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Consumer
Black Rifle Coffee Company (BRCC) stock gains attention, what's next?
March 09, 2022 01:32 AM AEDT| By Rupam RoyHighlights: Black Rifle Coffee Company or BRC Inc. started trading on NYSE on February 10. It went public through a SPAC merger with SilverBox Engaged Merger Corp I. The premium coffee firm will release its fourth quarter and fiscal 2021 finan.....
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TSLA to KR: Top consumer stocks to watch in March
March 06, 2022 07:00 AM AEDT| By Versha JainHighlights Tesla, Inc’s (NASDAQ: TSLA) total revenue increased by 71% YoY to US$53.82 billion in FY 2021. It has a P/E ratio of 174.58. Home Depot, Inc. (NYSE: HD) expects positive sales growth in fiscal 2022. It has a P/E ratio of 20.99.....
Why is Best Buy Co. (BBY) stock rising despite weak earnings?
March 04, 2022 01:17 AM AEDT| By Rupam RoyHighlights: Best Buy reported revenue of US$16.36 billion in Q4, FY22. It increased its quarterly dividend by 26%. Best Buy expects its revenue to be between US$53.5 billion and US$56.5 billion in fiscal 2025. The stocks of Best Buy Co. (.....
BUD to STZ: 5 beer stocks to look for as Russia-Ukraine crisis mounts
February 25, 2022 05:46 AM AEDT| By Rupam RoyHighlights Russia and Ukraine are among the top five barley-producing countries. Diageo PLC (NYSE: DEO) stock gave a return of over 19% in the past 12 months. Molson Coors Beverage Company (NYSE: TAP) net sales surged over 14% in Q4, FY21. .....
Home Depot (HD) raises dividend, sees positive growth after Q4 results
February 23, 2022 02:17 AM AEDT| By Versha JainHighlights Home Depot, Inc. (NYSE: HD) reported net sales growth of 10.7% to US$35.7 billion for the fourth quarter ended January 30, 2022. Its earnings per share diluted increased by 21.2% to US$3.21 compared to US$2.65 per share diluted i.....
Walmart (WMT) stock up after beating Q4 expectations, raises guidance
February 18, 2022 04:30 AM AEDT| By Versha JainWalmart Inc. (NYSE: WMT) declared its fourth-quarter and fiscal 2022 results, beating analysts’ expectations for profit and sales, on Thursday. The stock rose 2.63% to US$137.04 in the premarket after the results. Fourth quarter earn.....
Kraft Heinz (KHC) stock up after guidance, dividend announcement
February 17, 2022 05:18 AM AEDT| By Rupam RoyHighlights Kraft Heinz (KHC) reported revenue of US$6.70 billion in Q4, FY21. Its net income was US$1.01 billion in fiscal 2021. It expects its organic sales to increase by a low-single-digit percentage in FY2022. Kraft Heinz Company (KHC.....
What gives Airbnb (ABNB) edge over rivals? Sees robust Q1 growth
February 17, 2022 04:35 AM AEDT| By Versha JainHighlights Airbnb’s fiscal 2021 revenue soared 77% YoY to US$5.99 billion. Its gross booking value (GBV) increased by 96% YoY to US$46.9 billion in FY2021. Airbnb’s gross booking value (GBV) rose by 91% YoY to US$11.3 billi.....
Explore these top gaming stocks – from RBLX to AMC
February 16, 2022 08:30 PM AEDT| By Versha JainThe pandemic has come as a blessing in disguise for the gaming and entertainment industry. It grew leaps and bounds as demand soared amid covid restrictions, with people having more time to spare on online games and entertainment avenues. Moreover,.....
Marriott (MAR) stock soars 5% after posting US$468 million profit
February 16, 2022 05:07 AM AEDT| By Rupam RoyHighlights Marriott International reported strong fourth-quarter earnings despite Omicron surge. Its revenue more than doubled in the quarter. The Marriott MAR stock returned more than 31% gains in the past 12 months. Hotel chain Marriott.....
