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Costco 'Has The Tools To Compete And Win': Analysts React To Retailer's Q2 Report
Thursday, March 8, 2018 - 3:56pm | 914Shares of Costco Wholesale Corporation (NASDAQ: COST) were trading lower by nearly 2 percent early Thursday afternoon after the company reported an earnings beat in its fiscal second quarter with revenue that fell slightly short of expectations. Rating, Price Target Changes Wells...
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2 Of The Street's Top Retail Analysts Discuss Walmart's Disappointing Q4
Tuesday, February 20, 2018 - 2:02pm | 520Walmart Inc (NYSE: WMT) reported Tuesday mixed fourth quarter results, which may have caught some investors off guard given the stock's 10 percent sell-off. Investors and analysts will now be debating if the retail giant's momentum of outsized growth has come to an end or is its earnings...
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Jefferies' Renewed Optimism For Lowe's Fuels Upgrade
Monday, February 5, 2018 - 11:42am | 496Shares of Lowe's Companies, Inc. (NYSE: LOW) have gained nearly 40 percent over the past year, but Jefferies sees room for upside ahead. The Analyst Jefferies' Daniel Binder upgraded Lowe's' stock rating from Hold to Buy with a price target boosted from $81 to $129. The...
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An Analyst Gives 8 Reasons To Buy National Vision
Monday, November 20, 2017 - 5:30pm | 303National Vision Holdings Inc (NASDAQ: EYE), an optic retailer company that offers products and services for eye care needs, began trading as a public company in October. The Analyst Jefferies' Daniel Binder initiated coverage of National Vision's stock with a Buy rating and $36 price...
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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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Fidget Toys' Impact On Five Below Sales Is Just Getting Started
Tuesday, May 9, 2017 - 11:27am | 436Five Below Inc (NASDAQ: FIVE) has been riding the waves of new toy product cycles so far in 2017. While one cycle boosted the company’s performance in the fourth quarter of 2016 another even larger cycle could drive Five Below’s Q1 and beyond. Fidgeting And Five Below According to...
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How To Build A Plan For Trading Home Depot And Lowe's Ahead Of Earnings
Saturday, February 18, 2017 - 9:42am | 502Home improvement retailers Home Depot Inc (NYSE: HD) and Lowe's Companies, Inc. (NYSE: LOW) will be reporting their quarterly earnings on February 21 and March 1, respectively, even as the industry is lapping some tough comparisons and digesting soft macro data. On the sector front, Jefferies...
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Kohl's Comps: We Knew They'd Be Bad, But Not This Bad
Thursday, January 5, 2017 - 2:14pm | 317Daniel Binder of Jefferies was expecting Kohl's Corporation (NYSE: KSS) to report poor holiday comps. However, the results were far worse than he anticipated. Despite the disappointment, he maintains a Buy rating on Kohl's stock with a price target lowered to $54 from a previous $57 following the...
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Post-Election Rebound Has Been Good To Pier 1 Imports
Thursday, December 15, 2016 - 11:09am | 404Pier 1 Imports Inc (NYSE: PIR)'s third-quarter earnings report on Wednesday helped boost the stock higher by more than 30 percent. Daniel Binder of Jefferies commented in a research report following the earnings release that Pier 1 Imports' earnings beat was a direct result of strong post-election...
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Best Buy's Execution Continues To Improve, Yet Maturing 4K TV Cycle Could Weigh On Q4
Friday, November 18, 2016 - 1:31pm | 380Jefferies lauded the improving execution of Best Buy Co Inc (NYSE: BBY) as it recorded $0.15 third-quarter EPS beat as disciplined promotional strategy led to a 69 basis point upside in gross margin. U.S. Comp Sales Improvement, 4K TV Concerns The improvement in U.S. comp sales to 1.8 percent comp...
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Here's Every Rating And Price Target On Wal-Mart Ahead Of Q3 Results
Wednesday, November 16, 2016 - 2:55pm | 506Wal-Mart Stores, Inc. (NYSE: WMT) is reporting its third-quarter numbers on November 17 before market opens. The results come at a time when retailers are struggling to navigate headwinds such as food deflation, labor and e-commerce competition, particularly from behemoth Amazon.com, Inc. (NASDAQ:...
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Here's Every Analyst Rating And Price Target On Target Ahead Of Q3 Earnings
Tuesday, November 15, 2016 - 1:26pm | 501Target Corporation (NYSE: TGT) is expected to deliver lower earnings and sales when it reports its third-quarter financial results on November 16. Broad Expectations Wall Street expects Target earnings to drop 3.5 percent year-over-year to $0.83 a share and sales to fall 7.5 percent to $16.3...
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Can Any Discount Retailer Withstand Wal-Mart?
Monday, November 14, 2016 - 3:43pm | 457Jefferies picked up Wal-Mart Stores, Inc. (NYSE: WMT) among four discount retailers within its coverage universe to receive a boost in expectations. As far as Dollar General Corp. (NYSE: DG), Target Corporation (NYSE: TGT) and Dollar Tree, Inc. (NASDAQ: DLTR) are concerned, the firm has either...
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Target Facing Competitive Pressure From More Than Just Wal-Mart
Wednesday, October 5, 2016 - 12:05pm | 277Jefferies analyst Daniel Binder had the opportunity to speak with John Hulbert, Vice President of investor relations at Target Corporation (NYSE: TGT), at the firms Investor Relations Summit. According to the analyst, the discussion focused on Target’s response to the high-competition...
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A Top And Bottom Line Miss For Bed Bath & Beyond, Investments Still Weighing Down Earnings
Thursday, September 22, 2016 - 1:50pm | 271The increasing investments tied to ecommerce has weighed on the profitability of Bed Bath & Beyond Inc. (NASDAQ: BBBY), whose Q2 results missed estimates amid negative store traffic. The quarterly EPS of $1.11 missed Street expectations for $1.16 as comps remained in the red and SG&A...