Chewy Inc
Nordstrom earnings top expectations, retailer says it’s winding down Canada operations
Miami, Florida, Coral Gables Shops at Merrick Park, Nordstrom Department Store with shopper entering. Jeff Greenberg | Universal Images Group | Getty Images Nordstrom on Thursday reported lower sales and profits for the holiday quarter, although earnings topped Wall Street’s expectations. The company said it expects sales to decline in the new fiscal year, reflecting […]
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Nordstrom stock surges after report says activist investor Ryan Cohen bought a stake
Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Shares of Nordstrom surged Friday morning following news that activist investor and meme stock maven Ryan Cohen bought a stake in the high-end department store company. The stock was up about 30% […]
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Jim Cramer names 6 e-commerce plays that are buys, says to wait on Amazon
CNBC’s Jim Cramer on Friday offered investors a list of e-commerce plays he believes are worth buying, despite the group’s rough performance in 2022. “There are still some e-commerce plays that I’m willing to get behind here, the ones that have truly prioritized profitability,” he said. related investing news Here is his list: Etsy Shopify […]
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Cramer’s lightning round: Chart Industries is not a buy
Carvana Co: “I do not want you in Carvana. I have disliked this stock for ages, and I reiterate that I still dislike it.” Chart Industries Inc: “This is not the time to go into a really gigantic company that’s involved with making all sorts of the big tankers down there in LNG-ville.” Chewy Inc: […]
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Getaway rush: Why buyers may possibly want to incorporate retail ETFs to their cart
ETF Edge Holiday break hurry: Why buyers could want to incorporate retail ETFs to their cart Revealed Solar, Nov 27 202211:00 AM EST Noah Sheidlower@NSheidlower View Are living Resource
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These discounted e-commerce stocks could be winners this holiday season. Here’s why
It hasn’t been easy being an online retailer this year. E-commerce stocks have sold off in 2022 as investors ditched tech and growth names, looking to de-risk their portfolios as the economic outlook grew more uncertain amid rising interest rates and high inflation. Investors had already been rotating out of names such as Wayfair and […]
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Chewy is at an ‘attractive entry point’ after its stock pullback this year, Oppenheimer says
It’s time to buy Chewy at an attractive entry point, according to Oppenheimer. Analyst Rupesh Parikh initiated coverage of the online pet supplies retailer with an outperform rating. Shares of Chewy are down roughly 36% this year, underperforming the 21% decline in the S & P 500 over the same time period. “We believe the […]
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Buybuy Baby, a bright spot for Bed Bath & Beyond, reports steep drop in sales against tough comparisons
A customer carries a Buy Buy Baby shopping bag in New York, US, on Thursday, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Buybuy Baby has been a rare bright spot for struggling Bed Bath & Beyond. On Thursday, however, the baby gear chain reported a steep quarterly sales drop — raising eyebrows […]
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GameStop adding NFT trading cards to loyalty program perks as it deepens push into digital world
Pedestrians pass a GameStop store on 14th Street at Union Square, Thursday, Jan. 28, 2021, in the Manhattan borough of New York. John Minchillo | AP GameStop is adding NFT trading cards for the virtual game Gods Unchained as a perk for its loyalty program members as the legacy retailer works to deepen its reach […]
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GameStop reports wider loss, announces partnership with crypto exchange FTX
SAN RAFAEL, CALIFORNIA – DECEMBER 08: Customers enter a GameStop store on December 08, 2021 in San Rafael, California. Video game retailer GameStop will report third quarter earnings today after the closing bell. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images News | Getty Images GameStop said Wednesday that quarterly sales declined and […]
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