AREA STOCKS Facebook & Google THE WEEK AHEAD The Week … · VOL NAME TICKER LAST CHG %CHG (1000s)...
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VOL NAME TICKER LAST CHG %CHG (1000s) CoDiagn CODX 15.57 +.25 +1,639.7 GeniusBr h GNUS 4.16 +.71 +1,423.8 Novavx NVAX 45.57 +1.14 +1,045.0 VEckOilSvc OIH 133.92 +7.32 +910.7 Genprex GNPX 2.98 +.17 +831.3 Adaptim ADAP 9.94 +.37 +728.3 LibTrip B h LTRPB 57.79 +13.87 +697.1 TrilliumTh TRIL 7.64 +.13 +641.7 VanE Coal KOL 73.08 +1.60 +639.0 WaitrHl WTRH 2.35 -.04 +629.8 TimbrPhr TMBR 2.28 -.12 +597.2 Vaxart VXRT 2.33 +.07 +563.8 AldHlPrd AHPI 7.97 -.30 +555.4 Nikola NKLA 64.00 +3.50 +520.2 AspiraWm AWH 4.14 +.14 +411.1 Veritone VERI 12.57 +.60 +404.8 AIM Im rs AIM 2.59 +376.1 RemrkHl h MARK 2.29 -.01 +344.7 LghtPath h LPTH 3.14 +.04 +333.1 RetractTc RVP 6.37 +.44 +324.7 DigitalAll h DGLY 4.25 +.10 +316.7 CountrP CPAH 3.75 +.43 +303.1 Altimm ALT 7.54 +.43 +298.9 InovioPhm INO 13.02 +.84 +294.5 Nautilus NLS 6.70 +.13 +282.9 US AutoPts PRTS 8.34 +.24 +279.1 AlphaPro APT 12.49 -.61 +264.1 RandCap rs RAND 10.82 -.18 +252.6 CelldexT CLDX 7.80 -.96 +249.8 Mersana MRSN 19.94 +.88 +248.0 YTD NAME TICKER LAST CHG %CHG Top stocks by percent change in price for the year to date. Stock must be worth $2. AT&T Inc T 30.50 +.33 +1.1 36,254 AEP AEP 81.80 +.04 2,389 AutoData ADP 147.01 +4.02 +2.8 2,725 BkofAm BAC 24.78 +.85 +3.6 73,660 Boeing BA 189.51 +19.51 +11.5 89,280 Brinker EAT 25.99 +1.97 +8.2 2,577 Citigroup C 52.25 +3.86 +8.0 39,004 CocaCola KO 45.60 +.47 +1.0 21,812 ConAgra CAG 32.41 +.59 +1.9 3,592 CrackerB CBRL 114.40 +3.35 +3.0 445 CrownHold CCK 65.23 +2.21 +3.5 1,174 Dillards DDS 29.89 +2.56 +9.4 940 FtFnBksh FFIN 29.70 +.71 +2.4 642 FordM F 6.46 +.33 +5.4 88,658 GenElec GE 7.25 +.30 +4.3 100,869 HarteHk HHS 2.77 +.17 +6.3 18 HomeDp HD 242.45 +2.98 +1.2 5,237 IBM IBM 121.91 +3.90 +3.3 6,212 JPMorgCh JPM 99.87 +2.66 +2.7 24,845 LithiaMot LAD 127.66 +2.99 +2.4 186 Lowes LOW 126.05 +2.11 +1.7 4,462 McDnlds MCD 189.17 +1.66 +.9 4,107 MetLife MET 37.45 +1.52 +4.2 7,142 MorgStan MS 46.28 +1.71 +3.8 14,086 NexstarM NXST 83.30 -.95 -1.1 741 PattUTI PTEN 4.46 +.30 +7.2 8,368 Prudentl PRU 63.16 +2.81 +4.7 2,729 Schlmbrg SLB 19.00 +.49 +2.6 14,633 Starbucks SBUX 76.38 +3.81 +5.3 18,516 SteinMart SMRT .44 +.02 +3.8 2,310 3M Co MMM 154.87 +2.49 +1.6 2,999 WalgBoots WBA 41.40 +.65 +1.6 5,015 AbbottLab ABT 89.02 +1.24 +1.4 5,590 AdmRsc AE 28.89 +3.88 +15.5 6 Altria MO 39.13 +.68 +1.8 12,542 Apple Inc AAPL 338.80 +2.90 +.9 49,987 ATMOS ATO 100.43 +1.16 +1.2 946 BrMySq BMY 56.17 -.54 -1.0 14,859 CenterPnt CNP 18.00 +.23 +1.3 10,230 Chevron CVX 92.39 +3.02 +3.4 9,530 Cisco CSCO 45.07 +1.40 +3.2 26,113 Comcast CMCSA 39.46 +.21 +.5 18,503 ConocoPhil COP 43.73 +1.61 +3.8 8,926 DR Horton DHI 54.00 +2.93 +5.7 5,490 DeutschBk DB 9.39 +.39 +4.3 7,075 Disney DIS 115.49 +2.85 +2.5 18,352 Enbridge ENB 31.01 +.57 +1.9 7,329 EgyTrnsfr ET 7.77 -.06 -.8 30,683 EntProdPt EPD 19.01 -.22 -1.1 7,348 ExxonMbl XOM 47.17 +.99 +2.1 30,947 Facebook FB 228.58 +4.15 +1.8 22,067 GenesisEn GEL 8.47 +.05 +.6 1,480 HP Inc HPQ 16.28 +.62 +4.0 13,611 Hallibrtn HAL 12.78 +.50 +4.1 20,050 Insperity