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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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At Home Wrecked: Analysts Break Down Retailer's Disastrous Forecast
Thursday, December 5, 2019 - 10:14am | 768At Home Group Inc (NYSE: HOME) beat top- and bottom-line third-quarter estimates but disappointed analysts with a guidance cut. The store has reduced pricing on Christmas and everyday merchandise as the holiday season rolls slowly. “We expect shares to be weak on the news, but believe...
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Home Depot Fix Up Is Coming: Analysts Not As Bearish As Investors After Sales Miss
Wednesday, November 20, 2019 - 11:38am | 623Home Depot Inc (NYSE: HD) shares were dropping again on Wednesday, continuing a sell-off that followed a revenue miss, disappointing same-store sales and a downward revision to guidance. But several sell-side analysts said underlying trends point to a sales rebound, adding the company should see a...
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Here Comes The Sun: Advance Auto Parts Analysts Bullish After Stormy Q2
Wednesday, August 14, 2019 - 1:06pm | 681Advance Auto Parts, Inc. (NYSE: AAP) turned in a disappointing second quarter Tuesday as car repair DIY-ers put off fixes due to bad weather. But sell-side analysts said the sun is coming back out for both the auto parts chain and its customers. Same-store sales growth was flat,...
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Analysts: Lowe's Sell-Off A Buying Opportunity
Monday, May 27, 2019 - 4:00pm | 675Lowe's Companies Inc (NYSE: LOW) stock finished the week 11.7-percent lower after the retailer reported lackluster earnings and cut full-year guidance Wednesday due to gross margin weakness. Sell-side analysts said the gross margin problem — which the company blamed on...
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After A Rainy Q1, Home Depot Analysts Look At Consumer Trends, Chinese Tariffs
Wednesday, May 22, 2019 - 4:58pm | 638Sales at Home Depot Inc (NYSE: HD) were dampened by the wet start to the year, but sell-side analysts disagreed Wednesday on whether broader economic issues will affect the big box retailer’s bottom line in the long run. The Analysts UBS analyst Michael Lasser maintained a Buy...
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Home Depot Analyst Says Renovation Cycle May Be 'Petering Out'
Tuesday, May 21, 2019 - 12:21pm | 431Home Depot Inc (NYSE: HD)’s near-term outlook could be dampened by spring rains, and the big box retailer could also be facing a slowing long-term renovation cycle, according to Bank of America Merrill Lynch. The retailer's first-quarter earnings print showed lower-than-expected comps....
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BofA Downgrades Michaels, Morgan Stanley Stays Bullish After Q4 Print
Wednesday, March 20, 2019 - 4:19pm | 492Michaels Companies Inc (NASDAQ: MIK) shares fell more than 6 percent Wednesday in the wake of the retailer reporting a fourth-quarter earnings beat and issuing weak first-quarter earnings guidance. Michaels reported fourth-quarter adjusted EPS of $1.44 against a $1.42 estimate and sales of $1....
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BofA: Office Depot-Alibaba Partnership Another Chapter In Retailer's 'Compelling Transformation Story'
Tuesday, March 5, 2019 - 11:53am | 413Office Depot Inc (NASDAQ: ODP) announced a new partnership Monday with China's Alibaba Group Holding Ltd (NYSE: BABA) that adds to the office supply retailer's "compelling transformation story," according to Bank of America Merrill Lynch. The Analyst Bank of America's...
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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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Should You Buy The Dip In Home Depot? Wall Street Debates
Wednesday, May 16, 2018 - 1:41pm | 645Home Depot Inc (NYSE: HD) traded lower Tuesday following its Q1 earnings report with the decline carrying over into Wednesday's session. Should investors be buyers on the dip? Some of the Street's top analysts weigh in. The Analysts Bank of America's Elizabeth Suzuki maintains a...
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BofA: Party City Comps Could Be Driven Higher By Better Halloween Timing, Licensed Merchandise, Store Acquisitions
Thursday, April 19, 2018 - 1:32pm | 447Party City Holdco Inc (NYSE: PRTY) has a bull in Bank of America Merrill Lynch, with the research firm citing multiple drivers for comp outperformance in 2019 and consistent operating margin expansion as reasons for a Thursday upgrade. The Analyst Analyst Elizabeth Suzuki upgraded Party...
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Floor And Decor Fairly Valued After 20% Run, BofA Says In Downgrade
Wednesday, April 11, 2018 - 2:56pm | 415Floor & Decor Holdings Inc (NYSE: FND) shares have gained more than 20 percent in the past month, defying the broader market downturn and prompting Bank of America Merrill Lynch to revisit its position on the stock. The Analyst BofA analyst Elizabeth Suzuki downgraded Floor & Decor...
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Ollie's Bargain Outlets: The Sell-Side Debates Whether To Buy The Dip
Thursday, April 5, 2018 - 3:45pm | 658Ollie's Bargain Outlet Holdings Inc (NASDAQ: OLLI) reported a top-and-bottom line beat in its fourth-quarter results Wednesday, but management's revenue guidance for the full fiscal year initially sent shares lower by more than 3 percent. The selling momentum carried over into Thursday...
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Ollie's Stock No Longer A Bargain, Says Bank Of America
Thursday, April 5, 2018 - 10:30am | 451Bank of America Merrill Lynch's bullish case for Ollie's Bargain Outlet Holdings Inc (NASDAQ: OLLI) has come to an end after the company reported fourth-quarter results. The Analyst BofA's Elizabeth Suzuki downgraded Ollie's Bargain Outlet's stock rating from Buy to...