Sonya Bells
Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
More From Sonya Bells
Skechers’ Ratings Slide after Recent Weak Results
Cowen & Company downgraded Skechers (SKX) from “outperform” to “market perform” in September.
A Look at Skechers’ Recent Growth Numbers
In the second quarter, Skechers recorded 25.0% YoY growth in its International Wholesale business and 13.0% YoY growth in its Global Retail business.
How Investors Reacted to Walgreens’s Fourth-Quarter Results
Walgreens stock has fallen 2.4% YTD (year-to-date). It fell ~10% after Amazon announced the acquisition of Pillpack in June.
Walgreens: Key Revenue Drivers in Fourth Quarter of Fiscal 2018
Walgreens’s Retail Pharmacy USA division accounted for 76% of fourth-quarter sales and increased 14.4% YoY to $25.5 billion.
CVS Gets Department of Justice Approval for Aetna Deal
On October 10, the US Department of Justice gave preliminary approval to the $69 billion deal between CVS Health (CVS) and Aetna (AET).
Why Did Apparel Stocks Fall on October 10?
Most of the apparel sector stocks were deep in the red on October 10. LVMH-Moet Hennessy Louis Vuitton has a cautious view on China.
Walgreens Stock Rises as RBC Increases Price Target 20%
RBC Capital Markets raised the price target for Walgreens Boots Alliance (WBA) from $68 to $82 (or ~20%) on Monday, October 8.
Michael Kors Stock Rises after Citigroup Upgrade
Michael Kors (KORS) stock has risen on October 3 after bullish input from Citigroup.
Skechers: Citigroup Downgraded the Stock to ‘Neutral’
On October 2, Skechers shares fell ~2% after Citigroup downgraded the stock to “neutral” from “buy” due to the limited near-term upside.
Rite Aid Reports in-Line EPS in the Second Quarter
Rite Aid (RAD) reported a second-quarter adjusted net loss from continuing operations of $7.9 million or $0.01 loss per share.
Rite Aid Finally Posts Top-Line Growth in the Second Quarter
Rite Aid (RAD) reported results for the second quarter—which ended on September 1—yesterday. The company’s top line from continuing operations improved 1.4 % YoY (year-over-year) to $5.42 billion.
The Grey Areas in Nike’s Fiscal Q1 2019 Results
Nike’s gross margins improved 50 basis points and were in line with the average analyst estimate, but investors were expecting more.
Sprouts Farmers Market Stock Has Risen 14% in 2018
Sprouts Farmers Market’s solid business model and impressive comps growth have enabled the company to deliver healthy returns in the stock market.
Why Sprouts Farmers Market’s Ratings Have Fallen
Sprouts Farmers Market is rated a 2.4 on a scale of one (strong buy) to five (strong sell). The company’s ratings have deteriorated in the past six months.
Wells Fargo Downgraded Sprouts Farmers Market
Wells Fargo downgraded Sprouts Farmers Market (SFM) to “market perform” on September 24 from “outperform.”
Michael Kors Ready to Put Versace in Its Bag
On September 25, American handbag maker Michael Kors (KORS) announced a deal to acquire European high-end luxury brand Versace.
After Two Failed Mergers, Where Does Rite Aid Stand Now?
Struggling with the company’s financial position, Rite Aid’s management has tried to sell the company’s assets since 2015.
Why Are Rite Aid’s Margins Deteriorating?
Rite Aid Corporation (RAD) is expected to post an adjusted loss of 1 cent per share when it reports its second-quarter 2019 results on September 27.
Under Armour Stock Rose Due to Restructuring Plan Update
Under Armour shares rose 6.6% on September 20, which made it the top gainer in the S&P 500 Index. The company updated its restructuring plan.
How Analyst Recommendations for Nike Have Changed Recently
At least three brokers have upgraded Nike (NKE) since its last quarterly results at the end of June.
Nike’s Gross Margin Could Improve More in Fiscal 2019
Wall Street expects an 8.8% growth in Nike’s first quarter of fiscal 2019 EPS to $0.62.
What Are Nike’s Key Growth Drivers in Fiscal 2019?
Nike’s total sales for fiscal 2018 increased 6% YoY to $34.5 billion. Its brand wholesale revenue increased 2%, and its DTC sales grew 12%.
Weak Q2 Results Erase Kroger’s Stock Gains
As discussed, Kroger (KR) reported its fiscal Q2 2018 results September 13, beating analysts’ bottom-line estimate but missing their sales expectation.
Kroger’s Comps Growth Lags behind Competitors’
Kroger’s (KR) sales comps continued to improve in the second quarter, and were positive for a fifth straight quarter.
A Look at Kroger’s Year-to-Date Stock Returns
After a disappointing performance in 2017, the Kroger Company (KR) stock has delivered solid returns so far this year.
