Latest news with #retail
Yahoo
an hour ago
- Business
- Yahoo
Why Winmark Stock Is Slipping Today
The Wall Street Journal reports 18- to 24-year-old shoppers are feeling strained, and spending less. Winmark's Plato's Closet used clothing outlets depend on this demographic for sales growth. Winmark's profits declined last year, and may post only single-digit growth in 2025 and 2026. 10 stocks we like better than Winmark › Winmark (NASDAQ: WINA), the innovative retailer of used toys and clothing best known for its Once Upon a Child and Plato's Closet stores, is seeing some stock selling this morning as its shares tumbled 2% through 12:45 p.m. ET. And why is this happening? It's never 100% certain, but my hunch is that investors may have been spooked by a recent article in The Wall Street Journal, which reported on weak spending within a key customer demographic that Winmark targets. As the Journal reported Tuesday (online) and Wednesday (in print), "in-store and online purchases for 18- to 24-year-olds fell 13% year-over-year between January and April, according to market research firm Circana." Revived payment obligations on student loans, plus an iffy job market and rising credit card pressures, are blamed for the decline in spending. And the Journal notes all of this is hitting sub-24 shoppers especially hard. That's bad news for Winmark's Plato's Closet brand in particular, which targets tween-to-young-20s shoppers. It's worse news since the Journal says two categories where this demographic is spending much less are apparel (down 11%) and accessories (down 18%). Investors may be especially worried given Winmark's pricey stock, which sells for nearly $380 a share, and costs nearly 33 times trailing earnings, and about 30 times trailing free cash flow. Valuations like these require fast growth to justify, yet Winmark profits actually declined last year, and are expected to grow no more than 6% this year (and only 7% next year), according to data from S&P Global Market Intelligence. Weakening consumer spending won't do anything good for those numbers, I'm afraid. Winmark stock is probably a sell. Before you buy stock in Winmark, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Winmark wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $687,731!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $945,846!* Now, it's worth noting Stock Advisor's total average return is 818% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Winmark. The Motley Fool has a disclosure policy. Why Winmark Stock Is Slipping Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
2 hours ago
- Entertainment
- Yahoo
Fans are Racing to Target to Get Their Hands On This New 'Perfect Summer Treat'
Parade aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Fans are Racing to Target to Get Their Hands On This New 'Perfect Summer Treat' originally appeared on Parade. Toast is one of those complete dishes that requires nothing more than a single ingredient—high-quality bread. It exists on its own and doesn't need anything extra to be a stunning anytime meal. You can enjoy it simply slathered with butter or jam, schmeared with cream cheese, or topped with a jammy egg, avocado, and chili crisp. It can stand on its own four corners or be the base of any number of delicious creations. So, what's not to love? 😋😋🍳🍔 Whether you enjoy it as a late-night snack, as an addition to your Waffle House All-Star Special, or as the start of a sweet treat when you're feeling too lazy to bake, toast essentially makes the world go round. Of course, toast without a spread, while still incredibly good, just isn't as exciting. Not that toast is bad but any stretch of the imagination, but sometimes things need a little extra encouragement. Maybe spreads actually make the world go round instead. Yeah, that sounds more accurate. Regardless, we love toast and spreads equally, but love when the two come together just a teensy bit for those of us with a sweet tooth, Target has plenty of delectable sweet spreads that taste great on their own, on top of toast, or as a dip for fruit, and @targettrendsetter is sharing all the deets. The Favorite Day Sweet Spreads are now available at Target, and shoppers are saying, 'Those look delicious!' These sweet spreads come in three flavors—s'mores, cookies and cream, and cocoa and popcorn. Each spread stuns when spread on toast or fruit, and can even be enjoyed straight up on a spoon. View this post on Instagram A post shared by Ashley • Target Trendsetter (@targettrendsetter) 13-ounce jars of these sweet spreads will set you back a meager $3.69, and we apologize in advance for clearing the shelves. We can see why fans are saying they 'Have to try these!!' Now, what were we saying about toast again?Fans are Racing to Target to Get Their Hands On This New 'Perfect Summer Treat' first appeared on Parade on Jun 27, 2025 This story was originally reported by Parade on Jun 27, 2025, where it first appeared.
