Category: Retail News
Citi downgrades Dick’s Sporting Goods on slowing demand concerns, says margin pressures linger
Analyst Paul Lejuez downgraded the sports retailer's stock to neutral from buy, citing concerns of near-term gross margin pressures. [...]
How McDonald’s won over China
McDonald’s opened over 700 new restaurants in China in 2022, an all-time high. It plans to add an additional 900 stores in the country this year. [...]
The Buffett test: This one chart shows how much every Club holding spends on stock buybacks
We're shining a light on the Club holdings that repurchase the most stock, a group including Morgan Stanley (MS), Meta Platforms (META) and Apple (AAP [...]
Deutsche Bank says buy these two retail stocks on any post-earnings dip this week
It's expected to be a volatile environment for retailers this year, but two names stand out as buying opportunities, according to Deutsche Bank. [...]
McDonald’s expands Krispy Kreme test to more than 150 Kentucky locations
The Krispy Kreme doughnuts will be available all day and can be ordered in the drive-thru lane, in the restaurant, through the McDonald's app and for [...]
Can’t figure out this economy? Walmart, Home Depot are having trouble, too
Think the economy is confusing? You're not alone. Home Depot and Walmart aren't sure what comes next, but their consumer outlook helps handicap market [...]
P&G, Constellation Brands see solid U.S. demand, even as prices rise — a key reason we’re shareholders
Procter & Gamble (PG) and Constellation Brands (STZ) see resilient U.S. consumer demand despite persistent inflation, executives at both companies [...]
Jim Cramer’s Investing Club meeting Friday: Hot inflation, Nvidia, earnings on deck
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Big city restaurants and bars are missing office workers’ spending on Mondays and Fridays
The three-day in-person work week has forced restaurants and bars to get creative about pulling in customers on Mondays and Fridays. [...]
China’s online shoppers started the year cautiously, Alibaba says
Online sales remained weak this year through early February, Alibaba CEO Daniel Zhang said during a quarterly earnings call. [...]