![]() Those publications are educational in nature – WIR is not Other investment-related educational materials. and, through its subscription services, various investment newsletters, trade alerts, and This cash-cranking T-Rex of a company has hiked its dividend 10-FOLD… paying investors like you dividends of $428.57, $913.93, and $924.43! If these ever-increasing payouts sound good to you, click here for all the details.ĭisclaimer & Important Information: Wyatt Investment Research (“WIR”) owns and publishes the website We’ve uncovered a single stock so fierce – and pays out dividends so IMMENSE – you can actually live off them. But it does mean there’s reason to believe that holiday spending won’t be as bad as this Black Friday would suggest.ĭon’t sell your retail stocks just yet … especially the ones that have a large online sales presence.Īfter years of digging – we’ve finally did it. That doesn’t guarantee retailers will see record spending this month. Unemployment is at a pre-recession low, consumer confidence has largely been restored, and gas prices are still a relative bargain. I don’t think poor Black Friday sales are a harbinger of a weak holiday shopping period. On Black Friday, you’ll wait longer IN lines than you would shopping online. On Cyber Monday, people can do all their holiday shopping in about 30 minutes with a few clicks of a mouse. This is the instant-gratification generation. No one likes big crowds and standing in the cold and long lines. Black Friday sales will still likely account for more than 40% of total holiday shopping sales.īut it seems the Black Friday spectacle is going the way of the transistor radio and the rotary phone. Even with an 11% year-over-year drop in spending, $50.9 billion spent in one four-day weekend isn’t exactly chump change. On Saturday and Sunday of Black Friday weekend, shoppers spent another $2 billion – 26% more than they did a year ago.Īt least in theory, that benefits online retailers such as (NASDAQ: AMZN) and eBay (NASDAQ: EBAY).īlack Friday is still big business. Even before Cyber Monday, online sales improved. The Cyber Monday results reflected that change in consumer thinking.Ĭonsumers spent more than $2 billion on Cyber Monday, a 17% improvement from a year ago and the largest online spending day in history. It’s far easier to shop in your pajamas from the comfort of your own home at a reasonable hour. After all, not everyone wants to wait in line for three hours in a Wal-Mart or Best Buy parking lot at midnight on Thanksgiving. But that doesn’t mean holiday sales as a whole will be a bust.įor one, many Americans have simply shifted their early holiday shopping to the web. That doesn’t mean those stocks will stay down for long.īlack Friday sales were unequivocally disappointing. Wal-Mart (NYSE: WMT) shares have fallen 3.2% over the same span. The SPDR S&P Retail ETF (XRT), which tracks some of the bigger names in retail on the S&P 500, is down more than 1% since Black Friday. Not surprisingly, retail stocks have taken it on the chin since the lackluster sales figures were released. With gas prices at their lowest level in five years, economists expected shoppers to take that excess cash and spend it in droves on early Christmas, Hanukkah and Kwanzaa gifts last weekend. Some 133.7 million people shopped over the Black Friday weekend, 5.2% fewer shoppers than a year ago.Black Friday shoppers spent an average of $380.95, down 6.2% from 2013.It’s the second straight year that Black Friday sales have dropped. Sales for the four-day Black Friday weekend, starting with Thanksgiving, totaled $50.9 billion – down 11% from the $57.4 billion U.S.But the reality is that this Black Friday weekend fell well short of economists’ expectations. Yes, there were some encouraging numbers mixed in with the weak overall sales. Yes, headlines from the mainstream media can be misleading. There’s no point in sugarcoating it: Black Friday sales stank.īy now, you’ve read the headlines. But that doesn’t mean you should go selling off all of your retail stocks just yet. Black Friday sales fell well short of expectations.
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