Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Oil in focus Quick mention...
Tag: Retail industry
Kohl’s CEO Michelle Gass to step down, join Levi Strauss as CEO in waiting
Kohl’s Chief Executive Officer Michelle Gass Source: Kohl’s Kohl’s said Tuesday that CEO Michelle Gass is leaving the company for a new opportunity as its sales continue to fall. In ...
Major League Pickleball’s newest team owner is Anheuser-Busch
Zane Navratil and Parris Todd of BLQK celebrate a point during a group play Major League Pickleball match against the Florida Smash at Pickle & Chill on October 15, 2022 in Columbus, Ohio. Emilee ...
We’re increasing price targets on 3 of our stocks, including 2 crushing the boarder market
Following our price target changes on eight Club holdings last month, we’re updating three more Tuesday to reflect their recent quarterly earnings reports and outlooks. Eli Lilly (LLY): Club pri...
Wells Fargo’s downgrade of Costco underappreciates value
Wells Fargo downgraded Club holding Costco (COST) in a rare move Monday, citing “brewing headwinds” to the wholesale retailer’s growth momentum. We think this call is a mistake and s...
Tyson Foods CFO arrested for public intoxication, falling asleep in wrong house
John Tyson mugshot Source: Washington County, Arkansas Tyson Foods CFO John Tyson was arrested early Sunday in Arkansas after allegedly becoming intoxicated and falling asleep in the wrong house. Tyso...
Mattress Mack’s record $75 million Astros payout will cost Caesars, Penn big this quarter
Jim “Mattress Mack” McIngvale, of Houston, holds some of the tickets in Atlantic City N.J., Tuesday, Nov. 1, 2022, showing bets he has made on the Houston Astros to win the baseball World ...
Sweetgreen tries national dessert — a version of Rice Krispies Treat
Sweetgreen Crispy Rice Treat Source: Sweetgreen Sweetgreen is launching its take on Rice Krispies Treats, its first dessert since 2014. The Crispy Rice Treat is available nationwide starting Monday fo...
An S&P 500 ETF delivering double-digit percentage dividends
Investors may want to consider JPMorgan’s Equity Premium Income Fund ETF in order to get more reliable gains in the current volatile market environment. According to the firm, the ETF uses S&...
Carvana stock craters as outlook darkens for used vehicle market
Shares of Carvana posted their worst day on record Friday after the company missed Wall Street’s top- and bottom-line expectations for the third quarter as the outlook for used cars falls from r...
Puma CEO Bjorn Gulden in talks to succeed Kasper Rorsted as Adidas chief
Björn Gulden, Chairman and Managing Director of the sporting goods manufacturer Puma SE, speaks at the company’s annual press conference. Daniel Karmann | Picture Alliance | Getty Images Adidas ...
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...
Free returns may be over as retailers introduce stricter policies
Policy adjustments ‘deter the consumer from returning’ With rising costs squeezing margins, many retailers are rethinking their return policies, shortening the return window and even charg...
Starbucks (SBUX) solid Q4 earnings, guidance despite China drag
Club holding Starbucks (SBUX) reported strong fiscal fourth-quarter results after the closing bell Thursday, giving us confidence that demand can endure the softness in the global economy and China...
4 of our stocks are in the news. Here’s the Club’s take on each development
Four of our Club holdings — Costco Wholesale (COST), Amazon (AMZN), Humana (HUM) and Bausch Health (BHC) — were in the news Thursday. Here’s how we feel about the developments. Costco The news: ...
Inflation to dampen holiday spending, retail trade group forecasts
Shoppers ascend and descend an escalator at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters Getting shoppers to spend this holiday season won’t...
Starbucks (SBUX) Q4 2022 earnings
The ornate art decor of the Starbucks coffee chain in Xujiahui district attracts customers’ attention in Shanghai, China, May 12, 2021. Costfoto | Barcroft Media | Getty Images Starbucks is expe...
NBA Commissioner Adam Silver speaks out against Kyrie Irving’s antisemitic post
Kyrie Irving #11 of the Brooklyn Nets brings the ball up the court during the fourth quarter of the game against the Chicago Bulls at Barclays Center on November 01, 2022 in New York City. Dustin Satl...
Restaurant Brands International (QSR) Q3 2022 earnings
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported stronger sales ...
Peloton (PTON) reports Q1 earnings
Peloton posted a wider-than-expected loss for its fiscal first quarter, as a steep decline in connected fitness products revenue outweighed an increase in subscription revenue. The company’s sha...
Rstaurant Brands International (QSR) Q3 2022 earnings
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earni...
Stocks await Fed, Club earnings
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Fed decision ahead Quick...
CVS Health reports Q3 earnings, opioid settlement
Rafael Henrique | Lightrocket | Getty Images CVS Health reported third quarter earnings Wednesday morning that beat Wall Street’s expectations. Here’s how the pharmacy giant performed com...
Bed Bath & Beyond’s chief customer and technology officer resigns
A security guard stands next to a Bed Bath & Beyond sign at the entrance to a New York City store location. Scott Mlyn | CNBC Bed Bath & Beyond’s chief customer officer, Rafeh Masood, ha...
Yum Brands (YUM) Q3 2022 earnings
Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Image...
Serena Williams, Justin Timberlake invest in Tiger Woods’ new venture
Co-founders Tiger Woods, Rory McIlroy and Founder, CEO Mike McCarley Courtesy: TMRWSports Tiger Woods’ and Rory McIlroy’s new sports startup — which is already planning a new golf league —...
Bullish on Estee Lauder, Starbucks as China holds back earnings
Wall Street’s worried China’s draconian Covid-19 restrictions — which have weighed heavily on the world’s second largest economy for nearly three years — could drag down earnings at ...
Disney+ subscribers are getting early access to exclusive merchandise
In this photo illustration a close-up of a hand holding a TV remote control seen displayed in front of the Disney+ logo. Thiago Prudencio | SOPA Images | LightRocket | Getty Images Can Disney convert ...
Affluent shoppers embrace secondhand shopping
Bargain hunting is certainly not new. But with the Covid pandemic came a surge in “thrifting,” or buying and selling pre-owned goods. At first, some families under financial pressure looke...
E-furniture seller Made suspends trading as scrambles for survival
A view of a Made.com high street shop in central London on October 28, 2022 in London, England. Chris J Ratcliffe | Getty Images News | Getty Images LONDON — Millennial-oriented furniture retailer Mad...
Retail, trimming, Qualcomm and Wynn
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Retail stocks to watch Trim...
New stocks, 2 trades, earnings recap
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Looking for new names We ma...