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By Jharonne Martis The Refinitiv U.S. Retail and Restaurant Q3 earnings index is expected to rise 2.5% - considerably below last year's 18.6% Q3 2018 earnings growth. When looking at the earnings growth rates for Q3 for the 209 retailers tracked by Refinitiv, the Hotels, Restaurant & L...
SmileDirectClub ( SCC -1% ) responds to statements made by some dental trade organizations and allegations in a lawsuit filed in Nashville federal court that question the safety and legitimacy of the company's teledentistry platform. More news on: ProShares UltraShort Consumer Ser...
It has to be one of the tougher years to issue a holiday sales forecast, but the National Retail Federation is jumping right in. The NRF predicts retail holiday sales will increase between 3.8% and 4.2%. The range is higher than the 3.7% average over the last five years. Retail holiday sal...
According to the Census Bureau, auto sales in the US may be on the upswing. Rising 6.8% year-over-year in August, it was the highest rate in nearly three years for retail sales of automobiles. This follows an upward revised 6.3% increase during July, the best back-to-back months in the beleagu...
Underneath a mixed retail sales report for August some categories showed strength, while others lagged. More news on: Consumer Staples Select Sector SPDR ETF, Consumer Discretionary Select Sector SPDR ETF, Vanguard Consumer Staples ETF, Consumer stocks news, News on the U.S. economy, New...
By Jharonne Martis This year alone, retailers have discussed Chinese tariffs in 166 earnings calls, and that might just be the beginning. The Chinese government announced its retaliation on Aug. 23, saying tariffs will be imposed on American goods, including apparel, textiles, agriculture ...
By Jharonne Martis U.S. retailers that offer value and convenience continue to outperform - and gain market share. Additionally, they have the wherewithal to do better during a trade war. Walmart (WMT) and Target (TGT) smashed Q2 earnings expectations and are showing strong defensive quali...
By Robert Hughes Retail sales and food services spending rose 0.7 percent in July, following a 0.3 percent gain in June. Excluding the volatile auto and energy categories, core retail sales and food services were up 0.9 percent in July after a gain of 0.6 percent in June. Both categories h...
By Jill Mislinski The Census Bureau's Advance Retail Sales Report for July was released on Thursday morning. Headline sales came in at 0.7% month-over-month to one decimal and was better than the Investing.com forecast of 0.3%. Core sales (ex Autos) came in at 1.02% MoM (to two decimals). ...
The National Retail Federation says the strong July retail sales print is indicative of a confident consumer, but warns on spending trends ahead. More news on: Consumer Discretionary Select Sector SPDR ETF, SPDR S&P Retail ETF, Vanguard Consumer Discretionary ETF, News on the U.S. econ...
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2024-07-26 21:26:00 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...
2024-05-26 14:28:00 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...
2024-04-27 06:52:00 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...