We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Signet Jewelers Limited (SIG - Free Report) is a retailer of diamond jewelry, watches as well as other products. Signet's shares have outperformed the industry in the past three months. It continues gaining from growth in e-commerce business and advancements made with respect to the Inspiring Brilliance strategy. Such upsides supported its performance in third-quarter fiscal 2023, which saw top and bottom-line beat. Sales increased year over year. Signet recently posted better-than-expected results for third-quarter fiscal 2023, beating the Zacks Consensus Estimate. Management raised fiscal 2023 view, reflecting confidence in the current business trends. Signet projects total revenues in the band of $7.77-$7.84 billion, up from $7.60-$7.70 billion projected earlier and $7.83 billion delivered in fiscal 2022. It remains encouraged about the holiday season.
CarMax (KMX - Free Report) is the largest retailer of used vehicles in the United States. The acquisition of Edmunds has further solidified CarMax’s position in the used auto ecosystem. CarMax’s omnichannel rollout provides has eased the shopping experience of buyers and has bolstered the company’s prospects. Store-expansion initiatives, fast delivery and high-quality products are improving the company’s market share. KMX’s long-term target of achieving $33-$46 billion in revenue and selling 2-2.4 million units annually combined through its retail and wholesale channels by FY’26 augurs well for growth.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Top Stock Picks for Week of December 19, 2022
Signet Jewelers Limited (SIG - Free Report) is a retailer of diamond jewelry, watches as well as other products. Signet's shares have outperformed the industry in the past three months. It continues gaining from growth in e-commerce business and advancements made with respect to the Inspiring Brilliance strategy. Such upsides supported its performance in third-quarter fiscal 2023, which saw top and bottom-line beat. Sales increased year over year. Signet recently posted better-than-expected results for third-quarter fiscal 2023, beating the Zacks Consensus Estimate. Management raised fiscal 2023 view, reflecting confidence in the current business trends. Signet projects total revenues in the band of $7.77-$7.84 billion, up from $7.60-$7.70 billion projected earlier and $7.83 billion delivered in fiscal 2022. It remains encouraged about the holiday season.
CarMax (KMX - Free Report) is the largest retailer of used vehicles in the United States. The acquisition of Edmunds has further solidified CarMax’s position in the used auto ecosystem. CarMax’s omnichannel rollout provides has eased the shopping experience of buyers and has bolstered the company’s prospects. Store-expansion initiatives, fast delivery and high-quality products are improving the company’s market share. KMX’s long-term target of achieving $33-$46 billion in revenue and selling 2-2.4 million units annually combined through its retail and wholesale channels by FY’26 augurs well for growth.