Comparing Macy’s Valuations to Its Peers’
In this article, we’ll use the 12-month forward PE (price-to-earnings) ratio to assess Macy’s current valuation and compare it with its peers’.
Retail & Wholesale
Market Realist tracks the latest news on stock performance, acquisitions, and earnings in the retail and wholesale sectors.
Behind NVIDIA’s Record Fiscal 3Q18
NVIDIA’s revenues of $2.6 billion represented a quarterly top-line record. The revenue figure rose 32% year-over-year and topped the consensus estimate by ~$280.0 million.
American Express: Opportunities Abound in a Challenging Market
Co-branding relationships are an important part of the American Express business model. The costs of renewing and extending these relationships is increasing.
Why Is Amazon Opening Physical Bookstores?
According to PricewaterhouseCoopers, the global book market could grow to $121.1 billion by 2020, up from $114.8 billion in 2016.
Investment-Grade Corporate Bonds’ Issuance Fell Last Week
Investment-grade corporate bonds worth $28.8 billion were issued in the primary market in the week to May 27, 2016.
How PayPal Won Alibaba’s Business
PayPal (PYPL) has partnered with AliExpress, a marketplace owned by Alibaba (BABA). PayPal is helping merchants on AliExpress accept payment from international consumers.
Morgan Stanley Rated Carter’s as ‘Overweight’
On January 25, 2017, Morgan Stanley initiated the coverage of Carter’s with “overweight” rating. It set the stock’s price target at $103.0 per share.
Walmex – Walmart’s Recent Initiatives In Mexico
Walmex also looking at higher sales through the e-commerce channel. It launched e-commerce in Mexico in 2013. The growth has been moderate.
American Airlines gets significantly lower position in Appaloosa
Appaloosa Management significantly lowered its position in American Airlines (AAL) in the third quarter that ended in September 2014. The position accounts for 3.81% of the fund’s total third-quarter portfolio.
Must-know update: DE Shaw increases its position in Sears Holdings
DE Shaw increased its position in specialty retailer Sears Holdings (SHLD) from 0.01% to 0.07% in 4Q 2013.
Why Walmart and Target Saw Same-Store Sales Growth in 3Q16
Same-store sales growth came in at 1.5% in 3Q16 for Walmart US compared to 0.4% in 3Q15. Target’s (TGT) same-store sales grew 1.9% in 3Q16, driven by both higher traffic and transaction size.
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).
What’s at Stake as JD and Farfetch Merge Operations?
JD.com (JD) has teamed up with Farfetch (FTCH) to help sell luxury brands in China, giving JD customers access to over 3,000 luxury brands.
Inside Groupon International: After the Restructuring
After an unsuccessful international expansion, Groupon (GRPN) has pulled out of overseas markets to pursue a narrowed strategic focus on North America.
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 Druckenmiller Is Optimistic about Chinese Consumer Stocks
Druckenmiller’s firm bought 710,200 shares of Alibaba (BABA) in 2Q17. The holding accounted for nearly 5.4% of the firm’s portfolio in 2Q17.
Why Is Walmart Changing Its Name?
Walmart (WMT) is editing its corporate name. The retailer wants to be known simply as Walmart Inc., not Wal-Mart Store Inc. as it is currently legally known.
Post-Q3 2018 Results, Is NIO Stock a Better Buy than Tesla?
NIO (NIO) stock has been highly volatile since its listing on the New York Stock Exchange in September.
Why Online Sales Are A Competitive Advantage For Staples
The growth in ODP and OMX’s combined sales fell—compared to Staples. They were ~143% of SPLS’s sales in 2007. This is just over $8 billion. That fell to $7.3 billion in 2013.
Costco on the Street: Analyst Recommendations
Of the 32 analysts covering Costco (COST), 69.0% have rated the stock as a “buy” as of April 5. The stock has been rated as a “hold” by 31% of these analysts.
Why Lowe’s Is Trying Hard to Woo Professional Customers
A professional customer is one who’s looking for products to complete projects for other customers.
An Analysis of the Guggenheim China Technology ETF (CQQQ)
The Guggenheim China Technology ETF (CQQQ) is a passive fund that looks to replicate the AlphaShares China Technology Index.
Home Depot: Margins Up on Higher Sales, Lower Expenses
Home Depot’s margins are ahead of those reported by the number-two home improvement (XHB) (ITB) retailer, Lowe’s (LOW), over the past twelve months.
Why China Matters in the Long Run
China matters in the long run—and not just for investors in the country’s equity markets. Slack in the Chinese economy could affect the global economy (FAM) in a big way.
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.
Is eBay’s Active Buyer Base Expanding?
