Last week’s grocery stocks were a mixed bag as Costco hit new highs but others fumbled. Whole Foods (WFM) saw some additional movement in the past week, continuing its upward trend since the second trading week in February. Market close on Friday (Feb. 24) saw...
Gap Inc.’s holiday shopping successes led the company to post earnings for Q4 that hit above analyst expectations, indicating that perhaps the apparel retailer could be headed toward recovery after a significant period of decline. The apparel retail giant reported net income of $220.0 million...
National department store chain Kohl’s recently released its fourth-quarter financial earnings for 2016. While online order volumes were strong in Q4, slowing traffic to physical stores led to overall weak sales results for the end of 2016 to January 28, 2017. Kohl’s overall profits came in...
Home Depot’s earnings have reportedly reaped the benefits of a strong U.S housing market. Earlier this week, Home Depot reported that Q4 sales beat analysts’ projections, hitting $22.2 billion. Same-store sales rose 5.8 percent in Q4. Home Depot said it added $11 billion to the...
February 10, 2017
Last week, Amazon released its Q4 earnings report for 2016, and while the company posted revenue of $43.7 billion, the reality fell below The Street’s $44.7 billion expectations, sending shares down 4 percent in after-hours trading as a result. Looking at Amazon’s year-end numbers, it’s clear that at least part of the reason Amazon lost […]
