Inside Abercrombie and Fitch’s comeback

Abercrombie & Fitch has transformed itself from a dying mall brand into a Wall Street darling after spending years revamping its product assortment, overhauling its supply chain and rebranding as an inclusive retailer.  Shares of the apparel company have surged over the last year as it posted quarter after quarter of sales growth and profits … Read more

First quarter retail earnings don’t spell consumer comeback

Shoppers at a shopping center in Birmingham, United Kingdom, on February 11, 2024.  Nurphoto | Nurphoto | Getty Images Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods – it’s because they’re executing well and cash-strapped shoppers are choosing them over competitors.  If there’s one takeaway from … Read more

Abercrombie & Fitch (ANF) earnings Q1 2024

An Abercrombie & Fitch signage is seen on a store on Fifth Avenue on August 25, 2022 in New York City.  Michael M. Santiago | Getty Images Abercrombie & Fitch reported its strongest first quarter in its history on Wednesday, continuing a winning streak that again exceeded expectations. The retailer’s sales jumped 22% compared to … Read more

Dick’s Sporting Goods (DKS) earnings Q1 2024

A shopping cart sits in front of a Dick’s Sporting Goods store on August 26, 2020 in Daly City, California.  Justin Sullivan | Getty Images News | Getty Images Dick’s Sporting Goods on Wednesday said customers are spending more on new sneakers and athletic gear, leading the retailer to raise its full-year earnings guidance.  Shares … Read more

Target, Kohl’s, TJX could benefit

Signs are posted at the entrance to a Macy’s store that is set to close at Bay Fair Mall on February 27, 2024 in San Leandro, California. Macy’s announced plans to shutter 150 underperforming stores across the United States.  Justin Sullivan | Getty Images News | Getty Images Macy’s hasn’t yet shut the approximately 150 … Read more

Why you should check the share count before buying a stock

More than half of the stocks in the S & P 500 hit new 52-week highs in the first quarter, leaving us to puzzle over how this all happened. We act as if it’s all about the earnings or the actions of the Federal Reserve. But maybe it is something else. Maybe it’s the share … Read more

American Eagle (AEO) earnings Q4 2023

American Eagle on Thursday announced a new strategy to boost profitable growth over the next three years, as the retailer said it wrote off $94 million in impairment charges related to its internal logistics business Quiet Platform. The company also reported holiday earnings that beat Wall Street’s expectations thanks to strong demand and lower markdowns … Read more

Abercrombie & Fitch (ANF) earnings Q4 2023

Abercrombie & Fitch said Wednesday that its holiday-quarter sales jumped 21% and its profits grew thanks to higher prices and lower raw material costs. The apparel retailer expects its growth story will continue as it issued better-than-expected sales guidance. Here’s how Abercrombie did in its fourth fiscal quarter compared with what Wall Street was anticipating, … Read more

Top Wall Street analysts recommend these 3 stocks for the long term

The major averages are leaping to fresh highs, but attractive stocks with good growth prospects are still available for the picking. Wall Street analysts remain focused on the long-term prospects of stocks with solid growth potential. Investors can gain insights from the opinions of top analysts, who make recommendations after thorough research. Here are three … Read more

Earnings from Target, CrowdStrike and Kroger

CNBC’s Jim Cramer on Friday told investors what to look for next week on Wall Street, including earnings from retailers like Target. According to Cramer, March’s market has come in like a bull — not a lion — but he wondered if it will go out like one too. He said the economy’s not so … Read more