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The Street Debates Whether Costco Investors Should Buy The Dip
Friday, September 25, 2020 - 10:04am | 699Costco Wholesale Corporation (NASDAQ: COST) reported a top-and-bottom line beat in the fourth quarter, but shares moved lower following the earnings release Thursday afternoon. Here's how the Street reacted. The Costco Analysts: BofA Securities analyst Robert Ohmes maintained a...
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3 Kroger Analysts On Q1 Numbers, Digital Sales, Pandemic Trends
Friday, June 19, 2020 - 11:23am | 617Grocery chain Kroger Co (NYSE: KR) reported Thursday with first-quarter results that were highlighted by an EPS and same-store sales beat. Here's how the Street reacted. The Kroger Analysts: Wells Fargo analyst Edward Kelly maintains an Overweight rating on Kroger's stock with an...
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The Street Debates Whether Five Below's Stock Is A Bargain
Wednesday, June 10, 2020 - 12:05pm | 736Value retailer Five Below Inc (NASDAQ: FIVE) reported first-quarter results Tuesday that were highlighted by a 52% decline in comps and a wider-than-expected loss of 91 cents per share due to the COVID-19 pandemic. Yet some Street analysts remain bullish on the stock on the basis of an encouraging...
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A Modern Retail Winner: Wall Street Bullish On Walmart Following Big Q1
Wednesday, May 20, 2020 - 9:16am | 609Walmart Inc (NYSE: WMT) shares are ticking higher after falling Tuesday following the retail giant's better-than-expected earnings numbers amid the COVID-19 crisis. Walmart reported 74% online sales growth and 10% same-store sales growth in the first quarter. Walmart also reported EPS of $1.18 on...
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Wells Fargo: Dollar Tree A 'Sound Investment In An Uncertain Landscape'
Tuesday, March 31, 2020 - 2:21pm | 350Dollar Tree, Inc. (NASDAQ: DLTR) should be considered a "sound investment in an uncertain landscape" although there is still a certain degree of risk involved, according to Wells Fargo. The Dollar Tree Analyst Edward Kelly maintains an Overweight rating on Dollar Tree's stock with a...
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Analysts Weigh In On Ollie's Bargain Outlet's Q3 Report
Wednesday, December 11, 2019 - 3:25pm | 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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3 Analysts Debate Kroger's Stock Following Q3 Earnings
Friday, December 6, 2019 - 10:28am | 596Kroger Co (NYSE: KR) reported Thursday third-quarter resultsthat fell short of expectations. Kroger reported quarterly earnings of 47 cents per share, which missed the analyst consensus estimate by a penny. The company reported quarterly sales of $27.974 billion, which missed the analyst consensus...
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United Natural Foods Sinks After Rotten Q4 Earnings
Wednesday, October 2, 2019 - 12:11pm | 363United Natural Foods Inc (NYSE: UNFI) shares are getting crushed after reporting a fourth-quarter earnings miss on Tuesday. United Natural Foods reported quarterly earnings of 44 cents per share, which missed the analyst consensus estimate of 52 cents. The company reported quarterly sales of $6.41...
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UBS, Wells Fargo Remain BJs Wholesale Bulls, Morgan Stanley Sticks To Sidelines
Friday, August 23, 2019 - 1:51pm | 689The warehouse club BJs Wholesale Club Holdings Inc (NYSE: BJ) reported a second-quarter EPS beat Thursday, but sales fell short of expectations by about 1%. Here's how the Street reacted. The Analysts Wells Fargo analyst Edward Kelly maintained an Outperform rating on BJs...
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2 Takes On Ollie's Bargain's Q1: KeyBanc Bullish, Wells Fargo Neutral
Friday, June 7, 2019 - 1:41pm | 583Extreme value retailer Ollie's Bargain Outlet Holdings Inc (NASDAQ: OLLI) reported first-quarter results Thursday that KeyBanc Capital Markets said were "solid" — but Wells Fargo views as a "somewhat low-quality" beat-and-raise. The Analyst KeyBanc's Bradley...
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What To Make Of Costco's May Sales
Thursday, June 6, 2019 - 12:50pm | 346Costco Wholesale Corporation (NASDAQ: COST) said Wednesday afternoon total sales for the month of May rose 5.9 percent year over year to $11.67 billion and comparable sales rose 4.2 percent. Multi-Year Trends Intact Costco's May comps of 4.2 percent represents a deceleration from March and...
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The Street's Reaction To Five Below's Earnings, Tariff Commentary
Thursday, June 6, 2019 - 10:10am | 614Five Below Inc (NASDAQ: FIVE), a retailer that sells all products in store for $5 or less, reported fiscal first-quarter results and a plan to help mitigate any impact from tariffs. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Bank of America...
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Wells Fargo Comes Away Disappointed From Kroger's Management Meeting
Thursday, March 14, 2019 - 10:50am | 379Kroger Co (NYSE: KR) hosted a meeting Wednesday to introduce new CFO Gary Millerchip. While the company did address some concerns, there continues to be a lack of clarity into the reasons for the grocery chain's poor fourth-quarter performance and why management expects a positive...
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Is Dollar Tree A Bargain Stock After Q4 Earnings?
Thursday, March 7, 2019 - 3:05pm | 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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What To Make Of Longtime Kroger CFO's Retirement
Tuesday, December 18, 2018 - 2:27pm | 575Grocery chain Kroger Co (NYSE: KR) on Monday announced CFO J. Michael Schlotman will retire from the company in one year after holding the title since 2000. Schlotman will be replaced by Gary Millerchip, CEO of Kroger Personal Finance, in April 2019 at which point Schlotman will remain an executive...