Yahoo
2 hours ago
- Business
- Yahoo
Swire sells majority stake in Brickell City Centre retail to Simon for $512M
Swire Properties cashed out of the retail and parking components of Brickell City Centre in a $512 million deal with Simon Property Group. Simon, an Indianapolis-based shopping center-focused real estate firm led by David Simon, bought Swire's majority 75 percent stake in the 500,000-square-foot open-air center anchored by Saks Fifth Avenue, according to a Hong Kong stock exchange filing. Hong Kong-based Swire, led by Henry Bott, also sold Brickell City Centre's underground parking garages to Simon as part of the deal. Previously, Simon owned a 25 percent interest in the shopping center's ownership entity since 2015. The four-level retail component was completed a year later, a press release states. In addition to Saks, Brickell City Centre has 90 retail tenants including Apple, Coach, lululemon, Sephora and Zara. The center also features 15 dining and entertainment venues including Puttshack and a CMX movie theater. Profits from the sale, the entire $512 million, will be applied to Swire's funding and capital obligations for the firm's U.S. projects, the filings state. Those developments include the planned Brickell Key luxury condominium, called The Residences at Mandarin Oriental, Miami, a Swire spokesperson said in a statement. The two-tower project has reached $1 billion in contract sales and has sold more than 50 percent of one of the planned buildings, the spokesperson added. Developed by Swire, Brickell City Centre is a 5.4 million-square-foot mixed use project. In 2020, Swire sold the development's two office towers for $163 million to Northwood Investors. A year later, funds tied to Trinity Fund Advisors and Certares Real Estate Management bought the 352-room East Hotel at Brickell City Centre from Swire. The joint venture paid $174 million for it. Brickell City Centre also includes Reach and Rise, a pair of 43-story condominiums. In May, Swire sold a nearby site where the firm scuttled a supertall office project. Miami-based Melo Group paid more than $200 million for the 2.8-acre property. Meanwhile, Simon has been expanding its ownership of big box spaces at regional malls that the firm owns in South Florida. This month, Simon paid $23 million for a shuttered Sears store at Town Center at Boca Raton in Palm Beach County, and dropped $15.6 million for a JCPenney ground lease at Dadeland Mall in Miami-Dade County's Kendall. This article originally appeared on The Real Deal. Click here to read the full story. Sign in to access your portfolio
News.com.au
3 hours ago
- Business
- News.com.au
EOFY 2025 Australia: Best iPhone 16 deals
With the end of the financial year closing in on us, there's only a short amount of time left to snap up those EOFY savings. Fortunately, retailers like Amazon and The Good Guys have dropped some huge deals - and if you're a tech lover or looking to upgrade your smartphone, you're in luck. The iPhone 16 range is currently discounted with savings of up to $271 up for grabs. Released in September 2024, the iPhone 16 is Apple's most advanced model yet and has been a hit with Apple fans. One Amazon customer loved the 'sleek, high-performance smartphone that embodies the best of Apple's design and innovation'. TikToker @8aminthemornin raved about the camera system, saying: 'The camera quality on the 16 is INSANE'. These massive savings won't last for