NSP 56.24 +3.80 +7.2 450 Intel INTC 59.33 -.37 -.6 30,399 JohnJn JNJ 142.15 +1.28 +.9 8,685 KimbClk KMB 135.94 -1.03 -.8 1,634 KindMorg KMI 15.50 -.01 -.1 17,363 Manulife g MFC 13.82 +.08 +.6 4,550 MarathnO MRO 6.58 +.32 +5.1 37,619 Merck MRK 76.30 -.44 -.6 16,217 Microsoft MSFT 187.74 +1.47 +.8 43,331 Oracle ORCL 51.86 +.55 +1.1 11,537 PPG PPG 101.63 +2.07 +2.1 1,225 Pfizer PFE 33.75 +.45 +1.4 35,949 PlainsAAP PAA 9.73 -.01 -.1 6,179 ProctGam PG 115.62 -.64 -.6 7,998 PulteGrp PHM 33.89 +.98 +3.0 4,469 ScrippsEW SSP 8.61 +.35 +4.2 267 SiriusXM SIRI 5.94 +.09 +1.5 33,624 SwstAirl LUV 35.87 +3.04 +9.3 26,824 Sysco SYY 54.26 +.89 +1.7 4,363 TexInst TXN 123.97 -.64 -.5 5,951 TorDBk TD 45.90 +1.35 +3.0 2,514 TurqHillRs TRQ .68 +.05 +7.6 1,841 UBS Grp UBS 10.88 +.19 +1.8 3,986 ValeroE VLO 63.79 +3.11 +5.1 3,573 VerizonCm VZ 56.53 +.08 +.1 17,129 WalMart WMT 117.74 -2.35 -2.0 10,777 WsteMInc WM 103.89 +.69 +.7 2,579 WellsFargo WFC 27.97 +1.18 +4.4 51,250 VOL NAME TICKER LAST CHG %CHG (1000s) Ranked by shares outstanding; excludes area stocks listed above STOCK SPOTLIGHT TOP 50 Stocks of area interest requested by our readers AREA STOCKS Shoppers are making their way back to recently reopened clothing stores like Macy’s with a little more gusto than anticipated. The challenge: keeping the momentum going. Many shoppers, shut in since mid-March, seem to be eager to return after stores reopened with new protocols like requiring workers to wear masks. Still, reports of rising cases of the coronavirus in a slew of states could unravel the momentum. Financial worries could also restrain spending. Macy’s CEO Jeff Gennette said he’s seeing its reopened stores are bringing back 50% of their typical business; he originally though sales would be down 80% during the initial phase of reopening. And Kohl’s CEO Michelle Gass said its reopened stores now average about 75% of their normal levels. They both shared their thoughts at a virtual retail conference hosted by investment firm Cowen & Co. Teen retailer American Eagle Outfitters is faring even better, averaging roughly 95% of their normal levels. Still, just like before the pandemic, clothing stores are having a hard time competing with other types of retailers. Foot traffic fell 59% at clothing stores for the week ended May 25 compared to the year-ago period, according to Placer.ai, an analytics firm that uses smartphone data to track consumer behavior. Home improvement retailers that were allowed to stay open saw foot traffic up 20% for that time period. Anne D’Innocenzio; J. Paschke • AP Will shoppers’ return last? Source: Placer.ai * week ending May 25 Coming back? New cases of the coronavirus from states that have reopened have created a challenge to retailer’s recovery. -59 -39 -67 -76% -8 -10 20 Foot traffic measured from one year ago* Home Improvement Superstore Grocery Dining Apparel Electronics Fitness Investors cheered Dick’s Sporting Goods’ announcement that it would reinstate its dividend and open all its stores by June 30. Pennsylvania-based Dick’s cited strong early sales at stores that have re-opened and said it has returned workers from