Consumer Discretionary

Key Takeaways: Starbucks is considering bringing in partners to its China operation, as same-store sales in its second-largest market plunge during a bloody local coffee price war The coffee giant has faced multiple challenges in China, from severe restrictions during the pandemic to growing...

Welcome to the most important week of trading in 2024! If you think this is an overstatement, I challenge you to find a better one. The General Election is on Tuesday, and whether we see the results of who will occupy the White House by Wednesday morning or not, we will have chosen a route at the...

We’ve now entered earnings season. Las Vegas Sands (NYSE: LVS) misses the headline numbers, but looking a bit deeper, it was a great quarter. Starbucks (NASDAQ: SBUX) misses badly. DKI thinks they’re focused on too many things that don’t affect the customer experience. Paul Tudor...

McDonald's Corporation (NYSE: MCD) has gained 24.2% in the past three months, outperforming the Zacks Retail - Restaurants industry, the Zacks Retail-Wholesale sector and the S&P 500 Index, which rose 20.4%, 10.7% and 7.4%, respectively. Image Source: Zacks Investment Research...

Mattel, Inc. (NASDAQ: MAT) is scheduled to report third-quarter 2024 results on Oct. 23, 2024, after the closing bell. In the last reported quarter, the company's earnings surpassed the Zacks Consensus Estimate by 18.8%. Trend In Estimate Revision For the quarter to be reported, the Zacks...

Crocs, Inc. (NASDAQ: CROX) stock seems in a good spot since the past year, with shares rising more than 60%, comfortably outperforming the broader Consumer Discretionary sector's return of 18.5% and the Zacks Textile - Apparel industry's growth of 4.8% in the same period. CROX's shares...

Arcosa, Inc. (NYSE: ACA) recently acquired the construction materials business of Stavola Holding Corporation and its affiliated entities (Stavola) for $1.2 billion. This apart, ACA completed the previously announced sale of its steel components business on Aug. 16, 2024. Buyout Synergies The...

Lennar Corporation (NYSE: LEN) reported third-quarter fiscal 2024 results, wherein its earnings and revenues surpassed the Zacks Consensus Estimate. On a year-over-year basis, revenues increased, given the company's emphasis on maintaining a steady production rate to drive sales momentum....

PowerSchool Holdings, Inc. (NYSE: PWSC), a leader in cloud-based software for K-12 education, has announced two new AI-driven tools, PowerBuddy for College and Career and PowerBuddy for Custom AI. These tools aim to revolutionize the way students, families, and school districts access and manage...

We hit earnings season and with the Magnificent 7 priced for perfection, it was going to take “perfect” earnings reports to keep the market from falling. $GOOG (NASDAQ: GOOG) and $TSLA (NASDAQ: TSLA) showed some weakness and for the second straight week, tech leads the stock market...

Spectrum Brands Holdings Inc. (NYSE: SPB) looks well-poised for growth, thanks to its robust strategic efforts. The company is benefiting from increased pricing, cost improvements and a favorable mix. Its Global Productivity Improvement Plan ("GPIP"), which aims at improving the company...

Lululemon Athletica, Inc. (NASDAQ: LULU) shares are trading lower Wednesday ahead of the company’s earnings release after the market close. Here’s what you need to know. The Details: Lululemon is anticipated to release financial results for the 2024 fiscal-year first quarter after the...

Key Takeaways: DPC Dash’s revenue grew more than 50% last year, as it ramped up its strong push into second-tier Chinese cities The exclusive franchisee of Domino’s pizza in China aims to double its store count from 768 at the end of last year to more than 1,600 by 2026 By Doug Young...

Everyone's talking about AI. There's excitement, fear, apprehension, confusion… let's just say a lot of mixed emotions. The plus side is the concept of saving money and eliminating redundancies. I've worked with many organizations that are using ChatGPT to write their copy or...