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Amazon"s U.S. holiday sales likely "strong," says Oppenheimer

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 11th, 2019

Retailers are worried about 6 fewer days between Thanksgiving and Christmas this year — experts say it will separate the strong from the weak

Tom Pennington/Getty Images Some of America's biggest retailers are warning that six fewer days between Thanksgiving and Christmas this year could weigh on their holiday sales. "R.....»»

Category: topSource: businessinsiderNov 27th, 2019

Nordstrom soars after strong results, bucking retail concerns

U.S. trading after quarterly sales and profit beat analysts’ predictions, bucking the weakness in the department-store sector going into the crucial holiday season. Revenue dropped 2% to $3.67... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 26th, 2019

Target sets upbeat holiday sales tone with raised forecast, shares surge

Target Corp signaled a strong start to the holiday season and raised its full-year earnings forecast on Wednesday, betting on its aggressive push into faster delivery and investments in store revamps, sending its shares up 13%......»»

Category: topSource: reutersNov 20th, 2019

Kohl’s confident over Amazon partnership despite guidance cut and 17% share plunge

Department store chain Kohl’s remained confident its Amazon partnership would boost sales despite cutting its full-year guidance ahead of the holiday season......»»

Category: topSource: marketwatchNov 19th, 2019

Earnings Outlook: Target earnings preview: Nike could partner with Target now that it has ended sales on Amazon

Target is expected to report gains in the third quarter and analysts have a positive outlook for the holiday season......»»

Category: topSource: marketwatchNov 18th, 2019

U.S. retail sales rise modestly; factory output tumbles

U.S. retail sales rebounded moderately in October although consumers did cut back on purchases of big-ticket household items like furniture and discretionary spending, which could temper expectations for a strong holiday shopping season......»»

Category: topSource: reutersNov 15th, 2019

New "Star Wars" title from EA set to be big draw this holiday season

Electronic Arts Inc launched "Star Wars Jedi: Fallen Order" on Friday, garnering strong reviews for its flagship action-adventure series that is crucial to its holiday sales, after the videogame publisher shelved "NBA Live" game......»»

Category: topSource: reutersNov 15th, 2019

U.S. retail sales rebound; manufacturing output tumbles

U.S. retail sales rebounded in October, but consumers cut back on purchases of big-ticket household items and clothing, which could temper expectations for a strong holiday shopping season......»»

Category: topSource: reutersNov 15th, 2019

Economic Report: Retail sales rebound, but consumers tighten the reins before the holiday season

Sales at gas stations, car dealers and internet stores such as Amazon rose in October, but most other retailers posted weak results just before the start of the holiday shopping season. Retail sales increased 0.3% last month......»»

Category: topSource: marketwatchNov 15th, 2019

U.S. retail sales rebound, but big-ticket purchases drop

U.S. retail sales rebounded in October, but consumers cut back on purchases of big-ticket household items and clothing, which could temper expectations for a strong holiday shopping season......»»

Category: topSource: reutersNov 15th, 2019

Walmart raises earnings outlook, expects strong holiday sales

Walmart raises earnings outlook, expects strong holiday sales.....»»

Category: topSource: reutersNov 14th, 2019

Walmart raises earnings forecast, expects strong holiday sales

Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday as people spent more at its stores and website and the retailer picked up market share in food and other groceries......»»

Category: topSource: reutersNov 14th, 2019

Apple shares rise on strong quarter as AirPod Pros, Apple TV+ launch

Analysts were watching for early returns on the flagship iPhone 11, as well as Apple’s first-quarter-guidance, which includes the critical holiday sales season......»»

Category: topSource: foxnewsOct 30th, 2019

Wall Street slips at open as Amazon weighs

Wall Street opened marginally lower on Friday, as a dour sales forecast from Amazon overshadowed another set of strong results in what has so far been an upbeat third-quarter earnings season......»»

Category: topSource: reutersOct 25th, 2019

Wall Street treads water after mixed earnings reports

Wall Street was set to open flat on Friday, as a dour sales forecast from Amazon overshadowed a clutch of strong results in what has so far been an upbeat third-quarter earnings season......»»

Category: topSource: reutersOct 25th, 2019

Amazon"s gloomy holiday sales forecast misses estimates, shares fall 7%

Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally......»»

Category: topSource: reutersOct 24th, 2019

Amazon"s holiday-quarter sales forecast misses estimates, shares fall 8%

Amazon.com Inc forecast fourth-quarter revenue well below analysts' estimates on Thursday as the world's biggest online retailer faces fierce competition from Walmart as well as other online retailers, sending its shares down 8%......»»

Category: topSource: reutersOct 24th, 2019

Alabama cities face budget challenges in the Amazon age

A strong economy has sales taxes – and most city budgets – in good shape. But what happens when the tide turns?.....»»

Category: topSource: bizjournalsAug 16th, 2019

Economic Report: Amazon Prime Day boosts British retail sales in July

Amazon’s annual discounting day led to a surprisingly strong gain for British retail sales in July......»»

Category: topSource: marketwatchAug 15th, 2019

Amazon"s run of record earnings comes to an end

Amazon’s run of record-high earnings came to an end Thursday, and shares fell in after-hours trading despite strong sales growth......»»

Category: topSource: moneycentralJul 25th, 2019