Edward Kelly

Five Below Inc (NASDAQ: FIVE), a retailer that sells all products in store for $5 or less, reported fiscal first-quarter results and a plan to help mitigate any impact from tariffs. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Bank of America...

Kroger Co (NYSE: KR) hosted a meeting Wednesday to introduce new CFO Gary Millerchip. While the company did address some concerns, there continues to be a lack of clarity into the reasons for the grocery chain's poor fourth-quarter performance and why management expects a positive...

Dollar Tree, Inc. (NASDAQ: DLTR) reported a top-and-bottom line beat in its fourth-quarter results and simultaneously said it will shutter 390 Family Dollar stores. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts RBC Capital Markets' Scot...

Grocery chain Kroger Co (NYSE: KR) on Monday announced CFO J. Michael Schlotman will retire from the company in one year after holding the title since 2000. Schlotman will be replaced by Gary Millerchip, CEO of Kroger Personal Finance, in April 2019 at which point Schlotman will remain an executive...

Costco Wholesale Corporation (NASDAQ: COST) reported Thursday its fiscal first-quarter earnings, highlighted by a sales miss amid a more competitive environment, especially in the fresh-grocery category. Here is a summary of what two analysts on opposite sides of the trade are saying after the...

Sprouts Farmers Market Inc (NASDAQ: SFM) has ridden consumer sentiment, takeover speculation and strong first-quarter results to trade at its highest rate since Amazon.com, Inc. (NASDAQ: AMZN) bought out Whole Foods. But valuation may be peaking, according to Wells Fargo. The Rating Analysts Edward...

Costco Wholesale Corporation (NASDAQ: COST) is getting strong early returns from its e-commerce investing, and at least one Wall Street analyst says investors could expect some major returns from a special dividend coming sooner rather than later. The Analyst Wells Fargo analyst Edward Kelly...

Shares of Costco Wholesale Corporation (NASDAQ: COST) were trading lower by nearly 2 percent early Thursday afternoon after the company reported an earnings beat in its fiscal second quarter with revenue that fell slightly short of expectations. Rating, Price Target Changes Wells...

Dollar General Corp. (NYSE: DG)'s strategy of aggressively opening new stores prompted analysts at Wells Fargo to sit on the sidelines, but President Donald Trump's tax reform has now "dramatically improved" the dollar store's outlook for 2018. The Analyst Wells Fargo's...

The fidget spinning craze and strong first-quarter earnings report pushed Credit Suisse analyst Edward Kelly to keep his Outperform rating and raise his price target to $65 on Five Below Inc (NASDAQ: FIVE). What Is Driving The Upside? Five Below reported a very solid top-line earnings beat, and the...

Whole Foods Market, Inc. (NASDAQ: WFM)'s mostly in-line earnings report on Wednesday was accompanied with a notable change in the company's board composition. Facing pressure from activist investor and major Whole Foods shareholder Jana Partners, Whole Foods replaced five directors, named a new...

Credit Suisse maintains its Outperform rating on Whole Foods Market, Inc. (NASDAQ: WFM) despite weaker sales trends led to a quarterly revenue miss and lowering of the full-year outlook. Whole Foods reported first-quarter adjusted EPS of $0.39, in line with consensus. But, comps were down 2.4...

Investors initially reacted positively to Whole Foods Market, Inc. (NASDAQ: WFM)'s fourth-quarter results and the stock traded as high as $30.06 on Thursday. However, selling pressure resulted in the stock giving up all of its daily gains and closing lower by 0.18 percent on the day at $28.46. Here...

Credit Suisse analyst Edward Kelly is bearish on dollar stores Dollar General Corp. (NYSE: DG) and Dollar Tree, Inc. (NASDAQ: DLTR) and cut the target price for both stocks. On Dollar Tree, he maintains an Underperform rating and cut the target price from $76 to $69. On Dollar General, the analyst...

Shares of Whole Foods Market, Inc. (NASDAQ: WFM) have surged more than 5 percent after Credit Suisse upgraded the stock to Outperform from Neutral, saying a "50 percent drop in the stock price from its peak provides an attractive entry point." With fiscal 2015 sales of $15 billion,...