- September 04, 2022 05:30 AM PDT
- Rupam Roy
- August 16, 2022 08:47 AM PDT
- Rupam Roy
Levi Strauss (NYSE: LEVI) stock pops on FY’21 outlook, Q2 profit
- July 09, 2021 07:28 AM PDT | Kiran Murali
Levi Strauss & Co. (NYSE: LEVI) saw its stock jump 5 percent when the market opened on Friday as the company raised its fiscal 2021 outlook following a strong performance in its fiscal second quarter. The San Francisco-based apparel retailer s...Read More...
Know the 10 biggest retail companies around the world in 2021
- July 08, 2021 10:41 PM PDT | Manika
The year 2020 was the best and the worst year for the retail sector. It was the best year as shoppers who were working from home had a new set of needs, especially the need for online shopping. Retailers had to reinvent themselves to develop online...Read More...
Newegg Commerce stock (NEGG) doubles on PC assembly service
- July 07, 2021 11:32 AM PDT | Kiran Murali
Summary The California-based online electronics retailer’s stock (NASDAQ: NEGG) more than doubled on Wednesday’s trading. Newegg Commerce said it started a build-to-order offering, which provides professional assembly service of per...Read More...
Walgreens (WBA) stock drops despite Q3 profit, improved FY’21 outlook
- July 01, 2021 08:07 AM PDT | Kiran Murali
Summary Walgreens stock plunged over 7 percent on Thursday morning. The pharmacy chain anticipates fiscal 2021 adjusted EPS to grow around 10%. Walgreens’ fiscal third quarter sales increased 10.4 percent to US$34.0 billion. Walgree...Read More...
Warby Parker IPO: Eyewear company files for confidential US listing
- June 23, 2021 12:32 PM PDT | Team Kalkine Media
Eyewear retailer Warby Parker has confidentially filed for stock market listing with the Securities and Exchange Commission on June 22, the company said. The prescription eyewear company was founded in 2010. Wharton University graduates Jeffrey Ra...Read More...
Krispy Kreme IPO: DNUT Stock Price to Valuation, all details here
- June 23, 2021 06:30 AM PDT | Kiran Murali
Donut chain Krispy Kreme Inc. is planning to raise up to US$640 million in its initial public offering, according to an SEC filing. The company plans to trade under the ticker ‘DNUT’ on NASDA...Read More...
10 retail stocks to explore as economy improves
- June 14, 2021 12:16 PM PDT | Team Kalkine Media
Summary In Q1 of 2021, Big Lots’ net income was US$94.6 million or US$2.62 per diluted share. In the same period last year, its net income was US$49.3 million. Ulta Beauty’s net sales were US$1.9 billion, up 65.9% YoY, and net incom...Read More...
Strong Q1 Results, Improved Outlook Boost Signet, RH Stocks
- June 10, 2021 03:42 PM PDT | Kiran Murali
Stocks of Signet Jewelers Limited (NYSE:SIG) and RH (NYSE: RH) rallied as much as 22 percent and 16 percent respectively on Thursday’s trading after the companies reported their first-quarter results that exceeded their estimates. Jewelry re...Read More...
Costco Stock Declines As Company Flags Inflationary Pressures
- May 28, 2021 08:36 PM PDT | Kiran Murali
Summary Costco is facing inflationary pressures, including higher labor, freight costs, and higher transportation demand. Fiscal Q3 comparable sales climbed 20.6 percent, e-commerce sales up 41.2 percent. Costco Wholesale Corporation (NASD...Read More...
Trending Retail Stocks: Dick’s Sporting, Urban Outfitters, Nordstrom
- May 26, 2021 04:57 PM PDT | Kiran Murali
Summary DICK’s Sporting raised its revenue, earnings outlook for fiscal 2021. Urban Outfitters’ comparable retail segment sales grow 51 percent in Q1. Nordstrom’s Q1 net sales jumped 44 percent year over year. Stocks of ...Read More...