Macy's Inc
One of our best-performing stocks lately reports earnings this week. Here’s what to expect
Off-price retailer TJX Companies (TJX), one of our best performing stocks since late summer, is set to report earnings this week Big picture We started our position in the parent of TJ Maxx and Marshalls on Aug. 24, which has proved to be a well-timed buy. From the close on Aug. 23 through Friday, TJX […]
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5 things to know before the stock market opens Monday
Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., November 11, 2022. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. A little fall sunshine Stocks are coming off a strong week, thanks in […]
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Retailers’ biggest holiday wish is to get rid of all that excess inventory
A clearance sale sign is seen at the Gap retail store on September 20, 2022 in Los Angeles, California. Allison Dinner | Getty Images As some of the nation’s largest retailers report quarterly earnings and revenue this week, Wall Street will pay close attention to another number, too — inventory levels. Walmart, Target, Gap, Kohl’s […]
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It’s vacations vs. shopping this holiday season, and travel has the edge
Retailers have a new threat this holiday season: wanderlust. Americans are returning to the skies, filling hotels, swarming theme parks — and they’re showing a willingness to spend more of their money on trips. That is setting up the fiercest holiday season battle for consumers’ wallets since before the Covid pandemic, with persistent inflation already straining household budgets […]
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Holiday bargains will dent retail profits. How investors can avoid taking a beating
Everyone loves a deal and consumers this holiday season can expect more savings at the store thanks to a glut of inventory at some of their favorite retailers. While the surplus merchandise is a boon for consumers, it means a potential hit to profitability for retailers — even if it encourages more shopping. It also […]
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Amazon’s ‘Prime Early Access Sale’ is on — here are the best deals to shop now
Amazon’s two-day “Prime Early Access Sale” is underway. Look for significant discounts on Amazon devices, such as the Kindle, Echo and Fire TV streamer, and its private-label clothing, according to Julie Ramhold, a consumer analyst at DealNews.com. As part of the sale, the Fire 55-inch 4K Smart TV with hands-free Alexa is 80% off and some […]
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Cramer’s lightning round: I’m very bullish on Disney
Walt Disney Co: “I’m very, very bullish. Bought some stock last week for the Investing Club.” Rio Tinto PLC: “I do think that the minerals may have bottomed here. I do think it’s also, by the way, a great company.” Macy’s Inc: “I prefer you buy it, not sell it. … I’d say, stick with […]
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Should really traders flee stocks? Strategists give their acquire — and reveal how to trade the volatility
September has traditionally been a seasonally weak thirty day period for stocks, and the market’s general performance more than the earlier thirty day period has absolutely burnished that standing. Hawkish remarks from vital Federal Reserve officials have additional compounded sector nervousness at a time when buyers are anxiously weighing their following move. Cleveland Federal Reserve […]
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Holiday shopping season expected to be muted as inflation squeezes shoppers
Shoppers hold hands at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters Retailers are scrambling to prepare for the fast-approaching holiday shopping season, but sales growth is expected to be muted this year as consumers cope with tightening budgets. A spate of reports say shoppers are likely […]
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American Eagle joins list of clothing retailers reporting bleak earnings
American Eagle clothing and accessories retailer American Eagle store seen in Tokyo. Budrul Chukrut | SOPA Images | Light Rocket | Getty Images American Eagle this week joined the list of clothing retailers reporting bleak earnings as the industry works to figure out the type of items people want coming out of the pandemic, while […]
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