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Retail
Target Corp’s Q1 profit dips, Lowe’s net earnings touch US$2.3 bn
May 18, 2022 12:34 PM PDT| By Team Kalkine MediaHighlights: Target Corporation’s (NYSE: TGT) Q1 net profit skids 52% to US$1.01 billion. Target’s shares plummeted 26% following a poor earnings report. Lowe's Companies, Inc.’s (NYSE: LOW) first-quarter FY-22 comparable sale.....
WMT stock drops 10% on weak earnings, HD rise on positive guidance
May 17, 2022 12:57 PM PDT| By Team Kalkine MediaHighlights: Walmart Inc. (NYSE: WMT) reported revenue of US$141.6 billion in the first quarter. Home Depot Inc. (NYSE: HD) posted first-quarter sales of US$38.9 billion. Walmart’s international net sales stood at US$23.8 billion. US.....
DDS to PAG: Five retail stocks to watch amid rising inflation
May 16, 2022 11:16 AM PDT| By Versha JainHighlights Dillard's, Inc. (NYSE: DDS) has a P/E ratio of 6.5 and a dividend yield of 0.25%. Murphy USA Inc. (NYSE: MUSA) stock has a P/E ratio of 12.97. Its dividend yield is 0.47%, with an annualized dividend is US$1.24. Penske Automot.....
Why Redbox Entertainment Inc. (RDBX) stock soared 66%?
May 02, 2022 01:17 PM PDT| By Versha JainHighlights Redbox Entertainment Inc. (NASDAQ: RDBX) is an entertainment company. The RDBX stock jumped 66.05% to US$9.93 at 2:05 pm ET on Monday. Its trading was halted twice on Monday. The Redbox Entertainment Inc. (NASDAQ: RDBX) s.....
Why is Designer Brands, Inc. (NYSE: DBI) stock trending on Wall Street?
April 08, 2022 09:49 AM PDT| By Rupam RoyShares of Designer Brands, Inc. (NYSE: DBI) was up 4% after the company outlined its long-term plans at its 2022 Investor Day event at the New York Stock Exchange (NYSE) on Friday. The DBI stock soared over 4% after the program started at 9:45 am .....
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Why Bed Bath & Beyond (BBBY) stock skyrocketed today?
March 07, 2022 08:48 AM PST| By Sanjeeb BaruahShares of US retailer Bed Bath & Beyond (BBBY) rose about 60% on Monday, taking investors by surprise. The stock was hovering around US$25.6, or 58.3% up at 10:03 am ET. The stock rallied after Chewy Inc co-founder, and GameStop Corp (GME) CEO.....
ETSY, AMZN, CPNG among top 5 e-commerce stocks to explore in March
March 03, 2022 11:48 AM PST| By Rupam RoyHighlights Amazon.com, Inc. (NASDAQ: AMZN) stock value increased by more than 9% over the past 30 days. Coupang, Inc. (NYSE: CPNG) revenue rose 34% YoY in Q4, FY21. Etsy, Inc. (NASDAQ: ETSY) expects its first-quarter fiscal 2022 revenue to be .....
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Retail stocks to watch: HD, DLTR among top five in spotlight
February 27, 2022 12:28 AM PST| By Rupam RoyHighlights Home Depot, Inc. (NYSE: HD) revenue rose over 10% in Q4, FY21. Dollar Tree Inc. (NASDAQ: DLTR) will report its fourth quarter fiscal 2021 results on March 2. Bath & Body Works, Inc. (NYSE: BBWI) expects its Q1, FY22 earnings to .....
Why Kohl's (KSS) stock jumped 33% today?
January 24, 2022 12:53 PM PST| By Rupam RoyHighlights Kohl's has received a takeover offer from at least two suitors recently. Sycamore Partners has offered US$65 per share for Kohl’s purchase. Kohl's board of directors is currently evaluating the proposals. Shares o.....
Why BigCommerce Holdings (BIGC) stock rallied today?
