Target CEO Brian Cornell’s Net Worth, Family, and Political Beliefs
Brand-Name Parent Company Owns Target, CEO Makes Big Bucks
Retail Stocks During Inflation—How to Tweak Your Portfolio
Target's Employee Tuition Program—Which Colleges Made the Cut?
Must-know update: Redbook Index same-store sales data released
The Redbook Index released the same-store weekly data on Tuesday, March 11, 2014.
Will Walmart and Target’s Digital Initiatives Hurt Costco?
Costco’s top line has grown at an average rate of 11.9% in the past five quarters. On average, the company’s adjusted EPS increased 17.9%.
Why Target Could End Fiscal 2018 on a Strong Note
Investors punished Target (TGT) stock following the company’s sluggish margins during the third quarter of the fiscal year.
Why Costco’s EPS Could Rise Sharply in 2019
Costco (COST) has managed to increase its earnings at a rapid pace in the past several quarters.
What Drove Costco’s Double-Digit Earnings Growth in 2Q18?
Costco (COST) reported lower-than-expected fiscal 2Q18 earnings (period ended February 18, 2018) results on March 7, 2018.
Why Target Stock Fell after 4Q17 Results
Target (TGT) reported mixed fiscal 4Q17 results on Tuesday, March 6, 2018.
What to Expect from Walmart’s Fiscal 4Q18 Earnings
Analysts expect Walmart to report adjusted EPS of $1.37, a 5.4% rise YoY. It has improved its earnings in the first three quarters of the current fiscal year.
Unfazed by the Competition, Costco Sustained Momentum in October
Costco has impressed with its sales performances in the past several months despite increased competition from online players and deep discounters.
Amazon Offers Package Delivery Service to the Trunk of Your Car
In the past, Amazon has faced criticism over late delivery that relied on package delivery companies such as United Parcel Service (UPS) and FedEx (FDX).
Target: Analysts’ Earnings Projections
Target’s management expects its EPS to stabilize in fiscal 2018. Management expects solid growth during the second half of the fiscal year.
How Costco’ Margins Fared in Fiscal 1Q18
Margins remained pressured Similar to peers, Costco Wholesale (COST) saw its margins pressured in fiscal 1Q18. Increased investments in growth initiatives and lower pricing to fend off competition from Amazon (AMZN) in the grocery space are taking a toll on the profitability of mass US (SPY) merchandisers. Whereas rising digital sales and fulfillment costs have […]
How will this week’s consumption indicators impact debt securities?
This week, markets will be looking at any clues revealing hints for the outcome of the Fed’s next Federal Open Market Committee Meeting (or FOMC) slated for March 18–19.
Factors Impacting Target’s Earnings in Fiscal 2017
Following its strong fiscal 1H17 results, Target’s management lifted its fiscal 2017 adjusted outlook during the fiscal 2Q17 conference call.
Why Retailers Are Increasing Their Ad Spending on YouTube
Walmart, Target, Amazon, and Lowe’s were the four retailers in the United States that spent the most on YouTube video ads last year.
How Are Google’s Local Inventory Ads Helping Retailers?
Seeing the success of local inventory ads, Google has expanded them to all major economies outside the United States, including the United Kingdom (EWU), France, Germany, Japan, and Australia.
Why Target Is Betting on Small-Format Stores
Target (TGT) is expanding its small-format store base and expects to open 28 new small-format stores this year.
Amazon Expands Whole Foods’ Grocery Delivery
Retail e-commerce giant Amazon (AMZN) has expanded its online grocery delivery service from its Whole Foods stores to more cities across the United States.
Why Analysts Are Downgrading Costco Stock
Thanks to Costco’s strong fundamentals, its stock has risen 24.7% so far this year. But has the company’s stellar run made it uninvestable?
Why Amazon’s 2Q16 Top Line Remained Strong
Amazon’s top line increased by 31.1% YoY to $30.4 billion in 2Q16 on account of healthy e-commerce sales driven by Amazon Prime membership growth.
