Anthony Chukumba

Worldwide sellers taking part in Amazon.com, Inc. (NASDAQ: AMZN)'s annual Prime Day saw the biggest 24-hour sales day in Amazon history, the e-commerce platform said in a press release. Members in the U.S. saved hundreds of millions of dollars on items for sale, and there is...

E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN)'s annual shareholder letter focused mostly on its large size, scale and multiple initiatives ahead that could result in "multibillion-dollar failures." RBC's 5 Takeaways The five main takeaways from the letter penned by CEO Jeff...

Five Below Inc (NASDAQ: FIVE) could see continued upside after posting some impressive metrics in 2018, according to Loop Capital. The Analyst Loop Capital's Anthony Chukumba upgraded Five Below from Hold to Buy with a price target lifted from $120 to $145. The Thesis Five Below ended fiscal...

Furniture and electronics rent-to-own retailer Rent-A-Center Inc (NASDAQ: RCII) said Tuesday it terminated a merger agreement with Vintage Capital Management. What Happened Amid pressure from activist investors, Rent-A-Center agreed in the summer to sell itself to Vintage Capital for $1.37 billion...

Rent-A-Center Inc (NASDAQ: RCII) agreed to sell itself to Vintage Capital Management at $15 per share, which has some investors questioning why the stock is trading at an approximate 70-cent discount to the purchase price. Loop Capital Markets took a dive into the stock's potential merger...

Ulta Beauty Inc (NASDAQ: ULTA) is receiving a sell-side downgrade, but not on the basis of weak fundamentals. The law of large numbers could ultimately slow the company's blistering growth.  The Analyst  Loop Capital Market's Anthony Chukumba downgraded Ulta from Buy to Hold and...

Analyst updates poured in after Ulta Beauty Inc (NASDAQ: ULTA) reported a fourth-quarter earnings and sales miss, despite comps that were up 8 percent in the quarter. The cosmetics retailer issued weak first-quarter sales guidance and said it expects comps to rise 6-8 percent on the year. ...

With Amazon.com, Inc. (NASDAQ: AMZN) stock already up another 31 percent so far in 2018, analysts are scrambling to update their price targets along the way. On Wednesday, yet another analyst upped his price target for Amazon by $100. The Analyst Loop Capital analyst Anthony Chukumba reiterated...

Bankrupt toy store Toys R Us is reportedly looking at closing another 200 stores and lowering its headcount after a poor holiday season. If this is the case, Bed Bath & Beyond Inc. (NASDAQ: BBBY)'s children's concept, buybuy BABY, stands to greatly benefit, according to Loop Capital....

Amazon.com, Inc. (NASDAQ: AMZN) soared after its third quarter earnings report in October exceeded expectations. Here is a quick guide of what to expect when the company reports its fourth quarter results on Feb. 1. The Analyst Loop Capital Markets' Anthony Chukumba maintains a Buy rating on...

RH (NYSE: RH), formerly known as Restoration Hardware Holdings, saw its stock tumble from north of $100 per share in 2015 to end 2016 around $30 per share. But the stock "significantly de-risked" in 2017 and remains attractive at today's levels, according to Wall Street's newest...

Shares of Bed Bath & Beyond Inc. (NASDAQ: BBBY) lost more than 10 percent Thursday morning after the company reported a top- and bottom-line third-quarter beat — but some analysts found plenty of reason to be concerned beyond the headline numbers. Wedbush: Ability To Compete...

Dollar General Corp. (NYSE: DG) reported mixed earnings before the open Dec. 7, with same-store sales exceeding expectations but a decrease in net income. Here's how Wall Street reacted:  Morgan Stanley: Growth Continues Morgan Stanley's Vincent Sinisi reiterated an...

Retail returns to work today fat, happy and ready for a two-week nap after binging on your bank account over the Thanksgiving weekend. By Adobe Analytics’ latest projections, Americans were on pace to strike $6.59 billion in Cyber Monday spending — a 16.8-percent increase over 2016 that...