Costco reports mixed quarter, but positive catalysts on the horizon

Costco reports mixed quarter, but positive catalysts on the horizon

Costco Wholesale (COST) reported mixed fiscal first-quarter results after the closing bell Thursday, amid weaker consumer demand. But the Club continues to see the fundamentals of the business as solid and are encouraged by the bulk retailer’s expected membership fee hike and special dividend. Total revenue , which includes revenues from membership fees, increased 8% … Read more

GameStop (GME) earnings Q3 2022

GameStop (GME) earnings Q3 2022

A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday its fiscal third quarter sales declined and its cash pile sharply dwindled, as the brick-and-mortar retailer has been working to expand its digital presence. In … Read more

McDonald’s hopes discounts, contests boost mobile sales

McDonald’s hopes discounts, contests boost mobile sales

Sopa Images | Lightrocket | Getty Images Last holiday season, McDonald’s leaned on singer Mariah Carey’s starpower and discounts to drive customers to their mobile app. This year, the Chicago-based restaurant giant is going further, giving customers the chance to win free McDonald’s for life for themselves and three of their friends with every mobile … Read more

We're locking in a big profit on our favorite retail stock after softer sales figures – CNBC

We're locking in a big profit on our favorite retail stock after softer sales figures – CNBC

We’re locking in a big profit on our favorite retail stock after softer sales figures  CNBC Why Wall Street’s bullish on 3 Club stocks Wednesday — and our take, too  CNBC Recent weakness in the strong dollar is a welcome development for multinational Club stocks  CNBC Jim Cramer’s Investing Club meeting Tuesday: Stock picks, Disney pivot, Microsoft confidence  CNBC … Read more

WASHINGTON, D.C.: AHF Shames Gilead with World AIDS Day Protest, Dec. 1st – The Maryville Forum

WASHINGTON, D.C.: AHF Shames Gilead with World AIDS Day Protest, Dec. 1st – The Maryville Forum

WASHINGTON, D.C.: AHF Shames Gilead with World AIDS Day Protest, Dec. 1st  The Maryville Forum White House, United Nations call for resources to help end HIV/AIDS | USA TODAY  USA TODAY Achieving health equity to end the HIV epidemic: An important step Congress can take  The Hill World AIDS Day 2022: WHO calls for leaders to equalize access … Read more

Wall Street’s bullish on 3 Club stocks Wednesday

Wall Street’s bullish on 3 Club stocks Wednesday

Apple (AAPL), Constellation Brands (STZ) and Ford Motor (F) were subject to Wall Street research on Wednesday. Here’s the latest analyst commentary on these Club holdings, along with our view. Apple Analyst take: Baird lowered its estimate for iPhone manufacturing in Apple’s fiscal first quarter by 8 million units, citing persistent challenges at an assembly … Read more

Shopper turnout hit record over Black Friday weekend, trade group says

Shopper turnout hit record over Black Friday weekend, trade group says

A customer searches for shoe products inside a Macy’s store during Black Friday sales on November 25, 2022 in Jersey City, New Jersey. Kena Betancur | Getty Images A record number of holiday shoppers – 196.7 million – flocked back to stores and hunted for deals from Thanksgiving Day to Cyber Monday, according to a … Read more

Black Friday online sales top $9 billion in new record

Black Friday online sales top  billion in new record

Black Friday shoppers wait to enter the Coach store at the Opry Mills Mall in Nashville, Tennessee, on November 25, 2022. Seth Herald | AFP | Getty Images Consumers spent a record $9.12 billion online shopping during Black Friday this year, according to Adobe, which tracks sales on retailers’ websites. Overall online sales for the … Read more

US to boost spend, Europe hold back amid cost-of-living crisis

US to boost spend, Europe hold back amid cost-of-living crisis

Many shoppers say they plan to spend less this Black Friday as the cost-of-living crisis bites. Richard Baker | In Pictures | Getty Images Black Friday may offer an opportunity to bag a bargain ahead of the festive period, but many shoppers will be expecting retailers to cut prices by a greater margin this year … Read more

Lowe’s (LOW) earnings 3Q 2022

Lowe’s (LOW) earnings 3Q 2022

A Lowe’s employee walks through the store during the grand opening of the Lowe’s store in San Francisco, California. Getty Images Lowe’s reported third-quarter earnings on Wednesday that beat analysts’ expectations, with revenue up compared to the same period last year. The home improvement retailer also updated its guidance, lowering the top end of its … Read more