Lowe’s said its second-quarter revenue surged 30% as consumers shifted spending from restaurants and travel to home improvement projects during the coronavirus pandemic.
Schlagwort-Archiv: Markets
Target reports a monster quarter — profits jump 80%, same-store sales set record
Target reported dramatic growth among its online services, such as curbside pickup, and had sales growth across all of its merchandise categories.
Target CEO credits canceled vacations, not stimulus checks, for blowout quarter
Target CEO Brian Cornell said Americans shopped because they couldn’t go on vacation or spend money on typical summer activities during the pandemic.
S&P 500 hits fresh record high as Target leads retail shares higher, Dow rises 100 points
On Tuesday, the S&P 500 rose to its highest level ever, gaining back all of the index’s coronavirus-related losses.
Stay-at-home retail trades are in the ‚early innings,‘ retail analyst Dana Telsey says
Telsey Advisory Group CEO Dana Telsey lists which retailers should see strong profits beyond earnings season.
Walmart says its second-quarter e-commerce sales surged 104% in China
Walmart’s online shopping strategy is paying off in China, arguably one of the most developed e-commerce markets in the world.
Cramer: Walmart can’t repeat blowout quarter without new coronavirus stimulus from Washington
„The company needs to be a little cautious because unless there’s another deal from Washington they won’t be able to maintain that pace,“ CNBC’s Cramer said.
These 4 ‚hybrid‘ trades may boost your portfolio into fall
Allianz Global Investors‘ Mona Mahajan sees four „hybrid“ plays designed to produced profits without taking on too much risk.
Stocks making the biggest moves in the premarket: Home Depot, Walmart, Amazon, Kohl’s & more
The stocks making the biggest moves in premarket trading include Home Depot, Walmart, Amazon, Kohl’s, and more.
Here’s what happened to the stock market on Monday
Wall Street kicked off the week with a muted performance as the S&P 500 struggled once again to reach its February record.