A cheap and cheerful treasure hunt? American consumers are saying: yes, please. As evidence, Dollar Tree just delivered one of its strongest quarters in years — an emphatic reminder that, in a stressed consumer economy, discount retailers can win big. In the third quarter, Dollar Tree posted 9.4% sales growth to nearly $5 billion, with same-store sales up over 4%, driven almost entirely by a 4.5% jump in average ticket size. That’s a remarkable result in an environment where traffic across much of retail ...

Group 1: Glencore's Copper Business Expansion - Glencore aims to exceed 1 million tonnes of annual base copper production by the end of 2028, with a target of approximately 1.6 million tonnes by 2035 [2][9] - The company plans to restart the Alumbrera copper mine in Argentina in Q4 2026, with first production expected shortly thereafter [2][9] - Glencore anticipates a 4% annual compound growth rate in copper equivalent production from 2026 to 2029 [2][9] Group 2: Macy's Q3 Performance - Macy's reported adjusted earnings per share (EPS) of $0.09, significantly beating the estimated loss of $0.14 [3][9] - Total revenue reached $4.91 billion, surpassing the consensus estimate of $4.75 billion, driven by net sales of $4.71 billion [3][9] - Despite strong Q3 results, Macy's provided a cautious full-year outlook, projecting adjusted EPS between $2.00 and $2.20, below the estimated $2.37 [3][9] Group 3: Dollar Tree's Q3 Earnings - Dollar Tree reported adjusted EPS of $1.21, outperforming the $1.07 estimate, on revenue of $4.75 billion, slightly above the forecast of $4.7 billion [4][9] - The company expects full-year net sales between $19.35 billion and $19.45 billion and adjusted EPS in the range of $5.60 to $5.80 [4][9] - Dollar Tree's Q4 outlook includes comparable store net sales growth of 4.0% to 6.0% and adjusted EPS from continuing operations of $2.40 to $2.60 [4][9] Group 4: US Mortgage Market Update - The US Mortgage Bankers Association reported a 1.4% decrease in mortgage applications week-over-week as of November 28 [5][9] - The 30-year mortgage rate decreased slightly to 6.32% from the previous 6.40% [5][9] Group 5: National Bank of Canada Q4 Earnings - National Bank of Canada announced adjusted EPS of C$2.82, surpassing the estimated C$2.63 [6] - The bank reported adjusted revenue of C$3.70 billion, exceeding the C$3.45 billion estimate [6] - The quarterly dividend was raised by C$0.06 to C$1.24 per share [6]

Core Insights - Dollar Tree's stock is experiencing an upward trend due to its appealing assortment of bargains, with the average item price at $1.40, encouraging increased consumer spending in its stores [1] Company Summary - The discount retailer Dollar Tree is successfully attracting customers by offering a variety of low-cost items, which has led to higher spending per visit [1]

Core Insights - The low-cost retailer has exceeded consensus earnings forecasts and has raised its fiscal-year outlook [1] Financial Performance - The company reported earnings that surpassed market expectations, indicating strong financial health and operational efficiency [1] Future Outlook - Following the positive earnings report, the company has increased its fiscal-year guidance, suggesting confidence in continued growth and performance [1]

Core Insights - Dollar Tree is preparing for its quarterly earnings release on December 3, 2025, with significant attention from investors and analysts [1] - Analysts estimate a 2.7% decline in earnings per share (EPS) to $1.09 and a 37.3% decrease in revenue to approximately $4.69 billion for the upcoming quarter [2][6] - The decline in revenue is attributed to challenges such as tariff timing and increased selling, general, and administrative (SG&A) expenses, particularly higher labor costs [2] Investment Dynamics - Franklin Resources Inc. has reduced its investment in Dollar Tree by 5.3%, now holding 64,288 shares valued at around $6.4 million [3] - Conversely, TD Private Client Wealth LLC and Brooklyn Investment Group have increased their stakes, indicating mixed investor sentiment towards Dollar Tree's market prospects [3] Strategic Focus - Despite the anticipated revenue and earnings decline, Dollar Tree's strategy emphasizes multi-price growth, strong customer traffic, and store conversions to enhance revenue [4][6] - The price-to-sales ratio is approximately 1.07, suggesting that investors are paying $1.07 for every dollar of sales [4] Financial Stability - Dollar Tree's debt-to-equity ratio stands at roughly 1.36, indicating a higher reliance on debt compared to equity [5] - The current ratio is about 1.04, reflecting a modest level of short-term financial health, with current assets slightly exceeding current liabilities [5] - The investment community is closely monitoring Dollar Tree's strategic moves and performance outcomes as it navigates these financial challenges [5]

