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 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.
Everyone’s heard that data is the new oil. But Paradata shows that data is like crude oil—if you don’t refine it into something you can use, it’s useless.
Supervalu’s (SVU) stock has failed to please investors for quite some time now. After losing about 70% of its value between 2015 and 2017, the stock has already shed more than 30% so far this year.
Demand for protein-rich food in the domestic market and increased exports have led meat producers Tyson Foods (TSN), Sanderson Farms (SAFM), and Pilgrim’s Pride (PPC) to report stellar sales growth in 2017.
Ten Wall Street analysts cover Supervalu’s (SVU) stock. The company received a neutral rating of 2.5 from Wall Street. Ratings are on a scale of 1 (strong buy) to 5 (sell).
SuperValu finally beats earnings estimates in 4Q17 SuperValu (SVU) reported adjusted EPS (earnings per share) of $0.13 in 4Q17, outperforming Wall Street expectations by $0.05. The first earnings beat for the company in 2017, it was largely driven by a better-than-expected top line and an improved gross profit rate. However, EPS were 7% lower than […]
Yesterday, Calavo Growers (CVGW) reported its earnings for fiscal 4Q15, which ended October 31, 2015. After the report, CVGW fell by 2.3% to close at $49.51 per share.
Farmer Brothers (FARM) recorded net sales for 4Q15 that increased by $2.4 million, or 1.8%, to $132.6 million. The company recorded $130.2 million in 4Q14.
UBS Group Funding (Jersey) Limited (UBS), via its subsidiaries, issued BBB+-rated high-grade bonds worth $4.3 billion in three parts during the week ending September 25.
Investment-grade corporate bonds worth $32.35 billion were issued in the primary market in the week ending September 25, 2015. Fixed-rate issues made up 90.6% of the total issuance for the week.
United Natural Foods’ peers outperformed the company based on the PE and PBV ratios. The performances are similar based on the gross profit margin and EPS.
Trian Fund Management and Nelson Peltz bring significant experience to Sysco (SYY) in orchestrating turnarounds. Trian’s track record includes transforming several large-cap consumer companies.
Trian Fund Management’s 7.08% stake announcement in Sysco (SYY) was well received by the markets. SYY stock rose 7.4% to $41.38 on August 14, the day Trian filed its interest in Sysco with the SEC.
In an SEC filing on August 14, Trian Fund Management disclosed it has beneficial ownership of 42.1 million shares, or a 7.08% stake, in Sysco (SYY). Trian is now Sysco’s largest shareholder.