From AMZN to DLTR: Will these stocks bring cheer to subdued market?
February 15, 2022 11:41 AM AEDT| By Rupam RoyConsumers typically spend more on gifts, food, and apparel around Valentine's Day, observed on February 14. But will Valentine's Day spirit linger on in the market this week? This year, the US market saw a sharp decline amid a slew of concerns, fr.....
MGM to PENN: Top betting stocks to watch ahead of Super Bowl
February 12, 2022 10:33 AM AEDT| By Rupam RoyThe betting stocks are gaining traction ahead of the Super Bowl match between Cincinnati Bengals and Los Angeles Rams on Sunday. Celebrities like Canadian rapper Drake are betting on their favorites in Sunday's super-charged event in Los Angeles&rs.....
Disney (DIS) stock surges 6% after dwarfing Netflix (NFLX) subscription
February 11, 2022 07:31 AM AEDT| By Versha JainHighlights Walt Disney’s (NYSE: DIS) revenue rose 34% YoY to US$21.8 billion in Q1, FY2022. Its diluted EPS attributable to Disney rose to US$0.60 from US$0.01 a year ago. Its total subscriptions across its streaming portfolio increased .....
Betting stocks in focus ahead of Sunday’s Super Bowl match
February 10, 2022 06:55 AM AEDT| By Rupam RoyHighlights Around 31 million Americans may place bets on Sunday’s Super Bowl match. The total betting amount on the final game of the NFL is likely to cross US$7 billion. DraftKings Inc. (NASDAQ: DKNG) will report its fourth quarter and .....
Top consumer staple stocks of S&P 500 to explore
February 09, 2022 08:36 AM AEDT| By Versha JainHighlights Procter & Gamble (NYSE: PG) has a dividend yield of 2.15% and a P/E ratio of 28.32. PepsiCo’s (NASDAQ: PEP) P/E ratio is 29.27, the dividend yield is 2.49%, with an annualized dividend of US$4.30. Philip Morr.....
Top S&P 500 consumer discretionary stocks to explore
February 08, 2022 07:54 AM AEDT| By Rupam RoyHighlights Amazon.com, Inc (NASDAQ: AMZN) net sales increased by 9% YoY in Q4, FY21. Home Depot, Inc. (NYSE: HD) stock returned over 30% gains in the past 12 months. Lowe's Companies, Inc. (NYSE: LOW) expects sales to be between US$94 billion .....
Sony Group’s (SNEJF) booming movie business lifts quarterly results
February 03, 2022 12:22 PM AEDT| By Sanjeeb BaruahHighlights The "Spider-Man: No Way Home" became the sixth-highest grossing movie in 2021, netting more than US$1.7 billion worldwide despite the spread of the Omicron variant. Sony expects the full-year profit to be 1.2 trillion yen, up...
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Cedar Fair (FUN) stock rallies after SeaWorld’s (SEAS) purchase offer
February 02, 2022 09:33 AM AEDT| By Rupam RoyHighlights SeaWorld is offering US$3.4 billion for Cedar Fair. Based in Sandusky, Ohio, Cedar Fair runs amusement and water parks. The Cedar Fair (FUN) stock returned over 18% gains in the past 12 months. The stocks of Cedar Fair,.....
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Two food stocks to explore in February
January 29, 2022 06:25 AM AEDT| By Versha JainHighlights The food companies are a part of the consumer staples segment. Albertsons Companies, Inc. (NYSE: ACI)operated 2,278 food and drug stores as of December 4, 2021. Kroger Company (NYSE: KR)had around 2,742 supermarkets across the US in.....
Why Blue Star Foods (BSFC) stock skyrocketed 429% today?
January 22, 2022 01:50 AM AEDT| By Versha JainHighlights Blue Star Foods Corp. (NASDAQ: BSFC) is an international seafood company. The consumer staple company launched its IPO in February 2020. Its adoption of Recirculating Aquaculture System technology could pot.....
