IPO Lockup Shares Spook Groupon Investors
Groupon, Inc. (NASDAQ: GRPN) is a busted IPO gone wrong and it is feeling the Facebook, Inc. (NASDAQ: FB) sting along with the rest of the social media sector. And to add insult to…
Retail
All Retail Articles
Newest first · Page 300Retail Sales Figures Rise at Most Stores (COST, TGT, M, KSS, JWN, SKS, GPS, TJX, ROST, SSI, LTD, SMRT, WTSLA, BKE, ZUMZ)
Retailers are reporting May same-store sales today and it looks like the predictions for modest growth are being realized. Research firm Retail Metrics Inc. forecast that same-store sales would grow by just 1.8%, although…
Another Big Quarter For Costco
Costco (NASDAQ: COST) continues to be the cream of big box retailers. May sales were up 7% to $7.67 billion. Same store sales were up 6%. Costco is not as large as either Wal-Mart…
Retail Sector Gets Slammed (SHLD, KSS, M, JCP, BONT, DDS, SKS)
The S&P Retail Index is down -2% in the late morning today, considerably below the overall DJIA decline of -1.2%, and it’s not entirely clear what’s causing the drop. Sears Holdings Corp. (NASDAQ: SHLD)…
Walmart Express Stores a Surprise Success
In a conference presentation earlier this week, Bill Simon, the CEO of US operations for Wal-Mart Stores Inc. (NYSE: WMT), made some comments about the 10 Walmart Express stores the company now operates. These…
After the Fall: Retail Stocks Upside Potential Remains (COST, WMT, TGT, M, KSS, JCP, GPS, LTD, AEO, ANF, TJX, DG)
Retailers have fared better than many other sectors over the past year, with the majority of share prices having risen although price to book values remain negative. Thus, either the sector is undervalued or…
Tiffany Lags, Expects More of the Same
Luxury jewelry retailer Tiffany & Co. (NYSE: TIF) reported first quarter earnings this morning that were a light even though revenues were better than expected. The company posted EPS of $0.64 compared with a…
Martha Stewart Returns to a Ghost Town
Martha Stewart has become chairman of Martha Stewart Living Omnimedia (NYSE: MSO), the company she founded. Legal trouble had kept her off the board. Now, after a stint as a director, she has moved into…
Does A Ralph Lauren Dividend Double Matter To Peers?
Ralph Lauren Corporation (NYSE: RL) has what would appear to be good news in most headline watching: the high-end apparel maker is doubling its dividend. Unfortunately this is getting lost in the shuffle after…
Assessing That Urban Outfitters Turnaround
Urban Outfitters Inc. (NASDAQ: URBN) is one retailer where the stall might be regaining some momentum. That is at least what the after-hours reaction has shown after the earnings report this evening contains some…
Can Best Buy’s Earnings Report Even Matter? (BBY, RSH, AMZN)
Best Buy Co. Inc. (NYSE: BBY) is set to report its earnings on Tuesday morning. The company has the earmarks of a value stock now that shares have sold off so much. The problem…
Kraft Gets IRS Nod for Spin-off
Kraft Foods Inc. (NYSE: KFT) announced this morning that it has received a “favorable private letter ruling” from the US Internal Revenue Service “confirming the tax-free status of the planned spin-off of the company’s…
Sears, Walmart Turnarounds?
Neither Sears Holdings Corp. (NASDAQ: SHLD) nor Wal-Mart Stores Inc. (NYSE: WMT) was expected to post big numbers for the quarter just ended. And they didn’t — but the numbers were better than expected.…
Blue Nile Loses Head of Merchandising & Diamond Supply
Blue Nile Inc. (NASDAQ: NILE) is losing a key member of its merchandising team. The online jewelry, diamond, and raw stone destination has a filing with the Securities and Exchange Commission showing a “Change…
Target’s Results, Outlook Optimistic
Big box retailer Target Corp. (NYSE: TGT) announced first quarter earnings this morning that were better than consensus estimates, and the company also raised its outlook for 2012. Target is the first of the…