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Credit Suisse Likes BJ's Wholesale Over Costco Right Now
Thursday, February 13, 2020 - 2:55pm | 496Warehouse retail offers investors an attractive theme as it touches on multiple growing consumer trends, according to Credit Suisse, but investors shouldn't rush out to buy shares of the industry titan. Judah Frommer initiated coverage of Costco Wholesale Corporation (NASDAQ: COST) with a...
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Credit Suisse Says Take Advantage Of 'Rare Discount' In Five Below's Stock
Tuesday, January 14, 2020 - 3:10pm | 399Credit Suisse is encouraging investors to take advantage of a "rare discount" in Five Below Inc (NASDAQ: FIVE)'s stock after the company disappointed investors with poor preliminary fourth quarter and 2020 guidance. The Analyst Judah Frommer upgraded Five Below from Neutral to...
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Analysts Weigh In On Ollie's Bargain Outlet's Q3 Report
Wednesday, December 11, 2019 - 4:25pm | 612Extreme value retailer of brand name goods company Ollie's Bargain Outlet Holdings Inc (NASDAQ: OLLI) reported third-quarter results that came in better than expected. Ollie's reported quarterly earnings of 41 cents per share, which beat the analyst consensus estimate of 38 cents. This is a...
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The Street Reacts To Kroger's Q2 With Mixed Takeaways
Friday, September 13, 2019 - 11:50am | 679Kroger Co (NYSE: KR) reported second-quarter results that came in better than expected. The earnings beat may have been overshadowed by management's decision to remove its prior guidance of $400 million in incremental EBIT by fiscal 2021. Q2 A Mix Of Positives And Negatives Kroger's...
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Kroger's Q1 Draws Tepid Reaction From Analysts, Investors Pull Back
Friday, June 21, 2019 - 3:16pm | 606Kroger Co (NYSE: KR) shares slumped Friday after the grocery chain reported lackluster identical store sales that were below company expectations. Sell-side analysts were mostly forgiving, saying that expectations are modest — and the chain’s online efforts could be...
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Kroger Analyst Roundup: Credit Suisse Says To Buy Grocer's Stock Ahead Of 'Hockey Stick' Recovery
Friday, March 8, 2019 - 3:36pm | 632Grocery store retailer Kroger Co (NYSE: KR) reported Thursday with disappointing fourth-quarter results, which prompted a sell-off in the stock that carried over to Friday. The Analysts Bank of America Merrill Lynch's Robert Ohmes maintains a Buy rating on Kroger with an unchanged $...
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Credit Suisse Downgrades Five Below After 63% Rally: 'We See Risk-Reward As Balanced'
Friday, July 20, 2018 - 12:28pm | 422Five Below Inc (NASDAQ: FIVE) shares have been on a tear, prompting Credit Suisse revisit its bullish stance on the discount retail stock. The Analyst Analyst Judah Frommer downgraded Five Below from Outperform to Neutral while maintaining a $110 price target, which was...
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Wall Street Weighs In On Five Below's Q1 Earnings
Thursday, June 7, 2018 - 5:19pm | 591Five Below Inc (NASDAQ: FIVE) shares rose 22 percent Thursday after the retailer's first-quarter earnings and sales beat. Discount retail remains one of the brightest spots in brick-and-mortar retail. On a scale of one to five, Five Below's Q1 print would rate "pretty close to a...
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Credit Suisse Goes Shopping For Discount Retail Winners
Wednesday, April 18, 2018 - 4:46pm | 691Analysts at Credit Suisse initiated coverage of discount retail stocks Tuesday. The Analyst Credit Suisse's Judah Frommer initiated coverage of the following stocks: Dollar Tree, Inc. (NASDAQ: DLTR): Outperform, $114 price target. Five Below Inc (NASDAQ: FIVE): Outperform, $...
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Credit Suisse's Winners And Losers In The Food Space
Wednesday, April 18, 2018 - 4:32pm | 731Credit Suisse initiated coverage of a handful of food-related stocks Tuesday. The Analyst Credit Suisse's Judah Frommer initiated coverage of the following stocks: SYSCO Corporation (NYSE: SYY): Outperform, $68 price target. Kroger co (NYSE: KR): Outperform, $28 price target....
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Proceed With Caution In Kroger
Friday, January 22, 2016 - 1:43pm | 226Credit Suisse on Friday issued a company note on The Kroger Co (NYSE: KR) saying that while Kroger is "a long-term structural winner" investors should proceed with caution. Credit Suisse rates Kroger as Neutral and lowered their price target from $40 to $36. Analysts Edward Kelly,...