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Major benchmarks gave up early gains on Thursday morning, as investors remained of two minds with respect to the potential for a recovery from the coronavirus pandemic's economic ill effects. Stocks in the Nasdaq Composite (NASDAQINDEX: ^IXIC) were down slightly more than broader-based index...
By Jharonne Martis Sixty seven percent of companies in our Retail/Restaurant Index have reported Q1 2020 EPS. Of the 143 companies in the index that have reported earnings to date, 59% have reported earnings above analyst expectations, 2% reported earnings in line with analyst expectations...
It has been an ugly retail earnings season so far. Aside from the usual suspects Walmart ( WMT ) and Target ( TGT ), both of which delivered impressive top-line results, non-essential retailers have suffered dearly from the coronavirus crisis in the first quarter. One of the most recent vi...
Even though this week is not much of a power week in terms of earnings, with a relatively low number of companies posting each day, Thursday has some heavy-hitters posting: retail themed pre-market with a tech heavy post-market. Macy’s ( M ), Best Buy ( BBY ), Medtronic ( MDT ), TJX Com...
Friday I stuck my neck out and got bullish because the charts told me so Naturally, I am now on guard for how the stock market will make a fool of me, since that’s what happens 60% or more of the time, or so it feels. Since the markets are closed, I like to summarize information fro...
Source: Barron's Millions of Americans are staying at home to help stem the spread of the coronavirus. It has also hurt traditional retailers, as many of their stores have been shut down temporarily. Traditional retailers have been left vulnerable with billions in unsold inventory. Ross St...
Burlington Stores ( BURL ) is the third-largest off-price retailer in the U.S. While the pandemic has resulted in severe damages to the global economy and human society, the retail sector is one of the hardest-hit. Mall operators have been decimated by the quarantine measures and consumers hav...
"We have heard from enough companies to support our view that April will be the trough month of sales," Nomura Instinet says in a relatively upbeat update on retail broadlines and hardlines. More news on: Lowe's Companies, Inc., The TJX Companies, Inc., Walmart Inc., Notable Calls, Consume...
Dublin, CA, May 07, 2020 (GLOBE NEWSWIRE) -- Dublin, California -- Ross Stores, Inc. (NASDAQ: ROST) will announce its first quarter 2020 earnings results on Thursday, May 21, 2020. A press release will be sent out at approximately 4:00 p.m. Eastern time. The...
Source : ClearBridge Investments Editor's Note : The summary bullets for this article were chosen by Read more ...
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ROSS STORES OPENS 24 NEW LOCATIONS PR Newswire DUBLIN, Calif. , July 22, 2024 /PRNewswire/ -- Ross Stores recently opened 21 Ross Dress for Less ® ("Ross") and three dd's DISCOUNTS ® stores across 17 different states in June and July. These...
2024-07-09 05:12:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...