Why Walmart’s US Sales Could Continue to Grow in Q4
Walmart’s (WMT) US sales have continued to grow at a healthy rate despite the segment facing tough competition.
What Analysts Expect of Walmart’s Top Line in Fiscal 1Q18
Analysts expect Walmart (WMT) to report sales of $117.8 billion in fiscal 1Q18, representing an improvement of 1.7% compared to fiscal 1Q17.
Analysts Expect Costco to Sustain Sales Growth Momentum in 2019
Costco (COST) impressed investors with its sales growth rate in fiscal 2018.
Why Target’s Fiscal Q2 Sales Could See Healthy Growth
Target (TGT) is likely to impress investors with its sales performance in the fiscal second quarter.
Sluggish Wholesale Trade Sales in US Keep Inventory Build-Up Low
According to the US Census Bureau, wholesale inventories stood at $585.9 billion at the end of October.
Amazon Expands Its Book Business with Brick-and-Mortar Stores
Amazon (AMZN) recently opened several bookstores in strategic locations in the US, including New York City.
Morgan Stanley Rated Carter’s as ‘Overweight’
On January 25, 2017, Morgan Stanley initiated the coverage of Carter’s with “overweight” rating. It set the stock’s price target at $103.0 per share.
Walmex – Walmart’s Recent Initiatives In Mexico
Walmex also looking at higher sales through the e-commerce channel. It launched e-commerce in Mexico in 2013. The growth has been moderate.
Can Walmart Beat Wall Street Expectations in 3Q16?
Walmart (WMT) is scheduled to release its earnings report for 3Q16 on November 17, 2015. Analysts project Walmart’s adjusted EPS to come in at $0.98 in 3Q16, a decline of 14.9% year-over-year.
Inside Walmart’s Valuation and Growth Outlook
As of August 10, 2107, Wal-Mart Stores (WMT) stock was trading at a 12-month forward PE (price-to-earnings) of 18.2x.
Why Walmart and Target Saw Same-Store Sales Growth in 3Q16
Same-store sales growth came in at 1.5% in 3Q16 for Walmart US compared to 0.4% in 3Q15. Target’s (TGT) same-store sales grew 1.9% in 3Q16, driven by both higher traffic and transaction size.
Target Could Sustain Its Growth Momentum in Q3 2018
Target is scheduled to announce its third-quarter results on November 20. Analysts expect Target to maintain its growth momentum.
Why Online Sales Are A Competitive Advantage For Staples
The growth in ODP and OMX’s combined sales fell—compared to Staples. They were ~143% of SPLS’s sales in 2007. This is just over $8 billion. That fell to $7.3 billion in 2013.
Amazon Is Increasing the Product Selection for Its Prime Program
Amazon credits the Prime program’s popularity for the growth in its operating profits in 1Q15—Amazon’s best results in the US for the last few quarters.
How eBay Views Its Opportunities in Israel
eBay (EBAY) is optimistic about the growth opportunities that Israel presents, but it has been frustrated by the country’s tax system.
Target and Walmart at Opposite Ends of Earnings Guidance
In its 2Q16 earnings release, Walmart revised its projections for fiscal 2016. It’s now expecting diluted EPS of $4.40–$4.70, down from its earlier guidance of $4.70–$5.05.
Costco on the Street: Analyst Recommendations
Of the 32 analysts covering Costco (COST), 69.0% have rated the stock as a “buy” as of April 5. The stock has been rated as a “hold” by 31% of these analysts.
Which Consumer Sector Stocks Lost the Most Last Week?
The Washington-based Costco Wholesale Corporation (COST) announced its fiscal 2Q18 results on March 7 after the market closed.
Best Buy’s Merchandising Efforts Drive Same-Store Sales in 1Q16
Best Buy’s same-store sales in the first quarter of fiscal 2016, which ended May 2, 2015, grew by 0.6%, beating analysts’ expectations of a decline of 0.4%.
