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.
Retail & Wholesale
Market Realist tracks the latest news on stock performance, acquisitions, and earnings in the retail and wholesale sectors.
Nordstrom Completes Sale of Credit Card Portfolio to TD Bank
On October 1, Nordstrom (JWN) announced the completion of the sale of its credit card portfolio to Toronto-Dominion Bank (TD), also known as TD Bank.
ETFs with holdings in Macy’s: How should I invest?
Some ETFs with holdings in Macy’s include one of the most popular ETFs in this category, the Consumer Discretionary Select Sector SPDR Fund (XLY).
Can Target Save Toys R Us from the Retail Graveyard?
Target has just announced a partnership with Toys R Us parent company Tru Kids Brands to manage online sales and order fulfillment.
Why did Maverick Capital start new position in Autodesk?
Maverick Capital is a $9 billion long-short equity hedge-fund firm, founded in 1990 by Lee S. Ainslie and Sam Wyly. In 2005, Maverick launched a long-only fund and two market-neutral funds with longer than usual investment lockups. The firm is headquartered in Dallas and has an additional office in New York. The fund bought new […]
Analyzing Tiffany’s Largest Segment: The Americas
Tiffany & Co.’s Americas segment includes sales from company-operated retail stores in the United States, Canada, Mexico, and Brazil.
Why NIO Stock Tanked after Its Q4 2018 Earnings Release
In this series, we’ll take a look at the key highlights of NIO’s fourth-quarter earnings release.
Stephen Mandel’s Lone Pine Capital buys a new position in Equinix
Lone Pine initiated a new position in Equinix (EQIX) last quarter that accounts for 1.81% of the fund’s total 1Q portfolio. Lone Pine had exited the position in 4Q 2013 and restarted it last quarter.
ETFs with holdings in Nordstrom
This article discusses ETFs with holdings in Nordstrom.
Walmart’s Strategic Business Priorities and Their Impact
Walmart’s strategic priorities include building omni-channel capabilities, growing its top line faster, focusing on core assets and capital discipline, and generating stronger shareholder returns.
Santa Could Yet Bring Cheer To Holiday Retail Sales
We think the final tally for holiday retail sales could differ from the gloomy picture some of the initial estimates had painted.
Kohl’s Valuation Surges after Fiscal 2Q16 Results
As of August 15, Kohl’s was trading at a 12-month forward PE (price-to-earnings) ratio of 11.7x.
Softbank’s Journey from Alibaba to Uber and WeWork
In 2017, Softbank (SFTBY) created a pool of $100 billion to promote new business ventures. The company provided seed funding to entrepreneurs worldwide.
An investor’s must-know guide to LKQ’s 3 operating segments
LKQ is the nation’s largest provider of alternative vehicle collision replacement products and a leading provider of alternative vehicle mechanical replacement products.
Can Malaysia’s Improved Retail Sales Support Economic Growth in 2017?
Retail sales in Malaysia rose 13.9% YoY (year-over-year) in June 2017, compared with its 13.6% gain in May 2017.
Walmart’s Key Challenges In Its Business Environment
The NLRB filed a complaint last January. It accused Walmart of violating labor laws. The NLRB claims that the retailer acted against workers who joined unions.
What Investors Need to Know about Valuation Price Multiples
Valuation price multiples are used in the relative valuation technique. This is the most common method used by Wall Street to value stocks.
What Bill Miller Thinks about Amazon’s Business Model
Whole Foods Market (WFM) has returned nearly 40% on a year-to-date basis as of June 20, 2017.
Why Lowe’s Bought Orchard Supply and Is Eyeing Smaller Stores
Lowe’s is also experimenting with the idea of rolling out other smaller format stores like City Center stores in other under-penetrated and high-density urban areas in the US.
Hurdles in Tiffany’s Growth: Weaknesses and Threats
Since it’s a luxury brand, Tiffany & Co.’s products are priced high, with no promotions. Thus, Tiffany products may be out of reach for many customers.
Inside the Expanded JD-Tencent Partnership
China-based online retailer JD.com and social media and digital payments provider Tencent recently announced that they were expanding their partnership.
Porter’s Five Forces Analysis for SUPERVALU
The Porter’s Five Forces model is extensively used for assessing the nature of competition and attractiveness in an industry.
Get Real: Running the Gauntlet
In this morning’s Get Real market newsletter, we saw that Disney+ is running the gauntlet while Apple and Microsoft take the Dow to new heights.
Walmart Takes On Amazon in a Marketplace Duel
According to eMarketer, Walmart.com is the preferred platform for most vendors looking to expand their online channels.
Bank of America/Merrill Lynch Downgrades Kate Spade to ‘Neutral’
Kate Spade (KATE) reported fiscal 3Q16 net sales of $316.5 million—a rise of 14.1% compared to net sales of $277.3 million in fiscal 3Q15.
