Tag: consumer discretionary

  • Target shares sink 25% in pre-market trading on lower earnings

    Target shares sink 25% in pre-market trading on lower earnings

    Sales at the Minneapolis-based retailer increased in the most recent quarter as shoppers spent more on food and groceries and even luggage as they prepared to travel again, but supply-chain costs and inflationary pressures cut into profits. Like Walmart Inc., its larger rival, Target reported quarterly earnings that missed Wall Street’s forecasts. Target shares fell nearly 25% to…

  • Genuine Parts Company Completes Acquisition of Kaman Distribution Group

    Genuine Parts Company Completes Acquisition of Kaman Distribution Group

    Genuine Parts Company (NYSE: GPC) (“GPC”), a leading distributor of automotive and industrial replacement parts, announced today that its wholly-owned subsidiary, Motion Industries, Inc. (“Motion”) has completed the purchase of Kaman Distribution Group (“KDG”) for a purchase price of approximately $1.3 billion in cash, effective January 3, 2022. KDG is a leading power transmission, automation and…

  • 2021 Yields in Review

    2021 Yields in Review

    2021 comes to an end. Procter & Gamble issues recall, Exxon CFO takes on debt, Self Storage is booming, I review some of my best performers of the year, and much much more!

  • Target posts sales gains and boasts plenty of inventory for holidays

    Target posts sales gains and boasts plenty of inventory for holidays

    Comparable sales, those from stores or digital channels operating at least 12 months, rose 12.7% for the quarter ended Oct. 30. E-commerce sales rose 29% in the quarter. “We’ve seen strength throughout the year,” said Target Chief Executive Brian Cornell on a call with reporters. Sales rose strongly in each of the five main categories…

  • Positive VIB3S

    Positive VIB3S

    I get a 4 out of 5 in podcast quality, I rebalance a portfolio for sector exposure, receive a shareholder letter that I’ve never received before, and more!

  • One step forward two steps back

    One step forward two steps back

    Chasing the Yield – August 23, 2021 Episode 18 Value 4 Value podcastingListen to this podcast on PodFriend News https://www.chasingtheyield.com/2021/08/18/target-sales-up-8-9-year-over-year/ https://www.chasingtheyield.com/2021/08/18/main-street-capital-announces-38-5-million-in-investments/ https://www.chasingtheyield.com/2021/08/19/jjs-ceo-announces-hes-stepping-down/ Portfolio Update LowYield MediumYield HighYield Week -2.02% -2.37% -3.52% Month +0.93% -0.82% -5.30% 2021 +15.52% +12.67% -11.50% Inception +36.50% +8.00% -11.70% Dividends Received this Week Amount (OKE) $109.40 (ARTNA) $60.29 (KMI) $305.91 Dividends…