Retail Stocks

Why is ChannelAdvisor (ECOM) stock gaining traction today?

  • September 06, 2022 07:01 AM PDT | Rupam Roy
 Why is ChannelAdvisor (ECOM) stock gaining traction today?

The ECOM stock added more than 54 per cent in the morning trading on September 6, after entering into a definitive agreement to be acquired by another firm.

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2 US retail stocks to watch amid recession fears: WMT & KR

2 US retail stocks to watch amid recession fears: WMT & KR

The retail and consumer sectors are often expected to note a rise in demand amid economic downturns like inflation as more people tend to spend less outside and cook their own meals.

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Kohl’s Corp mulls US$8-bn buyout offer from Franchise Group

Kohl’s Corp mulls US$8-bn buyout offer from Franchise Group

Kohl’s Corp (NYSE: KSS) has been holding exclusive talks with Franchise Group Inc. for a buyout deal worth US$8 billion. Both the companies issued separate statements on Monday about entering a three-week discussion to deliberate on the Fran...

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Will Target Corp (TGT) stock rebound after right-sizing inventory?

Will Target Corp (TGT) stock rebound after right-sizing inventory?

Highlights: Target Corporation (NYSE: TGT) announced a quarterly operating margin cut on Tuesday, weeks after its Q1 results. The company plans to offer discounts on products to clear excess inventory. It intends to add five distribution cente...

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Dollar General Corp (DG) stock surges 10.84% after raising sales guidance

Dollar General Corp (DG) stock surges 10.84% after raising sales guidance

Dollar General Corporation (NYSE: DG) on Thursday reported its quarterly earnings for the first quarter ended April 29, 2022. Its stock jumped 10.84% to US$216.52 at 10:53 am ET after announcing the better-than-expected results. The company report...

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Dick’s Sporting Goods Inc (DKS) cuts earnings guidance after sales dip

Dick’s Sporting Goods Inc (DKS) cuts earnings guidance after sales dip

Dick’s Sporting Goods, Inc.’s (NYSE: DKS) Q1 2022 results on Wednesday showed a decline in its sales. The biggest sporting goods retailer in the US posted earnings per diluted share of US$2.47. The company’s non-GAAP earnings per...

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Ralph Lauren’s (RL) Q4 revenue grows 18%, outpacing estimates

Ralph Lauren’s (RL) Q4 revenue grows 18%, outpacing estimates

Highlights: Ralph Lauren’s revenue for the fourth quarter of fiscal 2022 jumped 18%. Ralph Lauren posted earnings per diluted share of US$0.34 on a reported basis. Ralph Lauren’s fourth-quarter gross profit for fiscal 2022 was US$9...

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Kohl’s (KSS) slashes profit forecast on inflation worries; stock up 4%

Kohl’s (KSS) slashes profit forecast on inflation worries; stock up 4%

Highlights: Kohl’s Corporation (NYSE: KSS) posted net sales of US$5.47 billion in the first quarter of 2022. KSS’s revenue of US$3.71 billion is down from the previous year’s US$3.88 billion. The retailer cuts its full-year p...

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Target Corp’s Q1 profit dips, Lowe’s net earnings touch US$2.3 bn

Target Corp’s Q1 profit dips, Lowe’s net earnings touch US$2.3 bn

Highlights: Target Corporation’s (NYSE: TGT) Q1 net profit skids 52% to US$1.01 billion. Target’s shares plummeted 26% following a poor earnings report. Lowe's Companies, Inc.’s (NYSE: LOW) first-quarter FY-22 comparable sale...

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WMT stock drops 10% on weak earnings, HD rise on positive guidance

WMT stock drops 10% on weak earnings, HD rise on positive guidance

Highlights: Walmart Inc. (NYSE: WMT) reported revenue of US$141.6 billion in the first quarter. Home Depot Inc. (NYSE: HD) posted first-quarter sales of US$38.9 billion. Walmart’s international net sales stood at US$23.8 billion. US...

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DDS to PAG: Five retail stocks to watch amid rising inflation

DDS to PAG: Five retail stocks to watch amid rising inflation

Highlights  Dillard's, Inc. (NYSE: DDS) has a P/E ratio of 6.5 and a dividend yield of 0.25%. Murphy USA Inc. (NYSE: MUSA) stock has a P/E ratio of 12.97. Its dividend yield is 0.47%, with an annualized dividend is US$1.24. Penske Automot...

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