What to Expect from Kroger’s Fiscal Q2 2019 Results
The Kroger Company (KR) is scheduled to report its results for the fiscal second quarter of 2019 on September 13.
Robust Sales and Cost Discipline Drove LULU’s Fiscal Q2 Margins
Lululemon Athletica (LULU), which posted its fiscal second-quarter results on August 30, recorded a stellar 82% YoY (year-over-year) rise in EPS.
Lululemon Athletica Does It Again!
Lululemon Athletica proved that it had delivered another solid performance when it reported its fiscal second-quarter results on August 30.
PVH’s Margins Continue to Improve in the Second Quarter
PVH (PVH), which reported second-quarter results on August 29, posted 29% YoY (year-over-year) growth in earnings to $2.18 per share.
What’s behind PVH’s Better-than-Expected Top Line?
PVH delivered its eighth straight top-line beat. Its total sales increased 12.7% YoY to $2.33 billion.
Lululemon Stock Is Up 75% This Year: What’s Next?
Lululemon Athletica (LULU) is currently sitting around its all-time high price. It has gained around 76% so far this year as of August 28.
Gap Shares Fall despite Second-Quarter Earnings Beat
Gap (GPS) shares have been falling on August 24 despite the company reporting better-than-expected sales and earnings for the second quarter.
Strength in the Beauty Business Drives L Brands’ 2Q Top Line
L Brands (LB) reported financial results for the second quarter of 2018 on August 22.
How L Brands Performed in the Second Quarter
L Brands (LB) reported financial results for the second quarter of 2018 after the market closed on August 22.
PVH Corp.’s Valuations and Stock Performance
PVH Corp.’s (PVH) improving margins and growing sales have been well accepted by investors.
PVH Corp. Ready for Another Quarter of Strong Growth
PVH management is looking for a 10% YoY (year-over-year) rise in the company’s second-quarter total sales.
Nike: Top Dow Stock in 2018
Currently, 37 analysts track Nike stock. Of these analysts, ~59% recommended a “buy,” 35% recommended a “hold,” and 5% recommended a “sell.”
Nike Shares Hit an All-Time High after Recent Upgrades
On August 20, Nike (NKE) shares touched to an all-time high price of $82.42 after analysts from Piper Jaffray and Susquehanna upgraded the company.
L Brands to Report Second-Quarter Results on August 22
L Brands is slated to report second-quarter 2018 results after the market closes on Wednesday, August 22.
Analysts Raise Tapestry’s Price Target after Q4 Results
Tapestry’s (TPR) strong fourth-quarter results, which the company released on August 14, were followed by several target price increases from Wall Street.
Strong Q4 Results and Optimistic Guidance Boost Tapestry Stock
Tapestry expects earnings per share to lie in the $2.70 to $2.80 range in fiscal 2019 versus analyst forecasts of $2.84 per share.
What Boosted Michael Kors’ Margins in Q1?
Michael Kors (KORS) reported a 46% YoY (year-over-year) increase in Q1 2019 earnings to $1.32.
Strength in Jimmy Choo Footwear Boosts Michael Kors’ Q1 Top Line
Michael Kors Holdings Limited (KORS) reported results for the first quarter of 2019 on Wednesday, August 8.
Michael Kors Stock Rose after Strong First-Quarter Results
Michael Kors (KORS) stock has been surging ever since the company announced its fiscal first-quarter 2019 results on August 8.
Strong Q2 2018 Results Cushion CVS Health’s Falling Share Price
CVS Health’s (CVS) better-than-expected second-quarter results managed to please investors.
Rite Aid Terminated Its Merger Agreement with Albertsons
On August 8, Albertsons and Rite Aid (RAD) announced that they mutually terminated their merger agreement, which was announced in February.
Rite Aid Stock Fell Due to Lower Fiscal 2019 Outlook
Rite Aid (RAD) stock took a hit on August 6 after management updated the fiscal 2019 profit outlook.
Sprouts Farmers Market Stock Rose after Its Q2 2018 Results
Despite delivering average results, Sprouts Farmers Market (SFM) stock traded higher after the second-quarter earnings on August 2.
Analysts Raise Columbia Sportswear’s Price Target
Columbia Sportswear’s (COLM) second-quarter results led some analysts to change their target prices on the stock.
Columbia Sportswear Stock Plunged despite Strong Results
Despite strong second-quarter results and a guidance update on July 26, Columbia Sportswear’s (COLM) stock plunged the next trading day.
Columbia Sportswear Raises Fiscal 2018 Guidance
Along with the second quarter results, Columbia Sportswear’s (COLM) management also raised its full-year 2018 guidance for both the top and bottom lines.
