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Oppenheimer Visits Whole Foods' New 365 Stores
Tuesday, August 16, 2016 - 2:20pm | 351Whole Foods Market, Inc. (NASDAQ: WFM) has seen its stock decline nearly 8 percent since the start of 2016. The bull versus bear debate has been described by one analyst as "fiercely divided," as the long-term impact of the company's new "365" concept stores are not yet known. Checking In In a...
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Hain Celestial: This Is Not The Trade You Were Looking For
Tuesday, August 16, 2016 - 12:22pm | 244Hain Celestial Group Inc's (NASDAQ: HAIN) surprise announcement on Monday that it needs to delay the release of its earnings and a warning that it won't be able to achieve its prior guidance sent shares tumbling nearly 30 percent to $39.77. It seems obvious enough, but Oppenheimer's...
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Oppenheimer Continues To Leave Sprouts Farmers Market Shares On The Shelf
Thursday, August 11, 2016 - 1:35pm | 229Oppenheimer walked away positive after management meetings with Sprouts Farmers Market Inc (NASDAQ: SFM). But, the brokerage maintained its Perform rating on the stock due to the challenging environment with a heightened promotional backdrop and ongoing deflationary pressures that are likely to...
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Ulta Salon Is 'In Its Own Universe'
Tuesday, August 2, 2016 - 3:08pm | 220Oppenheimer remains bullish on Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) saying there is sufficient comp and earnings upside to maintain its Outperform rating. The brokerage raised its price target on the stock by $40 to $300, implying an upside of about 15 percent from current...
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Are Kroger's Wal-Mart Concerns Overblown?
Wednesday, July 13, 2016 - 2:28pm | 330Oppenheimer said the recent pullback in The Kroger Co (NYSE: KR) shares creates an attractive opportunity, while adding that concerns of more aggressive actions from Wal-Mart Stores, Inc. (NYSE: WMT) seem overblown. The brokerage, which has an Outperform rating on Kroger, is "incrementally more...
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Whole Foods '365' Spinoff Stores Are Being Carefully Positioned Near Trader Joe's And Sprouts
Thursday, April 14, 2016 - 1:39pm | 467Last week, Whole Foods Market, Inc. (NASDAQ: WFM) announced a spinoff store called 365, with the first location set to open May 25. The new grocer's concept has been described as a practical way for Whole Foods to "improve the chain's overall competitiveness and value positioning,...
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Expect Another Strong Showing From WhiteWave On Thursday
Tuesday, February 9, 2016 - 10:21am | 269Oppenheimer recently issued a report on WhiteWave Foods Co (NYSE: WWAV) ahead of the company's scheduled earnings announcement on Thursday, February 11. Currently, analysts at Oppenheimer rate WhiteWave Foods at Outperform with a $45 price target. Rupesh Parikh and Erica Eiler, analysts at...
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Oppenheimer Skeptical About Success Of Possible Jarden/Newell Rubbermaid Deal
Wednesday, December 9, 2015 - 8:41am | 428Shares of Jarden Corp (NYSE: JAH) are up 10 percent year-to-date, while Newell Rubbermaid Inc. (NYSE: NWL) shares have surged 23 percent. Oppenheimer’s Rupesh Parikh said that news of a combination of these two companies comes as a surprise. While there are some meaningful positives...
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Does A Private Equity Buyout Make Sense For The Fresh Market?
Monday, October 19, 2015 - 11:22am | 423Shares of The Fresh Market Inc (NASDAQ: TFM) have lost more than 35 percent year-to-date, but spiked higher on Friday. Various media outlets reported that the company's founder Ray Berry is working with Apollo Global Management to explore a potential buyout of the company. Rupesh...
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35 Stock Ideas Oppenheimer Analysts Love Right Now
Saturday, October 17, 2015 - 10:11pm | 1463Oppenheimer just released its 35 top stock ideas for October and November. Here’s a rundown of the full list with analyst commentary included. 1. Turtle Beach Corp (NASDAQ: HEAR) Analyst Sean McGowan sees two drivers of the stock: the “resurgence in video games” and the rollout of...
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Oppenheimer Expecting 'Another Sluggish Quarter' Out Of Whole Foods
Monday, July 27, 2015 - 12:01pm | 326In a report published Monday, Oppenheimer analyst Rupesh Parikh previewed Whole Foods Market, Inc. (NASDAQ: WFM)'s second quarter results (scheduled for Wednesday), noting that the company is likely to report "another sluggish quarter" but shares are still "appropriate"...
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Kroger Expected To Report Record Quarter
Wednesday, June 17, 2015 - 3:35pm | 312Kroger Co (NYSE: KR) is scheduled to announce first quarter financial results Thursday before the market opens. According to Estimize, this is expected to be a record quarter. The Street is modeling consensus earnings of $1.21 per share on revenue of $33.268 billion. This means earnings would...
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What's Coming For Kroger? Oppenheimer Answers
Tuesday, June 16, 2015 - 1:28pm | 346In a report published Tuesday, Oppenheimer analysts Rupesh Parikh and Erica Eiler provided a preview of Kroger Co (NYSE: KR)’s first-quarter earnings, which will be announced Thursday. The experts say they have been looking at the company’s prospects favorably for some time now and...
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Oppenheimer Previews Whole Foods Earnings
Monday, May 4, 2015 - 2:05pm | 392In a report published Monday, Oppenheimer analyst Rupesh Parikh previewed Whole Foods Market, Inc. (NASDAQ: WFM)'s upcoming second quarter results, noting that a lack of comp upside "dampens" the potential for a positive catalyst. Whole Foods will report its second quarter results...
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10 Oppenheimer Analysts Each Pick A Top Stock
Sunday, March 29, 2015 - 10:47am | 489In a recent report, Oppenheimer asked analysts that cover different ares of the stock market each to choose his or her single top stock pick in the space based on the fundamentals of the company. Here are the stocks that these ten analysts chose. 1. Rupesh Parikh, CFA (food, grocery &...