This pandemic has clashed with things in ways we could never have imagined, Jim Cramer told his viewers of Mad Money on Thursday. Some of those collisions are good, while others are not, Cramer said. Therefore, he continued to recommend a barbell portfolio that includes both COVID-19 winners and recovery …
Read More »Gap’s turning point for face masks put $ 130 million in its registers
Men with face masks walk past a Gap store in a shopping area as the country is hit by an outbreak of the new coronavirus, in Beijing, China February 7, 2020. Jason Lee | Reuters The tailor Gap Inc. turned its supply chain early on in the coronavirus pandemic to …
Read More »Pandemic PC boom drives HP sales $ 1 billion higher than expected; stock 5%
Continuing the stagnant revenue streak, HP Inc. shares initially jumped 5% in trading after hours Thursday after reporting fiscal third-quarter sales that surpassed Wall Street’s $ 1 billion estimates, due to a pandemic. affected boom in sales of personal computers. HP HPQ, + 2.01% reported net income of $ 734 …
Read More »Ulta Beauty, Dell Technologies, Workday and more
Fans gather at Ulta Beauty in Houston to greet Kylie Jenner at the launch of her cosmetics line on November 18, 2018 in Houston, Texas. Rick Kern | Getty Images Check out the companies that make headlines after the call: Ulta Beauty – Shares of Ulta Beauty soared 18% in …
Read More »Gap (GPS) reports Q2 2020 loss per share, sales fall 18%
Gap Inc. said Thursday that its total sales fell 18% in the last four years, as e-commerce revenue rose 95% from a year ago, but those gains were offset by a 48% drop in retail sales in the coronavirus pandemic . It swung to a net loss from a year …
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