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The Street Reacts To Kroger's Q2 With Mixed Takeaways
Friday, September 13, 2019 - 11:50am | 679Kroger Co (NYSE: KR) reported second-quarter results that came in better than expected. The earnings beat may have been overshadowed by management's decision to remove its prior guidance of $400 million in incremental EBIT by fiscal 2021. Q2 A Mix Of Positives And Negatives Kroger's...
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Target's 'Transformational Quarter' Keeps Analysts Bullish On The Future
Thursday, August 22, 2019 - 11:42am | 746Target Corporation (NYSE: TGT) reported second-quarter results Wednesday morning, which sent shares higher by 20%. The department store giant not only reported a top- and bottom-line beat but management lifted its full-year earnings outlook higher. Here is a summary of how some of the Street...
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Retail Roundup: Target, Lowe's Report Earnings Beats; Pros Say Recession, Tariff Concerns Overblown
Wednesday, August 21, 2019 - 4:51pm | 727Wednesday's trading session was a busy day for investors with exposure to the retail space, as Target Corporation (NYSE: TGT) and Lowe's Companies, Inc. (NYSE: LOW) each reported strong second-quarter results. Three Tailwinds Target and Lowe's share three similar tailwinds that...
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Here Comes The Sun: Advance Auto Parts Analysts Bullish After Stormy Q2
Wednesday, August 14, 2019 - 1:06pm | 681Advance Auto Parts, Inc. (NYSE: AAP) turned in a disappointing second quarter Tuesday as car repair DIY-ers put off fixes due to bad weather. But sell-side analysts said the sun is coming back out for both the auto parts chain and its customers. Same-store sales growth was flat,...
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Analysts Remain Sidelined After Grocery Outlet's 'Impressive' Quarter
Wednesday, August 14, 2019 - 12:52pm | 436Value retailer Grocery Outlet Holding Corp (NASDAQ: GO) reported second-quarter results that were encouraging but two analysts aren't ready to recommend investors buy the stock. The Analysts Bank of America's Robert Ohmes maintains a Neutral rating on Grocery Outlet with a price target...
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Bed Bath & Beyond Plunges To New Lows After Earnings: Here's What The Street Is Saying
Thursday, July 11, 2019 - 12:15pm | 816Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported Wednesday fiscal first-quarter results, which sent the stock tumbling to its lowest level in over a decade. Here is a summary of how some of the Street's top analysts reacted to the print and management's guidance. The Analysts Wedbush'...
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UBS Stays Bullish On Home Depot After Meeting With Management
Monday, July 1, 2019 - 3:42pm | 353UBS analysts met with Home Depot Inc (NYSE: HD) executives and the three main takeaways prompted the research firm to reiterate a bullish stance on the stock. The Analyst UBS' Michael Lasser maintains a Buy rating on Home Depot with a $215 price target. The Thesis Home Depot presented a new...
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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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The Street's Reaction To Five Below's Earnings, Tariff Commentary
Thursday, June 6, 2019 - 11:10am | 614Five 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...
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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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The Street Is Mixed After Dollar Tree's Q1
Saturday, June 1, 2019 - 11:40am | 607Dollar store chain Dollar Tree, Inc. (NASDAQ: DLTR) reported Thursday first-quarter results, which received a mixed reaction from the Street. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts KeyBanc Capital Markets' Bradley Thomas maintains an...
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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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Analysts: Lowe's Sell-Off A Buying Opportunity
Monday, May 27, 2019 - 4:00pm | 675Lowe's Companies Inc (NYSE: LOW) stock finished the week 11.7-percent lower after the retailer reported lackluster earnings and cut full-year guidance Wednesday due to gross margin weakness. Sell-side analysts said the gross margin problem — which the company blamed on...
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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...
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After A Rainy Q1, Home Depot Analysts Look At Consumer Trends, Chinese Tariffs
Wednesday, May 22, 2019 - 4:58pm | 638Sales at Home Depot Inc (NYSE: HD) were dampened by the wet start to the year, but sell-side analysts disagreed Wednesday on whether broader economic issues will affect the big box retailer’s bottom line in the long run. The Analysts UBS analyst Michael Lasser maintained a Buy...