Shopify Withdraws 2020 Guidance, Stock Falls
Shopify (NASDAQ:SHOP) stock fell 7.74% on April 1 after the company suspended its guidance due to the deadly coronavirus outbreak.
Walmart’s Stock Rises 20% Year-to-Date: Can It Rise More?
The stock price of retail giant Walmart (WMT) has risen by 20.1% on a YTD (year-to-date) basis to $73.84, as of July 18. Walmart’s stock has outperformed the S&P 500 Index, which has risen 7.7% on a YTD basis.
Is the US Economy Ready for Another Rate Hike?
With the US economy gearing itself up for the another rate hike, investors are investing in short-term Treasury securities whose price will fall less in value when interest rates rise.
Inside Target’s Growth Initiatives
Target is planning to invest $2 billion in the current fiscal year and about $7 billion over the next three years.
Intel Stock: Why Are Analysts Bullish amid the Sell-Off?
Lately, Intel has been facing numerous challenges. However, the stock could still be an excellent near-term buy amid the growing demand for high-end CPUs.
Here’s Why Walmart Stock Is Trading at Record Levels
Walmart (WMT) is trading at record highs thanks to its healthy sales growth and its ability to maintain market share despite heightened competition in the grocery space.
Bullseye Results? Target’s Fiscal 4Q16 and 2016 Earnings
Target declared its fiscal 4Q16 and 2016 results on February 24, overshooting the market consensus for the ninth straight quarter. Its fiscal 4Q16 revenues came in at $21.63 billion.
Nordstrom Completes Sale of Credit Card Portfolio to TD Bank
On October 1, Nordstrom (JWN) announced the completion of the sale of its credit card portfolio to Toronto-Dominion Bank (TD), also known as TD Bank.
eBay management strategies for 2015
After the separation of eBay and PayPal, eBay management plans to pursue an IPO (initial public offering) or sale of eBay Enterprise.
Can Target Save Toys R Us from the Retail Graveyard?
Target has just announced a partnership with Toys R Us parent company Tru Kids Brands to manage online sales and order fulfillment.
It’s Complicated: Amazon and Its Shipping Partners
Amazon (AMZN) doesn’t disclose FBA revenues or exact numbers of enrolled vendors, but the company reported a 70% increase in the number of active users of the service during the recent holiday season.
Costco’s Industry Positioning: A Porter’s 5 Force Analysis
Costco’s suppliers include companies like PepsiCo (PEP), Procter & Gamble (PG), and the Kraft Heinz Company (KHC). No single supplier accounts for over 5% of revenue.
Apple Watch Has Made Rapid Strides in the Wearables Market
At the June 2015 Worldwide Developers Conference in San Francisco, Apple released watchOS 2, its software update for Apple Watch.
Micron Stock Soars Due to Upbeat Earnings and Guidance
Micron stock has risen around 6% in the pre-market trading session today. The company recorded better-than-expected second-quarter earnings.
Walmart’s Plan to Return Value to Shareholders
The dividend and share buybacks are likely to provide some appeasement to Walmart shareholders in the face of anticipated headwinds. But what’s behind the value return plan are more troublesome.
Macy’s Could Benefit from Higher Demand for Consumer Electronics
Macy’s is likely to benefit from its partnership with Best Buy given the growing demand for consumer electronics.
Sears Holdings’ Revenue Fell, Income Rose in Fiscal 3Q15
Sears has a market cap of $2.0 billion. Its YTD price movement both rose and fell in fiscal 2015. After it released its fiscal 3Q15 report, SHLD fell by 6.9%.
Why Walmart Stock Fell More than 10% in Fiscal 4Q18
Walmart (WMT) reported mixed fiscal 4Q18 results on February 20, 2018. After its results were released, Walmart stock fell more than 10%.
Where Does Walmart’s Valuation Stand Compared to Its Peers?
