Daniel Binder

Wal-Mart Stores, Inc. (NYSE: WMT) continues to invest in its pricing, which is triggering headaches for many of its traditional and non-traditional peers. Daniel Binder, a consumer and retailer analyst at Jefferies, commented in a research note on Monday that his August pricing work shows Wal-Mart...

Five Below Inc (NASDAQ: FIVE), a specialty teen retailer that sells all items for $1 to $5 a piece, saw its stock dip after its second-quarter comp increase fell short of expectations, and the company's third quarter sales guidance implies a lower rate of growth. Following the selloff, several Wall...

Jefferies maintains its Buy rating on Ollie's Bargain Outlet Holdings Inc (NASDAQ: OLLI) after another quarter showed comp sales and EPS ahead and above Street expectations. The SSS increase of 3.5 percent came in ahead of Jefferies and the Street's expectations for +1.0 percent. The company...

Jefferies sees Wal-Mart Stores, Inc. (NYSE: WMT)'s second quarter same-store sales ahead of the Street and in-line on EPS, while maintaining its sales and EPS estimates for Target Corporation (NYSE: TGT). Wal-Mart Wal-Mart is expected to announce its second quarter results on August 18,...

Jefferies’ Daniel Binder mentioned that while the department store industries continues to be under pressure, various data sets and checks suggest that Kohl's Corporation (NYSE: KSS) is faring better than in Q1 due to better weather. Binder maintained a Buy rating on the company, with...

Jefferies’ Daniel Binder mentioned that store checks and Jefferies’ survey suggest Wal-Mart Stores, Inc.’s (NYSE: WMT) store improvements have been leading to improved store conditions, which are reflected in the Q1 sales results. Binder upgraded the rating on the company from...

Jefferies' retail expert Daniel Binder took a unique approach to evaluating Wal-Mart Stores, Inc. (NYSE: WMT) and its stock by visiting stores first hand. Speaking as a guest on CNBC, Binder said the New Jersey market used to contain some "pretty rough stores." However, the...

Jefferies expects "modest same-store sales growth from discounters in the range of 0.5–2.5 percent for Q1," and maintains its same-store sales estimate for major discount chains. The brokerage's same store sales estimates for various discount retailers are as follows: Wal-Mart Stores, Inc. (...

Jefferies analyst Daniel Binder has some high hopes for Lowe’s Companies, Inc. (NYSE: LOW) and Home Depot Inc (NYSE: HD) this earnings season. According to Binder, investors should expect earnings beats from both companies in Q1. However, he predicts it may take more than a modest beat to...

Jefferies has downgraded both Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP) to Hold from Buy, following the termination of their merger. Analyst Daniel Binder noted that their prior ratings were based on Staples successfully acquiring Office Depot and benefiting from $1...

Jefferies' Daniel Binder has maintained a Hold rating on Target Corporation (NYSE: TGT) with a price target of $78.00, while Credit Suisse's Michael Exstein has also maintained a Neutral rating with a price target of $72.00. Upbeat Analyst Day Likely "As we reflect on a lot of...