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Walmart Shoppers Shun Electronics For Black Friday Deals On Eggs, Bread, Slippers
Friday, November 29, 2024 - 1:24pm | 457Some consumers might have groceries on their minds instead of Christmas gifts or in their holiday shopping carts. What Happened: Consumers are looking for top deals on televisions, video game consoles and toys this Black Friday shopping season, which comes as experts predict the shopping holiday...
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Black Friday, Cyber Monday Shopping Set To Break Sales Records
Wednesday, November 27, 2024 - 6:02pm | 649Retailers are expecting a record-breaking Black Friday to Cyber Monday shopping period as cash-strapped consumers are expected to shop early in the holiday season for sales promotions and savings. What To Know: Management consultancy firm Bain & Company forecasts U.S. retail sales during...
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Amazon Dominates Holiday Shopping As Black Friday Spending Soars: Goldman Sachs
Tuesday, November 26, 2024 - 1:29pm | 589Amazon solidified its position as the go-to destination for holiday shoppers this year, with consumer spending trends signaling a robust holiday season despite economic uncertainties. According to Goldman Sachs’ 2024 Holiday Survey, authored a team of analysts led by Brooke Roach, CFA, 35%...
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Gap Stock Soars On Better-Than-Expected Q3 Results, Raised FY Guidance: Details
Thursday, November 21, 2024 - 5:45pm | 459Gap, Inc. (NYSE:GAP) reported its third-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter. The Details: Gap reported quarterly earnings of 72 cents per share, which beat the analyst consensus estimate of 57 cents. Quarterly revenue came in at $3....
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Amazon Remains 'Best Idea' In E-Commerce This Holiday Season, JPMorgan Analyst Says
Wednesday, November 20, 2024 - 8:20pm | 455JPMorgan analyst Doug Anmuth sees strong online sales growth this holiday season and points to Amazon.com Inc. (NASDAQ:AMZN) as the firm's "Best Idea" for capturing the momentum. Here's a look at what Anmuth expects from the e-commerce giant during the 2024 holiday shopping season. Expert...
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Walmart Q3 Earnings Preview: Will Bulls Keep Riding High?
Monday, November 18, 2024 - 2:43pm | 451Walmart Inc (NYSE:WMT) will be reporting its third-quarter earnings on Tuesday. Wall Street expects 53 cents in EPS and $167.72 billion in revenues when the company reports before market hours. The stock is up 62.8% over the past year, 58.59% year-to-date. Let’s look at what the charts...
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Google's 'Holiday 100' Trending Gift List Features Sony, e.l.f. Beauty, Nike
Wednesday, November 13, 2024 - 6:35pm | 579Alphabet, Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google released its Holiday 100 annual list of curated gift ideas based on Google search trends data and Google's Shopping graph dataset of 45 billion product listings. Here's a look at some of the product searches trending this holiday season. ...
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Costco Reports September Sales Results: What To Know
Wednesday, October 9, 2024 - 5:00pm | 335Costco Wholesale Corporation (NASDAQ:COST) shares traded higher Wednesday before the company reported its September sales figures after the closing bell. The Details: Costco reported net sales of $24.62 billion for the retail month of September, which represents an 8.9% increase over sales of $22....
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Costco's Strong Q4 Performance Sparks Mixed Analyst Reactions As Stock Slides
Friday, September 27, 2024 - 10:35am | 1003Costco Wholesale Corporation (NASDAQ:COST) shares were down in early trading on Friday, even after the company reported upbeat results for its fiscal fourth quarter. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities On Costco...
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Expect Healthy Online Spending This Holiday Season, Says Analyst: What To Know
Wednesday, September 25, 2024 - 6:12pm | 442BofA Securities says U.S. consumers are focused on value and sees Amazon.com, Inc. (NASDAQ:AMZN) and Walmart Inc. (NYSE:WMT) well-positioned in the e-commerce industry to reap the benefits heading into the holiday season. What To Know: On Wednesday, BofA released its 2025 annual e-commerce survey...
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Consumer Morale Hits 4-Month High, Inflation Expectations Ease: 'Partisan Gaps In Sentiment Inched Up'
Friday, September 13, 2024 - 12:00pm | 674The average American consumer is more optimistic than expected in September, data shows. According to the University of Michigan’s September Survey of Consumers, the consumer sentiment index rose to its highest level in four months, surpassing economic estimates. This surge reflects...
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Big Lots Chapter 11 Could Mean Growth Opportunity For Ollie's Bargain Outlet, Analyst Says
Monday, September 9, 2024 - 6:50pm | 397Big Lots, Inc.’s (NYSE:BIG) filing for Chapter 11 bankruptcy protection could signify a growth opportunity for competitor Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI), an analyst said. The Columbus, Ohio-based discount retailer confirmed Monday that it would sell all of its...
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Five Below Stock Climbs After Q2 Results: EPS In-Line, Sales Beat
Wednesday, August 28, 2024 - 5:01pm | 415Five Below, Inc. (NASDAQ:FIVE) reported its second-quarter financial results after Wednesday's closing bell. Here's a look at the key figures from the report. The Details: Five Below reported quarterly earnings of 54 cents per share, in-line with the analyst consensus estimate. Quarterly sales...
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Walmart Stock: Bullish Or Bearish? A Tug-of-War Ahead Of Q2 Earnings
Wednesday, August 14, 2024 - 12:13pm | 646Walmart Inc (NYSE:WMT) is reporting its second-quarter earnings on Thursday. Wall Street expects 64 cents in EPS and $168.6 billion in revenues as the company reports before market hours. The stock is up 28.85% YTD, but down 1.70% over the past month. Let’s look at what the charts indicate...
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Costco Cracks Down On Non-Members Entering The Store: Will Sam's Club, BJ's Follow Suit? (UPDATED)
Friday, August 9, 2024 - 12:43pm | 488Editor’s note: This story has been updated with additional comment from Sam’s Club. Costco Wholesale Corporation (NASDAQ:COST) will shake up its entrance policies to crack down on non-members slipping inside the store. What Happened: The Issaquah, Washington-based company released a...