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Analysts Mixed On Lumber Liquidators Following Q4 Earnings
Tuesday, March 19, 2019 - 3:20pm | 480Lumber Liquidators Holdings Inc (NYSE: LL) on Monday reported fourth-quarter results, which one analyst says brings the stock close to "becoming investible at long last." The Analysts Raymond James' Budd Bugatch maintains a Market Perform rating on Lumber Liquidators with no price...
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The Street Reacts To Costco's Big Q2 Earnings Beat
Friday, March 8, 2019 - 12:00pm | 838Costco Wholesale Corporation (NASDAQ: COST) reported fiscal second-quarter results that handily beat expectations while same-store sales were strong at 6.7 percent. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts RBC Capital Markets' Scot...
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Sell-Side Raise AutoZone Price Targets Following Big Earnings Beat
Wednesday, February 27, 2019 - 1:21pm | 711AutoZone, Inc. (NYSE: AZO) posted a major bottom-line beat in its second-quarter earnings report. Earnings per share of $11.49 far exceeded a $9.99 Street estimate, while sales of $2.451 billion marginally surpassed $2.45-billion forecasts. “Commercial comps continued to trend in +LDD [low-...
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Morgan Stanley: What Impact Will India's New E-Commerce Laws Have On Walmart?
Monday, February 4, 2019 - 1:45pm | 372Among the multiple new e-commerce laws India's ruling government enacted Feb. 1, online vendors can no longer offer exclusive deals for products on their platform and can no longer task one vendor with supplying more than 25 percent of an entire inventory, Quartz reported. The new rules...
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Morgan Stanley Turns Bearish On Williams-Sonoma, Expects Pressures To Intensity
Wednesday, January 23, 2019 - 4:40pm | 325Specialty retailer Williams-Sonoma, Inc. (NYSE: WSM) faces multiple headwinds in 2019, which is likely to lead an acceleration in margin deterioration along with greater top-and-bottom line pressure, according to Morgan Stanley. The Analyst Morgan Stanley's Simeon Gutman downgraded...
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Morgan Stanley Upgrades Walmart, Says Premium Valuation Is Justified
Wednesday, January 23, 2019 - 10:10am | 365After showing five years of consecutive U.S. EBIT declines, retail giant Walmart Inc (NYSE: WMT) should be able to show EBIT growth in 2019 as top-line momentum appear to be sustainable, according to Morgan Stanley. The Analyst Morgan Stanley's Simeon Gutman upgraded Walmart from Equal-...
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Bed Bath & Beyond Rallies After Q3 Print, But Analysts Aren't Buying It
Thursday, January 10, 2019 - 6:20pm | 850Retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) suffered its worst trading day in history in late September in reaction to its fiscal second-quarter results. The company's third-quarter report Wednesday marked an improvement in performance highlighted by an earnings beat and better guidance...
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Morgan Stanley: Why Retailers Should Continue To Worry About 'The Amazon Effect'
Friday, November 23, 2018 - 2:18pm | 590Amazon.com, Inc. (NASDAQ: AMZN) — with its unique business model and financial might — is invariably blamed for the demise of several retailers. With the third-quarter retail reporting season in the rearview mirror, one Morgan Stanley analyst delved into how the e-...
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Morgan Stanley Goes Neutral On BJ's Wholesale
Monday, July 23, 2018 - 9:31am | 350BJs Wholesale Club Holdings Inc (NYSE: BJ), a membership-only warehouse club chain located on the East Coast of the U.S., boasts a solid growth outlook that's mostly priced in to the stock at current levels, according to Morgan Stanley. The Analyst Morgan Stanley's Simeon Gutman initiated...
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Morgan Stanley: At Home Group's EPS Could Double In 2 Years
Tuesday, June 26, 2018 - 2:13pm | 374At Home Group Inc (NYSE: HOME) could double its earnings per share over the next two years, which makes the retailer among the least expensive stocks relative to its growth, according to Morgan Stanley. The Analyst Morgan Stanley's Simeon Gutman upgraded At Home Group rating from...
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Should You Buy The Dip In Home Depot? Wall Street Debates
Wednesday, May 16, 2018 - 1:41pm | 645Home Depot Inc (NYSE: HD) traded lower Tuesday following its Q1 earnings report with the decline carrying over into Wednesday's session. Should investors be buyers on the dip? Some of the Street's top analysts weigh in. The Analysts Bank of America's Elizabeth Suzuki maintains a...
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Morgan Stanley Weighs How Flipkart Changes Walmart's Global Stand Against Amazon
Monday, May 14, 2018 - 9:59am | 365Walmart Inc (NYSE: WMT) announced last week it’s pursuing a 77-percent stake in the Indian e-commerce company Flipkart. The resulting exposure to the Indian market would heighten global competition with Amazon.com, Inc. (NASDAQ: AMZN) — a steady presence in southern Asia. The Rating...
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Morgan Stanley Says Wayfair Will Be Profitable, But Later Than Expected
Wednesday, April 25, 2018 - 10:52am | 435The bullish case for Wayfair Inc (NYSE: W) is based on the belief the online furniture retailer is building a large enough moat and can generate sufficient operating leverage to become highly profitable. Morgan Stanley projects that this will likely be the ultimate outcome for the company...
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How Amazon's Edging Closer To Retail, E-Commerce Dominance: Smart TVs
Thursday, April 19, 2018 - 8:49am | 402Through a partnership with Best Buy Co Inc (NYSE: BBY) to distribute Alexa-enabled smart TVs, Amazon.com, Inc. (NASDAQ: AMZN) is expected to more deeply penetrate both brick and mortar retail and the consumer home. It’s good news for Amazon — and not so good news for everyone else....
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Bed Bath & Beyond Falls 20% Amid Weak 2018 Outlook
Thursday, April 12, 2018 - 12:28pm | 911Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported fiscal fourth quarter earnings that came in ahead of expectations, but downbeat guidance for 2018 prompted a big sell-off in the stock. Shares were down 19 percent at $17.42 at time of publication. The Analysts KeyBanc Capital Markets'...