Thanksgiving Day: Top stocks to watch as holiday sales kickstarts

Shares of Foot Locker, Inc. (NYSE: FL) fell more than 12% on Friday after the company reported weak third-quarter results and voiced concerns over the continued supply chain disruptions. The FL stock plunged 12.91% to US$50.1299 in intraday tradin...

Highlights Chewy, Inc. (NYSE: CHWY) sales increased over 26% YoY in Q2, FY21. Shopify Inc. (NYSE: SHOP) revenue jumped around 46% YoY in Q3, FY21. Amazon.com, Inc. (NASDAQ: AMZN) sales rose about 15% YoY in Q3, FY21. The Covid-19 pandemic...

Highlights Walmart Inc.'s (NYSE: WMT) revenue increased 4.3% YoY to US$140.5 billion. It raised the full-year adjusted EPS guidance to around US$6.40. Home Depot, Inc. (NYSE: HD) reported net sales of US$36.8 billion, up 9.8% YoY in Q3, 2021. ...

Highlights Most analysts expect the Ohio-based firm to report EPS growth of US$0.31 in the third quarter. In the quarter ended July 2021, its EPS was US$1.29 against analysts’ expectations of US$0.22. Macy’s net income in the July...

Highlights Many top retailers are all set to declare their quarterly results this week. Walmart Inc. (NYSE: WMT) will announce its Q3 results on Nov 16 and Target Corporation (NYSE: TGT) will release results on Nov 17. Amid the rising demand f...

Highlights Analysts forecast an EPS growth of US$3.4 in the third quarter, up from US$3.18 in the same period a year ago. In the fiscal quarter ended July, its EPS was US$4.53, more than analysts’ forecast of US$4.43. Nearly three dozen...

Highlights Tyson Foods, Inc’s (NYSE: TSN) GAAP operating income in fiscal 2021 was US$4,396 million, up 46% YoY, and in Q4, it was up 98% YoY to US$1,909 million. Oatly Group AB (NASDAQ: OTLY) revenue was US$171.1 million in the thir...

Highlights Chewy Inc. (NYSE: CHWY) and Etsy Inc. (NASDAQ: ETSY) stocks rose over 7% on Friday. CHWY stock declined 14.44% YTD, while the ETSY stock grew 52.97% in the same period. Chewy’s net sales jumped 26.8% in the August quar...

Allbirds, Inc. (NASDAQ: BIRD) stock closed the first-day trading on NASDAQ Wednesday with over 90% gain. The price had more than doubled in intraday trading, rising as much as US$31.  IPO price Allbirds Inc priced its Class A Common Sto...

Highlights Estee Lauder Companies, Inc. (NYSE: EL) posted net sales of US$4,392 million, up 23% YoY. Its earnings per share diluted increased by 32%, and adjusted EPS diluted rose 29%. The company expects net sales to be in the upward range of...