Fresh economic data Wednesday showed U.S. consumer spending slowed during the holiday season as inflation, though easing, continued to squeeze shoppers. That’s likely to make off-price retailers...
Tag: Ross Stores Inc
Here’s what Black Friday sales tell us about the retail sector — and our top pick
The holiday shopping season got off to a solid start over the weekend, as Black Friday’s online sales beat expectations and started to build some much-needed momentum for the retail sector. Acco...
Ross Stores, Carvana, Coinbase, Rent the Runway and more
Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Ross Stores — Ross Stores jumped 10% after a quarterly beat on earni...
Foot Locker, JD.com, Gap and others
Check out the companies making headlines before the bell: Foot Locker (FL) – Foot Locker shares soared 14% in the premarket after beating top and bottom line estimates for its latest quarter. The appa...
Live Nation, Gap, Ross Stores, Palo Alto and more
Check out the companies making headlines in midday trading. Gap – The retailer popped 10% after beating Wall Street’s estimates for revenue. Gap also also gave a cautious outlook for the holiday...
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...
Xerox, Logitech, Upstart, Hibbett, Planet Fitness & more
Tony Avelar | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Logitech — The computer peripherals maker jumped 11% after Logitech reiterated its full-year guidance...
Nordstrom (JWN) reports Q2 2022 results
Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Nordstrom on Tuesday slashed its financial forecast for the full year as the depar...
Deere, Foot Locker, Bed Bath & Beyond and more
Check out the companies making headlines before the bell: Deere (DE) – Deere slid 5.2% in premarket trading after the heavy equipment maker missed quarterly earnings estimates despite higher-than-expe...
Walmart, Bed Bath & Beyond, Zoom, Ally and more
Vehicles pass a Walmart store in Torrance, California, on Sunday, May 15, 2022. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Walmart, Home Depot — T...
Nordstrom (JWN) reports Q1 2022 losses
Nordstrom on Tuesday reported fiscal first-quarter sales ahead of analysts’ expectations and hiked its full-year outlook, citing momentum in the business as shoppers visited the company’s ...
Palo Alto Networks & more
Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after...
Nordstrom, Salesforce, Ford and more
Pedestrians walk past a Nordstrom Inc. store. Ben Nelms | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Nordstrom — Shares of the department store rallied a whop...
Salesforce, Ford, Nordstrom and more
Take a look at some of the biggest movers in the premarket: Nordstrom — The retail stock spiked 30.5% in premarket trading after the company posted better-than-expected fourth-quarter results. Nordstr...
Nordstrom shares soar as it makes progress but still has ways to go
Nordstrom signage outside one of the company’s full-line department stores. Tim Boyle | Getty Images News | Getty Images Nordstrom shares are soaring after the department store chain offered up ...
Retail analysts foresee holiday-season sales growth. Now we’ll hear from retailers themselves.
Even as price increases squeeze shoppers, analysts expect holiday-season sales to increase this year. With Walmart Inc., Target Corp. and discounters TJX Cos. and Ross Stores Inc. reporting results in...