Walmart (WMT) impressed investors with its sales performance in the first nine months of the current fiscal year. It beat analysts’ sales estimates.
Walmart is changing fast. It isn’t just a store operator anymore. It’s a key e-commerce player in the US and the world’s largest retailer (XRT).
JPMorgan Chase increased the target price on Costco stock to $200 per share from $190. Meanwhile, Stifel raised its target price to $185 from $179.
Costco stock was trading at a forward PE multiple of 29.2x as of December 5, 2017, which is significantly higher than the peer group average of 16.2x.
Costco’s operating margin is expected to remain soft or improve slightly due to higher sales and lower SG&A expenses.
Costco continues to stun investors with its industry-leading sales growth. Analysts expect its fiscal 1Q18 total sales to rise 11.7% YoY to $31.4 billion.
Wall Street expects Costco’s fiscal 1Q18 earnings to be $1.33 per share—up 13.7% on a YoY (year-over-year) basis.
Costco (COST) will announce its fiscal 1Q18 results on December 14 after the market closes. Analysts expect it to report strong top and bottom-line growth.
Kroger stock gained ~13.6% on November 30, before finally settling at a 6% gain at the day’s close.
Kroger recently announced its Restock Kroger initiative, which focuses on planned capital investments, cost savings, and free cash flow.
Kroger’s (KR) fiscal 3Q18 EPS (earnings per share) improved 7.3% YoY (year-over-year), compared with the analyst expectation of a 2.4% YoY decline.
Kroger (KR) posted a 4.5% YoY (year-over-year) improvement in its fiscal 3Q18 top line when it reported results on November 30, 2017.
Kroger’s EPS (earnings per share) improved 7.3% YoY (year-over-year) to $0.44, beating the consensus expectation by $0.04.
Dollar General (DG) is currently trading at a one-year forward price-to-earnings ratio of 18.1x, operating close to the upper end of its 52-week PE (price-to-earnings) range of 14.5x to 18.3x.
Dollar General (DG) is projected to increase total sales by 9% YoY to $5.8 billion during the third quarter of 2017.
Dollar General (DG), North America’s leading discount variety store operator, is expected to report third quarter results on December 7.
Dollar General’s (DG) consistent financial performance and its ability to survive competition is evident in its stock market performance this year.
Kroger (KR) is currently trading at a one-year forward PE (price-to-earnings) ratio of 11.7x, at the lower end of its 52-week PE range of 10x–16.8x. It is also trading below…
Kroger (KR), which is expected to report its 3Q18 results on November 30, is likely to post a 3.4% rise in total sales. Its top line has grown consistently over the last…
As mentioned previously, Kroger’s (KR) top line has grown over the last 15 quarters, despite rising competition and other headwinds. However, its profitability has taken a hit in the last…