furlough while restoring previously reduced salaries for all employees, except certain executives. One of the largest national sporting goods chains, Dick’s closed all its stores on March 19 due to the coronavirus outbreak and furloughed a “significant number” of its 41,600 employees in early April. Dick’s reported earlier this month that while sales at established stores fell 29.5% in the first quarter, they are only down 4% through the first four weeks of the second quarter. Dick’s Sporting Goods, which have been inching back toward pre-coronavirus levels, rose 9% to close at $39.41 on Friday. AP Div. yield: 3.2% Dividend: $1.25 Dick’s Sporting Goods (DKS) $13 $50 52-WEEK RANGE Play ball Total return 1-yr 3-yrs* 5-yrs* DKS 14.9% -1.2 -6.1 *annualized Source: FactSet Price-earnings ratio: 39 (Based on past 12-month results) Friday’s close: $39.41, +3.24 Company Spotlight Advanced 2119 Declined 535 New Highs 4 New Lows 6 Vol. (in mil.) 5,580 Pvs. Volume 6,661 4,179 4,960 2284 735 21 8 NYSE NASD DOW 25965.55 25078.41 25605.54 +477.37 +1.90% t s s -10.28% DOW Trans. 9232.28 8855.12 9081.90 +242.54 +2.74% t s s -16.69% DOW Util. 810.19 782.86 793.00 -0.23 -0.03% t s s -9.80% NYSE Comp. 12030.94 11640.59 11867.17 +208.00 +1.78% t s s -14.70% NASDAQ 9768.64 9413.62 9588.81 +96.08 +1.01% t s s +6.87% S&P 500 3088.42 2984.47 3041.31 +39.21 +1.31% t s s -5.86% S&P 400 1793.49 1713.55 1759.91 +35.29 +2.05% t s s -14.69% Wilshire 5000 31452.08 30344.18 30947.19 +415.00 +1.36% t s s -5.90% Russell 2000 1412.91 1349.39 1387.68 +31.46 +2.32% t s s -16.83% HIGH LOW CLOSE CHG %CHG WK MO QTR YTD STOCKS RECAP 2,000 2,400 2,800 3,200 3,600 D J J F M A M 2,960 3,100 3,240 S&P 500 Close: 3,041.31 Change: 39.21 (1.3%) 10 DAYS 18,000 21,000 24,000 27,000 30,000 D J J F M A M 25,040 26,320 27,600 Dow Jones industrials Close: 25,605.54 Change: 477.37 (1.9%) 10 DAYS Retail rebound? The shutdowns and stay-at-home orders due to the coronavirus have led to steep declines in retail sales nationwide. Sales plunged by a record 16.4% in April. That followed a skid of 8.3% in March. But now that states have been easing restrictions on businesses, economists expect retail sales jumped 8.5% in May from the previous month. The Commerce Department issues its May tally of U.S. retail sales Tuesday. Bumps in the road CarMax serves up its latest quarterly report card Friday. Wall Street expects the used car dealership operator’s fiscal first-quarter earnings and revenue declined from a year earlier. In April, CarMax warned that its sales would be down significantly as the coronavirus outbreak forced the company to shutter some of its locations. To cope, the company introduced curbside pickup and home delivery at most of its open locations. Eye on housing New government data on residen- tial construction should provide insight into the state of the new-home market. The Commerce Department is expected to report Wednesday that builders broke ground on new single-family homes and apart- ments at a faster pace in May than in the previous month. U.S. home construction slowed in April to the lowest level in five years as the coronavirus