Tag Archives: Retailers

Black Friday 2024 is anticipated to be one of the largest shopping events in recent years

Black Friday and Cyber Monday are among the year’s most anticipated shopping events. These days mark the start of holiday spending for many as shoppers look to score the best deals and discounts ahead of Christmas. Retailers compete fiercely during this period, offering significant price cuts and promotions.

As Black Friday 2024 approaches, consumers and businesses are gearing up for what could be another record-breaking shopping season.

Black Friday 2024 is anticipated to be one of the largest shopping events in recent years, with several emerging trends and consumer expectations shaping the season:

Many consumers are starting their holiday shopping before Black Friday, with 63% planning to hunt for deals well in advance. This reflects a growing preference for extended sales periods that begin in mid-November, reducing the last-minute rush.

Electronics and fashion remain top priorities for most shoppers, with Gen Z particularly focused on fashion and beauty products. Baby Boomers, on the other hand, are showing increased interest in toys, likely for their grandchildren.

Shoppers are expecting significant markdowns, with a 30% discount often considered the baseline for a “good deal.” Bundled offers and bulk discounts are strategies retailers might use to meet these expectations while maintaining profitability.

Smartphone shopping continues to dominate, with over half of online purchases expected to occur on mobile devices. This trend emphasizes the need for mobile-friendly websites and apps.

Younger generations, especially Gen Z, value sustainability, influencing their buying choices. However, willingness to pay a premium for eco-friendly products remains limited.

E-commerce is expected to outperform brick-and-mortar shopping, continuing the trend from recent years where Black Friday online sales reached nearly $10 billion.

Retailers and consumers alike are adapting to these changes, making the 2024 season competitive and dynamic. Early preparation and tech-friendly shopping options are key for both buyers and sellers this year.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Walmart and Target in focus

Walmart and Target is in focus for me this week. Two corporations in the same business but also very different. Walmart is a giant while Target is smaller with more growth potential. Walmart will report earnings on Tuesday before the market opens. Target on Wednesday.

Walmart`s EPS forecast for the quarter is $1,21. The reported EPS for the same quarter last year was $1,18. The consensus EPS forecast for Target`s quarter is $2,11 vs $0,59 for the same quarter last year.

The numbers for Target looks better than the giant Walmart, but the number as a whole will also give us more information about the consumer spending during the Covid-19 pandemic recovery.

Photo by Oleg Magni on Pexels.com

Walmart has been one of the big winners thanks to the pandemic, and reported record fourth-quarter and fullyear sales in February. However, the momentum slowed down in the first three months of the year. So, two more rounds of direct checks to most Americans didn`t help this time.

Analysts expect to see Walmart`s revenue dip 2% but earnings to rise by 4%. The company has been shelling out additional capital to raise wages for workers and build out its relationships with shoppers.

Walmart will spend nearly $14 billion in the current fiscal year to build out supply chain capacity and automation to keep pace with demand. Investors will look at Walmart`s newer initiatives in this week`s earnings report.

Target is smaller but grow faster. The company is expected a growth of 10,1% from the prior-year reported figure. It`s also estimated a big jump for Target`s earnings on Wednesday. EPS has risen to $2,11 which is a sharp improvement from 59 cents from a year ago.

Target is also one of the biggest winners during the pandemic, and its one-stop shopping destinations has been a big success. Same-day delivery of in-store purchases and fast track technology improvements has also been a great success for Target.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Target Inc has been one of the better performers in the retail sector and jumped nearly 6% on Monday

Last trading week was crazy, but the start of this week was even more crazy. Everybody said don`t buy the dip, and now you can clearly see that everybody is doing the opposite. They are buying the dip. But take a look at one of the top stocks I am looking at in times like this.

Target Inc jumped nearly 6% on Monday, while WalMart jumped nearly 8%. Target Inc warned investors that its holiday season was weaker than the company was expecting. Wall Street expects Target Inc to earn $1,66 per share on revenue of $23,47 billion. Last year earnings came to $1,53 per share on revenue of $22, 98 billion.

The consumer is strong and remain the driving force of the U.S economy. Just as important, big-box retail is not dead, as evidence by the strong earnings results and forecasts just delivered from Walmart.

Can Target Inc keep up the pace? Target Inc has been one of the better performers in the retail sector, with its shares up 42% over the past year, thanks to the company`s e-commerce initiatives. But with concers about the coronavirus, Target Inc will need strong top-and bottom-line results, solid growth and upside guidance to keep Wall Street excited about its direction.

Watch out for Target Inc before the open on Tuesday March 3.

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This is the fastest rate of building-permit authorizations recorded since 2007 and Lowe`s love it

Lowe`s Companies will report earnings before the market opens on Wednesday 20, and the consensus EPS forecast for the quarter is $1,35. That`s much better than last years $1,04 at the same time.

EPS at $1,35 will be a jump of +29,8 percent YoY, and revenue is estimated to be $17,69 billion. Lowe`s are joining Trump`s economic boom in the market and have so far jumped 25 percent in 2019. I think they can feel the boost of the Fed`s interest rate cuts.

Builders started construction on new homes at a pace of 1,314 million in October, the Commerce Department reproted Tuesday. Housing starts were up 3,8 percent from revised 1,266 million in

September and 8,5 percent higher than the same month last year.

Building permits for privately-owning housing units were authorized at a seasonally-adjusted rate of 1,461 million, and that was 5 percent above the revised pace of 1,391 million set in September, and 14 percent above last year`s rate.

This was the fastest rate of building-permit authorizations recorded since 2007. Permits for new-home construction hits post-recession record high in October.

Home Depot dropped yesterday after the company cut full-year sales growth guidance. They reported $2,53 in EPS. Wall Street predicted $2,52, but the results are looking fine. Comparable store sales growth in 2019 will be 3,5 percent compared with pror guidance of 4 pecent, the management of Home Depot said.

Lowe`s dropped 1,42 percent yesterday while Home Depot dropped 5,46 percent. Lowe was dragged down by Home Depot. Will Lowe turn that around on Wednesday? Lowe`s has a call scheduled for 9 a.m ET on Wednesday.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Target Corporation are modernizing the overall design of stores

I`m watching the retailer market closely and Target is one of them along with Walmart. Target Corporation is the eitht-largest retailer in the U.S, and they operates 1,851 stores throughout the U.S.

Their retail formats include the discount store Target, the hypermarket Super Target, and «small-format» stores previously named City Target and TargetExpress before being under the Taget branding.

Target is often recognized for its emphasis on «the needs of its younger, image-conscious shoppers», whereas its rival Walmart more heavily relies on its strategy of «always low prices». The company is expected to report earnings on Wednesday 21, before market open.

The report will be for the fiscal Quarter ending July this year, and the consensus EPS forecast for the quarter is $1,62. The same quarter last year was $1,47. The consensus revenue estimate is $18,32 Billion and that`s up +4,4 percent YoY.

Target has a strong first quarter performance and digital sales will continue to help the top line. We saw Walmart had a very impressive second quarter numbers. Can Target match Walmart in the retail business? If they can follow its 1Q19 results that was robust, we will see growth in digital sales.

They do it well with their «same-day pickup», curbside service and Shipt. Retailers like Target and Walmart also have another story to tell when it comes to foot traffic than many of the trendy fitness retailers.

Target spend a lot of money to improve its stores. Will this continue? Probably, because they has remodeled «only» 400 stores so far in the last two years. They are planning to remodel an additional 600 stores over the next two years.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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