
Sarina Trangle
Corporate News Reporter at Investopedia
I cover consumer trends and how they shape corporate earnings at Investopedia News. [email protected]
Articles
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2 weeks ago |
investopedia.com | Sarina Trangle
Key TakeawaysInfluencers have built followings cooking with Costco ingredients, unboxing toys, sniffing candles and cleaning on camera. This story is about a man thousands look to for information about liquidation sales. Meet Shannon Jean, a 59-year-old California resident who has made a career of trawling auctions and liquidation sales for merchandise and then reselling his finds, bringing in millions in sales and profit along the way.
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3 weeks ago |
investopedia.com | Sarina Trangle
Key TakeawaysFive Below's performance is no longer fueled by fads like Squishmellow or fidget spinners. Its broadening appeal has made UBS one of the retailer's biggest Wall Street backers. UBS increased its target price for Five Below ( FIVE) shares by $50, to $160, after the company handed in better-than-expected first-quarter results Wednesday afternoon.
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3 weeks ago |
investopedia.com | Sarina Trangle
Key TakeawaysDollar stores are gaining ground with high-income households, companies have said this week. Dollar Tree ( DLTR) saw 2.6 million new customers in the latest quarter, and people making at least six figures annually fueled much of that growth, executives said on an earnings conference call Wednesday. Dollar General ( DG) on Tuesday said it's seeing more middle- and high-income customers.
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3 weeks ago |
investopedia.com | Sarina Trangle
Key TakeawaysThere's a lot for investors to tune into at Netflix, Jefferies said. Jefferies reiterated its "buy" rating of Netflix ( NFLX) stock Tuesday, saying a solid release lineup, additional price increases and ad revenue are likely to bolster shares. Analysts raised their price target to $1,400, about 15% above its current level. Jefferies' target is well above the average analyst price target of $1,192 compiled by Visible Alpha that implies a roughly 2% loss.
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3 weeks ago |
investopedia.com | Sarina Trangle
Key TakeawaysA new clientele of middle- and high-income households is shopping at Dollar General. The discount retailer hasn't served such a high percentage of these higher-income customers in years, executives said on a quarterly earnings conference call Tuesday. The statements, from CEO Todd Vasos, echo statements made in recent months by other value-oriented retailers that have seen wealthier customers check out their offerings.
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It's that time of year where candle aisles get lit. Bath & Body Works, in particular, gets busy with an annual candle sale that coaxes people out of bed before sunrise, attracts shoppers from abroad and entices people to add to 90-candle collections: https://t.co/fwvNIlzrKb

https://t.co/mjnwNehIMj

Huntington developer Gregory DeRosa sued by investor for alleged fraud https://t.co/nS6lsxueyu