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Study: Consumer Interest In iPhones Down Ahead Of Holiday Shopping Season
Wednesday, December 5, 2018 - 10:55am | 420December usually means a holiday push for retail sales — but that may not hold true for Apple Inc. (NASDAQ: AAPL) and sales of its latest iPhones. Model Sales This year, Apple has produced perhaps its most diverse line of iPhones in terms of size, capability and price. The...
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Signet Jewelers' Blemishes Lead To RBC Downgrade
Friday, January 12, 2018 - 2:57pm | 369Investors with confidence in Signet Jewelers Ltd. (NYSE: SIG)'s long-term story showed patience and risk tolerance — but now one Wall Street analyst is no longer comfortable with a bullish stance. The Analyst RBC Capital Markets' Brian Tunick downgraded Signet Jewelers'...
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What Does The Street Think Of Urban Outfitters Now?
Tuesday, January 9, 2018 - 3:33pm | 853Shares of Urban Outfitters, Inc. (NASDAQ: URBN) were trading lower by 4 percent Tuesday after the company released a concerning update to its holiday season performance. Specifically, total net sales for the two month period ended Dec. 31, 2017, rose 3.6 percent from the same period a year ago and...
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Macy's Updates Comp Sales And Store Closures, Raises 2017 EPS Outlook
Thursday, January 4, 2018 - 10:00am | 470Shares of Macy's Inc (NYSE: M) dipped nearly 3 percent after the company issued an update relating to its holiday sales performance, 2017 guidance, and an update to store closures in 2018. What You Need To Know Macy's announced its comparable sales on an owned basis rose 1.0 percent...
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Analyst: Pier 1 Imports Weakness Appears 'More Structural In Nature'
Thursday, December 14, 2017 - 3:13pm | 434Pier 1 Imports Inc (NYSE: PIR)'s third-quarter earnings report after the close Wednesday disappointed many investors, as it came at a time when the consumer backdrop appears healthy — which has some on the Street wondering if Pier 1's problems are its own. The Analyst...
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Highlights And Lowlights From Pier 1 Imports' Q3
Thursday, December 14, 2017 - 11:37am | 411Pier 1 Imports Inc (NYSE: PIR) reported Wednesday a top and bottom-line miss in its third quarter earnings report along with a disappointing fourth quarter and full year fiscal 2018 guidance. The Analyst KeyBanc Capital Markets' Bradley Thomas maintains a Sector Weight rating on Pier 1...
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Retail Expert: For The Consumer 'There Is No Bad News' But The Same Can't Be Said For Retailers
Monday, November 27, 2017 - 9:54am | 291Retail investors have valid reason to be concerned heading into the highly competitive holiday shopping season. However, the overall consumer remains strong and ready to shop. The Expert Jan Kniffen, a retail expert with J. Rogers Kniffen Worldwide. The Thesis Heading into the holiday season...
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How To Avoid The 'Black Friday Crunch'? Shop At Sears
Wednesday, November 1, 2017 - 5:04pm | 526Halloween has come and gone, which means it is now time to start looking forward to Black Friday shopping sales. The annual sales event is expected to be one of the busiest digital shopping days in U.S. history, according to a consumer insights and prediction report released by salesforce.com, inc...
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The 9 Hottest Toys For The 2017 Holidays, Courtesy Of Walmart
Friday, September 22, 2017 - 3:07pm | 731As Mommy trades her Ford Motor Company (NYSE: F) in for a Tesla Inc (NASDAQ: TSLA), little Timmy’s taking notes. This holiday season, he’ll pass on the vibrant Big Wheel and instead top his wish list with a sleek-bodied, black and white Huffy Electric Green Machine 24-Volt Battery...
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Toys 'R' Us Bankruptcy: Christmas Comes Early For Walmart, Amazon
Wednesday, September 20, 2017 - 10:58am | 520Toys "R" Us didn’t want to grow up. But as it resisted, its peers grew bigger, stronger, smarter and more assertive. Now, the retailer is deteriorating, stunted by developmental delays while its matured contemporaries seize the sandbox. Ever-evolving Wal-Mart Stores Inc (NYSE: WMT)...
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Jim Cramer: 'Target Is Getting Killed By Itself'
Wednesday, January 18, 2017 - 1:03pm | 351Target Corporation (NYSE: TGT) is the latest department store to report disappointing Holiday sales metrics. The company cautioned investors that its 1.3 percent decline in comparable sales during the Holiday season warrants a downward revision to its fourth quarter and full-year outlook....
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Attention Investors: It's Possible The Holiday Season Wasn't A Disaster
Monday, January 9, 2017 - 12:34pm | 291Retail investors were dealt a major blow last week when Macy's Inc (NYSE: M) and Kohl's Corporation (NYSE: KSS) reported disappointing metrics for their holiday shopping season. Although 2017 is just a few days old, Kohl's stock is already lower by more than 16 percent since the start of the year,...
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The Gap Delivers December Sales Upside Surprise
Friday, January 6, 2017 - 11:18am | 555Gap Inc (NYSE: GPS), the global retailer that sells clothing, accessories and personal care products across the Gap, Banana Republic, Old Navy, Athleta and Intermix brands, reported on Thursday its sales metrics for the November and December 2016 holiday season. Net sales for the five-week period...
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PVH's Prelim Results Show Luxury Brands May Be Immune To Woes At Partners Like Macy's, Kohl's
Thursday, January 5, 2017 - 2:37pm | 300Shares of Macy's Inc (NYSE: M) and Kohl's Corporation (NYSE: KSS) plummeted Thursday as both companies disappointed investors with announcements of poor holiday sales. While the department stores issued concerning updates, the same can't be said for the apparel makers. PVH Corp (...
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Kohl's Comps: We Knew They'd Be Bad, But Not This Bad
Thursday, January 5, 2017 - 2:14pm | 317Daniel Binder of Jefferies was expecting Kohl's Corporation (NYSE: KSS) to report poor holiday comps. However, the results were far worse than he anticipated. Despite the disappointment, he maintains a Buy rating on Kohl's stock with a price target lowered to $54 from a previous $57 following the...