According to estimates by Adobe Analytics, Cyber Monday on November 27 was the biggest sales day ever for online shopping in the US.
At the end of November 28, 2017, Domino’s Pizza (DPZ) was trading at $172.29, a fall of 1.3% from the previous day’s closing price.
On November 28, 2017, Longbow Research lowered its 12-month target price for Domino’s Pizza (DPZ) from $246 to $215.
According to the Fed’s latest release on November 16, 2017, the seasonally adjusted US Industrial Production Index stood at 106.14 in October 2017.
According to the latest data released on November 22, the US Consumer Sentiment Index was at 98.5 in November 2017.
Wall Street analysts expect the non-farm payroll data change for November to fall to 185,000 from 261,000 in October.
In November, mainstream auto companies’ (IYK) stocks traded on a mixed note amid minor optimism in the broader market.
In October 2017, Fiat Chrysler Automobiles’ (FCAU) total sales in its home market of Italy reached ~41,200 vehicles units.
In 2016, GM reported retail sales of ~3.9 million units in China, a rise of 7.1% year-over-year.
In October 2017, GM’s total Chinese retail vehicle sales stood at 382,723 vehicle units, about 10.7% higher than its sales in October 2016.
In 3Q17, Ford’s revenues from the Asia-Pacific region rose and made a positive contribution to its profit margins.
Ford Motor Company (F) sold about 105,809 vehicle units in the Chinese market in October 2017.
In this series, we’ll explore the October 2017 Chinese sales figures of the top two US automakers—GM and Ford. We’ll also look at Fiat Chrysler’s October sales in Italy.
According to estimates by Adobe Analytics, online sales in the US during Thanksgiving increased 18.0% year-over-year to a record ~$2.9 billion.
Tennessee-based Dollar General (DG) is slated to release results for 3Q17 on Thursday, December 7, 2017.
On November 27, AutoZone stock was trading on a bearish note at $637.95.
On November 27, AutoZone’s forward EV-to-EBITDA multiple was 9.0x.
According to analysts’ latest consensus data by Reuters, 44% of analysts covering AutoZone (AZO) gave its stock “buy” recommendations.
At the end of fiscal 4Q17, AutoZone’s net-debt-to-EBITDA ratio stood at ~9.2x.
AutoZone’s EBIT (earnings before interest and tax) margin fell to 20.1% in fiscal 4Q17 compared to 20.7% in fiscal 4Q16.