pandemic shut- downs disrupted homebuilding, leading to a 30.2% drop in groundbreakings. Housing starts seasonally adjusted Source: FactSet 0.0 0.5 1.0 1.5 2.0 million M A M F J D est. 1.20 1.59 1.57 2020 1.62 1.28 Retail sales seasonally adjusted percent change Source: FactSet -20 -15 -10 -5 0 5 10% M A M F J D est. 8.5 0.1 -0.4 -16.4 2020 0.8 -8.3 0.89 NET 1YR TREASURIES LAST PVS CHG AGO 3.25 4.75 5.50 .13 1.63 2.38 PRIME RATE FED FUNDS LAST 6 MO AGO 1 YR AGO 3-month T-bill .16 .16 ... 2.19 6-month T-bill .18 .17 +0.01 2.17 52-wk T-bill .17 .18 -0.01 2.00 2-year T-note .19 .19 ... 1.84 5-year T-note .32 .30 +0.02 1.82 7-year T-note .53 .49 +0.04 1.96 10-year T-note .69 .65 +0.04 2.09 30-year T-bond 1.45 1.40 +0.05 2.60 NET 1YR BONDS LAST PVS CHG AGO Barclays Glob Agg Bd 1.02 1.03 -0.01 1.59 Barclays USAggregate 1.37 1.37 ... 2.65 Barclays US Corp 2.29 2.28 +0.01 3.39 Barclays US High Yield 6.26 6.25 +0.01 6.16 Moodys AAA Corp Idx 2.45 2.46 -0.01 3.51 10-Yr. TIPS 0 0 ... .37 The yield on the 10-year Treasury note rose to 0.69% on Friday. Yields affect rates on mortgages and other consumer loans. Crude Oil (bbl) 36.26 36.34 -0.22 -40.6 Ethanol (gal) 1.20 1.19 +0.50 -12.9 Heating Oil (gal) 1.10 1.09 +1.23 -45.7 Natural Gas (mm btu) 1.73 1.81 -4.52 -20.9 Unleaded Gas (gal) 1.12 1.12 +0.49 -33.5 FUELS CLOSE PVS %CHG %YTD Gold (oz) 1729.30 1732.00 -0.16 +13.8 Silver (oz) 17.46 17.87 -2.28 -2.1 Platinum (oz) 819.00 824.00 -0.61 -15.7 Copper (lb) 2.60 2.59 +0.58 -6.9 Palladium (oz) 1918.30 1889.90 +1.50 +0.5 METALS CLOSE PVS %CHG %YTD Cattle (lb) 0.96 0.97 -0.77 -23.0 Coffee (lb) 0.97 0.98 -0.72 -25.2 Corn (bu) 3.30 3.30 +0.08 -14.9 Cotton (lb) 0.60 0.60 -0.30 -13.3 Lumber (1,000 bd ft)355.80 350.70 +1.37 -12.3 Orange Juice (lb) 1.23 1.29 -4.99 +26.4 Soybeans (bu) 8.71 8.66 +0.61 -7.6 Wheat (bu) 5.02 4.99 +0.55 -10.2 AGRICULTURE CLOSE PVS %CHG %YTD Energy prices were mixed, except for natural gas, which fell. Gold and silver prices fell. The dollar rose against the euro, British pound and the Japanese yen. The dollar also rose against the Canadian dollar but fell against the Mexican peso. USD per British Pound 1.2491 -.0104 -.83% 1.2689 Canadian Dollar 1.3614 +.0008 +.06% 1.3333 USD per Euro 1.1233 -.0069 -.61% 1.1286 Japanese Yen 107.45 +.64 +.60% 108.48 Mexican Peso 22.3499 -.3789 -1.70% 19.1935 1YR MAJORS CLOSE CHG %CHG AGO Israeli Shekel 3.4771 +.0219 +.63% 3.5823 Norwegian Krone 9.6753 +.0584 +.60% 8.6648 South African Rand 17.0697 -.1102 -.65% 14.8756 Swedish Krona 9.3664 +.0388 +.41% 9.4710 Swiss Franc .9544 +.0111 +1.16% .9957 EUROPE/AFRICA/MIDDLE EAST Australian Dollar 1.4615 +.0009 +.06% 1.4437 Chinese Yuan 7.0834 +.0183 +.26% 6.9178 Hong Kong Dollar 7.7501 -.0000 -.00% 7.8250 Indian Rupee 76.028 -.160 -.21% 69.403 Singapore Dollar 1.3937 -.0004 -.03% 1.3670 South Korean Won 1205.20 -2.80 -.23% 1184.42 Taiwan Dollar 29.66 -.04 -.13% 31.42 ASIA/PACIFIC Previous and change figures reflect current trading contract. Interestrates Commodities Foreign Exchange THE WEEK AHEAD
Transcript of AREA STOCKS Facebook & Google THE WEEK AHEAD The Week … · VOL NAME TICKER LAST CHG %CHG (1000s)...
