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Zacks News
Stock Market News for Nov 29, 2023
by Zacks Equity Research
U.S. stock closed modestly higher on Tuesday as investors struggled to extend the November rally after comments from Federal Reserve officials further raised hopes that interest rates may not be hiked further.
Consumer Confidence Rebounds in November: 5 Top Picks
by Nalak Das
We have narrowed our search to five consumer-centric stocks with strong upside potential for 2024. These are: HLT, IHG, RCL, NKE, LYV.
Nike (NKE) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Nike (NKE) closed at $107.96 in the latest trading session, marking a +0.3% move from the prior day.
Bull of the Day: Rocky Brands (RCKY)
by Shaun Pruitt
Increased profitability, product improvement, and reduced inventory levels land Rocky Brands (RCKY) stock a Zacks Rank #1 (Strong Buy) and the Bull of the Day.
Nike (NKE) Gains But Lags Market: What You Should Know
by Zacks Equity Research
The latest trading day saw Nike (NKE) settling at $106.32, representing a +0.34% change from its previous close.
Lowe's (LOW) to Come Up With Q3 Earnings: A Glimpse at Comps
by Zacks Equity Research
Lowe's (LOW) third-quarter performance will likely show the impacts of a challenging operating backdrop, including inflationary pressures and foreign currency headwinds.
SKX or NKE: Which Is the Better Value Stock Right Now?
by Zacks Equity Research
SKX vs. NKE: Which Stock Is the Better Value Option?
Lowe's (LOW) to Report Q3 Earnings: What's in the Cards?
by Zacks Equity Research
Lowe's (LOW) third-quarter fiscal 2023 performance will likely reflect the impacts of a challenging operating backdrop, including lumber deflation and currency headwinds.
Urban Outfitters (URBN) to Report Q3 Earnings: What to Expect
by Zacks Equity Research
Urban Outfitters' (URBN) fiscal third-quarter 2024 sales are expected to have gained from technological advancements and brand strength.
Dividend Watch: 3 Companies Boosting Payouts
by Derek Lewis
Dividends soften the blow from drawdowns in other positions, provide more than one way to reap a return from an investment, and allow maximum returns through dividend reinvestment.
Factors Likely to Influence Post Holdings' (POST) Q4 Earnings
by Zacks Equity Research
Post Holdings' (POST) fourth-quarter fiscal 2023 earnings are likely to reflect gains from strategic pricing actions and prudent buyouts.
Nike (NKE) Is Considered a Good Investment by Brokers: Is That True?
by Zacks Equity Research
The average brokerage recommendation (ABR) for Nike (NKE) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Nike (NKE) Rewards Investors With a 9% Dividend Increase
by Zacks Equity Research
Amid rising cost concerns, Nike (NKE) rewards its shareholders with a dividend hike of 9%, payable on Jan 2, 2024.
Macy's (M) to Report Q3 Earnings: What's in the Cards?
by Zacks Equity Research
Macy's (M) third-quarter fiscal 2023 results are likely to show the impacts of a tough operating landscape, including inflationary pressures and soft consumer demand.
Pricing Initiatives to Aid Spectrum Brands (SPB) in Q4 Earnings
by Zacks Equity Research
Spectrum Brands' (SPB) Q4 results are expected to reflect gains from increased pricing, cost improvements and a favorable mix, offset by softness in the Home & Garden business.
Shoe Carnival (SCVL) Q3 Earnings Coming Up: What to Expect?
by Zacks Equity Research
Shoe Carnival's (SCVL) third-quarter fiscal 2023 results are likely to reflect the impacts of a tough operating landscape, including inflationary pressures.
Things to Consider Before The TJX Companies (TJX) Q3 Earnings
by Zacks Equity Research
The TJX Companies' (TJX) third-quarter performance will likely reflect gains from the solid Marmaxx division. Robust recovery in its HomeGoods division bodes well.
Why Nike (NKE) Dipped More Than Broader Market Today
by Zacks Equity Research
In the closing of the recent trading day, Nike (NKE) stood at $104.20, denoting a -1.8% change from the preceding trading day.
What's in Store for Sally Beauty (SBH) in Q4 Earnings?
by Zacks Equity Research
Sally Beauty's (SBH) fourth-quarter fiscal 2023 performance will likely reflect the adverse impact of channel mix shifts between stores and the expanded Regis business.
The Zacks Analyst Blog Highlights Microsoft, NIKE, BP, Hilton and W.W. Grainger
by Zacks Equity Research
Microsoft, NIKE, BP, Hilton and W.W. Grainger are included in this Analyst Blog.
Top Stock Reports for Microsoft, NIKE & BP
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Microsoft Corporation (MSFT), NIKE, Inc. (NKE) and BP p.l.c. (BP).
Delta Apparel's (DLA) Q4 Earnings Coming Up: What to Expect
by Zacks Equity Research
Delta Apparel's (DLA) fourth-quarter fiscal 2023 results are likely to reflect the impacts of a challenging operating backdrop and inflationary pressures.
Hanesbrands (HBI) Queued for Q3 Earnings: Things to Consider
by Zacks Equity Research
Hanesbrands' (HBI) third-quarter performance will likely reflect the impacts of the challenging apparel market in Australia and softness in the U.S. activewear category.
Nike (NKE) Stock Moves 0.18%: What You Should Know
by Zacks Equity Research
Nike (NKE) concluded the recent trading session at $107.25, signifying a +0.18% move from its prior day's close.
Wolverine (WWW) to Report Q3 Earnings: What's in the Offing?
by Zacks Equity Research
Wolverine's (WWW) third-quarter 2023 earnings results are likely to reflect higher costs and increased promotions. Also, a tough macro backdrop acts as a deterrent.