Mike Baker

Deutsche Bank commented on Bed Bath & Beyond Inc. (NASDAQ: BBBY) Friday following its Q3 results. “Comps were 1.7 percent, which was below estimates of 2-3 percent and expectations of 3 percent as BBBY had an easier comparison. As such, the two year stacked decelerated by 400 bps. E-...

Mike Baker of Deutsche Bank released a list of 13 predictions concerning the Retail sector. The predictions are: Retail will outperform the market in 2015 after underperforming in 2014. Retail sales growth will accelerate, helped by lower energy costs. Gross margins have peaked, but...

Deutsche Bank analyst Mike Baker commented Wednesday on the report that Dicks Sporting Goods Inc (NYSE: DKS) may go private. Baker noted that with “Reuters reporting that DKS is in preliminary talks to be acquired by private equity, we are updating our LBO model, which shows that under...

In a report published Friday, Deutsche Bank analyst Mike Baker reiterated a Hold rating and $57.00 price target on Bed Bath & Beyond Inc. (NASDAQ: BBBY). In the report, Deutsche Bank noted, “BBBY reports 3Q14 EPS on 01/08 AMC and hence will be one of the first hardline data points regarding...

Lowe's Companies, Inc. (NYSE: LOW) will host an Analyst Day on Thursday for the first time since December 2012, when the company presented a long-term target of achieving a 2015 operating margin of 9.7 percent on annual comps of 4.3 percent through 2015. "When Lowe's first announced that outlook,...

AutoZone, Inc. (NYSE: AZO) is scheduled to report its first-quarter results on December 9 before market open. In a note to clients on Monday, Deutsche Bank analyst Mike Baker is expecting AutoZone to report comps of 2.7 percent, ahead of consensus expectations of 2.4 percent. However, the...

In a report published Monday, Deutsche Bank analyst Mike Baker reiterated a Buy rating and $51.00 price target on Dicks Sporting Goods Inc (NYSE: DKS). In the report, Deutsche Bank noted, "We view DKS as one of the more controversial names in our space. The stock is down 27% YTD, but has been about...

In a report published Tuesday, Deutsche Bank analyst Mike Baker reiterated a Hold rating and $57.00 price target on Bed Bath & Beyond Inc. (NASDAQ: BBBY). In the report, Deutsche Bank noted, “BBBY reports 2Q14 results on 9/23, AMC. We are modeling comps of 1.3%, in line with consensus of 1.4%...

In a report published Thursday, Deutsche Bank analyst Mike Baker reiterated a Hold rating and $62.00 price target on Williams-Sonoma (NYSE: WSM). In the report, Deutsche Bank noted, “WSM reported brand comps of 5.7%, approx in line with Thomson consensus of 5.8%, but a slowdown from the 10% range...

Ross Stores (NASDAQ: ROST) shares gained more than seven percent Friday after beating second-quarter Street views, but analysts were divided on the company's outlook. The nation's third-largest off-price apparel retailer is expanding its square footage even as sales growth slows, Credit...

Lumber Liquidators’ (NYSE: LL) and Tractor Supply’s (NASDAQ: TSCO) horrible guidance Wednesday has put several sympathy stocks in play. Home Depot (NYSE: HD) shares are down three percent and Lowe’s (NYSE: LOW) shares have sold off 2.8 percent on sectoral weakness concerns....

Deutsche Bank analyst Mike Baker provided insight to the firm's position on a few notable retailers who missed on their quarterly earnings. Specifically, Baker's note covered Dick's Sporting Goods (NYSE: DKS), The Home Depot (NYSE: HD), Staples (NASDAQ: SPLS), and The TJX Companies (NYSE: TJX...

Bed Bath & Beyond (NASDAQ: BBBY) will report its fourth quarter results after market close on Wednesday. Analysts are expecting the company to earn $1.60 per share on $3.22 billion of revenue. The last time Bed Bath & Beyond reported earnings on January 8, the company earned $1.12 per...

In a report issued today, Deutsche Bank outlined its initial coverage of Hibbett Sports (NASDAQ: HIBB), announcing a Hold rating and a price target of $55. Deutsche Bank's Mike Baker kicked off the outlook on Hibbett Sports slightly optimistic saying, "We see the key fundamental themes as mixed...