Shares of Container Store Group Inc. TCS, -6.66% fell more than 6% in Tuesday’s extended session after the retailer reported mixed second-quarter fiscal results and said foot traffic in its stores was slowing. Container Store earned $15.7 million, or 31 cents per share, from $27.2 million, or 54 cents per share, a year ago. Adjusted […]
Shares of Container Store Group Inc. TCS, -6.08% fell more than 6% in Tuesday’s extended session after the retailer reported mixed second-quarter fiscal results and said foot traffic in its stores was slowing. Container Store earned $15.7 million, or 31 cents per share, from $27.2 million, or 54 cents per share, a year ago. Adjusted […]
Health Service Provider CVS Health Corporation (SVC) lost 9.9% over the past month amid the market selloff. However, the healthcare sector’s resilience in the face of uncertain economic conditions and the company’s strong fundamentals have helped the stock generate returns of 8.8% over the past year. On the other hand, drugstore retailer Walgreens Boots Alliance, […]
Jhe grocery business is tough under normal conditions. Margins are thin, products can spoil, and effectively cutting costs without hurting the customer experience is no picnic. The COVID-19 pandemic has been a boon for grocery stores as spending has moved away from restaurants, but now spending patterns are returning to normal. Combine this headwind with […]
What happened Shares of The container store group (NYSE:TCS), a retailer that sells closets and storage products, fell 10% in morning trading on Wednesday. While that drop was nearly halved as of 11 a.m. ET today, that doesn’t change the fact that the company’s earnings outlook has darkened. So what The Container Store’s fiscal first […]
What happened Shares of The container store group (TCS -11.96%), a retailer that sells closets and storage products, fell 10% in morning trading on Wednesday. While that decline was nearly halved as of 11 a.m. ET today, that doesn’t change the fact that the company’s earnings outlook has darkened. So what The Container Store’s fiscal […]
MEMPHIS, Tenn. – Two suspects are wanted after officers say they stole merchandise from a Family Dollar store. The incident happened around 4pm on June 18 in the 4600 block of Knight Arnold Road. Officers said the suspects went to the storage area after entering the store. CCTV showed the suspects taking a cart with […]
Is it too late to buy ACI after its 40% growth? Albertsons Companies, Inc. (NYSE:ACI) is one of the largest food and pharmaceutical retailers in the United States. ACI operates 2,276 retail stores with 1,722 pharmacies, 402 associated fuel centers, 22 dedicated distribution centers and 20 manufacturing plants. The retailer operates with 24 brands, including […]
jetcityimage/iStock Editorial via Getty Images One of the most iconic restaurant brands in the United States is none other than Cracker Barrel Old Country Store (NASDAQ: CBRL). Over the years, the company’s management team has done a decent job work increasing the physical presence of the company and its turnover. Like many businesses in the […]
What happened Shares of The container store (TCS 7.07%), a retailer specializing in storage and wardrobe items, rose 12.5% in early trading on Wednesday. The big news was the company’s fourth quarter 2021 earnings release, which hit the market after the close on Tuesday. As the stock gave back nearly half of that gain to […]
Container Store Group Inc (NYSE:TCS) reported fourth quarter net sales fell 2.9% year over year to $305.55 million, beating consensus of $279.82 million . Gross margin contracted 237 basis points to 56.9% and operating income decreased 27.5% year-on-year to $36.96 million, with a margin of 12.1%, down 411 basis points. Adjusted EPS was $0.46, above […]
onurdongel/iStock via Getty Images You are paying way too much for what is given free.” – William Shakespeare, The Winter’s Tale Today we take an in-depth look at a retail company that looks cheap on a variety of metrics after a sharp drop in the stock. The shares have also been the subject of recent […]
Macy’s stock just snapped back to a historically bullish trend line The actions of department stores concern Macy’s Inc (NYSE:M) hasn’t seen the same dramatic drop that many stocks have seen over the past two weeks, although the safety has been sitting between the $22 and $28 levels since a sharp pullback from its three-year […]
Dollar Tree, Inc. (NASDAQ: DLTR) Discount variety stores have served millions of people in North America for more than 30 years and over the past year have been the source of superior returns for investors. Since February 2021, Dollar Tree stock’s one-year return has outperformed many of the world’s most popular tech stocks: Tesla Inc. […]
