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3 Risks To Williams-Sonoma's Plans To Accelerate Sales
Thursday, October 12, 2017 - 11:52am | 528Credit Suisse downgraded shares of Williams-Sonoma, Inc. (NYSE: WSM) Thursday, citing a trio of concerns. The rising cost of doing business in the sector could put more incremental pressure on the company's margins than is reflected in estimates and the stock, analyst Seth Sigman said. ...
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Retail Roundup: 9 Fresh M&A Rumors
Tuesday, May 30, 2017 - 9:11am | 846It can be hard to keep up with ever-changing M&A rumors; here's the situation for nine companies worth tracking. Abercrombie & Fitch Co. (NYSE: ANF) This clothing retailer is reportedly the target of a joint acquisition by American Eagle Outfitters (NYSE: AEO) and Cerberus Capital...
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Retail Earnings Expectations: Costco And Lowe's
Monday, May 22, 2017 - 8:58am | 616Reports from two big-box retailers will be among earnings highlights this week. Both of them are considered to be less affected by big e-commerce. Wall Street analysts expect good showings from each of them. The parade of big retailers sharing their latest quarterly results continues. While so...
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Mild Expectations For Best Buy And GameStop Earnings
Sunday, August 21, 2016 - 8:33pm | 733Upcoming earnings highlights include the latest results from two specialty retailers. Wall Street analysts are looking for earnings and revenue declines from both of them. Both have tended to beat earnings expectations in recent quarters. Many retailers have had their moment in the earnings...
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High Expectations For Adobe Earnings, Not So Much For Oracle
Sunday, March 13, 2016 - 11:10pm | 563Two software giants are expected to report their latest quarterly results this week. Wall Street analysts are looking for strong results from only one of them. A handful of other companies are expected to report earnings this week as well. Off-season quarterly reports from a couple of big tech...
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Oppenheimer: Williams-Sonoma Issues 'Transitory,' One Of 'Best-Run' Chains
Friday, September 4, 2015 - 3:32pm | 268Williams-Sonoma, Inc. (NYSE: WSM) is down nearly 15 percent since its August 19 peak of $89.38. Brian Nagel at Oppenheimer said that this pullback is due to a "subtly weaker" Q2 earning report that "unnerved already jittery investors." That loss is the patient investor...
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Study: This Retailer Dominates Online Home Furnishing
Sunday, August 31, 2014 - 9:05am | 560Online shopping is huge, but (for now) it is a relatively small part of the $220 billion home furnishing market--just 10 percent. With Millennials famous for shopping online and the online home furnishing market growing in double digits each year, smart retailers are setting up for future market...
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Deutsche Bank: An Activist Investor May 'Perhaps' Show Interest In Pier 1 Imports
Monday, August 11, 2014 - 9:59am | 485When Pier 1 Imports (NYSE: PIR) reported its first quarter results on June 19, the company's earnings per share and revenue fell short of what analysts expected. In addition, Pier 1 Imports lowered its full year fiscal 2015 earnings per share guidance to a range of $1.14 to $1.22 from $1.16...
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5 Of The Best Retailers For Kids
Friday, August 8, 2014 - 9:06am | 681Whether shopping for back-to-school, winter holidays, birthdays or in general, shopping for children is a unique experience. Retailers that specialize in children’s clothing, furniture or toys might seem to be the best bet, but that's not always the case. Here are five of the best...
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Markets Sell-Off After Malaysian Airline Crash In Ukraine
Thursday, July 17, 2014 - 4:50pm | 3179U.S. stocks sold off after news reports began to surface that a Malaysian Airlines jet has crashed in Ukraine. While details have yet to be confirmed, a Ukraine minister claimed that the plane, which carried nearly 300 people, was shot down by rebels. Also not helping the market sentiment...
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Markets Marginally Lower Ahead Of Earnings Season
Monday, July 7, 2014 - 4:37pm | 1929U.S. stocks were slightly lower as investors digested a report by Goldman Sachs speculating that the Fed Funds rate may be increased in the third quarter of 2015, earlier than expected. Earnings season unofficially kicks off this week with Alcoa (NYSE: AA) reporting on Tuesday. Many Dow...
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Consumer Confidence And Housing Data Take A Back-Seat To Markets
Tuesday, June 24, 2014 - 4:36pm | 2263U.S. stocks declined as the recent round of violence in Iraq may have escalated following reports that Syrian warplanes conducted raids in western Iraq, killing at least 50 people. The CBOE Volatility Index, also referred to as the "fear index", rose more than ten percent, trading...
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Market Wrap For June 2: Dow, S&P Continue Rising, Nasdaq Slightly Lower
Monday, June 2, 2014 - 4:36pm | 2382U.S. stocks were mostly positive on the first trading session of June in which investors were left confused over ISM's May Manufacturing data which was revised twice. Both the S&P 500 and Dow Jones indices reached new highs. The S&P 500 index reached a new all time high of 1,925.88...
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Market Wrap For May 28: Markets Take A Breather As Treasury Yields Fall
Wednesday, May 28, 2014 - 4:34pm | 2195U.S. stocks ended a four day rally which saw the S&P 500 hit historical all-time highs. However, during Wednesday's trading session the ten-year Treasury yield traded as low as 2.439 percent, the lowest level seen since June 2013. Volume remained below average during Wednesday's trading...
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Market Wrap For May 20: Markets Sharply Lower On Fed Talk, Disappointing Earnings
Tuesday, May 20, 2014 - 4:42pm | 2471U.S. stocks declined following troubling words from a Federal Reserve official. In a speech delivered Tuesday, the Fed's Charles Plosser hinted that the Federal Reserve should reduce the pace of its asset purchases in measured steps but an increase in interest rates “may come sooner than many...