More From Sonya Bells
Walgreens’s EPS to Rise 11% in Q4 2018
Wall Street expects a 10.7% year-over-year jump in Walgreens Boots Alliance’s (WBA) EPS to $1.45 during the fourth quarter of fiscal 2018.
Analysts Remain Positive on Sprouts ahead of 3Q17 Results
Sprouts Farmers’ better ratings reflect its steady performance in terms of healthy margins, consistent same-store sales, and strong earnings.
Canaccord Genuity Upgrades Nike to ‘Buy’ after Kaepernick Ad
Canaccord Genuity analyst Camilo Lyon upgraded Nike (NKE) from “neutral” to “buy” on September 11.
Walgreens’ Fiscal 2Q17 Earnings Overview: Revenue Miss, In-Line EPS
WBA’s fiscal 2Q17 EPS stood at $1.36, in line with estimates. Its top line, however, missed the consensus estimate, falling 2.4% YoY to ~$29.5 billion.
Discussing Walgreens’s Recent Alliances with Birchbox and Kroger
To survive in the highly competitive pharmacy and retail space, Walgreens Boots Alliance (WBA) is entering into new innovative partnerships.
How Nike’s 3Q18 Margins and Profitability Trended
Nike (NKE) reported its first quarterly loss in over 20 years in fiscal 3Q18.
The Year-to-Date Performance of Casey’s Key Segments
Fuel continues to be Casey’s General Stores’ (CASY) largest segment, accounting for around 60.0% of its total sales.
PVH Corp Has Performed Well in 2017
While PVH Corp has done better than most peers in the stock market, the dividend yield offered by its stock is among the lowest in the industry.
Coach Is Set to Buy Kate Spade for $2.4 Billion
Coach (COH), America’s leading luxury handbag and accessories maker, is buying Kate Spade (KATE) for a total transaction value of $2.4 billion.
Coach: Management’s and Wall Street’s Outlook
Confident about achieving fiscal 2017 guidance After a healthy first quarter, Coach’s (COH) management is expecting strong results for fiscal 2017. The company reiterated its fiscal 2017 guidance of a low-to-mid-single digit top-line increase and an 18.5% to 19% expansion of its operating margin. “We achieved growth across key financials, including sales, gross profit and […]
Kroger’s Margins Expected to Deteriorate Further in 3Q18
Kroger’s margins have deteriorated continuously over the last year As mentioned previously, Kroger’s (KR) top line has grown over the last 15 quarters, despite rising competition and other headwinds. However, its profitability has taken a hit in the last year. Kroger’s EPS (earnings per share) have fallen for the last four quarters. The company has sacrificed […]
Assessing the Valuations of Sportswear Stocks
Nike’s balance sheet size is larger than the combined balance sheets of Lululemon Athletica (LULU), Under Armour (UAA), Columbia Sportswear (COLM), and Skechers (SKX).
Goldman Sachs Reinstates a ‘Buy’ on Michael Kors
Goldman Sachs took a positive stance on handbag makers Tapestry (TPR) and Michael Kors (KORS) on December 5, 2017.
Sprouts’ 3Q17 Margins Improve, Earnings Beat Expectations
The company’s quarterly earnings per share rose 44% YoY (year-over-year) to 23 cents, beating the Wall Street expectations by five cents.
What Boosted Casey’s Shareholder Returns in Fiscal 3Q16?
Casey’s General Stores (CASY) stock has yielded strong returns for its shareholders. The stock price rose by around 35% in 2015 after rising 30% in 2014.
What Helped Whole Foods’ Top Line in 3Q16?
Whole Foods Market reported a 1.9% year-over-year (or YoY) increase in its top line, primarily driven by new store openings.
HanesBrands’ Top Line to Grow 4% in the Second Quarter
Wall Street analysts expect a YoY (year-over-year) rise of 3.9% in HanesBrands’ (HBI) total sales to $1.71 billion in the second quarter.
Why Casey’s Prepared Food Business Disappointed in Fiscal 2016
Casey’s General Stores’ (CASY) prepared food and fountain segment is its most important segment in terms of profitability.
Another Management Shake-Up at Nike
The current string of departures appears to be linked to Nike’s ongoing efforts to overhaul workplace culture.
