Discount Store Archives

16 11, 2023

Walmart Drops 7% on Concerns of Cautious Consumer Spending: 3 Things You Need to See
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Walmart Drops 7% on Concerns of Cautious Consumer Spending: 3 Things You Need to See

Feature: Stock Market Investing, Featured: News, Stock Market News

Walmart Drops 7% on Concerns of Cautious Consumer Spending: 3 Things You Need to See

By Jason Novak|2023-12-07T19:47:55+00:00November 16th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: Consumer Cyclical, Consumer Defensive, Discount Store, Food Retailer, Hot Stock, Hot Stocks, Retail, Retailer, Walmart, WMT|

Walmart (WMT) reported third-quarter earnings this morning that beat Wall Street’s consensus on both the top and bottom line, but sparked concern over the overall state of the economy. The stock is down 7% so far in Thursday’s trading session. The company reported a 5.2% climb in revenue year over year, posting $160.8 billion [...]

15 11, 2023

Target’s Earnings Send Shares 17% Higher Despite Dwindling Sales: Should You Buy TGT?
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Target’s Earnings Send Shares 17% Higher Despite Dwindling Sales: Should You Buy TGT?

Feature: Stock Market Investing, Featured: News, Stock Market News

Target’s Earnings Send Shares 17% Higher Despite Dwindling Sales: Should You Buy TGT?

By Jason Novak|2023-12-07T19:47:59+00:00November 15th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: Consumer Cyclical, Consumer Defensive, Discount Store, Featured, Food Retailer, Hot Stock, Hot Stocks, Retail, Target Corporation, TGT|

Target (TGT) reported fiscal third-quarter earnings before the bell this Wednesday morning, and the results sent shares into a frenzy. They’re up 17% so far this morning after the retailer beat the top and bottom line consensus. For the past few quarters Target has faced a weakening environment as inflationary pressures have shoppers looking [...]