Category: Retail News
Here are the next drivers of Costco growth after a great quarter and a stock near records
"There's nothing wrong with Costco whatsoever. It was a perfect quarter," Jim Cramer said Friday as shares dipped from the previous day's record highs [...]
It was a strong week for retail earnings. That doesn’t spell a consumer comeback
Consumers are still shopping, but being far more selective as they contend with inflation, high interest rates and an uncertain economy. [...]
Here’s the level to start buying Best Buy after its post-earnings surge
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Adapting to the Digital Transformation: Strategies for Store Owners
Discover effective strategies for store owners to adapt to the digital transformation and thrive in the evolving digital landscape. Stay ahead of the [...]
Costco shares dip despite earnings beat. There’s no cause for investor concern
We're raising our price target on Costco after the retail giant delivered another business-as-usual quarter. [...]
Nordstrom misses Wall Street’s earnings expectations, as off-price chain Rack lifts sales
The department store operator Nordstrom stuck by its full-year forecast despite the miss. [...]
Gap shares pop 15% as earnings beat on sales growth at all four brands
Gap has been in the midst of a turnaround under CEO Richard Dickson, who has focused on better marketing and storytelling for the company's portfolio [...]
Ulta Beauty lowers guidance after first-quarter sales slowdown
Beauty has been a strong point for retailers as they face a consumer pullback in light of persistently higher costs. [...]
Best Buy surges on signs that the expected AI-driven PC and smartphone refresh is starting
We believe our primary investment thesis is intact, and therefore reiterate our buy-equivalent 1 rating and $95 price target. [...]
Foot Locker leaves our penalty box as CEO Mary Dillon’s revamp plan turns corner
We're upgrading our Foot Locker rating after Thursday's earnings beat and positive conference call. [...]