FILE PHOTO: Shoppers exit a Target store during Black Friday sales in Brooklyn, New York, U.S., November 26, 2021. Brendan Mcdermid | Reuters Check out the companies making headlines in midday tradin...
Tag: Target Corp
Target, J.M Smucker and more
Take a look at some of the biggest movers in the premarket: Target (TGT) – Target announced a series of moves to “right-size” its inventory levels, including additional markdowns and cance...
6 exceptional retail winners that Jim Cramer says are a buy
CNBC’s Jim Cramer on Friday highlighted six retail winners with standout quarters that investors should be lining up to purchase. “No one ever made a dime from panicking. If you dumped any...
Walmart welcomes back annual hometown bash, acknowledges challenge of inflation
Doug McMillon, president and CEO of Walmart Inc. Corporation, participates in a Business Roundtable discussion on the”Future of Work in an Era of Automation and Artificial Intelligence”, d...
Walmart bets its stores will give it an edge in Amazon e-commerce duel
BENTONVILLE, Arkansas — Walmart’s cavernous stores are known for aisles of low-priced groceries, paper towels and apparel. Now, those big boxes are hubs for its e-commerce business, serving as l...
Durability of U.S. stock- market bounce in question as inflation worries linger ahead of payrolls report
Investors took a breather this week as U.S. stocks bounced back from a weeks long selloff and the latest reading on inflation offered glimmers of optimism to those hoping for a peak in price pressures...
Glam makeup and dressing up are back, boosting Macy’s and Ulta
A Nordstrom employee fixes a floral dress on a mannequin in one of the retailer’s department stores. Ben Nelms | Bloomberg | Getty Images Out with sweatpants, in with blazers, lipstick and eye-p...
Macy’s (M) reports Q1 2022 earnings beat, raises forecast
A person walks past a Macys store in Hyattsville, Maryland, on February 22, 2022. Stefani Reynolds | AFP | Getty Images Macy’s on Thursday reported fiscal first-quarter profits and sales ahead o...
3 takeaways from Dollar General, Dollar Tree earnings that sent stocks soaring
Dollar General and Dollar Tree stores Getty Images Shares of Dollar General and Dollar Tree popped Thursday, as the discounters beat Wall Street’s quarterly earnings expectations, raised outlook...
Dick’s Sporting Goods (DKS) Q1 2022 earnings top estimates, outlook cut
A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods on Wednesday reported results for its fiscal first qu...
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 ...
What retail woes signal about the market’s fight against inflation
Jay Laprete | Bloomberg | Getty Images Retailers are missing and missing big. It started last week with the Walmart and Target results which showed big inventory builds and the need for markdowns, and...
Abercrombie & Fitch (ANF) reports Q1 2022 loss
A person carries a bag from the Abercrombie & Fitch store on Fifth Avenue in New York City, February 27, 2017. Andrew Kelly | Reuters Abercrombie & Fitch shares fell more than 25% in early tra...
Best Buy (BBY) earnings Q1 2023
Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois. Best Buy reported an increase in second-quarter sales of nearly 20% as consumers purchased electronics to adjust to lifestyl...
Cramer’s week ahead; market needs obstacles resolved before a rally
CNBC’s Jim Cramer warned investors on Friday that a market rally has no chance of sustaining until the causes of the turmoil are resolved. “If we want the market to stage a meaningful come...
Jim Cramer says he likes these three smaller plays in battered retail sector
CNBC’s Jim Cramer said Friday that while the retail sector has had a rough week, there are still several winners that stand out against the deluge of stocks that tanked. “The big four aren...
Weee taps Crazy Rich Asians director Jon M. Chu in push for grocery growth
Online grocery delivery start-up Weee! encourages customers to share videos of recipes and favorite items on its app. It specializes in hard-to-find Asian foods, along with fruits, vegetables and othe...
Jim Cramer predicts these 5 Charitable Trust holdings will rebound ‘after the smoke clears’
CNBC’s Jim Cramer on Thursday told investors that he’s optimistic that stocks of “amazing businesses“ will make a comeback once the stock market faces better conditions, highli...
Kohl’s (KSS) reports Q1 2022 earnings
Kohl’s on Thursday said final and fully financed bids from potential buyers are expected in the coming weeks, as the retailer faces heightened pressure from activists to sell. Chief Executive Of...
Cisco, Kohl’s, CSX and more
Cisco logo exhibited during the Mobile World Congress, on February 28, 2019 in Barcelona, Spain. NurPhoto | Getty Images Check out the companies making headlines in midday trading Thursday. Harley-Da...
Fuel is a problem for business and consumers — Why prices are so high
A sign displays gas prices at a gas station on May 10, 2022 in San Mateo County, California. Liu Guanguan | China News Service | Getty Images The surge in gasoline prices is impossible to miss and at ...
Kohl’s, BJ’s Wholesale, Spirit and more
Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s reported adjusted quarterly earnings of 11 cents per share, well short of the 70-cent consensus estimate. Re...
Next big shoe to drop in financial markets: Inflation that fails to respond to Fed rate hikes
Traders, investors and strategists are adding one more factor to the list of reasons why financial markets may be in for more volatility through at least the next three to four months: the likelihood ...
Amazon Stock Plunges in Wake of Target, Walmart Debacles. This Is Why.
Text size Things may be worsening at a rapid pace for Amazon. Cindy Ord/Getty Images Amazon . com shareholders just got another reality check from Walmart and Target . The surprising inability of two ...
Bath & Body Works shares tumble as retailer cuts profit outlook due
Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Bath & Body Works shares fell in afte...
What Walmart, Target, Home Depot and Lowe’s tell us about the economy
Compilation of Target, Walmart, Lowe’s and Home Depot stores. Reuters How well is the American consumer holding up against sky-high inflation? It depends on whom you ask. Four major retailers — ...
Target, Lowe’s, TJX and more
Shoppers walk in front of a Target store at the Lycoming Crossing shopping plaza in Muncy, Pennsylvania. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday tra...
Target (TGT) Q1 2022 earnings
Target on Wednesday reported quarterly earnings that fell far short of Wall Street’s expectations, as the retailer coped with pricey freight costs, higher markdowns and lower-than-expected sales...
Goldman CEO David Solomon says be cautious in wake of Fed’s tightening
Goldman Sachs CEO David Solomon is advising his clients to be more cautious with their finances because the Federal Reserve’s moves to combat inflation could result in recession or other negativ...
Target, Walmart, Carrier Global and others
Check out the companies making headlines before the bell: Target (TGT) – Target plummeted 22.1% in the premarket after the retailer reported an adjusted quarterly profit of $2.19 per share, below the ...
Expect a rally if there’s good news from retail giants & China
CNBC’s Jim Cramer on Tuesday said that investors should keep an eye on retailer earnings and Covid news from China as indicators for how Wednesday’s trading session will go. If we get more...
If you thought Walmart and Target had disappointing results, these retailers did so much worse
Retail stocks fell hard this week as bellwether companies disappointed investors with sagging profits. And now, a review of retailers sheds light on companies that put up worse numbers than those repo...