-
Tanger Factory Outlets Traded Lower After Earnings, Despite 2014's 23% Rent Bumps
Friday, February 13, 2015 - 1:36pm | 763Tanger Factory Outlet Centers Inc. (NYSE: SKT), the only pure-play outlet mall operator in the shopping center/mall REIT space, appears to be doing a lot of things right. During Wednesday's Q4 2014 earnings call, Tanger reported these highlights: AFFO per share of $1.97, a 4.8 percent increase...
-
Goldman Sachs Removes Ross Stores From 'Conviction List'
Wednesday, December 3, 2014 - 1:39pm | 200Stephen Grambling of Goldman Sachs removed shares of Ross Stores, Inc. (NASDAQ: ROST) from the Goldman Sachs “Conviction List” but maintained a Buy rating with a $99 price target. “We continue to view Ross Stores as a long-term secular winner, with opportunity to grow its...
-
Wedbush Previews Retailers, Recommends Ross Stores Ahead Of Earnings
Monday, November 17, 2014 - 9:43am | 328Morry Brown of Wedbush previewed Ross Stores, Inc. (NASDAQ: ROST), TJX Companies Inc (NYSE: TJX) and Zumiez Inc. (NASDAQ: ZMZ) ahead of their earnings reports. Ross Stores: Favorite Name Ross Stores is Brown's favorite name heading into the third quarter given the company's...
-
Earnings Expectations For The Week Of May 19: More Big-Box Retailers
Sunday, May 18, 2014 - 5:29pm | 985Wal-Mart (NYSE: WMT) kicked off earnings season for the big retailers last week with disappointing first-quarter results. Taking their turns on the earnings stage this week are Best Buy (NYSE: BBY), Home Depot (NYSE: HD), Target (NYSE: TGT) and several more retailers. Below is a brief look at...
-
Earnings Expectations For The Week Of February 24: Best Buy, Home Depot & More
Monday, February 24, 2014 - 8:19am | 1002Last week, Wal-Mart (NYSE: WMT) kicked off the parade of big retailers stepping into the earnings spotlight by offering up subpar same-store sales and weak guidance for the year. Inclement weather got some of the blame. Will that be so for Best Buy (NYSE: BBY), Gap (NYSE: GPS), Home Depot (NYSE...
-
Earnings Expectations For The Week Of November 18: More Retailers On Deck
Sunday, November 17, 2013 - 4:40pm | 1175The focus is on retail as the as the crucial holiday shopping season is set to get underway. Last week, Walmart (NYSE: WMT) and Kohl's (NYSE: KSS) offered weak third-quarter results, while Macy's (NYSE: M) and Nordstrom (NYSE: JWN) turned in earnings beats. Plenty more retailers are on deck this...
-
Earnings Expectations For The Week Of August 19
Sunday, August 18, 2013 - 11:52am | 1241The earnings season for the big retailers is underway. Last week's second-quarter reports from Walmart (NYSE: WMT), Macy's (NYSE: M), Nordstrom (NYSE: JWN) and Kohl's (NYSE: KSS) may have been solid, but weak outlooks for the rest of the year disappointed investors. Many more retailers are on...
-
Earnings Expectations for the Week of May 20
Sunday, May 19, 2013 - 11:22am | 1197The start of the retail earnings season last week was a mixed bag. Quarterly results from Walmart (NYSE: WMT), Kohl's (NYSE: KSS) and Nordstrom (NYSE: JWN) ranged from so-so to disappointing, while J.C. Penney (NYSE: JCP) posted a larger-than-expected net loss. Macy's (NYSE: M) was the standout,...
-
Foot Locker and Other Specialty Retail Stocks Favored by UBS
Thursday, May 16, 2013 - 11:04am | 998A new report by analysts at UBS (NYSE: UBS) suggests there may be little upside ahead for department stores, due to such things as high inventories and unfavorable weather in the first quarter. However, they feel the prospects for some specialty retailers look more appealing. Four of the stocks...
-
Earnings Expectations for the Week of March 18
Sunday, March 17, 2013 - 3:16pm | 913Here is a quick look at what analysts expect to see from FedEx (NYSE: FDX), Oracle (NASDAQ: ORCL), Nike (NYSE: NKE) and some of the other most prominent quarterly reports scheduled for this week. FedEx Third-quarter fiscal 2013 earnings from this ostensible economic bellwether are expected to...
-
Why Coach, Limited Brands and TJX Caught Sterne Agee's Eye (COH, LTD, TJX)
Monday, March 4, 2013 - 1:36pm | 872Earlier Monday, brokerage firm Sterne Agee initiated coverage on a number of specialty retailers, citing strong growth prospects and longer-term fundamentals that are underappreciated or misunderstood. Among those retailers that Sterne Agee initiated with Buy ratings were Coach (NYSE: COH),...
-
Earnings Previews: Dollar Tree and TJX Companies
Monday, February 25, 2013 - 4:51pm | 786Discount retailers Dollar Tree (NASDAQ: DLTR) and TJX Companies (NYSE: TJX) are scheduled to share their fourth-quarter and full fiscal year results Wednesday morning before the opening bell. Retailers that cater to lower and middle income customers benefitted from belt tightening during the...
-
Barron's Recap (12/29/12): The End of Cash?
Sunday, December 30, 2012 - 12:33pm | 843This weekend in Barron's online: the move toward a cashless society, the fiscal cliff, investing strategies for January and Barron's 12th annual forecasting challenge. Cover Story "The End of Cash?" by Alexander Eule. While the amount of cash in circulation is on the rise -- a record three...
-
Short Interest Swings in Retail Stocks (BBY, DG, TJX)
Wednesday, December 12, 2012 - 3:27pm | 792The short interest in big retail companies was mixed as the holiday shopping season got underway. Shares sold short in Amazon.com (NASDAQ: AMZN), CVS Caremark (NASDAQ: CVS), Lowe's (NASDAQ: LOW) and Target (NYSE: TGT) increased somewhat between the November 15 and November 31 settlement dates....
-
Earnings Expectations for the Week of November 12
Sunday, November 11, 2012 - 7:08pm | 869While the consensus forecasts call for year-over-year earnings growth from the likes of Cisco Systems (NASDAQ: CSCO), J.M. Smucker (NYSE: SJM) and Viacom (NASDAQ: VIAB) -- as well as lower per-share earnings from Dell (NASDAQ: DELL) -- when they share their most recent quarterly results this week,...