Holiday Sales Stats: Confusion Reigns
Depending on which analysis Wall St. reads, Thanksgiving weekend retail sales were great. Or, they were as expected. Or, they might have been poor. The entire matte points out the problem of getting a…
Retail
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Newest first · Page 371E-Commerce Big For Holiday Weekend, May Benefit Sony (SNE) And Amazon (AMZN)
According to comScore, "online retail spending was strong on both Thanksgiving Day (up 29 percent to $272 million) and “Black Friday” (up 22 percent to $531 million), outpacing the season-to-date growth rate." If the…
Amazon.com’s Kindle e-Book Reader Sold Out: Hype or Mega-Hit? (AMZN)
Amazon.com (NASDAQ:AMZN) is apparently already sold out of its new Kindle electronic book reader. That is what the launch and intro page for the Kindle notes. What is not clear is if this is…
Crocston & New Crocs City (CROX)
This morning Crocs, Inc. (NASDAQ:CROX) announced it will open retail stores in Boston and New York City on Friday, November 23rd, its first East Coast locations. As an extra incentive to come buy at…
Whole Foods, Whole Earnings (WFMI, UNFI)
Whole Foods (NASDAQ:WFMI) is trading up in after-hours following the company’s earnings report. It posted 1.743 Billion revenues, and earnings were listed as $0.24 EPS (but that appears to be after $0.10 for pre-open…
Target Masks Earnings With Huge Stock Buyback (TGT)
Shares of Target Corp. (NYSE:TGT) are trading higher despite what might be a somewhat disappointing earnings number. The company posted EPS at $0.56, although First Call had $0.62 EPS as the target. The language…
McDonald’s (MCD) Knifes Starbucks (SBUX) Again
It is not bad enough that Consumer Reports said the McDonald’s (MCD) coffee tastes better than Starbucks (SBUX). Now, the fast good chain says it will introduce morning drinks that are so good that…
Starbucks 2008 Valuation: $18, $22, or $26 (SBUX, PEET, MCD, CBOU, THI)
We wanted to run some up and down scenarios for Starbucks now that the noise from the research calls have gotten out of the way and now that the post-earnings dust has settled. All…
Big Lots Stock Uglier Than Its Stores (BIG, TUES, WMT)
Shares of discount retailer Big Lots (NYSE:BIG) are seeing shares get hit pretty hard in a crummy discretionary spending environment. The 2.1% drop to $19.98 is under the $20.21 52-week low, and that is…
Wendy’s (WEN) Offer From Peltz, But Price Is Secret
The Associated Press writes "billionaire investor Nelson Peltz submitted an offer to buy Wendy’s International Inc. (WEN), but the proposed price is below what he previously said the nation’s third-largest hamburger chain is worth,…
Wal-Mart (WMT) Gives Workers A Break, May Burden Shareholders
Wal-Mart (WMT) is giving its workers better healthcare benefits. According to The New York Times "Wal-Mart, the nation’s largest private employer, provides insurance to 100,000 more workers than it did just three years ago." …
Home Depot Earnings Preview (HD)
Before the open on Tuesday morning, Home Depot (NYSE:HD) is set to report earnings. If you can find anyone positive they are either named "Pangloss" or they look like Robin Williams and named themselves…
Wal-Mart Earnings Preview (WMT)
Wal-Mart Stores Inc. (NYSE:WMT) is set to report earnings before the open on Tuesday morning. There is a discrepancy on earnings consensus, because the WSJ shows a FactSet consensus at $0.66 EPS and First…
Can Jones Soda Escape the Hansen Trap? (JSDA, HANS)
Jones Soda Co. (NASDAQ:JSDA) is set to report right after the close today, and it is actually surprising that the stock hasn’t seen more selling just out of sympathy with Hansen. The soda and…
Sotheby’s: No Auction Flippers Please (BID)
Just when you think the rich are immune and just when you think the super-wealthy Chinese and Russians will pay anything for any super-luxury good, the reminder is coming home that immunity is a…