Big Lots’ (NYSE:BIG) 2Q results and updated FY12 guidance were far worse than expected and it is not surprising to see the shares trading down significantly after the earnings announcement. Reported 2Q12 EPS of $0.36 was below consensus estimates of $0.42 and also below the low end of guidance of $0.37-$0.42. Moreover, same store sales were w [...]
Posts in category Consumers
Dollar Stores crushing Big Lots
Big Lots’ (NYSE:BIG) 2Q results and updated FY12 guidance were far worse than expected and it is not surprising to see the shares trading down significantly after the earnings announcement. Reported 2Q12 EPS of $0.36 was below consensus estimates of $0.42 and also below the low end of guidance of $0.37-$0.42. Moreover, same store sales were w [...]
Why American Eagle is the Best Bet in...
Recently, American Eagle Outfitters Inc (NYSE: AEO) reported 2Q adjusted EPS of $0.21 which was in line with consensus and at the high end of management’s raised guidance. The most encouraging aspect was a 9% SSS growth. The management also indicated that back-to-school season is off to a good start and guided to 3Q SSS of mid-single digits a [...]
US internet Marketplace: A view on th...
According to a presentation by ComScore on August 14, the channel shift to online in the US appears to be accelerating as online sales increased by +15% YoY in Q2, while on a comparable category basis, offline sales increased only 2%. US Retail e-Commerce in 2Q12 saw an increase in every key metric, including dollars per buyer, total buyers & [...]
Urban Outfitters Post Strong Results:...
2Q beats on margins; comp momentum continues in 3Q
Urban reported 2Q EPS of $0.42, well ahead of consensus estimates on higher gross margins and a better SG&A rate. Comps (including DTC) increased 4%, led by Urban (+6%) and Free People (+12%). Anthropologie comps were flat. Sales in 2Q benefited from a solid assortment of on-trend colored [...]
Best Buy Plummets After a Second Shoc...
Embattled electronics giant Best Buy said operating income fell more than fifty percent this quarter, as same-store sales declined more than three percent from the year ago period. (more…)
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5 Reasons to buy Dollar General
Thanks to recession and a long, slow recovery, discount stores including dollar stores like Dollar General (NYSE:DG), Family Dollar (NYSE: FDO) and Dollar Tree (NYSE: DLTR) are enjoying a great run. The following chart summarizes these companies’ impressive run up since March’09.
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Dollar Tree: Don’t Fall Into The Trap...
On August 16, Dollar Tree (NASDAQ: DLTR) reported mixed Q2 results. Reported EPS of $0.51 was $0.04 ahead of the consensus estimates but a lower tax rate and interest expense added ~$0.03 of upside to the consensus estimates. However, despite the EPS beat, 2Q SSS growth of 4.5% was below the consensus estimates of 5.1%. While a 4.5% SSS gro [...]
4 More Reasons to Buy Gap
Gap Inc’s (NYSE: GPS) stock was among top retail-sector gainers Friday, trading higher on the strength of their quarterly earnings and positive full year outlook. Bright coloured-jeans and tight inventories helped Gap post higher quarterly profit. The results contrasted with those of teen apparel retailer Aeropostale Inc (NYSE: ARO) which had [...]
Buy Staples on the Recent Pullback
Recently, Staples Inc (NASDAQ: SPLS) reported below expected results and subsequently lowered its guidance. Q2 results were pressured by weakness in the International segment and within the computers and software category. The management expects an upside to the guidance, if sales trends show a meaningful improvement in the back half of the y [...]
Reasons to buy Wal-Mart
Even in the face of weakening economies in the U.S and globally, each of Wal-Mart Stores Inc’s (NYSE: WMT) segments: Wal-Mart U.S., Wal-Mart International and Sam’s, posted higher same store sales and profits. Q2 EPS of $1.18 was at the high end of the $1.13-$1.18 guidance.Overall, Wal-Mart demonstrated a combination of defensive and growth [...]
Buy Staples on the recent pullback
Recently, Staples Inc (NASDAQ: SPLS) reported below expected results and subsequently lowered its guidance. Q2 results were pressured by weakness in the International segment and within the computers and software category. The management expects an upside to the guidance, if sales trends show a meaningful improvement in the back half of the y [...]
Target: A Good Retirement Stock with ...
Shares of Target (NYSE: TGT) are up today and trading at 52-week high, after the retail giant reported 2Q results yesterday. The company has been successful in beating the consensus estimates for the fifth consecutive quarter and 2Q12 EPS of $1.06 was significantly above the consensus estimates of $1.01. The company also reported good same-st [...]