|Bid||47.01 x 800|
|Ask||68.35 x 2200|
|Day's Range||47.83 - 49.67|
|52 Week Range||44.86 - 67.75|
|Beta (3Y Monthly)||0.46|
|PE Ratio (TTM)||17.92|
|Forward Dividend & Yield||1.48 (3.00%)|
|1y Target Est||N/A|
Retailers are seeing historic sales for Black Friday and Cyber Monday shopping as consumers shop on smartphones. Yahoo Finance's Julie Hyman, Adam Shapiro, Julia La Roche, and Taylor Schreiner - Director of Adobe Digital Insights discuss.
Retailers saw a big boost in mobile shoppers as Black Friday online sales increased by 23.6%. Yahoo Finance's Julie Hyman, Adam Shapiro, Brian Sozzi, Jerry Storch, CEO Storch Advisors and Liz Young, Senior Investment Strategist at BNY Mellon.
Holiday shopping begins, with customers spending already in the billions. Yahoo Finance's Jennifer Rogers and Andy Serwer discuss with E-marketer's Andrew Lipsman.
Blake Nordstrom said he will undergo chemotherapy over the next few months in Seattle. Doctors have told him he can continue to work throughout this process.
On this episode of the Full-Court Finance podcast, Associate Stock Strategist Ben Rains breaks down Lululemon's recent Q3 financial results and dives into the athleisure firm's future.
While the broader averages are in correction territory, Costco stock is less than 5% from its all-time highs. Because while broader markets are worried about higher interest rates and higher tariffs dragging down global economic growth, Costco is reporting its best results in a decade, and those numbers are only getting better. On Thursday, Costco reported that its U.S. comparable sales ex-fuel rose more than 10% in November, more than double the consensus estimate and meaningfully higher than October’s 7% increase.
Department stores ended the third quarter with inventory up year over year for the first time in a long time. However, it's not the red flag that some analysts and investors seem to think it is.
Shares of Stitch Fix, Inc. (SFIX) plummeted roughly 8% Friday as part of the larger market downturn, just one trading day before it reports its quarterly earnings results.
The L.A. startup provides a B2B e-commerce platform where more than 1,000 brands and 435,000 retailers sell and buy inventory from their computers or mobile devices.
Jonathan Litt of Land and Buildings Investment Management is calling for Hudson's Bay to sell off most of its brands and assets.
The retail rout continued on Thursday as some small specialty names and even larger department store chains suffered to varying degrees in the midst of what is expected to be a huge holiday shopping season.
shined Friday, but the stock was only up as much .08% to $36.19 a share Monday morning, before closing up 2.05%. Much of the success for these retail clothing names came on the back of strong digital spending, which some might think would provide a significant boost to these stocks, but are actually powering e-commerce names like Amazon.com Inc. Some of these big retail names aren't getting traction in the market Monday because investors are scooping up digital-focused and e-commerce stocks that have fallen hard of late and could be ripe for buying, Zev Fima, Research Analyst for Jim Cramer's Action Alerts Plus said.
Cyber Monday was on track to bring in a record $7.8 billion in U.S. online sales, as millions of shoppers scoured for steep discounts on everything from Lego sets to big-screen TVs. The marketing event was expected to pick up steam this evening as West Coast shoppers nab deals after work and those on the U.S. East Coast make purchases before bed, according to Adobe Analytics, which measures transactions from 80 of the top 100 U.S. retailers. "Many shoppers have waited on certain purchases, with three hours tonight expected to bring in as much revenue as an average full day," said Taylor Schreiner, director of Adobe Digital Insights.
Investors would normally be thankful for a strong U.S. economy, yet this holiday season they worry retailers may have to spend heavily to win, leaving shareholders with a lump of coal. Steep discounts are as familiar a sight during the holidays as rich desserts, but this year so is a fierce grab for a slice of the e-commerce market as Amazon.com Inc (AMZN.O) and Target Corp (TGT.N) offer free shipping for small purchases. U.S. shoppers formed long lines at checkout counters on "Black Friday" to take advantage of discounts on clothing and electronics, offering evidence that a healthy economy and rising wages are translating into stronger consumer spending at the start of retailers' make-or-break holiday season.
The upscale retailer plans capital returns equal to more than half of its current market cap between now and the end of 2022.
With the U.S. economy strong, forecasts are signaling massive sales from Thanksgiving to Cyber Monday, and early signs say those rosy outlooks are spot on. Shares of some big-box retailers like Walmart Inc. have been under pressure as Wall Street worries about compressed margins and hefty spending to compete online.
Shoppers across the United States snapped up deep discounts on toys, clothing and electronics both online and at stores on Black Friday, giving retailers a strong start to their make-or-break holiday season. “The prices today are very good,” said Jose Manuel Cruz Hernandez, 59, who hit the Del Amo Fashion Center in Torrance, California, with his sister Paulina Cruz, 66, who comes every year from Mexico City to shop. Cruz Hernandez, a foreman at an aerospace firm, said he was comfortable with the U.S. economy and his own finances and plans to spend another $1,000 on holiday gifts - about the same as last year.
Investors would normally be thankful for a strong U.S. economy, yet this holiday season they worry retailers may have to spend heavily to win, leaving shareholders with a lump of coal. Steep discounts are as familiar a sight during the holidays as rich desserts, but this year so is a fierce grab for a slice of the e-commerce market as Amazon.com Inc and Target Corp offer free shipping for small purchases. U.S. shoppers formed long lines at checkout counters on "Black Friday" to take advantage of discounts on clothing and electronics, offering evidence that a healthy economy and rising wages are translating into stronger consumer spending at the start of retailers' make-or-break holiday season.