• Target sales surge in Q1 earnings, online sales up 141%

    Target sales surge in Q1 earnings, online sales up 141% Target’s sales surged in the first quarter, fueled by people spending during the coronavirus outbreak. Sucharita Kodali, Forrester Research Retail analyst, joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss the retailers earnings report and how it compares to its competitors.

    from Yahoo Finance https://ift.tt/2zXqjCQ

  • Lowe’s profit, sales surged in Q1

    Lowe's profit, sales surged in Q1Yahoo Finance’s Alexis Christoforous and Brian Sozzi break down the latest earnings reports for Lowe’s, Home Depot, Target, and Walmart with Morgan Stanley Retail Analyst Simeon Gutman.

    from Yahoo Finance https://ift.tt/2z5Wsbi

  • Luckin Coffee shares crash on delisting risk

    Luckin Coffee shares crash on delisting riskLuckin Coffee said on Tuesday that Nasdaq had notified the company of plans to delist it from the U.S. stock exchange, a month after the company disclosed that some employees had fabricated sales accounts. Nasdaq’s notice comes as the exchange renews its focus on auditing standards. In its delisting notice, the bourse cited public interest concerns raised by the fabricated transactions and Luckin’s failure to disclose material information.

    from Yahoo Finance https://ift.tt/2Zy2yvV