RECENT Consumer Discretionary RESEARCH
On November 28, 2017, Longbow Research lowered its 12-month target price for Domino’s Pizza (DPZ) from $246 to $215.
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.
Tennessee-based Dollar General (DG) is slated to release results for 3Q17 on Thursday, December 7, 2017.
Auto parts retailer AutoZone (AZO) is set to release its fiscal 1Q18 earnings on December 5, 2017. On November 27, AZO stock was trading on a bullish note at $637.95.
By the end of November 27, Chipotle Mexican Grill (CMG) was trading at $274.52, which represents a fall of 18.1% since the announcement of its 3Q17 earnings on October 24.
Most of the key consumer product companies, with the exception of Clorox (CLX), didn’t impress investors much with their recently reported quarterly results.
With both Home Depot (HD) and Lowe’s Companies (LOW) having posted their 3Q17 earnings, it’s time to compare their results!
Last week (ended November 24), the S&P 500 Index posted a minor rise of 0.9%, while General Motors, Ferrari, and Fiat Chrysler largely outperformed SPY.
PVH Corp. (PVH) is slated to release its 3Q17 results on Wednesday, November 29, 2017, and hold its conference call on November 30. Wall Street is expecting a 12% YoY rise in its third-quarter earnings.
Ulta Beauty (ULTA) is scheduled to announce its fiscal 3Q17 results after the close of financial markets on November 30.
As of November 22, 2017, Papa John’s (PZZA) was trading at $57.0—near its 52-week low of $56.71, which the company hit on November 20, 2017.
In nine of the first ten months of 2017, US auto sales have fallen YoY. However, a rising YoY demand for pickup trucks and SUVs (sports utility vehicles) seems to be keeping optimism alive.
Signet Jewelers (SIG) stock fell 30.4% on November 21, reporting a loss of $0.10 per share in fiscal 3Q18. Analysts expected SIG to post a profit of $0.10 per share.
Ross Stores (ROST) stock is up 10.9% on a YTD (year-to-date) basis as of November 20.
Since the start of calendar 2017, Activision Blizzard’s (ATVI) stock price has risen over 75% to close at $63.93 on November 20.
Jack in the Box (JACK), the owner of the Jack in the Box brand and Qdoba Mexican Eats, is scheduled to announce its fiscal 4Q17 earnings after the market closes on November 29, 2017.
The S&P 500 Index (SPY) (SPX-Index) finished the week ending November 17 with a slight fall of 0.10%. The consumer staples sector rose 0.97%.
Advance Auto Parts (AAP) stock rose 9.9% last week. General Motors (GM) rose 2.9%, and Tesla (TSLA) rose 4%. That made them last week’s top three gainers for the auto industry.
Tesla Motors (TSLA) unveiled its much-awaited electric semi truck in a high voltage late evening event in Hawthorne, California, on November 16, 2017.
San Francisco–based Gap (GPS) reported its results for 3Q17 on November 16, 2017.