|Bid||46.00 x 1000|
|Ask||47.35 x 1000|
|Day's Range||47.06 - 47.40|
|52 Week Range||37.06 - 54.55|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.65%|
December retail sales were lackluster. But several underperforming areas have long-term potential and investors can tap those with ETFs.
On Thursday, the Commerce Department reported that retail sales dropped to its lowest level in nine years, which evidenced a drop in economic activity near the end of 2018 as markets were getting roiled by volatility. Looking at the data, the Commerce Department reported retail sales fell 1.2 percent, its largest drop since September 2009 as the financial crisis took a hold of the capital markets. In addition, November data was revised lower to show retail sales were up 0.1 percent as opposed to the previously reported 0.2 percent.
Retailer stocks were knocked broadly lower Thursday, after government data showed that December retail sales didn’t just surprise Wall Street by declining, but took the biggest one-month tumble in 9 years.
TripAdvisor’s Q4 Earnings Missed the Estimates(Continued from Prior Part)EBITDA performanceTripAdvisor’s (TRIP) fourth-quarter adjusted EBITDA rose ~38% YoY (year-over-year) to $87 million from $79 million in the fourth quarter of 2017. The
The trade war has taken a toll on imports to the U.S. from China, with the number of appliances entering the country dropping sharply in January, according to data from Panjiva, a global supply chain intelligence group. The year-over-year decline in refrigerator imports was 23.9% in January, while vacuum cleaners fell 14.9% for the period. Both items began to incur 10% duties in September. The steep declines are part of declines across a number of categories after a surge in December. Overall, imports to the U.S. were up 22.6% in December, and up an average of 14% for the fourth quarter of 2018. Imports from China were down 1.5% in January. "Among the major shippers of household appliances (including refrigerators and vacuums) both Samsung Electronics and LG Electronics have slashed their shipments in January with an 85.7% and 97.0% drop respectively," the Panjiva report said. The Amplify Online Retail ETF has gained 6.4% over the past three months while the SPDR S&P Retail ETF [S: xrt] has lost 7.3% for the period, and the S&P 500 index is up 0.3% for the period.
U.S. non-grocery retailers lost $300 billion in revenue in 2018 due to markdowns, according to a new report from Celect. That's the equivalent of about 12% of sales. The cloud-based inventory management platform polled 200 senior retail executives with help from Coresight Research. More than half of respondents (53%) attributed the missed sales to "inventory misjudgments." Respondents said 60% of sales are at full price. Among retailers who sell across platforms, only 6.3% of respondents said they sold 90% to 100% of their inventory at full price, below the 15% average. "This suggests that the complexity of omnichannel operations makes inventory management more challenging, as retailers selling through multiple channels must consider more variables that can affect sales," according to the report. The Amplify Online Retail ETF has gained 7.1% over the last year, the SPDR S&P Retail ETF has fallen 1.3% over the period, and the S&P 500 index is up 2% for the past 12 months.
Expedia Rose ~8% after Its Q4 Earnings Beat(Continued from Prior Part)Room night growth Lodging accounted for 69% of Expedia’s (EXPE) fourth-quarter revenues. Lodging is still the most important contributor to the company’s top line. Expedia’s
Thanksgiving day was the third largest online shopping day of 2018 with $3.68 billion in sales tallied, according to data compiled by Adobe Inc. and eMarketer. Cyber Monday was the number one online shopping day with $7.87 billion, and Black Friday was number two with $6.22 billion. EMarketer attributes the surge to mobile devices. Midway through the season, Adobe data showed that mobile shopping would hit a "landmark," with shoppers using their always-present devices to shop during their free time. The data shows that smartphones accounted for 51% of holiday digital shopping visits, and 31% of e-commerce sales. The SPDR S&P Retail ETF is down 7.8% for the past three months, the Amplify Online Retail ETF has gained 3.4% for the period, and the S&P 500 index has slipped 0.8% in the last three months.
