First Trust Consumer Staples AlphaDEX Fund
Can We Expect Upward Momentum in Kroger’s Stock Price?
As of December 27, Kroger was trading at $27.38, which represents a fall of 9.9% from the highs of December 14.
Kroger Stock Rose Due to Third-Quarter Earnings Beat
Kroger (KR) posted its third-quarter earnings on December 6. The company posted an adjusted EPS of $0.48 on revenues of $27.67 billion.
Weak Q2 Results Erase Kroger’s Stock Gains
As discussed, Kroger (KR) reported its fiscal Q2 2018 results September 13, beating analysts’ bottom-line estimate but missing their sales expectation.
Kroger’s Comps Growth Lags behind Competitors’
Kroger’s (KR) sales comps continued to improve in the second quarter, and were positive for a fifth straight quarter.
A Look at Kroger’s Year-to-Date Stock Returns
After a disappointing performance in 2017, the Kroger Company (KR) stock has delivered solid returns so far this year.
Strong Q2 2018 Results Cushion CVS Health’s Falling Share Price
CVS Health’s (CVS) better-than-expected second-quarter results managed to please investors.
Analysts Aren’t So Sure about Rite Aid Stock
After a disastrous 2017, Rite Aid stock has managed to stay in the green so far this year.
What to Expect from Rite Aid’s Q1 2019 Results
Rite Aid stock has risen a moderate 2.2% this year after falling 76% last year. Wall Street, however, expects some recovery in the stock price this year.
How Wall Street Views Rite Aid Stock ahead of 4Q18 Results
Rite Aid’s stock has plunged around 18% this year after falling 76% last year.
Analyzing the Synergies that Could Come from the Albertsons-Rite Aid Deal
Albertsons Companies is planning to rebrand its existing pharmacies (excluding Jewel Osco) as Rite Aid stores.
Sprouts Farmers Market Stock Had a Strong Performance
Despite competitive headwinds in the retail food space, Sprouts Farmers Market (SFM) stock surged 29% during 2017.
Why Kroger Decided to Sell Its Convenience Store Business
The convenience store business was Kroger’s non-core business. Kroger announced its intention to explore strategic alternatives in October 2017.
Wall Street’s Take on Rite Aid after 3Q17 Results
Wall Street kept its stance unchanged on Rite Aid (RAD) after its third-quarter results. Evercore ISI, however, initiated coverage on the company on January 5 with an “underperform” rating.
Stock Watch: No Respite for Rite Aid’s Shareholders
As we discussed throughout this series, Rite Aid (RAD) reported better-than-expected quarterly profits on January 3. However, the third quarter results couldn’t stop the slide in the company’s stock price.
Depressed Retail Pharmacy Gross Profit Impacts Rite Aid’s 3Q17
Rite Aid Corporation (RAD) reported third-quarter results on January 3. The company’s adjusted net earnings from continuing operations stood at $1.6 million, or $0.00 per diluted share, compared to $26.8 million or $0.03 per diluted share during the same period last year.
Rite Aid’s 3Q17 Results: A Quick Look
Rite Aid Corporation (RAD) reported results for 3Q17 on Wednesday, January 3. The results relate to the three-month period ending December 2, 2017.
Casey’s Prepared Food Segment Continued to Fall
The Prepared Food and Fountain segment accounted for 12% of Casey’s (CASY) 2Q18 sales. It recorded a 5.5% YoY increase during the quarter.
Analyzing Casey’s Business Segments before Its 2Q18 Results
Since the Fuel segment is Casey’s largest segment, its performance defines the company’s overall performance in any given quarter.
Sizing up Kroger’s ‘Restock Kroger’ Initiative
Kroger recently announced its Restock Kroger initiative, which focuses on planned capital investments, cost savings, and free cash flow.
A Look at the Financial Details of the CVS-Aetna Deal
CVS is paying more than 11 times the trailing 12-month EBITDA for Aetna.
Kroger’s Margins Expected to Deteriorate Further in 3Q18
Kroger’s margins have deteriorated continuously over the last year As mentioned previously, Kroger’s (KR) top line has grown over the last 15 quarters, despite rising competition and other headwinds. However, its profitability has taken a hit in the last year. Kroger’s EPS (earnings per share) have fallen for the last four quarters. The company has sacrificed […]
Pharmacy Drives CVS Health Top Line as Retail Segment Struggles
As we’ve discussed, CVS Health (CVS) reported its 3Q17 results on November 6. The company’s top line improved 3.5% YoY (year-over-year) to $46.2 billion.
