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.
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 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.
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.
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.
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.
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.