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Target shares drop on profit miss, wage hikes offset sales gains

March 13, 2018 admin 0

Target‘s refurbished stores with more open layouts and the launch of several exclusive home furnishing and apparel brands are helping lure more people to shop there. However, a decision to hike employee wages weighed on […]

Earnings

Dollar Tree same-store sales and forecast disappoint, sending shares lower

March 12, 2018 admin 0

Family Dollar, the unit Dollar Tree bought in 2015, reported underwhelming holiday-quarter same-store sales growth despite Dollar Tree making several plans to attract customers. For the full year, Dollar Tree said it estimates net sales […]

Earnings

Kroger shares plummet on disappointing profit outlook

March 10, 2018 admin 0

Kroger on Thursday reported fourth-quarter earnings in-line with analysts’ estimates but issued a disappointing profit outlook for 2018. Its shares plummeted more than 11 percent in early trading following the news. Net income for the […]

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  • Columbia Sportswear and Hanesbrands are under the radar retail stocks to buy
  • Here are the winners and losers from the first quarter of 2019
  • 5 places to retire where you can feel rich, yet live on a budget
  • Fed’s Quarles says rate hikes could be ahead ‘at some point’
  • Farm Belt faces an expensive cleanup after already-costly record flooding
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