-
Retail Pro Breaks Down Early Back-To-School Winners, Losers
Wednesday, July 22, 2020 - 1:41pm | 443Children and teens may or may not return to school in the coming weeks, so parents are likely to hold off on back to school purchases for the time being, SW Retail Advisors President Stacey Widlitz said on CNBC's "Worldwide Exchange." Back-To-School Winners: If the school year doesn...
-
'Unheard Of': The Early Reaction To Target's Big Quarter
Wednesday, August 21, 2019 - 1:53pm | 375Target Corporation (NYSE: TGT) reported a big second-quarter earnings and sales beat, which sent shares surging to new all-time highs. Quarter In Review Target's same-store sales of 3.4% beat estimates of 3% and e-commerce sales grew 34%. Research firm Edward Jones said the strong...
-
Will The Trade War Escalation Impact Consumers? Depends Which Pro You Ask
Monday, August 5, 2019 - 3:02pm | 490The escalation of the Sino-American trade war is likely to impact consumers although the weakening of the Chinese yuan should mitigate the impact of U.S. tariffs, Stacey Widlitz of SW Retail Advisors told CNBC Monday. Currency Uncertainty At a macro level, a weaker yuan cancels out a...
-
Experts React To Nike's Q3: Were Expectations Too High?
Friday, March 22, 2019 - 10:08am | 470Nike Inc (NYSE: NKE) reported fiscal third-quarter results Thursday that sent the stock lower as investors showed signs of concerns with poor North American sales. Poser: Expectations Were High Nike was up against high expectations in the recent quarter, and when investors take a...
-
Retail Pros Dissect Target's 'Scary' Numbers
Wednesday, May 18, 2016 - 11:43am | 314Target Corporation (NYSE: TGT) reported first quarter results in which the company exceeded Wall Street's expectations in terms of earnings, but fell short on the revenue side. Target also issued a downbeat forecast for its second quarter, which Paul Trussell of Deutsche Bank called "...