This weekend in Barron’s, the weekly publication published an article defending the valuation of Starbucks Corp. (NASDAQ: SBUX). Its article titled "Something Good Is Brewing" defened the company’s share price at current levels. We…
NIKE, Inc. (NYSE: NKE) reported quarterly revenue rose 17% to $5.4 billion, although currency changes increased growth by 7%. Net income fell 10% to $510.5 million, as earnings per shareh fell 8% to $1.03. …
Circuit City (CC) sacked the CEO who ran the company for the past four years. Philip Schoonover held every important job at the retailer from chairman to CEO to president. He was ejected because…
Hope is a fine human emotion until it moves to lunacy. A psychosis of optimism has seized the retail industry. The National Retail Federation says that sales will rise only 2.2% this holiday season.…
With its stock down more than 90% from the highs it reached in 2003,Krispy Kreme Doughnuts (KKD) is looking for something to restorethe company to same-store sales growth and long-term profitability. The answer? Small…
Nike Inc. (NYSE: NKE) has decided to jump on the stock buyback bandwagon this morning. The footwear and sports apparel and equipment maker has just announced it would repurchase up to $5 billion in…
In a sign that the people with the closest view of housing expect market conditions to remain weak for a long time, Lowe’s (LOW) is expected to announce this week that it is curbing…
OfficeMax Inc. (NYSE: OMX) somehow managed to not notice the major stock market rally. Its shares plunged 29% to $9.38 on 1.5-times an entire day’s average trading volume. Friedman Billings Ramsey downgraded the stock…
Urban Outfitters Inc. (NASDAQ: URBN) been immune for the most part from the stock market carnage. Shares closed down almost 5% at $34 today, but the stock still trades well nto the upper echelon…
Longs Drug Stores Corporation (NYSE: LDG) is doing something which may seem odd to many, which is essentially a "going with the bird in the hand" strategy. The company has just announced that its…
Wal-Mart (WMT) is not the only retailer benefiting from the consumer’s need to be cheap. Kroger (KR), which sells groceries to the middle class, reported robust earnings. The chain said it had revenue of…
Shares of Lululemon Athletica (NASDAQ: LULU) are being hit this morning on what seemed to be good earnings data on the surface. But when you dig down it seems that the growth is slowing…
If McDonald’s (MCD) keeps growing as fast as it is there won’t be any room left in the market for Starbucks (SBUX), Burger King, Dunkin’ Donuts, and all the little deli operators will be…
Dunkin’ Donuts plans to double its US stores to 15,000 by 2020. The management at the inexpensive coffee shop chain must have a crystal ball or a very good psychic. Not many companies know…
Starbucks (SBUX) will begin offering a one-sheet newspaper that will cover the key issues which will have to be addressed by the candidates for president. The product is called the Good Sheet, The paper…