At the end of 2Q17, eBay had 171 million active buyers. The company describes an active buyer as one who successfully closed a transaction on its platforms within the trailing 12 months.
TJX Companies: Pricing Strategy Benefits US Sales in 2Q16
In the first six months of fiscal 2016, HomeGoods accounted for 12.2% of the consolidated net sales of TJX Companies. That’s up from 11.2% in the comparable period of the previous year.
How Did the Fidelity China Region Fund Class C Perform in August?
The Fidelity China Region Fund Class C (FHKCX) aims to achieve long-term capital growth.
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.
Office Supplies Retail: Regulation, Competition, And Consolidation
There aren’t many large brick-and-mortar players left in the market. The industry faced stiff competition from online retailers like Amazon (AMZN).
Is Alibaba Harming US Businesses?
Alibaba’s (BABA) war on fake goods on its marketplaces has been widely criticized as being weak or lacking direction.
State of the Jewelry Industry in 2015: Growth and Challenges
Trends shaping the jewelry industry include Increasing demand for branded jewelry and an increased focus on e-commerce sales.
Why Tiffany Stock Plunged
Tiffany (TIF) disappointed investors with its comparable-store sales numbers in 1Q17. After results were announced, the company’s stock plunged ~9%.
Blue Apron Could Raise New Funding at a Valuation of $2 Billion
The key to unlocking success is for Blue Apron to convince consumers that the food items the company delivers are just as fresh as items bought in person from a supermarket.
Walmart’s Stock Rises 20% Year-to-Date: Can It Rise More?
The stock price of retail giant Walmart (WMT) has risen by 20.1% on a YTD (year-to-date) basis to $73.84, as of July 18. Walmart’s stock has outperformed the S&P 500 Index, which has risen 7.7% on a YTD basis.
American Eagle Outfitters’ Top-Line Performance in Fiscal 4Q17
Strength in the American Eagle and Aerie brands along with a robust digital business contributed to its top-line growth.
Why JCPenney Considers Its Private Brands to Be Vital
JCPenney (JCP) considers its private brands as key sales drivers. Some of the company’s popular private brands are St. John’s Bay, Arizona, Okie Dokie, Total Girl, and Xersion.
Analyzing Kohl’s Opportunities and Threats after 3Q15
Kohl’s can look for growth opportunities in off-price retailing. It opened its first Off-Aisle by Kohl’s store in 2015, with a slightly different concept.
Citron’s Andrew Left Booked Profit in NIO: Should You?
NIO (NIO) has been rising for the last five sessions in a row.
When Can You Expect Walmart’s Profitability Margins to Stabilize?
Despite the revenue headwinds we discussed in the previous part of this series, Walmart (WMT) expanded its gross margin by 21 basis points to 24.6% in the first three quarters of fiscal 2016.
CVS versus Walgreens: Which Has a More Diversified Business Model?
CVS generates close to 70% of its annual sales by offering a full range of pharmacy benefit management services.
JANA Partners starts a new position in Rackspace Hosting
JANA Partners added a stake in Rackspace Hosting Inc. (RAX). The position accounted for 1.18% of the fund’s total third-quarter portfolio.
Kroger versus Walmart: Which Grocery Stock Is Best?
Despite some impressive signs of Kroger’s (K) success, Walmart stock (WMT) is the better pick for the grocery sector. Here’s why.
A Must-Read SWOT Analysis of Sprouts Farmers Market
While Whole Foods Market is struggling at the hands of giants like Kroger and Wal-Mart, Sprouts has been growing steadily in same-store sales and margins.
Did Citron Research’s Predictions for NIO Come True?
Previously in this series, we looked at China’s declining overall vehicle sales for the last eight months.
Why David Einhorn Is Betting against Amazon
On a YTD (year-to-date) basis, Amazon has returned nearly 40% as of November 3, 2017.
Tiffany’s Competitive Position: Porter’s Five Forces Analysis
Porter’s Five Forces model suggests that there are five forces that determine the attractiveness and long-term profitability of an industry or a sector.
Why Did Tiffany’s Interim Holiday Sales Improve?
On Thursday, Tiffany posted its interim holiday sales results. The company’s worldwide net sales from November 1 to December 24 increased by about 1%–3%.
JCPenney: Why Most Analysts Rate the Stock a ‘Buy’
As we mentioned in Part 1 of this series, JCPenney’s (JCP) stock has risen 24.7% since the start of the year to $8.69 as of June 28.
TJX Companies’ HomeGoods Segment Impressed in Fiscal 3Q16
TJX Companies’ HomeGoods segment reported strong same-store sales growth of 6%. The segment’s net sales grew by 12.8% to $959.8 million in 3Q16.