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Walmart's EBIT Dilemma, And Why It Could Weigh On Shares Moving Forward
Friday, February 23, 2018 - 2:29pm | 411Investors are cautioned against buying Walmart Inc (NYSE: WMT)'s stock after suffering its worst trading day since the late 1990s, according to BMO. The Analyst BMO Capital Markets' Wayne Hood maintains a Market Perform rating on Walmart's stock. The Thesis Walmart's EBIT...
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One Chart That Shows How Amazon Is Simplifying Sears' Appliance Purchase, Installation Process
Friday, December 1, 2017 - 1:04pm | 546At first glance, Amazon.com, Inc. (NASDAQ: AMZN) and Sears Holdings Corp (NASDAQ: SHLD) may seem like an odd couple. But one analyst recently took a closer look at how the two retailers are teaming up to make appliance shopping a breeze. The Analyst BMO Capital Markets analyst Wayne Hood has an...
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Some Possible Reasons Behind Recent Correction In Party City
Tuesday, October 24, 2017 - 2:14pm | 346Party City Holdco Inc (NYSE: PRTY) corrected as much as 19 percent this month on a confluence of seasonal factors. By BMO Capital Markets estimates, the retailer registered disruptions to Halloween sales, which generally account for about 20 percent of domestic sales. BMO considered an emerging...
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Awaiting A Better Entry Point Around $33, BMO Initiates Floor & Decor At Market Perform
Thursday, September 14, 2017 - 10:40am | 348BMO Capital Markets initiated coverage of Floor & Decor Holdings, Inc. (NYSE: FND) at Market Perform, as it believes its
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Wal-Mart Showing Signs Of Life; Analyst Upgrades
Friday, May 19, 2017 - 11:14am | 520Following Wal-Mart Stores Inc (NYSE: WMT)'s first-quarter results released Thursday, BMO Capital Markets commented that the company is showing signs of life. Accordingly, the firm upgraded its rating on the company. Little To Quibble About Analyst Wayne Hood said there is little to be critical...
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Wal-Mart Data Trends Cause Increasing Concern, Easter Becomes Important Event
Thursday, April 6, 2017 - 10:19am | 459Following its assessment of Wal-Mart Stores Inc (NYSE: WMT)'s March pricing data, BMO Capital Markets said the data trend has it increasingly concerned about slowing transaction growth. That said, the firm thinks Easter in an important first-quarter event. Sequential Price Cuts Across The Board...
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December Price Changes At Wal-Mart
Wednesday, January 4, 2017 - 10:56am | 361Following a monthly assessment of the pricing actions by U.S. Wal-Mart Stores, Inc. (NYSE: WMT), BMO Capital’s Wayne Hood noted that average price reduction in the broad grocery category remained flat in December as compared to November. Hood maintains an Underperform rating on the company,...
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Dollar Tree Bumps Guidance After Judge Blocks New Overtime Rule
Friday, December 9, 2016 - 1:22pm | 281Wayne Hood of BMO Capital Markets commented in a research report on an "unexpected" update provided by Dollar Tree, Inc. (NASDAQ: DLTR) in its regulatory 10-Q filing. Dollar Tree said in the filing that management believes the Department of Labor's (DoL) overtime regulations will not have a...
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All The Sell-Side Reactions To Dick's Sporting Goods Q3
Wednesday, November 16, 2016 - 4:02pm | 304Dicks Sporting Goods Inc (NYSE: DKS) reported expectation-exceeding earnings on Tuesday. The share price, however, fell on conservative Q4 guidance. While investors reacted to the guidance in Tuesday's trading, analysts looked further. The gained market share from The Sports Authority and other...
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Sell-Side Reactions To Home Depot's Q3
Wednesday, November 16, 2016 - 3:41pm | 433Home Depot Inc (NYSE: HD) reported beat-and-raise results for its third quarter on strong demand from professional contractors, growth in big-ticket projects and favorable weather. Argus: Buy, $154 Price Target Argus maintains its Buy rating and $154 price target on Home Depot, saying the home...
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Macy's Sees A Path To Unlock Real Estate Value With Brookfield Partnership
Monday, November 14, 2016 - 2:03pm | 321Despite Macy's Inc (NYSE: M) delivering a 58.5 percent negative surprise on EPS on November 10, the stock has since gained more than 11 percent. There are two factors behind this. While the first is related to the sales outlook, the second is the unlocking of real estate value granted through the...
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Loyalty Programs Remain A Pillar For Kohl's In Q3
Friday, November 11, 2016 - 3:36pm | 231Thursday before market open, Kohl’s Corp. (NYSE: KSS) reported strong Q3 earnings compared to some of its department store peers, and the share price jumped more than 13 percent. BMO Capital Markets analyst Wayne Hood maintains a Market Perform rating and price target of $51 after the better-...
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Tractor Supply's Comp Sales Woes Persist, BMO Cuts Price Target
Friday, September 9, 2016 - 1:14pm | 320The ongoing comp woes of Tractor Supply Company (NASDAQ: TSCO) is worrying BMO, which cut the price target on the stock by $24 to $74. According to the brokerage, the company has joined other retailers such as Dollar General Corp. (NYSE: DG) and Casey's General Stores Inc (NASDAQ: CASY) who...
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Comp Headwinds Persist For Dollar General, BMO Downgrades
Friday, August 26, 2016 - 11:03am | 274Wayne Hood of BMO Capital Markets turned incrementally bearish on Dollar General Corp. (NYSE: DG) and downgraded the stock to Market Perform from Outperform with a price target slashed to $78 from a previous $95 after a "disappointing" second quarter earnings print. Hood's...
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Despite Disappointing Q2 Results, BMO Maintains Outperform On Lowe's
Monday, August 22, 2016 - 2:58pm | 238BMO maintained its Outperform rating on Lowe's Companies, Inc. (NYSE: LOW), despite a disappointing second quarter results, as it still sees above average EPS growth and upside in the stock to $86. The brokerage raised its price target by $1 to $86, implying a potential upside of 10.5...