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Analysts React To The Walgreens Q2 Earnings Miss
Wednesday, April 3, 2019 - 12:32pm | 820Walgreens Boots Alliance Inc (NASDAQ: WBA) on Tuesday reported fiscal second-quarter results that fell short of expectations in what management described as the "most difficult" quarter since late 2014. Here is a summary of how some of the Street's top analysts reacted to the print....
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Smart & Final Stores' Q4 Beat Overshadowed By Poor Guidance
Thursday, March 15, 2018 - 1:30pm | 390Smart & Final Stores Inc (NYSE: SFS), a food retailer that sells fresh perishables and everyday grocery items, reported its fourth quarter results that exceeded Wall Street's expectations but a disappointing outlook prompted a downgrade. The Analyst Loop Capital Markets' Andrew...
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Ahead Of Kroger's Q4 Report, Two Key Questions From Loop Capital Markets
Wednesday, March 7, 2018 - 4:04pm | 454Kroger Co (NYSE: KR) is scheduled to report fourth-quarter results before Thursday's market open, and Loop Capital is expecting a "solid" print — but said two key questions stand in the way of a bullish stance on the grocer. The Analyst Loop Capital Markets' Andrew Wolf...
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Analyst: Kroger Shows 'Continued Experimentation And Learning' With In-Store Food Service
Friday, December 29, 2017 - 11:57am | 393Following a visit to food and drug retailer Kroger Co (NYSE: KR)'s Union City and Newport, Kentucky, Kroger Marketplace stores, a Loop Capital Markets analyst shared his takeaways on Kroger's food service initiatives. The Analyst Loop Capital Markets analyst Andrew Wolf has a Hold...
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Bring Back Our Growth: United Natural Foods Serves Up Q4 Beat
Thursday, September 14, 2017 - 12:14pm | 806United Natural Foods, Inc. (NASDAQ: UNFI)'s earnings report Wednesday prompted a more than 10-percent rally in the stock by Thursday morning, but were the results good enough to impress Wall Street analysts? Bank Of America: Risks Ahead Bank of America's Marisa Sullivan maintains an Underperform...
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Looking For Signs Of Life In Rite Aid Shares After Walgreens' Deal Disappointment
Tuesday, September 12, 2017 - 11:16am | 4902017 continues to be a challenge for Rite Aid Corporation (NYSE: RAD) from a fundamental point of view, especially at the pharmacy retail segment, Loop Capital Markets' Andrew Wolf commented in an initiation note. Although the company is now positioned for a turnaround in the second quarter now is...
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Whole Foods Is Ramping Up Its Price Cuts; Should Walmart Be Worried?
Thursday, September 7, 2017 - 1:38pm | 448After Amazon.com, Inc. (NASDAQ: AMZN) purchased Whole Foods, the (once) expensive grocery chain immediately became a threat to Wal-Mart Stores Inc (NYSE: WMT)'s grocery business. While Whole Foods previously was never in the same conversation as the world’s largest retailer due to the...
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Beginning To Understand The Whole Foods' Pricing Dynamic
Wednesday, August 30, 2017 - 8:56am | 458In an attempt to better understand Amazon.com, Inc. (NASDAQ: AMZN)'s acquisition of Whole Foods Market, analysts at Loop Capital Markets felt it necessary to conduct "before and after Amazon Monday" first-hand checks to better understand Amazon's price cuts. The prices of a basket...
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The Biggest Threat To Kroger Isn't Amazon And Whole Foods — It's Still Walmart
Monday, August 28, 2017 - 9:57am | 517Kroger Co (NYSE: KR) and other multiregional grocery chains nosedived Thursday when Amazon.com, Inc. (NASDAQ: AMZN) announced the consumer perks of its Whole Foods Market, Inc. (NASDAQ: WFM) acquisition, but grocers have more formidable foes to worry about. “As the largest seller of groceries...
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Rite Aid-Walgreens Deal Resolution Produces A Winner: Core-Mark
Friday, July 7, 2017 - 11:55am | 445After speaking with the CFO of Core-Mark Holding Company, Inc. (NASDAQ: CORE), Loop Capital Markets analyst Andrew Wolf is increasingly confident that it's still a good buy. Wolf reiterated a Buy rating and $40 price target on shares, a 27 percent upside from Friday’s opening price. While...
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'Amazon Acquisition Event Risk' And The Food Service Industry
Wednesday, July 5, 2017 - 9:00am | 392Analysts at Loop Capital Markets made use of a "prisoners' dilemma model" to gain a better understanding of what food-related stocks are at most risk from Amazon.com, Inc. (NASDAQ: AMZN)'s pending acquisition of Whole Foods Market, Inc. (NASDAQ: WFM). Amazon's acquisition of a grocery store chain...
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Attention United Natural Foods Investors: The Amazon-Whole Foods Deal Could've Been Worse
Friday, June 23, 2017 - 3:06pm | 398United Natural Foods, Inc. (NASDAQ: UNFI) investors should not be overly concerned about Amazon.com, Inc. (NASDAQ: AMZN)'s recent acquisition of Whole Foods Market, Inc. (NASDAQ: WFM), according to Loop Capital Markets managing director, Andrew Wolf. Wolf maintains his Buy rating on United...
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Analyst: Kroger Should Outmuscle Amazon And Bid For Whole Foods
Wednesday, June 21, 2017 - 2:21pm | 501Amazon.com, Inc. (NASDAQ: AMZN)'s proposed acquisition of Whole Foods Market, Inc. (NASDAQ: WFM) implies the online retailer will pay $42 per share for the organic and natural grocer. Shares of Whole Foods are trading nearly $1 higher than the take-out price, which implies some investors are...
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Wal-Mart Puts Pressure On Grocers, But Kroger Could Resist
Tuesday, May 23, 2017 - 12:25pm | 359Loop Capital Markets analyst Andrew Wolf reiterated a Hold rating on Kroger Co (NYSE: KR), with a price target of $32. The analysts sees annual earnings of just under $122 million and an EPS of $2.22 are estimated for fiscal 2017. The analyst believes Wal-Mart Stores Inc (NYSE: WMT) “has the...
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Chef's Warehouse, Performance Food Group: 2 Food Names Analysts Find Appetizing
Tuesday, May 16, 2017 - 12:32pm | 404Analysts at Loop Capital Markets initiated coverage of two food merchandising companies on Tuesday with a favorable outlook: The Chefs Warehouse, Inc (NASDAQ: CHEF) and Performance Food Group Co (NYSE: PFGC). Chefs Warehouse Loop Capital's Andrew Wolf initiated coverage of The Chef's Warehouse with...