People are spending lots of money on makeup, and retailers are cashing in

Target has added new brands to its beauty department. At a growing number of stores, it also has mini Ulta Beauty shops with prestige brands. Melissa Repko | CNBC As prices creep up, some people have decided against getting a new outfit, delayed big purchases like TVs or canceled Netflix accounts. But for now, they’re … Read more

Cowen downgrades Kohl’s because inflation is hitting the middle income consumer

Growing inflationary pressures on Kohl’s and its core consumer could spell trouble for the retailer in the near future, Cowen said. Analyst Oliver Chen downgraded shares of Kohl’s to market perform from outperform, noting that ongoing pressures on the middle income consumer could prevent the company from attaining its 7% to 8% EBIT margin target. … Read more

3 reasons why executives are leaving retailers from GameStop to Gap

Shoppers explore a mostly empty mall in Columbus, Ohio. Matthew Hatcher | Getty Images Don’t expect the stream of departures from retailers’ C-suites to stop anytime soon. Already this year, Gap and Bed Bath & Beyond abruptly replaced their CEOs as the companies’ sales plunged. GameStop fired its chief financial officer in the middle of … Read more

Analysts name top stocks, like Boeing and Ulta, heading into earnings

It’s widely expected to be a dour earning season, but that’s not stopping Wall Street analysts from naming some of their favorite buying opportunities ahead of results. Analysts said there’s a slew of stocks this week that still have tremendous upside going into the latest quarter’s results. CNBC Pro combined through recent research to find … Read more

These stocks have earnings momentum going into earnings season

As investors ready themselves for what’s expected to be a rough earnings season, CNBC Pro found stocks that are actually seeing their estimates raised by analysts going into results. Many investors are expecting second-quarter earnings reports to fall broadly short of expectations, as rising inflation and a hawkish Federal Reserve continue to weigh on corporate … Read more

Invest around the soaring U.S. dollar — finding winners and losers

Stocks of businesses that are focused on the US just might avoid the second-half earnings damage that’s about to be wreaked on their more multinational counterparts by the strongest dollar in 20 years. To some extent, it has already happened. Since the start of the year, US stocks with the highest domestic sales exposure have … Read more

Tesla, Goldman Sachs, Amazon, McDonald’s

Here are Wednesday’s biggest calls on Wall Street: Barclays initiates Penn as overweight Barclays initiated several casino and gaming companies, saying they are attractively valued. “We’re positive on diversified land-based gaming (CZR, PENN, BYD), and select companies across Lodging and Leisure, based on demand exposures and / or valuation.” Read more about this call here. … Read more

Consumers grow stressed as retailers gear up for back-to-school shopping

Every other week, beginning in May, Morning Consult polls consumers about back-to-school spending plans. The results of its latest survey were startling. There was a 10-point pop from the prior poll in the number of parents who say they can’t afford backpacks, notebooks, new jeans and sneakers, and other supplies. “The drop in the number … Read more

These stocks post solid returns during sluggish economic times like we’re going through now

Ever-growing fears of an economic recession have left investors scrambling to figure out how to protect their portfolios. In the first quarter, US GDP contracted by more than 1% as the country dealt with the spread of the omicron Covid-19 variant. The economy is also seen as struggling in the second quarter, with the Atlanta … Read more

Ulta Beauty, Big Lots, Autodesk, Workday and more

Ulta Beauty store. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Friday. Ulta Beauty – The beauty retailer surged 10% following better-than-expected quarterly earnings and revenue. Ulta Beauty also shared a better-than-expected outlook for the full year. American Eagle – The stock dropped 4.2% after the retailer posted weaker-than-expected quarterly … Read more