Retail industry
3 takeaways from our daily meeting: Sticking by the 2-year Treasury, picking at chip stocks, and Club names in the news
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. The 2-year Treasury remains the right buy When to buy our chip plays Quick mentions: TJX, DIS, ABBV 1. The 2-year Treasury remains the right buy We’re saying good riddance […]
Read More
The union push could face a big obstacle in 2023 if the economy falls into a recession
Hannah Whitbeck (C) of Ann Arbor, Michigan, speaks as Alydia Claypool (L) of Overland Park, Kansas, and Michael Vestigo (R) of Kansas City, Kansas, all of whom say they were fired by Starbucks, listen during the “Fight Starbucks’ Union Busting” rally and march in Seattle, Washington, on April 23, 2022. Jason Redmond | AFP | […]
Read More
Why some analysts think investors should buy Nike after its latest earnings report
Nike shares are trading at an attractive entry point even as the sportswear giant faces a slew of macro headwinds and extra inventory, some Wall Street analysts say. On Thursday after the bell Nike announced results that beat top- and bottom-line estimates , but the stock slumped more than 9% as the company outlined extra […]
Read More
Nike’s results offer a clue about the strong dollar and the upcoming earnings season
How has the strong dollar impacted big multinational companies this quarter? Nike ‘s results after the bell on Thursday may offer a good preview of what’s to come as earnings season kicks into a high gear in mid-October. The sneaker and apparel giant saw a currency headwind of about 6 percentage points in its fiscal […]
Read More
Nike sales rise, but supply chain issues and inventories weigh on earnings
A woman shops for shoes in the Nike Factory Store at the Outlet Shoppes at El Paso, in El Paso, Texas on November 26, 2021. Paul Ratje | AFP | Getty Images Nike on Thursday said it had a strong first fiscal quarter despite supply chain issues, as well as declining sales in Greater China, […]
Read More
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 […]
Read More
Peloton will sell Bikes, Treads at Dick’s Sporting Goods in its first brick-and-mortar partnership
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton will begin selling its bikes, treadmills and other products in Dick’s Sporting Goods stores, marking the struggling fitness equipment maker’s latest push to expand its […]
Read More
Bed Bath & Beyond reports 28% drop in sales as it presses ahead with turnaround plan
A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond on Thursday said sales plunged by 28% in the fiscal second quarter, as the home goods retailer struggled to draw customers. Here’s how the […]
Read More
Amazon dominates the $113 billion intelligent property industry — here is how it employs the details it collects
Considering the fact that Amazon released the Echo intelligent speaker in 2014, it’s remained the biggest and quickest-developing participant in the sensible dwelling marketplace. Its most new enlargement consists of 4 new Echo gadgets, a new Hearth Tv set, two new Ring cameras with features like radar-triggered motion detection, and the Halo Rise contactless bedside […]
Read More
2 takeaways from our daily meeting: What’s behind the bounce and Club stocks in the news
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Market gets an oversold bounce Quick Club mentions: AAPL, LLY, EL 1. Market gets an oversold bounce U.S. stocks recovered after falling earlier Wednesday. Treasury yields pulled back from their highs and […]
Read More