Previous close | 0.3800 |
Open | N/A |
Bid | 0.1000 |
Ask | 0.2500 |
Strike | 160.00 |
Expiry date | 2024-02-16 |
Day's range | 0.3800 - 0.3800 |
Contract range | N/A |
Volume | |
Open interest | 1 |
Despite macroeconomic headwinds, DICK'S Sporting's (DKS) Q3 results reflect gains from solid market share gains and increased transactions.
According to data released from the Federal Reserve Bank of New York, consumers have surpassed $1 trillion dollars in credit card debt, while a Deloitte survey illustrates American shoppers as planning to spend $567 on average during Black Friday and Cyber Monday shopping events. This spending estimate is a 13% increase from last year's holiday season. More than ever, consumers are on the lookout for value as they try not to break the bank, putting certain retailers in a better position to capitalize on this trend than others. Bernstein Analyst Aneesha Sherman joins Yahoo Finance to discuss one of those retailers, Burlington Stores (BURL), and why she believes they are an "underdog" ready to pounce. "Burlington is one of the few retailers across the landscape that has seen positive [comparable] store sales, and we've seen a lot of retailers report this morning, a lot of negative comp. store sales and we've seen that for the second quarter in a row now; the third quarter for some retailers," Sherman outlines. "But, Burlington, as well as other off-price retailers — TJX (TJX) and Ross (ROST) — are all seeing positive comps for three or four quarters in a row, which suggests they are gaining share." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Sprouts Farmers (SFM) demonstrates resilience, and enhances customer interactions and strategic foresight, positioning itself for sustained growth and success in the dynamic retail landscape.