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Costco margin dip overshadows sales beat, shares slide
Costco Wholesale Corp's gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut prices amid intense competition in the grocery industry......»»
Xiaomi faces difficulties maintaining momentum in 2020
China's handset vendor Xiaomi has reported strong results for 2019, but it remains to be seen if the vendor can keep its sales momentum in 2020 amid increasing competition in the global market and the impacts of the coronavirus pandemic......»»
Costco quarterly sales miss estimates amid fierce competition
Costco Wholesale Corp reported quarterly revenue below Wall Street estimates on Thursday, as the U.S. hypermarket chain struggled to attract shoppers in the competitive grocery space......»»
Elon Musk Re-Enters "Wartime CEO" Mode? Tesla Chief Explains Necessity Of Massive Job Cuts Amid Report Of Critical Giga Texas Projects At Risk
A "wartime CEO" refers to an executive who leads a company through an impending crisis, such as intense competition or supply chain disruptions. read more.....»»
: Sonos says the growth can continue after big pandemic surge
Sonos Inc. has been a big winner during the pandemic amid booming sales of smart speakers to suit the at-home lifestyle, but the company argues that it can maintain its momentum even after people resume normal living......»»
Smart gym vendors enhancing order momentum for Taiwan supply chain
Smart home gym equipment has been gaining significant sales momentum amid the pandemic, prompting international brand vendors in the segment to repeatedly increase orders with Taiwanese partners, according to supply chain sources in Taiwan......»»
Why Costco Is A Long-Term Hold, But Faces Tough Comparable Sales
Costco Wholesale Corporation (NASDAQ: COST) could face tough comparable sales over the next few quarters from the COVID-19 pandemic peak of grocery and retail sales in 2020. An analyst remains bullish on Costco despit.....»»
Why Costco Is A Long-Term Hold, But Faces Tough Comparable Sales
Costco Wholesale Corporation (NASDAQ: COST) could face tough comparable sales over the next few quarters from the COVID-19 pandemic peak of grocery and retail sales in 2020. An analyst remains bullish on Costco despite the poten.....»»
PayPal target raised to Street-high $350 at Mizuho amid bitcoin momentum
Mizuho analyst Dan Dolev upped his price target on PayPal Holdings Inc.'s stock to $350 from $290, writing of tract.....»»
The Zacks Analyst Blog Highlights: Apple, Johnson& Johnson, Costco, Procter & Gamble and Newmont
Zacks.....»»
Retailers like Levi"s are finding early success selling products on TikTok — and say the video-sharing app could help bolster online sales amid coronavirus-related store closures
Levi's Retail beta partners of TikTok's Shop Now feature are finding early success tapping into the app's 800 million global users. In a blog published on Monday, Levi's said its TikTok campaign more than doub.....»»
The Zacks Analyst Blog Highlights: Cardinal Health, Enphase Energy, Netflix, Amgen and Costco Wholesale
Zacks.....»»
Analyst Says Grocery Outlet Holding Is A Beneficiary Amid Coronavirus Outbreak
There had been concerns around whether Grocery Outlet Holding Corp (NASDAQ: GO) was witnessing an uplift in sales similar to its more traditional peers, as customers continued to stockpile amid the coronavirus outbreak. .....»»
Kroger same-store sales should soar in first half of year, analyst says
Kroger Co.’s same-store sales are likely to skyrocket in the first half of the year, a rare positive result of soaring supermarket shoppers’ demand amid the coronavirus pandemic......»»
Macy"s holiday quarter beats Street, investors skeptical on strategy
Macy's Inc holiday-quarter results beat analyst expectations on Tuesday, but investor skepticism around its cost-cutting strategy at a time of intense online competition sent shares down nearly 5%......»»
The Zacks Analyst Blog Highlights: NVIDIA, Costco Wholesale, Stryker, Advanced Micro Devices and CSX
Zacks.....»»
Lyft races toward profitability after hitting $1B in revenue for first time
Lyft reported earnings amid ongoing intense competition from its rideshare rival, Uber, which controls a larger share of the market......»»
Lyft races toward profitability after hitting $1 billion in revenue for first time
Lyft reported earnings amid ongoing intense competition from its rideshare rival, Uber, which controls a larger share of the market......»»
Yum Brands disappoints on Pizza Hut weakness
Yum Brands shares fell after its quarterly same-store sales and profit missed analyst expectations Thursday, as stiff competition took a bite out of sales at its Pizza Hut chain in the United States. Fred Katayama reports.....»»
Yum Brands misses sales, profit estimates as Pizza Hut battles rivals; shares drop
Yum Brands Inc shares fell 4.7% after it reported quarterly same-store sales and profit that missed analyst expectations on Thursday, as stiff competition took a bite out of sales at its Pizza Hut chain in the United States......»»