Consumer Biz Recap: Trouble for Starbucks, Home Depot IMPROVES Tech
Perhaps it’s a reversal of fortunes, at least for the moment, as coffee stocks trade lower as a group following word that arabica coffee futures turn up, while analysts report that bad weather for the crops in India could reduce this year’s harvest and potential export numbers. Feeling the new situation are shares of Green Mountain Coffee Roasters (NASDAQ:GMCR), Coffee Holding Company Inc. (NASDAQ:JVA), Starbucks (NASDAQ:SBUX), and Peet’s Coffee and Tea (NASDAQ:PEET).
Earnings Report: ConAgra Foods Earnings: Tops Estimates, Shares Tick Upward.
Have you noticed how much more attention they pay to you now? Home Depot (NYSE:HD) is now supplying more employees with mobile devices that help them assist customers in its huge stores. The move is part of a broader strategy that uses technology to create customer-friendly stores and to ideally bring more visits.
Investing Insights: Bed Bath & Beyond Earnings: Revenue Misses, Slowing Growth a Concern.
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