RECENT Consumer Discretionary RESEARCH
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.
The Bank of Japan left its policy unchanged at its September meeting. By an 8–1 majority vote, the policy board decided to leave its policy and its QQE with a yield curve control unchanged.
Activision Blizzard (ATVI) is the largest gaming company in the world, with a market cap of approximately $48.4 billion and an enterprise value of $49.5 billion.
In this series, we’ll take a look at recent developments in the field of autonomous vehicles.
In fiscal 4Q17, AutoZone’s adjusted EPS (earnings per share) stood at $15.27, which is ~6.8% higher than its EPS of $14.30 in fiscal 4Q16.
Darden Restaurants (DRI) will announce its fiscal 1Q18 earnings before the market opens on September 26, 2017.
Burlington Stores (BURL) stock has risen 6.3% to $90.13 on a YTD basis as of September 15, 2017. The stock has risen 4.7% since the company announced its fiscal 2Q17 results.
In this series, we’ll look at possible reasons for mainstream automakers’ solid Wall Street performance in the week ended September 15.
The S&P 500 Index (SPY) (SPX-INDEX) finished the week ending September 15 with a gain of 1.5% as the expectation of damage from Hurricane Irma subsided.
As of September 15, Nordstrom stock has fallen 2.5% on a YTD (year-to-date) basis.
US auto sales’ SAAR was at 16.14 million vehicle units in August 2017—a decrease from a SAAR at 17.22 million vehicle units in August 2016.
Activision Blizzard (ATVI) stock has risen ~7.6% since the gaming company announced its 2Q17 results on August 3. ATVI has beaten its earnings estimates in the last five consecutive quarters.
Auto sales in China in August 2017 reached ~2.19 million vehicle units, which is ~5.3% higher than the 2.07 million vehicle units sold in China in August 2016.
As of September 12, AutoZone stock was trading at $551.55 with about a 4.4% rise in September so far. However, AutoZone has seen a massive fall of about 30.2% in 2017 so far.
American home furnishing and domestics merchandising company Bed Bath & Beyond (BBBY) is scheduled to announce its 2Q17 earnings after the market closes on September 19, 2017.
After Home Depot (HD) posted its 2Q17 earnings on August 16, 2017, the stock fell to $147.49 by August 18, 2017, most likely due to the fear of Amazon’s (AMZN) entry into the appliance sector.
In this series, we’ll see what may have contributed to mainstream automakers’ mixed performance in the week ended September 8.
In this series, we’ll discuss RH’s 2Q17 earnings call and compare its 2Q17 performance with analysts’ estimates.
The S&P 500 Index (SPY) (SPX-Index) finished the week ending September 8 with a slight fall of 0.61%. The consumer discretionary sector fell last week.
In 1H17, only Nordstrom’s top-line growth was in the positive zone. Including credit card revenue, its revenue grew 3.6% on a YoY basis to $7.1 billion.