Target (TGT) surpassed estimates across the board: profit, revenue and same-store sales. Digital also grew 155 percent. Gross margin beat estimates by a full percentage point after effective merchandising reduced markdowns.
S&P 500 Overview: Downside risk increasing amid trade tensions Bears may try to break 2800 level as index fails at 50-day MA Internals, including sector… Read More »Webinar 3: Navigating the US markets, live from Chicago
Highlights Crocs reported $1.1 billion in revenue which is the first increase after 4years of decline, although the number of company-operated stores has decreased by… Read More »Crocs are making a comeback, and not just in fashion
Foot Locker’s (FL) blowout quarter today is the latest example of the trend. Not only did earnings and revenue beat estimates. The key same-store sales metric was also more than twice the expected amount, a sign of successful merchandising and customer engagement.
Starbucks Earnings Analysis: Our projections and insights on a new Chinese competitor, looking to take over.
Starbucks reported $6,633 million revenue and $1,016 million operating income in 1Q19. Starbucks has expanded to 3,684 stores in China (163 net new stores opened… Read More »Starbucks Earnings Analysis: Our projections and insights on a new Chinese competitor, looking to take over.