Specialty Retail Archives - Page 2 of 2

29 11, 2023

Petco Plummets After 3rd Quarter Loss and Dreary Outlook: 3 Reasons It’s Time to Sell WOOF
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Petco Plummets After 3rd Quarter Loss and Dreary Outlook: 3 Reasons It’s Time to Sell WOOF

Feature: Stock Market Investing, Featured: News, Stock Market News

Petco Plummets After 3rd Quarter Loss and Dreary Outlook: 3 Reasons It’s Time to Sell WOOF

By VectorVest|2023-12-07T19:47:20+00:00November 29th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: Consumer Cyclical, Consumer Defensive, Hot Stock, Hot Stocks, Petco Health and Wellness Company Inc, Specialty Retail, WOOF|

Petco Health & Wellness Co. (WOOF) is down more than 25% in Wednesday morning trading after delivering 3rd quarter earnings that featured a surprise loss. The pet supply store reported total sales of $1.49 billion, which came in just below the consensus of $1.51 billion. This was also a 0.5% drop year over year, [...]

29 08, 2023

Best Buy Appears to Be Struggling Despite an Earnings Beat: Time to Buy or Sell This Stock?
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Best Buy Appears to Be Struggling Despite an Earnings Beat: Time to Buy or Sell This Stock?

Feature: Stock Market Investing, Featured: News, Stock Market News

Best Buy Appears to Be Struggling Despite an Earnings Beat: Time to Buy or Sell This Stock?

By VectorVest|2023-08-29T19:19:47+00:00August 29th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: BBY, Best Buy, Consumer Cyclical, earnings announcement, Hot Stocks, Retail, Retail Stocks, Specialty Retail|

Best Buy (BBY) reported second-quarter earnings early this Tuesday morning that topped the analysis consensus. And yet, the key takeaway from the earnings call is that the electronics retailer is struggling beneath the surface. After the company strategically set low expectations for this quarter way back in May, the consensus remained low - setting [...]