Consumer

Blackstone Products (BLKS) to go public via SPAC – know details

December 24, 2021 03:38 AM AEDT | By Versha Jain

Highlights Blackstone Products is going public in a SPAC merger with Ackrell SPAC Partners I Co. (NASDAQ: ACKIU). The company’s pro-forma en...

Yearender: Consumer stocks that created a buzz in 2021

December 22, 2021 01:41 AM AEDT | By Rupam Roy

Highlights Signet Jewelers Limited (NYSE: SIG) expects its total revenue to be between US$2.40 and US$2.48 in Q4, FY22. Shares of Albertsons Compa...

Why Allbirds Inc’s (BIRD) stock trending? Footwear firm sees 18% hik...

December 16, 2021 02:17 AM AEDT | By Rupam Roy

Highlights Allbirds designs and manufactures eco-friendly footwear and apparel. The BIRD stock was up 17.59% from its previous close. Allbirds an...

Terminix Global Holdings: Why is pest control firm’s TMX stock soari...

December 15, 2021 05:00 AM AEDT | By Rupam Roy

Highlights Rentokil has agreed to acquire Terminix. The deal values Terminix around US$6.7 billion. The enlarged firm will trade on the London St...

Top consumer stocks that shined in 2021

December 13, 2021 09:18 AM AEDT | By Versha Jain

Highlights Lowe's Companies, Inc. (NYSE: LOW) has a P/E ratio of 22.5. Its stock closed at US$258.15 on Dec 9, 2021. The stock gained 61.42% YTD....

Will these five travel stocks weather the Covid-19 threat in 2022?

December 09, 2021 07:51 AM AEDT | By Rupam Roy

Highlights Marriott International (NASDAQ: MAR) logged revenue of US$3.94 billion in Q3, FY21. American Airlines Group Inc. (NASDAQ: AAL) CEO Doug...

Why did Del Taco (TACO) stock skyrocket 65% today?

December 07, 2021 07:34 AM AEDT | By Rupam Roy

Highlights Del Taco Restaurants, Inc. (TACO) has entered into a definitive agreement to get acquired by Jack in The Box (JACK) for around US$575 mi...

KC Holdco IPO: KLC stock to debut in NYSE today, what we know so far

November 19, 2021 02:19 AM AEDT | By Versha Jain

Highlights KC Holdco, LLC. will make its stock market debut on NYSE Thursday under the ticker ‘KLC’.  It has set the IPO price ran...

Peloton stock (PTON) gets a lift after 23.9 mn share sale offer

November 17, 2021 11:38 AM AEDT | By Sanjeeb Baruah

Highlights Peloton said it plans to sell around 23.9 million shares of its Class A common stock for US$46 per share, which will fetch about US$1.07...

Looking for REITs? here’re five stocks that gave over 75% YTD return

November 13, 2021 06:12 AM AEDT | By Versha Jain

Demand for houses, the work-from-home culture, and limited supplies drove the US property prices to record highs in recent months. The median sales pr...

Too hot or warming up? Nine consumer stocks with over 100% YTD retur...

November 10, 2021 08:09 AM AEDT | By Team Kalkine Media

Highlights Consumers’ income and spending expectations for the next 12 months increased in November, a survey of the New York Federal Reserve...

Gaotu (GOTU) stock on investors’ radar – is it worth exploring?

November 09, 2021 05:01 AM AEDT | By Ipsita Sarkar

Highlights Several law firms are probing claims on behalf of Gaotu Techedu Inc. (NYSE: GOTU) investors concerning whether Goldman Sachs and Morgan...

Why are Penn National (PENN), Peloton Interactive (PTON) stocks divi...

November 06, 2021 02:45 AM AEDT | By Team Kalkine Media

Highlights Penn National Gaming, Inc. is down after weak results and also possibly because of its engagement with Barstool Sports, whose founder Da...

Seven HR stocks to explore amid tight labor market

October 30, 2021 07:56 AM AEDT | By Ipsita Sarkar

Highlights Insperity, Inc. (NYSE: NSP) has a dividend yield of 1.46%. Its stock rose 51.54% YTD. Automatic Data Processing, Inc. (NASDAQ: ADP) has...

Yum! (YUM) beats profit estimates, Hershey (HSY) raises guidance

October 29, 2021 06:18 AM AEDT | By Sanjeeb Baruah

Highlights Yum! Brands’ (NYSE: YUM) system sales grew 8%, excluding foreign currency translation. CEO David Gibbs said the purchase of Drag...

Sony Corp (SONY) posts net income of US$1.94 bn in Q2

October 29, 2021 01:55 AM AEDT | By Sanjeeb Baruah

Highlights Sony Corp’s (NYSE: SONY) total revenue was US$21.52 billion in the quarter. The Tokyo-based company has increased its full-year...

Travel stocks to watch as the US lifts restrictions

October 28, 2021 10:55 AM AEDT | By Ipsita Sarkar

The travel industry is upbeat after President Joe Biden lifted the previous covid restrictions on foreign travelers from nearly three dozen countries,...

Boston Beer (SAM) & Chipotle Mexican Grill (CMG) see Q3 revenue gain...

October 23, 2021 02:27 AM AEDT | By Team Kalkine Media

Highlights Boston Beer Company, Inc. (SAM) posted net revenue of US$561.6 million for the third quarter of 2021, a 14% increase YoY. The revenue o...

Netflix (NFLX) beats estimates in Q3, adds record subscribers

October 20, 2021 12:01 PM AEDT | By Sanjeeb Baruah

Highlights Netflix’s subscribers grew by 4.4 million in the quarter against an estimated 3.84 million. Netflix’s revenue jumped 16% Yo...

Top chocolate and bakery stocks to explore for a sweet tooth

October 20, 2021 08:32 AM AEDT | By Ipsita Sarkar

Highlights The advance estimates of US retail and food services sales for September 2021 were US$625.4 billion, a 13.9% increase from September 202...