The National Retail Federation (NRF) is projecting retail sales figures to grow from 3.8 to 4.4 percent, which is lower than the 4.6 percent growth experienced in 2018--something investors should take note of with respect to retail-focused exchange-traded funds (ETFs). ETFs to keep an eye on are the SPDR S&P Retail ETF (XRT) , Amplify Online Retail ETF (IBUY) and VanEck Vectors Retail ETF (RTH) . XRT is up 8 percent year-to-date, while IBUY is up almost 18 percent and RTH is 7.6 percent higher YTD.
The National Retail Federation announced its 2019 retail sales forecast, expecting the total to exceed $3.8 trillion with growth of 3.8% to 4.4%. "More people are working, they're making more money, their taxes are lower and their confidence remains high," said Matthew Shay, the group's chief executive, in a statement. "The biggest priority is to ensure that our economy continues to grow and to avoid self-inflicted wounds. It's time for artificial problems like trade wars and shutdowns to end, and to focus on prosperity not politics." The NRF said retailers so far have been able to blunt the impact of higher tariffs, but that could change if tariffs on $200 billion worth of Chinese goods go up to 25% from 10%. Preliminary numbers show that retail sales grew 4.6% in 2018, reaching $3.68 trillion. Online sales were up 10.4% to $682.8 billion, and are expected to grow 10% to 12% in 2019 as well. The SPDR S&P Retail ETF has gained 1.7% over the last 12 months. The Amplify Online Retail ETF has gained 11.3% in the past year. The S&P 500 index is up 3.2% for the period.
According to data provided by Statista, in 2017, retail e-commerce sales worldwide amounted to $2.3 trillion US dollars and e-retail revenues are projected to grow to $4.88 trillion in 2021. As such, Amplify ...
Amplify ETFs announces the launch of the Amplify International Online Retail ETF (NYSE Arca: XBUY), an index-based ETF that seeks exposure to international companies expected to benefit from the increased adoption of e-commerce around the world. “Many of the fastest growing e-commerce markets reside outside of the U.S., primarily in developing countries where mobile devices are stoking demand,” said Christian Magoon, CEO of Amplify ETFs. XBUY seeks investment results that generally correspond to the EQM International Ecommerce Index (XBUYXT).
China will surpass the U.S. to become the top retail market in the world, according to eMarketer data. Experts say China's market will exceed the U.S. by $100 billion in 2019, with sales growing 7.5% to $5.636 trillion. U.S. retail sales are expected to grow 3.3% to $5.529 trillion. Growth rates are decelerating in both countries. China has the highest rate of e-commerce sales in the world at 35.3%. Alibaba Group Holding Ltd. is leading the way with 53.3% share of sales, though its share has been on the decline. In 2019, Chinese e-commerce is expected to reach $1.989 trillion, and the country will have 55.8% of digital retail sales around the world. In the U.S., e-commerce accounts for 10.9% of retail sales. By 2022, eMarketer says total retail sales will reach $6.030 trillion in the U.S. and $6.757 trillion in China. The SPDR S&P Retail ETF has lost 10.4% over the last 12 months, the Amplify Online Retail ETF is down 2.7%, and the S&P 500 index has lost 7.3% for the period.
J. Crew Group Inc. announced Friday that its chairman, Millard "Mickey" Drexler," will retire to devote his time to developing Drexler Ventures LLC and his other interests. Chad Leat, a J. Crew director since Jan. 2017 and a retired vice chairman of global banking at Citigroup Inc. , will succeed Drexler as chairman, effective immediately. Drexler also previously served as chief executive of J. Crew, joining the company in that role in 2003, and founded Madewell. J. Crew has struggled to regain its iconic status after the departure of Jenna Lyons, the brand's superstar creative director. The brand recently replaced its chief executive with an "office of the CEO" and announced plans to discontinue its budget Mercantile and Nevereven lines, throwing the brand's partnership with Amazon.com Inc. into jeopardy. The SPDR S&P Retail ETF has fallen 5.5% in the past year, the Amplify Online Retail ETF has gained 3.6% for the period, and the S&P 500 index has slipped 4.6%.
Dividend investing is back in fashion as wild price swings in the stock market and prolonged uncertainties weigh on investor sentiment. Retail companies enjoyed a strong holiday season but online sales continue to eat into brick-and-mortar shops’ margins. Brazil came third as the nation’s stock market soared to all-time highs on positive momentum. Biotechnology shares marked a major reversal on mergers and encouraging trial data. Small caps closed the list as some investors are adding them back to their portfolios. Check out our previous Trends edition at Trending: Brazil Welcomes New President in Hope of Economic Resurgence.
