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Retail
Dunelm Reports Profit and Sales Increase Despite Market Challenges
September 11, 2024 11:29 PM AEST| By Team Kalkine MediaA prominent player of,retail sector,, Dunelm has reported an increase in both profit and sales for the fiscal year, despite facing a "softer" market environment. For the 52 weeks ending 29 June, the company achieved a 6.6% rise in pre-tax profit, rea...
Asos Reduces Debt Significantly After Topshop Sale
September 11, 2024 10:54 PM AEST| By Team Kalkine MediaIn the,retail sector,, Asos has announced a substantial reduction in its debt following the recent sale of its majority stake in Topshop and Topman. The online-only retailer revealed on Wednesday that it has cut its net debt by approximately £150 mil...
Dollar Tree Stock Declines Despite Profit Increase
September 11, 2024 09:53 PM AEST| By Team Kalkine MediaIn the,retail sector,, Dollar Tree Inc. has recently experienced a significant decline in its stock value, falling by 55% over the past year. This drop comes despite the company reporting increased profits and improved financial metrics.,Financial Pe...
GameStop Shares Drop Despite First Q2 Profit in Seven Years
September 11, 2024 07:41 PM AEST| By Team Kalkine MediaGameStop Corp, operating in the,retail sector,, experienced a decline in share prices during after-market trading, despite reporting its first profitable second quarter in seven years. The gaming retailer posted a net income of $14.8 million for the...
Big Lots, Inc. (NYSE:BIG) Enters Sale Agreement with Nexus Capital Management LP
September 09, 2024 03:19 PM AEST| By Team Kalkine MediaBig Lots, Inc. (NYSE:BIG), a well-known name in extreme value retailing, has announced a significant strategic shift aimed at revitalizing its operations and financial health. The company has entered into a Sale Agreement with an affiliate of Nexus C...
Nomad Foods' New Debt: A Bold Bet or a Risky Move?
September 05, 2024 04:37 AM AEST| By Team Kalkine MediaNomad Foods, a notable entity in the,Retail sector,, has recently taken on additional debt, which introduces a level of financial risk. Operating within the retail sector, Nomad Foods’ decision to increase its debt load reflects a strategic move that...
Coupang's Debt Management Strategies Draw Attention
August 31, 2024 01:26 AM AEST| By Team Kalkine MediaIn recent news within the,retail sector,, Coupang has garnered attention for its approaches to managing debt. The company’s financial strategies, particularly related to its handling of debt, have become a focal point of discussion. This report explo...
Gap’s Revenue and Earnings Exceed Expectations; Stock Gains 2%
August 30, 2024 03:30 PM AEST| By Team Kalkine MediaGap Inc. (NYSE:GAP) is beginning to show signs of a turnaround as the iconic retailer delivered better-than-expected results in the second quarter of 2024. Revenue for the quarter rose by 5% to $3.72 billion, surpassing analysts’ estimates of $3.63 b...
Vital Farms Inc. Attracts Attention Amid Recent Developments
August 29, 2024 02:19 AM AEST| By Team Kalkine MediaIn the,Retail sector,, Vital Farms Inc. has recently drawn attention due to notable developments surrounding the company. The current focus on Vital Farms highlights its performance and recent changes that are influencing its standing within the indu...
Stitch Fix Inc. Shares Plunge Amid Key Factors Behind the Drop
August 29, 2024 02:18 AM AEST| By Team Kalkine MediaIn the,retail sector,, Stitch Fix Inc. has seen a notable decline in its share price, with a decrease of approximately 25%. This significant drop has raised questions about the factors contributing to the recent performance of the company’s stock.,De...
Tyson Foods' Recent Stock Performance: A RetailSector Review
August 28, 2024 05:22 AM AEST| By Team Kalkine MediaTyson Foods, a prominent company in the,Retail sector,, has experienced notable changes in its stock performance. Traded under the ticker TSN, the company’s stock has recently shown a decline, which has significant implications for its position withi...
Couche-Tard Expresses Interest in Acquiring 7-Eleven
August 26, 2024 05:00 PM AEST| By Team Kalkine MediaIn the,retail sector,, Couche-Tard has announced its interest in acquiring 7-Eleven, one of the largest convenience store chains globally. This potential acquisition marks a significant development in the industry, as Couche-Tard seeks to expand its...
Retail Stock to Watch Before the Big Back-to-School Boom
July 24, 2024 05:00 PM AEST| By Team Kalkine MediaSummary:,As the retail season becomes increasingly compressed, the back-to-school period is a crucial time for observing shifts in consumer spending and retail performance.,The retail calendar continues to evolve, with each year bringing a shorter wi...
The Home Depot (HD) Completes $18.25 Billion Acquisition of SRS Distribution
June 26, 2024 04:28 PM AEST| By Team Kalkine MediaThe Home Depot® (HD), the world's largest home improvement retailer, has successfully completed the acquisition of SRS Distribution, Inc. ("SRS") for an enterprise value of approximately $18.25 billion. Announced on March 28, 2024, this acquisition m...
Polestar (Nasdaq: PSNY) Expands Retail Operations and Geographic Footprint in Europe and Beyond
June 18, 2024 03:56 PM AEST| By Sonal GoyalPolestar (,Nasdaq: PSNY,) is strategically expanding its commercial footprint and retail operations across existing and new markets, aligning with its growing model lineup. This expansion is part of the company's broader initiative to enhance accessi...
Target Corporation (NYSE: TGT) Reports First Quarter 2024 Financial Results
May 23, 2024 07:34 AM AEST| By Team Kalkine MediaTarget Corporation (,NYSE: TGT,) today released its first quarter 2024 financial results, showing sales and profit performance consistent with the company's prior projections. The company reported GAAP and adjusted earnings per share (EPS) of $2.03,...
Two retail sector stocks to watch ahead of US retail sales data
August 15, 2023 07:44 PM AEST| By Akanksha VashishtSummary,On Monday, August 14, 2023, the S&P 500 index rose by 65 basis points.,General Motors Company, a renowned car brand, reported a revenue of US$44.74 billion for the three months ended June 30, 2023.,Hilton Worldwide Holdings Inc., a luxury hot...
Will Burlington Stores, Inc. (NYSE: BURL) Maintain Its Above-Average Return on Equity (ROE) Compared to the Industry?
July 13, 2023 09:04 PM AEST| By Team Kalkine MediaBurlington Stores, Inc., listed on the New York Stock Exchange (NYSE) under the ticker symbol BURL, has been known for its above-average return on equity (ROE) compared to the industry. While examining,NYSE retail stocks,, it is worth exploring wheth...
Retail Disruption: Unlocking the Future of NYSE's Retail Stocks
May 19, 2023 06:35 PM AEST| By Team Kalkine MediaThe retail industry is undergoing a significant transformation, driven by technological advancements and shifting consumer preferences. Investing in NYSE retail stocks provides investors with the opportunity to unlock the future potential of this sec...
Two e-commerce stocks to watch out for in May
May 01, 2023 08:04 PM AEST| By Akanksha VashishtSummary,The e-commerce segment has seen immense growth during the pandemic as online retailing became a mainstream method of shopping for consumers.,Amazon reported net sales of US$ 127.4 billion during Q1 2023, which was a jump of 9% over Q1 2022.,E...
