Retail

Chewy (CHWY), Etsy (ETSY) jump as consumer price hikes take hold
November 12, 2021 05:21 PM PST | By Versha JainHighlights Chewy Inc. (NYSE: CHWY) and Etsy Inc. (NASDAQ: ETSY) stocks rose over 7% on Friday. CHWY stock declined 14.44% YTD, while the ETSY...

Allbirds IPO (BIRD): Stock jumps 90% in Nasdaq debut
November 04, 2021 10:38 AM PDT | By Versha JainAllbirds, Inc. (NASDAQ: BIRD) stock closed the first-day trading on NASDAQ Wednesday with over 90% gain. The price had more than doubled in intra...

Estee Lauder (EL) posts net income of US$692 million in Q1
November 02, 2021 12:20 PM PDT | By Versha JainHighlights Estee Lauder Companies, Inc. (NYSE: EL) posted net sales of US$4,392 million, up 23% YoY. Its earnings per share diluted increased by 3...

Coca-Cola to fully acquire sports drink brand BodyArmor for US$5.6 b...
November 01, 2021 09:48 AM PDT | By Sanjeeb BaruahHighlights Monday's announcement marks a major shift from its strategy to discontinue energy drinks and focus on sodas last year. Coca-Cola said...

Colgate-Palmolive’s (CL) net income declines but revenue up
October 29, 2021 11:29 AM PDT | By Sanjeeb BaruahHighlights Colgate-Palmolive Company (NYSE: CL) net and organic sales grew by 6.5% and 4.5%, respectively, in the third quarter of 2021. The...

Trick-or-Treating: Here’re five Halloween stocks to explore
October 29, 2021 11:24 AM PDT | By Ipsita SarkarHighlights Mondelez International, Inc’s (NASDAQ: MDLZ) revenue rose 12% YoY in Q2, FY21. Gap, Inc’s (NYSE: GPS) net sales surged 29%...

McDonald's (MCD) Q3 profits soar as global store sales grow
October 27, 2021 01:59 PM PDT | By Sanjeeb BaruahHighlights 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 billi...

Coca Cola (KO), Kraft Heinz (KHC) raise outlook after Q3 results
October 27, 2021 10:40 AM PDT | By Ipsita SarkarHighlights 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...

Crocs Inc. (CROX) stock jumps on strong Q3 results, revenue guidance
October 21, 2021 12:20 PM PDT | By Sanjeeb BaruahHighlights Crocs’ revenue jumped 73.0% YoY to US$625.9 million, helped by strong sales growth, mainly in the Americas, followed by Asia Pacif...

As Halloween shopping gets underway, here’re five stocks to consider
October 11, 2021 05:17 PM PDT | By Ipsita SarkarHighlights The National Retail Federation (NRF) expects Halloween spending to be around US$10.1 billion this year. The Hershey Company (NYSE: HSY)...

Are you an ETF fan? Here’re five rising retail ETFs to explore in Q4...
October 08, 2021 06:34 PM PDT | By Sanjeeb BaruahHighlights 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...

Earnings Update: Levi Strauss’ (LEVI) net revenue jumps 41% in Q3
October 06, 2021 05:19 PM PDT | By Sanjeeb BaruahHighlights Levi Strauss & Co’s (NYSE: LEVI) adjusted net income rose to US$197 million in Q3 2021, from US$31 million in Q3, 2020. The c...

Retail stocks under US$100 to watch ahead of the festive season
September 02, 2021 04:07 PM PDT | By Sanjeeb BaruahHighlights Bath & Body Works, Inc. (NYSE: BBWI) reported net sales of US$1.7 billion in Q2, 2021. The Gap, Inc. (NYSE GPS) reported US$258 net...

Peloton (PTON), Big Lots (BIG) stocks decline after quarterly earnin...
August 27, 2021 09:58 AM PDT | By Team Kalkine MediaHighlights Net sales of Big Lots Inc. (NYSE: BIG) decreased 11.4% YoY. Peloton Interactive Inc’s (NASDAQ: PTON) revenue rose by 54% YoY. Th...

Ulta Beauty (ULTA), Coty (COTY) stocks rally after quarterly sales j...
August 26, 2021 09:29 AM PDT | By Ipsita SarkarHighlights The net sales of Ulta Beauty, Inc. (NASDAQ: ULTA) rose 60.2% YoY. ULTA stock soared more than 38% year-to-date. The net revenue of Cot...

Styling it right: Six fashion stocks that are hard to miss
August 25, 2021 01:32 PM PDT | By Ipsita SarkarThe Dow Jones US Clothing and Accessories Index (DJUSCF) gave a 13.75% return YTD. It is because the clothing or fashion companies are witnessing a st...

Dick's (DKS), Express Inc (XPR) net sales soar in Q2, stocks rally
August 25, 2021 09:44 AM PDT | By Ipsita SarkarHighlights Dick's Sporting Goods Inc (NYSE: DKS) stock rose over 100% YTD, while the Express, Inc. (NYSE: EXPR) stock jumped over 676% YTD. Dick&r...

Five retail stocks to explore as customers flock to stores
August 25, 2021 08:32 AM PDT | By Team Kalkine MediaHighlights The Shopify Inc. (NYSE: SHOP) stock price surged around 35% YTD. The Best Buy Co., Inc. (NYSE: BBY) logged revenue of US$11.84 billion...

Kohl's (KSS), Macy's (M) stocks rally on strong quarterly results
August 19, 2021 09:48 AM PDT | By Team Kalkine MediaHighlights The total revenue of Kohl's Corporation (NYSE: KSS) surged more than 30% YoY. Macy's Inc (NYSE: M) reported net sales of US$5.6 billion...

Lowe’s raises full-year outlook; Target’s revenue up 9.4% in Q2
August 18, 2021 10:09 AM PDT | By Team Kalkine MediaHighlights Lowe’s (NYSE: LOW) net income was US$3.02 billion or US$4.25 per share diluted in Q2. Target’s (NYSE: TGT) total revenue wa...