Sabrina Escobar is a Trending News Reporter with a focus on multinational coverage. She writes for publications such as Barron's, MarketWatch, and Yahoo Finance, and her work has also appeared in Yahoo Finance Singapore. Sabrina's articles cover a range of topics including retail trends, earnings reports, consumer behavior, and stock market analysis.
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Sabrina Escobar's coverage heavily revolves around investment analysis, data citations, and press releases in the retail and stock market sector. She focuses on articles related to sales & marketing, product promotions, earnings reports, consumer spending trends, and specific companies' performances.
If you want to reach out effectively to Sabrina Escobar with a pitch or expert commentary regarding retail-related topics such as financial performance of companies or consumer spending trends that may impact the stock market or individual stocks' performance compared to industry benchmarks like Nvidia. You should provide fact-based insights supported by relevant data for her audience interested in investment analysis within the retail sector.
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The fashion company posted adjusted earnings of 81 cents a share, topping analysts’ estimates for 68 cents a share
The fashion company posted adjusted earnings of 81 cents a share, topping analysts’ estimates for 68 cents a share
By: Sabrina Escobar
Home Depot, Walmart, and other big-box chains are likely to flag slowing sales growth in coming reports.
By: Sabrina Escobar
The April retail sales data, disclosed Wednesday, suggest that high inflation and interest rates are discouraging Americans from spending.
By: Sabrina Escobar
Walmart stock was jumping Thursday after the company beat first-quarter earnings and sales estimates. America’s largest retailer posted adjusted earnings of 60 cents a share, ahead of analysts’ estimates for 53 cents. Walmart now expects net sales and adjusted earnings per share at the high end, or slightly above, its past guidance, which called for sales to increase by 3% to 4% and for earnings per share to range between $2.23 to $2.37.
By: Sabrina Escobar
Walmart’s first-quarter earnings were “stronger than we anticipated,” said CEO Doug McMillon on a call with investors Thursday. Consumers’ persistent demand for value helped drive the results, he added, as well as ongoing gains in market share, particularly among higher-income shoppers. The company posted adjusted earnings of 60 cents a share for the quarter, ahead of analysts’ estimates for 53 cents.
By: Sabrina Escobar
Higher-income shoppers helped Walmart notch another blockbuster quarter. Former Walmart U.S. CEO Bill Simon suggests it could be. While attracting affluent shoppers amid high inflation and a volatile economy is easy, retaining them once economic conditions improve is harder, he cautioned.
By: Sabrina Escobar
The company plans to lower prices on about 5,000 frequently shopped items across its store in a bid to claw back some of the market share it has lost to competitors.
By: Sabrina Escobar
Analysts expect a 5.4% drop in revenue for Lowes’ first fiscal quarter, underscoring the impact of the housing market’s stagnation.
The company plans to lower prices on about 5,000 frequently shopped items across its store in a bid to claw back some of the market share it has lost to competitors.
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