As of September 19, 2016, Walmart (WMT) was trading at a 12-month forward PE multiple of 16.6x, which is slightly above its YTD average forward PE of 16.4x.
Walmart Lowers Capital Expenditure Projections
Walmart has updated its capital expenditure projections for fiscal 2016. It expects to spend $12.4 billion in fiscal 2016, in the middle of the $11.6–$12.9 billion guidance range provided earlier.
What’s Shaping Consumer Spending Trends at Walmart Stores?
The average store-only shopper spends ~$1,400 per year at Walmart, while the online-only shopper spends ~$200.
How Walmart Compares to Its Peers
On May 12, 2017, Walmart (WMT) was trading at a 12-month forward PE multiple of 17.5x.
Berkowitz’s Fund Establishes Stake in Sears Canada
To counter competitive pressures, Sears Canada sold leases worth $400 million in 2013 and reduced its workforce by 3,000 employees.
Did Analysts Change Their Views on Target after 1Q17 Results?
The majority of analysts covering Target (TGT) remain neutral on the stock.
Amazon Lures Etsy Sellers to Populate Its Handcrafted Goods Site
To help populate Handmade with handcrafted goods, the company rolled out an email campaign targeting Etsy sellers. Select Etsy sellers were invited to choose Amazon as their product marketplace.
Who Owns Target and When Was It Founded?
Will Analysts Upgrade Walmart Stock?
The majority of analysts covering Walmart (WMT) stock continue to have a neutral stance on the company’s prospects. About 50.0% of them have rated the stock a “hold.”
Target’s Same-Store Sales Continue to Improve
Target (TGT) has managed to report improved comparable-store sales (or comps) in the past three quarters, as the company’s turnaround plans have begun to yield results.
Will Target’s Growth Measures Drive Sales Higher?
Target’s top line is expected to benefit from its booming digital business, which is growing at a brisk pace and meaningfully contributing to its growth.
Costco Outperformed Target and Walmart with Comps Growth
Costco (COST) continues to generate an industry-leading comparable-store sales growth rate despite increased competition and rivals ramping up their digital platforms.
Why We’re Seeing Positive Trends For Mass Merchandisers
US mass merchandisers benefited from lower energy prices at the pump, lower inflation, a competitive pricing environment, and an improving labor market.
Can Costco Surpass Its Fiscal 4Q17 Earnings Estimate?
Analysts expect Costco (COST) to post adjusted earnings of $2.01 per share, representing a YoY (year-over-year) growth of 13.6%.
Why Amazon Could Experience a Great Holiday Season This Year
All trends indicate that this year’s holiday season will be great for not only online retailers but also traditional brick-and-mortar players.
Why Target Stock Fell More than 15% in November
Target shares fell more than 15% in November following the company’s third-quarter results, which reflected continued pressure on the margins.
Costco Shares Fell after Its Fourth-Quarter Results
On October 4, Costco reported its fourth-quarter results for the period ending on September 2. The company finished the year on a strong note.
Why Amazon’s Top Line Has Been Rising Consistently
Amazon is expected to announce its 2Q16 earnings results on July 21, 2016. It’s guiding for a revenue range of between $28.0 billion and $30.5 billion.
A Growing Tactic Among Retailers: Price-Matching Policies
Price-matching policies are gaining traction among leading retailers aiming to lure customers and gain a competitive edge during the holiday season.
Target Stock Rose Due to Upbeat Comps Outlook
On July 13, 2017, Target (TGT) shares rose ~5% after the company raised its fiscal 2Q17 comps outlook. The company’s reversal was a surprise.
Why Walmart Stock Underperformed in H1 2018
After seeing stellar growth in 2017, Walmart (WMT) stock underperformed in the first six months of 2018.
What’s behind Target’s Stellar Traffic Growth in Q1 2018?
Target (TGT) sustained its sales momentum in the fiscal first quarter. The company’s growth measures have started to hold ground.