long. Read on to find the best deals on the iPhone 16, iPhone 16 Plus, iPhone 16 Pro and iPhone 16 Pro Max. You'll also find great discounts on must-have iPhone 16 accessories from top brands like Otterbox, Anker, CASETiFY and more. In this article: Prices are correct and products are in stock at time of publishing. BEST IPHONE 16 DEALS Best iPhone 16 deals at Amazon $251 off iPhone 16, 256GB, $1348 (down from $1599) $251 off iPhone 16, 512GB, $1698 (down from $1949) $213 off iPhone 16 Plus, 128GB, $1386 (down from $1599) $213 off iPhone 16 Plus, 256GB, $1586 (down from $1799) $213 off iPhone 16 Plus, 512GB, $1936 (down from $2149) $271 off iPhone 16 Pro, 128GB, $1528 (down from $1799) $232 off iPhone 16 Pro, 256GB, $1767 (down from $1999) $214 off iPhone 16 Pro, 512GB, $2135 (down from $2349) $216 off iPhone 16 Pro Max, 256GB, $1933 (down from $2149) $252 off iPhone 16 Pro Max, 512GB, $2247 (down from $2499) See more iPhone deals at Amazon Best iPhone 16 deals at The Good Guys $251 off iPhone 16, 128GB, $1148 (down from $1399) $212 off iPhone 16, 256GB, $1387 (down from $1599) $212 off iPhone 16, 512GB, $1737 (down from $1949) $213 off iPhone 16 Plus, 128GB, $1386 (down from $1599) $213 off iPhone 16 Plus, 256GB, $1586 (down from $1799) $213 off iPhone 16 Plus, 512GB, $1936 (down from $2149) BEST IPHONE 16 ACCESSORY DEALS Best Amazon iPhone 16 case deals Best Burga iPhone 16 deals Best Otterbox iPhone 16 case deals Best MAISON de SABRÉ iPhone 16 case deals Best iPhone 16 screen protector deals Best Amazon iPhone 16 charger deals Best Anker iPhone 16 charger deals Best iPhone 16 car charger deals Best iPhone 16 car phone mount deals More iPhone 16 accessory deals At first glance, the iPhone 16 may look similar to the iPhone 15, as they share a 6.1' OLED display and dual 48MP + 12MP cameras. FREQUENTLY ASKED QUESTIONS WHAT ARE THE EOFY SALES? The End Of Financial Year sales is an annual shopping event where retailers and brands discount their overstocked inventory to boost their sales profits and revenue before June 30. It is the perfect time for savvy shoppers to snap up a bargain or capitalise on some tax deductible items at a discounted price. Throughout the month on June, you'll be able to score huge savings on tech, beauty, fashion, home appliances, furniture and cars. The majority of deals will finish at midnight June 30, however some brands end their sales period early. WHAT TECH BRANDS ARE TAKING PART IN THE EOFY SALES? All the major tech brands are taking part in the EOFY sales. Apple has seen discounts on their biggest tech releases – from iPhones and iPads to Macbooks and Apple Pencils. Samsung is also offering some major deals on their huge selection of smartphones, smart watches, TVs, computers, tablets, and whitegoods. And if you're not fussy on your tech brands, Amazon, The Good Guys, Harvey Norman and eBay are offering some huge deals across the board on must-have tech gadgets. WHEN DO THE EOFY SALES END? Most of the EOFY deals and sales will end at midnight on June 30, 2025. However, some deals and discounts will end early, so if you see a great deal, it is best to snap it up as soon as you can so you don't miss out on a bargain. Looking for more great deals and huge savings? Sign up to our to be the first to find out about the latest sales, product releases and reviews.
Yahoo
4 hours ago
- Business
- Yahoo
Are You Missing Out on These 2 Dividend Raises From Famous Companies?