3Q17 Earnings Preview: What’s in Store for Skechers?
The California-based Skechers (SKX) is slated to release its third-quarter 2017 results on Thursday, October 19.
LULU Faces Wall Street Pessimism after Issuing Weak Guidance
Lululemon Athletica warned of a slowdown for the next quarter and the coming year. As a result, a host of brokerage companies reacted with outlook revisions and rating downgrades.
Nike’s Top-Line Growth Likely to Remain Sluggish in 2Q17
Nike continued to deliver a solid performance with a 10% YoY increase in 1Q17, primarily driven by a double-digit growth in the company’s overseas markets.
Will the WBA-RAD Deal Clear FTC Hurdles?
Walgreens Boots Alliance (WBA) is looking to divest 650 stores in order to win the Federal Trade Commission’s (FTC) approval for its pending Rite Aid (RAD) acquisition.
After Walgreens’s 1Q17 Results, Wall Street Remains Positive
Analysts have a positive to neutral view on Walgreens and has rated its stock a “2” on a scale of “1-strong buy” to “5-sell.”
How Might Kroger’s Performance Shape up in Fiscal 2017?
Kroger (KR) recorded a 9.6% YoY increase in EPS in fiscal 4Q16, reaching 57 cents, as compared to the consensus estimate of 54 cents per share.
Are Kroger’s Sales Slowing in Fiscal 2016?
For fiscal 2016, Kroger reported total sales of $109.8 billion. It rose 1.3% from the previous year—the slowest sales growth since fiscal 2010.
Wedbush Upgrades Skechers after 3Q Results
Skechers’ (SKX) solid 3Q17 results were followed by a host of analyst actions.
Wall Street’s Take on Walgreens as It Enters 2018
As we discussed in the previous part of this series, Walgreens Boots Alliance (WBA) has failed to please investors in 2017. The stock is down 12% YTD (year-to-date) and is trading at $72.86.
One-Time Termination Fees Boost Rite Aid’s Reported Earnings
Rite Aid (RAD) reported 2Q net earnings of $170.7 million, or 16 cents per share.
Why Casey’s Earnings Rose despite Lower Sales in Fiscal 2015
Casey’s General Stores’ fiscal 2015 total revenue stood at $7.7 billion, registering a 0.9% year-over-year fall, primarily on account of lower fuel prices.
Can First-Quarter Results Help Dollar Tree Recover Losses?
Dollar Tree (DLTR) delivered a stellar performance in the stock market in 2017.
Acquisitions Could Help Supervalu’s 3Q18 Top Line
Wall Street expects Supervalu’s (SVU) 3Q18 total sales to increase 34% YoY to $4 billion. The sales growth will likely be driven by its wholesale business.
What’s behind Rite Aid’s Deteriorating Margins?
Rite Aid has witnessed a continuous deterioration in its profitability over the years.
Amid Competition, Whole Foods’ Same-Store Sales Have Plunged
Whole Foods, for the first time in five years, registered negative same-store sales in its 4Q15. Its comps stood at -0.2% in 4Q15 compared to 3.1% in 4Q14.
Analysts’ Take on CVS Health and Walgreens
Walgreens Boots Alliance and CVS Health are both well-covered stocks. While Walgreens is tracked by 27 analysts, 25 analysts cover CVS.
Discussing HanesBrands’ Valuations and Earnings Potential
HanesBrands (HBI) is currently trading at a one-year forward PE multiple of 12.2x.
Why Lululemon Athletica Saw Such Stellar First-Quarter Results
The yoga-inspired athletic apparel retailer Lululemon Athletica’s (LULU) stock is soaring today after the company reported robust first-quarter results and issued upbeat guidance yesterday.
A Look at SuperValu’s Margins in 4Q16 Ahead of 1Q17 Results
SuperValu (SVU) reported a 10.7% YoY (year-over-year) decline in its gross profit on account of higher inventory shrinkage and employee costs in 4Q16.
What’s the Current State of Kroger’s Valuation?
Kroger (KR) predicted that its fiscal 2017 earnings will be $2.19–$2.28 per share—compared to consensus estimates of $2.23.
How Have Walgreens’s Analyst Ratings Changed Recently?
