Home Depot (HD) posted gross margin, EBITDA (earnings before interest, tax, depreciation, and amortization) margin, and net margin of 34.6%, 17.0%, and 8.8%, respectively, for 3Q17.
For the next four quarters, analysts are expecting Home Depot (HD) to post revenues of $104.3 billion, which represents growth of 5.1% from $99.2 billion in the corresponding four quarters of the previous year.
In 3Q17, Home Depot (HD) posted SSSG (same-store sales growth) of 7.9% against analysts’ expectation of 5.8%.
Home Depot (HD) has posted revenues of $25.03 in 3Q17, which represents growth of 8.1% from $23.2 billion in 3Q16.
Home Depot (HD) posted adjusted EPS of $1.87 on revenues of $25.0 billion. Compared to 3Q16, the company’s EPS rose 16.9%, while revenues rose 8.1%.
Core sales—excluding energy (XLE), building materials, and auto sales—also rose 0.4% in October, which is a positive sign for the economy.
As of November 15, 2017, Nordstrom stock was rated a “hold” by 17 of 26 analysts (or 65%). The stock was rated a “buy” by four analysts and a “sell” by five analysts.
Nordstrom’s (JWN) retail gross margin fell 12 basis points on a year-over-year basis to 34.7% in fiscal 3Q17, which ended on October 28, 2017.
Nordstrom’s same-store sales fell 0.9% in fiscal 3Q17. The hurricanes during the quarter affected its sales by $20 million.
In fiscal 3Q17, Nordstrom’s (JWN) adjusted EPS (earnings per share) of $0.71 exceeded analysts’ expectation of $0.63 but declined on a year-over-year basis.
Nordstrom’s (JWN) valuation multiple rose 2.4% on November 10, 2017, in reaction to its fiscal 3Q17 results that were announced after the close of the financial markets on November 9, 2017.
The better-than-expected 3Q17 earnings and increased 2017 EPS guidance appear to have compelled analysts to raise their target price for Buffalo Wild Wings.
On November 14, 2017, Buffalo Wild Wings (BWLD) stock rose 24.0% following reports that the company has received a takeover bid of $2.3 billion from Roark Capital Group.
As of November 13, Macy’s (M) was trading at a 12-month forward PE (price-to-earnings) ratio of 7.0x.
Macy’s (M) gross margin improved by ten basis points to 39.9% in fiscal 3Q17.
Macy’s (M) delivered sales of $5.28 billion in fiscal 3Q17. The company’s third-quarter sales lagged the consensus analyst estimate of $5.31 billion.
Macy’s (M) delivered adjusted EPS (earnings per share) of $0.23 in fiscal 3Q17, which ended on October 28, 2017.
Macy’s (M) stock surged about 11% on November 9 in reaction to its fiscal 3Q17 results. However, the company’s stock continues to be in the red on a YTD (year-to-date) basis.
As of November 13, Lowe’s Companies (LOW) was trading at $77.53. On the same day, analysts were expecting the company’s stock price to reach $85.68 in the next 12 months.
For our analysis, we consider the forward PE (price-to-earnings) multiple due to the high visibility of Lowe’s Companies (LOW) earnings.