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JPMorgan Retail Ace On Earnings: Department Stores Are Losing Relevance
Friday, May 13, 2016 - 12:57pm | 252How bad has earnings season been for retailers and department stores? According to JPMorgan's Matthew Boss, the answer is concerning for investors who hold positions in some of names. Speaking to CNBC, Boss said earnings for the group haven't been this bad since the 2008 financial...
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Citi Previews Department Store Q1 Earnings
Friday, May 6, 2016 - 2:02pm | 432Department store names have yet to report quarterly results, but many big names are on deck to report next week. Paul Lejuez of Citi previewed the department store sector in a research note. According to the analyst, major names saw their first quarter starting off strong but ending on a weak note...
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Kohl's Gains 2% Following Q4 Earnings Beat, Business Update
Thursday, February 25, 2016 - 10:14am | 370Shares of Kohl's Corporation (NYSE: KSS) were trading higher by around 2 percent after the company reported its fourth quarter results. Kohl's said it earned $1.58 per share in the fourth quarter on revenue of $6.387 billion. Wall Street analysts were expecting the company to earn $1.56...