CVS Health (CVS) expects 2Q15 same-store sales to come in between -1.25% and 0.25%. Comps were affected by the discontinuation of tobacco sales, which reduced front store sales comps 8%.
CVS Health (CVS) expects Retail Pharmacy sales growth between 0.5% and 2% year-over-year in 2Q15. Total same-store sales are expected to be in the range of -1.25% to 0.25%.
CVS Health (CVS) is projecting 2Q15 revenue growth between 11.25% and 12.5% for its Pharmacy Services, which provides pharmacy benefit management (or PBM) services.
CVS Health posted a strong financial performance in 1Q15. Adjusted EPS in 1Q15 grew 12.2% year-over-year to $1.14. CVS came in ahead of its own guidance by a long margin.
CVS Health (CVS) will declare its 2Q15 earnings on August 4. Markets are expecting a solid quarter with consensus Wall Street analyst estimates projecting EPS of $1.196.
At a broader level, ~71.43% of analysts surveyed rate ETP a “buy” and the remaining ~28.57% rate it a “hold.” The MLP has no “sell” recommendations.
According to Wall Street estimates, Energy Transfer Partners’ distributions may continue to grow for the rest of 2015.
Energy Transfer Partners’ Midstream segment became its largest business segment after the completion of its merger with Regency Energy Partners merger in April 2015.
ETP’s 1Q15 EBITDA estimate was $1,208.4 million and its EBITDA was $905 million, a ~25.1 % miss.
ETP has missed revenue estimates in seven out of the last 12 quarters. After a ~19.6% miss in 4Q14, it again missed its 1Q15 revenue estimate by a huge margin—a ~29.1% miss.
So far, ETP has generated total returns of -17.61% in 2015. ETP’s subdued YTD performance can be attributed to weak energy prices affecting some of its business operations.
Coach (COH) clocked ~$0.5 billion in e-commerce sales in fiscal 2014 with ~76 million unique visitors to its sites.
Coach’s (COH) sales in the department store channel declined 30% year-over-year in the last quarter, partly due to the discontinuation of Coach Days at department stores.
Coach (COH) will declare its 4Q15 and fiscal 2015 results on August 4. Consensus Wall Street analyst estimates project sales at $974 million in the quarter.
Coach stock is down -16.9% year-to-date to $31.20 on July 31, 2015. Coach’s total returns have come in at -15.5%.
Coach (COH) will declare earnings for 4Q15 and full-year fiscal 2015 on August 4. The company was ahead of consensus estimates in its last five quarters.
The rise in JCPenney stock is influenced by its improved financials and renewed expectations about growth prospects. In fiscal 2014, JCPenney reported same-store sales growth of 4.4%.
In 1Q15, JCPenney’s online sales saw strong sequential growth, driven by enhanced online product offerings and improved search and navigation.
Based on estimates released in May 2015, JCPenney expects its same-store sales in fiscal 2015 to grow by 4%–5% compared to the previous guidance of 3%–5%.
JCPenney’s margins, specifically gross margin, improved in 1Q15 due to the company’s focus on the penetration of its high-margin private brands.