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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,...
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Short Sellers Aim for Best Buy and Office Depot
Saturday, March 30, 2013 - 11:35am | 932The short interest in troubled retail companies was mixed but overall quiet during the first two weeks of March. The number of shares sold short in Bebe Stores (NASDAQ: BEBE), Bon-Ton Stores (NASDAQ: BONT), OfficeMax (NYSE: OMX) and RadioShack (NYSE: RSH) increased somewhat between the February...
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Wal-Mart 'Goes to the Mattresses' Against Amazon
Thursday, March 28, 2013 - 8:41am | 656In the movie The Godfather, at one point Clemenza says, “That Sonny's runnin' wild. He's thinking of going to the mattresses already.” Going to the mattresses, of course, means, “going to war.” For all intents and purposes, Wal-Mart (NYSE: WMT) is going to war with Amazon (NASDAQ: AMZN). With...
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Office Supply Merger Brings Out the Short Sellers (ODP, OMX, AVP)
Wednesday, March 13, 2013 - 1:29pm | 858By and large, the short interest in troubled retail companies increased during the final two weeks of February. The number of shares sold short in Barnes & Noble (NYSE: BKS), Bebe Stores (NASDAQ: BEBE), GameStop (NYSE: GME), J.C. Penney (NYSE: JCP), RadioShack (NYSE: RSH), Rite Aid (NYSE: RAD...
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Retail Earnings Previews: Staples, American Eagle Outfitters and Others
Tuesday, March 5, 2013 - 2:09pm | 726While most of the big retailers already have posted their most recent quarterly results, Wednesday will bring fourth-quarter and full fiscal-year reports from specialty retailers American Eagle Outfitters (NYSE: AEO), Big Lots (NYSE: BIG), PetSmart (NYSE: PETM) and Staples (NASDAQ: SPLS). Analysts...
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Earnings Expectations for the Week of March 4
Sunday, March 3, 2013 - 6:34pm | 857Now that Congress and the White House have failed to reach a deal to avoid the federal budget sequester, and with the jobs report coming out on Friday, the attention this week is likely to be elsewhere, rather than on earnings, which have slowed to dribble. A few lingering retail earnings reports...
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Not So Fast Best Buy, You Haven't Won the Showroom Battle Just Yet
Tuesday, February 19, 2013 - 11:09am | 513Best Buy (NYSE: BBY) is claiming victory over show-rooming. In a company press release the electronics retailer announced that it would price match selected online stores in addition to its longstanding policy of price matching local retailers. Is it premature to claim victory in a battle that...
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OfficeMax, Abercrombie and Other Top Performing Dividend Payers in November
Saturday, December 1, 2012 - 2:41pm | 626Here is a quick look at some of the top-performing dividend-paying stocks in the past month. These companies all have a market cap of more than $500 million, and their share prices are more than 20 percent higher than 30 days ago. Abercrombie & Fitch (NYSE: ANF) shares jumped more than 30...
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Tiffany Earnings Preview: Higher Revenue but Lower EPS Expected
Tuesday, November 27, 2012 - 4:56pm | 599Tiffany (NYSE: TIF), which plans to open a flagship store in Paris in 2014, is scheduled to report its third-quarter fiscal 2012 results Thursday, November 29, before the markets open. Investors will be looking to see the effects of the slowdown in luxury spending in China, as well as the impact on...
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Abercrombie, OfficeMax and Other Top Performers in the Past 30 Days
Thursday, November 15, 2012 - 2:02pm | 615Shares of Abercrombie & Fitch (NYSE: ANF) soared more than 34 percent Wednesday after the apparel retailer's third-quarter results topped analyst consensus estimates, due in part to strong international performance, and it raised its full-year outlook. Here is a quick look at Abercrombie and...
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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,...
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Amazon Lockers Coming to Staples
Tuesday, November 6, 2012 - 11:28am | 615Amazon (NASDAQ: AMZN) is bringing its iconic lockers to Staples (NASDAQ: SPLS). According to Reuters, the lockers will soon appear at Staples locations across the United States. Once installed, customers will be able to ship their products to Staples stores instead of having them shipped to their...
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Earnings Expectations for the Week of August 13
Monday, August 13, 2012 - 6:33am | 938Retail earnings season got off to a start last week when drug store chain CVS Caremark (NYSE: CVS) and department store operators Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN) bested second-quarter earnings estimates, while JCPenney (NYSE: JCP) reported a net loss. Many more...
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Earnings Expectations for the Week of May 14 (WMT, HD, ANF)
Sunday, May 13, 2012 - 8:49am | 1179Last week, Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN) kicked off the parade of earnings reports from big retailers. Macy's and Nordstrom reported EPS growth; Macy's and Kohl's topped EPS estimates. This week, Walmart (NYSE: WMT), Home Depot (NYSE: HD) and Target (NYSE: TGT) are...
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Dissonance in the Consumer Sector
Friday, May 4, 2012 - 11:18am | 905By Ronald Thomas, Minyanville [Minyanville Editor's note: Consumer staples are tobacco, food, beverages, household products and cosmetics -- basically consumer packaged goods. Consumer cyclicals (also called discretionaries) are retailing, clothing manufacturers, restaurants, cruise lines, lodging...