With better-than-expected revenues and earnings, DICK’S Sporting Goods’ eCommerce sales jumped 15 percent in the first quarter. The company’s overall reported quarterly earnings beat estimates of analysts as the company increased its outlook for the full year, CNBC reported. The retailer reported net income of...
Shake Shack shares rose as much as 9.7 percent in late trading after the burger chain reported sales that beat estimates. Bloomberg reported that same-store sales went up 3.6 percent last quarter, beating analysts’ projected 0.8 percent increase. In addition, the company raised its forecast for...
After announcing in early January that holiday season sales had failed to live up to their potential, Macy’s chopped its 2018 forecast for same store sales growth to 2 percent from its original predictions of 2.3 percent to 2.5 percent comparable sales growth. The retailer...
After a disappointing holiday quarter in 2017, the pressure was on Starbucks, which reported its most recent quarterly earnings yesterday (Jan. 24). Investors were eager to see if the brand’s efforts to streamline its special offerings, and efforts for holiday 2018, had brewed up a merrier picture....
January 25, 2019
After a disappointing holiday quarter in 2017, the pressure was on Starbucks, which reported its most recent quarterly earnings yesterday (Jan. 24). Investors were eager to see if the brand’s efforts to streamline its special offerings, and efforts for holiday 2018, had brewed up a merrier picture. By the numbers, Starbucks delivered. Earnings came in at $.68 […]
November 16, 2018
It would be an overstatement to say that Amazon should be incredibly worried about Walmart these days — as Amazon is undeniably doing great by almost any rational measurement. Still, coming...
August 18, 2017
Investors aren’t an easy bunch to please these days, especially investors with retail holdings who’ve had a rough go of things lately. Case in point: Walmart beat on earnings and...
August 11, 2017
Yes, Macy's earnings were better than the Street expected, but expectations were hardly a high bar. The sales declines continue, the guidance was soft, and yet, there were a few,...
February 11, 2020
Walmart de Mexico’s sales are looking up, with a 2.7 percent increase at stores open for more than a year over the same time last year, according to Reuters on Monday (Feb.10). The company, sometimes known as Walmex, is Mexico’s biggest retailer and said its total sales had jumped 4.2 percent since last year. Walmart […]
May 29, 2019
With better-than-expected revenues and earnings, DICK’S Sporting Goods’ eCommerce sales jumped 15 percent in the first quarter. The company’s overall reported quarterly earnings beat estimates of analysts as the company...
May 03, 2019
Shake Shack shares rose as much as 9.7 percent in late trading after the burger chain reported sales that beat estimates. Bloomberg reported that same-store sales went up 3.6 percent last...
October 09, 2018
Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 percent stake in Starbucks. The Wall Street Journal (WSJ), citing comments Ackman made...
