1. Uncategorized

We’re throwing in the towel on a retail stock taking too long to turn around

Written by Posted on Less than 0 min read

In addition to making room for our new name, we have concerns about the potential for more material upside. So, we’re exiting.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Holiday & Events

Under Armour shares jump after it raises profit expectations amid sliding sales

Under Armour delivered a mixed set of results for its 2023 holiday quarter after it saw slow sales in its wholesale channel and soft demand in North America. View Original Article Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Trends & External Forces

Victoria’s Secret quarterly profit beats Wall Street estimates in spite of challenging backdrop

Victoria’s Secret said in prepared remarks that it navigated “significant supply chain headwinds” in the quarter while also lapping federal stimulus benefits from the year-ago period. View Original Article Economy Operations & Supply Chain CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Trends & External Forces

CNBC Daily Open: U.S. stocks don’t seem concerned about inflation, disregard jumping retail sales

 [[“value”:”January’s retail sales, like the months’ jobs report and consumer price index, were higher than expected. But stocks don’t seem concerned anymore.”]]  View Original Article Consumers Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Channel: Restaurants

Starbucks union pressures board members with billboards, posters – and a butter sculpture

​   ​  [[“value”:”Starbucks union targeted the CEOs of Nike and Land O’Lakes, and Lego’s chairman, all of whom are members of the Starbucks board, with attention-grabbing stunts.”]]    View Original Article Associates Dept. Apparel Dept. Toys & Games Executives Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader […]
< 1 min read
0
  1. Department: Nonfood

Why auto insurance rates are skyrocketing in the U.S.

The average annual premium for full coverage auto insurance in the U.S. rose 26% from 2023 to 2024, according to Bankrate. View Original Article Dept. Nonfood Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Shopper & Customer

A resale ‘revolution’: Affluent shoppers embrace secondhand shopping

The resale business is now growing twice as fast as the broader retail market, helped, in part, by a surge of affluent shoppers. View Original Article Recommerce Shoppers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Channel: Drug

Walgreens profit outlook comes up short as demand declines for Covid vaccines and tests

Walgreens has now underperformed Wall Street’s adjusted earnings expectations for two straight quarters. View Original Article COVID19 Economy Editor's Choice Results & Investment Walgreens CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Corporate Finance

Dick’s Sporting Goods boosts 2022 outlook after second-quarter earnings top estimates

Dick’s Sporting Goods reported quarterly earnings and revenue that topped analysts’ expectations and boosted its financial outlook for the year. View Original Article Dept. Nonfood Dept. Sporting goods Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Channel: Restaurants

Burger King parent says U.S. turnaround is already improving profits for franchisees

​[[“value”:”The burger chain in September unveiled the $400 million turnaround plan it crafted with franchisees after several years of disappointing sales”]]  View Original Article Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. Associates & Employees

Dollar General worker safety fines top $15 million since 2017, Labor Department says

[[ Bloomberg ]]  View Original Article Associates Dollar General CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com Do you like CNBC's articles? […]
< 1 min read
0
  1. CPG: Adult Beverage

Molson Coors logs its first sales growth in a decade as turnaround plan takes hold

Molson Coors’ fourth-quarter earnings fell short of Wall Street’s expectations, but its revenue topped analysts’ calls. View Original Article CPG: Adult Beverage Economy Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Associates & Employees

The confusing job market: Tech and finance brace for the worst, retail is mixed, travel can’t hire fast enough

The economy has shifted so abruptly in 2022 that most of the big employment trends from the Covid era have reversed, creating major challenges for employers. View Original Article Associates COVID19 Economy Results & Investment Technology & Innovation CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in […]
< 1 min read
0
  1. Uncategorized

3 takeaways from our daily meeting: Sell into strength, still bullish on Apple, TJX best

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all […]
< 1 min read
0
  1. Corporate Strategy

Panera Bread parent announces CEO transition as it prepares for ‘eventual IPO’

​Panera Brands CEO Niren Chaudhary will be succeeded by Einstein Bros. Bagels CEO Jose Duenas, effective July 1.  View Original Article Dept. Bakery Results & Investment Executives Start Ups Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Channel: Restaurants

Chipotle signs first-ever franchise partner to open locations in the Middle East

​Chipotle currently has just over 50 locations in Canada and Europe. All are company owned and operated, as are its roughly 3,200 U.S. locations.  View Original Article International - North America Partnerships Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Channel: Restaurants

McDonald’s plans reorganization, job cuts as it accelerates restaurant openings

[[“value”:” In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT Noam Galai ]]  View Original Article Data & Insights Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Stores & Formats

Toys R Us is planning a brick-and-mortar comeback in the U.S., with up to 24 new flagship stores

​[[“value”:”Toy retailer Toys R Us plans to open as many as 24 brick-and-mortar flagship stores across the U.S., its parent company WHP Global announced Friday.”]]  View Original Article Dept. Toys & Games Flagship Stores Strategy Brick and Mortar Dept. Nonfood CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world […]
< 1 min read
0
  1. Holiday & Events

Black Friday online sales to hit new record, expected to top $9 billion

Black Friday shoppers bought Apple products, espresso machines and gaming consoles, as well as toys from Funko, Hatchimals and Squishmallows. View Original Article Dept. Nonfood Dept. Toys & Games Holiday & Events Shoppers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Trends & External Forces

Modelo maker Constellation’s upbeat forecast should send the stock to new highs

Strength in Constellation’s beer business shows zero signs of slowing down heading into the summer and beyond. View Original Article Dept. Beverage Predictions and Forecasts Dept. Adult Bev CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Trends & External Forces

CNBC Daily Open: U.S. stocks shrug off hot inflation numbers

 [[“value”:”A hotter-than-expected CPI reading for January caused U.S. Treasury yields to increase. But stocks were remarkably resilient.”]]  View Original Article Economy Government CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
Next