Previous close | 103.62 |
Open | 103.75 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 75.00 |
Expiry date | 2024-06-21 |
Day's range | 103.49 - 103.77 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Investors are scouring U.S. credit card spending patterns to size up which, if any, trends could give specialty retailers a boost in the summer months. Recent quarterly results from retailers show shoppers are selectively buying non-essential, nice-to-have products - forgoing electronics, but not being shy about plunking down cash on those wide-legged jeans they've been coveting. That's been good for sales of in-vogue products such as Birkenstock's shoes, Abercrombie and Fitch's jeans and Vuori's athleisure clothing - and less so for products from Home Depot and Best Buy.
American households want the biggest bang for their buck right now when they pull their wallets out to shop. That doesn’t mean they want something cheap all the time.
Big Lots (BIG) is taking aggressive measures to drive comparable sales growth later in the year and into 2025 while maintaining year-over-year improvements in gross margin rates.