January 20, 2022 09:18 AM PST| By Rupam RoyHighlights BigCommerce Holdings, Inc. (NASDAQ: BIGC) announced a partnership with Cardstream. BigCommerce revenue rose 49% YoY in Q3, FY21. In Q4, FY21, it expects revenue of between US$61.3 million and US$61.7 million. Shares of BigComme.....
Why is BTCS Inc’s stock rocketing? E-commerce firm adds this crypto
January 13, 2022 10:11 AM PST| By Versha JainHighlights BTCS Inc. (NASDAQ: BTCS) is adding a new crypto to its infrastructure staking operation, as announced January 13. BTCS hosts an online e-commerce marketplace for merchandise where consumers can purchase them using digital assets, inc.....
Top 5 retail stocks to keep an eye on in 2022
December 25, 2021 04:47 AM PST| By Team Kalkine MediaHighlights Ingles Markets, Incorporated (NASDAQ: IMKTA) has a P/E ratio of 6.8 and a dividend yield of 0.76%. Target Corporation (NYSE: TGT) has a dividend yield of 1.64%, with an annualized dividend of US$3.60. The United Natural F.....
Top 5 US retail stocks to watch amid holiday shopping season
December 16, 2021 07:14 AM PST| By Rupam RoyHighlights Amazon expects its Q4, FY21 net sales to be between US$130 billion and US$140 billion. Lowe's expects its full fiscal 2021 sales to be about US$95 billion. US retail sales surged 0.3% in November, after increasing 1.8% in October. .....
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Thanksgiving Day: Top stocks to watch as holiday sales kickstarts
November 25, 2021 01:18 PM PST| By Rupam RoyThe previous record shows consumer spending and sales surge during the Thanksgiving week and the subsequent period leading up to the new year. This year, though, the retailers had to prepare for the big sales season way in advance due to the supply.....
Why iFresh (IFMK) is getting delisted from Nasdaq?
November 22, 2021 02:44 PM PST| By Rupam RoyHighlights iFresh, Inc. (IFMK) announced that it would be delisted from the Nasdaq stock exchange, effective on November 23, 2021. The Nasdaq Hearing Panel has rejected iFresh's appeal against the September decision to delist its common stocks......
Top food and beverages stocks to explore in Thanksgiving week
November 22, 2021 12:12 PM PST| By Versha JainThe Thanksgiving week typically sees increased consumer spending as retailers offer special deals and discounts to attract more customers to their stores. In addition, the period leading up to Thanksgiving Day on Nov 26 and the high-value sales day.....
Xbox Series X arriving today at Walmart, Black Friday deals: Details
November 22, 2021 09:40 AM PST| By Versha JainHighlights Walmart Inc (WMT) is launching an online restock event for Xbox Series X on Monday. The Walmart+ members will have early access to the event. The membership cost is US$12.95 per month. The online event, part of the Black Friday.....
Why did Foot Locker (FL) stock nosedive 12% after earnings?
November 19, 2021 11:30 AM PST| By Rupam RoyShares of Foot Locker, Inc. (NYSE: FL) fell more than 12% on Friday after the company reported weak third-quarter results and voiced concerns over the continued supply chain disruptions. The FL stock plunged 12.91% to US$50.1299 in intraday tradin.....
Top e-commerce stocks to explore as consumer confidence rebounds
November 16, 2021 02:18 PM PST| By Ipsita SarkarHighlights Chewy, Inc. (NYSE: CHWY) sales increased over 26% YoY in Q2, FY21. Shopify Inc. (NYSE: SHOP) revenue jumped around 46% YoY in Q3, FY21. Amazon.com, Inc. (NASDAQ: AMZN) sales rose about 15% YoY in Q3, FY21. The Covid-19 pandemic.....
Walmart (WMT), Home Depot (HD) beat estimates in third quarter
November 16, 2021 09:57 AM PST| By Versha JainHighlights Walmart Inc.'s (NYSE: WMT) revenue increased 4.3% YoY to US$140.5 billion. It raised the full-year adjusted EPS guidance to around US$6.40. Home Depot, Inc. (NYSE: HD) reported net sales of US$36.8 billion, up 9.8% YoY in Q3, 2021. .....
