June Same-Store Sales Results Look Shaky
Research firm Retail Metrics had forecast a year-over-year decrease of 0.3% for June and a 0.9% sales increase for the second quarter.
Research firm Retail Metrics had forecast a year-over-year decrease of 0.3% for June and a 0.9% sales increase for the second quarter.
For the third consecutive month, retailers are forecast to a post same-store sales gain of 0.9%, 30 basis points below lower than first-quarter growth according to analysts at Retail Metrics. It would…
24/7 Wall St. looked at major winners and loses at the effect of Brexit hits the U.K. and EU. VW and Gap (NYSE: GPS) have large sales and financial exposure. Walmart (NYSE:…
That The Gap Inc. (NYSE: GPS) is struggling is not exactly headline news. When the clothing retailer reported first-quarter last month, same-store sales were down 5% and total sales were down 6%.…
According to research firm LedBetter's examination of 230 brands titled "The Gender Equality Index," several companies have boards on which over half the members are women.
After a weaker than expected Employment Situation report, the broad markets took a downturn across the board in Friday’s trading session.
Retailers are announcing May U.S. same-store sales figures Thursday morning. Research firm Retail Metrics had forecast a year-over-year decrease of 0.5% for the month.
The top analyst upgrades, downgrades and initiations seen on Friday morning include Aflac, Applied Materials, Dick's Sporting Goods, Gap, Noble, Teekay Tankers and Urban Outfitters.
The Gap Inc. (NYSE: GPS) reported first-quarter 2016 results after markets closed Thursday. For the quarter, the clothing retailer reported diluted earnings per share (EPS) of $0.32 on revenues of $3.44 billion.…
May 19, 2016: Here are four stocks trading with heavy volume among 81 equities making new 52-week lows in Thursday’s session. NYSE decliners led advancers by nearly 2 to 1 while Nasdaq…
24/7 Wall St. has put together a preview of Cisco Systems, Wal-Mart and some of the other major companies reporting their quarterly results this week.
Particularly distressing to analysts and investors alike was Gap's failure to deliver on a promised turnaround this spring.
Retail stocks took a dive this past week as many retailers reported weak earnings. Some of these companies blamed the weather, weak comparable sales, guidance or even the rise of Amazon.
May 13, 2016: Here are four stocks trading with heavy volume among 89 equities making new 52-week lows in Friday’s session. NYSE decliners led advancers by 2 to 1 while Nasdaq decliners…
Gap has been downgraded to a junk rating at Fitch, after this week's disastrous earnings report.