Home Improvement Retail

U.S. stocks traded slightly lower this morning, with the Dow Jones dropping around 40 points on Monday. Following the market opening Monday, the Dow traded down 0.12% to 33,635.06 while the NASDAQ fell 0.35% to 12,191.99. The S&P 500, also fell, dropping, 0.11% to 4,131.81. Check This Out:...

LL Flooring Holdings, Inc. (NYSE: LL) reported a first-quarter FY23 sales decline of 13.7% year-on-year to $240.69 million, missing the consensus of $258.40 million. Comparable store sales decreased by 15.4% versus last year. Adjusted EPS loss of $(0.31) missed the consensus of $(0....

The Nasdaq Composite closed sharply higher on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go...

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price...

LL Flooring Holdings, Inc. (NYSE: LL) reported a fourth-quarter sales decline of 7.5% year-on-year to $263.87 million, missing the consensus of $267.60 million. Comparable store sales decreased 9.5% versus last year. Adjusted EPS loss of $(0.29) missed the consensus of $0.08. Gross...

Lowe's Companies Inc (NYSE: LOW) reported fourth-quarter FY22 sales growth of 5.2% year-on-year to $22.45 billion, missing the consensus of $22.69 billion. Comparable sales decreased 1.5%, while comparable sales for the U.S. home improvement business fell 0.7%. Adjusted EPS of $...

Good Morning Everyone! China stuns the world with manufacturing activity expanding at the fastest pace in more than a decade in February.  The Hong Kong stock index is up +4%. Maybe the economy won’t crash after all. Prices as of 4 pm EST 2/28/23; % YTD MARKET UPDATE S&P 500...

With US futures trading slightly higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Dollar Tree, Inc. (NASDAQ: DLTR) to post quarterly earnings at $2.02 per share on revenue of $7.60 billion before the opening bell. Dollar...

The CNN Money Fear and Greed index showed some decline in the overall sentiment among US investors. US stocks closed lower on Tuesday, with all the major indices recording their second negative month in three. For the month, the Dow fell around 4.2% for the month and has lost 1.48% year-to-date....

The Nasdaq 100 index closed slightly lower on Tuesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go...

LL Flooring Holdings, Inc. (NYSE: LL) is planning to slow new store openings and recommence share repurchases in 2023 under its existing share repurchase program. The company recently opened two new stores in Bellingham, Washington, and Joplin, Missouri, bringing the total new store...

Telsey Advisory Group analyst Joseph Feldman reiterates an Outperform rating on the shares of Lowe’s Companies Inc (NYSE: LOW) and lowered the price target from $255 to $250. The company announced long-term growth strategies at its investor conference on...

Goldman Sachs raised Lowe's Companies, Inc. (NYSE: LOW) price target from $241 to $246. . Goldman Sachs analyst Kate McShane maintained a Buy rating on the stock. Lowe's shares fell 0.1% to $206.70 in pre-market trading. Stephens & Co. boosted NCR Corporation (NYSE: NCR) price...

Lowe’s Companies Inc (NYSE: LOW) plans to provide an update on its key growth initiatives and long-term financial targets at its 2022 Analyst and Investor Conference today in New York City.  The company affirmed its FY22 outlook for sales of $97 billion - $98 billion (...

Retail stocks had mixed results during market hours Friday as early reports suggested the shopping holiday was off to a slower-than-normal start. Real estate investment trusts (REITs) with retail tenants, on the other hand, mostly traded higher Friday.  Alpine Income Property Trust Inc (NYSE:...