retailers

BofA Securities analysts revisited their prior stance on the retail sector and presented a pair trade Thursday: bullish on electronics retailer Best Buy Co Inc (NYSE: BBY) and bearish on bed manufacturer and retailer Sleep Number Corp (NASDAQ: SNBR). The Best Buy, Sleep Number Analyst: Curtis Nagle...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) offers investors a compelling recovery story but the stock's run to north of $50 per share prompted two analysts to downgrade the stock. The Bed Bath & Beyond Analysts: Wedbush analyst Seth Basham downgraded Bed Bath & Beyond from...

Shares of GameStop Corp. (NYSE: GME) soared nearly 1,000% since Telsey Advisory Group upgraded the stock in September and the run "far exceeds our high fundamental expectations." The GameStop Analyst: Joseph Feldman downgraded GameStop from Outperform to Underperform with a price...

Morgan Stanley analysts revisited the entire Hardline, Broadline, and Food retail category with two upgrades and four downgrades. The Retail Analyst: Simeon Gutman upgraded: Sally Beauty Holdings, Inc. (NYSE: SBH) from Underweight to Equal-Weight, price target lifted from $9 to $13. Williams-Sonoma...

2020 may seem like a distant memory and we may have confirmation of how retailers performed throughout the holiday period, according to foot traffic analytic firm Placer.ai. 'Tremendous Resiliency': Retail foot traffic at 30 of the top retailers were down 48.1% year-over-year in May and...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) is scheduled to report fiscal third-quarter results on Thursday and foot traffic analytics company said the home goods retailer could close 2020 as a winner. What Happened: Bed Bath & Beyond reported a surprise profit in its fiscal second-quarter report...

The concept of Black Friday sales has been replaced with a holiday shopping season that started in October, according to SW Retail Advisors Stacey Widlitz. Six Week Event: Most retailers kicked off their "Black Friday sales" six weeks ago at around the same time Amazon.com, Inc. (...

Gap Inc (NYSE: GPS) reported third-quarter results that fell short of expectations and investors weren't buying management's optimistic tone. Gap reported quarterly earnings of 25 cents per share, which missed the analyst consensus estimate of 32 cents by 21%. Sales of $3.994 billion beat...

Nordstrom, Inc. (NYSE: JWN) reported third-quarter results that came in better than expected. Despite the stock's 20% gain in Wednesday's session, some analysts aren't convinced the report signals high-end fashion retailer could see better days ahead. Nordstrom reported quarterly...

The COVID-19 pandemic prompted retail giants to forego the traditional Black Friday sales promotion with a week-long event. A Different Event: Shoppers who consider themselves a "purist" could be disappointed this year as retailers need to rethink their strategy to contain the spread...

Heading into 2020, Costco Wholesale Corporation (NASDAQ: COST) was the clear leader of the wholesale club group while Walmart Inc's (NYSE: WMT) Sam's Club ranked second and BJs Wholesale Club Holdings Inc (NYSE: BJ) ranked a distant third. Has much changed heading into 2021? Location data...

September retail sales grew 1.9%, which beat expectations and this marked a reversal from August's sales growth that fell short of estimates, Ally Invest's Chief Investment Strategist Lindsey Bell said on CNBC. 'Really Strong Number': Friday's retail sales data shows the...

Foot Locker, Inc. (NYSE: FL) is well positioned as a strategic Nike Inc (NYSE: NKE) wholesaler and should see market share gains ahead of the holidays, according to BofA Securities. The Foot Locker Analyst: Robert Ohmes upgraded Foot Locker's stock from Underperform to Buy with a price...

The investment case for retail giant Walmart Inc (NYSE: WMT) appears to have improved this amid two under-reported catalysts. Walmart+ Trends: Piplsay surveyed 20,179 Americans aged 18 years and older and found 11% of respondents subscribed to Walmart's subscription platform called Walmart+...

Let the battle of retailers begin. Amazon.com, Inc. (NASDAQ: AMZN), Target Corporation (NYSE: TGT) and Walmart Inc (NYSE: WMT) will host an annual sale event on the same day. Amazon's annual Prime Days are on Oct. 13-14; Target's Deal Days, which launched in 2019, will also be...