A worker enters the SalesForce Tower in San Francisco, California, U.S., on Monday, March 14, 2022. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines before the bel...
Tag: Macy's Inc
Macy’s (M) earnings Q4 2022
People wait in line to enter Macy’s department store during Black Friday in New York City on November 25, 2022. Yuki Iwamura | AFP | Getty Images Macy’s shares surged Thursday, as the comp...
Walmart, Home Depot prepare for consumer slowdown
If you want to know how this year may be for the retail industry, look no further than Walmart‘s cautious outlook. The discounter easily topped expectations for the holiday quarter on Tuesday, b...
Walmart (WMT) earnings Q4 2023
Customers exit a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March, store employees will make between $14 an...
Walmart, Home Depot kick off retail earnings this week
Shoppers walk past a Bloomingdale’s store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022. Victor J. Blue | Bloomberg | Getty Images After benefitting from a pandemic-era s...
Stocks making the biggest moves midday: Carvana, AMD and more
Check out the companies making headlines in midday trading Monday. Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Colgate-Palmolive — Shares gained 2.8% aft...
Inflation is cooling, but high prices will stick around
A shopper checks out the egg section at the Publix at Winter Park Village, Tuesday, Jan. 17, 2023. Joe Burbank | Orlando Sentinel | Tribune News Service | Getty Images Inflation may be cooling. But, f...
Walmart raises minimum wage as retail labor market remains tight
An employee arranges beauty product gift boxes displayed for sale at a Wal-Mart Stores Inc. location in Los Angeles, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart said Tuesday it is...
Shoppers Are Under Pressure. A Recession Could Be Next.
After two years of working overtime on delivering record-breaking holiday seasons, Santa Claus has had enough. If 2022’s holiday retail sales are anything to go by, the head of the North Pole has hopp...
Netflix, Alphabet, Nordstrom, PagerDuty and more
A sign is posted in front of a Google office on April 26, 2022 in San Francisco, California. Google parent company Alphabet will report first quarter earnings today after the closing bell. Justin Sull...
Stocks making the biggest moves after hours: Netflix, Nordstrom and more
Check out the companies making headlines in midday trading. Netflix – Shares of Netflix jumped 6.3% after the company’s per-share earnings came short of analysts’ expectations. Nevertheles...
Nordstrom sinks after retailer posts weak holiday sales
Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Shares of Nordstrom fell Thursday, after the department store chai...
Macy’s warns holiday-quarter sales will come in light
Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Macy’s on Friday warned its holiday-quarter sales will come in on the lighter side, saying consumers...
Target under pressure, hopes value-hungry shoppers come to the rescue
Target is stressing value this holiday season, as consumers feel pinched by inflation. At its store in New Jersey, signs that advertise low-priced items are more prominent than in previous years. Meli...
Rent the Runway (RENT) Q3 earnings 2022
Jennifer Hyman, Rent the Runway Scott Mlyn | CNBC As some shoppers think twice about purchases, Rent the Runway is getting a bump. The fashion rental and subscription company on Wednesday reported st...
Why investors may want to add retail ETFs to their cart
‘Tis the season for shopping — and maybe for some investors: ETFs. Despite consumer headwinds tied to the economic slowdown, Amplify ETFs’ Brian Giere sees opportunities in retail. “...
Big discounts equals high pressure for retailers
Major retailers are under intense pressure to deliver on Black Friday after several of them reported a slowdown in sales heading into the do-or-die holiday shopping season. Macy’s, Target, Kohl&...
Online shoppers spent record amount on Thanksgiving
D3sign | Moment | Getty Images After eating turkey and pie, lots of Americans also went on a shopping spree. Thanksgiving Day online spending hit a record of $5.29 billion, an increase of 2.9% year ov...
Macy’s (M) Q3 2022 earnings
Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Macy’s on Thursday raised its earnings forecast for the year as strong luxury sales boosted the departm...
Kohl’s (KSS) earnings Q3 2022
Kohl’s on Thursday withdrew its full-year outlook, pointing to volatility in the retail environment and significant macroeconomic headwinds, on top of its “unexpected CEO transition.”...
Bath & Body Works, Norwegian Cruise Line, Macy’s and more
Bath & and Body Works entrance. Jeff Greenberg | Getty Images Check out the companies making headlines in midday trading. Bath & Body Works – Bath & Body Works’ stock surged 24% afte...
Macy’s, BJ’s Wholesale, Kohl’s and others
Check out the companies making headlines before the bell: Macy’s (M) – Macy’s stock leaped 9.6% in the premarket after the retailer reported better-than-expected profit and revenue. Same-s...
Target, Carnival, Advance Auto Parts, Lowe’s and more
Pedestrians pass by a Target store in the Tenleytown neighborhood of Washington, DC, on August 17, 2022. Mandel Ngan | AFP | Getty Images Check out the companies making headlines in midday trading. Ta...
Walmart, Taiwan Semiconductor, Netflix, Carnival and more
Bing Guan | Bloomberg | Getty Images Check out the companies making the biggest moves midday. Walmart — Shares of retailer Walmart jumped more than 7% after reporting quarterly earnings that beat Wall...
What to expect when TJ Maxx’s parent reports earnings
Off-price retailer TJX Companies (TJX), one of our best performing stocks since late summer, is set to report earnings this week Big picture We started our position in the parent of TJ Maxx and Marsha...
Retailers’ biggest holiday wish is to get rid of all that excess inventory
A clearance sale sign is seen at the Gap retail store on September 20, 2022 in Los Angeles, California. Allison Dinner | Getty Images As some of the nation’s largest retailers report quarterly e...
Travel has edge over shopping this holiday season amid inflation
Retailers have a new threat this holiday season: wanderlust. Americans are returning to the skies, filling hotels, swarming theme parks — and they’re showing a willingness to spend more of their...
Here are the best deals
Amazon’s Prime Early Access sale: What’s in store When Amazon’s sale kicks off Oct. 11, expect to find the best discounts on Amazon devices, such as the Kindle, Echo and Fire TV stre...
I’m very bullish on Disney
Walt Disney Co: “I’m very, very bullish. Bought some stock last week for the Investing Club.” Rio Tinto PLC: “I do think that the minerals may have bottomed here. I do think it...