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Will Alibaba And Home Depot Bring Good News To Retail Earnings Season?
Sunday, August 13, 2017 - 5:28pm | 745More of the big retailers are on deck to report their most recent quarterly results this week. Wall Street is braced for mixed results from the troubled sector again this week. Yet two leading specialty retailers could buck the trend of low expectations. The big-box stores and the major...
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Retail Earnings Expectations: Home Depot And Target
Sunday, May 14, 2017 - 12:45pm | 661Reports from two big-box retailers will be among earnings highlights this week. Wall Street analysts expect very different results each of them. Just one of them exceeded earnings expectations in the previous two periods. The parade of big retailers sharing their latest quarterly results has...
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The Gap Delivers December Sales Upside Surprise
Friday, January 6, 2017 - 11:18am | 555Gap Inc (NYSE: GPS), the global retailer that sells clothing, accessories and personal care products across the Gap, Banana Republic, Old Navy, Athleta and Intermix brands, reported on Thursday its sales metrics for the November and December 2016 holiday season. Net sales for the five-week period...
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The Gap's October Sales Improve As The Weather Cools
Tuesday, November 8, 2016 - 2:03pm | 305Shares of Gap Inc (NYSE: GPS) were trading lower by nearly 2 percent Tuesday even though the company reported better-than-expected comps for the month of October along with an updated guidance. Following the company's sales data, Kelly Halsor of Buckingham Research reiterated a Neutral...
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The Gap Boasts Another Encouraging Month Of Comp Sales
Tuesday, November 8, 2016 - 12:04pm | 283While delivering better-than-anticipated October comps, Gap Inc (NYSE: GPS) announced its Q3 EPS ahead of expectations. “We [...] remain encouraged by signs of underlying sales/margin stabilization, supporting near-term momentum in the stock,” Credit Suisse’s Mark R. Altschwager...
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Stifel Responds To Gap's September Numbers: 'Old Navy On Fire'
Friday, October 7, 2016 - 2:21pm | 262Stifel reiterated its Hold rating on the shares of Gap Inc (NYSE: GPS), as it anticipated continued challenges at its Gap and Banana divisions in the near term. Commenting on Old Navy's fall product as appealing and well assorted, the firm said results at Old Navy were encouraging. Analyst Richard...
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Can Applied Materials Or Cisco Systems Offer Up An Earnings Surprise?
Tuesday, May 17, 2016 - 8:53am | 562Two industry leading tech companies are expected to take their turns on the earnings stage this week. Wall Street analysts are looking for some earnings growth, but smaller revenues from each of them. One of them has had a better record of exceeding consensus earnings estimates in recent quarters...
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Retail Earnings Parade Continues: Home Depot, Lowe's In The Spotlight
Sunday, May 15, 2016 - 1:37pm | 606The big retailers continue taking their turns on the earnings stage this week. Highlights include the most recent quarterly results from two leading home improvement superstore operators. Wall Street analysts are looking for solid earnings growth from each of them. So far, the most recent...
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Retail Earnings Parade Begins: Target, Wal-Mart In The Spotlight
Sunday, May 15, 2016 - 1:37pm | 586The big retailers continue taking their turns on the earnings stage this week. Highlights include the most recent quarterly results from two leading big-box retailers. Wall Street analysts are looking for earnings growth from one but revenue declines from both. So far, the most recent quarterly...
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Credit Suisse Stays Underperform On Gap As Spring Sales Fail To Blossom
Tuesday, May 10, 2016 - 4:13pm | 361Credit Suisse maintains its Underperform rating on Gap Inc (NYSE: GPS), saying structural challenges continue to offset any product and design enhancement. The retailer, which was expecting the Spring collection to boost the results, reported 7 percent fall in April comps down versus CS expectation...
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RBC On Gap: Too Soon To Call A Bottom
Tuesday, May 10, 2016 - 4:09pm | 398RBC Capital Markets analysts Brian Tunick and Kate Fitzsimons said Gap Inc (NYSE: GPS) shares dropped more than 12 percent as traffic volatility has kept the issue "on defense." While the analyst said it is too soon to call a bottom, the brokerage maintains its Sector Perform rating, with a reduced...
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Deutsche Bank's Retail Pro Talks Gap As Stock Hits New 52-Week Lows
Tuesday, May 10, 2016 - 12:48pm | 259Shares of Gap Inc (NYSE: GPS) hit a new 52-week low of $18.98 on Tuesday and was trading lower by more than 12 percent after the company reported a 7 percent decline in its same-store sales for the month of April. Total sales for April also declined to $1.12 billion from $1.21 billion a year...
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The Earnings Spotlight Is On Wal-Mart And Other Retail Giants This Week
Sunday, November 15, 2015 - 3:30pm | 822Big-box retailers will highlight the week's quarterly earnings reports. Expectations are low for Wal-Mart Stores, Inc. (NYSE: WMT) and Best Buy Co Inc (NYSE: BBY), but somewhat higher for Home Depot Inc (NYSE: HD) and Target Corporation (NYSE: TGT). Bottom line growth is expected from some other...
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Dollar General, Freeport-McMoRan And Others That Insiders Have Been Buying
Tuesday, September 8, 2015 - 3:49pm | 865Whether the recent volatility has brought out bargain hunters in force remains to be seen. However, one thing that is clear is that insiders and beneficial owners are taking advantage of the turmoil. Conventional wisdom says that insiders and 10 percent owners really only buy shares of a...
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A Preview Of Same-Store Sales At The Gap, L Brands
Tuesday, June 2, 2015 - 10:45am | 465Several retailers release monthly sales metrics to the investment community. Two of the most notable retailers to do so include Gap Inc (NYSE: GPS) and L Brands Inc (NYSE: LB). Here is what Susan Anderson of FBR & Co. is expecting from the retailers May sales. Gap: Comps Under Pressure,...