Outdoor furniture sales up as coronavirus cancels summer vacations, keeping many at home

After months of staying indoors, Americans are investing in their outdoor spaces.

Furniture retailers have seen a spike in outdoor home items like patio chairs, gardening tools, pool floats and grills with stay-at-home orders still in place in many states due to the coronavirus pandemic and what’s looking like a stagnant summer for travel lovers.

Overstock.com saw patio furniture sales increase a whopping 225 percent year over year since April 1. Outdoor recreational items like pool and gardening items saw 360 percent year-over-year growth since April 1. The outdoor recreational item sales outpaced Overstock.com’s top-selling category, office furniture, which

Read More

Stocks Slide About 2%, Ending NASDAQ’s Six-Day Run

SPECIAL ALERT: The May episode of the Zacks Ultimate Strategy Session is now available for viewing! Tune in to this “must-see” event when Kevin Matras, David Bartosiak, Dr. John Blank and Sheraz Mian discuss the investment landscape from several angles. Don’t miss your chance to hear:

▪ Sheraz and John Agree to Disagree on whether Coronavirus issues are the only things that matter to stocks or if other issues matter
▪ Kevin answers why stocks are going up when the economic reports are so bad in Zacks Mailbag
▪ Sheraz and David choose one portfolio to give feedback for improvement

Read More

Edited Transcript of ADC earnings conference call or presentation 21-Feb-20 2:00pm GMT

FARMINGTON HILLS Mar 16, 2020 (Thomson StreetEvents) — Edited Transcript of Agree Realty Corp earnings conference call or presentation Friday, February 21, 2020 at 2:00:00pm GMT

* Clayton R. Thelen

* Joel N. Agree

Capital One Securities, Inc., Research Division – Senior VP & Lead Equity Research Analyst

Ladenburg Thalmann & Co. Inc., Research Division – Associate

Joh. Berenberg, Gossler & Co. KG, Research Division – Analyst

Janney Montgomery Scott LLC, Research Division – MD, Head of Real Estate Research & Senior Research Analyst

Good morning and welcome to the Agree Realty Fourth Quarter and Full Year 2019 Conference Call. … Read More