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Stockreport

Trader Joe's Customers Are Pissed Over Banana Prices Increasing For The First Time In 20 Years [Yahoo! Finance]

Walmart Inc. (WMT)  More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Bananas have long been at the top of that list of products—that is, until now. The cost of bananas is beginning to take a hit, and to the shock of many shoppers, Trader Joe's even raised the price of its bananas for the first time in two decades. The bananas, which were previously 19 cents each, are now 23 cents each. It may not sound like much, but that's actually a 21 percent increase. “We only change our prices when our costs change, and after holding our price for bananas at 19¢ each for more than two decades, we've now reached a point where this change is necessary,” a spokesperson for Trader Joe's shared with the Associated Press And surprise, surprise, inflation is once again the culprit for the rising cost of bananas. According to the AP, fertilizer, pesticide, and transportation prices have all increased due to inflation, subsequently causing the cost of farming bananas to increase. Because of these rising costs it was only a matter of time before it trickled down to co [Read more]
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Stockreport

Trader Joe's Customers Are Pissed Over Banana Prices Increasing For The First Time In 20 Years [Yahoo! Finance]

Walmart Inc.  (WMT) 
More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Bananas have long been at the top of that list of products—that is, until now. The cost of bananas is beginning to take a hit, and to the shock of many shoppers, Trader Joe's even raised the price of its bananas for the first time in two decades. The bananas, which were previously 19 cents each, are now 23 cents each. It may not sound like much, but that's actually a 21 percent increase. “We only change our prices when our costs change, and after holding our price for bananas at 19¢ each for more than two decades, we've now reached a point where this change is necessary,” a spokesperson for Trader Joe's shared with the Associated Press And surprise, surprise, inflation is once again the culprit for the rising cost of bananas. According to the AP, fertilizer, pesticide, and transportation prices have all increased due to inflation, subsequently causing the cost of farming bananas to increase. Because of these rising costs it was only a matter of time before it trickled down to co [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WMT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS