Costco Wholesale Corp

On Wednesday, Costco (NASDAQ:COST) reported its net sales for June. For the five weeks ended on July 5, the company reported net sales of $16.18 billion.

Kroger will likely announce its results for the first quarter of fiscal 2020 on Thursday. The expectations are high for the company’s first-quarter sales.

Costco’s (NASDAQ:COST) sales rose 7.5% YoY to $12.55 billion in the four weeks ended May 31. The company’s comparable sales grew 5.4% YoY in May.

Costco (NASDAQ:COST) posted mixed results for the third quarter of fiscal 2020 after the markets closed on May 28. Lower traffic took a toll on the company.

Costco Wholesale (NASDAQ:COST) will likely announce its results for the third quarter of fiscal 2020 after the markets close on May 28.

Target (NYSE:TGT) reported its first-quarter results on May 20. For the quarter, the company reported revenues of $19.62 billion.

Retail giant Walmart (NYSE:WMT) proved its might with strong results for the first quarter of fiscal 2021 despite the COVID-19 crisis.

Mass merchandiser Walmart (NYSE:WMT) is scheduled to declare its results for the first quarter of fiscal 2021 on May 19. What can investors expect?

The COVID-19 pandemic didn’t spare Costco (NASDAQ:COST). The company’s net sales fell by 1.8% YoY to $11.39 billion for the retail month of April.

Today, Tyson Foods (NYSE:TSN) reported weak results for the second quarter of fiscal 2020, which ended on March 28. COVID-19 has hurt the company.

In the latest business update, Target disclosed that its comparable sales have risen by over 7% quarter-to-date in the first quarter of fiscal 2020.

On Wednesday, BMO Capital upgraded Target (NYSE:TGT) from a “market perform” to “outperform” rating. The firm also raised its 12-month target price.

Walmart (NYSE:WMT) earned a “buy” recommendation from Citi on April 8. Walmart is well-positioned due to the spike in demand for consumables.

As expected, Costco’s sales continued to rise at a steady pace in March due to panic buying and stockpiling related to the coronavirus.

Costco (NASDAQ:COST), like Walmart (NYSE:WMT) and Target (NYSE:TGT), is one of the companies that’s benefiting amid the coronavirus pandemic.

On Wednesday, Target withdrew its guidance for the first quarter of fiscal 2020 and fiscal 2020 due to uncertainty arising from the coronavirus outbreak.

Analysts are optimistic about Walmart (NYSE:WMT) even though the US stock market crashed due to the coronavirus outbreak.

On Thursday, Costco announced its earnings for the second quarter of fiscal 2020 after the market close. The company reported revenues of $39.07 billion.

Kroger’s performance in recent quarters compared to its peers has left its investors unimpressed. In 2019, Kroger stock rose 5.4%.

Higher sales could support Costco stock. Analysts project high-single-digit growth in Costco’s top line in fiscal 2020 despite tough comparisons.

Consumer stocks had a truly phenomenal 2019. Let’s take a look at five consumer stocks that delivered more than 65% growth in the year.

Costco Wholesale (COST) has been growing its top line consistently, thanks to its impressive comparable sales growth. Let’s take a closer look.

Target stock is trading near the record high and close to its 52-week high of $130.24. The stock has more than doubled from its 52-week low of $64.43.

Costco Wholesale (COST) reported its earnings for the first quarter of fiscal 2020 after the financial markets closed on Thursday.

Costco will announce its earnings for the first quarter of fiscal 2020 after the markets close on Thursday. The sales and earnings will likely rise.

Costco shares have risen 44% year-to-date due to its industry-leading comps growth. However, Costco stock has fallen about 2.2% this week.

Kroger’s earnings growth decelerated sequentially. The adjusted EPS fell on a YoY (year-over-year) basis and didn’t meet analysts’ expectations.

Cowen is positive on Target (TGT) stock. Store remodeling, competitive pricing, and a focus on merchandising should support Target’s comps growth in 2020.

Kroger is set to announce its fiscal 2019 third-quarter earnings results before the market opens on December 5. Here’s what we expect.

So far, Target (TGT) shares have generated significant returns this year. The stock has risen about 89% year-to-date as of November 29.

We expect retail players Target, Walmart, and Costco to shine this holiday season amid a healthy macro backdrop, shopping convenience, and value pricing.

