Tag Archives: resilient

[unable to retrieve full-text content]Chipotle blows by earnings estimates as resilient foot traffic, margin expansion boost Q1 results  Yahoo Finance Source link

Shares of Target (TGT) are trading higher on Tuesday as the company posted its fourth quarter earnings, easily beating Wall Street expectations on both the top and bottom lines. The company also revealed adjusted net earnings jumped 57.8% year over year to $1.38 billion. Target COO and CFO Michael Fiddelke joins the Live show alongside Yahoo Finance Executive Editor Brian Sozzi to discuss Target’s performance and how the company has organized its business model and inventories for better… Source link

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: One week into 2024, and investors are being hit with several truths. The first truth is that Magnificent Seven stocks don’t go up every single day (despite what December’s action showed…), and the downgrade buzzards on Wall Street lurk. Apple (AAPL) shares are being hammered by analyst downgrades. Tesla (TSLA) is under pressure after meh delivery numbers. Nvidia’s (NVDA)… Source link

Bank of America (BAC) CEO Brian Moynihan isn’t joining the chorus of those warning about the economy heading into 2023, and that’s because the consumer continues to shop, shop, shop despite ongoing inflationary pressures. “The American consumer is resilient,” Moynihan said on Yahoo Finance Live (video above). According to the chief executive, consumer spending — as measured by transactions on BofA’s debit and credit cards — is up 10% through October even as inflation remains high and the… Source link

Despite the current inflationary environment, pet care hasn’t seemed to blink an eye. According to PetSmart CEO J.K. Symancyk, the industry is seeing some of its strongest growth in years. “I would call it a resilient industry,” Symancyk said on Yahoo Finance Live (video above). “I think we continue to see people make choices to put their pets ahead of themselves and find ways to involve their pets in more of their lives. And that has continued to drive growth for the last 15+ years. I believe… Source link

Google parent Alphabet Inc. reported quarterly results that exceeded Wall Street estimates Tuesday, belying fears that it would be dinged by the changes in Apple Inc.’s mobile privacy policy that stung its social-media brethren. The search-engine giant  GOOGL, +1.35% GOOG, +0.65%,  dominant in global digital advertising, reported net income of $18.94 billion, or $27.99 a share, in its fiscal third quarter, compared… Source link