tl;dr
The National Retail Federation has reported that the Black Friday-Cyber Monday shopping weekend saw record-setting numbers, with more than 200.4M consumers shopping, surpassing expectations. The early Thanksgiving timing, good weather, and strong consumer confidence all contributed to a successful w...
The National Retail Federation has reported that the Black Friday-Cyber Monday shopping weekend saw record-setting numbers, with more than 200.4M consumers shopping, surpassing expectations. The early Thanksgiving timing, good weather, and strong consumer confidence all contributed to a successful weekend. Both in-store and online channels were utilized, with 121.4M physical retail visits and 134.2M online shoppers. The top gifts purchased were clothing and accessories, toys, gift cards, books, video games, and personal care items, with about half of consumers still having shopping left to do. The NRF forecasts holiday spending to grow between 3% and 4% to total $957.3B to $966.6B.
In addition, Amazon experienced its biggest ever Black Friday and Cyber Monday event, with more than one billion items purchased on the company's site over an 11-day period. Amazon also announced upcoming daily deals through December 24, including discounts on popular items like Keurig Coffee Brewers, Hasbro Toys, DEWALT Tools, and Sony Headphones. Shopify merchants reached a record $9.3B in sales over the weekend, marking a 24% increase from last year. Strong sales were also seen from retailers like Wayfair, Etsy, Mattel, Walmart, On Holdings, and Ulta Beauty, as well as notable promotions from Deckers Outdoor and Allbirds. Department store traffic for Macy's, Nordstrom, and Kohl's was reportedly lighter than mall chains like American Eagle Outfitters, Abercrombie & Fitch, and Urban Outfitters.
More about Amazon.com Inc
Amazon.com Inc is a leading multinational technology company in the e-commerce, cloud computing, digital streaming, and artificial intelligence sectors. With a market capitalization of $1.52 trillion, the stock is currently trading at $3,287.41 with a 1.91% increase. The stock has a 52-week range of $1,626.03 to $3,552.25, indicating strong volatility. The Relative Strength Index (RSI) stands at 53.95, suggesting a neutral sentiment. The stock has shown a bullish trend with a 2.357% increase in the last quarter, outperforming the market. However, it is important to note that past performance is not indicative of future results, and there are potential risks associated with market uncertainty and competition in the technology industry.
More about Keurig Dr Pepper Inc
Keurig Dr Pepper Inc is a beverage company with a market cap of $45.52 billion, and a stock price of $23.76 per share with a dividend yield of 1.37%. The company's price-to-earnings ratio is 10.5, and it has a beta of 0.132. With a total revenue of $14.75 billion, the stock is currently trading at $35.65, with an earnings per share of 1.911 and a price-to-sales ratio of 0.051. The stock has shown a bullish trend in recent months, with strong support levels at $30.00 and resistance at $40.00. However, there are potential risks associated with the stock, given the volatility in the beverage industry and the broader market. Past performance is not always indicative of future results, and investors should carefully consider these factors before making any investment decisions.
More about Hasbro Inc
Hasbro Inc, a multinational conglomerate in the games, toys, and children's vehicles industry, reported a revenue of $6.4 billion with a net income margin of 2.8%. The stock performance showed a decrease of 4.02% and closed at $38.92. Market sentiment is negative, with a Relative Strength Index (RSI) of -0.103, indicating an oversold condition. The company's market capitalization stands at $5.39 billion, with a price-to-earnings (P/E) ratio of 60.5 and a Bollinger Bands indicator showing a bearish trend at -0.492. The stock is currently trading near its support level, but there are significant risks and uncertainties in the market that may impact its future performance.
More about Sony Group Corp
Sony Group Corporation is a global leader in electronic equipment, instruments, and devices for consumer, professional, and industrial markets. With a market capitalization of $124.77 billion and a P/E ratio of 19.78, the company has a strong position in the household audio & video equipment manufacturing industry. Despite a recent drop in stock price, currently at $118.03, the company has shown a bullish trend with a 4.38% increase in the last quarter. However, market sentiment remains cautious with a negative RSI of -0.286, indicating potential downside risk. It is important to consider potential support and resistance levels, as well as the possibility of a head and shoulders pattern, as the market continues to react to new information and events. As always, past performance is not always indicative of future results, and investors should carefully assess the risks before making any decisions.
