Andrew Hecht rates Invesco Euro Currency Trust (FXE) as a Buy with a tight stop near $104.60, citing attractive risk-reward amid US policy and geopolitical uncertainties. Despite a bearish trend for the euro, factors like US debt and global tensions could trigger a near-term rebound in the EUR/USD pair. FXE offers liquid exposure to the euro with a 0.76% yield and 0.40% management fee, tracking the euro/dollar closely. This contrarian position aims to capitalize on potential short-term gains despite longer-term euro weakness.
Caleres reported a strong Q3 2026 earnings per share (EPS) of $0.47, surpassing analyst expectations by 27%, signaling improved profitability. However, its revenue of $695.45 million slightly missed estimates despite a 5.6% year-over-year increase, d...
Macy's will report its Q2 fiscal 2026 earnings on September 10, with analysts expecting adjusted EPS of $0.37 and net sales of $4.81 billion, both above company guidance. The retailer's turnaround strategy focuses on strengthening its core stores, gr...
Wells Fargo lowered its price target for Casey's General Stores to $750 from $960 after the company reported a 3.2% same-store sales growth in Q1, missing analyst expectations. Despite the sales miss, Casey's posted revenue of $5.68 billion and EPS o...
America's Car-Mart reported a 57.3% revenue decline to $145.8 million and a net loss of $69 million in Q1 fiscal 2027, driven by capital constraints that limited vehicle purchases and customer financing. Retail unit sales fell 81.9%, and vehicle inve...
J.Jill reported strong Q2 earnings, beating estimates with $1.24 EPS and $154.83M revenue, driven by sales growth and direct sales increase. Following this, BTIG raised its price target to $25, suggesting a 15.74% upside. The company also raised its ...
