Wage Gains for Retail Trade Outpace Private Sector Payroll Gains
The pace of wage gains for the retail sector has been slower than growth rates experienced in pre-recession times.
Nordstrom’s operating margins feel the squeeze from expansion
In fiscal 2014, Nordstrom’s operating margins declined by another 9.8% on the heels of a 10.8% decline in fiscal 2013.
Burlington Stores Stock Has Risen 89%: Analysts See More Upside
Burlington Stores (BURL) stock has risen by 88.5% to $81.46 YTD. It rose 3.1% on August 25, 2016, the day the company announced its fiscal 2Q16 results.
Why Burlington Stores’ Returns Have Exceeded Peers’
As of May 27, Burlington Stores (BURL) has delivered a total shareholder return of 42.2% year-to-date.
Why TJX Companies Might Post Tepid Earnings Growth in 2Q16
TJX Companies (TJX) will announce its results for the second quarter of fiscal 2016 on August 18. The second quarter ended on August 1, 2015.
Why TJX Companies Commands a Higher Valuation than Its Peers Do
As of August 24, TJX Companies stock was trading at $69.43, a rise of 2.2% since the start of 2015. The company’s stock price rose 7.2% on August 18, the day it announced its 2Q16 results.
What Do Analysts Expect from Ross Stores’ Fiscal 1Q16 Earnings?
Off-price retailer Ross Stores (ROST) is scheduled to announce its results for fiscal 1Q16 on May 19. In fiscal 4Q15, Ross Stores’ adjusted EPS increased by 10% to $0.66.
TJX Companies’ Stock Reaction and Dividend Announcement after 4Q16 Results
Strong results for the fourth quarter of fiscal 2016 boosted TJX Companies’ stock by 2.1% to $74.24 on February 24, the day it released its 4Q16 earnings.
What Drove Burlington Stores’ Higher Margins in 1Q16?
Burlington Stores (BURL) reported strong results in 1Q16, which ended on April 30, 2016, backed by the strength of its off-price business model.
Analyzing Consumer Sector Earnings This Week
Monster Beverage (MNST) is scheduled to announce its 4Q17 earnings results on February 28. The company’s revenue is expected to rise 11.8% YoY.
Why TJX Companies Stock Is up Over 3%
The stock price of leading off-price retailer TJX Companies (TJX) was up 1.8% as of 10:53 AM EST today. The company announced its results for the first quarter of fiscal 2019.
What Went Wrong with Macy’s 1Q15 Operating Margins?
Macy’s (M) operating margins declined to 6.6% in 1Q15—ending May 2, 2015—from 7.1% in the same quarter last year. The operating income declined by 7.7%.
Can Macy’s Initiatives Boost 2Q15 Same-Store Sales Growth?
Macy’s is expanding its beauty business through the opening of Bluemercury shops within its stores. Macy’s acquired the luxury beauty product and spa services retailer for $210 million in March 2015.
How Burlington Stores Is Gearing Up for Further Growth
Burlington Stores (BURL) posted strong results in 1Q16, which ended on April 30, 2016.
Higher Traffic Helped TJX Deliver a Sales Beat in Fiscal 3Q16
Off-price retailer TJX Companies reported its results for fiscal 3Q16 on November 17, 2015. Its sales of $7.8 billion beat the consensus Wall Street analyst sales estimate of $7.7 billion.
Ross Stores’ Fiscal 2Q17 Sales Surpass Expectations
Sales beat estimates Off-price retailer Ross Stores (ROST) generated sales of $3.43 billion in fiscal 2Q17, which ended July 29, 2017. The company’s fiscal 2Q17 sales exceeded analysts’ estimate of $3.37 billion, marking the fifth consecutive quarter in which it has done so. Strong sales growth Ross Stores’ sales grew 7.9% YoY (year-over-year) in fiscal […]
TJX Companies’ Fiscal Q1 2019 Earnings and Updated Guidance
TJX Companies (TJX) surpassed analysts’ consensus sales estimate in fiscal Q1 2019 but lagged on earnings expectations.
Can Ross Stores Generate Strong Sales Growth in Fiscal 2018?
Ross Stores (ROST) has generated same-store sales growth for 37 consecutive quarters.
