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Yum China's Growth Story Remains Unchanged
Thursday, July 6, 2017 - 10:03am | 469Yum China Holdings Inc (NYSE: YUMC)'s earnings report on Wednesday sent the stock tumbling by more than 7 percent ahead of Thursday's market open. The restaurant operator of KFC and Pizza Hut locations in China reported that its revenue fell short of expectations in the quarter, which begs the...
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Nordstrom Rack A Demonstration Of Retail's Perseverance Amid Department Store Chaos
Friday, May 12, 2017 - 10:00am | 524Nordstrom, Inc. (NYSE: JWN) shares were left reeling despite a first quarter that saw a beat on both the top and bottom lines. The department store, often viewed as one of the strongest company’s in a struggling retail environment, fell over 11 percent on Thursday. While comp sales fell 2.8...
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Gadfly's Banjo: No, Macy's Poor Earnings Don't Dictate Retail's Future
Friday, May 12, 2017 - 9:28am | 392Macy's Inc (NYSE: M)'s stock plunged 17 percent on Thursday and hit a new multi-year low of $24.25. Investors and traders punished the stock after the department-store chain's earnings report contained many troubling metrics. Investors and Wall Street will now debate Macy's suitability as an...
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Gadfly's Shelly Banjo: Coach Just Put On Its 'Big-Boy Pants'
Wednesday, May 3, 2017 - 9:48am | 420Coach Inc (NYSE: COH) has had its fair share of woes over the years, but now the fashion icon is firing on all cylinders. According to Gadfly's Shelly Banjo, Coach's earnings report Tuesday signaled that the company has put on its "big-boy pants" and a multi-year long turnaround...
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Wal-Mart's New Incentive Is The Wrong Play, Gadfly's Banjo Argues
Sunday, April 16, 2017 - 4:38pm | 436Wal-Mart Stores Inc (NYSE: WMT) announced on Wednesday a new strategy it believes will win over customers from rival Amazon.com, Inc. (NASDAQ: AMZN): pay consumers to visit stores. Sort of. According to a CNBC report, Wal-Mart will give customers a discount for ordering an item online and having it...
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Gadfly's Banjo: Teens Know Best... When It Comes To Retail
Thursday, April 13, 2017 - 2:49pm | 362Teens might think they know best, but the adults know that isn't the case. But an exception should be made for investors: When it comes to retail, teens may know best. As noted by Gadfly's Shelly Banjo, Piper Jaffray's 33rd bi-annual "Taking Stock with Teens" survey offers investors a report card...
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Sports Authority's Loss Isn't Dick's Sporting Goods' Gains
Wednesday, March 8, 2017 - 3:05pm | 343Investors weren't wrong in their thinking that the closure of The Sports Authority and Golfsmith would benefit some of the sporting goods retailers remaining in the game, such as Dicks Sporting Goods Inc (NYSE: DKS). In fact, as noted by Gadfly's Shelly Banjo, Oppenheimer's retail analyst Brian...
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If Two-Day Shipping Is 'Table Stakes' For Wal-Mart, It Should Go 'All In'
Tuesday, January 31, 2017 - 3:56pm | 376Wal-Mart Stores Inc (NYSE: WMT) believes two-day shipping is merely "table stakes" then the company has no choice but to go "all in" to beat Amazon.com, Inc. (NASDAQ: AMZN) According to Gadfly's Shelly Banjo, Wal-Mart's move to ditch its ShippingPass program is the...
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What's Up With All The Vacant CFO Positions?
Thursday, December 29, 2016 - 4:02pm | 377If you are a financial executive with experience at the C-level, the following companies may want your services: Kohl's Corporation (NYSE: KSS), Coach Inc (NYSE: COH), Nordstrom, Inc. (NYSE: JWN), Whole Foods Market, Inc. (NASDAQ: WFM) and privately-owned Neiman Marcus. According to Gadfly's Shelly...
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Gadfly's Banjo: Kate Spade Shouldn't Sell Itself
Thursday, December 29, 2016 - 2:42pm | 453Shares of Kate Spade & Co (NYSE: KATE) soared higher on Wednesday after the designer and marketer of high-end accessories and apparel was said to be exploring strategic alternatives, including a sale of itself. On Thursday, a Bloomberg report suggested that the company will begin the sales...
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From Dial-Up Internet To Texting An Emoji: How Ordering A Pizza Transformed Over The Decades
Tuesday, December 27, 2016 - 4:48pm | 329Patrick Doyle is a 20-year veteran with Domino's Pizza, Inc. (NYSE: DPZ), so he helped guide the pizza chain's ordering strategy away from phoning locations to dial-up internet connections. As noted by Gadfly's Shelly Banjo, Domino's can count more than half of its sales from digital channels....
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A Strong And Confident Consumer Doesn't Mean Big Bucks Will Be Spent
Friday, December 23, 2016 - 12:00pm | 292The U.S. election is over with and the Dow Jones Industrial Average is flirting with the 20,000 mark. Gas prices remain relatively low compared to what they were at a few years ago. With that said, the consumer must be in a confident mood and spending the big bucks this holiday season. Right? Not...
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Finish Line Is An Example Of How Not To Operate An Apparel Business
Thursday, December 22, 2016 - 1:08pm | 369Finish Line Inc (NASDAQ: FINL)'s stock plunged 15 percent on Wednesday, and the decline carried over into Thursday's trading session in reaction to the company's poor third-quarter earnings report. Gadfly's Shelly Banjo hinted that Finish Line's poor results shouldn't necessarily come as a surprise...
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Cut Starbucks Some Slack, Selling $10 Coffee Is A Good Business Strategy
Friday, December 9, 2016 - 11:30am | 360Charging $10 for a cup of coffee seems like a ludicrous idea, but this is exactly what Starbucks Corporation (NASDAQ: SBUX) wants to do. According to Gadfly's Shelly Banjo, Starbucks isn't looking to overhaul its entire business and get rid of its tried and tested business model. Rather, the coffee...
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Chipotle Exec: We're Not Recovering Like We Hoped
Tuesday, December 6, 2016 - 10:50am | 456Chipotle Mexican Grill, Inc. (NYSE: CMG) opened Tuesday’s session down more than 7.5 percent following yet another disappointing quarterly report. Disappointment Continues A number of food safety issues plagued the company throughout late 2015 and early 2016, including multiple...