AUS
NZ
UK
CA
USA
IND
Consumer
Krispy Kreme IPO: DNUT stock jumps 23% on NASDAQ debut
July 01, 2021 03:56 PM PDT| By Kiran MuraliSummary The doughnut company’s stock ended Thursday’s trading at US$21, up 23 percent. Krispy Kreme priced its IPO at US$17 per share, well below the expected range of US$21 to US$24. The company raised US$500 million in the offeri.....
Top plant-based food stocks to watch in July
June 30, 2021 03:31 PM PDT| By Team Kalkine MediaSummary Beyond Meat Inc. (Nasdaq: BYND) stock price surged 26.35 percent YTD. Tattooed Chef (Nasdaq: TTCF) reported revenue of US$58.7 million in Q1, 2021, up 59% YoY. Ingredion Incorporated (NYSE: INGR) stock price rose 14.27% YTD and 8.57% Y.....
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 billion. Bed Bath & Beyond reported a 49 percent growth in its first-quarter net sales. .....
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 during the full fiscal year 2021. NIKE projects fiscal 2022 revenue to grow in low double digits and.....
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 quarter ending on June 30. The PENN stock gained 130% in the past year. The stock of Penn Nation.....
.jpg)
Krispy Kreme IPO: DNUT Stock Price to Valuation, all details here
June 23, 2021 06:30 AM PDT| By Kiran MuraliDonut chain Krispy Kreme Inc. is planning to raise up to US$640 million in its initial public offering, according to an SEC filing. The company plans to trade under the ticker ‘DNUT’ on NASDA.....
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 companies have already warned about inflationary pressure, while some have announced plans to increase the...
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 million consolidated revenue in Q1, 2021. eBay, a global e-commerce leader, recorded US$3 billion in.....
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 Depop for US$1.63 billion. Bed Bath & Beyond Inc. (NASDAQ: BBBY) and Etsy, Inc. (NASDAQ: ETSY.....
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 meme stocks recorded massive gains this year amid a rally fueled by Reddit’s Wall Street Bet.....
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. Travel restrictions in Macao, Singapore, impact Las Vegas Sands performance. The hospitalit.....
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 to 23 percent in fiscal 2021. Beyond Meat and Tattooed Chef saw strong growth in Q1 sales. S.....
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 increased to US$4.5 billion in the fourth quarter ended February 2021. The stocks had pulled bac.....
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 cruising from August. With the easing of pandemic restrictions, hopes are high for cruise operat.....
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. Activision Blizzard’s GAAP net revenue was US$2.28 billion in Q1 of 2021. .....
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$108.2 million. The stock is up 154 percent since its NASDAQ listing in 2019. Beyond Meat, Inc.....
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 American depositary shares at an offering price of US$17 apiece on Wednesday, bringing its valuation to.....
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 customers in Q1 ended May 1. The company’s stock is up 68 percent year to date, while it grew 243.....
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 earnings per share diluted, in the year-ago period. The company’s net sales rose 32.7% to U.....
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 period. The company’s consolidated operating income surged 32.3% to US$6.9 billion, and its.....