CVS Health May Vertically Integrate Further by Acquiring Aetna
With trailing 12-month sales of $181 billion, CVS Health is a pharmacy colossus. However, its focus seems to be on becoming more than just a retail pharmacy chain.
Rite Aid Stock Has Upside of 24% in the Next 12 Months
Rite Aid’s stock crashed 11%, touching a four-year low after the company missed revenue expectations and reported weak sales comps on September 28.
A Look at Rite Aid’s Stock Crash This Year
Rite Aid’s shareholders have been the real losers from the delay and eventual termination of the deal between Rite Aid (RAD) and Walgreens Boots Alliance (WBA) in October 2015.
Here’s Why Rite Aid’s Margins Have Deteriorated over the Years
Rite Aid’s profitability has worsened over the years. Its gross margin has fallen from 29.0% in fiscal 2013 to just 22.6% in the first quarter of the current fiscal year.
Kroger Faces Rating Downgrade from Wall Street after 2Q Results
A total of 26 Wall Street analysts cover Kroger (KR). Out of these analysts, the stock has received a “buy” rating from 31% of analysts.
Deutsche Bank and Oppenheimer Downgrade Kroger
Kroger’s (KR) 2Q18 results invited a host of negative reactions from Wall Street.
Kroger’s Guidance Policy Change and the Aftershock
Kroger’s (KR) stock tumbled on September 8 after the supermarket giant announced its plan to scrap the practice of providing long-term guidance.
Kroger Beat Top-Line Estimates while Moving Comps Back to Green
Kroger’s (KR) top line improved 3.9% YoY (year-over-year) in the second quarter of fiscal 2018 to $27.6 billion.
How Whole Foods’ Price Cuts Could Impact Sprouts Farmers Market
After bleeding in the stock market in 2015 and 2016, Sprouts Farmers Market (SFM) stock finally bounced back in 2017, rising 27.0% at the end of July 2017. But August turned out to be one of its worst months.
Casey’s Prepared Food Segment’s Comps Were Soft
The Prepared Food and Fountain segment, which accounted for 13% of Casey’s 1Q18 sales, recorded a 7.4% YoY increase in its sales during the quarter.
Kroger Stock Has Lost More than One-Third of Its Value this Year
A challenging retail environment, continuous and rising competition, and Kroger’s inability to drive sales comps and earnings growth have weighed down on the grocer’s stock market performance.
Understanding Kroger’s Top Line ahead of 2Q18 Earnings
As we’ve discussed, Kroger (KR) will be reporting second-quarter results on September 8. The company is expected to grow revenues by 3.5% YoY (year-over-year) to $27.5 billion.
Solid Comps, New Store Openings Boost SFM’s 2Q17 Top Line
Sprouts Farmers Market (SFM) reported a 14.7% year-over-year increase in sales to $1.2 billion in 2Q17.
WFM Reports 8th Consecutive Same-Store Sales Drop in 3Q17
Whole Foods Market (WFM) posted record sales of $3.7 billion, which was in line with the consensus expectations.
Despite SFM’s Cost, It Has a Better Earnings Potential than Its Peers
Sprouts Farmers Market (SFM) is valued at a one-year forward price-to-earnings ratio (or PE) of 26.0x, which is close to the upper end of its 52-week PE range of 20.0x–27.0x.
What Analysts Recommend for Sprouts Farmers Market before Its 2Q17 Results
According to the latest data compiled by Thomson Reuters, 52% of the analysts recommend buying SFM.
SFM’s Sales Comps to Remain in Positive Territory in 2Q17
Sprouts Farmers Market (SFM) has successfully survived deflation and rising competition, posting 40 consecutive quarters of positive sales comps.
Wall Street’s Take on Whole Foods ahead of Fiscal 3Q17
Whole Foods Market (WFM) is covered by 24 Wall Street analysts. The company has a rating of 3 on a scale of 1 (“strong buy”) to 5 (“sell”).
