Consumer Discretionary

Ford Motor expects new U.S. car prices to fall 5 percent this year

/ / Consumer Discretionary /

Ford Motor Co. expects new U.S. car prices to fall about 5 percent this year as automakers ramp up discounts, giving consumers a temporary relief from last year’s price shock. Parts shortages have drained dealerships’ vast inventories over the past three years and pushed the average selling price of a new car to a record $49,507 last December, according to Kelley Blue Book. But Ford believes that will ease this year.

Ford Motor expects new U.S. car prices to fall 5 percent this year Read Post »

Starbucks (NASDAQ:SBUX) same-store sales up 5% in Q1 2023, analysts expect a 6.79% increase

/ / Consumer Discretionary /

Starbucks (NASDAQ:SBUX) same-store sales grew 5% in the first quarter of 2023, compared with analyst expectations of 6.79%; Net income for the first quarter of 2023 was $8.7 billion, compared to analysts’ expectations of $8.75 billion; North American same-store sales in the first quarter of 2023 increased by 10%, compared with analysts’ expectations of 9.54%; International same-store sales fell 13% in the first quarter of 2023, compared with analysts’ expectations of a 3.87% decline.

Starbucks (NASDAQ:SBUX) same-store sales up 5% in Q1 2023, analysts expect a 6.79% increase Read Post »

Amazon (NASDAQ:AMZN) net sales for Q4 2022 were $149.2 billion, versus analysts’ expectations of $145.8 billion

/ / Consumer Discretionary /

Amazon’s (NASDAQ:AMZN) net sales in the fourth quarter of 2022 were $149.2 billion, compared with analysts’ expectations of $145.8 billion; AWS net sales in the fourth quarter were $21.38 billion, compared with analysts’ expectations of $21.76 billion; net sales in the first quarter were expected to be $121-126 billion, compared with analysts’ expectations of $125.55 billion; fourth-quarter earnings per share were $0.030, compared with analysts’ expectations of $0.169; fourth-quarter operating profit was $2.7 billion, compared with analysts’ expectations of $2.51 billion.

Amazon (NASDAQ:AMZN) net sales for Q4 2022 were $149.2 billion, versus analysts’ expectations of $145.8 billion Read Post »

Estée Lauder (NYSE:EL) net sales for Q2 2023 were $4.620 billion, down 17% year-over-year

/ / Consumer Discretionary /

Estée Lauder (NYSE:EL) reported Q2 2023  financial results, with Q2 net sales of $4.620 billion, down 17% year-over-year; Net income attributable to the company was $394 million, down 64% year-over-year. The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers and sellers of quality skin care, makeup, fragrance and hair care products. The Company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD BEAUTY, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, and the DECIEM family of brands, including The Ordinary and NIOD.

Estée Lauder (NYSE:EL) net sales for Q2 2023 were $4.620 billion, down 17% year-over-year Read Post »

Costco Wholesale (NASDAQ:COST) January sales of $16.84 billion, up 6.9% year-over-year

/ / Consumer Discretionary /

US warehouse chain Costco Wholesale (NASDAQ:COST) announced on February 1 local time that sales in January increased by 6.9% year-on-year to $16.84 billion, but e-commerce sales fell by 15.4%. In the 22 weeks ending Jan. 29, Costco sales rose 7.5 percent to $99 billion, with same-store sales up 6 percent.

Costco Wholesale (NASDAQ:COST) January sales of $16.84 billion, up 6.9% year-over-year Read Post »

Musk: Tesla pickup truck Cybertruck mass production in 2024, later than previously expected

/ / Consumer Discretionary /

On Tesla’s (NASDAQ:TSLA) fourth-quarter earnings call, Musk and Tesla were asked if the Cybertruck was still scheduled to go into production in early 2023, and Musk replied, “We do want to start production sometime this summer, but I always downplay the start of production because it’s always very slow.” Musk noted that mass production of the Cybertruck will begin in 2024, later than previously expected by the end of 2023.

Musk: Tesla pickup truck Cybertruck mass production in 2024, later than previously expected Read Post »

Tesla, Inc.(Nasdaq:TSLA) net income of $36.87 B, YoY+103.46% in Q4 2022

/ / Consumer Discretionary /

Tesla, Inc.(Nasdaq:TSLA) Stock price trend forecast and trading range: Recent the strong rebound of stock prices, the short-term rebound target price has been reached, it is recommended to avoid or preset stop loss price for mid-term and long-term trading, and the probability of a sharp pullback in the near future is high. Updated to: 2023.1.30 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart —————————————————————- Short-term trend: rebound Sell high and buy low of range : $160 – $180 Operation difficulty: high Support: $160 resistance: $180 Stop Loss Price: $160 price target: $180 Buy the position again: stop fall and rise to $160 Medium-term trend: rebound High sell low buy range: $160 – $180 Operation difficulty: high Support: $160 resistance: $180  Stop Loss price: $160  price target: $180 Buy the position again: stop fall and rise

Tesla, Inc.(Nasdaq:TSLA) net income of $36.87 B, YoY+103.46% in Q4 2022 Read Post »

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