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Zacks News
Patience Is The Virtue Of A Successful Investor
by Daniel Laboe
With the Fed propping up the stock market with its history-making monetary support, I am now going back to the strategy that investors have been following for the past decade prior, buying the dips
Here's How Tapestry (TPR) is Tackling Coronavirus Concerns
by Zacks Equity Research
Tapestry's (TPR) stores in North America and Europe are set to remain shut through Apr 24. However, its e-commerce channels continue to operate.
Ulta Beauty to Furlough Staff in its Fight Against Coronavirus
by Zacks Equity Research
Ulta Beauty (ULTA) to temporarily furloughing many of its store and salon associates amid growing coronavirus scares.
Coronavirus Rampage Continues: Stitch Fix Calls Off Guidance
by Zacks Equity Research
Stitch Fix (SFIX) continues to ship products via distribution centers in the United States, considering all health and safety measures.
Fashion Brands Find Lifeline in Mask Making Amid Coronavirus
by Ritujay Ghosh
Fashion brands like The Gap, Inc. (GPS) and HanesBrands, Inc. (HBI) are not only supplementing for the shortage of protective gear, but also looking for a survival strategy.
Macy's (M) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Macy's (M) closed the most recent trading day at $6.01, moving +1.73% from the previous trading session.
V.F. Corp Extends Closure, Updates Plans Amid Coronavirus
by Zacks Equity Research
V.F. Corp (VFC) announces proactive measures like temporary pay cuts and review of capital plan to strengthen financial flexibility.
Patience: The Virtue Of A Successful Investor
by Daniel Laboe
The S&P 500 has rallied over 20% from its lows on March 23rd and some are calling this the end of a very short-lived bear market...Don't be fooled
Hanesbrands Shuts Stores, Furloughs Employees Due to Coronavirus
by Zacks Equity Research
Hanesbrands (HBI) shuts nearly 1,200 brand stores across the United States, Europe and Australia. The company temporarily furloughs retail store employees.
Bear Of The Day: Nordstrom (JWN)
by Daniel Laboe
This pandemic is pushing retailers to the edge of their balance sheets and marks an inflection point in the retail apocalypse
Carter's (CRI) Extends Store Closure on Coronavirus Concerns
by Zacks Equity Research
Carter's (CRI) furloughs store employees in North America from Apr 3 as a result of extended store closures due to the coronavirus outbreak.
Capri Holdings Announces More Plans to Fight Coronavirus Scare
by Zacks Equity Research
Capri Holdings (CPRI) decides to cut down on expenses to stay financially strong during the COVID-19 crisis. Also, it intends to restructure the organization by minimizing workforce.
Ross Stores Furloughs Staff to Prevent Spread of Coronavirus
by Zacks Equity Research
Ross Stores (ROST) joins other retailers in furloughing employees from Apr 5 as a result of extended store closures stemming from the coronavirus outbreak.
Macy's (M) in Focus: Stock Moves 8.1% Higher
by Zacks Equity Research
Macy's (M) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.
Bed Bath & Beyond (BBBY) Takes Action on Coronavirus Concerns
by Zacks Equity Research
Bed Bath & Beyond (BBBY) is keen on safeguarding its finances through drawings on credit facilities and employee furloughs, among others, as coronavirus continues to wreak havoc.
Under Armour Issues Updates on Coronavirus & Restructuring
by Zacks Equity Research
Under Armour (UAA) decides to lay off teammates and temporarily cut salary to combat challenges stemming from the pandemic. Also, its restructuring plan is approved.
Zumiez Curbs Costs & Extends Store Closure Amid Coronavirus
by Zacks Equity Research
Zumiez (ZUMZ) issues additional updates to strengthen financial position by cutting down on expenses. Also, it suspends share repurchases for now.
American Eagle Defers Dividend & More on Coronavirus Crisis
by Zacks Equity Research
American Eagle (AEO) is keen on safeguarding its finances through drawings on credit facilities and employee furloughs, among others, as coronavirus continues to wreak havoc.
Macy's (M) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Macy's (M) closed the most recent trading day at $4.44, moving +0.23% from the previous trading session.
Are Retailers Crunching the Right Sums to Fight Coronavirus?
by Zacks Equity Research
Companies are drawing on revolving credit facilities to enhance cash positions amid coronavirus induced store closures.
Implied Volatility Surging for Macy's (M) Stock Options
by Zacks Equity Research
Investors need to pay close attention to Macy's (M) stock based on the movements in the options market lately.
Buckle to Furlough Employees in its Fight Against Coronavirus
by Zacks Equity Research
Buckle (BKE) plans to furlough employees from Apr 5 and extend store closures for an indefinite time span as part of the coronavirus battle.
G-III Apparel Issues Updates on Plans to Fight Coronavirus
by Zacks Equity Research
G-III Apparel (GIII) cuts its retail business employees by above 80% while furloughs around 60% wholesale associates effective Apr 6. Also, it decides to cut down salary temporarily.
Urban Outfitters Gives More Updates on Tackling Coronavirus Woes
by Zacks Equity Research
Urban Outfitters (URBN) borrows $220 million and reduces capital budget by more than $100 million. Also, it decides to suspend buybacks for the time being.
Gap (GPS) Furloughs Employees to Combat Coronavirus Impacts
by Zacks Equity Research
Gap (GPS) is furloughing employees in North America and freezing their salary on store closures due to the coronavirus outbreak.