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Morgan Stanley Turns Bearish On Williams-Sonoma, Expects Pressures To Intensity
Wednesday, January 23, 2019 - 4:40pm | 325Read More...Specialty retailer Williams-Sonoma, Inc. (NYSE: WSM) faces multiple headwinds in 2019, which is likely to lead an acceleration in margin deterioration along with greater top-and-bottom line pressure, according to Morgan Stanley. The Analyst Morgan Stanley's Simeon Gutman downgraded...
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Morgan Stanley Upgrades Walmart, Says Premium Valuation Is Justified
Wednesday, January 23, 2019 - 10:10am | 365Read More...After showing five years of consecutive U.S. EBIT declines, retail giant Walmart Inc (NYSE: WMT) should be able to show EBIT growth in 2019 as top-line momentum appear to be sustainable, according to Morgan Stanley. The Analyst Morgan Stanley's Simeon Gutman upgraded Walmart from Equal-...
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Cowen Says PVH's Growth Expectations Are Too High, Downgrades Stock
Tuesday, January 22, 2019 - 2:48pm | 379Read More...Tommy Hilfiger and Calvin Klein parent company PVH Corp (NYSE: PVH) is among the most recommended clothing stocks in the sector and faces expectations from the Street that are too high, according to Cowen. The Analyst Cowen's John Kernan downgraded PVH from Outperform to Market Perform with a...
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The Street Reacts To Holiday Retail Sales
Thursday, December 27, 2018 - 11:49am | 889Read More...The 2018 holiday shopping season is tracking to be the strongest in six years, as total retail spending from the start of November through Dec. 24 rose 5.1 percent from a year ago to more than $850 billion, CNN reported, according to Mastercard SpendingPulse. Four Experts React Four...
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Baird: What Rite Aid's Renewed Deal With Distributor McKesson Means For Both Companies
Thursday, December 20, 2018 - 12:32pm | 405Read More...Retail pharmacy chain Rite Aid Corporation (NYSE: RAD) announced a renewal of its contract Wednesday with pharmaceutical distributor McKesson Corporation (NYSE: MCK) through 2029. What Happened McKesson will continue sourcing and offering Rite Aid delivery of branded and generic drugs...
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What's Next For Rent-A-Center?
Wednesday, December 19, 2018 - 4:22pm | 383Read More...Furniture and electronic goods rent-to-own retailer Rent-A-Center Inc (NASDAQ: RCII) terminated a merger agreement with Vintage Capital Management, which prompted an immediate sell-off in the stock. An Upgrade Raymond James' Budd Bugatch upgraded Rent-A-Center's stock rating from Market...
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Rent-A-Center Calls Off Vintage Capital Merger, Shares Fall 17%
Tuesday, December 18, 2018 - 10:05am | 340Read More...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...
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Bernstein: The Day To Upgrade Dollar Tree 'Has Finally Come'
Friday, December 14, 2018 - 4:57pm | 410Read More...The bullish case for Dollar Tree, Inc. (NASDAQ: DLTR) "has finally come" after the company worked to erase the perception that its Family Dollar business is valued at zero, according to Bernstein. The Analyst Analyst Brandon Fletcher upgraded Dollar Tree's stock rating from...
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A Bull And Bear Analyze Costco's Q1 Earnings Print
Friday, December 14, 2018 - 12:22pm | 474Read More...Costco Wholesale Corporation (NASDAQ: COST) reported Thursday its fiscal first-quarter earnings, highlighted by a sales miss amid a more competitive environment, especially in the fresh-grocery category. Here is a summary of what two analysts on opposite sides of the trade are saying after the...
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Wedbush On Lowe's: 'A New Day' Has Arrived
Thursday, December 13, 2018 - 3:59pm | 353Read More...Lowe's Companies, Inc. (NYSE: LOW) this week hosted an analyst day presentation in which management, under new CEO Marvin Ellison, offered a "compelling roadmap" of growth, according to Wedbush. The Analyst Wedbush's Seth Basham maintains a Neutral rating on Lowe's with...
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A Few Key Takeaways From Home Depot's Sell-Side Presentation
Monday, December 10, 2018 - 5:25pm | 507Read More...Home Depot Inc (NYSE: HD) last week hosted its annual presentation and Q&A session for the sell-side investment community which received a mixed reaction from Street analysts. The Analysts Raymond James' Budd Bugatch maintains an Outperform rating on Home Depot with an unchanged $205...
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Should Investors Buy The Dip In Ulta Beauty? The Street Debates
Friday, December 7, 2018 - 2:20pm | 592Read More...Retailer Ulta Beauty Inc (NASDAQ: ULTA) reported an earnings beat in its third-quarter results, while sales fell inline with expectations but management's outlook for the holiday quarter fell short of the Street's estimates. Here is a summary of how some of the Street's top analysts...
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What The Street Is Saying After RH's Strong Q3 Print
Tuesday, December 4, 2018 - 2:41pm | 815Read More...Luxury home furnishing retailer RH (NYSE: RH), formerly known as Restoration Hardware, reported a blowout third-quarter earnings highlighted by a top-and-bottom line beat, an upward revision to management's fourth quarter and full year 2018 outlook, and encouraging 2019 guidance. On Tuesday...
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Burlington A Good Fit For Investors, Cowen Says After Q3 Print
Wednesday, November 28, 2018 - 4:32pm | 483Read More...Burlington Stores Inc (NYSE: BURL) reported Wednesday with third-quarter results that arrived better than expected and helped push the stock higher by more than 10 percent. What Happened Burlington Stores said it earned $1.21 per share in Q3 on revenue of $1.63 billion versus expectations...
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Wells Fargo: Street Estimates For RH Are Too Low, Valuation Doesn't Reflect Growth Outlook
Tuesday, November 27, 2018 - 4:48pm | 484Read More...If the economic cycle is near its peak, investors shouldn't be faulted for being lukewarm on luxury retailers including RH (NYSE: RH) — but a bullish case for the stock remains, according to Wells Fargo. The Analyst Analyst Zachary Fadem reinstated coverage of RH with...
















