Tag: Retail industry

Stellantis to bid farewell to Dodge and Ram leader Tim Kuniskis as he announces retirement.

Tim Kuniskis, head of Fiat Chrysler’s passenger cars division in North America, is retiring after a nearly 32-year career with the automaker and its predecessors. Kuniskis, who has led several of the carmaker’s brands in North America, is best known for leading Dodge for most of the last decade. He is considered the “father” of […]

Q4 Earnings Report for Canada Goose (GOOS) in 2024

Canada Goose shares surged 16% on Thursday after the company reported earnings for the fiscal fourth quarter and announced it was expecting year-over-year sales growth for fiscal year 2025. The stock market saw a positive reaction to the news, with investors excited about the company’s performance. Earnings per share came in at 5 Canadian cents, […]

Walmart Reports Strong Earnings for Q1 of 2025

Walmart Set to Report Earnings Amidst Uncertainty in Consumer Behavior As Walmart prepares to release its earnings report on Thursday, all eyes are on the retail giant to provide insight into the state of the American economy. With analysts predicting adjusted earnings per share of 52 cents and revenue of $159.50 billion, the expectations are […]

Danaher demonstrates the benefits of holding onto a struggling stock in a strong company

The stock market saw impressive gains on Wednesday, with the S&P 500 and Nasdaq reaching new intraday highs. The catalyst for this rally was a cooler-than-expected April consumer price index, which led to a rally in Treasury prices and a decline in yields. This, in turn, increased the market odds for multiple Federal Reserve interest […]

Q1 2024 Earnings Report for The Home Depot (HD)

The Home Depot recently reported quarterly revenue that fell below Wall Street’s expectations, citing a slowdown in customer spending on bigger projects like kitchen and bath remodels due to higher interest rates. The company reaffirmed its full-year guidance, including an additional week from the prior year, with total sales expected to grow about 1% in […]

Alibaba’s (BABA) Fourth Quarter 2024 Earnings

Alibaba, the Chinese e-commerce giant, is making waves in the tech world with its announcement of a new artificial intelligence chatbot rival to ChatGPT. The company revealed that its own product is currently undergoing internal testing, sparking excitement among tech enthusiasts worldwide. In its fiscal fourth quarter ended in March, Alibaba posted strong revenue numbers, […]

NRF denies Shein membership as retailer seeks U.S. IPO opportunity

Shein, a Chinese-founded fast fashion giant, is making waves in the U.S. retail industry as it gears up for a potential IPO in the country. However, the company is facing hurdles in winning over the National Retail Federation (NRF), the industry’s largest trade association. Despite its significant revenue and valuation, Shein has been repeatedly rejected […]

Consumer Demand Remains Strong for Sweetgreen, Chipotle, and Wingstop

The restaurant industry has been facing a significant slowdown in sales and traffic, causing many eateries to struggle. However, some high-income consumer-driven chains like Chipotle Mexican Grill, Wingstop, and Sweetgreen have managed to report strong sales in the current quarter, defying the broader trend. While companies like McDonald’s, Starbucks, and Yum Brands have experienced a […]

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