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Tag: Earnings conference calls

Retail stocks to watch as Macy’s, Target, Kohl’s report mixed earnings

Retail is set to reverse. That’s the call Mark Newton, founder and president of Newton Advisors, made Wednesday on CNBC’s “Trading Nation” after seeing the SPDR S&P Retail ETF (XRT), which tracks the sector’s top stocks, fall more than 3% week to date in the wake of weak earnings reports from Kohl’s and Urban Outfitters. …

Retail stocks to watch as Macy’s, Target, Kohl’s report mixed earningsRead More

Target soars on Q3 earnings. Jim Cramer and other pros react

Target hit the bull’s eye. The big-box retailer surged 14% in Wednesday’s trading session, hitting an all-time intraday high after posting earnings and sales results for its fiscal third quarter that handily beat Wall Street estimates. Brian Cornell, the company’s CEO and chairman, said in an interview with CNBC on Wednesday that when Target is …

Target soars on Q3 earnings. Jim Cramer and other pros reactRead More

This is Walmart’s ‘Achilles heel,’ expert says ahead of Q3 earnings

Walmart could be about to hit a wall. The world’s largest brick-and-mortar retailer is scheduled to report its fiscal third-quarter earnings on Thursday before the opening bell, and Wall Street experts are watching closely for any word on China, the Amazon.com rivalry or the state of the U.S. consumer. But not everyone’s convinced it’ll continue …

This is Walmart’s ‘Achilles heel,’ expert says ahead of Q3 earningsRead More

Retail earnings on deck—experts look to unexpected stocks for gains

It’s a big week for retail. Big names like Walmart, J.C. Penney and Burberry are gearing up to deliver their quarterly reports this week, hot off Chinese e-commerce giant Alibaba’s record-breaking Singles Day, which the company has rebranded to the 11:11 Global Shopping Festival. On Friday, Wall Street will also get a read on retail sales when …

Retail earnings on deck—experts look to unexpected stocks for gainsRead More