VOLNAME TICKER LAST CHG %CHG (1000s)
CoDiagn CODX 15.57 +.25 +1,639.7GeniusBr h GNUS 4.16 +.71 +1,423.8Novavx NVAX 45.57 +1.14 +1,045.0VEckOilSvc OIH 133.92 +7.32 +910.7Genprex GNPX 2.98 +.17 +831.3Adaptim ADAP 9.94 +.37 +728.3LibTrip B h LTRPB 57.79 +13.87 +697.1TrilliumTh TRIL 7.64 +.13 +641.7VanE Coal KOL 73.08 +1.60 +639.0WaitrHl WTRH 2.35 -.04 +629.8TimbrPhr TMBR 2.28 -.12 +597.2Vaxart VXRT 2.33 +.07 +563.8AldHlPrd AHPI 7.97 -.30 +555.4Nikola NKLA 64.00 +3.50 +520.2AspiraWm AWH 4.14 +.14 +411.1Veritone VERI 12.57 +.60 +404.8AIM Im rs AIM 2.59 +376.1RemrkHl h MARK 2.29 -.01 +344.7LghtPath h LPTH 3.14 +.04 +333.1RetractTc RVP 6.37 +.44 +324.7DigitalAll h DGLY 4.25 +.10 +316.7CountrP CPAH 3.75 +.43 +303.1Altimm ALT 7.54 +.43 +298.9InovioPhm INO 13.02 +.84 +294.5Nautilus NLS 6.70 +.13 +282.9US AutoPts PRTS 8.34 +.24 +279.1AlphaPro APT 12.49 -.61 +264.1RandCap rs RAND 10.82 -.18 +252.6CelldexT CLDX 7.80 -.96 +249.8Mersana MRSN 19.94 +.88 +248.0
YTDNAME TICKER LAST CHG %CHG
Top stocks by percent change in price for the year to date. Stock must be worth $2.
AT&T Inc T 30.50 +.33 +1.1 36,254AEP AEP 81.80 +.04 2,389AutoData ADP 147.01 +4.02 +2.8 2,725BkofAm BAC 24.78 +.85 +3.6 73,660Boeing BA 189.51 +19.51 +11.5 89,280Brinker EAT 25.99 +1.97 +8.2 2,577Citigroup C 52.25 +3.86 +8.0 39,004CocaCola KO 45.60 +.47 +1.0 21,812ConAgra CAG 32.41 +.59 +1.9 3,592CrackerB CBRL 114.40 +3.35 +3.0 445CrownHold CCK 65.23 +2.21 +3.5 1,174Dillards DDS 29.89 +2.56 +9.4 940FtFnBksh FFIN 29.70 +.71 +2.4 642FordM F 6.46 +.33 +5.4 88,658GenElec GE 7.25 +.30 +4.3 100,869HarteHk HHS 2.77 +.17 +6.3 18HomeDp HD 242.45 +2.98 +1.2 5,237IBM IBM 121.91 +3.90 +3.3 6,212JPMorgCh JPM 99.87 +2.66 +2.7 24,845LithiaMot LAD 127.66 +2.99 +2.4 186Lowes LOW 126.05 +2.11 +1.7 4,462McDnlds MCD 189.17 +1.66 +.9 4,107MetLife MET 37.45 +1.52 +4.2 7,142MorgStan MS 46.28 +1.71 +3.8 14,086NexstarM NXST 83.30 -.95 -1.1 741PattUTI PTEN 4.46 +.30 +7.2 8,368Prudentl PRU 63.16 +2.81 +4.7 2,729Schlmbrg SLB 19.00 +.49 +2.6 14,633Starbucks SBUX 76.38 +3.81 +5.3 18,516SteinMart SMRT .44 +.02 +3.8 2,3103M Co MMM 154.87 +2.49 +1.6 2,999WalgBoots WBA 41.40 +.65 +1.6 5,015
AbbottLab ABT 89.02 +1.24 +1.4 5,590AdmRsc AE 28.89 +3.88 +15.5 6Altria MO 39.13 +.68 +1.8 12,542Apple Inc AAPL 338.80 +2.90 +.9 49,987ATMOS ATO 100.43 +1.16 +1.2 946BrMySq BMY 56.17 -.54 -1.0 14,859CenterPnt CNP 18.00 +.23 +1.3 10,230Chevron CVX 92.39 +3.02 +3.4 9,530Cisco CSCO 45.07 +1.40 +3.2 26,113Comcast CMCSA 39.46 +.21 +.5 18,503ConocoPhil COP 43.73 +1.61 +3.8 8,926DR Horton DHI 54.00 +2.93 +5.7 5,490DeutschBk DB 9.39 +.39 +4.3 7,075Disney DIS 115.49 +2.85 +2.5 18,352Enbridge ENB 31.01 +.57 +1.9 7,329EgyTrnsfr ET 7.77 -.06 -.8 30,683EntProdPt EPD 19.01 -.22 -1.1 7,348ExxonMbl XOM 