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The Latest Breaking News from DTC

House of the 'House of the Dragon' Is On Fire: Why Is Warner Bros. Discovery Stock Tanking?

Since being spun off from AT&T Inc. (NYSE: T), media company Warner Bros. Discovery (NASDAQ: WBD) has seen shares fall. An earnings report and a new strategy shift are sending shares down further Friday.

Read Needham's Take On Disney in Brief

Read Needham's Take On Disney in Brief

Needham analyst Laura Martin reiterated a Hold rating on Walt Disney Company (NYSE:DIS) while raising her FY22 EPS view to $4.05 from $3.72 in a note titled "DIS's Parks have Superpowers." Martin added $1.66 billion to her forecast for Operating Income for the Parks segment for Q2, doubling estimates to $3.3 billion on better than…

Why Canada Goose Shares Are Gaining Today

Why Canada Goose Shares Are Gaining Today

Canada Goose Holdings Inc (NYSE:GOOS) (TSX:GOOS) reported fourth-quarter FY22 sales growth of 6.8% to C$223.1 million versus C$208.8 million last year. DTC revenue grew 8% Y/Y, and wholesale revenue increased 3.5%. Gross profit rose 11.2% Y/Y to C$154.1 million, with the margin expanding 270 basis points to 69.1%. The operating margin contracted 300…

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Is Trouble Ahead For Netflix's US Dominance? Another Streaming Rival Reports Q1 Gains

Shares of many streaming-related companies were dragged down after market leader Netflix Inc (NASDAQ: NFLX) reported April 19 a loss in quarterly subscribers for the first time in over 10 years.

Cannabis Company Kiaro Announces DTC Eligibility Approval

Kiaro Holdings Corp. (OTCPK:KIARF) (TSXV:KO) , a national omnichannel cannabis retailer and wholesale distributor, announced that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company in the United States.

Zindzi Okenyo on racism in Australian theatre and honouring Saartjie Baartman in Seven Methods of Killing Kylie Jenner

Cultural appropriation and systemic racism has generations of young, black women doubting themselves – so did the performer and Play School host, until she decided to reclaim her power.

Xebra Stock Slightly Up On Receiving DTC Eligibility To Improve Liquidity And Access To U.S. Investors

Cannabis company Xebra Brands Ltd.'s (CSE:XBRA) (OTCQB: XBRAF) (FSE:9YC) common shares have been made eligible for book-entry and depository services of the Depository Trust Company to facilitate electronic clearing and settlement of transfers of its common shares in the United

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Here's How Morgan Stanley Views Disney

Here's How Morgan Stanley Views Disney

Morgan Stanley analyst Benjamin Swinburne lowered the price target on The Walt Disney Co (NYSE:DIS) to $170 from $185 and reiterated an Overweight rating on the shares. The price target implies an upside of 19.34%. Swinburne lowered his long-term direct-to-consumer margin expectations following the reset of his Netflix Inc (NASDAQ:NFLX) expectations. Related Content: Here Are Two IT Stocks…

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