Tag: Foot Locker

S&P 500 Notches Longest Run of Weekly Gains Since 2017
World

S&P 500 Notches Longest Run of Weekly Gains Since 2017

The S&P 500 closed out its eighth consecutive week of gains Friday, logging its longest winning streak in six years. The benchmark index rose 0.2%, up almost 0.8% for the week. The tech-heavy Nasdaq Composite also added 0.2% Friday. The blue-chip Dow Jones Industrial Average edged down almost 0.1%, or about 18 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
S&P 500 Notches Longest Run of Weekly Gains Since 2017
Money

S&P 500 Notches Longest Run of Weekly Gains Since 2017

The S&P 500 closed out its eighth consecutive week of gains Friday, logging its longest winning streak in six years. The benchmark index rose 0.2%, up almost 0.8% for the week. The tech-heavy Nasdaq Composite also added 0.2% Friday. The blue-chip Dow Jones Industrial Average edged down almost 0.1%, or about 18 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
S&P 500 Notches Longest Run of Weekly Gains Since 2017
World

S&P 500 Notches Longest Run of Weekly Gains Since 2017

The S&P 500 closed out its eighth consecutive week of gains Friday, logging its longest winning streak in six years. The benchmark index rose 0.2%, up almost 0.8% for the week. The tech-heavy Nasdaq Composite also added 0.2% Friday. The blue-chip Dow Jones Industrial Average edged down almost 0.1%, or about 18 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Stocks Investors Are Putting Under the Tree
Money

The Stocks Investors Are Putting Under the Tree

Retailers are making modest predictions about the holiday shopping season—and their stocks are going gangbusters in response.Victoria’s Secret, Foot Locker, Ulta Beauty and Dollar Tree are among the companies that offered somewhat mixed assessments of the state of the shopper last week. Yet each received an ovation from investors.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Stocks Investors Are Putting Under the Tree
World

The Stocks Investors Are Putting Under the Tree

Retailers are making modest predictions about the holiday shopping season—and their stocks are going gangbusters in response.Victoria’s Secret, Foot Locker, Ulta Beauty and Dollar Tree are among the companies that offered somewhat mixed assessments of the state of the shopper last week. Yet each received an ovation from investors.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
All Stores Want for Christmas Is the Right Amount of Stuff
Money

All Stores Want for Christmas Is the Right Amount of Stuff

Retailers’ holiday inventory planning has been fraught with unpleasant supply-chain surprises for two straight years. This year’s gift: Things are back to normal. In 2021, shipping delays meant retailers didn’t have enough stuff on their shelves to meet demand. And last year, scarred by those experiences, shops made the mistake of over-ordering merchandise—sending their shelves overflowing and forcing them to sell goods at margin-eroding discounts. A basket of retailers in the S&P 500 saw operating margins fall to 4.4% in the fourth quarter of 2022, down from 5.6% a year earlier.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8