Netflix Stock Downgraded by Wells Fargo: Street-Low $57 Target
Netflix shares fell 4.8% as Wells Fargo downgraded NFLX to Underweight with a $57 target, citing an 8% slide in subscriber viewing hours.
Consumer & Retail
Coverage of retailers and consumer companies, including earnings, demand trends, pricing, margins, and capital allocation. We use reported results and primary disclosures to explain what changed.
Asset-Backed Securities (ABS) Explained: Structure & Tranches
Learn how asset-backed securities (ABS) turn loans into liquid bonds, how tranche waterfalls work, and how credit enhancement protects senior noteholders.
Lululemon Plunges 12% as FY26 Guidance Cut Eclipses Beat
LULU beat Q1 FY26 but cut full-year guidance by ~$350M after Americas comps fell 5%. Pre-market: -12.6%. The international story is still working.
Best Buy Jumps 18% on Q1 Beat, Names Bonfig as Next CEO
Best Buy comp sales rose 2% in Q1 FY27, EPS jumped 38% to $1.31, and CFO Jason Bonfig will succeed Corie Barry as CEO on Nov 1. Stock +18%.
DICK’S Q1: Sales +63%, Stock -6% on EPS Outlook Cut
DICK’S Sporting Goods Q1 sales jumped 63% as Foot Locker turned profitable, but DKS fell 5.97% after the retailer trimmed its GAAP EPS outlook.
Leveraged Buyouts 101: How LBOs Actually Work
How buyout funds use debt to acquire companies — the capital stack, IRR math, value-creation levers, and when LBO math breaks.