Overall, the retail sector is expected to report an earnings decline of 32% on 5.1% revenue growth. The earnings season is coming to an end, with about 50% of the companies only from this sector yet t
Though the Federal Reserve's aggressive actions against skyrocketing inflation delivered results, it may not be enough to spare all companies in the consumer discretionary space. Thus necessitating a

Nordstrom Must Change Its CEO

06:45am, Monday, 13'th Feb 2023
Errik Nordstrom has failed despite the support his management team has given him.

Tapestry (TPR) Q2 Earnings Surpass Estimates

01:05pm, Thursday, 09'th Feb 2023 Zacks Investment Research
Tapestry (TPR) delivered earnings and revenue surprises of 7.94% and 0.41%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
The stocks have pulled back from strong gains in Monday’s meme-stock rally.
After the extended trading session ended, the Wall Street Journal reported that the company had received investor commitments to raise $225 million of equity capital initially, with the rest of the mo

Why Nordstrom Stock Plummeted Today

10:19pm, Monday, 06'th Feb 2023 The Motley Fool
The sharp decline was a reaction to the company's big pop on Friday.
Last week’s report that activist investor Ryan Cohen was taking a large stake in Nordstrom Inc. sent the retailer’s stock rocketing.
Gainers Secoo Holding Limited (NASDAQ: SECO) jumped 156% to $4.3600. Arqit Quantum Inc. (NASDAQ: ARQQ) gained 41.5% to $3.54. SoundHound AI, Inc. (NASDAQ: SOUN) shares climbed 39.7% to $3.9394. Shar

Why Nordstrom Stock Plummeted Today

05:19pm, Monday, 06'th Feb 2023
The sharp decline was a reaction to the company's big pop on Friday.
Last week's report that activist investor Ryan Cohen is taking a large stake in Nordstrom Inc. sent the company's stock rocketing, sparking talk that the retailer could join the list of so-called meme
Nordstrom’s stock surged last week following a report that activist investor Ryan Cohen is taking a large stake in the retailer
U.S. stocks traded lower, with the Dow Jones dropping over 150 points on Monday. Here are some big stocks recording losses in today’s session. Canoo Inc. (NASDAQ: GOEV) dropped 13.8% to $1.0769 aft
Nordstrom shares surged Friday morning to close more than 24% higher at close of play, before a slight pull back Monday after news that meme king Ryan Cohen had upped his holding in the retailer.
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