Walgreens Boots Alliance (WBA) is a well-covered stock. The company is tracked by 27 analysts and has a rating of 2.7 on a scale of 1 (strong buy) to 5 (sell).
Kroger to Report First-Quarter Results Next Week
Kroger (KR) plans to release its fiscal Q1 results on June 21. Wall Street is looking for a 2.9% YoY increase in its sales to $37.3 billion.
Recent Analyst Actions: Under Armour and Gap
One day after Kate Spade’s upgrade, Under Armour and Gap also came under scrutiny. On September 13, Nomura initiated coverage of UA with a “neutral” rating.
Discussing Walgreens’s Top Line, Pre-2Q18 Results
The second quarter of 2018 is expected to be one of Walgreens Boots Alliance’s (WBA) strongest quarters in two years.
Kroger’s Fiscal 4Q17 EPS Falls 7% as Deflation Hits Margins and Comps
For fiscal 2018, Kroger (KR) guided an EPS range of $2.21–$2.25. At the midpoint, this implies an increment of ~5.2% over the previous year’s earnings.
Innerwear and Activewear Drive Hanesbrands in Fiscal 1Q16
Hanesbrands (HBI) reported a 1% increase in net sales to $1.2 billion for fiscal 1Q16, which ended on April 2, 2016.
How Under Armour Stock Reacted to a Poor 4Q16
Under Armour’s (UAA) stock plunged 25% after the company reported lower-than-expected top and bottom lines and a glum guidance.
Dollar General or Dollar Tree: Which Is More Attractive?
Dollar General (DG) is currently trading at a one-year forward price-to-earnings ratio of 16x, operating close to the lower end of its 52-week PE range of 14.3x to 20.3x.
Are Hanesbrands’ Current Valuations Justified?
At its current one-year forward earnings valuations multiple, HBI is operating closer to the lower end of its price-to-earnings range.
Why Skechers Stock Shed 30% in 2 Days
Though Skechers (SKX) fared better than expectations in profitability and on sales in 1Q18, the management’s guidance for 2Q18 came as a big disappointment for investors.
A Look at Whole Foods’ Margins ahead of Its Fiscal 2Q16 Results
Despite fading financial performance, Whole Foods Market (WFM) continues to display higher margins than its supermarket and mass-merchandising competitors.
Inside Columbia Sportswear’s Stock Market Performance
Columbia Sportswear’s (COLM) stock had a good run in 2017, with the stock surging 23% during the year.
A Look at Trump’s Proposed Tax Reforms
President Trump unveiled an ambitious tax-reform plan that offers sweeping cuts in individual and corporate tax rates. The proposal features the reduction in the corporate tax rate from 35% to ~20%.
Analyzing Casey’s Fiscal 3Q16 ahead of Its Fiscal 4Q16 Results
Casey’s General Stores reported a 6.3% YoY (year-over-year) fall in total sales to $1.6 billion in fiscal 3Q16, missing consensus estimates by $29 million.
Inside Foot Locker’s Fiscal 2Q17 Earnings
In fiscal 2Q17, Foot Locker’s (FL) gross margin fell 340 basis points to 29.6% of sales.
Where Will Walgreens’ Earnings Head in Fiscal 3Q17?
Walgreens Boots Alliance’s (WBA) fiscal 3Q17 earnings per share (or EPS) are expected to rise 10.2% YoY (year-over-year) to $1.30.
Nike: More Than 60% of Analysts Suggest a ‘Buy’
Around 62% of analysts covering Nike recommend a “buy” for the stock, 32% recommend a “hold,” and 5% recommend a “sell.”
Rite Aid Loses 12% after the FTC Nod for Walgreens Deal
The stock price for Rite Aid (RAD) plunged more than 12% after the announcement of the deal closure with Walgreens on September 19.
Sprouts’ 3Q17 Earnings to Improve While Gross Margin Remains Flat
During the first six months of 2017, SFM’s EPS rose 12.7% YoY.
Dollar General’s Fiscal 2Q17 Earnings Overview
Dollar General (DG) released its fiscal 2Q17 results on Thursday, August 31, 2017. The results relate to the three-month period ending August 4, 2017.
