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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're hitting an inflection point for all of retail, says JPMorgan's Matthew BossMatthew Boss, JPMorgan equity research analyst, joins 'Closing Bell' to discuss his bull case for Macy's and his overall retail playbook.
Persons: JPMorgan's Matthew Boss Matthew Boss, Macy's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetail sector seeing return to pre-pandemic shopping trends, says JPMorgan's Matthew BossMatthew Boss, JPMorgan, joins 'Squawk on the Street' to discuss how Boss is picking winners in the retail space this holiday season, if the retail bullishness extends into 2024, and how margins will be impacted by lower margins.
Persons: JPMorgan's Matthew Boss Matthew Boss Organizations: JPMorgan
Despite the seeming rush to shop, this Black Friday ushered in moderately higher promotions over last year and mixed in-store traffic, according to some Wall Street analysts. Black Friday winners Value-focused shopping destinations seemed to win big Friday, based on annual store checks from a slew of Wall Street shops. The Black Friday shopping extravaganza also ushered in some bullish sentiment toward Shopify . Black Friday losers Not every popular retailer seemed to kick off the holiday shopping period on a strong note. While Lululemon drove strong in-store traffic, helped in part by advertising use in Black Friday markdowns, Nike and Under Armour both showed higher promotions, said Piper Sandler's Abbie Zvejnieks.
Persons: Michael Lasser, Bradley Thomas, Thomas, Kohl's, Morgan Stanley, Alex Straton, Goldman Sachs, Kate McShane, JPMorgan's Matthew Boss, Piper Sandler's Korinne Wolfmeyer, Morgan Stanley's Keith Weiss, Bhavin Shah, shouldn't, Nordstrom, Straton, Lululemon, Armour, Piper Sandler's Abbie Zvejnieks, lululemon Organizations: Adobe Analytics, UBS, Walmart, KeyBanc Capital, Dick's Sporting Goods, Body, Deutsche, Eagle Outfitters, Nike Locations: U.S
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailValue and convenience will be the retail playbook of 2024, says JPMorgan's Matthew BossMatthew boss, JPMorgan analyst, joins 'Squawk on the Street' to discuss his retail playbook.
Persons: JPMorgan's Matthew Boss Matthew Organizations: JPMorgan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors want to be positioned where value and convenience is king, says JPMorgan's Matthew BossJPMorgan retail analyst Matthew Boss joins 'Squawk on the Street' to discuss his thoughts on stocks in the retail sector, the dichotomy between low and high-income consumers, and more.
Persons: JPMorgan's Matthew Boss JPMorgan, Matthew Boss Organizations: Investors
Analysts remain bullish on Nike's direct-to-consumer strategy and brand momentum, even after the sports apparel giant's disappointing earnings results. Her $145 price target implies 27% upside from Thursday's close. He cited Nike's better-than-expected revenue, improving inventories, as well as no change to the brand's momentum in its direct-to-consumer strategy. Boss lowered his price target to $142 from $146. Her $125 price target, lowered from $135, is just 10% above Tuesday's closing price.
Persons: Goldman Sachs, Kate McShane, McShane, JPMorgan's Matthew Boss, Nike's, Friend, Boss, Bank of America's Lorraine Hutchinson, Hutchinson, — CNBC's Michael Bloom Organizations: Nike, Refinitiv, Bank of Locations: Bank of America's, North America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYou've seen the low water mark for retail sales, says JPMorgan's Matthew BossJPMorgan retail analyst Matthew Boss joins 'Closing Bell' to discuss his first reaction to the latest retail sales data, why tailwinds will outweigh headwinds in the year's second half, and more.
Persons: JPMorgan's Matthew Boss JPMorgan, Matthew Boss
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHoliday sales actually met our expectations, says JPMorgan's Matthew BossJPMorgan's Matthew Boss joins 'Closing Bell: Overtime' to discuss the state of the retail sector and why he thinks it could outperform in 2023.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetail headwinds like freight are becoming small tailwinds, says JPMorgan's Matthew BossMatthew Boss, JPMorgan retail analyst, joins 'Closing Bell: Overtime' to discuss retail stocks and their performance during the holiday shopping weekend.
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