47.17 +.99 +2.1 30,947Facebook FB 228.58 +4.15 +1.8 22,067GenesisEn GEL 8.47 +.05 +.6 1,480HP Inc HPQ 16.28 +.62 +4.0 13,611Hallibrtn HAL 12.78 +.50 +4.1 20,050Insperity NSP 56.24 +3.80 +7.2 450Intel INTC 59.33 -.37 -.6 30,399JohnJn JNJ 142.15 +1.28 +.9 8,685KimbClk KMB 135.94 -1.03 -.8 1,634KindMorg KMI 15.50 -.01 -.1 17,363Manulife g MFC 13.82 +.08 +.6 4,550MarathnO MRO 6.58 +.32 +5.1 37,619Merck MRK 76.30 -.44 -.6 16,217Microsoft MSFT 187.74 +1.47 +.8 43,331Oracle ORCL 51.86 +.55 +1.1 11,537PPG PPG 101.63 +2.07 +2.1 1,225Pfizer PFE 33.75 +.45 +1.4 35,949PlainsAAP PAA 9.73 -.01 -.1 6,179ProctGam PG 115.62 -.64 -.6 7,998PulteGrp PHM 33.89 +.98 +3.0 4,469ScrippsEW SSP 8.61 +.35 +4.2 267SiriusXM SIRI 5.94 +.09 +1.5 33,624SwstAirl LUV 35.87 +3.04 +9.3 26,824Sysco SYY 54.26 +.89 +1.7 4,363TexInst TXN 123.97 -.64 -.5 5,951TorDBk TD 45.90 +1.35 +3.0 2,514TurqHillRs TRQ .68 +.05 +7.6 1,841UBS Grp UBS 10.88 +.19 +1.8 3,986ValeroE VLO 63.79 +3.11 +5.1 3,573VerizonCm VZ 56.53 +.08 +.1 17,129WalMart WMT 117.74 -2.35 -2.0 10,777WsteMInc WM 103.89 +.69 +.7 2,579WellsFargo WFC 27.97 +1.18 +4.4 51,250
VOLNAME TICKER LAST CHG %CHG (1000s)
Ranked by shares outstanding; excludes area stocks listed above
STOCK SPOTLIGHT
TOP 50
Stocks of area interest requested by our readers
AREA STOCKS
Shoppers are making their way back to recently reopened clothing stores like Macy’s with a little more gusto than anticipated. The challenge: keeping the momentum going.
Many shoppers, shut in since mid-March, seem to be eager to return after stores reopened with new protocols like requiring workers to wear masks. Still, reports of rising cases of the coronavirus in a slew of states could unravel the momentum. Financial worries could also restrain spending.
Macy’s CEO Jeff Gennette said he’s seeing its reopened stores are bringing back 50% of their typical business; he originally though sales would be down 80% during the initial phase of reopening. And Kohl’s CEO Michelle Gass said its
reopened stores now average about 75% of their normal levels. They both shared their thoughts at a virtual retail conference hosted by investment firm Cowen & Co.
Teen retailer American Eagle Outfitters is faring even better, averaging roughly 95% of their normal levels.
Still, just like before the pandemic, clothing stores are having a hard time competing with other types of
retailers. Foot traffic fell 59% at clothing stores for the week ended May 25 compared to the year-ago period, according to Placer.ai, an analytics firm that uses smartphone data to track consumer behavior. Home improvement retailers that were allowed to stay open saw foot traffic up 20% for that time period.
Anne D’Innocenzio; J. Paschke • AP
Will shoppers’ return last?
