Retail Stocks

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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Allbirds IPO (BIRD): Stock jumps 90% in Nasdaq debut

Allbirds IPO (BIRD): Stock jumps 90% in Nasdaq debut

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...

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Estee Lauder (EL) posts net income of US$692 million in Q1

Estee Lauder (EL) posts net income of US$692 million in Q1

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...

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Coca-Cola to fully acquire sports drink brand BodyArmor for US$5.6 bn

Coca-Cola to fully acquire sports drink brand BodyArmor for US$5.6 bn

Highlights Monday's announcement marks a major shift from its strategy to discontinue energy drinks and focus on sodas last year. Coca-Cola said BodyArmor currently has a 50% growth rate, with US$1.4 billion in annual retail sales. The bever...

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Colgate-Palmolive’s (CL) net income declines but revenue up

Colgate-Palmolive’s (CL) net income declines but revenue up

Highlights Colgate-Palmolive Company (NYSE: CL) net and organic sales grew by 6.5% and 4.5%, respectively, in the third quarter of 2021. The company’s net income was US$634 million compared to US$698 million a year ago. The company...

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Trick-or-Treating: Here’re five Halloween stocks to explore

Trick-or-Treating: Here’re five Halloween stocks to explore

Highlights Mondelez International, Inc’s (NASDAQ: MDLZ) revenue rose 12% YoY in Q2, FY21. Gap, Inc’s (NYSE: GPS) net sales surged 29% YoY in Q2, FY21. The Hershey Company’s (NYSE: HSY) net sales grew over 6% YoY in Q3, FY21. ...

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McDonald's (MCD) Q3 profits soar as global store sales grow

McDonald's (MCD) Q3 profits soar as global store sales grow

Highlights McDonald's consolidated revenue increased by 14% YoY to US$6.20 billion in the quarter. The net income jumped 22% YoY to US$2.15 billion from 1.76 billion in Q3, 2020. McDonald's US sales were up 9.6% YoY in the quarter, while glo...

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Coca Cola (KO), Kraft Heinz (KHC) raise outlook after Q3 results

Coca Cola (KO), Kraft Heinz (KHC) raise outlook after Q3 results

Highlights Coca-Cola Company (NYSE: KO) net revenues for the third quarter ended Oct 1, 2021, grew 16% to US$10.0 billion. The Kraft Heinz Company (NASDAQ: KHC) reported a 1.3% growth in organic net sales YoY. Its net income grew 23.2% YoY to U...

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Crocs Inc. (CROX) stock jumps on strong Q3 results, revenue guidance

Crocs Inc. (CROX) stock jumps on strong Q3 results, revenue guidance

Highlights Crocs’ revenue jumped 73.0% YoY to US$625.9 million, helped by strong sales growth, mainly in the Americas, followed by Asia Pacific, Europe, Middle East, and Africa. The company’s online sales accounted for 36.8% of the ...

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As Halloween shopping gets underway, here’re five stocks to consider

As Halloween shopping gets underway, here’re five stocks to consider

Highlights The National Retail Federation (NRF) expects Halloween spending to be around US$10.1 billion this year. The Hershey Company (NYSE: HSY) is expected to report its third-quarter earnings on Oct 28.  Walmart Inc. (NYSE: WMT) will ...

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Are you an ETF fan? Here’re five rising retail ETFs to explore in Q4 

Are you an ETF fan? Here’re five rising retail ETFs to explore in Q4 

Highlights  The SPDR S&P Retail ETF (XRT) gave around 41% return YTD. Its closing price was US$89.63 on Oct 6. The First Trust Nasdaq Retail ETF (FTXD) gave a YTD return of 20.44%, and its dividend yield is 1.03. VanEck Retail ET...

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