Costco (COST) stock has risen 47.5% year-to-date. COST’s remarkable comps growth supported its upside, but the stock’s surge drove its valuation higher.

Target stock closed 14.1% higher on November 20 thanks to the company’s remarkable performance in the third quarter of fiscal 2019.

Target will announce its third-quarter earnings before the markets open on Wednesday. Target’s earnings growth will likely show sequential deceleration.

At the end of the third quarter, Bristol-Myers Squibb, Celgene, Biogen, UnitedHealth, and Walmart (WMT) were Renaissance Technologies’ top five buys.

Costco announced its October comps data yesterday. Its comps growth increased and its domestic sales sustained their momentum.

When you think of retail companies leading technological innovation, Walmart (WMT) might not be the first name that comes to mind. But it should be.

The CBD market is growing, and acquisitions are heating up. Real Brands is a top, under-the-radar investment candidate that should be on your radar.

Target investors have a lot to celebrate in 2019. Stellar growth, a robust financial performance, and share buybacks have boosted shareholders’ returns.

Renaissance Technologies had a strong investment in the healthcare sector in Q2 2019. The healthcare sector makes up 18.16% of the firm’s total portfolio.

US retail sales grew by 3.5% in the first half of 2019. The retail sector of the S&P 500 Index includes 29 stocks representing a broad variety of retailers.

The US retail industry is transforming at a rapid rate. Let’s take a look at the top seven retailers in the US by market capitalization.

So far, Costco stock has outperformed the broader markets by a wide margin. Costco shares have risen about 46% on a YTD basis as of Wednesday.

The retail sales for 2018 were $4.3 trillion. From January to July 2019, the retail sales in this category rose 3.5% over the comparable period in 2018.

Costco (COST) announced its fiscal 2019 fourth-quarter results yesterday. Investors expecting a special dividend from the retailer may have to wait longer.

Costco is scheduled to report its fourth-quarter earnings on Thursday. The increase in Costco stock and high valuation could limit the upside.

Walmart stock has risen 27.1% and Target stock is up 62.6% YTD through September 24. Same-day fulfillment and delivery services have pushed their growth.

Kraft Heinz stock has fallen sharply this year. Previously, Warren Buffett admitted that Berkshire Hathaway paid too much for the stock.

Bernstein downgraded Costco stock to “underperform” due to its high valuation and competitive pressure. Jim Cramer suggests a “buy” on the downgrade.

Given the sharp rise in Target stock, the upside could be limited. However, we expect Target to continue to post healthy comps and earnings growth.

Deloitte expects holiday sales to exceed $1.1 trillion during the November–January period. Also, e-commerce sales are projected to increase 14%–18%.

Oppenheimer downgraded Costco stock on Wednesday. Oppenheimer analyst Rupesh Parikh downgraded the stock to “perform” from “outperform.”

Even if Kroger meets its targeted comps growth guidance in the second quarter, it will be lower than what Target and Walmart reported.

Kroger is set to announce its second-quarter results on September 12. We expect its top and bottom lines to return to marginal year-over-year growth.

Costco (COST) had impressive sales numbers in August. The company’s domestic sales sustained the momentum and registered strong growth.

Target stock is up 62.0% on a YTD (year-to-date) basis as of August 30. Meanwhile, Costco stock is up about 45% YTD as of the same date.

Costco’s (COST) first store in China got an overwhelming response from customers. The stock closed about 5% higher on Tuesday.

Investment bank Wells Fargo expects holiday retail sales to be weaker than retailers’ forecasts. How are Target, Walmart, and Costco positioned?

Amid pessimism, retailers such as Target, Walmart, Costco, and Lowe’s are putting up stellar performances. Is Trump right to dismiss recession concerns?

Target (TGT) stock fell as trade war concerns hit retail stocks. However, TGT’s Q2 digital sales jumped 42% as it expanded its same-day delivery services.

On August 7, Costco Wholesale (COST) posted impressive comparable sales for July. Its sales remained strong amid trade war concerns.

Many retailers succumbed to increased competitive activity. However, Walmart, Target, and Costco adapted to changing retail dynamics.

Costco (COST) stock has generated stellar returns so far this year and is up 38.2% on a YTD basis.