A tough quarter Management at The container store (NYSE:TCS)a specialty retailer focused on closets and general storage needs, tried to put its best foot forward when it reported results after the Feb. 8 close. For example, he pointed out that sales for the third quarter of fiscal 2021 increased by almost 17% compared to the […]
What happened Shares of The container store ( CDS -0.78% ), a wardrobe and storage retailer, fell dramatically in the first few minutes of trading on Feb. 9, rapidly losing 24% of its value. The big news was the company’s third quarter 2021 earnings release, which hit the headlines on February 8. Clearly, Wall Street […]
Shares of Container Store Group Inc. fell about 20% to $8.35 in Tuesday’s after-hours trading after the company reported weaker results in its third fiscal quarter . Consolidated net profit was $13.7 million, compared to $19.7 million in the same period a year earlier. Consolidated net sales were $267.3 million, down 3% from the 13 […]
What happened Shares of The container store (NYSE:TCS), a retailer of housewares largely tied to storage, rose sharply on the first trading day of 2021 and was up as much as 16% at one point this week according to data from S&P Global Market Intelligence. That said, he gave back some of the lead to […]
What happened Home storage retailer actions The container store (NYSE: TCS) rose rapidly by 11.5% at the start of trading on January 3, the first trading day of the new year. The likely reason was a press release issued before the market opened, describing an acquisition in the closet. So what If you’ve ever been […]
What happened Home Storage Retailer Stocks The container store (NYSE:TCS) rose a rapid 11.5% in early trading on January 3, the first trading day of the new year. The likely reason was a press release issued before the market opened, describing a closet acquisition. So what If you’ve ever been to a container store, you […]
Find out how many PS5 consoles each GameStop store has in stock during the huge in-store restock on December 17! Getting a PS5 before Christmas will be tough for everyone. However, there are plenty on sale at GameStop today! In case you missed it, GameStop is having a huge PS5 restock today, December 17th. However, […]
The first Chinese supermarket chain listed on a major US stock exchange, iFresh Inc. (IFMK) has two wholesale facilities and eight retail supermarkets in New York, Massachusetts and Florida. The Long Island City, NY-based company has entered into several strategic partnerships over the past few months. And its stock has gained 24.1% over the past […]
Supermarket chain iFresh (IFMK) has faced several challenges in recent months and has yet to release financial results for its most recent financial year and the previous two quarters. So will his recent collaboration with Alibaba’s Tmall (BABA) help him turn around his business? Let’s find out. Shutterstock.com – StockNews China’s leading supermarket chain listed […]
What happened Home Goods Retailer Actions The container store (NYSE: TCS) took off at the open, gaining up to 25% at the start of trading on Wednesday. At around 11 a.m. EDT, the stock still held a nearly 20% lead. The big news was the release of the company’s second quarter 2021 tax results, which […]
Wholesale company Costco (COST), headquartered in Issaquah, Washington, operates member warehouses in US, Puerto Rico, Canada, UK, Mexico, Japan, Korea, Australia, Spain, France , Iceland, China and Taiwan. It offers branded and private label products in a range of merchandise categories. By comparison, Dollar General Corporation, based in Goodlettsville, Tennessee (DG) supplies a variety of […]
© Reuters. Costco vs. Dollar General: Which Discount Store Inventory Is A Better Buy? With over 50% of the US population fully vaccinated, people are going back to physical stores. This is clear from recent reports showing better than expected retail sales in September, despite rising inflation. Thus, discount retailers Costco (COST) and Dollar General […]
What happened Actions of The container store (NYSE: TCS) fell sharply on Thursday, losing up to 15% earlier in the session, ultimately ending the day down 14.6%. There doesn’t appear to be any company-specific news that brings the organization and storage product retailer down, but evidence suggests that comments made by the executive at another […]
What happened Shares of The container store (NYSE:TCS) fell sharply on Thursday, losing as much as 15% earlier in the session, ultimately ending the day down 14.6%. There doesn’t appear to be any company-specific news bringing down the organization and storage products retailer, but evidence suggests comments made by the executive of another housewares retailer […]
