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Jetty Extracts Teams Up With Licensed Cannabis Wholesale Platform, Sets Sights On Nationwide Cannabis Market
Wednesday, August 14, 2024 - 1:49pm | 489California based companies Nabis and Jetty Extracts have announced a strategic partnership. Jetty is known for its pioneer brand of cannabis extracts, and Nabis for being a leader in wholesale for the cannabis industry. This collaboration between major players will enhance scalability and navigate...
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Nike's Self-Confidence Remains Intact Despite A Rare Revenue Miss
Friday, September 29, 2023 - 11:48am | 782On Thursday, Nike Inc (NYSE: NKE) reported fiscal first-quarter revenue that missed Wall Street’s revenue expectations for the first time in two years while beating earnings and gross margin expectations. Although it continues to pursue its DTC strategy, Nike reestablished its wholesale...
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Levi Follows Nike's Footsteps But Even With Everlasting Jeans, Business Model Success Doesn't Happen Overnight
Friday, July 7, 2023 - 9:44am | 952On Thursday after market close, the jeans retailer succeeded to narrowly beat Wall Street estimates. But Levi Strauss & Co (NYSE: LEVI) slashed its full year guidance as it reported a harsh drop in wholesale revenues and weakened U.S. sales which represent its largest market. When Bergh...
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Even Nike Is Rethinking Its Strategy
Friday, June 30, 2023 - 9:48am | 1280For the first time in three years, Nike (NYSE: NKE) posted a rare profit miss as high inflationary pressures and inventory glut cut into margins. On a brighter note, fourth quarter revenue topped Wall Street’s expectations but shares still dropped more than 4% during extended trading. In...
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California Cannabis Distribution Co. Launches Wholesale Marijuana Auction Platform
Thursday, February 24, 2022 - 11:29am | 141Gold Country Growers, Inc.has launched a compliant auction and inventory liquidation service for licensed cannabis businesses in California through the launch of the Cannabis Auctions web-platform. The launch of Cannabis Auctions brings the auction buying and selling format to the legal cannabis...
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How To Effectively Price Cannabis Products For Wholesale
Thursday, July 22, 2021 - 12:05pm | 1143This article was originally published on Confident Cannabis, and appears here with permission. There’s a fine line all cannabis businesses have to strike when it comes to pricing their products for Wholesale. If you price your products too high, you risk driving away customers. On...
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BJs Wholesale Is Creeping In On Costco's Territory: Here's How
Wednesday, March 3, 2021 - 2:20pm | 382Costco Wholesale Corporation (NASDAQ: COST) remains the wholesale leader, but smaller rival BJs Wholesale Club Holdings Inc (NYSE: BJ) is showing superior metrics. What To Know: Costco entered 2020 on a strong note but the early days of the COVID-19 pandemic quickly shifted buying habits, according...
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The Street Reacts To Costco's Big Q2 Earnings Beat
Friday, March 8, 2019 - 12:00pm | 838Costco Wholesale Corporation (NASDAQ: COST) reported fiscal second-quarter results that handily beat expectations while same-store sales were strong at 6.7 percent. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts RBC Capital Markets' Scot...
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Costco Has More Risk Than Upside, Wells Fargo Says In Downgrade
Friday, September 14, 2018 - 10:07am | 379Despite Costco Wholesale Corporation (NASDAQ: COSTCO)’s strong performance this year, Wells Fargo said the success represents a plateau for the warehouse club. The Analyst Wells Fargo analyst Edward Kelly downgraded Costco from Outperform to Market Perform and maintained a $235 price...
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Canaccord Sees Further Downside Risk For Michael Kors
Thursday, May 28, 2015 - 10:18am | 317In a report published Thursday, Canaccord Genuity analyst Camilo Lyon discussed Michael Kors Holdings Ltd (NYSE: KORS) fourth quarter results which underscores his concern that the brand is weakening. Shares remain Hold rated with a price target lowered to $48 from a previous $64. Lyon noted...
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UBS On Costco: 'Filling Up The Margin,' Hikes Price Target Following Q1 Print
Thursday, December 11, 2014 - 9:57am | 223Michael Lasser of UBS reiterated a Neutral rating on Costco Wholesale Corporation (NASDAQ: COST) with a price target raised to $145 from a previous $140 following the company's first-quarter results. Lasser is “encouraged” by several trends including members per average...