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Zacks News
Walmart Beats on Q4 Earnings, Guides Lower: ETFs in Focus
by Sweta Killa
Walmart (WMT) reported fourth-quarter fiscal 2023 results, wherein it surpassed both earnings and revenue estimates but issued a weaker-than-expected outlook for the full year.
Retail ETFs in Focus As Big-Box Q4 Earnings Unfold
by Sweta Killa
Overall, the retail sector is expected to report an earnings decline of 32% on 5.1% revenue growth. The earnings season is coming to an end, with about 50% of the companies only from this sector yet to report.
ETF Areas to Win on Upbeat January Retail Sales
by Sanghamitra Saha
Retail sales in the United States increased 3% sequentially in January of 2023, the biggest increase since March of 2021.
Valentine's Day Spending to Hit Second Highest: ETFs to Splurge
by Sweta Killa
Americans are expected to shell out $25.9 billion on Valentine's Day this year, up from $23.9 billion in 2022 and one of the highest spending on record.
7 ETFs That Can be Unique Gifts This Valentine's Day
by Sanghamitra Saha
Forget candies, flowers, cards and clothes. Gift your valentine these ETFs instead.
ETFs in Focus Posts Amazon's Biggest Annual Loss Ever
by Sweta Killa
Amazon (AMZN) disappointed investors following its fourth-quarter results. Though the e-commerce giant beat earnings and revenue estimates, it posted the least profitable holiday quarter since 2014 and the biggest-ever annual loss as a public company.
ETFs & Stocks to Win Despite a Soft December Retail Sales
by Sanghamitra Saha
Retail sales in the United States fell 1.1% sequentially in December 2022. Year-over-year, retail sales grew 9.2%.
Uncertain About a Santa Rally in 2022? 5 ETF Picks
by Sanghamitra Saha
The Santa Claus Rally refers to the jump in stock prices in the week between Christmas and New Year's Day.
Retail ETFs to Tap on Robust Holiday Sales
by Sweta Killa
The 2022 holiday shopping season has been solid for retailers as consumers have taken advantage of heavily discounted merchandise amid an overall slowdown in the retail sector over the past few months.
5 ETFs to Bet On for This Holiday Season
by Sweta Killa
The National Retail Federation expects holiday sales to grow 6-8% in November and December to $942.6-$960.4 billion.