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Reuters - 2 weken geleden

Dollar General misses estimates as customers curb spending, costs rise

UPDATE 3-Dollar General misses estimates as customers curb spending, costs rise Company misses Wall Street estimates Says it saw modest decrease in customer traffic Company to invest $100 mln in its stores, primarily in incremental labor hours Adds analyst comment By Granth Vanaik March 16 (Reuters) - Dollar General Corp DG.N on Thursday missed Wall Street estimates for fourth-quarter results as the retailer struggled with surging costs and a decline in customer traffic at its stores.

Reuters - 2 weken geleden

With prices soaring, Dollar Tree ditches eggs until later this year

With prices soaring, Dollar Tree ditches eggs until later this year By Jessica DiNapoli NEW YORK, March 14 (Reuters) - Dollar Tree Inc DLTR.O has stopped selling eggs in its Dollar Tree stores, a spokesperson for the U.S. retailer confirmed late Tuesday, as the staple food has skyrocketed in price by as much as 60% during the fall. The chain, which is increasingly a go-to grocery destination for cash strapped shoppers, has roughly 8,000 Dollar Tree stores across the United States and Canada.

Reuters - 4 weken geleden

U.S. stores hawk same brand of cautious pessimism

BREAKINGVIEWS-U.S. stores hawk same brand of cautious pessimism The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, March 2 (Reuters Breakingviews) - Stores across the United States are stocking shelves with the same brand of cautious pessimism. They have good reasons to be uneasy and to temper investor expectations.

Reuters - 4 weken geleden

Kroger's upbeat annual profit view surprises Wall Street

UPDATE 4-Kroger's upbeat annual profit view surprises Wall Street Q4 profit of 99 cents/share beat estimates of 90 cents/share To invest $770 mln in wage raises, health benefits in 2023 Shares up 3% Adds details from earnings call By Deborah Mary Sophia March 2 (Reuters) - Kroger Co KR.N on Thursday reported bumper quarterly results and forecast annual profit above Wall Street estimates, as the U.S.

Reuters - 4 weken geleden

U.S. STOCKS Wendy's, HP, Sanofi

BUZZ-U.S. STOCKS ON THE MOVE-Wendy's, HP, Sanofi Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were set to come under pressure on Wednesday, with stock futures reversing early gains, as higher Treasury yields offset a boost from a jump in China's manufacturing activity.

Reuters - 4 weken geleden

Dollar Tree Reports Q4 EPS of $ 2.04

BRIEF-Dollar Tree Reports Q4 EPS of $ 2.04 March 1 (Reuters) - Dollar Tree Inc DLTR.O : DOLLAR TREE, INC. REPORTS RESULTS FOR THE FOURTH QUARTER AND FISCAL YEAR 2022 CONSOLIDATED NET SALES FOR FULL-YEAR FISCAL 2023 ARE EXPECTED TO RANGE FROM $29.9 BILLION TO $30.5 BILLION SEES 2023 DILUTED EPS $6.30 TO $6.80 DILUTED EPS FOR FIRST QUARTER 2023 IS ES

Reuters - 4 weken geleden

Dollar Tree sees weak 2023 profit as costs mount, shoppers curb spending

UPDATE 4-Dollar Tree sees weak 2023 profit as costs mount, shoppers curb spending Sees 2023 sales of $29.9 bln-$30.5 bln, above estimates Q1 profit view of $1.46-$1.56 per share vs estimate of $1.84 Q4 sales and profit beat Wall Street expectations Adds details from call and updates shares By Ananya Mariam Rajesh March 1 (Reuters) - Dollar Tree Inc DLTR.O forecast annual profit well below estimates on Wednesday, as the discount store operator battles higher wages and freight costs while consumer

Reuters - 4 weken geleden

Dollar Tree sees strong annual sales on strong demand for discounted items

Dollar Tree sees strong annual sales on strong demand for discounted items March 1 (Reuters) - Dollar Tree Inc DLTR.O forecast full-year sales above Wall Street estimates on Wednesday, signaling strong demand from bargain-hungry consumers for discounted products like decorations and groceries. The discount store operator expects 2023 sales between $29.9 billion and $30.5 billion, above analysts' estimate of $29.86 billion, according to IBES data from Refinitiv.

Reuters - 4 weken geleden

Markets March on China boomlet

MORNING BID AMERICAS-Markets March on China boomlet A look at the day ahead in U.S. and global markets from Mike Dolan If there were still doubts about a re-acceleration of the world economy into 2023, China's February business boom likely put them to rest. And after a bruising setback for stocks and bonds in February, investors now have to assess whether the unfolding economic rebound is sustainable given the eye-watering revision that it's forcing in inflation and interest rate expectations.