Core Viewpoint - UBS has raised its price target for Ollie's Bargain Outlet to $141 from $140 while maintaining a Neutral rating, indicating a positive outlook on the company's performance amid favorable conditions for closeout retailers [1] Group 1: Financial Performance - UBS estimates same-store sales growth of 4.0%, aligning with consensus and close to the company's guidance of around 3%, but below buy-side expectations of approximately 5% [1] - The performance reflects a 730-basis-point sequential slowdown on a two-year stack and an 820-basis-point deceleration on a three-year basis, although the three-year stack remains 40–80 basis points above Ollie's results from Q1 2025 and Q4 2024 [2] Group 2: Events Impacting Sales - The Q2 2025 results were positively influenced by the company's Ollie's Days event, which contributed about 100 basis points to same-store sales, along with a second Ollie's Army Night event [2]

Ross Stores (ROST) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a chang ...

Welcome to Yahoo Finance's flagship show, Morning Brief, presented by Robin Hood, the home to commission free trading. I'm Julie Hyman. Let's get to the three things you need to know today.First up, US stock futures kicking off December trading in the red. Equities are sliding with risk assets after the S&P 500 barely managed to eek out a seventh straight month of gains. Crypto in particular is under pressure this morning.Bitcoin falling below $86,000 per token, bringing momentum back to the selloff that ha ...

Core Viewpoint - Target's stock is currently trading at a low price, with a price-to-earnings ratio of less than 11, raising questions about whether it represents a bargain or a value trap [1] Company Performance - Target has faced significant challenges, particularly as its core customers reduce discretionary spending due to high inflation [2] - Revenue declined by 1.5% in the third quarter of fiscal 2025, with comparable sales down 2.7%, leading to a decrease in earnings per share from $1.85 to $1.51 [3] Digital Sales - Despite overall sales struggles, digital sales have shown resilience, with digital comparable sales increasing by 2.4%, driven by a 35% rise in same-day options from Target's membership program [4] Competitive Landscape - Target's main competitors, Walmart and Costco, have performed better, with Walmart's comparable sales up 4.5% and Costco's up 5.7% in their most recent quarters [5] - Off-price retailer TJX Companies also reported a 5% year-over-year sales increase, highlighting Target's competitive challenges [5] Stock Performance - Target's stock has lost half its value over the past five years, erasing all pandemic gains, while the S&P 500 has risen significantly [6] - The company is undergoing a CEO transition, with Michael Fiddelke set to take over in January, although economic headwinds remain a concern [6] Key Financial Metrics - Current market capitalization is $41 billion, with a current stock price of $90.62 and a dividend yield of 5% [7] - Target has a gross margin of 25.36% and has consistently raised its dividend for 54 years, making it a "Dividend King" [7] Investment Considerations - Dividend investors may find the current yield attractive, as Target is known for reliable dividend growth and payments [8] - There is potential for stock price recovery if economic conditions improve, but caution is advised regarding timing [9]

Market Overview - US stock futures declined on the first trading day of December, with Dow Jones Industrial Average futures falling by 0.4%, S&P 500 futures down 0.5%, and Nasdaq 100 futures decreasing by 0.7% [1] - The declines followed a holiday-shortened week where the S&P 500 surged 3.7%, Nasdaq Composite jumped nearly 5%, and Dow logged a solid 3.2% gain [2] Seasonal Trends - December is historically one of the market's friendliest months, often boosted by the "Santa Clause rally" during the Christmas break [3] - Analysts are cautious about a booming holiday season this year due to unpredictable market behavior throughout the year [3] Economic Indicators - The Thanksgiving week rally was largely driven by rising hopes for an interest rate cut from the Federal Reserve, with over 85% of bets on a quarter-point cut next week [4] - Economic releases are returning to normal after a government shutdown, with key reports including September's Personal Consumption Expenditures index and private reports on manufacturing and service sector activity [5] Corporate Earnings - Corporate earnings reports are expected this week from bargain retailers Dollar Tree, Dollar General, and Five Below, as well as tech companies Salesforce and CrowdStrike [6]