-
Target Hits Bullseye On Holiday Sales, But Margin Pressures Loom: The Bull Vs. Bear Case For 2025
Tuesday, January 21, 2025 - 11:36am | 441Target Corp (NYSE:TGT) pre-announced sales results for November and December on Jan. 16, with 2.8% growth in total sales and comparable sales up 2.0%. The comp estimate for the fourth quarter has been raised from a contraction of 0.5% to 1.5% growth. The gross margin estimate for the company has...
-
Target Analysts Weigh In On Holiday Gains, Sales Momentum
Friday, January 17, 2025 - 11:25am | 633Target Corp (NYSE:TGT) reported growth in holiday sales and kept earnings outlook unchanged. Here are some key analyst takeaways. Truist Securities On Target Analyst Scot Ciccarelli reiterated a Hold rating while lifting the price target from $129 to $134. Target's holiday sales growth of 2.8% was...
-
Retail Sales Disappoint, Jobless Claims Rise: Is US Consumer Losing Steam?
Thursday, January 16, 2025 - 9:52am | 550U.S. retail sales edged higher in December, showing that consumers kept spending through the holiday season, but the increase wasn't as strong as economists had hoped. At the same time, an unexpected rise in weekly jobless claims hinted at a cooling labor market. Retail and food services sales rose...
-
Walmart Refreshes Image With New Brand Identity
Monday, January 13, 2025 - 8:01pm | 372Walmart, Inc. (NYSE:WMT) announced on Monday an updated brand identity that includes subtle changes to its wordmark and spark logo, as well as its color palette. The Details: The mega-retailer worked with creative agency Jones Knowles Ritchie to create its updated brand identity which the company...
-
Stock Of The Day: Is Walgreens Breaking Out?
Friday, January 10, 2025 - 2:13pm | 544Walgreens Boots Alliance, Inc. (NASDAQ:WBA) shares are trading significantly higher Friday. The company posted earnings that were higher than estimates. The stock may be breaking out and it looks like it can go even higher. This is why our team of traders and technical analysts have made it...
-
Lululemon Athletica's US Sales Recover, Trends Could Accelerate This Quarter, Says Bullish Analyst
Friday, January 10, 2025 - 11:12am | 321While shares of Lululemon Athletica Inc (NASDAQ:LULU) underperformed the broader index in 2024 due to a slowdown in U.S. sales, checks indicate "a strong recovery of demand" during the holiday season, according to Needham. The Lululemon Athletica Analyst: Analyst Tom Nikic upgraded the rating for...
-
Goldman Sachs Analyst Is Bullish On Amazon But Not EBay Or Etsy
Thursday, January 9, 2025 - 12:32pm | 481Ahead of the fourth-quarter reporting season, Goldman Sachs’ Eric Sheridan sized up the e-commerce industry. In an analyst note published on Wednesday, Sheridan issued ratings for the following companies: Amazon.com Inc (NASDAQ:AMZN) with a Buy rating and a price target of $240. eBay Inc (...
-
Costco Powers Past Wall Street Expectations, Boasts Double-Digit E-Commerce Gains
Thursday, January 9, 2025 - 9:30am | 463Costco Wholesale Corp (NASDAQ:COST) reaffirmed its retail dominance, reporting an impressive 9.8% growth in December U.S. core sales. This result exceeded Wall Street’s 5.2% estimate and topped JPMorgan’s optimistic 6.7% forecast. JPMorgan analyst Christopher Horvers credited Costco's...
-
Costco Stock Climbs After December Net Sales Up 9.9% Year-Over-Year
Wednesday, January 8, 2025 - 6:21pm | 266Costco Wholesale Corp. (NASDAQ:COST) shares are trading higher after the company released its December sales results. The Details: Costco reported net sales of $27.52 billion for the retail month of December, the five weeks ended Jan. 5, 2025, an increase of 9.9% from $25.03 billion last year. Net...
-
Why PepsiCo Is An Opportunity For Investors With A Long-Term Time Horizon
Tuesday, January 7, 2025 - 2:40pm | 303The uncertainties around PepsiCo Inc's (NASDAQ:PEP) performance in 2025 are already priced into the stock, according to Piper Sandler. The PepsiCo Analyst: Analyst Michael Lavery initiated coverage of PepsiCo with an Overweight rating and a price target of $171. The PepsiCo Thesis: In the back half...
-
Ulta Beauty Stock Is Rising After Hours: Here's Why
Monday, January 6, 2025 - 5:46pm | 422Ulta Beauty Inc (NASDAQ:ULTA) shares are trading higher in Monday’s after-hours session after the company announced a CEO transition and updated its near-term outlook. What Happened: After the market close on Monday, Ulta announced that Dave Kimbell will retire as CEO and step down from the...
-
Big Lots Holds Liquidation Sales, Analyst Pegs Competitor As Major Beneficiary: 'Market Share Capture Opportunity'
Friday, December 20, 2024 - 1:50pm | 452Furnishing and retailer Big Lots Inc.’s (OTC:BIGGQ) Chapter 11 bankruptcy filing in September and impending store closures could benefit a close competitor, a Wall Street analyst says. What Happened: On Sept. 9, Big Lots filed for Chapter 11 and announced a subsequent sale of its assets...
-
Nike's Earnings Loom With Bearish Signals: Will The Swoosh Bounce Back?
Thursday, December 19, 2024 - 2:44pm | 626Nike Inc (NYSE:NKE) will be reporting its second-quarter earnings on Thursday. Wall Street expects 64 cents in EPS and $12.13 billion in revenues as the company reports after market hours. The stock is down 37.30% over the past year, 19.54% over the past six months. Nike Facing Slowing Growth,...
-
Walmart Begins Program That Has Employees Wear Bodycams For Safety
Tuesday, December 17, 2024 - 2:35pm | 676According to a CNBC report, Walmart, Inc. (NYSE:WMT) started providing body cameras to some of its store-level employees across the U.S. as part of a pilot program testing the technology. The Details: Shoppers have noticed Walmart associates wearing bodycams and signs posted at some store...
-
Costco Warns That Tariffs Raise Prices, Trump Team Says Trade Policies Will 'Make Life Affordable'
Tuesday, December 17, 2024 - 1:54pm | 915Retailer Costco Wholesale Corporation (NASDAQ:COST) is the latest company to warn about the impact tariffs imposed by President-elect Donald Trump could have on higher prices for consumers. What Happened: Costco beat analyst estimates for revenue and earnings per share in the first-quarter...