Unusually high yields are often a red flag, suggesting that payouts might be unsustainable and at risk of being cut.
Facing the fastest inflation in two generations, bloated inventories, higher interest rates and a slower economy in 2023, the leading concern going into the crucial 2022 holiday season is how retail sales are going to hold up. The evidence to date has been spotty. Target last week reported a 50% decline in fiscal third-quarter profit, missing analyst estimates. Kohl's CEO is stepping down , and the Wisconsin chain said sales are declining and withdrew its financial forecasts.
Here's a screen of high-yielding retail stocks, based on last Friday's close: Kohl's, under pressure from activist investors and its shares down 35% in 2022, now yields 6.2%. American Eagle Outfitters, whose shares have slumped nearly 40% this year, yields 4.7%. Best Buy shares are lower by more than 20% this year, leaving its yield at 4.4%. Old Navy-parent Gap today yields 4.1%.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
105 Carefully Selected, Unusually Special Gifts Under $200105 Carefully Selected, Unusually Special Gifts Under $200 Photos by Joe Lingeman Textile styling by Emma Werowinski
Consulte Mais informação »
The Strategist Holiday Gift Guide 2022The Strategist's Holiday Gift Guide has something for really and truly everyone, no matter how exacting they are in their taste
Consulte Mais informação »
What stock-market investors will be looking for in the Fed minutesInvestors want clues on how high the benchmark interest rate needs to go and how long it will stay there.
Consulte Mais informação »
Stock futures are little changed as investors look ahead to Fed meeting minutesInvestors are searching for signals the central bank will ease the pace of future interest rate hikes.
Consulte Mais informação »
Tesla investors plead with Musk for a buyback to perk up stockTesla investors plead with Musk for a buyback to perk up stock — via drivingdotca IndustryNews Tesla
Consulte Mais informação »