Seth Sigman

Reviewing GameStop Corp. (NYSE: GME) first-quarter results, Credit Suisse noted sales strength, although the results showed segment weakness. Mixed Results Analysts Seth Sigman, Kieran McGrath and Alexander Thompson indicated that the first-quarter results were mixed, with comps and earnings per...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported Wednesday fourth-quarter earnings of $1.84 per share compared to $1.91 per share last year, which included a $0.06 per share gain. Net sales were up 3.4 percent to $3.5 billion, achieved on the back of a 0.4 percent increase in comps. The...

GameStop Corp. (NYSE: GME) reported soft fiscal fourth-quarter 2016 results and disappointing 2017 guidance. Collectibles continued to be a bright spot, generating 28 percent growth in Q4, Credit Suisse’s Seth Sigman said in a report. He maintains a Neutral rating on the company, while...

Credit Suisse said Sportsman's Warehouse Holdings Inc (NASDAQ: SPWH) will be a better beneficiary from the bankruptcy of Gander Mountain Company (OTC: GMTN) versus Dicks Sporting Goods Inc (NYSE: DKS). “DKS may not benefit as much as hoped, based on mix, and the initial store closure plan...

Party City Holdco Inc (NYSE: PRTY) will likely deliver improved results in 2017, with mid-to-high single-digit EBITDA growth and low double-digit EPS growth. This will be backed by “a relatively more normal seasonal calendar,” Frozen comps and growth opportunities for the wholesale...

Initiating coverage of Camping World Holdings Inc (NYSE: CWH), Credit Suisse said it sees it as a story with above-average store growth that offers a high service recurring revenue model, strong management and low valuation, making it one of the most attractive stories in the consumer space....

Previewing the third-quarter results of auto parts retailers, Credit Suisse said sluggish trends continued in third quarter, with company-specific factors also impacting performance. Accordingly, the firm lowered its estimates for the companies in the space. September Improvement, Improving 2-Year...

Credit Suisse reaffirmed its Outperform rating on Sportsman's Warehouse Holdings Inc (NASDAQ: SPWH) and continues to recommend the stock as one of its "best small cap retail ideas," with potentially 50 percent upside to the stock and multiple levers for growth. The key upside driver is less "new"...

Credit Suisse has downgraded Tractor Supply Company (NASDAQ: TSCO) to Neutral from Outperform after the company cut its 2016 guidance and guided third quarter below consensus estimates. This suggests lack of visibility around the near-term demand drivers and the EPS growth algorithm. The company...

Credit Suisse has upgraded Michaels Companies Inc (NASDAQ: MIK) to Outperform from Neutral, saying that the recent pull-back in the stock offers a favorable risk/ reward. The brokerage said the company has set a lower bar for second half, with potential for comps/margins to improve after a somewhat...

Credit Suisse's Seth Sigman lowered his rating on Best Buy Co Inc (NYSE: BBY) from Outperform to Neutral as his concerns about second half of 2016 top line expectations grow. Additionally, the analyst lowered his price target from $36.50 to $31.00. Best Buy's mobile category "may not deliver the...

Credit Suisse’s Seth Sigman believes that despite trading at near its prior trough levels, Best Buy Co Inc (NYSE: BBY) offers meaningful value. Sigman downgraded the rating on the company from Outperform to Neutral, while lowering the price target from $36.50 to $31.00. The analyst believes...