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Retail Sales rose just 3.46% year-over-year (unadjusted) in May 2019. The estimate for April was revised substantially higher, now suggesting growth of 5.6%. Altogether, however, consumer spending continues to be unusually weak. How unusual. The 6-month average, a better gauge of growth condit...
By Jill Mislinski The Census Bureau's Advance Retail Sales Report for May was released June 14 morning. Headline sales came in at 0.55% month-over-month to one decimal and was worse than the Investing.com forecast of 0.7%. Core sales (ex Autos) came in at 0.50% MoM (to two decimals). Her...
RH (NYSE: RH ) is up 23.7% in early trading, while Oxford Industries (NYSE: OXM ) is 10.2% higher . More news on: RH, Oxford Industries, Inc., Walmart Inc., Consumer stocks news, Stocks on the move, News on ETFs Read more ...
By Jharonne Martis Retailers continue to report Q1 2019 earnings, and 55 retailers have mentioned tariffs during their Q1 earnings call. Although they have expressed concern about proposed tariffs imposed on Chinese products, a faster and more direct hit to the consumer's discretionary inc...
By Jharonne Martis Retailers continue to report Q1 2019 earnings, and 35 retailers have mentioned tariffs during their Q1 earnings call. The department stores really struggled and posted weak results on May 21. JW Nordstrom (JWN) said during its earnings call, "during the first quarter, we...
There are some significant pullouts from Target's (NYSE: TGT ) earnings report today that could be positive for the retail sector in general. More news on: Target Corporation, Walmart Inc., Dollar General Corporation, Consumer stocks news, Top stock market news, News on ETFs Read more ....
By Jharonne Martis U.S. retailers are reporting Q1 2019 earning, and are already warning about tariffs in a possible U.S.-China trade war. Macy's ([[M]]) called it "a dynamic situation," right at the beginning of its earnings call. The tariffs enacted in 2018 were already baked into Macy's...
By Robert Hughes Retail sales and food services spending fell 0.2 percent in April following a 1.7 percent gain in March. Excluding the volatile auto and energy categories, core retail sales and food services were down 0.2 percent in April after a gain of 1.1 percent in March. Over the pas...
Retail sales fell 0.2% month-over-month in April and were up 3.2% on a year-over-year comparison. More news on: Walmart Inc., Target Corporation, Dollar General Corporation, News on ETFs Read more ...
By Jharonne Martis The Q1 2019 retail blended earnings growth estimate is 6.3%. In the U.S. retail landscape, ongoing strength in consumer spending continued in Q1, but is the economy's strength sustainable? Let's dig in and see: The Refinitiv consumer confidence index remained stron...
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John Hancock Investment Management announces changes to its ETF lineup Canada NewsWire $ unless otherwise stated ...
John Hancock Investment Management celebrates five-year anniversary of its original ETF suite PR Newswire BOSTON, Sept. 28, 2020 TSX/NYSE/PSE: MFC SEHK: 945 BOSTON , Sept. 28, 2020 /PRNewswire/ - John Hancock Investment Managem...
BOSTON , Feb. 5, 2019 /PRNewswire/ -- John Hancock Investments today announced that the expense ratios for its nine sector ETFs subadvised by Dimensional Fund Advisors, LP, its Floating Rate Income Fund subadvised by Bain Capital Credit, and its Small Cap Value Fund subadvised by Wel...