0$0.00

No products in the cart.

Tag: analyst

Retail stocks’ worst month ever, and chart analyst warns of more pain

Retail stocks are getting pummeled as the coronavirus outbreak worsens and swaths of the country enter a lockdown. The XRT retail ETF has fallen 33% in March, its worst month ever. Some of its components have performed even worse — Kohl’s, Macy’s, and Guess have all dropped by more than 60%. Ari Wald, head of …

Retail stocks’ worst month ever, and chart analyst warns of more painRead More

Shoppers flock to Costco over coronavirus fears, analyst expecting sales boost

Shoppers visit a Costco Wholesale in Tigard, Ore., Saturday, Feb. 29, 2020, after reports of Oregon’s first case of coronavirus was announced in the nearby Oregon city of Lake Oswego on Friday. Gillian Flaccus | AP Shoppers lined up in throngs at Costco stores across the country this weekend, stocking up on cases of water, trail mix, …

Shoppers flock to Costco over coronavirus fears, analyst expecting sales boostRead More

Analyst: Coronavirus will hit airport retailers worldwide

Airport retail, which has been on a fast track, is likely to decline as a result of the spreading coronavirus.  That’s according to GlobalData Retail, which said that the prevention of travel for Chinese consumers will impact the performance of airport retail worldwide. Global airport retail had been estimated to increase 6.1% in 2020, to …

Analyst: Coronavirus will hit airport retailers worldwideRead More

Analyst: Coronavirus will hit airport retailers worldwide

Airport retail, which has been on a fast track, is likely to decline as a result of the spreading coronavirus.  That’s according to GlobalData Retail, which said that the prevention of travel for Chinese consumers will impact the performance of airport retail worldwide. Global airport retail had been estimated to increase 6.1% in 2020, to …

Analyst: Coronavirus will hit airport retailers worldwideRead More

Apple’s ‘big story’ this holiday season is its credit card: Analyst

The “big story” for Apple this holiday shopping season won’t be what products consumers buy but how they pay for it, according to D.A. Davidson & Co. analyst Tom Forte. “AirPods Pro [is] a good product, but I think the story for Apple’s holiday sales this year is in payments with the Apple Card,” he …

Apple’s ‘big story’ this holiday season is its credit card: AnalystRead More

Grocery sales are rising but so is the pressure on profits, analyst says

Woman shops for groceries. Twenty20 Walmart continues to lead the U.S. grocery sector, but the gap with its rivals is narrowing, and pressure on profits is rising, according to a new report from Loop Capital Markets. Walmart has a 22% share of the $847 billion U.S. grocery industry, according to analyst Andrew Wolf. The retailer’s …

Grocery sales are rising but so is the pressure on profits, analyst saysRead More