Consumer Sentiment Is down in March after 11-Year High
The Consumer Sentiment Index for March 2015 declined to 93 from 95.4 in the month of February due to slightly higher gas prices and bad weather.
Why TJX’s Margins Are Expected to Contract in Third Quarter
TJX’s (TJX) margins have been under pressure due to the impact of higher wages and a rise in input costs including freight costs.
Why Five Below Stock Is on an Uptrend in 2018
Five Below (FIVE) stock has been on an uptrend on 2018 and has gained 47.9% YTD (year-to-date) as of July 5.
Dollar General’s Fiscal 2Q17 Earnings Overview
Dollar General (DG) released its fiscal 2Q17 results on Thursday, August 31, 2017. The results relate to the three-month period ending August 4, 2017.
Do L Brands’ Fundamentals Justify Its Valuation versus Its Peers?
In the recent fiscal year, L Brands’ (LB) revenue grew at a rate of 6.32% on a YoY basis. In contrast, the CAGR has been 4.50% over the last four years.
Nordstrom Raises Its Outlook Following Strong 2Q15 Results
Nordstrom (JWN) raised its outlook for fiscal 2015, which ends January 30, 2016, backed by strong sales growth in the first half of 2015.
Which Off-Price Retailer is Delivering Better Margins?
Off-price retailers TJX Companies, Ross Stores, and Burlington Stores have low-cost operating models, in contrast to department stores.
When Will Gap Stock Bottom Out?
Gap (GPS) stock has declined by ̴~17.0% over the last three years as of February 26, 2016.
Stock Price: Ross Stores Outperforms Off-Price Retailer Peers
On a year-to-date basis, Ross Stores’ stock price has appreciated more than that of other off-price retailers.
Burlington Stores Stock Soars on Impressive First-Quarter Earnings
Burlington Stores stock was up 8.4% as of 11:15 AM EST today in reaction to better-than-expected results for the first quarter, which ended on May 5.
Why Burlington Stores’ Stock Rose on Earnings and a New Outlook
Following its strong results in 1Q16, Burlington Stores raised its full-year guidance for fiscal 2016.
Can TJX Companies Sustain Its Earnings Growth after Fiscal 2Q17?
Following the strong results in fiscal 2Q17, TJX Companies raised its earnings outlook for fiscal 2017. TJX expects its fiscal 2017 EPS to be in the $3.39–$3.43 range.
Key Drivers Behind Burlington Stores’ 2Q16 Margin Expansion
Burlington Stores’ gross margin, based on total revenue, improved by about 40 basis points to 39.9% in 2Q16 due to higher initial markup.
Macy’s Backstage: Off-Price Stores to Debut in Fall of 2015
On May 5, 2015, Macy’s (M) announced that it will enter the off-price business through four pilot stores in New York City.
Mutual Funds: A Comparative Analysis Using Jensen’s Alpha
Jensen’s alpha determines how much extra return a fund has earned above the expected return while considering the non-diversifiable risk of the market.
Which Off-Price Retailer Is Operating at the Highest Margins?
Major off-price retailers have strong margins supported by lean operating models, efficient inventory management, and strong vendor relationships.
TJX Companies’ Fiscal 1Q17 Sales Defy Retail Uncertainty
TJX Companies (TJX) delivered sales of $7.5 billion in the first quarter of fiscal 2017, which ended on April 30, 2016.
Comparing Major Off-Price Retailers’ Valuations
Despite more and more companies such as Macy’s (M) entering the off-price space, the position of pure-play off-price retailers is likely to remain strong.
An Insight into Nordstrom’s Fiscal 2016 Store Growth Plans
In fiscal 2016, Nordstrom plans to open three new full-line stores and 20 new Nordstrom Rack stores. The company also plans to relocate one full-line store and two Nordstrom Rack stores in fiscal 2016.
Kohl’s, JCPenney Slide amid Weak Holiday Sales
Kohl’s stock plunged 9.5% while JCPenney was down 11% today at 1:01 PM ET. These department store chains announced dismal holiday sales.
Macy’s Talks Growth Initiatives at Nomura Conference
At the Nomura conference, Macy’s chief financial officer, Karen M. Hoguet, said that the company believes in creating real value for its real estate.
TJX Companies: Pricing Strategy Benefits US Sales in 2Q16
In the first six months of fiscal 2016, HomeGoods accounted for 12.2% of the consolidated net sales of TJX Companies. That’s up from 11.2% in the comparable period of the previous year.
