|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||56.34 - 57.15|
|52 Week Range||41.67 - 63.32|
|PE Ratio (TTM)||14.95|
|Forward Dividend & Yield||1.36 (2.41%)|
|1y Target Est||N/A|
Michael Beal, Data Capital Management CEO, discuss retailers using data ahead of Black Friday and which could come out on top.
It doesn’t happen often but Apple is dealing with another major product delay. Apple’s HomePod won’t be out till 2018, missing the crucial holiday shopping season. Yahoo Finance’s Alexis Christoforous, Melody Hahm and Brittany Jones-Cooper figure out what this means for Apple.
The last thing either Google or Wal-Mart want to see is Amazon locking up more customers by getting a pass code to their smart security locks.
The biggest fears surrounding Best Buy Co Inc (NYSE:BBY) have yet to be realized. The bear case for Best Buy stock was based on the “showroom effect.” In essence, customers would view items in Best Buy stores — and then buy them from Amazon.com, Inc. (NASDAQ:AMZN) or eBay Inc (NASDAQ:EBAY). Best Buy’s brick-and-mortar costs would prevent it from being fully price-competitive with online-only rivals, margins would compress, and BBY stock would sink.
Back in 2012, Best Buy Co Inc. (NYSE:BBY) was in trouble and management launched the “Renew Blue” strategy with new CEO, Hubert Joly. The first step under Joly, though, was what one might expect – close underperforming stores, cut jobs and find efficiencies in the supply chain. Within three years, Best Buy stock managed to cut almost a billion dollars in costs.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on November 20. Index (PMI) data, output in the Consumer Services sector is rising.
Retailers are offering deep discounts on all things tech, from MacBooks to smart TVs, just in time for Black Friday. Here are the 10 best deals on gadgets and gizmos from around the web.
Retailers start holiday sales early and emphasize 'exclusive items' not available on Amazon in order to boost sales ahead of the competitive season.
Carmax (KMX) stock fell 4.4% last week after Deutsche Bank downgraded the stock to “hold” from “buy.” It reduced the target price to $76 from $84.
Amazon Black Friday or Best Buy Black Friday? With HDTVs, Xbox, PS4, Apple and Samsung smartphones all on sale, which retailer has the best deals?
Kohl’s Corporation (NYSE:KSS) has announced the Black Friday Kohl’s hours for 2017. Before we even get to Black Friday, the retailer has started offering deals three days prior to Thanksgiving Day, with Kohl’s deals going live online at 12:01 a.m. CT on Monday, Nov. 20. As far as actual Thanksgiving Day shopping goes, Kohl’s will roll out in-store Black Friday deals starting at 5 p.m. on Thursday, which is an hour earlier than its 6 p.m. opening from a year ago.
As the holiday shopping season gets rolling, big retailers like Target Corp. and Best Buy Co. Inc. are trying new — and sometimes surprising — tactics as they position themselves against both online giant Amazon.com Inc. and weaker rivals. Richfield-based Best Buy (BBY) began offering Black Friday specials on TVs and other devices weeks ago to capture early sales. Minneapolis-based Target (TGT), meanwhile, is shifting to heavier weekend promotions (rather than a 10-day lead-up to Black Friday like it did last year) in the hopes of capturing more sales when its stores are busiest.