|Bid||102.69 x 800|
|Ask||102.71 x 2200|
|Day's Range||102.08 - 102.89|
|52 Week Range||81.81 - 106.21|
|Beta (3Y Monthly)||0.66|
|PE Ratio (TTM)||35.92|
|Earnings Date||Aug 15, 2019|
|Forward Dividend & Yield||2.12 (2.06%)|
|1y Target Est||108.47|
(Bloomberg) -- New tariffs, skittish consumers and no margin for error: 2019 is shaping up to be more challenging than expected for U.S. retailers.
The Fed has blamed low inflation on "transient" declines in clothing prices, but the underlying story is complicated by longer-term trends, seasonality, and the way apparel prices are collected.
Walmart Inc. will participate in Bernstein’s 35th Annual Strategic Decisions Conference on Thursday, May 30. A discussion with Brett Biggs, Walmart executive vice president and chief financial officer, will be webcast live through the “Events” link at www.stock.walmart.com.
Key Takeaways from Target’s Q1 Results(Continued from Prior Part)Earnings surpass estimateTarget (TGT) posted stronger-than-expected bottom-line results for the first quarter of fiscal 2019. Target’s adjusted EPS of $1.53 came in well ahead of
Key Takeaways from Target’s Q1 Results(Continued from Prior Part)Traffic continues to boost salesTarget (TGT) posted better-than-expected sales for the first quarter of fiscal 2019. Improved sales across core merchandise categories and higher
Let's see if investors should buy Lululemon stock heading into its first-quarter fiscal 2019 earnings results?
A host of U.S. consumer companies have warned that costs related to tariffs on goods imported from China would weigh on their results. The United States increased tariffs on $200 billion in Chinese imports to 25% from 10% last week. U.S. President Donald Trump has also threatened an additional round of tariffs on $300 billion that would cover nearly everything imported from China to the United States.
Washington last week effectively banned U.S. firms from doing business with Huawei, the world's largest telecoms network gear maker, citing national security concerns. "You look at what they've done from a security standpoint, from a military standpoint, it's very dangerous," Trump said in remarks at the White House.
The " Fast Money " traders shared their first moves for the market open.Tim Seymour was a buyer of McDonald's MCD .Karen Finerman was a buyer of Target TGT .Steve Grasso was a buyer of Walmart WMT .
"In our view, TGT does not need to outrun AMZN for a revaluation, rather it needs to outcomp other home and apparel retailers, namely the mall based retailers, department stores, and specialty home retailers, for the valuation rerating to materialize," J.P. Morgan's Christopher Horvers said in a note to clients Thursday. Big-box retailer Target TGT is proving to be safe from the threat of Amazon AMZN , according to J.P. Morgan.
Best Buy Co Inc on Thursday stuck to its full-year forecast due to the impact of the latest U.S. tariffs on Chinese imports and warned any new levies would increase prices for U.S. shoppers, sending its shares down as much as 5.4%. The consumer electronics retailer's commentary on the impact of tariffs overshadowed its better-than-expected profit in the first quarter and solid second-quarter forecast. "The impact of tariffs at 25% (proposed to be enacted) will result in price increases and will be felt by U.S. consumers," outgoing Chief Executive Officer Hubert Joly said in a conference call with analysts.
NEW DELHI/AYODHYA, May 23 (Reuters) - Indian Prime Minister Narendra Modi scored a dramatic election victory on Thursday, putting his Hindu nationalist party on course to increase its majority on a mandate of business-friendly policies and a tough stand on national security.