Tag Archives: Bath & Body Works Inc

[ad_1] A shopper browses inside a Bath & Body Works store in Las Vegas, Nevada, U.S., on Sunday, Nov. 7, 2021. Bridget Bennett | Bloomberg | Getty Images Company: Bath & Body Works (BBWI) Business: Bath & Body Works is a specialty retailer of home fragrance, body care, soaps and …

[ad_1] Investors are carefully watching the retail sector going into 2023 for signs of a slowing economy and consumer weakness. Still, there are some stocks that are poised to gain even in an uncertain environment, according to Goldman Sachs. Overall, the firm expects real consumer spending to grow by 1.6% …

[ad_1] Third Point’s Dan Loeb hiked his stake in Bath & Body Works to 6% as the activist investor said he might push for board changes to improve governance issues at the retailer, according to a new regulatory filing. Loeb said the company’s board has “made errors in structuring its …

[ad_1] The holiday shopping season got off to a solid start over the weekend, as Black Friday’s online sales beat expectations and started to build some much-needed momentum for the retail sector. According to Adobe’s online sales tracker, consumers shelled out a record $9.12 billion shopping online on Black Friday. …

[ad_1] This holiday season, Telsey Advisory Group CEO Dana Telsey expects more in-store shoppers and a movement away from spending on home improvement to clothing and beauty as consumers exit the pandemic mindset. But not all retail companies are on equal footing. “I think this holiday season’s gonna be about …

[ad_1] It hasn’t been the best week for the broader market. The S & P 500 is down about 1% week to date, as investors weighed fresh commentary from Federal Reserve officials on inflation and monetary policy, which heightened concerns of even higher interest rates. Several retail stocks bucked the …

[ad_1] A runner jogs past Cisco Systems headquarters in San Jose, California, U.S., on Monday, Feb. 8, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hour trading. Cisco – Shares jumped 4.8% after the maker of computer networking equipment beat expectations for …

[ad_1] Some of the biggest retailers in the U.S. are set to report their latest quarterly figures this week, potentially giving insight on how well consumers are faring with inflation and the broader macroeconomic environment. Walmart and Home Depot are slated to report Tuesday. Target’s results are scheduled for Wednesday, …

[ad_1] Nike shares are trading at an attractive entry point even as the sportswear giant faces a slew of macro headwinds and extra inventory, some Wall Street analysts say. Nike on Thursday shared results after the bell that beat top and bottom line estimates , but the stock slumped more …