Source: Placer.ai * week ending May 25
Coming back?New cases of the coronavirus
from states that have reopened have created a
challenge to retailer’s recovery.
-59
-39
-67
-76%
-8
-10
20
Foot traffic measured from one year ago*
Home Improvement
Superstore
Grocery
Dining
Apparel
Electronics
Fitness
Investors cheered Dick’s Sporting Goods’ announcement that it would reinstate its dividend and open all its stores by June 30.
Pennsylvania-based Dick’s cited strong early sales at stores that have re-opened and said it has returned workers from furlough while restoring previously reduced salaries for all employees, except certain executives.
One of the largest national sporting goods chains, Dick’s closed all its stores
on March 19 due to the coronavirus outbreak and furloughed a “significant number” of its 41,600 employees in early April.
Dick’s reported earlier this month that while sales at established stores fell 29.5% in the first quarter, they are only down 4% through the first four weeks of the second quarter.
Dick’s Sporting Goods, which have been inching back toward pre-coronavirus levels, rose 9% to close at $39.41 on Friday.
APDiv. yield: 3.2% Dividend: $1.25
Dick’s Sporting Goods (DKS)
$13 $5052-WEEK RANGE
Play ball
Total return 1-yr 3-yrs* 5-yrs*DKS 14.9% -1.2 -6.1
*annualized Source: FactSet
Price-earnings ratio: 39(Based on past 12-month results)
Friday’s close: $39.41, +3.24
CompanySpotlight
Advanced 2119Declined 535New Highs 4New Lows 6
Vol. (in mil.) 5,580Pvs. Volume 6,661
4,1794,9602284
735218
NYSE NASDDOW 25965.55 25078.41 25605.54 +477.37 +1.90% t s s -10.28%DOW Trans. 9232.28 8855.12 9081.90 +242.54 +2.74% t s s -16.69%DOW Util. 810.19 782.86 793.00 -0.23 -0.03% t s s -9.80%NYSE Comp. 12030.94 11640.59 11867.17 +208.00 +1.78% t s s -14.70%NASDAQ 9768.64 9413.62 9588.81 +96.08 +1.01% t s s +6.87%S&P 500 3088.42 2984.47 3041.31 +39.21 +1.31% t s s -5.86%S&P 400 1793.49 1713.55 1759.91 +35.29 +2.05% t s s -14.69%Wilshire 5000 31452.08 30344.18 30947.19 +415.00 +1.36% t s s -5.90%Russell 2000 1412.91 1349.39 1387.68 +31.46 +2.32% t s s -16.83%
HIGH LOW CLOSE CHG %CHG WK MO QTR YTDSTOCKS RECAP
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D JJ F M A M
2,960
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3,240 S&P 500Close: 3,041.31Change: 39.21 (1.3%)
10 DAYS
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24,000
27,000
30,000
D JJ F M A M
25,040
26,320
27,600 Dow Jones industrialsClose: 25,605.54Change: 477.37 (1.9%)
10 DAYS
The Week Ahead
AP
Retail rebound?The shutdowns and stay-at-home orders due to the coronavirus have led to steep declines in retail sales nationwide.
Sales plunged by a record 16.4% in April. That followed a skid of 8.3% in March. But now that states have been easing restrictions on businesses, economists expect retail sales jumped 8.5% in May from the previous month. The Commerce Department issues its May tally of U.S. retail sales Tuesday.
Bumps in the roadCarMax serves up its latest quarterly report card Friday.
Wall Street expects the used car dealership operator’s fiscal first-quarter earnings and revenue declined from a year earlier. In April, CarMax warned that its sales would be down significantly as the coronavirus outbreak forced the company to shutter some of its locations. To cope, the company introduced curbside pickup and home delivery at most of its open locations.
Eye on housingNew government data on residen-tial construction should provide insight into the state of the new-home market.
The Commerce Department is expected to report Wednesday that builders broke ground on new single-family homes and apart-ments at a faster pace in May than in the previous month. U.S. home construction slowed in April to the lowest level in five years as the coronavirus pandemic shut-downs disrupted homebuilding, leading to a 30.2% drop in groundbreakings.