Macy’s Preliminary Q1 Results: Good and Bad
Macy’s (NYSE:M) stock rose 4.0% as of 10:00 AM ET on June 9. The company said that it has experienced better-than-expected sales at reopened stores.
What Impacted Burlington Stores’ 4Q15 Gross Margin?
Burlington Stores (BURL) reported a gross margin (including other revenue) of 41.3% in 4Q15 ended January 30, 2016, down from 42.6% in 4Q14.
TJX Companies’ Outlook: Wage and Currency Headwinds Ahead?
TJX Companies issued a cautious outlook for fiscal 2017, which ends January 28, 2017. It expects its overall same-store sales to rise by 1%–2%.
How TJX Companies Stock Reacted to Its 3Q17 Results
TJX Companies’ (TJX) stock price fell ~1.0% on November 15 despite strong results announced by the company for fiscal 3Q17.
Store Expansion: Ross Stores Spreads into New Territories
Ross Stores has continued its expansion over the years, opening 95, 88, and 82 new stores in fiscal 2014, 2013, and 2012, respectively.
Average hourly earnings tick up along with inflation to $24.78
Average hourly earnings increased 0.1% month-over-month and 2.0% year-over-year to $24.78 an hour. Average weekly hours were flat at 34.6.
What Could Threaten the Consumer Sector’s Strong Start to 2019
2018 wasn’t a good year for the US consumer sector due to escalating trade war tensions and a slowing economy.
Nordstrom’s Stock Continues Downward Trend in 2016
Nordstrom’s stock price fell by 36.4% in 2015, and the upscale department store’s stock has continued to fall in 2016.
The TJX Companies: Benefiting from International Presence?
The TJX Companies’ acquisition of Trade Secret marks the company’s presence in its eighth country and third continent.
Ross Stores or Burlington Stores: Which Looks Better in 2019?
Ross Stores and Burlington Stores stocks have risen 8.9% and 1.2%, respectively, on a year-to-date basis as of January 14.
Why TJX Companies’ Margins Declined in Fiscal 3Q16
For the full-year fiscal 2016 ending January 30, 2016, TJX Companies expects a gross margin of 28.5%, unchanged from fiscal 2015.
Why Ross Stores Isn’t Keen on E-Commerce Growth
Ross Stores, which falls in the moderate off-price space, does not seem to be keen on expanding its e-commerce business and does not have an online store.
3Q Earnings: TJX Companies Beats Estimates for 8 Quarters
TJX Companies’ adjusted EPS (earnings per share) of $0.91 in fiscal 3Q17 beat analysts’ consensus estimate of $0.87. It beat estimates for eight quarters.
TJX Companies’ HomeGoods Segment Impressed in Fiscal 3Q16
TJX Companies’ HomeGoods segment reported strong same-store sales growth of 6%. The segment’s net sales grew by 12.8% to $959.8 million in 3Q16.
Burlington Stores Enhances Women’s Apparel, Home, Beauty Assortments
Burlington Stores puts a high emphasis on certain merchandise categories like ladies apparel, home and bath, cosmetics, and fragrances.
Ross Stores Boasts Lower Debt Level Compared to Its Peers
As at the end of fiscal 2014 ended January 31, 2015, Ross Stores had a total debt level of $398.4 million, compared to $150 million in fiscal 2013.
Ross Stores Exercises Tight Expense Control to Improve Margins
In fiscal 2014, Ross Stores’ gross margin rose to 28.1% from 28.0% in the previous year. Its operating margin rose to 13.5% in fiscal 2014 from 13.1%.
Will TJX Companies’ 3Q16 Earnings Boost the Price of Its Stock?
As of November 9, 2015, TJX stock has fallen 7.4% since the announcement of its 2Q16 results on August 18. TJX stock has risen 4.6% to $71.07 per share since the start of the year.
The Dark Spot on the Shiny Labor Market Recovery
Even though the March jobs report came in lower than expected with only 126,000 job additions, the labor market recovery looks extremely robust.
How Ross Stores Made Its Mark in Off-Price Retailing
Ross Stores, a major player in the US off-price retail space, sells apparel, accessories, footwear, and home fashions at 20–60% discounts.
