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Analysts Furnish Portfolios With RH After Beat-And-Raise Quarter
Thursday, December 5, 2019 - 12:01pm | 764Restoration Hardware Holdings (NYSE: RH) surged Thursday after reporting its third consecutive bottom-line beat and raise. “To management’s credit, this is becoming a common theme, as earnings have surprised to the upside multiple times this year,” Raymond James analysts...
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Costco Analysts Mostly Bullish After Q4 Earnings Beat, Growth In Membership, Traffic
Friday, October 4, 2019 - 11:52am | 638Analysts 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 ...
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Analysts React To Walmart's Q1 Earnings
Friday, May 17, 2019 - 2:05pm | 590Retail behemoth Walmart Inc (NYSE: WMT) reported first-quarter results highlighted by a big earnings beat, a 3.4 percent U.S. comp growth and 37 percent e-commerce growth. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Raymond James' Budd...
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Raymond James Upgrades Rent-A-Center, Sees Higher Upside
Monday, April 22, 2019 - 9:17am | 338The case for turning incrementally bullish on Rent-A-Center Inc (NASDAQ: RCII) is "unmistakably clear" after management spent the past few years improving the business, according to Raymond James. The Analyst Raymond James' Budd Bugatch upgraded Rent-A-Center from Outperform to Strong...
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Pier 1 Falls Off The Deep End With 'Distressing' Q4 Report
Thursday, April 18, 2019 - 1:48pm | 583The fourth-quarter earnings of Pier 1 Imports Inc (NYSE: PIR) fell far below analyst expectations. Management reported sales of $412.51 million and comps of -13.7 percent against respective estimates of $426.12 million and -10.5 percent. The Street had forecasted loss per share of 23 cents, but the...
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Raymond James: Steelcase A Strong Buy After Wednesday's 'Puzzling' Decline
Thursday, March 21, 2019 - 2:50pm | 385Office furniture maker Steelcase Inc. (NYSE: SCS) reported fourth-quarter results Tuesday that prompted a "puzzling" 14-percent decline in the stock Wednesday, according to Raymond James. The Analyst Raymond James' Budd Bugatch upgraded Steelcase from Outperform to Strong Buy...
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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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Analysts Encouraged By Lumber Liquidators Legal Process
Wednesday, March 13, 2019 - 4:55pm | 438Lumber Liquidators Holdings Inc (NYSE: LL) finalized a resolution with various U.S. government entities related to its sourcing of Chinese laminate flooring. As part of an agreement, the company will pay $33 million in fines and investors should be encouraged by the development but not necessarily...
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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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Raymond James: Pier 1 May Be 'Beyond Saving'
Friday, December 21, 2018 - 1:41pm | 434A sale could be in the offing for Pier 1 Imports Inc (NYSE: PIR), which saw its stock freefall this week after another deeply disappointing earnings release, according to a bearish Raymond James. The Analyst Analyst Budd Bugatch reaffirmed an Underperform rating on Pier 1. The Thesis Pier 1...
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Raymond James On Steelcase: New Product Pipeline, Acquisition Synergies To Drive Growth
Thursday, December 20, 2018 - 4:06pm | 300Steelcase Inc. (NYSE: SCS) reported third-quarter results ahead of expectations and announced solid guidance for the fourth quarter. The company could record higher consolidated revenue in Q4, according to Raymond James. The Analyst Raymond James analyst Budd Bugatch maintains an Outperform rating...
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What's Next For Rent-A-Center?
Wednesday, December 19, 2018 - 4:22pm | 383Furniture and electronic goods rent-to-own retailer Rent-A-Center Inc (NASDAQ: RCII) terminated a merger agreement with Vintage Capital Management, which prompted an immediate sell-off in the stock. An Upgrade Raymond James' Budd Bugatch upgraded Rent-A-Center's stock rating from Market...
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Home Depot And Lowe's Remain Sturdy Stocks, Raymond James Says
Tuesday, December 18, 2018 - 5:00pm | 558America’s best-known home improvement companies may look like fixer-upper stocks, but they’re fundamentally like good old houses with solid underlying structure and have strong prospects, according to Raymond James. Home Depot (NYSE: HD) and Lowe’s Companies, Inc. (NYSE: LOW)...
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A Few Key Takeaways From Home Depot's Sell-Side Presentation
Monday, December 10, 2018 - 5:25pm | 507Home Depot Inc (NYSE: HD) last week hosted its annual presentation and Q&A session for the sell-side investment community which received a mixed reaction from Street analysts. The Analysts Raymond James' Budd Bugatch maintains an Outperform rating on Home Depot with an unchanged $205...
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La-Z-Boy's Recent Acquisitions Continue To Push Growth, Raymond James Says
Thursday, November 29, 2018 - 2:10pm | 371In the first earnings report since La-Z-Boy Inc. (NYSE: LZB)’s acquisitions of Joybird and the Arizona-based company licensee, sales increased 11 percent year-over-year to beat analysts’ estimates and the consensus. La-Z-Boy reported Q2 adjusted earnings of 48 cents per share, beating...