86.35 +0.13 (0.15%)
After hours: 7:44PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||86.01 - 86.37|
|52 Week Range||65.28 - 86.95|
|PE Ratio (TTM)||20.72|
|Earnings Date||Nov 16, 2017|
|Dividend & Yield||2.04 (2.55%)|
|1y Target Est||85.94|
Wal-Mart’s U.S. e-commerce chief Marc Lore said the online retail division is still in growth mode, the fruits of which will start paying off over the next two years and help it better compete with Amazon....
Morgan Stanley's Kimberly Greenberger and her team parse the results of their third annual AlphaWise apparel survey, writing that the results show that Amazon (AMZN) is increasingly taking share in the apparel space, hurting department stores and specialty retailers. First, Amazon--once again--is at the head of the pack in terms of brand net promotor score with a "staggering" 61% net promoter score (NPS), easily more than double Target (TGT), the next runner up at 28%, and nearly nine times the average score of other retailers. Secondly, Amazon, Zara, and Wal-Mart (WMT) were the winners in terms of consumers intent to purchase over the next 12 months, although off-price retailers including TJX Cos. (TJX) and Ross Stores (ROST) were at the top of the list.
Target’s price investment and higher costs associated with online orders are hurting its margins, which restricts the stock’s upside potential.
Target (TGT) announced that it's expanding its offering through Google Express nationwide. Shoppers will also be able to place voice-based orders.
Microsoft on Monday revealed its newest board nominees: Marriott CEO Arne Sorenson and former U.S. Commerce Secretary Penny Pritzker.
The Walmart Foundation is committing $500,000 to Operation Homefront’s Critical Financial Assistance program to help meet the unique and urgent needs of military families affected by the 2017 hurricane season.
Walmart (WMT) stock rose 9.6% last week after the company reaffirmed its fiscal 2018 earnings guidance. It still expects the EPS to be $4.30–$4.40.
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