Motley Fool Money Buy, Sell, or Hold?
Aug 20, 2021
Will Amazon's venture into department stores resonate with shoppers? A deep dive into the latest earnings of major retailers reveals shifting consumer behaviors. The rising trend of Japanese sake in the beverage market sparks discussions on diversification. As weddings rebound, investment opportunities emerge in this sector. Plus, a look at Roblox's growth and Elastic's innovative subscription model keeps the investment conversation lively and insightful.
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Target's Success and Stock Dip
- Target’s Q2 profits and revenue beat expectations, same-store sales up nearly 9%.
- Despite this, shares dipped 3% possibly due to valuation and uncertainty.
Walmart's Record Revenue
- Walmart’s Q2 revenue topped $140B, its highest outside the holiday season.
- They gained grocery market share and saw strong e-commerce growth.
Home Improvement Retail Q2
- Home Depot and Lowe's exceeded profit expectations in Q2, but Lowe's raised guidance and saw its stock rise 6%.
- Home Depot’s stock dipped slightly despite strong pro-customer sales.