JWN Oct 2024 21.000 put
| Previous close | 3.0000 |
| Open | N/A |
| Bid | 2.8200 |
| Ask | 3.1500 |
| Strike | 21.00 |
| Expiry date | 2024-10-18 |
| Day's range | 3.0000 - 3.0000 |
| Contract range | N/A |
| Volume | |
| Open interest | 10 |
- Yahoo Finance Video
Consumer confidence hits 21-month low. Are retailers prepared?
Consumer confidence has hit its lowest level since July 2022, as inflation remains high and spending slows down. Morningstar Equity Analyst David Swartz and Jefferies Senior Vice President of Equity Research Corey Tarlowe join Market Domination to break down what this news means for retailers. Tarlowe explains that consumers are willing to spend, but are increasingly cutting down in certain areas. This bodes well for value-conscious brands like Walmart (WMT) and Target (TGT), as consumers will likely choose generic grocery products over more expensive private-label brands. Swartz tells Yahoo Finance's Akiko Fujita and Josh Lipton that when it comes to apparel, the issues are often company-specific, rather than reflective of the economy. He points to Ralph Lauren (RL) as an example of a specialized brand that understands its consumers, which is ultimately reflected in its high stock price. On the other hand, department store Nordstrom (JWN) has been struggling since the pandemic and its inability to recover may lead to the company potentially being taken private. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Thomson Reuters StreetEvents
Q4 2023 Vince Holding Corp Earnings Call
Q4 2023 Vince Holding Corp Earnings Call
Insider MonkeyTop 11 Luxury Clothing Stocks to Invest in Now
In this article, we discuss the top 11 luxury clothing stocks to invest in now. To skip the detailed analysis of the luxury goods industry, go directly to the Top 5 Luxury Clothing Stocks to Invest in Now. Brand Affinity Guides Spending Behavior In an interview with CNBC on March 7, the CEO of luxury […]
