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Williams-Sonoma's Q2 Beat Not Without Its Concerns
Thursday, August 24, 2017 - 9:53am | 450Shares of Williams-Sonoma, Inc. (NYSE: WSM) gained more than 7 percent after the company impressed investors in its second-quarter earnings report, but it wasn't good enough to win over some of Wall Street's bears. BTIG's Alan Rifkin maintains a Sell rating on Williams-Sonoma's...
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Bed Bath & A Beat-Up Share Price: Behind The Q1 Miss
Friday, June 23, 2017 - 11:53am | 342Bed Bath & Beyond Inc. (NASDAQ: BBBY) announced first-quarter 2017 earnings Thursday after-hours, and it’s safe to say it did not make the company any sell-side friends. BTIG analyst Alan Rifkin is one of those with little positivity for the company, he reiterated a Neutral rating and no...
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Five Below Spins Its Way To A Q1 Beat
Friday, June 2, 2017 - 10:57am | 484Strong first-quarter results from Five Below Inc (NASDAQ: FIVE) reflect a strong core business, said BTIG analyst Alan Rifkin. The retailer reported an operating EPS of $0.15 — above BTIG's $0.14 estimate and the Street estimate of $0.13. Five Below's first quarter was...
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Did Williams-Sonoma Do Enough In Q1 To Battle Amazon?
Thursday, May 25, 2017 - 2:59pm | 425Shares of Williams-Sonoma, Inc. (NYSE: WSM) opened for trading in positive territory at $53.80 Thursday morning in reaction to its first-quarter results. But by the afternoon trading session, the stock had given up all its earlier gains. Loop Capital Markets' Anthony Chukumba maintains a Hold...
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Pier 1 Is Highly Exposed To Online Competition
Thursday, April 13, 2017 - 9:04am | 414Pier 1 Imports Inc (NYSE: PIR) reported its fourth-quarter EPS and comps in line with the raised guidance. BTIG’s Alan Rifkin maintains a Sell rating on the company, with a price target of $3.50. Q4 Results Pier 1 Imports reported its operating EPS for Q4 at $0.34, with comps rising 0.2...
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Williams-Sonoma Shares Remain A Sell Following Lackluster Outlook
Thursday, March 16, 2017 - 8:48am | 268Williams-Sonoma, Inc. (NYSE: WSM) reported a Q4 comps miss and announced its guidance below expectations. “We remain concerned by WSM’s inability to increase EBIT margins despite rising e-comm penetration where margins are 1350 bp [basis points] above retail,” BTIG’s Alan...
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Advance Auto Parts Needs To Put The Pedal To The Metal In 2017
Wednesday, February 22, 2017 - 10:24am | 324Advance Auto Parts, Inc. (NYSE: AAP) reported its fourth-quarter 2016 results with the EPS below the estimate and the metrics missing the guidance. BTIG’s Alan Rifkin reiterated a Sell rating on the company, with a price target of $120. Q4 Miss Advance Auto Parts reported its fourth-quarter...
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Will Lowe's Nail Q4 Comps Or Get Hammered By Top-Line Uncertainty?
Wednesday, February 22, 2017 - 10:00am | 384Alan Rifkin of BTIG expects Lowe's Companies, Inc. (NYSE: LOW) to report fourth-quarter EPS of $0.77, a penny below Street estimate of $0.78. Analyst's Expectations The home improvement retailer will announce its fourth-quarter results on March 1. Rifkin, who estimates a quarterly comp of 3...
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Expect Delayed Tax Refunds To Hit AutoZone's Comps In Q2 Report
Wednesday, February 22, 2017 - 9:14am | 389BTIG’s Alan Rifkin expressed optimism regarding AutoZone, Inc. (NYSE: AZO)'s industry-leading return on invested capital of 34 percent, disciplined capital management and robust industry fundamentals, along with “a relatively wide moat” versus e-commerce players. The analyst...
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Will Home Depot Address NAFTA Negotiations On Its Q4 Conference Call?
Tuesday, February 14, 2017 - 10:25am | 341Home Depot Inc (NYSE: HD) is scheduled to report its Q4 results on February 21. The company may deliver another strong quarter, despite strong comps last year, but would likely announce conservative guidance for 2017, BTIG’s Alan Rifkin said in a report. He maintains a Buy rating on the...
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Auto Parts Retail: Amazon Vs. Brick & Mortars
Tuesday, January 31, 2017 - 11:47am | 358Although Amazon.com, Inc. (NASDAQ: AMZN) generally has lower prices, brick-and-mortar stores in the auto parts retailing segment have “other advantages,” BTIG’s Alan Rifkin said in a report. He believes that, despite Amazon’s lower prices, traditional auto parts retailers...
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Amazon Buying An After-Market Auto Parts Company Is 'Unlikely'
Tuesday, January 24, 2017 - 9:54am | 420A New York Post article reported on Amazon.com, Inc. (NASDAQ: AMZN)'s plans to enter the DIY after-market auto parts space. Contrary to speculations in the article, Amazon is unlikely to acquire a regional parts distributor, BTIG’s Alan Rifkin said in a report. DIY Versus DIFM The aftermarket...
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What To Do With AutoZone Stock After A Strong Q1
Tuesday, December 6, 2016 - 2:43pm | 322Shares of AutoZone, Inc. (NYSE: AZO) gained more than 2 percent after the auto parts retailer reported better-than-expected earnings for its first quarter. Quarter, In Review Autozone reported first-quarter earnings of $9.36 per share on revenue of $2.46 billion. Analysts were expecting earnings of...
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What To Do With Dollar Tree Stock Following Q3 Results
Tuesday, November 22, 2016 - 2:20pm | 246Alan Rifkin of BTIG recommends investors Buy shares of Dollar Tree, Inc. (NASDAQ: DLTR) after better margins led the discount retailer to post strong third-quarter results and raise its earnings guidance for the fourth quarter. Following are the key highlights of Dollar Tree’s third-quarter...
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Advance Auto Parts May Stall As Fundamentals Remain Weak
Wednesday, October 19, 2016 - 10:54am | 411BTIG has cut its earnings estimate for Advance Auto Parts, Inc. (NYSE: AAP) on weak fundamentals and continued loss of share to competitors. The brokerage maintains its Sell rating and $120 target price on the shares. Analyst's Take Lead analyst Alan Rifkin cut his 2017 and 2018 EPS estimates to $7...