Nike’s Incredible Digital Sales Fail to Offset Store Closures
Nike released disappointing fiscal fourth-quarter financial results after the markets closed on Thursday, and shares slipped early Friday.
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California Pot Merchants Hit by New Labeling Requirement
A labeling requirement in California warning consumers of the risks of products derived from cannabis could have a chilling effect on the state's legal growers and retailers.
Aurora Cannabis Layoffs and Plant Closures May Shine Light on Cannabis Industry Realities
What does it say about long-term industry expectations when a leader in the cannabis field is laying off more employees and closing plants as a restructuring effort?
3 Stocks to Buy in the Staycation and Solitary Leisure Economy
Robert Ohmes and his team at BofA Securities see these three picks as winners in the "solitary leisure" theme.
Tyson Foods Is Playing a Game of COVID Chicken With China
Tyson Foods took a hit on Monday after it came to light that China’s customs agency has suspended poultry imports from one of the company’s facilities in Arkansas. The suspension is COVID-19 related.
Your Mexican Beer Might Be Coming From Europe
The next time you open a bottle or can of the popular Mexican beer called Dos Equis, according to Beer Business Daily, it might have been produced not in Mexico at all, but roughly…
Are Smith & Wesson Earnings Really Not Enough for Investors?
Strong consumer demand for firearms helped Smith & Wesson deliver growth and market share gains in its firearms business in fiscal 2020.
Why Good News From 3 Top Airlines Can’t Keep Their Stocks Flying Higher
The comorbidity of the instant recession and COVID-19 has caused severe damage to anything tied to tourism. The airline industry previously enjoyed extremely healthy balance sheets and full planes, and demand was so strong…
Why This Analyst Sees Beyond Meat’s Prospects Improving
Beyond Meat has announced a new product line just in time for summer, and one key analyst has hiked his target price for the faux meat firm as well.
How New Juul Lawsuits Could Affect Altria Stock
With new e-cigarette lawsuits, Juul is anything but the jewel in the Altria crown.
Why Lakeland’s Q1 Results Are So Impressive
Lakeland Industries shares soared after it reported much better than expected fiscal first-quarter financial results.
Short Sellers Hike Their Bets in Cannabis Stocks
Cannabis stocks in general stumbled in the latter half of last year. Wall Street expects profits, and none of these companies is anywhere near profitability. In the United States, high state and local taxes…
How Nike Stock Returned to Pre-Pandemic Heights
If an apparel retailer can turn a temporary shutdown of its brick-and-mortar stores to an advantage, it should come as no surprise that the company is Nike.
Aurora Cannabis Stock Gets Boost from Ontario, Cannabis 2.0
There may be a new dawn for Aurora Cannabis as online sales rise, new retail outlets open, and Reliva deal offers access to U.S. market.
Chinese Deals Feed Beyond Meat Stock
Which retailer wouldn’t want to have a hit with Chinese consumers? Investors have an appetite for Beyond Meat as it makes fresh inroads into China, the world’s largest consumer market.