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Walmart Analysts Break Down Q1 Beat: 'Impressive Results Against Tough Comparisons'
Wednesday, May 19, 2021 - 2:12pm | 465Walmart Inc (NYSE: WMT) reported a big first-quarter earnings beat driven by online and grocery sales growth. On Tuesday morning, Walmart reported a first-quarter EPS of $1.69 on revenue of $138.3 billion. Both numbers exceeded consensus analyst estimates of $1.21 and $131.9 billion, respectively....
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Dollar Tree's Q3 Margins Disappoint Analysts, Yet They Maintain Bullish Ratings
Wednesday, November 27, 2019 - 2:52pm | 427While comparisons were solid, Dollar Tree, Inc. (NASDAQ: DLTR) reported its third-quarter margins below Street’s expectations and lowered its full-year guidance. Dollar Tree Earnings And Guidance Dollar Tree reported third-quarter earnings of $1.08 per share, missing the consensus estimate of...
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Analysts Are Divided On Dick's Sporting Goods Despite Huge Q3 Beat
Wednesday, November 27, 2019 - 2:43pm | 589Dicks Sporting Goods (NYSE: DKS) shares skyrocketed after the retailer delivered a big third quarter earnings beat on Tuesday. The company reported a 6% comp gain, its strongest same-store sales since 2013. Premium Footwear Is Boosting Brand Image Following the positive report, Bank of America...
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Best Buy Soars On Q3 Earnings Beat, But Tariffs Remain A Concern
Wednesday, November 27, 2019 - 12:55pm | 761Best Buy Co Inc (NYSE: BBY) shares hit a 52-week high Tuesday after reporting a third-quarter earnings beat. Tariffs At Front Of Mind For Best Buy Analysts High-quality growth is priced into Best Buy shares, as investors are “increasingly willing to pay a premium” for the...
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RBC Raises CarMax Price Target, Says Headwinds Will Ease
Wednesday, June 19, 2019 - 4:07pm | 366Used car retailer CarMax, Inc (NYSE: KMX) reported weakness in its past few quarters, but any headwinds should now ease moving forward, according to RBC Capital Markets. The Analyst RBC's Scot Ciccarelli maintains an Outperform rating on CarMax with a price target lifted from $86 to $92. The...
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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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Is Dollar Tree A Bargain Stock After Q4 Earnings?
Thursday, March 7, 2019 - 4:05pm | 652Dollar Tree, Inc. (NASDAQ: DLTR) reported a top-and-bottom line beat in its fourth-quarter results and simultaneously said it will shutter 390 Family Dollar stores. 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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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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RBC Repairs Thesis On O'Reilly Automotive, Upgrades Stock
Wednesday, December 13, 2017 - 1:59pm | 422O'Reilly Automotive Inc (NASDAQ: ORLY)'s stock is down nearly 10 percent in 2017, but some Wall Street analysts are laying out the bullish case for owning the stock heading into 2018. The Analyst RBC Capital Markets' Scot Ciccarelli upgraded O'Reilly's stock from Sector...
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Walmart Is Proving It Can Defend Against Amazon, Says RBC Capital
Wednesday, November 29, 2017 - 2:36pm | 579Wal-Mart Stores Inc. (NYSE: WMT) received a sell-side upgrade Wednesday after recent e-commerce investments appear to be paying off and sentiment surrounding the company is starting to shift. The Analyst RBC Capital’s Scot Ciccarelli upgraded Walmart from Underperform to Sector Perform...
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Winners From A Border Adjustment Tax
Friday, March 3, 2017 - 12:28pm | 399Retailers are already having a tough 2017. So needless to say, President Donald Trump's proposed border tax could make matters even worse. But the negative aftermath isn't the only outcome, as any changes to tax policies will generate a few winners. One form of the tax plan, dubbed the "Ryan tax...
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Why These Analysts Say Buy Five Below For Cheap After Light Guidance Sparks Sell-Off
Tuesday, September 6, 2016 - 10:01am | 488Five Below Inc (NASDAQ: FIVE), a specialty teen retailer that sells all items for $1 to $5 a piece, saw its stock dip after its second-quarter comp increase fell short of expectations, and the company's third quarter sales guidance implies a lower rate of growth. Following the selloff, several Wall...
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Ollie's Bargain Outlet Overcomes A Sluggish Start To Deliver A Solid Quarter
Thursday, September 1, 2016 - 3:44pm | 330Ollie's Bargain Outlet Holdings Inc (NASDAQ: OLLI) posted another solid beat despite a sluggish start to the quarter and difficult year-over-year comparisons, leading RBC Capital to maintain its Outperform rating and raise estimates along with the price target. Ollie's second-quarter comps of 3.5...
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Five Below Reports 41st Consecutive Quarter Of Comps Growth; RBC Analysts Are 'Aggressive Buyers'
Thursday, September 1, 2016 - 2:10pm | 321Five Below Inc (NASDAQ: FIVE) reported on Wednesday its second-quarter results, which consisted of not only top- and bottom-line beats but was the 41st consecutive quarter of positive comps. Scot Ciccarelli of RBC Capital Markets pointed out the Five Below's comp streak in a research report. The...
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An Interesting Retail Pair Trade: Costco Outperform, Wal-Mart Underperform
Tuesday, May 3, 2016 - 9:41am | 296A relatively weak Q1 earnings season once again has traders worried about a market downfall, yet so far, the S&P 500 has been fairly resilient. In uncertain times like these, pair trades offer the potential for upside with protection to the downside in the event of a market selloff. RBC Capital...