DICK'S Sporting Goods Inc
Here are Oppenheimer’s leading inventory picks heading into July
Oppenheimer unveiled its major stock thoughts heading into a new trading thirty day period, all of which are observed outperforming around the upcoming 12 months in the market’s present-day ailments. The record provides in Centene , Worldwide Flavors & Fragrances and Agilysys , while getting rid of Salesforce , United Therapeutics and Trimble , amongst […]
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It was a strong week for retail earnings. That doesn’t spell a consumer comeback
A Foot Locker, Inc. store. Courtesy of: Foot Locker, Inc. Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re executing well and cash-strapped shoppers are choosing them over competitors. If there’s one takeaway from results posted by the largest U.S. retailers over the last […]
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Foot Locker stock surges 30% as turnaround shows signs of life
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first quarter, far better than the 3.1% drop-off that analysts expected, according to StreetAccount. The company also reaffirmed its fiscal year guidance, which projects sales to be between a 1% decline and a 1% gain, […]
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Shares building the biggest moves midday: Abercrombie & Fitch, UnitedHealth, Netflix and a lot more
Check out out the firms producing headlines in midday trading: Abercrombie & Fitch — Shares popped 22% soon after the clothing retailer posted fiscal initial-quarter income that grew 22% from a 12 months earlier. Abercrombie’s revenue through the period of time was just about seven periods compared to the calendar year-in the past time period […]
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Stocks producing the greatest moves premarket: Marathon Oil, Robinhood, American Airlines, Chewy & a lot more
Examine out the organizations generating headlines prior to the bell. ConocoPhillips — Shares slipped additional than 3% pursuing information that the corporation is attaining Marathon Oil in a $17.1 billion all-inventory offer, which is anticipated to close in the fourth quarter. Marathon Oil inventory rose extra than 7% adhering to the announcement. Dick’s Sporting Merchandise […]
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Dick’s Sporting Goods raises guidance, says shoppers are spending more on sneakers and athletic gear
A shopping cart sits in front of a Dick’s Sporting Goods store on August 26, 2020 in Daly City, California. Justin Sullivan | Getty Images News | Getty Images Dick’s Sporting Goods on Wednesday said customers are spending more on new sneakers and athletic gear, leading the retailer to raise its full-year earnings guidance. Shares […]
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Dick's Sporting Goods soars past holiday quarter estimates, raises dividend 10%
Dick’s Sporting Goods logo is seen on the shop in Williston, United States on June 19, 2023. Jakub Porzycki | Nurphoto | Getty Images Dick’s Sporting Goods raised its dividend by 10% on Thursday as the company posted its largest sales quarter in its history and projected another year of growth. Many retailers benefited from […]
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Foot Locker shares fall after heavy promotions lead to holiday-quarter losses
Shares of Foot Locker fell in premarket trading Wednesday after the sneaker retailer reported a holiday-quarter loss, issued weak guidance for the current year and said it’s behind on meeting its financial goals. Given how poorly its past fiscal year went, the company is now expecting the profitability goal it laid out during its March […]
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Under Armour shares jump after it raises profit expectations amid sliding sales
The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour said Thursday that its holiday-quarter sales slowed, but its earnings beat estimates as the athletic apparel retailer worked to rein in costs. Soft demand in North America and a slowdown in wholesale […]
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Peloton posts mixed holiday results, dismal quarterly guidance
Peloton managed to turn a gross profit off of its pricey connected fitness products for a second quarter in a row, but the company said Thursday it expects more challenges ahead after it failed to reach a number of goals CEO Barry McCarthy outlined a year ago. The retailer delivered mixed results for its holiday […]
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