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Bet on E-commerce Growth with Groupon and CarGurus
ZACKS· 2025-07-11 16:30
2025 is shaping up to be a good year for the ecommerce industry, as it continues to take away slices of the total retail pie. Commerce Department numbers are proof of this trend: ecommerce sales in the first quarter of 2025 grew 6.1% over 1Q24 (virtually unchanged sequentially), with total retail sales increasing 4.5% (0.4% sequentially). Ecommerce accounted for around 16.2% of total U.S. retail sales.The first quarter follows the seasonally stronger holiday quarter, so growth rates usually moderate at arou ...
Nordstrom Rack to Open New Location in Flower Mound, TX
Prnewswire· 2025-06-09 14:00
Core Insights - Nordstrom, Inc. plans to open a new Nordstrom Rack in Flower Mound, TX in fall 2025, expanding its presence in the Texas market [1][2] - The new store will be 30,000 square feet and located at The Highlands of Flower Mound, a shopping center that includes other major retailers [1][3] - Nordstrom Rack offers discounts of up to 70% on various products and plays a key role in the company's strategy to enhance customer experience [2][3] Company Expansion - The new location will increase Nordstrom's physical footprint in Texas, where it currently operates eight Nordstrom stores and 24 Nordstrom Rack stores, generating over 3,600 jobs statewide [3] - The opening aligns with Nordstrom's "Closer to You" strategy, which focuses on providing a more interconnected shopping experience across physical and digital platforms [2][3] Community Engagement - Nordstrom has invested over $2 million in community support through its partnership with Big Brothers Big Sisters of the United States over the past four years [4] - The company emphasizes its commitment to serving diverse communities and enhancing customer experiences [4][5] Retail Strategy - Nordstrom Rack serves as the largest source of new customers for Nordstrom, offering a wide range of products at competitive prices [2][3] - The interconnected retail model allows customers to shop conveniently through various channels, including in-store and online [5]
SKYX to Be Added to Russell 2000® and Russell 3000® Indexes
Globenewswire· 2025-05-27 14:39
Core Insights - SKYX Platforms Corp. is set to be added to the Russell 2000® and Russell 3000® Indexes, effective June 27, 2025, following the 2025 annual reconstitution [1][2] - The inclusion in these indexes is expected to enhance investor awareness and increase institutional ownership of SKYX's technology platform [3] Company Overview - SKYX is a smart home platform technology company with over 97 issued and pending patents globally and a portfolio of over 60 lighting and home décor websites [1][4] - The company's mission is to make homes and buildings smart, safe, and advanced, positioning its products as essential in both residential and commercial segments [4] Market Context - The Russell indexes rank the largest U.S. public companies by total market capitalization, with approximately $10.6 trillion in assets benchmarked to these indexes [2][3] - Inclusion in the Russell 3000® Index provides automatic membership in either the large-cap Russell 1000® Index or the small-cap Russell 2000® Index, along with relevant growth and value style indexes [2]
Zillow (ZG) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-08 00:05
Zillow Group (ZG) reported $598 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 13%. EPS of $0.41 for the same period compares to $0.36 a year ago.The reported revenue represents a surprise of +1.61% over the Zacks Consensus Estimate of $588.55 million. With the consensus EPS estimate being $0.43, the EPS surprise was -4.65%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...
DHI Group (DHX) Q1 Earnings Surpass Estimates
ZACKS· 2025-05-07 23:20
DHI Group (DHX) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 300%. A quarter ago, it was expected that this provider of websites and career fairs for professionals would post earnings of $0.03 per share when it actually produced earnings of $0.07, delivering a surprise of 133.33%.O ...
Emerald Holding(EEX) - 2025 Q1 - Earnings Call Presentation
2025-05-01 11:11
Emerald Holding, Inc. First Quarter 2025 To the extent this presentation includes information concerning the industry and the markets in which the Company operates, including general observations, expectations, market position, market opportunity and market size, such information is based on management's knowledge and experience in the markets in which the Company operates, including publicly available information from independent industry analysts and publications, which the Company believes to be reasonab ...