Macy’s, Inc. (M) and Nordstrom, Inc. (JWN) are two popular department stores. M is an omnichannel retail organization that operates stores, websites, and mobile apps, selling a range of apparel, cosmetics, accessories, home furnishings, and other consumer goods. As of January 30, 2021, M operated 727 stores. It operates in Dubai, United Arab Emirates and […]
Department store inventories were quite strong as they benefited from the reopening of the economy as foot traffic to stores rebounded strongly. Moreover, many of them have been able to increase their online sales and this part of their business is also in growth mode. Before the pandemic, stocks at department stores were struggling. […]
© Reuters. Macy’s vs. Dillard’s: Which Department Store Stock is a Better Buy? Stocks of department stores Macy’s (M) and Dillard’s (DDS) posted very strong earnings. Both companies far exceeded expectations due to strong in-person and digital sales. Patrick Ryan wonders which is the best buy. Department store inventories have been quite strong as they […]
The strategy of selling products at discounted prices has helped players in the retail industry attract customers looking for value and convenience. Under the current circumstances, people from low to middle income groups have shown a preference for discount stores. In an effort to better compete with pure online retailers, industry players have strengthened the […]
What happened Just a day after jumping more than 10% on an analyst upgrade, shares of The container store group ( CDS 2.97% ) was up 16% in the first few minutes of trading on Feb. 3. The big news this time, the fiscal third quarter 2020 results, actually happened after the February 2 close. […]
What happened Actions of The container store (NYSE: TCS) jumped to 22% after the company announced a new CEO and provided an update on the company. As of 12:30 p.m. EST, the headline was still up 11%. So what The Container Store has appointed Satish Malhotra as its new CEO, effective February 1, replacing current […]
Jhe COVID-19 pandemic has had a devastating impact on many businesses. Department stores have been among the biggest losers due to their focus on selling clothing and their continued reliance on in-store sales, often in malls. A U.S. department store chain actually improved year-over-year earnings for two consecutive quarters, however: Dillard’s (NYSE:DDS). Nonetheless, shares of […]
The COVID-19 pandemic has had a devastating impact on many businesses. Department stores were among the biggest losers due to their focus on selling clothing and their continued reliance on in-store sales, often in malls. However, a U.S. department store chain has improved year-over-year profits for two consecutive quarters: Dillard (NYSE: DDS). Nonetheless, Dillard’s stock […]
Text size Courtesy of Sprouts Farmers Market Sprout farmers market was a Covid-19 winner, then he was a Covid-19 loser. His October 28 earnings report could make him a winner again. Almost every food retailer has been boosted this spring by mass pantry storage, and Phoenix-based Sprouts (ticker: SFM), which has about 350 stores in […]
October has always been a scary month for the stock market, with the crashes of 1929 and 1987 occurring in the same month as Halloween. Still, investors weren’t too afraid to send stocks higher on Thursday, building on the momentum of a strong third quarter of 2020. The Dow Jones Industrial Average (DJINDICES: ^ DJI), […]
Inventory at all clothing stores has fallen over the past month, led by a 73.7% decline at J.Jill Inc., notes retail expert Mitch Nolen. J.Jill JILL, -2.09% Shares fell 53.5% on Thursday after first-quarter profits and sales fell and the company gave a weak forecast. Among the challenges highlighted by J.Jill was the weather, with […]
Inventory at all clothing stores has fallen over the past month, led by a 73.7% drop at J.Jill Inc., notes retail expert Mitch Nolen. J.Jill JILL, +4.63% Shares fell 53.5% on Thursday after first-quarter profits and sales fell and the company gave a weak forecast. Among the challenges highlighted by J.Jill was the weather, with […]
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Earlier this year, I discussed what I look for when choosing a stock fund using Twitter, Inc. (TWTR) as an example. Today I want to look at The Container Store Group, Inc. (TCS) because it exhibits similar characteristics that suggest the stock has started a new long-term uptrend. Below is a 4.5-year daily chart for […]
Shares of Container Store Group Inc. soared 40% on Wednesday, putting it on track for its biggest one-day gain, after the retailer posted better-than-expected earnings for its fiscal first quarter and raised its guidance. . TCS company, -0.37%, which specializes in products to help consumers store and organize their belongings and save space, said it […]