The retail sector seems confident about the back-to-school shopping season in 2023 And that's to be expected, as back-to-school sales are expected to reach a staggering $135...
Of the companies that have reported their quarterly results so far, 62% announced revenue that exceeded analysts’ expectations and the remaining 38% reported that their revenue...
Fed’s Jackson Hole gathering, Powell speech, Nvidia earnings in focus. Dick’s Sporting Goods is a buy with earnings beat on deck. Macy’s shares will struggle amid...
The LERI shows Q2 2023 ended with the highest level of corporate uncertainty in the last year Retail in the spotlight this week: HD, TGT, TJX, WMT, ROST Upcoming potential...
With 95% of S&P 500 companies having reported, Q1 2023 earnings season closes with a final growth rate of -2.2%, officially indicating an earnings recession The post-peak LERI...
PCE inflation data, Fed FOMC minutes, debt ceiling developments in focus this week. DICK’S Sporting Goods stock is a buy with earnings beat on deck. Nvidia shares set to...
The S&P 500 has rallied to new 2023 highs amid debt ceiling optimism. I used the InvestingPro stock screener to search for undervalued stocks that analysts are still bullish on...
Retailers will be the last group to deliver financial results in the Q1 reporting season. The retail sector has underperformed the broader market by a wide margin in 2023. Despite...
ISM PMI surveys, Fed speakers, more retailer earnings will dictate the market’s direction in the week ahead. Tesla shares are a buy with the highly anticipated...
The retail sector has outperformed the broader market by a wide margin thus far in 2023. Despite the gloomy macroeconomic outlook, I remain positive on several retailers. As such,...