Here's what analysts are saying about retail sales for back-to-school.
Warm weather and sales tied to the Memorial Day and Father's Day holidays helped drive shoppers to stores in June, but the heavy discounting may have hurt retail profits.
Family Dollar's conservative guidance: is this what Q3 guidance will look like? All the discount retailers are flat to down today as Family Dollar (FDO) provided guidance for the current quarter (Q4) that is below Street consensus ($0.46 to $0.51 vs. Street estimates of $0.53). The conference call, mostly with CFO Ken Smith, was very instructive...
Stocks rallied Tuesday as the euro gained against the dollar after a number of successful European debt auctions eased investor concerns about the euro zone's solvency crisis. Techs and industrials led the advance.
Stocks rallied Tuesday as the euro gained against the dollar after a number of successful European debt auctions eased investor concerns about the euro-zone's solvency crisis. Techs and industrials led the advance.
The Lightning Round is extended in this CNBC.com exclusive feature.
Poor weather in early May and a still cautious consumer translated into a mixed bag for retailers in May, underscoring the fragile state of the economic recovery at this stage.
What follows is a roundup of corporate earnings reports for Friday, May 20.
This trend is driving the markets right now.
Cramer’s wondering how much longer this stock’s triple-digit returns will continue.
The teenage consumer is returning to the mall to replace her wardrobe, and her continued search for value has helped Aeropostale set itself apart from competitors in the teen retail space, Co-CEO Mindy Meads told CNBC Wednesday.
The latest batch of economic reports is providing fresh evidence that consumers are starting to spend again, and the buzz is "a lot better" at an annual retail investors conference in New York, said Dana Telsey, CEO and Chief Research Officer of Telsey Advisory Group, which runs the conference.
Not very of late. But Cramer’s predicting a rebound.
Warm weather, an early Easter and a more confident consumer appear to have boosted retail sales in March, with many of the retailers who have reported results so far topping analysts' estimates.
There are exactly five sectors where analysts have, on average, raised their earnings estimates during the last month, and exactly five sectors where analysts have negatively revised their consensus estimates.
If you're looking for a trading idea, you might want to check out regional banks or the retailers. Find out why!
What follows is a roundup of corporate earnings reports for Thursday, March 11.
Buzz on the Street suggests the gov't is going to off-load some of its stake in Citi after the lock-up expires. If the gov't is selling, should you be buying?
U.S. retailers posted their best monthly sales performance in February since just before the recession started in 2007, as leaner inventories resulted in more sales at full price. Brian Tunick, managing director and specialty retail analyst at JPMorgan said he sees consumers continuing to make a comeback.
Greece will sell about 5 billion euros of 10 year bonds (at about a 6.3 percent yield) — it is well oversubscribed. They need to refinance up to 23 billion euros of maturing debt coming in the Apr/May time frame. 2. Retail sales for February have topped expectations. 3. Wal-Mart increased its dividend to $1.21 from $1.09 per year. Over 60 companies in the S&P 500 have increased their dividend since the start of the year. 4. A bankruptcy judge gave the management of General Growth Properties won a four month extension to keep control of the bankruptcy restructuring.