Consumer
Airbnb (ABNB) & Wynn (WYNN) stocks eyeing to ride on Halloween bonanza?
October 12, 2021 12:09 PM PDT| By Ipsita SarkarHighlights Investment bank Cowen Inc. gave an "outperform" rating to Airbnb, Inc. (NASDAQ: ABNB). Wynn Resorts, Limited (NASDAQ: WYNN) bags best employer recognition from Las Vegas Review-Journal and Business Press. ABNB stock rose 3.96% in on.....
Helen (HELE), ConAgra (CAG) raise sales guidance after solid results
October 07, 2021 10:01 AM PDT| By Sanjeeb BaruahHighlights Helen of Troy Limited (NASDAQ: HELE) reported a gross profit of US$210.58 million in Q2, FY22. HELE expects its core net sales to be between US$1.99 billion and US$2.03 billion in fiscal 2022. ConAgra Brands, Inc’s (NYSE: CAG).....
PepsiCo (PEP) stock in focus after Q3 results, earnings forecast. Know more
October 05, 2021 09:06 AM PDT| By Ipsita SarkarHighlights PepsiCo, Inc’s (NASDAQ: PEP) operating profit was US$3.15 Bn in Q3, FY21. PEP’s revenue was US$54.22 billion for the first three quarters of fiscal 2021. PepsiCo expects its organic revenue to grow by 8% in fiscal 2021. .....
Duckhorn’s (NAPA) net sales jump 35% in Q4, stocks up 4%
October 04, 2021 06:07 PM PDT| By Team Kalkine MediaHighlights Duckhorn Portfolio, Inc’s (NYSE: NAPA) gross profit jumped 32.7% YoY to US$34.4 million; the adjusted gross profit surged 30.9% YoY to US$34.7 million. Established in 1976, the company owns ten wineries, eight high-tech winema.....
Five education stocks to watch as campuses reopen
October 04, 2021 05:26 PM PDT| By Ipsita SarkarHighlights Chegg, Inc’s (NYSE: CHGG) revenue surged by 30% YoY in Q2, FY21. Stride, Inc’s (NYSE: LRN) revenue rose more than 47% YoY in Q4, FY21. The revenue of Bright Horizons Family Solutions (NYSE: BFAM) jumped 50% YoY in Q2, FY.....
CarMax (KMX), Bed Bath (BBBY) stocks dive after quarterly earnings
September 30, 2021 08:19 AM PDT| By Sanjeeb BaruahHighlights CarMax Inc. (NYSE: KMX) reported revenue of US$7.98 Bn in Q2, FY22. Net sales of Bed Bath & Beyond Inc. (NASDAQ: BBBY) were US$1.98 Bn in Q2, FY21. The stock price of KMX rose by 56.97% YTD. Stocks of CarMax Inc. (NYSE: KMX.....
Five restaurant stocks to keep an eye on beyond 2021
September 29, 2021 01:43 PM PDT| By Sanjeeb BaruahHighlights The stock of Chipotle Mexican Grill, Inc’s (NYSE: CMG) rose 39.44 percent YTD. Darden Restaurants, Inc’s (NYSE: DRI) total sales jumped 51% YoY in Q1, FY22. The revenue of Bloomin' Brands, Inc. (NASDAQ: BLMN) surged 86.2.....
DBGI, UNFI stocks gain strong traction after quarterly results
September 29, 2021 01:10 PM PDT| By Ipsita SarkarHighlights Digital Brands Group, Inc (NASDAQ: DBGI) stocks fell a day after providing solid revenue guidance for 2022. DBGI expects its revenue for 2022 to be around US$37.5 million and US$42.5 million, up 350 percent from its 2021 revenue exp.....
Why are NAKD, BBIG stocks drawing investors’ attention?
September 28, 2021 05:42 PM PDT| By Ipsita SarkarHighlights Naked Brand Group (NASDAQ: NAKD) signaled a possible merger with a clean technology company, although nothing has been finalized yet. Vinco Ventures, Inc’s (NASDAQ: BBIG) subsidiary EVNT Platform is set to launch the world's fi.....
GOTU & EDU: Two trending Chinese education stocks on Wednesday
September 22, 2021 03:48 PM PDT| By Team Kalkine MediaHighlights Gaotu Techedu Inc. (NYSE: GOTU) revenue grew by 35.3% YoY in Q2, 2021. The stock jumped around 26% on Wednesday. New Oriental Education & Technology Group, Inc. (NYSE: EDU) rose about 5%. It has a P/E ratio of 8.29. GOTU stock .....
