Here's list of key companies to watch for the week of August 27th to the 30th.
Guggenheim sees headwinds for Macy's sticking around for a while.
For FL, the story is very much a question of whether the second half of the year can be better than the first.
A report from RBC raises more serious, longer-term questions about the Victoria's Secret brand, questioning whether changes in merchandise and its positioning 'will strike a chord in today's more body-positive environment.'
Shares of athletic wear retail chain Foot Locker plunge after the company reports second-quarter earnings and sales that miss analysts' forecasts as it struggles to attract consumers, specifically sneaker-wearing youth, to its stores.
Amazon has put tremendous pressure on traditional brick-and-mortar names and more recently, the trade war has become a headwind. But these names are posting robust growth and proving they can adapt.
While noting the combination of China tariffs and recession fears may 'frighten some to the sidelines,' analysts at Raymond James cite the furniture maker's strong balance sheet with 'no funded debt,' rising dividends since 2013, and a still 'healthy U.S. consumer.'
Ross executives say looming plans by the Trump administration to slap 10% tariffs on apparel and footwear made in China have forced the chain to update its earnings guidance for the remainder of the year.
Shares of several retailers rode the coattails of Nordstrom and Dick's Sporting Goods on their favorable earnings releases Thursday, but Friday offers a mixed bag.
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