Under Armour’s Q2 Earnings Meet Expectations
Under Armour’s reported gross margin declined for the 13th straight quarter, which stood at 44.8% of sales—down 110 basis points.
Under Armour Beats on Sales, Reports In-Line EPS in Q2
Under Armour (UAA) reported its Q2 results on July 26. UAA reported an 8% YoY increase in revenues to $1.17 billion.
Supervalu Soared 63% Pre-Market on UNFI Acquisition Bid
United Natural Foods (UNFI), a leading distributor of natural and organic foods, announced its intention to acquire supermarket operator and wholesaler Supervalu (SVU) this morning.
VF Corporation’s First-Quarter Earnings Beat
VF Corporation (VFC) reported a 56% YoY (year-over-year) improvement in its first-quarter earnings. The quarter ended on June 30. It reported the results on July 20.
What Drove VF Corporation’s Q1 2018 Top Line?
VF Corporation (VFC) recorded total sales of $2.8 billion during the first quarter of 2019. Sales from continuing operations improved 23% YoY (year-over-year) on a reported basis and 21% YoY on currecy-neutral basis.
Skechers Stock Fell 21% on July 20
Skechers (SKX) missed the same-store sales and bottom-line expectations when it reported its second-quarter results on July 19.
What Drove Skechers’ Top Line in the Second Quarter?
Skechers’ (SKX) revenues increased 10.6% YoY (year-over-year) in the second quarter. The total revenues were $1.13 billion.
Skechers Is Penalized for Weak Second-Quarter Results
Skechers (SKX) saw a bloodbath in the stock market on July 20. The company disappointed investors with its second-quarter results.
Under Armour Ready to Report Second-Quarter Results on July 26
Under Armour (UAA) is slated to report results for the second quarter before the market opens on July 26.
Skechers Set to Report Q2 2018 Results This Week
Skechers (SKX) is slated to release its Q2 2018 results after the market closes on July 19.
Here’s Why Walgreens Stock Crashed despite Strong Q3 Results
After Walgreens announced its fiscal Q3 results, Amazon announced its plan to acquire PillPack, an online pharmacy company, and WBA stock crashed.
What Drove Walgreens’s Fiscal Third-Quarter Top Line?
Walgreens’s Retail Pharmacy USA division, which accounted for 75% of third-quarter sales, recorded a 15% YoY increase in revenue.
Walgreens Reports 14% Sales Growth in Fiscal Third Quarter
Walgreens’s fiscal third-quarter top line increased 14% YoY to $34.3 billion. On a constant currency basis, sales rose 11.8% YoY.
Why Walgreens Beat Expectations in Its Third Fiscal Quarter
Walgreens Boots Alliance (WBA) reported its results for its third fiscal quarter, which ended on May 31, before the bell this morning.
Rite Aid’s Fiscal Q1 2019 Beat Drives Its Stock After Hours
Rite Aid’s (RAD) better-than-expected results drove its stock by 1.5% in the post-trading session on June 27.
Discussing Rite Aid’s Fiscal Q1 2019 Margins
Rite Aid (RAD) reported adjusted net income from continuing operations of -$11.5 million, or -$0.01 per share, in the fiscal first quarter of 2019.
What Drove Rite Aid’s Fiscal Q1 2019 Sales Down?
Rite Aid’s Retail Pharmacy segment recorded a 1.9% YoY sales fall during the fiscal first quarter of 2019.
Here’s Why Rite Aid Fell 7% Yesterday
Rite Aid stock tumbled 7% yesterday after the company issued a letter that asked shareholders to vote in favor of the pending merger with Albertsons.
PVH Rose 2.7% Yesterday on Credit Suisse Price Target Revision
PVH rose 2.7% yesterday after Credit Suisse reaffirmed its “outperform” rating on the company and raised its price target to $185 from $178.
Analysts Aren’t So Sure about Rite Aid Stock
After a disastrous 2017, Rite Aid stock has managed to stay in the green so far this year.
What Are Rite Aid’s Key Revenue Drivers?
Rite Aid (RAD) is projected to report a 31.6% YoY (year-over-year) decline in total sales to $5.3 billion.
What to Expect from Rite Aid’s Q1 2019 Results
Rite Aid stock has risen a moderate 2.2% this year after falling 76% last year. Wall Street, however, expects some recovery in the stock price this year.
Walgreens Replaces General Electric in Dow Jones
On June 19, the S&P Dow Jones Indexes announced that Walgreens Boots Alliance would replace General Electric in the Dow Jones Industrial Average Index.
Under Armour: This Year’s Best-Performing S&P 500 Apparel Stock
Under Armour (UAA) is currently the top-performing apparel stock of the S&P 500 Index.
