Earnings

Earnings
Despite Market Pressures, Pre-Earnings JPMorgan Looks ‘Healthy’
July 12, 2016

At least one analyst thinks JPMorgan is looking attractive ahead of earnings, which are slated to be released later this week, on July 14 ahead of the market open. Writing Monday (July 11) for Seeking Alpha, investor Don Dion, who heads an eponymous money management firm, noted...

Earnings
Old Navy Drives Gap’s June Sales Growth
July 11, 2016

At the rate fast fashion brands are taking over both online and in the world of physical retail, it can be easy to forget that the mall-based merchants that predated the Zaras and H&Ms of the world can still put up some solid numbers. In...

Earnings
Walgreens Logs Strong Q3
July 07, 2016

An apple a day will keep the doctor away, but for retailers, there’s nothing like a good quarterly earnings report to cure what ails them — not to mention to keep angry shareholders from calling for executive shakeups. Fortunately, for Walgreens Boots Alliance, Q3 2016 represented...

Earnings
Verifone’s Mixed Earnings Bag
June 08, 2016

Shares of Verifone skidded more than 28 percent after hours on Tuesday (June 7) as the payments firm reported earnings per share that missed The Street by a nickel. The net income on an adjusted basis came in at $0.47 per share on sales of $526...

Earnings
Ulta’s Strong Earnings Are Shelter In Retail’s Storm
May 31, 2016

Beauty products and cosmetics aren’t usually included in that elusive category of “recession-proof industries,” but recent growth from makeup giant Sephora and emerging sales evidence could mean that a good foundation is a critical element of both retailers and makeovers alike. Ulta released its Q1...

Earnings
Costco’s Earnings Miss
May 27, 2016

Costco‘s latest quarterly earnings report paints a less-than-rosy picture for the warehouse club retailer. For the first time in over six years, the company reported flat growth in comparable sales and failed to meet analysts’ expectations of 1.9 percent growth, Reuters reported. The stagnation, the Washington-based...

Earnings
Why Retail Earnings Are Less And Less Tethered To The Overall Economy
May 24, 2016

Retail earnings may have long been looked upon as a benchmark for measuring the growth of the economy but not anymore. The shift in calibration comes as signs of weakening sales in the earnings reports of numerous major retailers were counteracted by the U.S Commerce Department report that showed a spike in...

Why Unattended Retail Payments Are At A Turning Point
May 13, 2016

USA Technologies, a provider of cashless and mobile transactions for the self-service retail market, has posted another strong quarter revenue-wise but still posted a loss overall. The company, which reported its third quarter yesterday (May 12), showed a revenue increase of 33 percent YOY, to...

Earnings
Macy’s Lackluster Earnings Spook Retail Investors
May 12, 2016

Forget love — investments into publicly traded companies make the world go round. However, when a retailer whose performance was once seen as a bellwether for an entire vertical starts to post poor results quarter after quarter, those investments are going to be in serious...