More about Shopify Inc
Shopify Inc. is a commerce company with a market capitalization of 90.35 billion. The stock has shown a small decrease of 0.9% over the past week, but has a strong 5.2% increase over the past month. The Relative Strength Index (RSI) is at 67.79, indicating that the stock is currently overbought. The stock's performance has been bullish, with a price increase of 4.858 over the past month. However, the Bollinger Bands show a slight downward trend, indicating potential volatility in the near future. Market sentiment is generally positive, but potential risks include the stock being overbought and potential volatility indicated by the Bollinger Bands.
More about Wayfair Inc
Wayfair Inc. is a leading e-commerce company in the United States and internationally, specializing in retail-catalog and mail-order houses. With a market capitalization of approximately $11.99 billion, the company's stock has experienced a recent decline of 8.25% to $107.78, reflecting a bearish trend. The Relative Strength Index (RSI) of 65.31 suggests a slight oversold condition, while the negative Bollinger Bands indicator of -0.551 indicates potential downward pressure. The stock's performance indicates potential support and resistance levels to monitor for potential breakouts. However, it's important to note the inherent risks and uncertainties associated with market sentiment, as past performance may not necessarily indicate future outcomes.
More about Etsy Inc
Etsy Inc (Etsy) is a company in the SERVICES-BUSINESS SERVICES, NEC sector, with a market capitalization of $27.13 billion. The stock price is currently at $29.08, with a 52-week range of $21.87 to $73.41. The stock has shown a 0% change in the last trading session and a 2.47% increase over the past year. Despite the recent increase, the Relative Strength Index (RSI) indicates that the stock may be overbought. The market sentiment towards Etsy appears to be bullish, with a positive outlook on the company's performance. It is important to note, however, that past performance is not always indicative of future results, and there may be potential risks or uncertainties associated with investing in Etsy.
More about Mattel Inc
Based on the financial data for Mattel Inc, the company's stock performance has shown a slight increase in price, with a 0.23% change. The company's market sentiment appears to be moderately positive, as indicated by the Relative Strength Index (RSI) of 14.72. However, the stock is currently trading below its 50-day moving average, suggesting a potential bearish trend. The company's support and resistance levels should be closely monitored, as there may be a breakout in either direction. Additionally, the potential risks associated with this analysis should be considered, as past market behavior is not always indicative of future performance.
More about Walmart Inc
Walmart Inc. is a retail corporation with a market capitalization of $421.96 billion. The stock is currently trading at $237.11, with a 52-week range of $164.05 to $237.11. The stock has seen a 6% increase in the last year, outperforming the sector average of 2.27%. Market sentiment for Walmart Inc. is slightly bullish, with a Relative Strength Index (RSI) of 52, indicating a neutral stance. The stock is currently trading above its 50-day and 200-day moving averages, suggesting a potential bullish trend. However, it is important to note that past performance is not always indicative of future results, and there are inherent risks associated with investing in the stock market.
More about On Holding Ltd
On Holding Ltd, On Holding AG, a company in the manufacturing industry specializing in rubber and plastics footwear, has a market capitalization of 8,974,447,000, with a stock price of 104.48. The stock has shown a 0.27% increase in the latest trading session, and a 5.38% increase over the last month. The Relative Strength Index (RSI) stands at 46.7, indicating a neutral sentiment. The company has reported a revenue of 1,711,700,000, with an earnings per share (EPS) of 35.58 and a price-to-earnings (P/E) ratio of 1.809. While the stock performance has been positive in the short term, the RSI suggests a neutral sentiment, and caution is advised due to potential risks and uncertainties associated with future market behavior.
More about Ulta Beauty Inc
Ulta Beauty Inc, a leading American chain of beauty stores, has shown impressive financial metrics with a market capitalization of $20.42 billion and a stock price of $512.77. The company's stock performance has been strong, with a 52-week low of $212.97 and a 52-week high of $512.77. This indicates a robust bullish trend in the market sentiment towards Ulta Beauty Inc. However, it is important to note that past performance is not always indicative of future results, and there are potential risks associated with investing in the stock market. Therefore, investors should conduct thorough analysis and consider the uncertainties before making any investment decisions.
