Bed Bath & Beyond got a boost Thursday after the home goods retailer reported stronger-than-expected revenue.
While earnings were in line with forecasts, investors cheered the sales figures. Net sales rose nearly 25%, while same store sales -- a key metric of consumer spending -- nudged up 2.5%
Shares of Bed Bath & Beyond (BBBY) rallied more than 4% Thursday before pulling back.
Some of the retreat could be due to MORECatherine Tymkiw - Apr 11, 2013 2:32 PM ET
The market slid Friday after a terrible jobs report. Retail stocks were not spared. The SPDR S&P Retail exchange-traded fund (XRT) was down nearly 1%.
It makes sense. If the job market is going into another spring swoon, then consumers probably will spend less at the mall. So why on Earth were shares of J.C. Penney (JCP) up 4%?
J.C. Penney's problems are well-known at this point. The department store chain's sales MOREPaul R. La Monica - Apr 5, 2013 1:10 PM ET
Troubled electronics retailer Best Buy said Thursday that it has teamed up with Samsung to create boutique shops in more than 1,400 U.S. stores.
Best Buy founder Richard Schulze, who owns 20% of the retailer's shares, had been trying to buy the company for months. But a March 1 deadline came and went without a final offer.
Best Buy CEO Hubert Joly has been cutting staff and closing stores to try to MORECatherine Tymkiw - Apr 4, 2013 1:08 PM ET
Investors went shopping at the dollar store early Monday...but the buying spree didn't last too long.
Shares of Dollar General (DG) spiked nearly 6% after the retailer reported earnings that topped forecasts, despite missing revenue estimates.
Investors were heartened by Dollar General's top line earnings numbers and its plan to buy back stock.
But shares pulled back as concern about the company's guidance gave investors pause.
"The volatility of the macroeconomic environment continues to MORECatherine Tymkiw - Mar 25, 2013 12:15 PM ET
Tiffany might want to change the color of its trademark blue box to green. Shares of Tiffany (TIF) rose nearly 2% Friday after the luxury retailer reported earnings that topped forecasts.
The stock is now up more than 20% year-to-date, surging even as shares of other luxury brands such as Coach (COH) and Nordstrom (JWN) have fallen this year.
Tiffany's stock is also outperforming lower-end jewelry chains Signet (SIG) -- of "He MOREPaul R. La Monica - Mar 22, 2013 11:34 AM ET
J.C. Penney has few friends on Wall Street, but Thursday, the troubled retailer gained one more.
BTIG analyst William Frohnhoefer issued a "buy" rating, making him one of the few analysts to recommend purchasing J.C. Penney's stock.
Frohnhoefer also set a price target of $22 per share. That's more than 40% higher from where J.C. Penney's (JCP) stock is currently trading. Early Thursday, shares slid 1% to $15.53.
The call is a rare MOREBen Rooney - Mar 14, 2013 11:44 AM ET
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.
Best Buy is expected to report a nearly 20% decrease in earnings per share this fiscal year. Sales should drop too. And a takeover by the company's founder now appears to be off the table.
Yet MOREPaul R. La Monica - Mar 7, 2013 10:50 AM ET
Shares of American Apparel (APP) took off Tuesday, after the retailer reported strong earnings and sales.
American Apparel's stock rallied more than 16%, although it's trading well below $2.
Still, the retailer has had a string of wins lately. In addition to reporting a solid quarter, American Apparel said sales would range between $652 million and $660 million for the year.
Just last month, same-store sales bumped up 10%.
"We have set a three MORECatherine Tymkiw - Mar 5, 2013 12:35 PM ET
Shares of Whole Foods Market tumbled Thursday after the organic grocery chain narrowed its outlook for sales this year.
Whole Foods (WFM) shares fell 9.4% to end the day at $87.50.
Late Wednesday, Whole Foods said it expects sales at stores open at least one year to rise between 6.6% and 8% in fiscal year 2013. It had previously forecast same-store-sales growth, a key measure of retail demand, to increase between 6.5% MOREBen Rooney - Feb 14, 2013 4:16 PM ET
Fossil is proving it's alive and kicking.
The accessories maker, best-known for its name-brand watches, reported earnings per share Tuesday that squeaked past estimates by a penny. And sales rose 14% to a record $948 million -- topping forecasts.
Fossil also issued a rosy outlook. The company expects sales to grow 10% in the current quarter and rise between 10% and 11% for its full fiscal year.
The bulk of that will be MORECatherine Tymkiw - Feb 12, 2013 1:01 PM ET
|GOP candidate allegedly 'body slams' Guardian reporter|
|23 million fewer Americans insured under House GOP bill to repeal Obamacare, says CBO|
|I voted for Trump. Now he wants to cut the aid I need|
|10 airports testing extra screening for tablets and e-readers|
|Is Trump cutting Medicaid by more than $1 trillion? It's a mystery|