Text size Shoppers in a Costco store Joe Raedle/Getty Images Costco Wholesale stock is edging lower in late trading even as the discount retailer reported fiscal second-quarter earnings that came in a...
Tag: Consumer
DraftKings Wrapped Up Its Investor Day. These Are the Main Takeaways.
Text size Scott Eisen/Getty Images for DraftKings DraftKings is on its way to achieving a path to profitability as it works to increase gross margins and reduce spending on customer acquisition, the c...
PepsiCo Stock Drops Because Russia Is a Key Market
Text size PepsiCo leads Coca-Cola in Russia. Scott Olson/Getty Images PepsiCo stock took a hit Monday on apparent investor concerns about its exposure to Russia, its second-largest international marke...
Best Consumer Staples ETFs for Q2 2022
Consumer staples products are those that consumers are unwilling or unable to cut out of their budgets, regardless of their financial difficulties or the state of the economy. The category includes pr...
Is Now the Time to Buy or Sell? 7 Stocks to Consider During Turbulent Times.
I asked two market strategists whether U.S. investors should buy stocks here despite the pall of war in Ukraine. One says definitely, and the other says to hold off. Both are convincing. This is why I...
Goldman’s consumer push will more than double over 2 years, CEO David Solomon says
Goldman Sachs expects investment into its digital consumer platform to really pay off in less than two years, CEO David Solomon told CNBC on Wednesday. “I put out a target at the end of 2024 of ...
DraftKings Could Face Margin Headwinds This Year. Analysts Slash Their Targets.
Text size DraftKings is predicting Ebitda losses between $825 million and $925 million. Scott Eisen/Getty Images for DraftKings Shares of DraftKings were rising on Tuesday, even after analysts cut the...
Macy’s Stock Leaps On Q4 Earnings Beat, Dividend, Buyback Boost
Macy’s (M) – Get Macy’s Inc Report posted stronger-than-expected fourth quarter earnings Tuesday, while boosting its dividend and share buyback plans, as the department store bellwe...
DISQO’s Anne Hunter Talks About Decrypting Consumer Behavior And Crypto
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DraftKings Earnings Beats Estimates. Why the Stock Is Tumbling.
Text size Courtesy of DraftKings DraftKings stock has tumbled 15% Friday despite the sports-betting company beating earnings estimates in the fourth quarter. The company raised its revenue guidance fo...
Are You Ready For The Coming Consumer Price Protests? Walmart Is.
MIAMI, FL – NOVEMBER 24: Jaime Vado fixes a display in the isle at a Walmart store as they prepare … [+] for Black Friday shoppers on November 24, 2015 in Miami, Florida. Black Friday, whi...
Shake Shack reports results: they’re willing to invest in consumer experience
Shake Shack Inc (NYSE: SHAK) slid 10% in the stock market after-hours on a larger-than-expected loss for the fiscal fourth quarter. The U.S. firm also gave downbeat guidance for Q1. The timing ...
DraftKings Reports Earnings Friday. Investors Want to See a Path to Profits.
Text size The DraftKings Sportsbook at the Brook in Seabrook, N.H. Scott Eisen/Getty Images for DraftKings Show us the money. DraftKings shares (ticker: DKNG) have fallen more than 60% since Labor Day...
January Sales Up 3.8% As Consumer Spending Remains Strong
Apparel, including accessories, and department stores showed a significant bounce back from January … [+] 2021 with sales up 22.3% and 11.5% respectively, as consumers resumed more activities ou...
Generac Stock Rises Because It Expects ‘Exceptional Revenue Growth’ in 2022
Text size Dreamstime Shares of Generac Holdings were surging Wednesday after the generator maker’s 2022 outlook energized investors. “The company is initiating guidance for 2022 that anticipates anoth...
Bank of America CEO Brian Moynihan says U.S. consumer spending ‘very strong’ in February
Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski | Ge...
What a Monster, Constellation Merger Might Mean and Why Coca-Cola Could Be Key
Text size Monster Beverage display, Indianapolis, IN, November, 2020. Jonathan Weiss/Dreamstime.com Monster Beverage stock climbed early Tuesday as investors weighed up a possible merger between the e...
Peloton’s New CEO Pours Cold Water on Sale Speculation. The Stock Drops.
Text size A Peloton logo on a dumbbell at the company’s showroom in Dedham, Massachusetts. Adam Glanzman/Bloomberg Peloton Interactive stock fell Monday after the exercise company’s new chief ex...
4 Stocks That Could Thrive During Inflation
Text size Caterpillar is lucky to have customers flush with cash from rising commodity prices. Justin Sullivan/Getty Images Inflation is hot—and that’s cooling off plenty of companies’ earnings. But n...
India’s Central Bank RBI Says Crypto Is Prone to Fraud and Poses Immediate Risks to Consumer Protection – Coinotizia
India’s central bank, the Reserve Bank of India (RBI), has warned about multiple risks cryptocurrency poses to the country’s financial stability. “They are also prone to frauds and to extreme price vo...
Binance invests $200M in Forbes to boost consumer knowledge on Bitcoin
Binance, the world’s largest cryptocurrency exchange by trading volumes, is making a strategic investment in the 104-year old magazine Forbes to improve consumer understanding of cryptocurrencies and ...
Coca-Cola’s Earnings Top Estimates. Sales Rise on Higher Prices.
Text size Cocacola Dreamstime Coca-Cola stock was rising after the beverage giant reported earnings that surpassed analysts’ expectations. Coca-Cola (ticker: KO ) reported an adjusted quarterly profit...
Beyond Meat Stock Falls on Larger Loss, Downbeat Forecast
Text size Beyond Meat’s revenue from U.S. retail sales declined. Drew Angerer/Getty Images Beyond Meat issued a disappointing sales forecast as it reported weaker fourth-quarter results than exp...