-
Best Buy's Comp Sales Turns Positive After 12 Quarters, Heightened Tariff Concerns Weigh On Outlook, Analysts Say
Wednesday, March 5, 2025 - 1:25pm | 679Best Buy Co Inc (NYSE:BBY) shares were rising on Wednesday, after the company reported upbeat fourth-quarter sales. The results came in amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Best Buy Analyst Kate McShane reaffirmed a Buy rating while reducing the...
-
Costco A Standout In Retail Sector For Analysts, But They Wonder Why No Membership Fee Hike
Friday, March 3, 2023 - 12:10pm | 787Retailer Costco Wholesale Corporation (NASDAQ: COST) reported second-quarter financial results after market close Thursday. Analysts are reacting to the results and what's next for the company. The Costco Analysts: Bank of America analyst Robert Ohmes had a Buy rating and a price...
-
Trading Strategies for Costco Stock Before And After Q2 Earnings
Thursday, March 2, 2023 - 4:15pm | 571Costco Wholesale Corporation (NASDAQ: COST) was trading slightly higher heading into its second-quarter financial results, set to print after the market close on Thursday. When the membership-only, big-box retailer printed its first-quarter results on Dec. 8, the stock was volatile the following...
-
BJ's Wholesale Signs Partnership With DoorDash: Will Costco And Sam's Club Make Similar Moves?
Monday, March 28, 2022 - 10:30am | 811A leading wholesale retailer is offering delivery with DoorDash in a move that could have a ripple effect on big-box membership retailers. Here’s the latest. What Happened: Retailer BJ’s Wholesale Club Holdings Inc (NYSE: BJ) announced a partnership with DoorDash Inc (NYSE: DASH)...
-
This Analyst Sees Better First Quarter For Target
Friday, February 21, 2020 - 12:58pm | 310Buying in big box discount stores is gaining momentum thanks to a combination of macroeconomic factors, with the improvement set to particularly benefit Target Corporation (NYSE: TGT), Bank of America said Friday. The Target Analyst Robert Ohmes has a Buy rating and $150 price target on Target. The...
-
Analysts Like Target's Strong Comps, Interested In Move To Omnichannel Business
Thursday, May 23, 2019 - 1:08pm | 691Target Corporation (NYSE: TGT)'s strong sales numbers have the sell-side bullish, with particular interest in the legacy retailer’s addition of digital order fulfillment to its apparent strengths. Target beat analysts' estimates on both earnings and sales in its first quarter report...
-
Who Reigns Supreme In Big Box Same-Store Sales?
Thursday, November 17, 2016 - 12:09pm | 604Retail earnings are upon us and earnings news from one of the most vibrant sectors is flowing in thick and past. Quarterly numbers from these companies and the trend thus far into November make a good starting point to gain some insights into what is in store for them this holiday selling season,...
-
Citi Responds To Clients' Complaints Following Initiated Coverage Of Wal-Mart, Costco And Target
Tuesday, November 24, 2015 - 3:13pm | 493Citi's Kate McShane recently began coverage of Target Corporation (NYSE: TGT), Wal-Mart Stores, Inc. (NYSE: WMT) and Costco Wholesale Corporation (NASDAQ: COST). McShane added that the stocks are "highly controversial," as many of the firm's clients questioned the analyst's findings. The analyst...