retail

Leading mattress company Mattress Firm partnered with DoorDash Inc (NASDAQ:DASH) to help deliver "better sleep to college students" and add to the number of items you can now get from many food delivery companies. What Happened: DoorDash is best known as a food delivery company, which partners with...

Ross Stores, Inc. (NASDAQ:ROST) shares are trading higher Thursday after the company reported better-than-expected second-quarter results and raised its fiscal year earnings guidance with its midpoint above estimates. Here's a look at the details from the report.  The Details: Ross Stores reported...

Target Corporation (NYSE:TGT) shares are trading lower on Thursday. Yesterday, the company reported better-than-expected second-quarter financial results and raised its outlook. Target has raised its full-year 2024 adjusted EPS outlook to a range of $9.00 to $9.70, up from the previous range...

Two Visions Of America’s Future On X yesterday, America 2100 shared a thread contrasting two different versions of retail. One was membership-only stores, as represented by Costco Wholesale Corporation (NASDAQ:COST) and Walmart Inc.‘s (NYSE:WMT) Sam’s Club. The...

Urban Outfitters, Inc. (NASDAQ:URBN) reported better-than-expected second-quarter financial results after Wednesday's closing bell. Here's a look at the key figures from the quarter.   The Details: Urban Outfitters reported quarterly earnings of $1.24 per share, which beat the analyst consensus...

The Disinflation Issue The big news this week was the lower-than-expected CPI and PPI figures for July. While expectations for a September 50bp (0.5%) rate cut by the Fed changes on a daily basis, DKI agrees with current consensus that we’ll see a 25bp cut next month. We believe that’s...

On Thursday, Walmart Inc (NYSE: WMT) reported its fiscal second quarter results, topping Wall Street estimates for both sales and profits. Based on the strength its half year results reflected, the largest U.S. retailer raised its full-year outlook. It is quite a contrast compared to the...

In the wake of promising retail sales and jobless claims data, Goldman Sachs Group Inc. economists have revised the risk of a U.S. recession in the next year from 25% to 20%. What Happened: The team of economists at Goldman Sachs reassessed the recession risk due to positive economic data released...

Analysts expect Estee Lauder Companies Inc (NYSE:EL) to announce earnings per share of 27 cents on $3.83 billion in revenue when fourth-quarter financials are released Monday before the market opens. In a recent note, Bank of America‘s Bryan D. Spillane downgraded the stock from Buy to...

As retailers prepare to report earnings, investors should gear up for a mixed bag, particularly for Advance Auto Parts Inc (NYSE:AAP) and BJ’s Wholesale Club Holdings Inc (NYSE:BJ). Walmart’s High Bar, Costco’s Layer Of Pressure While Walmart Inc (NYSE:WMT) set a high bar with its...

U.S. retail sales soared by 1% month-over-month in July, sharply rebounding from stagnation in June and far outpacing the anticipated 0.3%, according to preliminary estimates released Thursday. At the same time, initial jobless claims fell short of expectations last week, signaling easing concerns...

Walmart Inc (NYSE:WMT) is reporting its second-quarter earnings on Thursday. Wall Street expects 64 cents in EPS and $168.6 billion in revenues as the company reports before market hours. The stock is up 28.85% YTD, but down 1.70% over the past month. Let’s look at what the charts indicate...

Starbucks Corp (NASDAQ:SBUX) shares were trading lower Tuesday but bounced back as the coffee giant grappled with technical difficulties within its mobile ordering system. What Happened: The Starbucks app displayed a message instructing customers to place orders in person after some 1,400 users...

Skechers USA Inc. (NYSE:SKX) reported its second-quarter financial results Thursday. Here's a look at the key figures from the report.  The Details: Skechers reported quarterly earnings of 91 cents per share, which missed the analyst consensus estimate of 94 cents by 3.19%. The company reported...

Lululemon Athletica Inc. (NASDAQ:LULU) is hitting the brakes on its latest innovation, the Breezethrough collection. JPMorgan analyst Matthew R. Boss has slashed his 2024 earnings estimates and removed the stock from his Analyst Focus List. The company’s stock, currently priced at $272.06,...