Housing startsseasonally adjusted
Source: FactSet
0.0
0.5
1.0
1.5
2.0 million
MAMFJD
est.1.20
1.59 1.57
2020
1.62
1.28
Retail sales seasonally adjusted percent change
Source: FactSet
-20
-15
-10
-5
0
5
10%
MAMFJD
est.8.5
0.1 -0.4 -16.4
2020
0.8 -8.3
0.89
NET 1YRTREASURIES LAST PVS CHG AGO
3.254.755.50
.131.632.38
PRIMERATE
FEDFUNDS
LAST6 MO AGO1 YR AGO
3-month T-bill .16 .16 ... 2.19
6-month T-bill .18 .17 +0.01 2.17
52-wk T-bill .17 .18 -0.01 2.00
2-year T-note .19 .19 ... 1.84
5-year T-note .32 .30 +0.02 1.82
7-year T-note .53 .49 +0.04 1.96
10-year T-note .69 .65 +0.04 2.09
30-year T-bond 1.45 1.40 +0.05 2.60
NET 1YRBONDS LAST PVS CHG AGO
Barclays Glob Agg Bd 1.02 1.03 -0.01 1.59
Barclays USAggregate 1.37 1.37 ... 2.65
Barclays US Corp 2.29 2.28 +0.01 3.39
Barclays US High Yield 6.26 6.25 +0.01 6.16
Moodys AAA Corp Idx 2.45 2.46 -0.01 3.51
10-Yr. TIPS 0 0 ... .37
Interestrates
The yield on the 10-year Treasury note rose to 0.69% on Friday. Yields affect rates onmortgages and other consumer loans.
Crude Oil (bbl) 36.26 36.34 -0.22 -40.6Ethanol (gal) 1.20 1.19 +0.50 -12.9Heating Oil (gal) 1.10 1.09 +1.23 -45.7Natural Gas (mm btu) 1.73 1.81 -4.52 -20.9Unleaded Gas (gal) 1.12 1.12 +0.49 -33.5
FUELS CLOSE PVS %CHG %YTD
Gold (oz) 1729.30 1732.00 -0.16 +13.8Silver (oz) 17.46 17.87 -2.28 -2.1Platinum (oz) 819.00 824.00 -0.61 -15.7Copper (lb) 2.60 2.59 +0.58 -6.9Palladium (oz) 1918.30 1889.90 +1.50 +0.5
METALS CLOSE PVS %CHG %YTD
Cattle (lb) 0.96 0.97 -0.77 -23.0Coffee (lb) 0.97 0.98 -0.72 -25.2Corn (bu) 3.30 3.30 +0.08 -14.9Cotton (lb) 0.60 0.60 -0.30 -13.3Lumber (1,000 bd ft) 355.80 350.70 +1.37 -12.3Orange Juice (lb) 1.23 1.29 -4.99 +26.4Soybeans (bu) 8.71 8.66 +0.61 -7.6Wheat (bu) 5.02 4.99 +0.55 -10.2
AGRICULTURE CLOSE PVS %CHG %YTD
CommoditiesEnergy prices were mixed,except fornatural gas, which fell. Gold and silver prices fell.
ForeignExchange
The dollar rose against the euro, British pound and theJapanese yen. The dollar also rose against the Canadian dollar but fell against the Mexicanpeso.
USD per British Pound 1.2491 -.0104 -.83% 1.2689Canadian Dollar 1.3614 +.0008 +.06% 1.3333USD per Euro 1.1233 -.0069 -.61% 1.1286Japanese Yen 107.45 +.64 +.60% 108.48Mexican Peso 22.3499 -.3789 -1.70% 19.1935
1YRMAJORS CLOSE CHG %CHG AGO
Israeli Shekel 3.4771 +.0219 +.63% 3.5823Norwegian Krone 9.6753 +.0584 +.60% 8.6648South African Rand 17.0697 -.1102 -.65% 14.8756Swedish Krona 9.3664 +.0388 +.41% 9.4710Swiss Franc .9544 +.0111 +1.16% .9957
EUROPE/AFRICA/MIDDLE EAST
Australian Dollar 1.4615 +.0009 +.06% 1.4437Chinese Yuan 7.0834 +.0183 +.26% 6.9178Hong Kong Dollar 7.7501 -.0000 -.00% 7.8250Indian Rupee 76.028 -.160 -.21% 69.403Singapore Dollar 1.3937 -.0004 -.03% 1.3670South Korean Won 1205.20 -2.80 -.23% 1184.42Taiwan Dollar 29.66 -.04 -.13% 31.42
ASIA/PACIFIC
Previous and change figures reflect current trading contract.
Interestrates Commodities ForeignExchange
THE WEEK AHEAD
