9.4% Same Store Sales Drop At Chili’s

Stocks

ByGreg Feirman August 6, 2009 Reading Time: 1 minute

Chili’s parent Brinker International (EAT) this morning reported a 9.4% same store sales drop at Chili’s for the quarter ended June 24, 2009. What a great recovery!

Walmart Is Still Money In A Recession

January 8, 2009 Reading Time: 2 minutes

The big story today is Walmart (WMT) lowering its 4th quarter earnings forecast from a range of $0.97-$1.01 to a range of $0.91-$0.94 due to below expectation sales and higher expenses at Sam’s Club and Walmart International – Walmart is…

Major Retailers Still Reporting Extremely Negative Comp Sales

May 15, 2009 Reading Time: 2 minutes

Here are some same store sales numbers for major retailers reporting yesterday and today: JC Penney (JCP) same store sales down 7.5% in the quarter ended May 2, 2009 (JCP Earnings Release). Nordstrom’s (JWN) same store sales down 13.2% in…

Analyzing BAC, GS and NFLX Earnings

January 20, 2021 Reading Time: 6 minutes

Note: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…

Intel Drastically Cuts 4Q Revenue Forecast

November 13, 2008 Reading Time: 2 minutes

Revenue is being affected by significantly weaker than expected demand in all geographies and market segments. – Intel Press Release, 11/12/08 After the close yesterday, chip giant Intel (INTC) cut their 4th quarter revenue forecast by about 15% from a…

S&P ATHs In Reach, Next Week: HD, WMT & DE Earnings, April CPI

May 10, 2024 Reading Time: 3 minutes

Many bulls are probably hoping for a new all time closing high for the S&P today (Friday). But while stocks gapped up at the open, as of 11am EST they have given back most of their gains and the S&P…

Is ZM A Value Trap?

May 23, 2023 Reading Time: 4 minutes

In my opinion, the hardest thing in investing is admitting when you’re wrong. I have a tendency to hang on to my losers too long – and then they’re down so much that I figure there must be value by…

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