Consumer

Bed Bath & Beyond stock (BBBY) rallies on upbeat outlook
June 30, 2021 12:20 PM PDT | By Kiran MuraliSummary 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 25, 2021 10:44 AM PDT | By Kiran MuraliSummary 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 24, 2021 11:25 AM PDT | By Team Kalkine MediaSummary 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 14, 2021 05:00 PM PDT | By Kiran MuraliConsumer 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 08, 2021 01:36 PM PDT | By Team Kalkine MediaSummary 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 02, 2021 04:23 PM PDT | By Team Kalkine MediaSummary 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 01, 2021 11:37 AM PDT | By Kiran MuraliAMC 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 01, 2021 09:32 AM PDT | By Team Kalkine MediaAmerican 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 27, 2021 07:34 PM PDT | By Kiran MuraliSummary 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 27, 2021 10:51 AM PDT | By Kiran MuraliSummary 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 26, 2021 09:29 AM PDT | By Team Kalkine MediaSummary 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 25, 2021 05:23 PM PDT | By Team Kalkine MediaSummary 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 24, 2021 09:49 PM PDT | By Team Kalkine MediaSummary 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 24, 2021 06:46 PM PDT | By Kiran MuraliSummary 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 20, 2021 12:52 PM PDT | By Team Kalkine MediaSummary 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 18, 2021 05:29 PM PDT | By Team Kalkine MediaSummary 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 18, 2021 04:59 PM PDT | By Team Kalkine MediaThe 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...

Walmart’s Revenue Up 2.7% On Pent-Up Demand, E-Commerce Boost
May 18, 2021 11:34 AM PDT | By Team Kalkine MediaSummary Walmart’s revenue rose 2.7% YoY to US$138.3 billion in the first quarter of 2021. Its global e-commerce sales jumped 49% during the...

Kraft Heinz: A Rising Warren Buffet Stock
May 17, 2021 03:53 PM PDT | By Kiran MuraliSummary The stock outperformed its competitors like Mondelēz International, Inc. (NASDAQ: MDLZ), and PepsiCo, Inc. (NASDAQ: PEP) this year. Kraft...

DoorDash Stock Jumps Over 20% After Strong Earnings Report
May 14, 2021 12:19 PM PDT | By Team Kalkine MediaThe stock of American food delivery service DoorDash Inc. (NYSE: DASH) surged more than 23% to US$142.265 at 2:29 pm ET on Friday, May 14, a day after...