Goldman Sachs recommends a “buy” on Target (TGT), Walmart (WMT), and Costco (COST).

Costco (COST) posted its sales data for June after the markets closed on Wednesday. The company’s monthly sales were strong.

So far, Costco (COST) shares have generated stellar returns this year. The shares have outperformed the benchmark index.

Target has generated stellar returns so far this year and is up 33.0% year-to-date. A few different things are driving this performance.

Walmart (WMT), in a bid to upgrade its logistics in China, plans to invest $1.2 billion or 8 billion yuan over the next ten years.

As of June 21, Kroger (KR) was trading at a 12-month forward PE ratio of 9.9x. The company’s forward valuation multiple has fallen 5.4% since its first-quarter results on June 20.

We expect Walmart (WMT) to continue to drive comparable sales on the back of higher traffic and ticket size. The expansion of digital fulfillment options, a focus on merchandise, and value pricing is expected to support its comparable sales. However, tough comparisons and heightened competition are likely to remain a drag.

Target stock trades at a forward PE ratio of 14.5x. Target stock is trading at a discount of 37% compared to Walmart’s forward PE ratio of 23.0x.

Costco’s impressive comps and strong EPS growth supported its stock. However, the recent uptrend in Costco stock and rich valuation could limit the upside. Analysts expect Costco’s comps to continue to grow at a decent rate.

Costco faces tough year-over-year comparisons in fiscal 2019, which could restrict its bottom-line growth. The absence of a significant boost from the lower tax rate could limit the company’s EPS growth.

Costco (COST) shares outperformed the broader markets. The shares have risen 27.7% on a year-to-date basis as of June 14. The company’s impressive comps supported the uptrend in its stock.

For Costco, most of the analysts continued to recommend a “buy” rating, which reflected the company’s impressive sales and earnings growth.

Costco’s total revenues of $34.7 billion beat analysts’ expectation and increased 7.4% on a YoY (year-over-year) basis.

Costco (COST) posted better-than-expected third-quarter results after the markets closed on May 30.

Costco Wholesale (COST) is scheduled to announce its Q3 2019 results on May 31.

Costco’s (COST) sales growth rate has been impressive in the past several quarters, reflecting industry-leading comparable sales growth.

Costco Wholesale (COST) is scheduled to announce its fiscal 2019 third-quarter results after markets close on Thursday.

Costco had an impressive comparable sales growth rate for April. Costco posted a 5.4% increase in its comps for the four weeks ending May 5.

We believe Target’s (TGT) digital initiatives coupled with its exclusive brands and store remodelings will continue to drive its traffic and comparable sales growth.

Shares of Target Corporation (TGT) have generated better returns than both Costco (COST) and Walmart (WMT) so far this year.

Costco (COST) shares are trading at a forward PE ratio of 30.2x, which seems high given the projected EPS growth of ~7% in fiscal 2020.

Costco’s comps rose 5.7% for the five weeks ending April 7. The net sales increased 7.4% to $13.87 billion.

Walmart (WMT) has impressed with its comparable sales and earnings growth rates in the past several quarters.

Walmart stock is up 6.1% year-to-date as of April 5. The company is likely to sustain momentum in its comps in the coming quarters.

Shares of Target Corporation (TGT) are up 23.1% YTD (year-to-date) as of April 4 and have outperformed the broader markets.

Kroger (KR) stock underperformed the broader markets in the first quarter and fell 10.5%. In comparison, the S&P 500 rose 13.1%.

Amazon (AMZN) has been struggling due to slow revenue growth and higher investments in 2019 in hiring and capital spending.

Retail e-commerce giant Amazon (AMZN) acquired Whole Foods for $13.7 billion in June 2017 amid efforts to gain market share in the US grocery space.

Amazon (AMZN) has slashed Whole Foods’ prices again.

Target Corporation (TGT) is expected to carry the momentum in both its sales and earnings into fiscal 2019.

Target has reported impressive comparable sales for the past several quarters thanks to the strong growth in its traffic.

Shares of Target are up 21.4% YTD (year-to-date) as of March 29 and have generated better returns than both Walmart and Costco.

On March 25, Apple (AAPL) announced that it would launch an Apple-branded credit card, known as Apple Card, this summer in the United States.

The strong uptrend in Costco stock is supported by the company’s back-to-back impressive sales and earnings performances.