[ad_1] A pedestrian carries shopping bags while walking through Union Square on May 17, 2022 in San Francisco, California. Justin Sullivan | Getty Images American millionaires are trimming their holiday spending and becoming more budget-conscious as a result of inflation, a sign that spending cuts are now rising up the …
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[ad_1] A weak housing cycle will hurt home furnishing retailers Williams-Sonoma and RH , according to Barclays. Analyst Adrienne Yih downgraded both stocks to equal weight from overweight. She also slashed her price targets on Williams-Sonoma and RH. “We are downgrading both WSM and RH on a weakening housing cycle …
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[ad_1] Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Ross Stores — Ross Stores jumped 10% after a quarterly beat on earnings and revenue. The company was also named by Credit Suisse as its …
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[ad_1] As third-quarter earnings season gets underway, investors will be missing a good chunk of the action if they ignore guidance for the fourth quarter. By the day, it’s getting more and more clear that expectations for the final quarter of the year are too high. Companies from a variety …
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[ad_1] It’s time to sort the strong management teams from the weaker ones. As the country reopened after pandemic closures, price hikes were essentially a sure bet. There was plenty of pent-up demand and products were sometimes scarce due to supply chain issues. Companies also hiked prices as a necessity …
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