Sears Holdings’ Revenue Fell, Income Rose in Fiscal 3Q15
Sears has a market cap of $2.0 billion. Its YTD price movement both rose and fell in fiscal 2015. After it released its fiscal 3Q15 report, SHLD fell by 6.9%.
Macy’s Stock: Why Do Most Analysts Rate It a ‘Hold’?
On February 2, 2017, 19 out of 22 analysts covering Macy’s (M) stock had “hold” recommendations, and three analysts had “buy” recommendations.
The Idea behind Economic Moats
“How Moats Translate into Sustainable Competitive Advantages” is a five-part moat investing education series that explores the primary sources of economic moats. she
Why Tiffany & Co. Is More Profitable than Its Competitors
Since 2006, Tiffany’s margins have been on the higher side compared to its peers, including Signet Jewelers and Fossil, in the retail jewelry industry.
Best Buy’s Valuation: How Does It Compare to Peers?
As of April 25, Best Buy (BBY) was trading at a 12-month forward PE (price-to-earnings) ratio of 11.3x.
Macy’s International Growth: Bloomingdale’s to Open in Kuwait
Macy’s (M) is gearing up for further international expansion with its plan to open its first Bloomingdale’s store in Kuwait.
Why Goldman Sachs Is Optimistic about Alibaba
Alibaba was trading at $169 on September 8, 2017. Its 52-week high is $177 and its 52-week low is $86.01.Company & Industry Overviews Analyzing Ferrari’s Separation from Fiat Chrysler Automobiles
In October 2014, Fiat Chrysler Automobiles (FCAU) announced its intentions to spin off Ferrari (RACE) as an independent entity.
Understanding the Value of an Alibaba Customer
In Alibaba’s (BABA) e-commerce industry, metrics such as active shoppers and average revenue per user (or ARPU) are closely watched.
Where Does Walmart’s Valuation Stand Compared to Its Peers?
As of September 19, 2016, Walmart (WMT) was trading at a 12-month forward PE multiple of 16.6x, which is slightly above its YTD average forward PE of 16.4x.
Why Tiffany Is Spending More on Marketing
Tiffany has been increasing its advertising expenses. In fiscal 2015, it spent $284 million on advertising, marketing, and public and media relations.
Walmart Lowers Capital Expenditure Projections
Walmart has updated its capital expenditure projections for fiscal 2016. It expects to spend $12.4 billion in fiscal 2016, in the middle of the $11.6–$12.9 billion guidance range provided earlier.
What’s Shaping Consumer Spending Trends at Walmart Stores?
The average store-only shopper spends ~$1,400 per year at Walmart, while the online-only shopper spends ~$200.
Lowe’s Retail and Pro Customers: Who Accounts for More Sales?
The retail customer accounts for about 70% of Lowe’s sales. However, retail customers account for about two-thirds of Home Depot’s (HD) customer base.
How Walmart Compares to Its Peers
On May 12, 2017, Walmart (WMT) was trading at a 12-month forward PE multiple of 17.5x.
Signet Jeweler’s Market Positioning in the Retail Jewelry Industry
Total retail jewelry sales in the US grew at a CAGR of 4.4%, reaching $74.7 billion in 2014. Fine jewelry sales grew at a CAGR of 5%, reaching ~$69 billion.
Which International Opportunities Is Lowe’s Betting On?
Lowe’s (LOW) operates stores in the select international markets of Canada and Mexico.
Will Nordstrom’s Rack Stores Continue to Be a Key Growth Driver?
In 2Q15, Nordstrom Rack store sales increased by 12.9% to $857 million from the comparable quarter of the previous year.
Why did Amazon’s international business growth disappoint?
Amazon’s revenue growth at its Media segment has declined dramatically over the last few quarters. Its international business growth has also disappointed.
JCPenney: Analysts’ Recommendations and Target Price
As of July 13, 15 analysts covering JCPenney (JCP) stock have a “hold” rating. Seven analysts have a “buy” rating, while two analysts have a “sell” rating.
Did Analysts Change Their Views on Target after 1Q17 Results?
The majority of analysts covering Target (TGT) remain neutral on the stock.
The Lowe’s-Rona Transaction: Sizing Up the Potential Synergies
Lowe’s (LOW) expects the Rona (RON.TO) transaction to be accretive to its earnings per share or EPS from the very first year after the acquisition.
Don't Purchase a Costco Membership Until You Read This
If you're considering a Costco membership, here's what each membership level gets you and whether it's worth it.
Walgreens Offers Free COVID-19 Testing, Stock Faces Pressure
As Walgreens' earnings report approaches, the company has stepped up its efforts to combat the COVID-19 pandemic by offering free testing.
Who Owns Etsy and Will It Eventually Sell Out?
Etsy is an e-commerce marketplace and community for unique and one-of-a-kind goods. It's the go-to website for individuals looking for original gifts.