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A Bull And Bear Analyze Costco's Q1 Earnings Print
Friday, December 14, 2018 - 12:22pm | 474Costco 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...
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What To Do With Kroger's Stock?
Friday, December 7, 2018 - 10:38am | 527Kroger Co (NYSE: KR) reported Thursday its third-quarter results highlighted by a top-and-bottom line beat, but a miss on the same-store sales line. Street analysts were mixed in their reaction with some recommending investors buy the stock and others suggesting to sit on the sidelines. The...
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The Street Reacts To Walmart's Q3
Friday, November 16, 2018 - 12:24pm | 700Retailer Walmart Inc (NYSE: WMT) reported third-quarter results Thursday highlighted by an earnings beat and the 16th consecutive quarter of rising comparable store sales. Here's what Street analysts are saying after the print. The Analysts Barclays' Karen Short...
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BMO Cites US Foods Analyst Day In Upgrade
Monday, March 19, 2018 - 2:03pm | 365US Foods Holding Corp (NYSE: USFD) last week hosted its analyst day presentation in which management's encouraging outlook implies there's "no reason to stay on the sidelines," according to BMO. The Analyst BMO Capital Markets' Kelly Bania upgraded US Foods from Market...
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Wall Street Debates Kroger After Disappointing 2018 Outlook
Monday, March 12, 2018 - 4:35pm | 606Grocery giant Kroger Co (NYSE: KR) reported fourth-quarter results that were mostly in-line with expectations, but its outlook for the full fiscal year sent the stock lower last week. The Analysts BMO Capital Markets' Kelly Bania maintains a Market Perform rating on Kroger'...
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Costco Upgraded As Analyst Projects A Widening Competitive Moat
Monday, December 18, 2017 - 1:01pm | 455Costco Wholesale Corporation (NASDAQ: COST) reported impressive fiscal first quarter earnings last week that solidified the bullish case for owning the stock, according to one Wall Street analyst. The Analyst BMO Capital Markets' Kelly Bania upgraded Costco's stock rating from...
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What Does Wall Street Think Of Costco Now?
Friday, October 6, 2017 - 2:32pm | 918Shares of Costco Wholesale Corporation (NASDAQ: COST) were trading lower by more than 5 percent on Friday after the company's fiscal fourth-quarter earnings report had many investors concerned with a dip in margins. Here is a roundup of what some of Wall Street's most notable analysts are saying...
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Bring Back Our Growth: United Natural Foods Serves Up Q4 Beat
Thursday, September 14, 2017 - 12:14pm | 806United Natural Foods, Inc. (NASDAQ: UNFI)'s earnings report Wednesday prompted a more than 10-percent rally in the stock by Thursday morning, but were the results good enough to impress Wall Street analysts? Bank Of America: Risks Ahead Bank of America's Marisa Sullivan maintains an Underperform...
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'Amazon Fears' Are Plaguing Costco, BMO's Retail Analyst Says In Downgrade Note
Monday, July 10, 2017 - 11:33am | 379Analysts at BMO Capital Markets' bullish stance on Costco Wholesale Corporation (NASDAQ: COST) no longer applies due to Amazon.com, Inc. (NASDAQ: AMZN)'s grocery ambitions. BMO's Kelly Bania downgrades Costco's stock rating from Outperform to Market Perform with a price target lowered from $185 to...
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The Costco Bull Thesis Played Out In June, But Will The Market Follow?
Friday, July 7, 2017 - 2:34pm | 351Following a strong sales update from Costco Wholesale Corporation (NASDAQ: COST), BMO Capital Markets analyst Kelly Bania reiterated an Outperform rating and $185 price target. The company’s same-store sales were up 6.3 percent in June, and supported by U.S. customer traffic of 4.5 percent....
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It May Take More Than A New Activist Stake To Power Whole Foods' Turnaround
Wednesday, April 12, 2017 - 1:55pm | 329Shares of Whole Foods Market, Inc. (NASDAQ: WFM) soared earlier this week after notable activist investor Jana Partners and a small group of partners disclosed an 8.3 percent stake in the organic grocer. Many investors assumed Jana's stake would pressure Whole Foods' management team to...
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Why Costco Had A Stronger Q1 Than You Think
Thursday, December 8, 2016 - 12:47pm | 295Costco Wholesale Corporation (NASDAQ: COST) saw its stock gain more than 3 percent on Thursday as investors reacted favorably to the company's fiscal first-quarter earnings report. Although some Wall Street analysts weren't particularly impressed with the earnings report, Kelly Bania of BMO Capital...
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For Kroger, Food Deflation Headwinds Subside As Wal-Mart Competition Picks Up
Tuesday, November 29, 2016 - 12:40pm | 221In anticipation of Kroger Co (NYSE: KR)'s Q3 report on Thursday, BMO Capital Markets analyst Kelly Bania maintains a Market Perform rating and a $35 price target for the food retailer, while slightly adjusting her thesis. Analyst's Take The analyst downgraded the stock in August to address the...
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All The Sell-Side Reactions To Whole Foods' Q4
Friday, November 4, 2016 - 9:01am | 582Investors 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...
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The Good, The Bad And The Outlook For Whole Foods
Thursday, November 3, 2016 - 11:04am | 371Shares of Whole Foods Market, Inc. (NASDAQ: WFM) were trading higher by more than 3 percent after the company reported its fourth-quarter results. According to Kelly Bania of BMO Capital Markets, Whole Foods' earnings report contained both encouraging and discouraging signs, which resulted in the...