Employment Cost Index Up 0.7% in First Quarter
The employment cost index increased by 0.7% for the first quarter of 2015 on a seasonally adjusted basis. This was higher than economists’ consensus expectation of 0.6%.
Why TJX is Trading at a Higher Valuation than Off-Price Peers?
As of March 24, 2016, TJX Companies was trading at a 12-month forward PE ratio of 22.3x—higher than other off-price retailers in its peer group.
Can Ross Stores’ Fiscal 1Q16 Results Give Its Stock Momentum?
As of May 12, Ross Stores’ (ROST) stock price has risen by 1.3% to $55.09 on a YTD (year-to-date) basis.
Nordstrom’s Higher Valuations in 2015 Show Potential for Growth
As of May 11, Nordstrom was trading at higher valuations compared to most of its peers in the department store and off-price retail categories.
Can Ross Stores’ Bargain Deals Boost Its Fiscal 1Q16 Sales?
Ross Stores’ sales came in ahead of analysts’ expectations in all four quarters of fiscal 2015. In fiscal 4Q15, the company’s sales increased by 7.2% on a year-over-year basis.
How TJX Companies and Ross Stores Fared in Q1
On May 21, TJX Companies (NYSE:TJX) reported weaker-than-expected results for the first quarter of fiscal 2021. COVID-19 impacted the results.
Why Ross Stores Saw Margin Contraction despite Strong Sales
The gross and operating margins of Ross Stores (ROST) fell in fiscal 4Q15 ended January 30, 2016, despite the company’s strong sales performance.
Macy’s Reveals Expansion Plans for Off-Price Backstage Stores
Macy’s entered the off-price retail space in September 2015 with the launch of three of its pilot Macy’s Backstage off-price stores.
How Does TJX Companies Compare to Its Peers on Valuation?
As of May 18, TJX Companies (TJX) is trading at a 12-month forward PE (price-to-earnings) ratio of 21.0x.
International Expansion Plans for US Department Stores
Macy’s opened its first international store under its Bloomingdale’s brand in Dubai in 2010. Nordstrom opened its first Canadian store in Calgary’s Chinook Centre in September 2014.
Gauging Off-Price Retailers’ Valuations Today
As of June 26, TJX Companies, Ross Stores, and Burlington Stores were trading at 12-month forward PE ratios of 17.7x, 17.5x, and 21.7x, respectively.
Will Nordstrom’s Rack Stores Continue to Be a Key Growth Driver?
In 2Q15, Nordstrom Rack store sales increased by 12.9% to $857 million from the comparable quarter of the previous year.
An Insight into the Store Growth Plans of Off-Price Retailers
The consistent performance of off-price retailers such as TJX Companies (TJX) has been attracting more and more competitors to the off-price space.
Ross Stores’ Q1 Gross Margin Rose, but Its Operating Margin Fell
Ross Stores (ROST) expects its fiscal second-quarter operating margin to reach 13.3%–13.5%, down from 14.9% in the fiscal second quarter of 2017.
Ross Stores: Weak Outlook Emphasized over Strong Q1 Results
Off-price retailer Ross Stores (ROST) stock fell 6.8% on May 25, as investors were displeased with its lower-than-expected earnings outlook.
Here’s How Burlington Stores Is Currently Valued
Burlington Stores’ (BURL) 12-month forward PE multiple has declined 8.3% since the announcement of its fiscal Q2 2018 results.
Gap and Its Struggle with Performance
Gap (GPS) is expected to release its fiscal 3Q15 earnings on November 19, 2015. Wall Street expects Gap’s adjusted EPS to be around $0.63, a decrease of 15.2% from 3Q14.
What Drove Ross Stores’ Margin Expansion in Fiscal 2Q17
Wider gross margin Ross Stores’ (ROST) gross and operating margins expanded in fiscal 2Q17, which ended July 29, 2017. The company’s gross margin expanded ~25 basis points to 29.5% in fiscal 2Q17. The company’s gross margin expansion was driven by a wider merchandise margin, and lower occupancy costs and distribution expenses. However, a rise in […]
Will Growing Competition Impact TJX Companies’ 3Q16 Sales?
The success of off-price retailers such as TJX Companies and Ross Stores (ROST) has been attracting many players to this space. In September 2015, Macy’s opened three off-price Macy’s Backstage stores in New York.