5 airline stocks to watch as US opens travel for vaccinated visitors
September 21, 2021 02:09 PM PDT| By Ipsita SarkarHighlights Southwest Airlines Company’s (NYSE: LUV) operating revenue rose more than 297% YoY. The stock of American Airlines Group Inc. (NASDAQ: AAL) gained 34.37% YTD. The operating revenue of Alaska Air Group, Inc. (NYSE: ALK) increas.....
Alibaba (BABA) stock dives over 3% amid Evergrande crisis
September 20, 2021 09:57 AM PDT| By Sanjeeb BaruahHighlights Chinese stocks declined as the Evergrande crisis and a government clampdown on tech companies continued. Alibaba stock jumped over 2% on Sep 17 after J.P. Morgan announced to offer credit card payments services on Alibaba.com. Aliba.....
Top five mid-cap retail stocks with more than 100% YTD gain
September 17, 2021 12:27 PM PDT| By Ipsita SarkarHighlights Apparel, cosmetics, and home furnishing company Dillard's, Inc. (NYSE: DDS) stock gained 222% YTD. The stock closed at US$202.54 on Sep 16. Diamond jewelry retailer Signet Jewelers Limited (NYSE: SIG) runs 2,837 stores and kiosks glo.....
SBUX, BYND & APRN: Three trending food, restaurant stocks Thursday
September 16, 2021 09:55 AM PDT| By Ipsita SarkarHighlights Starbucks stock has been volatile and fell nearly 4% in the last five sessions. The stock closed at US$114.64 on Sep 15. Beyond Meat stock fell 2.9% in the same period. It closed at US$110.81 on Sep 15. Blue Apron Holdings was found.....
Top betting stocks to watch amid NFL craze, Macau casino review
September 15, 2021 02:47 PM PDT| By Sanjeeb BaruahHighlights The stock value of Wynn Resorts, Limited (NASDAQ: WYNN) fell 13.7% YTD. The stock of Las Vegas Sands Corp (NYSE: LVS) plunged 33.2% YTD. DraftKings Inc. (NASDAQ: DKNG) expects its full-year revenue to be between US$1.21 bn and US$1......
Five online education stocks to watch as Delta cloud hangs thick
September 14, 2021 03:06 PM PDT| By Sanjeeb BaruahHighlights Chegg, Inc. (NYSE: CHGG) has a market cap of US$10.89 billion. The stock fell 16.46% YTD. Stride, Inc. (NYSE: LRN) focuses on K-12 education. The stock gave around 58.41% return YTD. Grand Canyon Education, Inc. (NASDAQ: LOPE) offer.....
Will these 5 travel stocks survive as Delta variant saps confidence?
September 13, 2021 10:12 AM PDT| By Ipsita SarkarHighlights Las Vegas Sands Corp’s (NYSE: LVS) net revenue was US$1.17 billion in Q2, FY21. Booking Holdings Inc’s (NASDAQ: BKNG) net loss was US$167 million in Q2, FY21. Royal Caribbean Cruises (NYSE: RCL) total revenue was US$50.9.....
7 mid-cap consumer service stocks to keep an eye on
September 07, 2021 04:29 PM PDT| By Ipsita SarkarHighlights Scientific Games Corp (NASDAQ: SGMS) generated a 75.20% return YTD. The stock closed at US$70.06 on Sep 3. Boyd Gaming Corporation (NYSE: BYD) has a P/E ratio of 21.07. The stock rose 45.32% YTD. Wingstop Inc. (NASDAQ: WING) has a P.....
Five gaming stocks to keep an eye on as industry continues to expand
August 31, 2021 04:46 PM PDT| By Ipsita SarkarHighlights Corsair Gaming, Inc. (NASDAQ: CRSR), the high-performance game gear provider, has a P/E ratio of 18.11. Elys Game Technology (NASDAQ: ELYS), a sports betting and gaming service provider, has a market capitalization of US$109.3 millio.....
Sunlands (STG) effects change in ADS ratio, stock flies. Know more
August 31, 2021 08:45 AM PDT| By Sanjeeb BaruahHighlights Sunlands Technology Group (NYSE: STG) has changed its ADS ratio to class A ordinary shares effective from Tuesday. The shareholders will not be impacted by the decision. The stock jumped 7.34% at 9:36 am ET after the announcement.&n.....