Consumer Discretionary

The Opposite Day Issue This week, economic data decided to pull a George Costanza and do the opposite of everything it has been doing. DKI has highlighted the trend of inconsistent data in recent months, and this week, many of those inconsistent trends reversed. Confusing? Don’t worry, we...

Immersive experiences are everywhere around us. The lines between reality and virtual reality are blurrier and more valuable with each passing year, and more and more companies are diving into the digital world headfirst. Super League Enterprise (NASDAQ: SLE) is one of those companies as a leader...

Stride, Inc. (NYSE: LRN) shares are trading higher in Tuesday's after-hours session on the heels of the company's second-quarter earnings report. Here's a look at the details. What To Know: Stride reported quarterly earnings of $1.54 per share, which topped the Street...

An investor group, which submitted a $5.8 billion bid for Macy's Inc. (NYSE: M), is considering a direct appeal to shareholders if negotiations with the department store giant do not progress. As reported by The Wall Street Journal, Arkhouse Management and Brigade Capital Management proposed on...

Homebuilder Lennar Corp's (NYSE: LEN) Board of Directors has increased its annual dividend to $2.00 from $1.50 per share. The move will result in a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock. The dividend is payable on February 7, 2024,...

Oppenheimer analyst Brian Bittner has provided the analysis on some of the quick service restaurant chains. Yum! Brands Inc (NYSE: YUM) - Upgrade to Outperform with $154 PT  The analyst believes YUM represents a diversified business model that drives superior growth, yet is...

Back in the 1970s, teenagers were vying for a chance to earn $1.85 an hour and indulge in endless servings of french fries at McDonald's (NYSE: MCD). One such teenager was Paul Hendel, who embarked on his journey at a McDonald's outlet in Merrick, New York, at the age of 16. Little did he...

Telsey Advisory Group analyst Dana Telsey presented a brand performance study on the Christmas vs. Black Friday holiday by revisiting the Google Trends insights from Black Friday, with many initial findings holding over the extended holiday period. The analyst stated that Black Friday saw more...

Gerbang Alaf Restaurants Sdn Bhd (GAR), which is the licensee of McDonald's Corporation (NYSE: MCD) in Malaysia, has reportedly initiated a legal action against the Boycott, Divestment and Sanctions (BDS) Malaysia movement. The lawsuit, seeking damages of 6 million ringgit ($1.31...

KeyBanc Capital Markets analysts presented proprietary credit/debit card spending trends across Consumer/Retail and Internet Retail sectors. Consumer/Retail: Analyst Bradley Thomas said this week’s data through December 24th shows indexed spending for the 'All Retail' category...

D.A. Davidson analyst Linda Bolton Weiser reiterated a Buy rating on the shares of Mattel Inc (NASDAQ: MAT) with a price target of $25. The toy industry is highly competitive with low barriers to entry. This makes it difficult for the company to achieve, maintain, or build...

Raymond James analyst Buck Horne reiterated an Outperform rating on the shares of Lennar Corp (NYSE: LEN) raised the price target from $150 to $165. Lennar reported core EPS of $5.17 for its F4Q23 results, topping estimates of $4.59.  Another upside quarterly result...

Key Takeaways: KFC has opened its 10,000th China store in Hangzhou, and plans to accelerate net new openings to about 1,200 annually over the next three years The chain has bounced back strongly post-pandemic, but faces uncertainties due to growing Chinese consumer caution By Doug Young Some...