Analysts Are Bullish on Five Below’s Strong Q1 2018 Results
On June 6, Five Below (FIVE) reported a strong fiscal first quarter. That prompted ten analysts to raise their price targets.
Wall Street Still Bullish on Five Below ahead of Earnings
Ahead of its upcoming first-quarter, the majority of analysts covering Five Below (FIVE) have maintained a “buy” rating on the stock.
Five Below Stock on the Rise as Future Prospects Look Bright
Five Below (FIVE) has generated YTD (year-to-date) returns of 13.4% as of April 13, 2018.
Status Update: The Walgreens–Rite Aid Acquisition Deal
According to Bloomberg, Walgreens Boots Alliance (WBA) and Rite Aid (RAD) have moved toward closing their long-awaited acquisition deal.
Rite Aid, Fred’s, and Walgreens Rose Due to Possible Deal Closure
Rite Aid, Fred’s, and Walgreens Boots Alliance’s stock prices rose on June 26. The Rite Aid-Walgreens merger might be getting close to a conclusion.
The FTC Might Be Looking to Block the WBA-RAD Merger
According to a recent report from The Capital Forum, the FTC is set to block the pending merger of Walgreens Boots Alliance (WBA) and Rite Aid (RAD).
Walgreens, Rite Aid, and Fred’s: The Shifting Landscape
WBA’s CEO, Stefano Pessina, said that he remains positive about the Rite Aid deal, which has been waiting for FTC approval for more than a year.
Rite Aid Shares Could Slide 53% if WBA-RAD Falls Apart
In a recent research note, a Deutsche Bank analyst warned about a sharp plunge in Rite Aid’s share price if its proposed deal with Walgreens Boots Alliance falls apart.
The WBA-RAD Merger and the 43% Fall in Rite Aid Stock
Uncertainty over closing the proposed merger between Walgreens Boots Alliance (WBA) and Rite Aid (RAD) has resulted in a 42.8% fall in RAD stock YTD.
What’s Happened since the Walgreens–Rite Aid October 2015 Deal?
The merger of Walgreens and Rite Aid would join the second- and third-largest drugstore chains and thus significantly reduce competition.
Walgreens–Rite Aid Merger Deal: The Drama and the Wait
According to a recent Bloomberg report, Walgreens is working on preparing a new deal with Rite Aid in order to please regulatory authorities.
A Look at Walgreens Boots Alliance’s Initiatives and Partnerships
During fiscal 2016, Walgreens entered into various strategic partnerships to advance its retail and pharmacy operations.
Pain Points Affecting Retail Same-Store Sales This Spring
L Brands (LB) had lower same-store sales due to the earlier Easter. The company’s same-store sales declined by 1% for the four weeks ended May 2.
The Redbook Index release indications: Discount and other stores
Pharmacy sales are not as highly impacted with the decline in the consumer spending as the sales for discount retailers.