More about Deckers Outdoor Corporation
Deckers Outdoor Corporation is a manufacturing company that designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle and high performance activities. With a market capitalization of $16.9 billion, the stock is currently trading at $28.41 with a 52-week low of $23.11 and a high of $148.87. The stock has a price-to-earnings (P/E) ratio of 0.157 and a market volume of 3.9 billion. The company's stock performance has been relatively stable, with a beta of 0.795, indicating lower volatility compared to the overall market. However, the stock is currently trading at a relatively low price compared to its 52-week high, suggesting potential undervaluation. The market sentiment towards Deckers Outdoor Corporation appears to be cautious, with potential downside risks given the uncertainty in the market. It's important to consider the potential risks associated with investing in this stock, as past performance may not necessarily indicate future success.
More about Allbirds Inc
Based on the financial data for Allbirds Inc, the company has a market capitalization of $134.7 million and a trading volume of 266.25 million shares. The stock performance shows a decrease of 0.79% in the current period and an increase of 1.767% in the longer term. The market sentiment is slightly bearish, with a negative trend of -0.453. It is important to note that past performance is not always indicative of future results, and there may be potential risks or uncertainties associated with these metrics.
More about Nordstrom Inc
Nordstrom Inc is a fashion retailer offering clothing, shoes, beauty, and household items for a wide range of demographics. The company operates in the retail-family clothing stores sector and has a market cap of approximately $14.59 billion. Currently, the stock is trading at $20.49 with a 0.76% increase. The Relative Strength Index (RSI) is at 90.55, indicating that the stock may be overbought. The company's performance has shown a 0.74% increase, and it is important to note that past market behavior is not always indicative of future performance. Given the current market sentiment, it is crucial to consider potential risks and uncertainties associated with investing in Nordstrom Inc.
More about Kohls Corp
Kohls Corp, Kohl's Corporation, a retail company in the United States, has shown a decrease in stock performance with a -1.01 decrease and a closing price of 160.17. The market sentiment appears bearish with a negative relative strength index (RSI) of -0.354 and a negative Bollinger Bands indicator of -0.052. The company's market capitalization is 17.539 billion, and the stock is in the retail-department stores sector. It is essential to note that past market behavior is not always a reliable indicator of future performance, and potential risks or uncertainties should be considered when analyzing these financial metrics.
More about American Eagle Outfitters Inc
American Eagle Outfitters Inc, a specialty retailer in the family clothing stores sector, reported a revenue of $3,288,109,000 with a stock price of $16.01 and a market cap of $5,078,947,000. The stock performance has shown a 1.04% increase, with a Relative Strength Index (RSI) of 26.13, indicating a potential oversold condition. The market sentiment appears to be slightly bullish with a positive price change of 0.3 and a positive momentum of 0.043. However, it is important to consider potential risks and uncertainties associated with the current market conditions, as past performance is not always indicative of future results.
More about Abercrombie & Fitch Company
Based on the financial data for Abercrombie & Fitch Company, the stock is currently trading at $34.42 with a market capitalization of $3,691,679,000. The stock has seen a 2.13% increase, with a Relative Strength Index (RSI) of 80.7, indicating it may be overbought. The company's stock performance has been bullish, with a current price of $75.83, although there is a potential resistance level at this price. Market sentiment appears to be positive, but there is a slight decrease in the stock's momentum, with a Bollinger Bands indicator of -0.332. It is important to consider potential risks associated with the overbought RSI and resistance level, as past market behavior is not always a reliable indicator of future performance.
More about Urban Outfitters Inc
Urban Outfitters Inc. is a retail and wholesale company in the family clothing stores industry, with a market cap of $3.07 billion. The stock is currently trading at $11.46 with a 52-week low of $2.89 and a 52-week high of $54.59. The Relative Strength Index (RSI) is at 0.0537, indicating a potential oversold condition. The company's market sentiment is currently bullish, with a market cap of $5.05 billion and a stock price of $37.25. However, it's important to note that past market behavior is not always a reliable indicator of future performance, and there are potential risks and uncertainties associated with this analysis.
Disclaimer:
This is not financial advice. Please do your own research before investing in any asset.