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This basket consists of brick and mortar who have lost considerable market share to online competition.
All eyes will be on President Trump Tuesday for U.S.-China trade war updates. Walmart, Nvidia, and others are set to report their quarterly earnings. And why Casey's General Stores (CASY) is a Zacks Rank 1 (Strong Buy) right now...
Kohl's (KSS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nordstrom's (JWN) third-quarter fiscal 2019 results are likely to reflect gains from efforts to enhance store base and e-commerce. However, higher costs remain deterrents.
Kohl's (KSS) third-quarter fiscal 2019 results are expected to reflect escalated costs. The company's efforts to boost store and e-commerce sales bode well.
Retailers are making prudent investments to strengthen digital ecosystem and delivery capabilities. While these drive sales, they entail high costs.
Walmart stock is up over 13% in the last three months. Now, with the firm set to report its Q3 financial results before the opening bell Thursday, let's break down Walmart to see if investors should consider buying WMT shares...
PriceSmart's (PSMT) strategy to sell limited products at low prices helps it gain member loyalty. Moreover, the company's healthy membership renewal rate reflects strength.
Home Depot's (HD) ongoing strategies and solid execution are expected to get reflected in third-quarter fiscal 2019 results. Lumber price deflation and higher costs might be drags.
Wall Street predicts Dean Foods lost slightly less money in the third quarter than in the same period a year earlier. Shares in the Dallas-based dairy goods producer behind Friendly's ice cream and Organic Valley milk have struggled since a steep drop in August, when Dean reported weak second quarter results and installed a new CEO. Shares in McClatchy, the publisher of the Miami Herald, the Sacramento Bee and other newspapers, have stagnated near all-time lows this year.
Walmart’s quarterly earnings, US monthly sales and China’s Singles’ Day will create a jam-packed week for the retail sector in advance of the Christmas shopping season. Fed chair Jay Powell will also deliver closely watched testimony in Congress on the outlook for the US economy. Walmart will report third-quarter earnings at a time when the retail behemoth has benefited from heavy investments in its ecommerce business and a strong performance in the US.