Whole Foods Trades at a Premium to Most Peers Thanks to Amazon
Whole Foods has seen deterioration in its sales comps and earnings over the past few years. Its EPS fell from a rise of 16.7% in fiscal 2013 to a fall of 3.7% in fiscal 2016.
Whole Foods to Witness One of Its Slowest Growth Quarters
WFM will report its fiscal 3Q17 results on July 26, 2017. The premium organic retailer is expected to post top line growth of 0.6% YoY (year-over-year) in fiscal 3Q17.
Is Sprouts Farmers Market Next on the Grocery Acquisition List?
Sprouts Farmers Market (SFM) has gained close to 20% YTD (year-to-date) as of July 6 and is now trading at $22.54, or 15% below its 52-week high price.
Kroger Beats Top-Line Estimates, but Comps Decline—Again
Kroger’s top line improved 4.9% YoY (year-over-year) in fiscal 1Q18, reaching ~$36.3 billion, which beat the Wall Street expectation of a 3.4% increase.
Behind Kroger’s Stock Returns ahead of the Fiscal 1Q18 Results
After losing 17% in 2016, Kroger stock has fallen 12.5% on a year-to-date basis.
Kroger’s Top-Line Prospects ahead of the Fiscal 1Q18 Results
For fiscal 1Q18, Kroger (KR) is expected to register YoY (year-over-year) growth of 3.3% in its top line and reach $35.7 billion.
What Analysts Recommend for Sprouts Farmers Market
Of the 21 analysts who rate Sprouts Farmers Market, 57% recommend a “buy” on the company, while 43% recommend a “hold.”
SFM’s Comps Growth to Remain Muted in Fiscal 2017
Sprouts Farmers Market’s (SFM) management expects deflationary headwinds to continue at least in the first half of 2017.
How Sprouts’ Top Line Looks ahead of 1Q17 Results
After reporting top-line growth of over 20% in fiscal 2014 and 2015, Sprouts Farmers Market’s (SFM) sales rose 13% in fiscal 2016.
Whole Foods Market Rises 10% as Jana Partners Declares Its Stake
Whole Foods Market stock (WFM) spiked as much as 10% on April 10, 2017, after activist investor Jana Partners disclosed its 8.3% stake in the company.
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.
Kroger Approves New $500 Million Repurchase Plan
Kroger announced a dividend of $0.12 per share on March 9—in-line with the previous quarter. It also announced a new $500 million buyback program.
RBC Capital Downgrades CASY after Weak Fiscal 3Q17 Results
Casey’s General Stores (CASY) is currently trading at a one-year forward price-to-earnings ratio of 20.9x, operating in the middle of its 52-week PE range of 18.0x–23.3x.
Top Factors behind CASY’s Fiscal 3Q17 Top and Bottom Line Miss
Although CASY’s top line showed improvement during fiscal 3Q17, its bottom line remained under pressure.
Kroger Stock Slides 4% after Its Fiscal 4Q17 Results
Despite cruising ahead of its revenue and earnings estimates, Kroger (KR) stock fell 4.3% after reporting its fiscal 4Q17 results.
Analyzing Kroger’s Fiscal 4Q17 Sales Performance
Kroger (KR), America’s largest supermarket, reported an improvement of 5.5% in total sales to $27.6 billion during fiscal 4Q17.
Casey’s on the Street: Why All the Optimism?
Casey’s (CASY) is covered by 13 Wall Street analysts, who have jointly rated the stock a 1.8—a better rating than its major peers.
Can Casey’s Return to Growth in 3Q17?
Casey’s has a strong and differentiated business model, with a focus on locations that have a low population density.
Despite Challenges, SFM Delivered Industry-Leading Growth in 2016
Fiscal 2016 top line rises 13% Despite ongoing deflationary headwinds throughout 2016, Sprouts Farmers Market (SFM) delivered industry-leading top line growth in 2016. The company’s total sales rose 13% to $4 billion during the year. On a 52-week basis, its sales rose 15% YoY (year-over-year), compared to the trailing-12-month top line growths of 1.7%, 4.6%, and […]
Sprouts Farmers Market Reported another Comps Slowdown in 4Q16
Sprouts Farmers Market (SFM) reported a 6% YoY (year-over-year) rise in its sales to $986 million in 4Q16, ~$11 million higher than analysts’ expectations.
