This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Setting aside certain days for celebration, commemoration or remembrance is a nearly universal practice among humans. While different cultures and religions have their own unique customs and traditions, the entire human race seems to share an…
We-Ge Ulta Beauty (NASDAQ:ULTA) is expected to report earnings on Thursday 14th of March. For more background information about the company please refer to my previous article “Ulta Beauty: Time to Re-Accelerate”, in which I explained my bull thesis. This article will give a short preview about the upcoming earnings. I last covered ULTA in…
monsitj By Jharonne Martis The LSEG U.S. Retail and Restaurant Q4 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a 33.7% growth over last year’s levels. However, much of this growth is coming from just two categories, and our metrics show that six of 10…
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FG Trade Purpose I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy, and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to “mark your beliefs to…
Oat_Phawat Hercules Silver (OTCQB:BADEF) shares lost over 40% of their value on January 2, 2024 on the back of the most exploration results. While these results did not match the high grades we saw in earlier results, there are some positives to glean from the most recent batch. While much work remains to be done…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A new variant of Covid-19 is spreading rapidly across the US this holiday season, even as Americans’ interest in getting vaccinated has faded. JN. 1, a sub-variant of Omicron that has an additional mutation…
Michael Vi Stock Snapshot Heading into the home stretch this holiday shopping season, today’s research note covers a major US retailer, Best Buy Co. (NYSE:BBY). A few quick facts about this stock are that it has +1,000 stores in US and Canada, launched several “teen tech centers” via its non-profit Best Buy Foundation, and besides…
Scott Olson Retailers were awful earlier this year as rising rates crimped confidence from both consumers’ willingness to spend, and Wall Street’s willingness to believe consumers would spend. Inflationary pressures have had myriad impacts on retailers, but retail sales continue to buck conventional wisdom. That doesn’t mean retailers are out of the proverbial woods by…
mikkelwilliam/iStock via Getty Images Retailers are hoping for a boost from this year’s holiday shopping season even as many consumers face higher living costs. MoneyTalk’s Greg Bonnell discusses with Chris Graja, Senior Analyst, Retail with Argus Research. Transcript Greg Bonnell: Holiday shopping season is upon us, but after an earnings season where many retailers warned…
valiantsin suprunovich One small IPO and one SPAC priced this past week as markets slowed around the Thanksgiving holiday. Skincare company Elevai Labs (ELAB) priced at the low end to raise $6 million at a $69 million market cap. Small and highly unprofitable, the company offers “physician-dispensed” skincare products, meaning they are sold exclusively in…
fcafotodigital/E+ via Getty Images By Bob Iaccino At a glance Holiday season sales can account for 20% to 40% of total annual sales for some retailers. When reporting Q3 2023 earnings, retail giants Target and Walmart warned about the health of the U.S. consumer moving into the holiday season. When considering the broad picture of…
Zolga_F/iStock via Getty Images Investment Thesis Company Overview 1-800-FLOWERS (NASDAQ:FLWS), founded in 1976 and headquarters in Jericho, New York, is an online gifting platform that centers around flowers and floral products. The company has three segments: Gourmet Foods & Gift Baskets, Consumer Floral & Gifts, and BloomNet, which helps the floral wholesale merchandise to grow…
svetikd/E+ via Getty Images The US holiday shopping season is getting underway, including purchases of holiday lights and decorations. Shipments of decorations for the Halloween season had already run ahead of schedule, as previously discussed in Halloween creeps a little closer: Seasonal supply chains accelerate. In the case of Christmas decorations, US imports have historically…
Bruce Bennett In February, I placed a “Sell” rating on Best Buy (NYSE:BBY), saying its Q4 guidance looked aggressive. Its Q4 results were better than I expected, but weak guidance sent the shares lower, and I moved my rating up to “Hold” given a lack of downside catalysts and BBY’s strong capital allocation policies. The…