Krispy Kreme (DNUT) got a nice 2% boost Tuesday morning, adding to its trajectory over the past week. The stock is now up nearly 7% in that timeframe. This comes off the heels of an analyst upgrade ahead of the highly anticipated McDonald’s partnership rolling out. The upgrade comes from Truist Securities, which moved [...]
The first half of 2024 has been rough for Lululemon Athletica (LULU), as the stock has fallen 40% in the past 6 months or so. However, the company delivered first-quarter earnings results that helped buoy the stock a bit - it regained 12% in the past week and is up 9% so far in [...]
Online pet product retailer Chewy Inc. (CHWY) skyrocketed 30% last week after reporting an impressive first-quarter performance on both the top and bottom lines. The company’s sales were up 3% to $2.88 billion, driven in part by growth in auto-ship orders of 6%. Meanwhile, improvements in net sales per active customer of 10% suggest [...]
Gap Inc. (GPS) delivered an impressive Q1 performance, beating the analyst consensus on both the top and bottom lines. The stock has climbed 26% so far in Friday’s trading session in response. Sales grew 3% to $3.4 billion in the first quarter, driven in part by stronger sales in the Old Navy brand. Analysts [...]
Target (TGT) reported first-quarter results Wednesday that left much to be desired, sending shares tumbling lower. The company noted it is seeing a pullback in consumer spending. Revenue came in at $24.53 billion compared to $24.52 billion expected, narrowly avoiding a missing on the top line. However, the retailer did miss the bottom line [...]
Walmart Inc. (WMT) is up more than 6% through this past week after delivering an impressive Q1 earnings performance coupled with an upbeat outlook for the full year. America’s quintessential discount retailer grew revenue by 6% to $161.51 billion, surpassing the FactSet consensus of $159.57 billion. The company saw a 21% uptick in e-commerce [...]
As more and more college campuses become protest centers for the Israel and Palestine conflict, the CEO of Hims & Hers Health (HIMS) made comments that sent his stock down more than 10% last week. Andrew Dudum expressed support for those brave enough to speak out against Israel saying that he and many other [...]
Shares of GameStop Corporation (GME) are down more than 16% Wednesday morning after the company came in well short of expectations in the fourth quarter. The video game retailer reported revenue of $1.79 billion, missing the analyst consensus of $2.05 billion by a wide margin. This was a big step backward year over year, [...]
Krispy Kreme (DNUT) is up more than 30% in Tuesday trading after the Winston-Salem, NC company announced a strategic partnership with worldwide fast-food chain McDonald’s. The rollout will begin in the back half of this year, at which point customers will be able to buy Krispy Kreme doughnuts at select McDonald’s. The partnership will [...]
Walmart (WMT) shared the results from its fourth quarter alongside the announcement that it would be purchasing TV manufacturer Vizio while simultaneously boosting the quarterly dividend. All this news sent shares 4% higher Tuesday morning, adding to what has been a strong trend over the past few weeks. The worldwide retailer is benefiting from [...]
