-
Momentum And Discipline: The Street Weighs In On Walmart
Friday, August 16, 2019 - 11:22am | 577Read More...Walmart Inc (NYSE: WMT) reported second-quarter results on Thursday, highlighted by strong U.S. comps and the 16th EPS beat out of the past 17 quarters. The Analysts KeyBanc Capital Markets analyst Edward Yruma maintains an Overweight rating on Walmart with a price target lifted from $125 to $128....
-
Sysco Delivers: Street Remains Bullish On Food Service Company After Q4 Beat
Tuesday, August 13, 2019 - 11:56am | 480Read More...Wall Street analysts remained bullish on Sysco Corporation (NYSE: SYY) Tuesday after the food distributor beat expectations on earnings despite lower volume growth thanks to strong cost containment. Sysco posted fourth-quarter earnings of $1.10 per share, topping the Street’s $1.06 estimate,...
-
What's Next For Five Below?
Thursday, March 28, 2019 - 1:00pm | 471Read More...Buckingham's bullish stance on Five Below Inc (NASDAQ: FIVE) remains unchanged after the company's fourth-quarter results, a stance KeyBanc doesn't agree with. The Analysts Buckingham Research Group's Bob Summers maintains a Buy rating on Five Below with a price target lifted from $...
-
Analysts Mixed On Ollie's Bargain Outlet After Q4 Earnings
Wednesday, March 27, 2019 - 1:23pm | 371Read More...Ollie's Bargain Outlet Holdings Inc (NASDAQ: OLLI) reported mixed fourth-quarter results and management's EPS guidance for the full year ahead fell mostly short of expectations. The Analysts KeyBanc Capital Markets' Bradley Thomas maintains an Overweight rating on Ollie's with...
-
Dollar General's Selloff May Have Created An Entry Point
Wednesday, September 14, 2016 - 1:56pm | 221Read More...Macquarie retained its Outperform rating on Dollar General Corp. (NYSE: DG) saying the recent selloff has created an "excellent" entry point as the competitive concerns are "generally misplaced" and overblown, while the macro pressures are transitory in nature. According to...
-
Macquarie On Dollar General: Well-Positioned With An Attractive Setup
Wednesday, August 24, 2016 - 10:56am | 231Read More...Bob Summers of Macquarie Capital is bullish on Dollar General Corp. (NYSE: DG) ahead of its second quarter results. According to Summers, Dollar General is expected to report a "strong" quarter given its "improving all-around execution" along with a favorable backdrop from a...
-
Sprouts Farmers Market Harvested Industry-Leading Comp Sales In Recent Quarter
Monday, August 8, 2016 - 2:34pm | 364Read More...Despite a 15 percent loss in its stock since the start of 2016, Bob Summers of Macquarie Capital argued that Sprouts Farmers Market Inc (NASDAQ: SFM) remains an "attractive long-term growth" story. Sprouts reported its second-quarter results last Thursday. which exceeded Summers' earnings...
-
At Least One Analyst Is Waiting On The Sidelines Ahead Of Whole Foods' Q2 Results
Wednesday, May 4, 2016 - 12:31pm | 359Read More...Whole Foods Market, Inc. (NASDAQ: WFM) is set to release its second-quarter results late Wednesday, and Macquarie said the results will be characterized by "accelerating negative comparable store store sales" and margin contraction "which could prove worse than anticipated." Wall Street expects the...
-
Macquarie Expecting Strong Q1 From CVS 'Despite Transitory Flu Pressure'
Monday, May 2, 2016 - 5:00pm | 264Read More...Macquarie analysts Bob Summers and Max Rakhlenko are expecting CVS Health Corp (NYSE: CVS) to report strong first quarter financial results on Tuesday morning, even in spite of the headwinds posed by a transitory weak flu season and persisting pressure from reimbursement rates. For the first...
-
Why This Analyst Is Expecting A More Challenging Q1 For Vitamin Shoppe
Monday, May 2, 2016 - 3:58pm | 247Read More...Vitamin Shoppe Inc (NYSE: VSI) will have to face a more challenging first quarter than analysts were originally expecting, Macquarie analysts Bob Summers and Max Rakhlenko said in a recent report. The experts cited sizable discounting in some items from a primary competitor, which “may...
-
Food Stamp Usage Is Declining
Wednesday, March 23, 2016 - 1:54pm | 451Read More...Food stamp benefits fell 3.1 percent in December. The decline has been attributed to the approximated 230 basis point drop in participation and roughly 80 basis point decline in benefits/person. According to Macquarie Research, this is the "ninth consecutive monthly decline since the November 2013...
-
Macquarie Warns Kroger Investors: 'Sell While You Can'
Friday, March 4, 2016 - 11:16am | 246Read More...Macquarie's Bob Summers downgraded the rating on The Kroger Co (NYSE: KR) from Neutral to Underperform, while lowering the price target from $33 to $27. "We believe the stock's rerating was not permanent and expect the multiple to contract given disappointing Q4 and FY16 same-store...
-
Should Retail Investors Be Worried This Holiday Season?
Friday, November 20, 2015 - 10:37am | 428Read More...Wal-Mart Stores, Inc. (NYSE: WMT) and Target Corporation (NYSE: TGT) reported mixed Q3 earnings ahead of the holiday shopping season. Macquarie sees traffic growth as a positive for both companies, but e-commerce growth remains weak. The firm maintains its Neutral rating on Walmart and its...
-
Walgreens' Strong Quarter Will 'Build Confidence' In Stock: Macquarie
Friday, July 10, 2015 - 12:20pm | 273Read More...Walgreens Boots Alliance Inc (NASDAQ: WBA) reported strong third quarter earnings on Thursday, exceeding earnings and comparable store sales growth expectations. In fact, each operating segment surpassed consensus estimates. The results were driven by better than expected SG&A performance,...