Rising Competition Tapers Kroger’s Fiscal 1Q18 Margins
Kroger’s margins have been under pressure from rising competition and deflation over the past couple of quarters.
Can Skechers’ Q3 2018 Results Stop the Slide in Its Stock?
In the last few quarters, Skechers (SKX) stock has shown high volatility after its quarterly results.
Here’s Why L Brands’ Margins Fell in 2Q 2018
L Brands (LB) reported a 25% YoY (year-over-year) decline in second-quarter earnings per share to $0.36.
Are Ralph Lauren’s High Valuations Justified?
On August 12, 2016, Ralph Lauren was trading at a one-year forward earnings multiple of 20x. This is the highest PE ratio for RL in the last year.
Wall Street Is Optimistic about Nike’s Revival in North America
As discussed previously, Nike (NKE) may be escaping two major headwinds it faced during fiscal 2018, namely North American market weakness and currency headwinds.
Looking Ahead: What to Expect from Target in 3Q16
Target (TGT) is currently trading at a one-year forward PE (price-to-earnings) multiple of 13x. The company is cheaper to Walmart and Costco, which are trading at 16x and 24x next 12-month earnings.
Will Kroger’s Strong Performance Continue in 3Q16?
Wall Street analysts predicted a 13.3% YoY rise in Kroger’s earnings in 3Q16, going to $0.39 from $0.35 in 3Q15. Sales for fiscal 1H16 stood at $58.5 billion.
Analyzing Ralph Lauren’s Stock Performance and Dividend Payout
Ralph Lauren’s stock price hasn’t shown any signs of improvement this year. Its stock price has fallen more than 23% YTD (year-to-date) as of May 13, 2016.
Under Armour: Slowing North American Sales Weigh on Q1 Top Line
Under Armour’s (UAA) top line slowed to 6.6% YoY (year-over-year) growth in 1Q17, compared to 20%+ average growth over the last eight quarters.
Dollar General’s 4Q17 Top-Line Expectations
Dollar General’s (DG) top line improved 8.5% to $17.3 billion during the first nine months of 2017 compared to the same period the previous year.
Kroger Getting Ready to Report 2Q18 Results: What to Expect
The Cincinnati-based Kroger (KR) is slated to report its second-quarter 2018 results at 10:00 AM EDT on September 8, 2017.
How Ralph Lauren Could Benefit from Trump’s Tax Reforms
According to a recent study by Goldman Sachs, S&P 500 companies have parked $920 billion of untaxed cash overseas
Nike Has One of the Best Upsides among Sportswear Stocks
2017 hasn’t been a great year for sportswear stocks so far. Lululemon Athletica, Under Armour, and Columbia Sportswear have fallen 29%, 16.5%, and 4.7% year-to-date.
Skechers Falls after Susquehanna Warns of Margin Pressure
Skechers stock fell 7.9% to $26.42 on September 12 after Susquehanna analyst Sam Poser lowered his fiscal 2018 and 2019 EPS estimates for the company.
Casey’s Stock Surges after Strong Fiscal Q1 Results
Casey’s General Stores (CASY) stock soared yesterday after the company reported better-than-expected fiscal Q1 2019 results.
Organic Sales Slide, Acquisitions Drive HanesBrands’ 2Q17 Top Line
HanesBrands (HBI) reported a 12% year-over-year increase in its 2Q17 sales to ~$1.6 billion, which is in line with Wall Street expectations and company guidance.
How Are PVH’s Valuations Compared to Those of Its Peers?
The analyst community seems to be positive about PVH and sees the potential for further price rises from its level of $94.3 as of March 24, 2016.
Here’s Why Skechers Stock Is Trending Downward Today
At 12:20 PM ET, Skechers (SKX) stock fell 3.84% from yesterday’s closing price after Cowen & Co. turned bearish on the company this morning.
No Rating Changes for Whole Foods after 3Q17 Results
Whole Foods Market (WFM) has been the best-performing supermarket stock this year.
Higher Overseas Investments Drove Skechers’s 1Q18 Costs Higher
Skechers’s gross profit improved 22% YoY to $583 million during the first quarter.
Dollar Tree’s Ratings and Stock Market Performance
Dollar Tree (DLTR) stock didn’t show much momentum even though the company met top and bottom line expectations.
