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Zacks News
Rite Aid (RAD) Stock Plunges on Bleak Q4 Business Update
by Zacks Equity Research
Adverse COVID-19 impacts, lesser cases of cold, cough and flu and unfavorable weather weighed on Rite Aid's (RAD) Q4 results. Also, it updated fiscal 2021 view.
GameStop's (GME) Q4 Earnings Miss Estimates, Sales Down Y/Y
by Zacks Equity Research
GameStop's (GME) top-line performance in the fourth quarter hurt by the adverse impacts of store closures. Nevertheless, e-commerce sales are strong.
Buckle (BKE) Boosts Shareholders' Return With Dividend Hike
by Zacks Equity Research
Buckle (BKE) announces a 10% hike in its quarterly dividend to 33 cents per share. Also, the company's online business amid the pandemic is encouraging.
The Zacks Analyst Blog Highlights: Etsy, L Brands, Diamondback Energy, Align Technology and Tapestry
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Etsy, L Brands, Diamondback Energy, Align Technology and Tapestry
Tapestry (TPR) is a Great Momentum Stock: Should You Buy?
by Zacks Equity Research
Does Tapestry (TPR) have what it takes to be a top stock pick for momentum investors? Let's find out.
Burlington Stores' (BURL) 2.0 & Store-Growth Plans Bode Well
by Zacks Equity Research
Burlington Stores' (BURL) 2.0 initiative, which aims at improving the execution of the off-price model, looks encouraging. Its store-growth target is on track.
Lowe's (LOW) Rides on Solid Demand & E-commerce Offerings
by Zacks Equity Research
Lowe's (LOW) U.S. home-improvement business is gaining on solid demand from DIY and pro customers. Moreover, strong omni-channel offerings are driving online sales.
Casey's (CASY) to Acquire 49 Stores From Circle K in Oklahoma
by Zacks Equity Research
Casey's (CASY) enters into a deal with Circle K Stores Inc. to acquire 49 stores throughout Oklahoma, in an all cash transaction worth $39 million.
5 S&P 500 Stocks That Zoomed 200% Plus From Pandemic Lows
by Sweta Killa
After touching a low of 2,191 on Mar 23, 2020, the S&P 500 staged a strong comeback and is on track to hit a new milestone of 4,000.
Why DICK'S Sporting (DKS) is Marching Ahead of The Industry
by Zacks Equity Research
DICK'S Sporting (DKS) remains a strong bet on the back of solid demand, a robust e-commerce performance and store expansion plans. Also, an upbeat fiscal 2021 view bodes well.
Macy's (M) Gains From Online Growth, Polaris Strategy On-Track
by Zacks Equity Research
Macy's (M) sturdy omni-channel capabilities are boosting online sales. The company is also progressing well with cost management and store fleet optimization as part of the Polaris growth strategy.
Tapestry (TPR) Up More Than 40% in 3 Months on Solid Execution
by Zacks Equity Research
Tapestry (TPR) is benefiting from the successful execution of Acceleration Program. The company has been witnessing significant improvement in sales trends on a sequential basis.
Signet (SIG) Q4 Earnings Beat Estimates, Sales Increase Y/Y
by Zacks Equity Research
Signet (SIG) gains from strong e-commerce sales in the fourth quarter. The company is moving on to the next phase of its growth strategy namely Inspiring Brilliance.
E-Commerce Set for a Record Year: 5 Stocks to Buy
by Ritujay Ghosh
E-commerce has been helping the retail sector since the coronavirus outbreak. Given this situation retailers with a strong online presence like Five Below (FIVE) and Hibbett Sports (HIBB) are likely to benefit in the near term.
Ollie's Bargain (OLLI) Q4 Earnings Beat, Comps Increase 8.8%
by Zacks Equity Research
Ollie's Bargain (OLLI) witnesses decent comparable store sales growth in the fourth quarter of fiscal 2020, driven by a significant increase in average basket.
Dollar General's (DG) Q4 Earnings Miss Estimates, Increase Y/Y
by Zacks Equity Research
Dollar General's (DG) fourth-quarter fiscal 2020 sales increase 17.6% year over year. However, the company provides downbeat view for fiscal 2021.
Five Below (FIVE) Q4 Earnings Beat, Comparable Sales Up 13.8%
by Zacks Equity Research
Five Below's (FIVE) Q4 earnings rise sharply from the year-ago period. The company's focus on trend-right products, supply chain, digital capabilities and better WOW products bode well.
Ulta Beauty (ULTA) Gains From E-commerce & Growth in Skincare
by Zacks Equity Research
Ulta Beauty (ULTA) gains from sturdy growth in e-commerce, backed by efficient omni-channel capabilities. However, the company struggles with weak makeup sales and salon services trends.
Big Lots (BIG) Gains From Digital Strength, Core Business Growth
by Zacks Equity Research
Big Lots (BIG) has been gaining from e-commerce advancement and growth across assortment categories.
Gap (GPS) Surges More Than 55% in 3 Months: More Upside Left?
by Zacks Equity Research
Strength in Old Navy and Athleta brands, along with expanded omnichannel services, is likely to aid Gap's (GPS) growth in the near term, despite pandemic-related cost and traffic woes.
Target (TGT) to Tap Consumers' Crafting Needs With Mondo Llama
by Zacks Equity Research
Target (TGT) launched its first owned brand, Mondo Llama, in the crafting space in more than a decade. The brand looks to cater to all crafting needs of consumers.
The Zacks Analyst Blog Highlights: Ethan Allen Interiors, Tempur Sealy, Jack in the Box, Tapestry and Stamps.com
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Ethan Allen Interiors, Tempur Sealy, Jack in the Box, Tapestry and Stamps.com
Buckle (BKE) Q4 Earnings Beat & Rise Y/Y, Online Sales Robust
by Zacks Equity Research
Strength in Buckle's (BKE) women's and men's merchandise categories drove fourth-quarter fiscal 2020 results. Also, its online business appears solid.
5 Top Stocks to Gain as Retail Sales Look Set to Rise
by Kaustav Ghosh
Retail sales in the United States seems poised to grow in 2021 backed by positive macroeconomic developments, making it wise to invest in names like Tempur Sealy (TPX) and Tapestry (TPR)
L Brands (LB) Ups Q1 Earnings View, Boosts Shareholder Returns
by Zacks Equity Research
L Brands' (LB) move to raise first-quarter earnings view as well as efforts to boost shareholder returns and reduce debt looks encouraging.