Ulta Beauty Inc
Retail expert Dana Telsey breaks down the holiday season’s potential winners and losers
This holiday season, Telsey Advisory Group CEO Dana Telsey expects more in-store shoppers and a movement away from spending on home improvement to clothing and beauty as consumers exit the pandemic mindset. But not all retail companies are on equal footing. “I think this holiday season’s gonna be about in-person shopping,” Telsey said on “Squawk […]
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Big bargains will dominate the holiday season, but shoppers may not be sold
People walk stores offering sales at a shopping mall in Santa Anita, California on December 20, 2021. Frederic J. Brown | AFP | Getty Images Grocery and energy prices have spiked, and credit card interest rates are climbing, but shoppers can expect some relief as they start holiday shopping. Retailers, desperate to coax inflation-fatigued consumers […]
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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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Where Walmart, Amazon and Target are spending billions in a slowing economy
A Walmart employee loads up a robotic warehouse tool with an empty cart to be filled with a customer’s online order at a Walmart micro-fulfillment center in Salem, Mass. on Jan. 8, 2020. Boston Globe | Boston Globe | Getty Images When the economy slows down, the classic response for consumer businesses is to cut […]
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Target CEO Brian Cornell to stay on for three more years, as company scraps retirement age
Brian Cornell, Chairman and Chief Executive Officer of the Target Corporation. Anjali Sundaram | CNBC Target CEO Brian Cornell has agreed to stay on in his role for about three more years, as the retailer announced Wednesday that it’s scrapping its retirement age of 65. “We enthusiastically support his commitment and his continued leadership, especially […]
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These were the week’s top performers, and Wall Road sees two of them rallying yet another 30%
This week’s major performers managed to uncover gains amid the industry downturn. All 3 major averages are on training course to close the week decrease , in what would be their 3rd destructive week in a row. Among the week’s vibrant places had been two names that Wall Street believes has a good deal far […]
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These kinds of stocks do well when recession fear is in the air, UBS says
Stocks are slouching into September as investors weigh the likelihood of a recession ahead. Still, UBS believes some high quality, high conviction names can outperform regardless of a slowdown. “We currently see Quality as having the best risk/reward across factors,” UBS strategist Keith Parker said in a Tuesday note. “When equity market implied recession probabilities […]
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Buy these cash kings for downside protection and flexibility in tough market, Morgan Stanley says
As Wall Street surveys for potential risks heading into September, some large-cap companies with strong balance sheets could offer investors both downside protection and even some growth, says Morgan Stanley. In the second quarter, certain companies in the Russell 1000 maintained healthy cash balances, even as they fortified their businesses by putting cash toward share […]
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Shares creating the biggest moves midday: Affirm, Digital Arts, Dell, Seagen and extra
In this posting SGEN PTON FTCH AFRM Digital Arts (EA) signage is exhibited on the again of a chair at the firm’s campus in Burnaby, British Columbia, Canada. Ben Nelms | Bloomberg | Getty Photos Electronic Arts (EA) signage is exhibited on the back of a chair at the company’s campus in Burnaby, British Columbia, […]
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Shares building the biggest moves premarket: Digital Arts, Gap, Ulta Attractiveness and more
Video clip1:0301:03 News Update – Pre-Marketplaces News Briefing Examine out the businesses building headlines before the bell: Electronic Arts (EA) – The video sport firm’s stock jumped 6.2% in the premarket on a Swedish media report that Amazon.com (AMZN) will announce an supply right now to buy EA. Hole (GPS) – Gap rallied 6% in […]
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