Can We Expect Another Solid Performance by Sprouts in 2016?
Sprouts Farmers Market’s (SFM) management continues to remain positive on the company’s performance in the next year.
What’s the Upside for Kroger Stock?
Kroger (KR) is currently trading at a one-year forward price-to-earnings ratio of 12.9x, which is lower than its three-year average of 14.4x.
Is Wall Street Losing Confidence in Nike?
Overall, analysts do not have a negative sentiment toward Nike’s stock, as the company has not received any “sell” recommendations yet. On September 20, 2016, the company had 21 “buy” and 12 “hold” recommendations from Wall Street analysts.
Management Shake-Up: Nike Sees a Pair of Top-Level Exits
Two of Nike’s (NKE) top-level executives parted ways with the company last week amid reports of inappropriate workplace behavior
Inside Ralph Lauren’s Key Strengths, Potential Upsides, and Key Risks
Ralph Lauren’s merchandise is available through ~13,000 wholesale distribution channels, 501 retail stores, 589 shops-within-shops, and ten websites.
Estée Lauder Falls despite Earnings Beat
The New York–based Estée Lauder (EL) reported results for the third quarter, which ended on March 2018, this morning.
Why Coach Stock Just Plunged 15%
Coach’s (COH) stock price crashed after it reported its fiscal 4Q17 results on August 15, falling 15% on guidance that fell short of Wall Street expectations.
Walgreens’s Deal with Rite Aid Still on, but Delayed
In October 2015, Walgreens Boots Alliance (WBA) announced its intention to acquire Rite Aid (RAD) for a total enterprise value of $17.2 billion.
TFM: Strengths, Weaknesses, Opportunities, and Threats
In this part of the series, we’ll conduct a SWOT (strength, weakness, opportunity, and threat) analysis for The Fresh Market (TFM).
How Were Supervalu’s Margins in Fiscal 3Q16?
Supervalu’s operating margin increase in fiscal 3Q16 was a result of lower corporate (TSA) losses during the quarter.
Porter’s Five Forces Analysis for the US Grocery Industry
Developed by Harvard Business School professor Michael E. Porter, Porter’s Five Forces Model is used for assessing the nature of competition and attractiveness of an industry.
Why Dollar Tree Expects a Low-Single-Digit Rise in 3Q17 Comps
Dollar Tree (DLTR) is expected to release its third-quarter 2017 results on November 21. It’s projected to report a 5.5% rise in total sales.
Nike’s Stock Punished after Mixed 3Q17 Results
Nike’s (NKE) stock plunged over 7% on Wednesday, March 23, a day after the company reported mixed results for fiscal 3Q17.
The Apparel Sector’s Slide Last Week
The S&P 500 Apparel and Accessories index As discussed in the previous part, the S&P 500 (SPX) erased some of its YTD (year-to-date) gains last week (between January 29 and February 2), recording its largest drop over a week in the last two years. The index fell 3.8% and is currently sitting at a YTD gain of […]
PVH Expects Heritage Brands to Show Improvement in 2H16
PVH’s Heritage Brands segment, which includes brands such as Van Heusen, ARROW, Izod, Speedo, Warner’s, and Olga, accounted for 18% of its revenue in 2Q16.
A Look at Michael Kors’ Earnings Expectations and Valuations
As we discussed, Michael Kors (KORS) is slated to report its first-quarter results on August 8. Management has guided for $0.60 to $0.64 in earnings per share.
Strong Calvin Klein Performance Boosted PVH’s Fiscal 4Q15 Results
Total revenue for Phillips-Van Heusen’s fiscal 4Q15 stood at $2.1 billion, registering a rise of 2.1% compared to fiscal 4Q14.
A Porter’s Five Forces Analysis for Whole Foods after Fiscal 2015
Competitive rivalry is extremely strong in the organic and natural food industry. More companies are entering and expanding their presence in the industry.
Who’s Taking a Bite Out of Nike’s Market Share?
Nike is the world’s largest athletic footwear and apparel company. It dominates the sportswear market in Europe, China, and North America.
An Overview of US Gas Stations with Convenience Stores
Casey’s, as per the North American Industry Classification System (NAICS), falls under the sub-category of gas stations with convenience stores.