Will CarMax’s Q1 Earnings Boost Its Stock Price?
CarMax stock rose 1.4% in the pre-market trading session today at 8:38 AM ET. The company reported its earnings for the first quarter of fiscal 2021.
An Overview of the S&P 500 Retailers
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.
How the Consumer Sector Is Faring amid the Trade War
With the start of Q2 2018 earnings season, the S&P 500 Index saw an average week with trade war tensions looming over the market.
How US-China Trade Tensions Have Affected the Consumer Sector
US-China trade war tensions continued to affect the consumer sector last week.
Analyzing the Consumer Sector’s Earnings Last Week
Nike (NKE) declared its fiscal 2Q18 results on December 21 after the markets closed. In 2Q18, its revenue rose 5.0% to $8.6 billion.
Analyzing Consumer Sector Earnings
Nike (NKE) will be releasing its fiscal 2Q18 results after the market closes on December 21, 2017. It’s expected to post an EPS of $0.41—an 18% fall.
Weekly Winners and Losers: Helped and Hurt by e-Commerce
Is Bed Bath & Beyond (BBY) another Amazon (AMZN) victim? We’re seeing e-commerce cannibalization at least. The stock fell 15% and continued to drift lower.
Possible Options for the Wells Fargo Growth Fund
The Wells Fargo Growth Fund – Class A (SGRAX) is invested in stocks of companies like Tractor Supply Company (TSCO), LKQ Corp. (LKQ), Jack in the Box (JACK), CarMax (KMX), and Fortinet (FTNT).
Sluggish Economic Data May Have Shaken Upbeat Consumer Sentiment
Consumer sentiment for January 2016 looked positive at 93.3 compared to its prior reading of 92.6, but the economy’s strength is still in question.
Autozone Beat Earnings Estimates, Clinched Top Position in SPY
The stocks at the top of the SPDR S&P 500 ETF (SPY) on December 8 were Autozone (AZO), NRG Energy (NRG), and Alexion Pharmaceuticals (ALXN).
Reading Copart’s Fiscal 1Q16 Results: Falls in Revenue and Income
After the company’s 1Q16 earnings report, Copart’s stock rose by 1.36% to close at $37.20 per share as of November 23, 2015.
How Does CarMax Compare to Its Peers?
CarMax has outperformed its competitors based on current ratio, PE, and PB. Its ETFs have outperformed CarMax based on price movement, PE, and PB.
Mixed Sales Reduce Revenue for CarMax
CarMax (KMX) has a market cap of $12.42 billion. Its YTD price movement is not stable and is a mix of ups and downs. After the 2Q16 earnings report, KMX fell 4.69% to close at $59.72 per share.
New Factory Orders Rise in March: First Time since August 2014
The factory orders report is meant to portray the health of the US manufacturing sector. It includes durable and non-durable items.
Consumer Spending Rose to $91 per Day in April
April saw the largest monthly increase in consumer spending since November 2014.
KAR Auction Services Gets Bumped Up Slightly by TPG-Axon
TPX-Axon added to its holdings in KAR Auction Services (KAR) by increasing shares from 4,889,498 to 4,978,837. KAR forms 12.95% of the fund’s 4Q14 portfolio.
Point72 Asset Management Ups Its Stake in General Motors
Point72 raised its position in General Motors during 4Q14. The fund added 3,751,800 shares during 4Q14. It accounted for 1.08% of the fund’s total 4Q14 portfolio.
Why Lear’s 2015 outlook is promising
Lear has outpaced industrial production growth in recent years, and the company expects that this trend will continue in 2015.
Lear’s margins beat expectations in both of its segments
Lear’s core unadjusted operating earnings increased by 26% to $929.2 million. The uptick was due to higher sales volumes coupled with reduction in average total costs.
Glenview Capital builds up position in Lithia Motors
Lithia targets mid-sized regional markets for domestic and imported vehicles, protecting the company from losing market share to leading industry players.
Chilton Investment Company sells its shares in CarMax in 4Q13
Chilton liquidated its position in CarMax Inc. (KMX) in the fourth quarter that had accounted for 0.71% of the fund’s third quarter portfolio.
Chilton Investment Company sells its shares in Genesco
Chilton exited its position in Genesco Inc. (GCO), which had accounted for 1.15% of the fund’s third quarter portfolio.
Chilton Investment Company buys a new stake in US Bancorp
Chilton initiated a new position in the multi-state financial holding company U.S. Bancorp (USB) that accounts for 0.92% of the fund’s fourth quarter portfolio.
Chilton opens a new position in Abbott Laboratories in 4Q13
Abbott Laboratories (ABT) is a brand new position that accounts for 1.19% of Chilton’s fourth quarter 2013 portfolio.
Must-know: Chilton Investment’s Company’s 4Q13 positions
The firm says on its website that it has evolved from managing one long-short equity strategy to managing numerous strategies across various sectors globally.