“Buzz on the Street” Show: Stock Market Retail Report (NYSE: KSS TGT LB) (NASDAQ: URBN)

In this video

Kohl’s Corporation (NYSE: KSS) shares tanked by more than 16% on Tuesday after the Company reduced its outlook and missed analyst expectations with earnings of 0.74 cents on revenues of $4.36 billion

Then, Urban Outfitters, Inc. (NASDAQ: URBN) slumped more than 14% on Wednesday after it reported earnings of 56 cents per share and revenues of $987.5 million, missing analyst estimates for both figures while its same-store sales grew 3%

Conversely, Target Corporation (NYSE: TGT) surged Wednesday morning after the retailer reported an EPS of $1.36 cents and revenues of 18.67 billion dollars to beat analyst estimates, sending the stock up more than 11%

And after the market close on Wednesday, LBrands, Inc. (NYSE: LB) matched earnings estimates but fell short of revenue expectations with reported earnings of 2cents per share and revenues of $2.68 Billion, yet still managed to see its shares rally by more than 14%

The NASDAQ Stock Exchange is the second-largest stock exchange in the world by market capitalization, behind only the New York Stock Exchange located in the big apple.

The New York Stock Exchange (NYSE) is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world’s largest stock exchange by market capitalization of its listed companies.

For more Buzz On The Street please visit: https://bit.ly/2Rlh4zH

About Buzz on the Street: One of FinancialBuzz.com’s latest corporate and financial news shows, covering the latest trending stock market news. Buzz on the Street looks to become a leader in corporate video news dissemination. Buzz on the Street is 100% original content, brought to you by Financial Buzz Media. Located on Wall Street in the heart of New York City’s financial district, FinancialBuzz.com is a credible source for the world’s latest trending financial and economic news. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content.

© 2011 Financial Buzz. All rights reserved. No portion of this video or FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.

Music Credit: KV MUSIC PROD
Music By: KV MUSIC PROD @ KV www.soundcloud.com/kvmusicprod/
Official “LAKEY INSPIRED” YouTube Channel HERE – https://www.youtube.com/channel/UCOmy…
License for commercial use: Creative Commons — Attribution 4.0 International — CC BY 4.0
Full License HERE – www.creativecommons.org/licenses/by/4.0/

(Visited 15 times, 1 visits today)

You might be interested in

Playlists Have This Video

Leave a Reply

avatar