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2 Grocery Outlet Analysts Remain Sidelined Despite Praising Q3 Print
Tuesday, November 12, 2019 - 4:48pm | 442Read More...Two Grocery Outlet Holding Corp (NASDAQ: GO) analysts had plenty of praise for the extreme value grocery chain's third-quarter report, but fell short of recommending the stock to investors. The Analysts UBS analyst Michael Lasser maintains a Neutral rating on Grocery Outlet with...
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Costco Analysts Mostly Bullish After Q4 Earnings Beat, Growth In Membership, Traffic
Friday, October 4, 2019 - 11:52am | 638Read More...Analysts praised Costco Wholesale Corporation (NASDAQ: COST) for double-digit EPS and strong comparable store sales growth, and in a couple cases raised price expectations on the stock after the retailer's fourth-quarter report. The company beat earnings estimates by 15 cents ...
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The Street Reacts To Kroger's Q2 With Mixed Takeaways
Friday, September 13, 2019 - 11:50am | 679Read More...Kroger Co (NYSE: KR) reported second-quarter results that came in better than expected. The earnings beat may have been overshadowed by management's decision to remove its prior guidance of $400 million in incremental EBIT by fiscal 2021. Q2 A Mix Of Positives And Negatives Kroger's...
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Target's 'Transformational Quarter' Keeps Analysts Bullish On The Future
Thursday, August 22, 2019 - 11:42am | 746Read More...Target Corporation (NYSE: TGT) reported second-quarter results Wednesday morning, which sent shares higher by 20%. The department store giant not only reported a top- and bottom-line beat but management lifted its full-year earnings outlook higher. Here is a summary of how some of the Street...
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Analysts Remain Sidelined After Grocery Outlet's 'Impressive' Quarter
Wednesday, August 14, 2019 - 12:52pm | 436Read More...Value retailer Grocery Outlet Holding Corp (NASDAQ: GO) reported second-quarter results that were encouraging but two analysts aren't ready to recommend investors buy the stock. The Analysts Bank of America's Robert Ohmes maintains a Neutral rating on Grocery Outlet with a price target...
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Bank Of America Likes Grocery Outlet Holdings Unique Business Model
Monday, July 15, 2019 - 3:56pm | 354Read More...Newly-public Grocery Outlet Holding Corp (NASDAQ: GO) has scored an initiation of coverage from Bank of America. The Analyst Bank of America analyst Robert Ohmes initiated coverage with a Neutral rating and a $37 price target. The Thesis Ohmes says there's upside potential in Grocery Outlet due...
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Wall Street Reacts To Nike's First Earnings Miss In 7 Years
Friday, June 28, 2019 - 2:25pm | 625Read More...Nike Inc (NYSE: NKE) is coming off a surprise fourth-quarter earnings miss Thursday; here's how Wall Street is reacting. BofA: Just Don't Do It Bank of America Merill Lynch analyst Robert Ohmes was particularly bearish on Nike, lowering his earnings estimates for the first...
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Kroger's Q1 Draws Tepid Reaction From Analysts, Investors Pull Back
Friday, June 21, 2019 - 3:16pm | 606Read More...Kroger Co (NYSE: KR) shares slumped Friday after the grocery chain reported lackluster identical store sales that were below company expectations. Sell-side analysts were mostly forgiving, saying that expectations are modest — and the chain’s online efforts could be...
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Wall Street Stays Neutral On Dicks Sporting Goods Amid Potential Exit From Hunting Category
Thursday, May 30, 2019 - 2:18pm | 574Read More...Dicks Sporting Goods Inc (NYSE: DKS) shares fell Wednesday and were volatile Thursday after the retailer reported a first-quarter beat. Here's what the sell-side had to say. Canaccord Genuity The first-quarter print was a mixed bag, and the higher guidance is mostly buyback-...
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Bank Of America Downgrades Canada Goose, Highlights Slowing DTC Business
Thursday, May 30, 2019 - 9:09am | 320Read More...The bullish case for Canada Goose Holdings Inc (NYSE: GOOS) can no longer be justified after the maker of apparel for cold weather showed a slowdown in its direct-to-consumer business in its fiscal fourth-quarter earnings report, according to Bank of America. The Analyst Bank of America's...
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BofA: Athletic Apparel Brands, Retailers Face Difficult Back-To-School Season
Wednesday, May 29, 2019 - 4:26pm | 512Read More...The athletic apparel industry may be in for another challenging back-to-school season. Bank of America analyst Robert Ohmes said in a Tuesday note he remains cautious on Foot Locker, Inc. (NYSE: FL), Hibbett Sports, Inc. (NASDAQ: HIBB), Nike Inc (NYSE: NKE) and Adidas AG (ADR) (OTC: ADDYY) due...
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Analysts Like Target's Strong Comps, Interested In Move To Omnichannel Business
Thursday, May 23, 2019 - 1:08pm | 691Read More...Target Corporation (NYSE: TGT)'s strong sales numbers have the sell-side bullish, with particular interest in the legacy retailer’s addition of digital order fulfillment to its apparent strengths. Target beat analysts' estimates on both earnings and sales in its first quarter report...
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Analysts React To Walmart's Q1 Earnings
Friday, May 17, 2019 - 2:05pm | 590Read More...Retail behemoth Walmart Inc (NYSE: WMT) reported first-quarter results highlighted by a big earnings beat, a 3.4 percent U.S. comp growth and 37 percent e-commerce growth. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Raymond James' Budd...
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What To Make Of A Messy First Quarter For US Retailers
Tuesday, April 9, 2019 - 8:20am | 643Read More...U.S. retail sales numbers from the month of February looked pretty bad at first glance, but there may be reason for optimism in the retail space. Earlier this month, the government reported a 0.2-percent decline in February retail sales, but there are a handful of caveats to the low number. Deep...
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Is Nike A Victim Of Its Own Success?
Friday, March 22, 2019 - 2:54pm | 813Read More...Nike Inc (NYSE: NKE) shares were falling Friday despite reporting a strong third-quarter earnings beat on Thursday. Morgan Stanley Analyst Lauren Cassel said that although expectations are high, Nike remains the firm's top pick and recommends buying the dip, as the apparel maker's direct-to...
















