SuperValu Cruises past Analyst Expectations, Still Sinks

SuperValu (SVU) reported adjusted EPS of $0.46, beating the consensus by $0.10. Total sales from continuing operations stood at $3.8 billion—35% higher YoY.

Kinder Morgan’s 3Q17 Results Met Analysts' Expectations

Kinder Morgan reported its 3Q17 results on October 18, 2017. It reported an adjusted EPS of $0.15, which was in-line with analysts’ consensus estimates.

Pre-Market Report: Global Markets Are Stable on October 20

On October 20, the Shanghai Composite Index closed at 3,378.65 after rising 0.25%. The SPDR S&P China ETF (GXC) fell 1.7% on October 19, 2017.

Highs and Lows: Wall Street's Performance on October 19

After rising for five consecutive trading weeks, the S&P 500 started this week on a stronger note. It rose in the first three trading days of the week.

RECENT Consumer Discretionary RESEARCH

Stifel Initiates Coverage of Papa John’s with ‘Hold’ Ratings

On October 3, 2017, Stifel initiated its coverage of Papa John’s (PZZA) with a “hold” rating and expects the stock price to reach $65 in the next 12 months.

What Boosted US Auto Sales in September 2017?

September 2017 US auto sales (XLY) stood at 1.52 million vehicle units, about 6.1% higher than the 1.43 million vehicle units in September 2016.

Why Analysts Have Raised Their Target Price for McDonald's

On September 29, 2017, Telsey Advisory Group raised its 12-month target price for McDonald’s (MCD) from $150 to $165, while maintaining its “outperform” rating.

Consumer Sector Overview for the Week of September 25–29

The consumer staples sector fell 0.06% last week due to a fall in consumer stocks—Walmart, Kellogg, Archer Daniels Midland, and Walgreens Boots Alliance.

What Drove Optimism for Mainstream Automakers in September 2017?

Last week, the stocks of US automakers General Motors (GM) and Ford Motor (F) outperformed the broader market, rising 2.4% and 1.1%, respectively.

How Fast Food Restaurants Performed in 2Q17

Restaurant Brands International has outperformed other fast food companies with returns of 7.8% since the announcement of its 2Q17 earnings on August 2, 2017.

Nike Reports Mixed 1Q18 Results

The Oregon-based Nike (NKE) reported results for 1Q18 after the market closed on Thursday, September 26. The results relate to the three months ended August 31.

What September Economic Indicators Could Mean for Auto Industry

In September 2017, stocks of all mainstream US auto companies (IYK) are trading on a positive note.

Hurricane Harvey Cast a Shadow on Darden Restaurants’ Fiscal 1Q18

Darden Restaurants (DRI) announced its fiscal 1Q18 earnings on September 26, 2017. It posted adjusted EPS (earnings per share) of $0.99 on revenues of $1.9 billion.

Why Did BMO Capital Lower Chipotle's Target Price?

On September 27, 2017, BMO Capital lowered its target price for Chipotle Mexican Grill from $350 to $330 and maintained its “market perform” rating.

Apparel Stocks Get another Look from Wall Street

September has been full of analyst action on apparel stocks. Barclays and Bernstein initiated coverage on the industry while other brokers changed their outlooks on the stocks in this space.

Top 5 Auto Stocks by Wall Street Ratings in September 2017

As of September 25, 2017, mainstream automakers General Motors (GM), Ford Motor (F), and Toyota Motor (TM) have risen 15.4%, 6.7%, and 15.2%, respectively, QTD (quarter-to-date).

Home Depot and Lowe's: Will There Be Momentum in 3Q17?

In 2Q17, Home Depot posted an adjusted EPS of $2.25 on revenues of $28.1 billion. Analysts expected it to post EPS of $2.22 on revenues of $27.8 billion.

Week 3 of September: Auto Stocks Outperformed S&P 500 Index

In the week ended September 22, the stocks of General Motors (GM), Ford Motor (F), and Fiat Chrysler (FCAU) outperformed the broader market. Last week, GM, Ford, and FCAU rose 1.4%, 1.9%, and 7.7%, respectively.

Why Papa John’s Stock Has Downward Momentum

On August 1, Papa John’s (PZZA) announced its 2Q17 earnings. Since then, the company’s stock price has seen downward momentum.

What’s Driving Shake Shack Stock?

Despite the recent rise in its stock price, Shake Shack stock is down 7.1% since the beginning of 2017.

Consumer Sector Overview: What Went Down Last Week

The S&P 500 Index (SPY)(SPX-Index) finished last week, which ended on September 22, with a mere gain of 0.08%. The consumer staples sector had a disastrous week, losing 2.3%.

How Switching Costs Help Create Moats

“How Moats Translate into Sustainable Competitive Advantages” is a five-part moat investing education series that explores the primary sources of economic moats. she

Why Bed Bath & Beyond Missed Analysts’ Estimates in 2Q17

Bed Bath & Beyond (BBBY) announced its 2Q17 earnings on September 19. BBBY posted adjusted earnings per share (or EPS) of $0.77 on revenues of ~$2.9 billion. Compared to 2Q16, its EPS fell 30.6%, while its revenues fell 1.7%.

What's in Store for Nike This Quarter? A 1Q18 Earnings Preview

Oregon-based Nike (NKE) is expected to release its results for 1Q18 after the market closes on September 26, 2017. Its EPS (earnings per share) is expected to fall 34.0% YoY.


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