Goldman Upgrades Expedia’s Rating, Sees ~24% Upside in the Stock (Continued from Prior Part) ## Rising online travel demand With the technological advancements, the dynamics of the travel industry have drastically changed over the past decade. Travelers are now moving to online travel booking agencies rather than traditional ones. In the past few years, online travel booking agencies have gained significant momentum due to increased mobile and Internet penetration around the world. Travelers can now more easily book their hotel rooms, train and flight tickets, rental cars, and vacation spots from anywhere just by signing in to an e-commerce travel site. Travelers can check the reliability of booking sites by checking their ratings and reviews. Users can also compare the prices of hotels and flights on various booking platforms. Apart from this, online platforms usually offer numerous deals on bookings, which is an added advantage for travelers. Statista expects global digital travel sales to reach $817.5 billion by 2020 from $629.81 billion in 2017. According to the latest data from Technavio, the global online booking platform is projected to increase at a CAGR (compound annual growth rate) of 11% from 2018 to 2022. The global travel industry is also expected to grow by 12% from 2017 to 2023. ## Expedia is poised to capitalize Expedia (EXPE) is one of the leading online travel booking agencies that has relationships with over 200,000 hotel owners across 200 countries. The company offers more than 300 packages for airline, car, cruise, and other travel bookings. With such a massive product portfolio and partnerships, Expedia is well positioned to capitalize on the growth opportunities in the travel industry. Further, the company’s sustained focus on technical enhancements should help it snag more market share. With the aim of easing the booking process for its users, Expedia is currently working on incorporating AI technology into its online travel business. The integration of AI technology could enable users to book or cancel flights and hotel reservations with voice commands on Alphabet’s (GOOGL) Google Assistant from any device. Also, users will be able to access information about their Expedia trip itineraries as well as packing lists for upcoming trips with a simple voice command. With a market cap of $79.6 billion, Booking Holdings (BKNG) is the biggest player in the online travel booking space, followed by Expedia’s $16.8 billion, Ctrip.com International’s (CTRP) $15.6 billion, and TripAdvisor’s (TRIP) $7.4 billion. Those who want exposure to Expedia stock may also invest in Amplify Online Retail (IBUY), which allocates 3.3% of its funds to the stock. Continue to Next Part Browse this series on Market Realist: * Part 1 - Goldman Upgrades Expedia’s Rating, Sees ~24% Upside in the Stock * Part 3 - What’s Driving Wall Street’s Bullish Stance on Expedia Stock? * Part 4 - What Analysts Expect from Expedia’s Q4 Top and Bottom Line
Amid the stock market swoon, this holiday season has emerged as the best in six years with an e-commerce bonanza and surge in last-minute shopping.
With the holiday shopping season winding down and amid a triple digit drop for the Dow Jones Industrial Average , more than half of the Amplify Online Retail ETF is in positive territory in Monday trading. Gap Inc. , TJX Cos. , Lululemon Athletica Inc. , Amazon.com Inc. , Macy's Inc. and Best Buy Co Inc. are each up about 1%; Abercrombie & Fitch Inc. is up 2.4%; American Eagle Outfitters Inc. is up 3.2%. Many retailers are offering free last-minute buy-online-pickup-in-store service on Christmas Eve, with Amazon pushing Prime membership up to Christmas day, and others pushing gift cards as a final option. The Amplify Online Retail ETF is down 6.6% in 2018 while the Dow Jones Industrial Average has falled 10.1% for the period.
With Christmas looming, it's not too difficult to be a good cheer if you're an online retail exchange-traded fund (ETF), especially since the latest number crunching suggests 2018 will be the biggest year for online retail sales. Adobe Analytics is reporting that online holiday retail shopping is fast approaching the $125 billion mark, and as of December 19, U.S. consumers have already spent $111 billion shopping behind a computer screen and an internet connection. ETF investors looking to capitalize on this record-breaking year can look to funds like the Amplify Online Retail ETF (IBUY) and SPDR S&P Retail ETF (XRT) .