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Retail
DDS to PAG: Five retail stocks to watch amid rising inflation
May 17, 2022 04:16 AM AEST| By Versha JainHighlights 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.....
Why Redbox Entertainment Inc. (RDBX) stock soared 66%?
May 03, 2022 06:17 AM AEST| By Versha JainHighlights Redbox Entertainment Inc. (NASDAQ: RDBX) is an entertainment company. The RDBX stock jumped 66.05% to US$9.93 at 2:05 pm ET on Monday. Its trading was halted twice on Monday. The Redbox Entertainment Inc. (NASDAQ: RDBX) s.....
Why is Designer Brands, Inc. (NYSE: DBI) stock trending on Wall Street?
April 09, 2022 02:49 AM AEST| By Rupam RoyShares of Designer Brands, Inc. (NYSE: DBI) was up 4% after the company outlined its long-term plans at its 2022 Investor Day event at the New York Stock Exchange (NYSE) on Friday. The DBI stock soared over 4% after the program started at 9:45 am .....
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Why Bed Bath & Beyond (BBBY) stock skyrocketed today?
March 08, 2022 03:48 AM AEDT| By Sanjeeb BaruahShares of US retailer Bed Bath & Beyond (BBBY) rose about 60% on Monday, taking investors by surprise. The stock was hovering around US$25.6, or 58.3% up at 10:03 am ET. The stock rallied after Chewy Inc co-founder, and GameStop Corp (GME) CEO.....
ETSY, AMZN, CPNG among top 5 e-commerce stocks to explore in March
March 04, 2022 06:48 AM AEDT| By Rupam RoyHighlights Amazon.com, Inc. (NASDAQ: AMZN) stock value increased by more than 9% over the past 30 days. Coupang, Inc. (NYSE: CPNG) revenue rose 34% YoY in Q4, FY21. Etsy, Inc. (NASDAQ: ETSY) expects its first-quarter fiscal 2022 revenue to be .....
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Retail stocks to watch: HD, DLTR among top five in spotlight
February 27, 2022 07:28 PM AEDT| By Rupam RoyHighlights Home Depot, Inc. (NYSE: HD) revenue rose over 10% in Q4, FY21. Dollar Tree Inc. (NASDAQ: DLTR) will report its fourth quarter fiscal 2021 results on March 2. Bath & Body Works, Inc. (NYSE: BBWI) expects its Q1, FY22 earnings to .....
Why Kohl's (KSS) stock jumped 33% today?
January 25, 2022 07:53 AM AEDT| By Rupam RoyHighlights Kohl's has received a takeover offer from at least two suitors recently. Sycamore Partners has offered US$65 per share for Kohl’s purchase. Kohl's board of directors is currently evaluating the proposals. Shares o.....
Why is BTCS Inc’s stock rocketing? E-commerce firm adds this crypto
January 14, 2022 05:11 AM AEDT| By Versha JainHighlights BTCS Inc. (NASDAQ: BTCS) is adding a new crypto to its infrastructure staking operation, as announced January 13. BTCS hosts an online e-commerce marketplace for merchandise where consumers can purchase them using digital assets, inc.....
Top 5 retail stocks to keep an eye on in 2022
December 25, 2021 11:47 PM AEDT| By Team Kalkine MediaHighlights Ingles Markets, Incorporated (NASDAQ: IMKTA) has a P/E ratio of 6.8 and a dividend yield of 0.76%. Target Corporation (NYSE: TGT) has a dividend yield of 1.64%, with an annualized dividend of US$3.60. The United Natural F.....
Top 5 US retail stocks to watch amid holiday shopping season
December 17, 2021 02:14 AM AEDT| By Rupam RoyHighlights Amazon expects its Q4, FY21 net sales to be between US$130 billion and US$140 billion. Lowe's expects its full fiscal 2021 sales to be about US$95 billion. US retail sales surged 0.3% in November, after increasing 1.8% in October. .....
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Thanksgiving Day: Top stocks to watch as holiday sales kickstarts
November 26, 2021 08:18 AM AEDT| By Rupam RoyThe previous record shows consumer spending and sales surge during the Thanksgiving week and the subsequent period leading up to the new year. This year, though, the retailers had to prepare for the big sales season way in advance due to the supply.....
Why iFresh (IFMK) is getting delisted from Nasdaq?
November 23, 2021 09:44 AM AEDT| By Rupam RoyHighlights iFresh, Inc. (IFMK) announced that it would be delisted from the Nasdaq stock exchange, effective on November 23, 2021. The Nasdaq Hearing Panel has rejected iFresh's appeal against the September decision to delist its common stocks......
Top food and beverages stocks to explore in Thanksgiving week
November 23, 2021 07:12 AM AEDT| By Versha JainThe Thanksgiving week typically sees increased consumer spending as retailers offer special deals and discounts to attract more customers to their stores. In addition, the period leading up to Thanksgiving Day on Nov 26 and the high-value sales day.....
Why did Foot Locker (FL) stock nosedive 12% after earnings?
November 20, 2021 06:30 AM AEDT| By Rupam RoyShares 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.....
Top e-commerce stocks to explore as consumer confidence rebounds
November 17, 2021 09:18 AM AEDT| By Ipsita SarkarHighlights 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.....
Walmart (WMT), Home Depot (HD) beat estimates in third quarter
November 17, 2021 04:57 AM AEDT| By Versha JainHighlights 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. .....
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Macy's Inc Q3 earnings: What to look for
November 16, 2021 11:48 AM AEDT| By Team Kalkine MediaHighlights 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.....
Q3 Outlook: Walmart (WMT), Target (TGT) to report modest sales growth
November 16, 2021 08:14 AM AEDT| By Versha JainHighlights 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.....
Home Depot (HD) Q3 earnings: EPS growth, sales, stock price outlook
November 16, 2021 06:53 AM AEDT| By Team Kalkine MediaHighlights 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.....
Tyson (TSN), Oatly (OTLY) raise guidance after quarterly results
November 16, 2021 04:59 AM AEDT| By Versha JainHighlights 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.....