Under Amour Stock : From Worst-Performing to Best-Performing
So far in 2018, Under Armour (UAA) stock has already soared 61%, which is well ahead of the S&P 500 Index at 3.8%.
Is Under Armour on the Path to Improved Profitabilty?
Rising inventories and slowing sales have hit Under Armour’s (UAA) profitability hard in recent quarters.
Under Armour: Inventory Management in Focus
Inventory backlog has been a critical pressing issue for Under Armour (UAA) for some time.
Under Armour: How It’s Placed among the Competition
Not long ago, Under Armour (UAA) challenged Nike’s (NKE) dominance in the sneaker market with the success of its Curry series.
How Wall Street Views Kroger
Kroger is covered by 26 Wall Street analysts, who have jointly rated the stock a 2.2 on a scale of 1 (strong buy) to 5 (sell).
Kroger’s Key Revenue Drivers ahead of Its Fiscal Q1 Results
Kroger’s management expects its same-store sales to reach 1.5%–2.0% during fiscal 2018.
Dollar Tree versus Dollar General: Stock Upside
Dollar Tree (DLTR) and Dollar General (DG) have seen high volatility over the past year. Dollar General, which was currently trading at $94.90 as of June 8, has traded between the $65.97 and $105.82 over the last 12 months.
Dollar Tree versus Dollar General: Stock Price Movement
Impressive top-line growth and improving profitability drove the stock prices of Dollar General (DG) and Dollar Tree (DLTR) in 2017.
DLTR versus DG: Comparing Margins
As we outlined in the previous part of this series, Dollar Tree (DLTR) and Dollar General (DG) missed same-store sales expectations during the first quarter of 2018 due to cold weather.
Dollar General versus Dollar Tree: A Quick Look
The US dollar industry is highly concentrated and dominated by two major players, Dollar General (DG) and Dollar Tree (DLTR).
Positive Sentiment Drove Retail Stocks Higher on June 5
On June 5, Macy’s (M), Gap (GPS), and Michael Kors (KORS) were the S&P 500 Index’s top performers. They rose 7.9%, 6.8%, and 4.9%, respectively.
Strong Results, Optimistic Guidance Drove Lululemon Stock Higher
Buoyed by its first-quarter performance, Lululemon Athletica’s (LULU) management raised the company’s 2018 guidance.
Lululemon Athletica Had 25% Increase in Q1 2018 Sales
In its first-quarter results on May 31, Lululemon Athletica’s (LULU) top line increased 25% year-over-year to $650 million.
How Investors Reacted to PVH’s Q1 Results
Investors were pleased with PVH’s (PVH) first-quarter results, reported after the market closed on May 30.
Tommy Hilfiger and Calvin Klein Boost PVH Again in Q1
PVH (PVH), which reported its first-quarter results on May 30, delivered its seventh consecutive top-line beat.
Michael Kors’s Guidance and the Resulting Stock Plunge
As we’ve discussed in this series, Michael Kors (KORS) beat market expectations for both its top and bottom lines during the fourth quarter.
Dollar General Stock Tumbles after Earnings Miss
The Tennessee-based Dollar General (DG) reported its results for the first quarter, which ended on May 4, before the opening bell today.
CVS Health and Walgreens: Financial Health
CVS recorded total sales of $186 billion (+4% YoY) in the last 12 months. The Pharmacy Services segment was the company’s biggest moneymaker.
CVS Health versus Walgreens: Comparing Pharmacy Giants
Around 70% of the US population lives within three miles of a CVS store, while more than 75% of the population lives within five miles of a Walgreens store.
Lululemon Stock Delivers Impressive Returns
Lululemon Athletica’s (LULU) better-than-expected results and the overall positive sentiment toward the athleisure market has driven the company’s stock price to new highs this year.
How Digital Transformation Is Driving Lululemon’s Top Line
Lululemon Athletica (LULU), which is slated to post its first-quarter results on May 31, is projected to post an 18.5% YoY (year-over-year) increase in sales.
Is Another Stellar Quarter Awaiting Lululemon Athletica?
Lululemon Athletica (LULU) is slated to release its financial results for the first quarter on May 31.
Why Gap’s Namesake Brand Hurt the Company’s Margins
As we discussed in the previous part of this series, Gap (GPS) failed to meet same-store sales expectations in the first quarter, largely due to a slump in demand for its namesake brand.
Gap Missed Estimates by $0.04, Stock Fell after Hours
The San Francisco–based Gap (GPS) reported its first-quarter results after the market closed yesterday. The quarter ended on May 5.
Digging Deeper into L Brands’ First-Quarter Performance
L Brands stock had already fallen ~44% YTD before the earnings release. The fashion retailer is among the biggest apparel losses this year.