Can TJX Companies Continue Its Sales Growth Streak in Fiscal 4Q16?
TJX Companies’ sales in 3Q16 came in at $7.8 billion, ahead of the consensus Wall Street sales estimate of $7.7 billion.
Nordstrom Trading at Higher Valuation than Department Store Peers
Nordstrom is currently trading at a higher valuation than its department store peers Macy’s (M) and Kohl’s (KSS)
What Drove The TJX Companies’ Earnings in Fiscal 2Q18
Earnings beat estimates The TJX Companies (TJX) delivered adjusted EPS (earnings per share) of $0.85 in fiscal 2Q18, which ended July 29, 2017. The company exceeded analysts’ earnings expectation of $0.84. The company’s EPS rose 1.2% YoY (year-over-year) in fiscal 2Q18. Headwinds and tailwinds The TJX Companies’ adjusted EPS growth in fiscal 2Q18 was driven […]
TJX Companies’ 1Q18 Sales Lagged Analysts’ Estimates
Off-price retailer TJX Companies (TJX) disappointed investors when it missed analysts’ sales estimates for fiscal 1Q18, which ended on April 29, 2017.
UBS Downgrades Macy’s and Kohl’s amid COVID-19 Storm
Macy’s (NYSE:M) and Kohl’s (NYSE:KSS) stocks were down 6.0% and 6.3% as of 12:45 PM ET today following a rating downgrade.
Kohl’s Hikes Dividend, Exceeds Q4 Earnings Estimates
Kohl (NYSE:KSS) stock rose 4.1% in pre-market hours trading today. However, the stock fell 2.2% as of 12:31 PM ET amid volatile market conditions.
Best Buy Defies Retail Woes with Q4 Earnings
Best Buy reported impressive fourth-quarter results due to strong holiday sales. The company’s overall revenue grew 2.7% YoY to $15.20 billion.
TJX Posts Strong Q4 Earnings, Dividend Hike
TJX Companies stock touched a new 52-week high of $64.95 on Wednesday. The company declared strong fourth-quarter results and a dividend hike.
Why These 7 US Retailers Top the Charts?
The US retail industry is transforming at a rapid rate. Let’s take a look at the top seven retailers in the US by market capitalization.
Is Walmart the Ultimate Recession-Proof Stock?
Walmart (WMT) has a long history and strong brand name recognition. But is there reason to believe WMT stock could actually withstand an economic meltdown?
Will Burlington Stores Get Stronger in 2020?
Burlington Stores (BURL) beat analysts’ earnings expectations in the first three quarters of fiscal 2019. Here’s what to expect in 2020.
TJX Companies and Ross Stores Finish the Year Strong
Off-price retailers emerged as consistent performers in the retail space. The stock of Ross Stores (ROST) and TJX Companies (TJX) surged 38.8% and 34.9%
Under Armour: The Nature Of Its Business, Product Portfolio
UA’s product, marketing, and sales teams each play an active role in the design process. This collaboration helps control brand and product consistency.
How Does Target’s Historical Sales Growth Compare to Its Peers’?
Target opened 15 new stores in fiscal 2016. Its same-store sales rose 2.1%, with customer traffic at stores up 1.3%.
Macy’s Stock Falls after Earnings on Weak Outlook
Macy’s (M) earnings for the third quarter yet again reflected the struggle that’s facing department stores in this highly competitive retail market.
Will Macy’s Q3 Earnings Add to Investors’ Worries?
Yesterday, Macy’s (M) stock fell 10.9% after department store peer Kohl’s (KSS) announced weak third-quarter results and shared a gloomy outlook.
TJX Companies’ Q3 Earnings Impress Investors
TJX Companies (TJX) reported better-than-expected earnings results for the third quarter of fiscal 2020, which ended on November 2.
Can TJX Once Again Impress with Its Q3 Earnings?
TJX Companies (TJX) is scheduled to announce its fiscal 2020 third-quarter earnings results on November 19. Its third quarter ended on November 2.
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 US Retail Sales Changed in Two Decades
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.
Why Goldman Sachs Downgraded Ross Stores Stock
Ross Stores (ROST) stock fell 2.1% as of 3:41 PM ET today as Goldman Sachs downgraded the off-price retailer to “sell” from “neutral.”