J Sainsbury PLC said Wednesday that it expects to deliver profits for fiscal 2023 toward the upper end of its current guidance following record trading during the Christmas period. The Read more
Tag: Specialty Retailing
18 stock picks in a ‘Goldilocks’ scenario for U.S. consumers
It may not have been a surprise to see the consumer discretionary sector of the S&P 500 get hammered last year amid talk of a looming recession while the Federal Read more
Nike destroys earnings and sales expectations, stock gains
Nike Inc.’s stock rose nearly 8% in extended trading Tuesday after the sporting-goods retailer reported early holiday earnings and sales are tracking solidly higher than Wall Street expected, though inventories Read more
Best stock picks for 2023: Here are Wall Street analysts’ favored choices
Following a sharp and sustained rise in interest rates, U.S. stocks have taken a broad beating this year. But 2023 may bring very different circumstances. Below are lists of analysts’ Read more
20 dividend stocks with high yields that have become more attractive right now
Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and Read more
Tyson recall: Ground beef contaminated with a ‘mirror-like material’
Tyson Fresh Meats, a division of Tyson Foods Inc. TSN, -1.22%, is recalling 93,697 pounds of ground beef over a possible contamination with a “mirror-like material.” According to the U.S. Read more
Tesla finds a loophole in states where dealerships are forbidden: Tribal lands
Tesla gets a lot of credit for revolutionizing the auto industry, but drivers and industry insiders see different revolutions. The hidden one is ongoing, and the now-Texas-based electric carmaker has Read more
From ‘coastal grandmother’ style to accessible farmhouse furniture, boomers are becoming popular among big brands
It was only three years ago that young millennials and Gen Z coined the phrase “OK, Boomer” as a way to dismiss and label their elders as old-fashioned. In addition, Read more
Microsoft co-founder Paul Allen’s art collection sells for an unprecedented $1.5 billion
The unprecedented $1.5 billion sale of the late Microsoft MSFT, +1.70% co-founder Paul Allen’s masterpiece collection Wednesday evening at Christie’s — followed by strong results for the sale of 95 Read more
Retail analysts foresee holiday-season sales growth. Now we’ll hear from retailers themselves.
Even as price increases squeeze shoppers, analysts expect holiday-season sales to increase this year. With Walmart Inc., Target Corp. and discounters TJX Cos. and Ross Stores Inc. reporting results in Read more