3.03k followers • 9 symbols Watchlist by Yahoo Finance
This basket consists of brick and mortar who have lost considerable market share to online competition.
Casper Sleep Inc, the U.S. online mattress retailer whose investors include actor Leonardo DiCaprio and rapper 50 Cent, is seeking to hire underwriters for an initial public offering (IPO), according to people familiar with the matter. Casper's IPO comes as the company has been expanding into brick-and-mortar retail, transitioning from temporary to permanent stores. It is betting that its popularity with urban millennials will ensure it does not share the same fate as Mattress Firm Inc, the largest U.S. brick-and-mortar mattress retailer that filed for bankruptcy protection last year.
From attracting gay and lesbian tourists to taking part in Pride marches, businesses and governments across Latin America are stepping up efforts to tap into the potentially lucrative pink dollar driving LGBT+ rights more into the mainstream. Ecuador this month officially launched the country's first LGBT Chamber of Commerce in Quito, the latest in a regional effort to highlight the LGBT+ market to the private sector. Mexico's Secretary of Tourism Miguel Torruco Marques this month signed an agreement with the International Gay and Lesbian Travel Association (IGLTA) to promote LGBT+ tourism.
Investment in merchandising of brands, digital marketing and product innovation is expected to help Williams-Sonoma (WSM) grow further.
Apple (AAPL) and Amazon (AMZN) are two of the largest companies on the planet. The tech powers have reshaped industries and changed the way millions of people function on a daily basis. But today, Apple and Amazon face possible transition periods as they try to expand their offerings to drive growth. So which stock, AAPL or AMZN, is a better buy?
General Electric Co on Tuesday reached a $49 million settlement to end a long-running lawsuit over its relationship with Thomas Petters, the Minnesota businessman serving a 50-year prison term for running a multibillion-dollar Ponzi scheme. The settlement between GE and a trustee for two bankrupt Florida investment funds known as Palm Beach Finance, who was seeking $651 million, was filed with the federal bankruptcy court in West Palm Beach, Florida. GE denied liability in agreeing to settle claims related to its General Electric Capital unit, one of Petters' lenders.
Many larger retailers have started to hit back against Amazon, leveraging their network of locations to offer services like reserve in-store and quick returns.
Unfavorable weather conditions are likely to have an adverse impact on Beacon Roofing's (BECN) bottom line in second quarter of fiscal 2019.
How Amazon and Alibaba Are Facing Competition(Continued from Prior Part)AmazonGo looks set for London opening Amazon (AMZN) has secured retail space in central London, where it plans to open its AmazonGo stores, according to The Grocer.
How Amazon and Alibaba Are Facing Competition(Continued from Prior Part)Amazon not done shaking up the pharmacy space Amazon (AMZN) recently began letting customers use funds in their special healthcare savings account to pay for purchases of
Why Best Buy Stock was Upgraded by Oppenheimer(Continued from Prior Part)Comparing Best Buy’s valuation with peers’ As of March 22, Best Buy’s (BBY) 12-month forward PE ratio was 12.3x, while specialty retail peers GameStop (GME) and
How Amazon and Alibaba Are Facing Competition(Continued from Prior Part)Pointing shoppers to cheaper productsAmazon (AMZN) has been quietly testing a shopping feature with pop-ups pointing shoppers to cheaper alternatives as they browse its
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains breaks down Nike's (NKE) Q3 fiscal 2019 financial results that led to a small selloff on the back of lower-than-expected sales in a key business. The episode then dives into what to expect from Lululemon's (LULU) Q4 earnings.
Why Best Buy Stock was Upgraded by Oppenheimer(Continued from Prior Part)Why Best Buy’s gross margin narrowed last yearIn fiscal 2019,1 Best Buy’s (BBY) gross margin narrowed by 20 basis points to 23.2%. Its gross margin contracted by ten
Why Best Buy Stock was Upgraded by Oppenheimer(Continued from Prior Part)Recent performanceBest Buy’s (BBY) revenue grew 1.7% to $42.9 billion in fiscal 2019.1 The company’s overall same-store sales grew 4.8% in fiscal 2019, and its domestic and
Why Best Buy Stock was Upgraded by OppenheimerOppenheimer upgrades to “outperform” On March 22, Oppenheimer upgraded Best Buy (BBY) stock to “outperform” from “perform” and set its price target at $86. Best Buy’s transformation from a
Hibbett (HIBB) posts robust fourth-quarter fiscal 2019 results. As a result, management issues encouraging earnings guidance for fiscal 2020.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Target (TGT) have what it takes? Let's find out.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Zacks.com featured expert Kevin Matras highlights: Darden Restaurants, Best Buy, BioSpecifics Technologies and ONEOK