|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||47.42 - 48.31|
|52 Week Range||37.72 - 48.38|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
The US Census Bureau releases a monthly report on retail sales in the US. According to the notes on the official website, the Census Bureau conducts an advance monthly survey of retail trade and food services companies. According to the December retail sales report, gains were spread across the industries.
Analyst Rupesh Parikh of Oppenheimer initiated coverage of Dollar Tree (DLTR) with an “outperform” rating on Wednesday, January 17. “We are initiating coverage of Dollar Tree (DLTR) with an Outperform rating and $130 PT,” said Parikh. Parikh’s $130 target price implies a 15% upside over Dollar Tree’s January 17 stock price.
This is a company still getting its butt kicked by a pioneering, hungry Adidas and a domineering, newly aggressive Nike. Over the past several years, Adidas transformed from an athletic performance company to a fashion company and, in so doing, started rapidly stealing market share away from Nike. Nike took note, and is now aggressively fighting back by starting its own fashion evolution.
Retail had a relatively healthy holiday season, and that, along with the benefits of lower corporate taxes and companies' efforts to combat ecommerce and Amazon (AMZN), has led to growing optimism about the sector. Instinet's Simeon Siegel and his team don't think so. In a note today, Siegel writes that with 71% of stores that report holiday results posting better-than-expected comparable, there's not any "compelling reason (yet)" to question the stocks' recent rally.
After lagging for much of last year, retail had a pretty healthy holiday season. That piece of positive news, coupled with the benefits of lower corporate taxes and companies' efforts to combat ecommerce and Amazon (AMZN), ...
Retail sales during the holiday season rose 5.5% in 2017 to $691.9 billion, exceeding the National Retail Federations forecast of a 3.6%-to-4% increase. The final total represents "the strongest gain ...
Walmart announced a wage increase on Thursday and credit tax cuts. But the retail landscape never really gave the company a choice.
Wal-Mart Stores Inc (NYSE:WMT) has been acting like, well, when the legendary Sam Walton was in charge. The company is again making bold moves as well as putting its scale to work. No doubt, Wall Street has caught on as WMT stock has come back to life.
Barclays upgraded Target stock (TGT) to “equal weight” from “underweight” and doubled its target price on the stock to $70 per share.
Average consumer expectations for business conditions form the only component of the Conference Board LEI (Leading Economic Index) that is not a leading indicator. Consumer expectations are based on two…...
Late last year, Wall Street fell back in love with the retail sector. Investors were encouraged by better online sales and year-over-year increases that drove retail stock prices sharply higher. STZ is similar to brands like Nike Inc (NYSE:NKE) that will do well under current macroeconomic conditions regardless of their outlets.
As per the ADP National Employment Report, US private sector employment rose by 250,000 jobs in December, a healthy improvement from the 190,000 jobs added in November.
One retail stock which has been an especially big winner is Michael Kors Holdings Ltd (NYSE:KORS). KORS stock is up more than 30% since the start of November. It’s actually up more than 70% since a blowout second quarter report in August supported the thesis that the worst is in the rear-view mirror for Michael Kors.
Yahoo Finance's Seana Smith talks with Keith Bliss of Cuttone & Company about how brutal 2017 was for retailers and whether planned store closures will help the ailing sector in 2018.
Nordstrom is expanding its workforce, announcing plans to hire 250 employees for its Men's Store in New York City. Is this a sign that retail will have a strong 2018? Yahoo Finance's Seana Smith, Rick Newman and Justine Underhill discuss what's ahead for the sector.