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Kroger's Turnaround: No One Said This Was Going To Be Easy
Monday, September 11, 2017 - 9:45am | 579Read More...By most accounts, Kroger Co (NYSE: KR) isn’t really a standout in the grocer league. The firm reported in-line earnings per share and a marginal revenue beat Friday, but lately it’s done little to draw eyes from all-star rivals. “Competition remains intense, led by Wal-Mart Stores...
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Buy US Foods On Recent Weakness
Thursday, August 10, 2017 - 1:27pm | 420Read More...Deutsche Bank recommended the pullback in US Foods Holding Corp (NYSE: USFD) shares on wider industry concerns be treated as a buying opportunity. Accordingly, the firm reiterated its Buy rating on the shares of US Foods with $33 price target. Analyst Shane Higgins noted that the company...
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Friday's Kroger Sell-Off A Buying Opportunity?
Monday, June 19, 2017 - 1:12pm | 510Read More...“Fear creates opportunity,” Deutsche Bank analyst Shane Higginssaid as he maintains his Buy rating on Kroger Co (NYSE: KR) with a $26 price target. Kroger was hit hard over the past couple weeks after weaker-than-expected first-quarter earnings and the news of Amazon.com, Inc.'s (...
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Don't Be Hasty To Dump Casey's, Deutsche Bank Says Long-Term Outlook Still Positive
Tuesday, June 6, 2017 - 1:16pm | 478Read More...Shares of Casey's General Stores Inc (NASDAQ: CASY) were trading lower by more than 7 percent Tuesday morning after the company's fiscal fourth-quarter earnings report disappointed the Street. Despite the miss, investors looking to cut their losses should consider what analysts at Deutsche Bank...
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Whole Foods Shakes Up Its Board, Calls In The 'A-Team'
Thursday, May 11, 2017 - 1:08pm | 340Read More...Whole Foods Market, Inc. (NASDAQ: WFM)'s changes to its executive team and 2020 guidance is receiving a mixed reaction from Wall Street. Analysts at Credit Suisse argued that Whole Foods' new changes aren't perfect but good enough to help the stock. Analysts at Deutsche Bank are taking...
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GNC's New Strategy Driving Store Traffic, And Short Covering
Wednesday, April 19, 2017 - 1:06pm | 350Read More...GNC Holdings Inc (NYSE: GNC) investors can’t help but be excited about the company’s surprisingly solid Q1 earnings report and the stock’s impressive 28 percent two-day rally. However, Deutsche Bank analyst Shane Higgins says GNC bulls shouldn’t get too far ahead of...
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Sell-Side's View On Whole Foods' New Activist Investor Slightly Cautious
Tuesday, April 11, 2017 - 1:18pm | 618Read More...Whole Foods Market, Inc. (NASDAQ: WFM) shares surged Monday, rising by roughly 10 percent, after Jana Partners picked up a 8.3 percent stake in the company. Following the development, sell-side analysts sounded cautious about the move. Jana's Ownership Stake Doesn't Alter Fundamental Picture...
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Kroger Stands Its Ground In Price War With Wal-Mart, But Do Market Share Gains Offset Declining Comps?
Friday, March 3, 2017 - 12:05pm | 354Read More...Deutsche Bank’s Shane Higgins continues to believe Kroger Co (NYSE: KR) is well positioned to drive market share gains as well as EPS growth over time, given the numerous advantages the company has. The analyst maintains a Buy rating on the company, while lowering the price target from $39 to...
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Deutsche Bank Remains Cautious On GNC
Friday, February 17, 2017 - 10:51am | 334Read More...GNC Holdings Inc (NYSE: GNC) reported its fourth-quarter results significantly below already low expectations. There is limited visibility into when and by how much comps and margins would improve, Deutsche Bank’s Shane Higgins said in a report. He maintains a Hold rating on the company,...
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4 Key Questions Ahead Of GNC's Q4 Earnings Report
Monday, February 13, 2017 - 11:06am | 316Read More...GNC Holdings Inc (NYSE: GNC) is scheduled to report its Q4 results on February 16. The company’s transition to a new pricing and promotional strategy could have a significant impact on comps, margins and earnings, Deutsche Bank’s Shane Higgins said in a report. He added, however, that...
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Whole Foods' Strategic Shift Too Little Too Late?
Thursday, February 9, 2017 - 12:06pm | 370Read More...Whole Foods Market, Inc. (NASDAQ: WFM) reported its Q1 EPS in-line with expectations, but reduced its full-year guidance. Although the company has refined its growth strategy, this “may not be enough to offset secular headwinds,” Deutsche Bank’s Shane Higgins said in a report. He...
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Sysco Delivers Q2 Beat, But Some Staying On The Sidelines Until Restaurant Trends Improve
Tuesday, February 7, 2017 - 2:44pm | 312Read More...Shares of SYSCO Corporation (NYSE: SYY) rose more than 2 percent after the company’s second-quarter earnings topped estimates as upside in Brakes and better-than-expected margin performance in U.S. foodservice offset slowing U.S. case volume growth. Deutsche Bank: Staying Sidelined Deutsche...
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Kroger Bears Seem To Outnumber Bulls Ahead Of Q3 Results
Wednesday, November 30, 2016 - 1:24pm | 289Read More...Deutsche Bank said investors exhibited cautious sentiment ahead of Kroger Co (NYSE: KR)’s third-quarter results on December 1 amid ongoing concerns around food deflation and the expansion of hard discounters, Aldi and Lidl. Bulls Vs. Bears The brokerage noted that bears easily outnumbered the...
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All The Sell-Side Reactions To Whole Foods' Q4
Friday, November 4, 2016 - 9:01am | 582Read More...Investors initially reacted positively to Whole Foods Market, Inc. (NASDAQ: WFM)'s fourth-quarter results and the stock traded as high as $30.06 on Thursday. However, selling pressure resulted in the stock giving up all of its daily gains and closing lower by 0.18 percent on the day at $28.46. Here...
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Whole Foods Initiatives Struggling Against Competitive Environment
Thursday, November 3, 2016 - 12:28pm | 399Read More...Whole Foods Market, Inc. (NASDAQ: WFM) reported its Q4 results, with the traffic and comps missing expectations. Deutsche Bank’s Shane Higgins maintains a Hold rating on the company, while lowering the price target from $32 to $29. The company reported its Q4 WPS at $0.28, beating the...