Wall Street’s Sentiment on Kroger Stock Is Positive
In this article, we’ll look at Wall Street analysts’ recommendations and current valuations for Kroger (KR). Kroger is covered by 25 analysts.
How Attractive Is Kroger Stock Compared to Its Peers?
Kroger (KR) stock has done better than its supermarket peers over the last three years. Its share price has risen 75% since the beginning of 2014.
How Has Deflation Affected Kroger’s Comps This Fiscal Year?
Kroger’s (KR) same-store sales have witnessed a slowdown recently. Its sales comps have fallen continuously in the last five quarters.
What Does Wall Street Think about Sprouts Farmers Market?
Of the 21 analysts who rate Sprouts Farmers Market, 57% have recommended buying the company while 43% recommend holding it.
Sprouts Farmers Market Likely to Post Flat Comps in 4Q16
Sprouts thinks that the deflationary environment could impact its fourth quarter results and is expecting cost deflation of around 1% in the fourth quarter.
What’s Hampering Sprouts Farmers Market’s Top-Line Growth?
After recording more than 20% growth in fiscal 2014 and 2015, Sprouts Farmers Market’s (SFM) sales rose around 15% in the first nine months of 2016.
Whole Foods Reports 6th Consecutive Slide in Comps in Fiscal 1Q17
In fiscal 1Q17, Whole Foods Market reported a 1.9% increase in sales to $4.9 billion, backed by 13 new stores that opened during the quarter.
Who Loses with the Walgreens–Rite Aid Amended Merger Agreement?
Walgreens Boots Alliance (WBA) and Rite Aid (RAD) have amended their merger agreement. WBA will now pay less for each RAD share, depending on the number of locations it must divest.
Comparing Supermarket Stocks: Which Is a Better Buy?
Valuations of most supermarkets have taken a hit as the companies have been severely punished in the stock markets for their poor financial performance and bleak outlooks.
Constellation Brands’ Beer Segment: Key Drivers behind Q3 Sales
Constellation Brands’ (STZ) Beer segment remained a key growth driver in fiscal 3Q17, which ended on November 30, 2016.
Casey’s Analyst Recommendations Compared to Its Peers
Casey’s is covered by 13 Wall Street analysts. Of those analysts, 77.0% have recommended a “buy” for the company, and 23.0% have recommended a “hold.”
Casey’s Top-Line Slide Continued in Fiscal 2Q17
Casey’s (CASY) fiscal 2Q17 sales fell 0.20% year-over-year to $1.9 billion, missing the consensus estimate by $20.0 million.
WFM’s Sales Comps and Net Income Slid in Fiscal 4Q16
Whole Foods Market (WFM) reported its results for fiscal 4Q16 on November 2, 2016. The company reported a 1.7% year-over-year increase in its top line to $3.5 billion.
Sprouts Farmers Market Stock Fell 11% after Its 3Q16 Earnings
Sprouts Farmers Market’s stock price fell 11.3% after the company reported its results on November 3, 2016.
Why Sales Comps Continue to Face Deflationary Headwinds
Sprouts Farmers Market’s sales growth was driven by a 1.3% increase in sales comps and strong new store productivity during 3Q16.
Deteriorating Health of SFM: Wall Street’s View, Company Guidance
Analysts expect SFM’s EPS to fall 1.2%, to $0.85, in fiscal 2016. But despite a slowdown in earnings, Wall Street is still bullish on the company.
Why Whole Foods Market’s Sales Plunged and Margins Narrowed
Whole Foods Market (WFM), considered a pioneer in the US natural and organic foods industry, enjoyed robust topline growth and margins until competition heated up.
Constellation Brands 2Q17 Margins: What Do Analysts Expect?
For fiscal 2Q17, which ended on August 31, 2016, analysts expect Constellation Brands’ gross margin to rise to 46.3% from 44.7% in 2Q16.
Kroger’s Management Focuses on the Bigger Picture
Although Kroger’s (KR) 2Q17 results indicate a huge slowdown, the company still managed to register an improvement in its market share.
Kroger’s Same-Store Sales Face This Headwind
Kroger’s (KR) top line of $26.6 billion, a rise of 4% year-over-year, missed the consensus by $220 million.
