Simeon Gutman

Analysts praised Costco Wholesale Corporation (NASDAQ: COST) for double-digit EPS and strong comparable store sales growth, and in a couple cases raised price expectations on the stock after the retailer's fourth-quarter report.  The company beat earnings estimates by 15 cents ...

AutoZone, Inc. (NYSE: AZO) shares fell after hours Tuesday after the retailer reported an adjusted EPS and sales miss in the fourth quarter.  Sell-side analysts on Wednesday shrugged off the margin and administrative cost concerns that seemed to spook investors, saying the company is set for...

Kroger 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...

The warehouse club BJs Wholesale Club Holdings Inc (NYSE: BJ) reported a second-quarter EPS beat Thursday, but sales fell short of expectations by about 1%. Here's how the Street reacted.  The Analysts Wells Fargo analyst Edward Kelly maintained an Outperform rating on BJs...

Lowe's Companies Inc (NYSE: LOW) had a comeback quarter that left analysts optimistic about the rest of the year as the home improvement chain tries to catch up to rival Home Depot Inc. (NYSE: HD). Lowe’s beat analysts’ earnings estimates by 14 cents and won praise for strong...

Target 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...

Advance 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,...

Five Below Inc (NASDAQ: FIVE) is a "unique and differentiated" retailer that combines a compelling value proposition with a fun "treasure hunt" shopping experience, according to Morgan Stanley. The Analyst Simeon Gutman resumed coverage of Five Below with an Overweight...

Walmart Inc (NYSE: WMT)’s global presence gives it some advantages it's using wisely as it plots a strategy for growing profit in the changing retail industry, Morgan Stanley said in raising its price expectations on the stock. The Analyst Morgan Stanley’s Simeon Gutman raised...

Ollie's Bargain Outlet Holdings Inc (NASDAQ: OLLI) reported a first-quarter EPS beat June 6 and raised its full-year guidance, despite quarterly comps missing Street expectations. Although the company has strong growth prospects and is insulated from tariffs and the consumer environment,...

Lowe'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...

Michaels Companies Inc (NASDAQ: MIK) shares were down more than 5 percent Monday after the retailer's stock was downgraded by Morgan Stanley.  The Analyst Simeon Gutman downgraded Michaels Companies from Overweight to Equal-weight and lowered the price target from $17 to $10. The...

Target Corporation (NYSE: TGT)’s recent pullback is more on the mark for Morgan Stanley, which upgraded the stock. The Analyst Morgan Stanley’s Simeon Gutman upgraded Target from Underweight to Equal-weight with a $67 price target. The Thesis Morgan Stanley sees less downside...

Best Buy Co Inc (NYSE: BBY) said Monday CFO Corie Barry will transition to the CEO role and replace Hubert Joly in what should be a "smooth transition," according to Morgan Stanley. The Analyst Morgan Stanley's Simeon Gutman maintains an Equal-weight rating on Best Buy with a $77...

Michaels Companies Inc (NASDAQ: MIK) shares fell more than 6 percent Wednesday in the wake of the retailer reporting a fourth-quarter earnings beat and issuing weak first-quarter earnings guidance. Michaels reported fourth-quarter adjusted EPS of $1.44 against a $1.42 estimate and sales of $1....