Both a very familiar retailer and a high-profile restaurant chain operator are cranking their distributions higher. Opportunistic income investors have time to take advantage of both. 10 stocks we like better than Target › Early summer isn't typically a hot period for dividend raises, and this year's version is no exception. Lately, income investors have had to be satisfied collecting payouts that were fixed several quarters -- or even years -- ago. Over the past few days, there emerged two major exceptions to this trend -- monster retailer Target (NYSE: TGT) and Darden Restaurants (NYSE: DRI), owner and operator of well-known dining chains such as Olive Garden, Ruth's Chris Steak House, and The Capital Grille. Here's a little more about both payout pumps. Of the two dividend raises, Target's was the more predictable. That's because the company is a Dividend King, meaning it's one of the very select group of S&P 500 component stocks that has upped its payout at least once annually for a minimum of 50 years running. In mid-June, the company extended this streak to 54 years with a nearly 2% bump in its quarterly payout to $1.14 per share. This particular dividend raise might be more necessary than previous lifts. A once-popular stock, Target has fallen out of favor, on the back of recent drops in certain fundamentals and other factors such as its poorly received retreat from diversity, equity, and inclusion (DEI) strategies. The uncertain future of President Trump's tariffs isn't helping either. Target's latest quarterly earnings release didn't exactly inspire confidence in the market. First-quarter net sales fell by 3% year over year to a little under $24 billion on comparable sales that dipped nearly 4%, rare declines for a company that typically improves those metrics. Non-GAAP (generally accepted accounting principles) adjusted net earnings also headed south, falling a steep 36% to $1.30 per share. To right the ship, management has created what's essentially a task force with its so-called "enterprise acceleration office." This unit is responsible for slimming the company's operations and making them more efficient, hence better positioned for (hopefully) a return to growth. I'd give Target a better-than-average chance of this initiative succeeding. In its long life, it's gotten past many challenges, and besides, it's actually doing quite well in certain corners of its business. For example, there's online comparable sales, which even in this Age of Digital are continuing to grow at admirable rates -- nearly 5% in quarter one. Meanwhile, in terms of valuations, the stock is now cheap, with a PEG ratio barely treading water at a bit over 1. This makes me feel Target is a potentially strong recovery story trading at a generous discount now. The company's dividend raise takes effect in a few months; the new payout will be dispensed on Sept. 1 to investors of record as of Aug. 13. At the current share price, its yield would be a very appealing 4.7%. Elsewhere in the consumer goods sector, Darden also enacted a dividend raise in June. In contrast to Target, the hike was fairly generous, at 7% over its predecessor. The new quarterly dividend is $1.50 per share. Darden isn't a Dividend King like Target, but it's been a regular payer since 1995 and a frequent raiser. It did cut its payout during the pandemic -- hardly a shocking move, as the restaurant industry was badly affected by the near-disappearance of in-person dining. Since then, though, Darden has come roaring back, with the company paying out more than it did in the pre-COVID days. Another appealing draw of being a Darden shareholder is the company's frequent stock buybacks. Also in June, its board of directors authorized a new repurchase initiative of up to $1 billion for its common stock. The company is rarely shy to spend its capital this way, as in its latest reported quarter it expended $51 million on buybacks. Speaking of that period -- Darden's fiscal fourth quarter of 2025 -- total sales rose by 11% year over year (although this was skewed by the addition of the 103-restaurant strong Chuy's Tex Mex chain, a 2024 acquisition). The more revealing same-restaurant sales metric was up comfortingly, though, with a nearly 5% increase. As for profitability, non-GAAP (adjusted) net income grew 9% to over $400 million. Both that figure and the revenue line were slightly higher than the consensus analyst estimates. Fiscal 2026 might see lower growth, as Darden is guiding for a 7% to 8% rise in total sales for the year, on a foundation of 2% to 3.5% same-restaurant sales improvement. Net income should land at $10.50 to $10.70 per share, which is just short -- although not worryingly so -- of the average pundit estimate of $10.75. All this tells me that Darden is well positioned now, and I'd fully expect the company to at least come close to its growth targets. Continued profitability will provide money for more dividend raises and new stock buyback initiatives. As such, this stock feels like a solid investment to me. Darden is to hand out its raised dividend on Aug. 1 to stockholders of record as of July 10. It would yield almost 2.8% at the most recent closing price. Before you buy stock in Target, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Target wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $704,676!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $950,198!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Target. The Motley Fool has a disclosure policy. Are You Missing Out on These 2 Dividend Raises From Famous Companies? was originally published by The Motley Fool 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
