Retail

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Amazon.com Already Beat Earnings, Unofficially (AMZN)

Amazon.com Inc. (NASDAQ: AMZN) did not sell off after it announced the acquisition of Zappos.com.  The deal was north of $800 million, and with shares up 5% Amazon now has a market cap of…

Douglas A. McIntyre · 17 years ago

McDonald’s (MCD) Serves Up Small Disappointment

The news out of McDonald’s (MCD) continues to be good. Same-store sales rose 4.3% in the second quarter, but EPS dropped to $.98 from $1.04. But, last year’s gain was up $.10 due to…

Douglas A. McIntyre · 17 years ago

$2 Billion IPO Filing: JBS USA Holdings (JBS)

JBS USA Holdings, Inc. has just filed for an initial public offering of common stock an an amount of up to $2,000,000,000.00. This consists of an international offering in the United States and other…

Douglas A. McIntyre · 17 years ago

Amazon Becomes Shoe Deity, Takes Over Zappos (AMZN)

This will seem like a no-brainer when you consider it.  Amazon.com Inc. (NASDAQ: AMZN) is acquiring online shoe leader Zappos.com in a deal said to be worth some $807 million consideration after shares, options,…

Douglas A. McIntyre · 17 years ago

Starbucks Earning Bucks (SBUX)

Coffee retail giant Starbucks Corp. (NASDAQ: SBUX) has just reported earnings of $0.24 non-GAAP EPS and $2.4 billion in revenues.  Thomson Reuters had estimates at $0.19 EPS and $2.38 billion in revenues.  Unfortunately, same…

Douglas A. McIntyre · 17 years ago

Yum!’s Domestic Numbers Head South (YUM)

Yum! Brands Inc. (YUM) has reported earnings.  The owner of KFC, Taco Bell, and Pizza Hut posted $0.63  EPS after a gain and $0.50 EPS outside of items and $2.48 billion in revenue.  Thomson…

Douglas A. McIntyre · 17 years ago

Online Jewelry Sales Heating Up? (NILE)

Generally speaking, it takes one significant analyst call to move a stock 10%.  Yet today, that is exactly what we are seeing in shares of Blue Nile Inc. (NASDAQ: NILE).  Citigroup raised its rating…

Douglas A. McIntyre · 17 years ago

The Recession Is Still Biting Costco (COST)

Investors looking for a retail recovery won’t find it at Costco (COST). The big box discount store operator said that sales in June fell 6% in stores that had been open at least a…

Douglas A. McIntyre · 17 years ago

Hot Topic: Twilight Can’t Help Forever (HOTT)

Hot Topic, Inc. (NASDAQ: HOTT) is continuing to lose its momentum.  The company had been a huge winner for being tied to the  apparel from the Twilight teen vampire movie.  But apparently vampire envy…

Douglas A. McIntyre · 17 years ago

Best Buy (BBY) Goes “Green”, Wastes Money

Best Buy (BBY) has decided that people want “green” products, or it has decided that it looks good to sell them. It may take awhile to find out if the move is simply one…

Douglas A. McIntyre · 17 years ago

K-Mart To Offer Discounts To The Unemployed

Several car companies have offered to make monthly payments for new auto buyers who lose jobs. Hyundai even has a program to take some vehicles back if their owners can’t find work. The K-Mart…

Douglas A. McIntyre · 17 years ago

Rite Aid’s Turnaround Looking More Likely (RAD)

Rite Aid Corporation (NYSE: RAD) may have just made the last or one of the last announcements that saved the reputation as far as it being a stock that investors would stay interested in. …

Douglas A. McIntyre · 17 years ago

Ruth’s Chris, or Ruth’s Hospitality, Raising Cash (RUTH)

Ruth’s Hospitality Group, Inc. (NASDAQ: RUTH) has filed a shelf registration to raise capital. The owner of the Ruth’s Chris Steak House chain has filed a mixed securities shelf to raise up to $200…

Douglas A. McIntyre · 17 years ago

Nike, Just Barely… Or Almost (NKE)

Nike Inc. (NYSE: NKE) is still trying to find its footing with its dominance during a nasty economy, no pun intended.  The sportswear, apparel, footwear, and equipment giant posted $0.99 EPS on a 7%…

Douglas A. McIntyre · 17 years ago