum! Brands saw their sales recover to pre-pandemic levels. Starbucks expects its global comparable sales to grow up...

TAL & EDU: Two Hot Education Stocks In Market

May 27, 2021 02:29 AM AEST | By Team Kalkine Media

Summary TAL closed Tuesday's session at 18.47% higher to US$42.14, while EDU closed 20.84% higher to US$10.96 from the previous close. TAL Revenue...

2 Cruise Stocks To Explore As Economy Reopens

May 26, 2021 10:23 AM AEST | By Team Kalkine Media

Summary Carnival Corp to restart its U.S. cruise operations, starting with Alaska sailings in July. Norwegian Cruise Line Holdings to start Alaska...

Take-Two & Activision Blizzard: Two Gaming Stocks To Watch

May 25, 2021 02:49 PM AEST | By Team Kalkine Media

Summary Take-Two’s net revenue grew 10% to US$839.4 million in Q1. Take-Two acquired the successful games developer HB Studios Multimedia....

Can Beyond Meat Stock (BYND) Continue Monday’s Rally?

May 25, 2021 11:46 AM AEST | By Kiran Murali

Summary The plant-based meat product company’s stock peaked 12.8 percent in intra-day trade. First-quarter revenue grew 11.4 percent to US$1...

Oatly Stock Up 22.97% In Market Debut, Raises US$1.4 billion

May 21, 2021 05:52 AM AEST | By Team Kalkine Media

Summary Oatly stock (NASDAQ: OTLY) soared 22.97% to US$20.9 at 2:48 pm ET on Thursday, May 20. Oatly raised US$1.4 billion from 84.4 million Ameri...

Macy’s Raises FY’21 Forecast; Stock Up 68% YTD

May 19, 2021 10:29 AM AEST | By Team Kalkine Media

Summary The department store operator projects its net sales to grow to US$22.23 billion in fiscal 2021. Macy’s added 4.6 million new custom...

Home Depot Net Earnings Soar 84%, Sales Up 32.7% In Q1

May 19, 2021 09:59 AM AEST | By Team Kalkine Media

The first-quarter net earnings of Home Depot, Inc. (NYSE: HD) rose to US$4.15 billion, or US$3.86 per share diluted, from US$2.25 billion, or US$2.08...