Category: Retail News
Starbucks earnings beat expectations as consumers spend more in its U.S. stores
Shares of Starbucks have fallen nearly 28% this year, dragging its market value down to $97.11 billion. [...]
4 of our stocks are in the news. Here’s the Club’s take on each development
Costco Wholesale (COST), Amazon (AMZN), Humana (HUM) and Bausch Health (BHC) are the stocks, and two of them are higher in Thursday's session. [...]
Inflation to dampen holiday spending, retail trade group forecasts
The National Retail Federation said it expects holiday sales to rise between 6% and 8% from last year — a decline when factoring in the effect of infl [...]
NBA Commissioner Adam Silver speaks out on Kyrie Irving’s antisemitic post
In a statement, Silver called the decision to post the video "reckless" and said he will be meeting with Irving in person next week to discuss the sit [...]
2 takeaways from our daily meeting: Selling in an overbought market, updates on 3 holdings
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Peloton shares tumble after company offers weak holiday quarter outlook
Peloton reported a wider-than-expected loss and a steeper decline in revenue than analysts projected, while offering a weak holiday-quarter outlook. [...]
Restaurant Brands’ earnings top estimates as sales rise at Burger King, Tim Hortons
Restaurant Brands reported quarterly earnings that beat analysts' expectations, fueled by sales growth at Burger King and Tim Hortons. [...]
Ye paid a settlement to former employee who alleged he praised Hitler and Nazis during meetings, documents show
Additionally, six people who have worked with Ye or witnessed him in professional settings over the past five years told NBC News that they had heard [...]
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. [...]