10 retail stocks to explore as economy improves

• May 26, 2021 12:52 PM PDT
• Team Kalkine Media

Bernard Arnault, the chairman of one of the world’s most famous luxury brands Louis Vuitton (EPA: MC), overtook Amazon founder Jeff Bezos as the world’s richest person this week. The French business tycoon’s fortunes skyrocketed ...

• May 20, 2021 07:52 PM PDT
• Team Kalkine Media

Summary Sales, excluding gasoline, increased marginally by 0.3% in Q1, compared to the year-ago period. The retailer has a strong presence on the US eastern coast; it currently has 221 clubs and 151 BJ's gas stations in 17 states. Gross profit...

• May 20, 2021 04:58 PM PDT
• Team Kalkine Media

Summary Kohl’s revenue soared 60.1 percent year-over-year in the first quarter. The retailer posted income of US$14 million, or 9 cents per share. Kohl’s stock surged 47 percent YTD. Kohl’s Corporation (NYSE:KSS) stock p...

• May 19, 2021 11:17 AM PDT
• Kiran Murali

The stock of Target Corporation (NYSE: TGT) rose over 4 percent on Wednesday morning, May 19, after the retailer posted a 639 percent year-over-year growth in its fiscal first-quarter earnings. The Minneapolis-based general merchandise retailer re...

• May 19, 2021 11:00 AM PDT
• Team Kalkine Media

Summary The home improvement company recorded revenue of US$2.3 billion in Q1. Sales surged 25.9% to US$24.4 billion, aided by pandemic-fuelled demand. Lowe’s also had repurchased 16.8 million shares and paid US$440 million in dividends ...

• May 18, 2021 05:29 PM PDT
• Team Kalkine Media

Summary 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...

• May 18, 2021 04:59 PM PDT
• Team Kalkine Media

The 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...

• May 18, 2021 11:34 AM PDT
• Team Kalkine Media

Summary 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...

• May 10, 2021 06:03 PM PDT
• Team Kalkine Media

Summary Estée Lauder’s stock recently rallied to its 52-week high of US$318.34. Shares of New York-based cosmetics company Coty are up 27 percent this year. NYSE-listed Estée Lauder Companies Inc. (NYSE: EL) and Coty In...

• May 06, 2021 11:24 AM PDT
• Team Kalkine Media

Summary Etsy registered a 100% growth over the past year as active buyers soared to 16.3 million. Wayfair saw 52% jump in stock value as business grew in the US and Europe. The number of Wayfair’s active customers soared 57% YoY to 33.2 ...