Reuters - 4 weken geleden

US retailers' lure cash-strapped customers with products under $5

US retailers' lure cash-strapped customers with products under $5 By Siddharth Cavale and Uday Sampath Kumar NEW YORK, Feb 28 (Reuters) - Retailers have a new sweet spot: products that cost $3 to $5. Target said on Tuesday that it would be stocking its shelves with more products priced under $10 as the retailer tries to appeal to more cost-conscious consumers dealing with once-in-a-generation inflation.

Reuters - 4 weken geleden

U.S. retailers' ocean shipping price woes ending, but new delays threaten

UPDATE 2-U.S. retailers' ocean shipping price woes ending, but new delays threaten Adds comment by MSC executive By Lisa Baertlein LONG BEACH, Calif., Feb 27 (Reuters) - Collapsing ocean shipping rates would seem to be good news for U.S. retailers, but they are now bracing for delays as some carriers try to prop up prices by cancelling voyages. Retailers had paid as much as $20,000 to move a container of goods during the worst pandemic disruptions.

Reuters - 4 weken geleden

U.S. retailers' ocean shipping price woes ending as new delays threaten

U.S. retailers' ocean shipping price woes ending as new delays threaten By Lisa Baertlein LONG BEACH, Calif., Feb 27 (Reuters) - Collapsing ocean shipping rates are not all good news for U.S. retailers, who paid as much as $20,000 to move a container of goods during the worst pandemic disruptions, as they now are bracing for delays due to plummeting demand.

Reuters - 1 maand geleden

U.S. earnings week ahead

DIARY-U.S. earnings week ahead Feb 24 (Reuters) - Diary of U.S. (.SPX) corporate earnings for the week ahead. ** Please Note - All times given are in U.S. EDT unless otherwise stated ** U.S. EARNINGS Start Date Start Time RIC Company Name Event Name 27-Feb-2023 AMC UHS Universal Health Services Inc Q4 2022 Universal Health Services Inc Earnings Release 27-Feb-2023 AMC OKE ONEOK Inc Q4 2022 ONEOK Inc Earnings Release 27-Feb-2023 AMC OXY Occidental Petroleum Corp Q4 2022 Occidental Petroleum Corp

Reuters - 1 maand geleden

Dollar General's 2023 profit forecast underwhelms after storm-hit quarter

UPDATE 3-Dollar General's 2023 profit forecast underwhelms after storm-hit quarter Adds analyst comment and updates shares By Ananya Mariam Rajesh Feb 23 (Reuters) - Dollar General Corp DG.N on Thursday forecast full-year profit well below expectations after cutting its earnings estimate for the all-important holiday quarter on heavy discounts, higher costs and inventory damage due to winter storm Elliott.

Reuters - 1 maand geleden

Wall St Week Ahead-Retailers' results may be next test for rally in U.S. stocks

RPT-Wall St Week Ahead-Retailers' results may be next test for rally in U.S. stocks Repeats with no changes to headline or text By Lewis Krauskopf NEW YORK, Feb 17 (Reuters) - Earnings results from major retailers in the coming weeks will test the strength of the U.S. stock market rally, as investors gain insight into the health of consumer spending and the fallout on company bottom lines from inflation.

Reuters - 1 maand geleden

Wall St Week Ahead-Retailers' results may be next test for rally in U.S. stocks

Reuters - 1 maand geleden

Wall St Week Ahead-Retailers' results may be next test for rally in U.S. stocks

Wall St Week Ahead-Retailers' results may be next test for rally in U.S. stocks By Lewis Krauskopf NEW YORK, Feb 17 (Reuters) - Earnings results from major retailers in the coming weeks will test the strength of the U.S. stock market rally, as investors gain insight into the health of consumer spending and the fallout on company bottom lines from inflation.

Reuters - 2 maanden geleden

Dollar General CFO Garratt to retire

UPDATE 3-Dollar General CFO Garratt to retire Adds analyst comment By Deborah Mary Sophia Jan 30 (Reuters) - Dollar General Corp's DG.N Chief Financial Officer John Garratt would retire effective June 2, the discount store chain said on Monday, adding that it will "evaluate options" for its next finance chief. The company is not currently conducting an external search for Garratt's replacement, it said in a statement , citing its "robust succession plans" Garratt's retirement comes at a time whe

Reuters - 2 maanden geleden

Wall Street Journal - Jan 25

PRESS DIGEST - Wall Street Journal - Jan 25 Jan 25 (Reuters) - Following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Ford Motor Co F.N is in talks with Chinese electric-vehicle maker BYD Co 002594.SZ over the sale of a manufacturing plant in Germany , according to people familiar with the discussions.

Reuters - 2 maanden geleden

U.S. STOCKS Baudax Bio , GATX Corp, Verb Technology, Decibel Therapeutics

BUZZ-U.S. STOCKS ON THE MOVE-Baudax Bio , GATX Corp, Verb Technology, Decibel Therapeutics Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street slipped on Tuesday after industry bellwethers 3M, Johnson & Johnson and GE warned of a challenging year ahead, while a technical issue at the New York Stock Exchange briefly halted trading in some stocks shortly after the opening b

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