In Search of Anything to Be Pleased with about Casey’s 1Q Results
For 1Q17, which ended July 31, 2016, Casey’s General Stores (CASY) reported a 3.8% decline in total sales to $2.0 billion.
Evaluating Kroger’s Fiscal 1Q17 before It Posts Its 2Q17 Results
Kroger reported its 1Q17 earnings on June 16, 2016. The company’s revenue inched 4.7% higher to $34.7 billion for the three months ended on May 21, 2016.
How Kroger Is Managing to Hold the Line on Revenue Growth
Kroger (KR) has a strong growth story. The company has grown its top line at a CAGR (compound annual growth rate) of 6% in the last five years.
Casey’s Compared to Its Peers: A Valuations Summary
Despite moving to the higher side of its valuations, Casey’s is still reasonably priced compared to peer CST Brands (CST).
How Did Fuel Price Volatility Affect Casey’s in 4Q16?
While lower fuel prices have depressed Casey’s top line, they have led to a tremendous margin benefit for the company.
Analyzing Hormel Foods’ Valuation after 3Q16
Hormel is trading at a PE ratio of 22.9x as of August 22. Analysts expect its adjusted EPS to rise by 23% and its revenue to increase by 2% in fiscal 2016.
Wall Street Analysts’ Recommendations for Hormel after 3Q16
Hormel Foods (HRL) released its fiscal 3Q16 earnings on August 18. Around 27% of analysts rate Hormel a “buy,” ~64% rate it a “hold,” and 9% rate it a “sell.”
How Much Did Hormel Foods’ Margins Rise in Fiscal 3Q16?
Hormel Foods reported an operating profit of $275 million in fiscal 3Q16—an increase of 19% compared to fiscal 3Q15. Its operating margin rose to 11.9%.
What Impacted Sanderson Farms’ Results Last Quarter?
Sanderson Farms (SAFM) delivered a drop in YoY (year-over-year) net sales in the second quarter as well. Net sales fell 3% to $692 million.
What Made Hain Celestial Shares Fall on August 16?
After growing 39% so far in 2016, Hain Celestial (HAIN) stock started falling on August 15. The stock fell 26% to $39.45 in after-hour trading on August 15.
What Do Wall Street Analysts Recommend for Hormel Foods?
Survey results show that 9% of analysts rate Hormel a “buy,” ~82% rate it a “hold,” and 9% rate it a “’sell.” The average broker target price is $39.75.
How Is Tyson Foods Positioning Itself through Innovation?
Tyson’s Core 9 product lines are the primary drivers of sales and profitability within its packaged retail offerings. These include brands such as Tyson, Hillshire Farm, Jimmy Dean, Ball Park, Wright, and Aidells.
What Were the Key Drivers behind Monster’s 2Q16 Sales Growth?
Monster Beverage’s (MNST) sales grew by 19.3% in 2Q16 to $827.5 million. Analysts expected the company to deliver net sales of $804.2 million in the second quarter.
Did Kellogg’s Earnings Beat Estimates in Fiscal 2Q16?
In fiscal 2Q16, Kellogg Company (K) reported EPS (earnings per share) of $0.91, in line with analysts’ estimates.
Whole Foods’ Margins and Profitability May Continue in 4Q16
Whole Foods Market’s (WFM) sales comps and gross margin have come under pressure as the company has been following a value strategy to lift sales.
What Analysts Recommend for Pilgrim’s Pride after 2Q16 Results
As of July 28, 2016, Pilgrim’s Pride (PPC) was trading at $23.74. In this part of the series, we’ll see what analysts recommend for the company after its 2Q16 earnings release.
How Mondelez Compares to Its Peers’ Key Moving Averages
On July 27, Mondelez closed at $43.94. The stock is trading 1.2% above its 100-day, 1.4% below its 50-day, and 2.9% below its 20-day moving averages.
Why Did Mondelez’s Stock Price Fall after Its 2Q16 Results?
On July 27, Mondelez International (MDLZ), the maker of Cadbury chocolates and Oreo cookies, reported its fiscal 2Q16 results. The stock fell 3%.
71% of Analysts Recommend ‘Buys’ on KHC before Its 2Q16 Results
Results show that 71% of analysts rate Kraft Heinz (KHC) as a “buy,” ~19% rate it as a “hold,” and 10% rate it as a “’sell.”