Retail sales for the fiscal year were up 9.4% partly driven by e-commerce, curbside pickup, and … [+] mobile purchasing. getty The financial year for many retailers ends in January, and recently...
Tag: prepandemic
China’s big consumer market isn’t rebounding to pre-pandemic levels just yet
Tourists visit ice sculptures in Harbin, Heilongjiang province on New Year’s Day 2023. China News Service | VCG | Getty Images BEIJING — It’s going to take time for Chinese consumers to re...
Dubai Duty Free’s 2022 Sales Topped $1.7 Billion But Still Lag Pre-Pandemic 2019
Dubai Duty Free’s shopping complex in Concourse C at Dubai International Airport. Dubai Duty Free The Middle East’s biggest travel retailer, Dubai Duty Free racked up $1.74 billion sales in 2022...
House prices won’t fall below pre-pandemic levels
Having written about the latest interest rate hikes yesterday, I wanted to take a look into what it all means for the housing market. There has been a lot of jarring headlines in this area recently an...
Trip.com says China hotel bookings are surpassing pre-pandemic levels
BEIJING — Hotel reservations in China have surpassed pre-pandemic levels since late June, booking site Trip.com said Thursday. Trip.com shares briefly fell by more than 7% Thursday in Hong Kong tradin...
Moviegoing won’t return to pre-pandemic levels, says Disney’s Bob Iger
Robert Iger attends the Stella McCartney “Get Back” Capsule Collection and documentary release of Peter Jackson’s “Get Back” at The Jim Henson Company on November 18, 202...
Cathie Wood Buys Zoom’s Dip to Pre-Pandemic Level After Results
(Bloomberg) — Cathie Wood bought Zoom Video Communications Inc’s shares as they tumbled to levels seen before the stock’s meteoric rise during the pandemic. Most Read from Bloomberg Two Ark Inve...
Long-term unemployment tumbles to its pre-pandemic level
Long-term unemployment tumbled below its pre-pandemic level in July, the U.S. Department of Labor said Friday, as an unexpectedly strong showing of job gains buoyed workers broadly across the economy....
Moviegoers are leaving their couches for theaters, bringing summer box office sales close to pre-pandemic levels
It’s becoming clearer that audiences are no longer satisfied just sitting on the couch to watch movies. Not only are they returning to movie theaters in droves, theater operators say they’...
Pro: the S&P 500 index could return to its pre-pandemic levels
A 30% decline in the S&P 500 index from its peak remains a possibility, says Seema Shah. She’s a Senior Investment Strategist at Principal Global Investors. Shah sees more pain ahead Shah ha...
Bitcoin and Ethereum to pre-pandemic levels?
The prices of BTC (Bitcoin) and ETH (Ethereum) have returned to 2020 levels. Will they also return to pre-pandemic levels? The fear that Bitcoin and Ethereum may return to pre-pandemic levels The cur...
While Up From 2021, Early MLB Attendance Shows 5% Decline From Pre-Pandemic Levels
Fans have returned to the ballpark now that pandemic capacity limits have been lifted. While up … [+] dramatically from 2021, the league is seeing a 5% decline compared to 2019 before the pandem...
Delta hikes sales forecast to pre-pandemic levels as demand and fares rise
Delta airplanes are seen at John F. Kennedy International Airport during the spread of the Omicron coronavirus variant in Queens, New York City, U.S., December 26, 2021. Jeenah Moon | Reuters Delta Ai...
Morgan Stanley: SPX could return to its pre-pandemic 3,400 level
The S&P 500 index could return to its pre-pandemic 3,400 level in the coming months that translates to another 15% downside from here, warned a Morgan Stanley analyst on Monday. Don’t be foo...
Let’s Not Return To Pre-Pandemic Healthcare
getty In my experience, most people tend to idealize the past. Whether formalized in eulogies, evoked in our personal memories, or put into sentimental songs like “The Way We Were” (which I must admit...
Chipotle staffing back at pre-pandemic levels, company is exploring automation, CEO says
Chipotle Mexican Grill CEO Brian Niccol told CNBC’s Jim Cramer on Tuesday that the company’s staffing levels are back where they were before the Covid-19 pandemic. “Our staffing is a...
Airfare surged 20% over pre-pandemic levels as inflation hit vacations
Travelers wait in line at the Delta Air Lines check-in area at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloom...
Philippine Billionaire Po Family’s Shakey’s Sees Profits Exceeding Pre-Pandemic Levels Amid Expansion
Shakey’s Pizza opened its first outlet in Singapore in March. Courtesy of Shakey’s Pizza Shakey’s Pizza Asia Ventures—controlled by the family of late billionaire Ricardo Po Sr.—expects pr...
Free Cash Flow Yield Rises Above Pre-Pandemic Levels
CASHFLOW word on calculator and pen on documents getty This report[1],[2] is an abridged version of S&P 500 & Sectors: Free Cash Flow Yield Rises above Pre-Pandemic Levels, one of my quarterly...
US Adds 431K Jobs in March, as Unemployment Rate Nears Pre-Pandemic Level
The U.S. economy is still scrambling with a labor shortage as a result of the pandemic, which left 10.9 million jobs vacant at the end of 2021. But the employment situation summary signals a strong re...
DocuSign is back to pre-pandemic level. Best to buy the stock now?
DocuSign, Inc. (NASDAQ:DOCU) is a beaten-down stock. Together with other innovative tech stocks that benefited from the pandemic boosts, DOCU has been declining since touching a high of $313 in August...
Bank of England Raises Interest Rates Back to Pre-Pandemic Level of 0.75%
The policy statement, however, leaned dovish, suggesting consensus expectations for the central bank to bring its bank rate to 2% by year end might have gotten ahead themselves. “Some further mo...
Hibbett CEO: upgraded business is stronger than pre-pandemic
Hibbett Inc (NASDAQ: HIBB) closed 8.0% up today on slightly better-than-expected earnings outlook that overshadowed weak Q4 results and dovish full-year guidance for sales. What Hibbett Q4 earnings re...
Advance Auto Parts CEO: we’re now better positioned than pre-pandemic
Advance Auto Parts Inc (NYSE: AAP) on Monday said its sales in the fiscal fourth quarter topped Wall Street estimates. Shares, however, are down 1.0% in extended trading on lower-than-expected profit....
Billionaire Tony Tan Caktiong’s Jollibee Beefs Up Global Expansion As Profits Hit Pre-Pandemic Levels
A Jollibee mascot is seen at one of the company’s restaurant in Hong Kong on June 14, 2018. Getty Images Jollibee Foods—controlled by billionaire Tony Tan Caktiong—said Thursday it plans to acce...