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4 Costco Analysts On Q1 Earnings Miss: 'Consumables Strength And Improving Membership'
Friday, December 9, 2022 - 4:11pm | 490Costco Wholesale Corporation (NASDAQ: COST) shares were trading higher after the company reported a mixed start to its new fiscal year on Thursday afternoon. Costco reported fiscal first-quarter adjusted EPS of $3.07 on revenue of $53.44 billion. Both numbers missed consensus analyst estimates...
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Why These 7 Walmart Analysts Are Bullish About Bentonville's Future After Q3 Earnings
Wednesday, November 16, 2022 - 12:43pm | 697Walmart Inc (NYSE: WMT) reported better-than-expected third-quarter results Tuesday and raised its outlook. Here's what the Street has to say. BofA Securities On Walmart Analyst Robert Ohmes maintained a Buy rating on Walmart while raising the price target from $155 to $165. Walmart...
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3 Costco Wholesale Analysts Give Their Takeaways On Mixed Results: What's Next?
Friday, September 23, 2022 - 11:47am | 447Costco Wholesale Corporation (NASDAQ: COST) Thursday reported revenues of $72.09 billion, topping Street expectations. However, the company’s gross margins contracted by around 80 basis points to 10.18%. BofA Securities on Costco Wholesale Analyst Robert Ohmes maintained a Buy rating and a...
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4 Analyst Takeaways From Target Earnings
Thursday, August 18, 2022 - 12:00pm | 463Target Corporation (NYSE: TGT) reported second-quarter revenues of $26.04 billion — just shy of a consensus estimate of $26.09 billion. Adjusted earnings were 39 cents per share, missing expectations of 73 cents per share. Raymond James On Target Analyst Bobby Griffin reaffirmed a Strong Buy...
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Walmart Issues Profit Warning, But These 6 Analysts Remain Optimistic On The Retail Giant
Tuesday, July 26, 2022 - 11:57am | 718Walmart Inc (NYSE: WMT) reduced its guidance for the current quarter and full year, citing rising prices for food and fuel. Here are the reactions of six top analysts. RBC Capital Markets On Walmart Analyst Steven Shemesh reiterated an Outperform rating, while reducing the price target from $153 to...
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5 Walmart Analysts React To Mixed Q1 Earnings: 'Particularly Attractive Buying Opportunity'
Wednesday, May 18, 2022 - 3:47pm | 574Walmart Inc (NYSE: WMT) shares were in the clearance aisle Wednesday after the company reported rising costs related to supply chain problems and inflation in the first quarter. On Tuesday, Walmart reported adjusted first-quarter EPS of $1.30, missing consensus analyst estimates of $1.48....
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Benzinga's Daily Brief On Trending Tickers For May 18, 2022: Target, Lowe's, Twitter, ZIM And More
Wednesday, May 18, 2022 - 10:27am | 478Benzinga’s “Daily Brief On Trending Tickers” features top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers...
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Kroger Stock Jumps After Q3 Earnings: Analysts React To Booming Grocery Demand, Food Inflation
Friday, December 3, 2021 - 2:54pm | 492Shares of Kroger Co (NYSE: KR) pulled back on Friday after the grocery stock’s big post-earnings gains on Thursday. Kroger reported third-quarter adjusted EPS of 78 cents on revenue of $31.9 billion. Both numbers beat consensus analyst estimates of 66 cents and $31.23 billion, respectively....
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The Street Debates Whether Costco Investors Should Buy The Dip
Friday, September 25, 2020 - 11:04am | 699Costco Wholesale Corporation (NASDAQ: COST) reported a top-and-bottom line beat in the fourth quarter, but shares moved lower following the earnings release Thursday afternoon. Here's how the Street reacted. The Costco Analysts: BofA Securities analyst Robert Ohmes maintained a...
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Sysco Delivers: Street Remains Bullish On Food Service Company After Q4 Beat
Tuesday, August 13, 2019 - 11:56am | 480Wall Street analysts remained bullish on Sysco Corporation (NYSE: SYY) Tuesday after the food distributor beat expectations on earnings despite lower volume growth thanks to strong cost containment. Sysco posted fourth-quarter earnings of $1.10 per share, topping the Street’s $1.06 estimate,...
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BMO Capital Markets Downgrades Sprouts Farmers Market Citing Tougher Macro Trends
Friday, August 2, 2019 - 6:12pm | 258Sprouts Farmers Market Inc (NASDAQ: SFM) has limited options to turn around comps, given growing challenges with food retail becoming increasingly digital, according to BMO Capital Markets. The Analyst BMO’s Kelly Bania downgraded Sprouts Farmers Market to Underperform while...
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Kroger's Q1 Draws Tepid Reaction From Analysts, Investors Pull Back
Friday, June 21, 2019 - 3:16pm | 606Kroger Co (NYSE: KR) shares slumped Friday after the grocery chain reported lackluster identical store sales that were below company expectations. Sell-side analysts were mostly forgiving, saying that expectations are modest — and the chain’s online efforts could be...
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3 Analysts Are More Bullish On Dollar General Post Q1 Beat
Sunday, June 2, 2019 - 3:40pm | 549Dollar store chain Dollar General Corp. (NYSE: DG) reported Thursday first quarter results which came in better than expected and prompted at least three Street analysts to become incrementally bullish on the stock. The Analysts KeyBanc Capital Markets' Bradley Thomas maintains at Overweight,...
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These Analysts Say The Bullish Case For Costco Remains Unchanged
Friday, May 31, 2019 - 11:32am | 511Costco Wholesale Corporation (NASDAQ: COST) reported Thursday fiscal third-quarter results. Two Street analysts reaffirmed a bullish stance on the stock. UBS: 'Steady Results' Costco reported "another set of steady results" highlighted by a consistent worldwide renewal rate of 88....
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The Street Reacts To Target's Q4 Earnings, Analyst Day
Wednesday, March 6, 2019 - 5:36pm | 561Target Corporation (NYSE: TGT) followed up its fourth-quarter earnings report Tuesday with an analyst day presentation, which garnered a mixed reaction. Reasonable Earnings Growth Outlook One of the key highlights from Target's earnings report is 31-percent growth in digital sales and the...