Wall Street's favorite retail stocks coming out of major earnings week

Norge Nyheter Nyheter

Wall Street's favorite retail stocks coming out of major earnings week
Norge Siste Nytt,Norge Overskrifter
  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

CNBC Pro screened for the Street's favorite retail names.

It was a big week for investors in retail stocks with some of the sector's biggest names reporting. But with the week in the rearview mirror, investors are now evaluating crosscurrents. Walmart posted an earnings beat and strong guidance, while Foot Locker noticeably missed Wall Street's expectations for the quarter and gave uninspiring guidance for future performance.

The company beat Wall Street's expectations on top and bottom lines in its fiscal first quarter when it reported Thursday, noting that grocery and online sales helped offset softness in clothing and electronics. Walmart also raised its full-year earnings guidance following the strong quarterly report. TJX was another reporting company that made the list. The T.J.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

CNBC /  🏆 12. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Monday is Ford's chance to convince Wall Street skeptics of its EV plansMonday is Ford's chance to convince Wall Street skeptics of its EV plansFord is hosting a 'Delivering Ford+' capital markets day in which it has promised to provide details of how it expects to achieve previously stated targets.
Les mer »

What Could ChatGPT Do to Wall Street?What Could ChatGPT Do to Wall Street?A look at Wall Street’s past efforts to speed up trading by embracing computers and AI illuminates the implications of using them for decision-making.
Les mer »

Authorities warn motorists against illegal street racing or street takeoversAuthorities warn motorists against illegal street racing or street takeoversPush against street racing is launched by CHP, LAPD and others ahead of release of the latest “Fast and Furious” film.
Les mer »

TipRanks reveals the top 10 health care sector analysts of the past decadeTipRanks reveals the top 10 health care sector analysts of the past decadeTipRanks' analyst ranking service ranks the top Wall Street firms of the past decade.
Les mer »

AAPI Cultural Heritage parade to proudly travel around MidtownAAPI Cultural Heritage parade to proudly travel around MidtownThe parade begins at 44th Street and goes up 6th Avenue to 55th Street.
Les mer »

Crypto is causing more problems in divorces, attorneys say: CNBCInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Les mer »



Render Time: 2025-03-06 19:08:06