Category: Retail News
We still see Estee Lauder shares as a buy on weakness despite downbeat guidance
For Estee Lauder (EL), it's all about China; and we believe it's better to be opportunistic ahead of any change in Covid restrictions there. [...]
2 takeaways from our daily meeting: Stocks await Fed decision, Club earnings recap
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Bed Bath & Beyond’s chief customer and technology officer resigns
Bed Bath & Beyond's chief customer officer, Rafeh Masood, has resigned, effective next month. [...]
Yum Brands earnings miss despite stronger sales at KFC and Taco Bell
Yum Brands missed Wall Street's earnings estimates but beat quarterly revenue expectations. [...]
CVS Health raises outlook as third quarter results beat estimates
CVS Health beat Wall Street's expectations in its third quarter earnings report. The company also announced an opioid settlement. [...]
Bullish on Estee Lauder, Starbucks, even as China set to hold back earnings
China's strict zero-Covid policy is a temporary overhang for Club holdings Starbucks (SBUX) and Estee Lauder (EL) that could weigh on earnings this we [...]
A ‘resale revolution’: Affluent shoppers embrace secondhand shopping
The resale business is now growing twice as fast as the broader retail market, helped, in part, by a surge of affluent shoppers. [...]
British online furniture seller Made.com suspends trading amid last-ditch rescue talks
The company, which listed in 2021, has suffered from consumers cutting back on big ticket items. [...]
3 takeaways from our daily meeting: Retail stocks, trimming positions, Qualcomm and Wynn
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]