Costco Stock Rose after Reporting Strong Sales in June
On Wednesday, Costco (NASDAQ:COST) reported its net sales for June. For the five weeks ended on July 5, the company reported net sales of $16.18 billion.
Beyond Meat Unveils Value Product through Walmart and Target
Beyond Meat (NASDAQ:BYND) stock surged 2.9% on Wednesday. The company will offer affordable burgers through major US retailers.
Apple Condemns George Floyd Killing, Highlights Its Diversity
Apple (NASDAQ:AAPL) decided to comment on the killing of George Floyd and the violent aftermath. CEO Tim Cook sent a memo to staff addressing the issue.
Costco’s Q3 Results Weren’t Impressive: Is It Still a Buy?
Costco (NASDAQ:COST) posted mixed results for the third quarter of fiscal 2020 after the markets closed on May 28. Lower traffic took a toll on the company.
Should Investors Avoid Costco Stock before Its Q3 Earnings?
Costco Wholesale (NASDAQ:COST) will likely announce its results for the third quarter of fiscal 2020 after the markets close on May 28.
Why Is Target a ‘Buy’ after Its Q1 Earnings?
Target (NYSE:TGT) reported its first-quarter results on May 20. For the quarter, the company reported revenues of $19.62 billion.
Walmart’s Q1 Earnings Soared on Pandemic-Led Demand
Retail giant Walmart (NYSE:WMT) proved its might with strong results for the first quarter of fiscal 2021 despite the COVID-19 crisis.
Costco’s Sales Fell in April, Is the Stock Still a Buy?
The COVID-19 pandemic didn’t spare Costco (NASDAQ:COST). The company’s net sales fell by 1.8% YoY to $11.39 billion for the retail month of April.
Target Provides Business Update, Should You Buy the Stock?
In the latest business update, Target disclosed that its comparable sales have risen by over 7% quarter-to-date in the first quarter of fiscal 2020.
Bed Bath & Beyond Stock Surges, Q4 Results Beat Estimates
Bed Bath & Beyond stock has risen 20.6% as of 11:06 AM ET today. The company’s fourth-quarter earnings beat Wall Street’s expectations.
Why Target Stock Fell despite BMO Capital’s Upgrade
On Wednesday, BMO Capital upgraded Target (NYSE:TGT) from a “market perform” to “outperform” rating. The firm also raised its 12-month target price.
Citi Gives Walmart a ‘Buy’ Rating, Sees 15% Upside
Walmart (NYSE:WMT) earned a “buy” recommendation from Citi on April 8. Walmart is well-positioned due to the spike in demand for consumables.
Costco Stock Looks Attractive amid COVID-19 Pandemic
Costco (NASDAQ:COST), like Walmart (NYSE:WMT) and Target (NYSE:TGT), is one of the companies that’s benefiting amid the coronavirus pandemic.
Kroger Stock Surges, Strong Sales Update amid Pandemic
Kroger stock has risen 2.7% as of 1:00 PM ET today. The stock rose even though the broader market collapsed due to increased coronavirus cases.
Domino’s Pizza Withdraws Its Guidance, Stock Falls
Domino’s Pizza (NYSE:DPZ) stock fell in the pre-market session on March 31. The restaurant chain pulled its guidance due to the coronavirus outbreak.
Coronavirus Will Likely Hit Apple’s iPhone Orders in Q2
Lately, Apple stock has been hit hard. The coronavirus outbreak disrupted the global supply chain and dented the demand and supply of the company’s iPhones.
Gap Stock Falls, Withdraws Guidance and Halts Dividends
Gap stock has fallen during the trading session today. The company announced that it will withdraw its guidance, halt its dividend, and cut expenses.
Target Withdraws Guidance, Scales Back Growth Plans
On Wednesday, Target withdrew its guidance for the first quarter of fiscal 2020 and fiscal 2020 due to uncertainty arising from the coronavirus outbreak.