Best Buy’s Q2 Highlights: Earnings Beat, Uneven Sales Environment, Restructuring Initiatives & More
Best Buy Co Inc (NYSE:BBY) reported a second-quarter FY23 sales decline of 12.8% year-on-year to $10.33 billion, beating the consensus of…
Big Lots Reports Q2 Earnings Above Street View; Eyes Inventory & Cost Reduction
Home discount retailer Big Lots Inc (NYSE:BIG) reported a second-quarter FY22 sales decline of 7.6% year-on-year to $1.346 billion, marginally beating the…
Ulta Beauty Sees No Signs Of Trade-Down, Says This Analyst
Raymond James analyst Olivia Tong reiterated a Strong Buy rating on the shares of Ulta Beauty Inc (NASDAQ:ULTA) and raised the price target…
GM To Halt Production At Mexico’s Silao Plant: Reuters
General Motor Co (NYSE:GM) is pausing production in its Mexico plant next week, hit by supply chain snags, Reuters reported.…
Morgan Stanley Analyst Thinks Gap’s ‘Fundamentals Remain Underwhelming’
Morgan Stanley analyst Alex Straton reiterated an Underweight rating on the shares of Gap Inc (NYSE:GPS) and raised the price target slightly to…
Morgan Stanley Lacks Conviction In Peloton’s Medium-Term Outlook – Here’s Why
Morgan Stanley analyst Lauren Schenk reiterated an Equal Weight on the shares of Peloton Interactive Inc (NASDAQ: PTON) with a price target of $10.00.
The analyst said the company reported weaker than expected Q4 earnings.
Vinco Ventures Adds One More Co-CEO; Receives Nasdaq Deficiency Notice
Vinco Ventures Inc (NASDAQ:BBIG) has appointed Ross Miller as co-Chief Executive Officer along with John Colucci and Lisa King, effective immediately.…
Bed Bath & Beyond Plans To Share Turnaround Strategy Next Week
Home goods retailer Bed Bath & Beyond Inc (NASDAQ:BBBY) plans to provide a business and strategic update about its turnaround plan on…
Dollar General Likely To Benefit From Inflation Driven Customer Traffic, Says Analyst
Telsey Advisory Group analyst Joseph Feldman reiterated an Outperform rating on the shares of Dollar General Corp (NYSE:DG) with a price target of…
Guess? To Feel The Pinch Of Currency Headwinds, Says Analyst
Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on the shares of Guess? Inc (NYSE:GES) with a price target of $23.00.…