Discount Variety Stores

(TGT) Target Cautions Lower First Quarter Earnings

The unexpected cold weather resulting in soft sales of spring merchandises compelled Target Corporation (TGT) to take a cautious stance on its sales and earnings projection for the first quarter of fiscal 2013. This operator of general...

2May2013 | | Comments Off | Continued

(WMT) Earnings Enter the Final Stretch – Earnings Preview

We still have plenty of Q4 earnings reports to come, but the bulk of the earnings season is now behind us, with results from 395 S&P 500 companies already out, as of Friday, February 15. Please note that while these 395 companies account for 86.4% of the index’s total market capitalization and...

19Feb2013 | | Comments Off | Continued

(WMT) Earnings Enter the Final Stretch – Earnings Preview

We still have plenty of Q4 earnings reports to come, but the bulk of the earnings season is now behind us, with results from 395 S&P 500 companies already out, as of Friday, February 15. Please note that while these 395 companies account for 86.4% of the index’s total market capitalization and...

15Feb2013 | | Comments Off | Continued

(TGT) Target’s Strategic Initiative

Target Corporation (TGT) as part of its P-fresh remodel program, which facilitates the company to sustain sales momentum and continue to drive traffic through fresh offerings and enhanced customer shopping experience plans to introduce...

5Feb2013 | | Comments Off | Continued

(WMT) Walmart Stores Joins Health Care Program

Retail giant Wal-Mart Stores Inc. (WMT) has announced its decision to join the Arkansas Payment Improvement Initiative (APII) program through which the company expects to provide health care at much reduced costs. Unlike fee-for-service...

16Jan2013 | | Comments Off | Continued

(WMT) Wal-Mart to Expand Digital Service

Retail giant Wal-Mart Stores Inc. (WMT) has announced its decision to expand its Disc-to-Digital service, an in-store service to allow consumers to access the digital versions of DVDs and Blu-ray discs containing their favorite movies....

8Jan2013 | | Comments Off | Continued

(COST) Costco Wholesale Posts Robust Comparable-Store Results

The holiday season ended on an upbeat note for Costco Wholesale Corporation (COST), as the leading U.S. warehouse club operators posted robust December comparable-store sales data that betters analysts’ expectations. Sales for the...

7Jan2013 | | Comments Off | Continued

(COST) Costco Wholesale Corporation Shares Held at Neutral by Analyst

Costco Wholesale Corporation (COST) continues to be a dominant retail wholesaler based on the breadth and quality of merchandises it offers. The company’s strategy to sell products at heavily discounted prices has helped it maintain...

2Jan2013 | | Comments Off | Continued

(WMT) Walmart Stores Get New Fuel Stations

Retail giant Wal-Mart Stores Inc. (WMT) recently inked an agreement with Murphy USA, a wholly owned subsidiary of Murphy Oil Corporation (MUR), wherein Murphy USA will...

1Jan2013 | | Comments Off | Continued

(FDO) Family Dollar Stores – Bull of the Day

We upgrade our recommendation on Family Dollar Stores (FDO) to Outperform on the back of strategic initiatives undertaken to improve merchandising and store operations that have inspired top- and bottom-line growth. The company’s point-of-sale...

21Dec2012 | | Comments Off | Continued

(COST) Rush for Dividend or Miss the Bus

The impact of the “Fiscal Cliff” or $600 billion in spending cuts and increase in tax rate on dividend income and capital gains will take its effect from the beginning of 2013 if concrete measures are not taken to avert it. However, Republicans and Democrats still continue to wrangle about ways...

10Dec2012 | | Comments Off | Continued

(COST) Costco Wholesale Corporation Comparable-Store Sales Rise

Costco Wholesale Corporation (COST), one of the leading U.S. warehouse club operators, recently posted sales data for the four-week period ended November 25, 2012 that betters analysts’ expectations....

29Nov2012 | | Comments Off | Continued

(TGT) Retailers Gearing Up for Holidays – Analyst Blog

Retailers have pulled up their socks and are coming up with numerous strategic measures as they take the final lap before the onset of the key holiday season. From lucrative discounts to flexibility of shopping through smartphones and tablets to free shipping and 24-hour shopping, they are leaving...

24Oct2012 | | Comments Off | Continued

(COST) Costco Wholesale Corporation Beats on Higher Sales

Costco Wholesale Corporation (COST) came out with better-than-expected fourth-quarter 2012 results today. The quarterly earnings of $1.39 per share beat the Zacks Consensus Estimate of $1.30, and surged 28.7% from $1.08 earned in...

23Oct2012 | | Comments Off | Continued

(COST) Costco Wholesale Corporation Earnings Scorecard

Costco Wholesale Corporation (COST), a leading U.S. warehouse club operator, posted its fourth-quarter 2012 results on October 11. Here we will discuss the company’s scorecard based on the recent earnings announcement, subsequent...

17Oct2012 | | Comments Off | Continued

(WMT) Stock Market News for October 16, 2012 – Market News

Strong September retail sales data coupled with better-than-expected quarterly results by Citigroup drove the benchmarks into the positive territory yesterday. The positive tone helped benchmarks to rebound from its previous week’s losses and guided Dow to register its biggest gain in one month....

16Oct2012 | | Comments Off | Continued

(BIG) Big Lots Incorporated – Bear of the Day

Big Lots, Inc. (BIG) second-quarter 2012 earnings of $0.36 per share missed the Zacks Consensus Estimate of $0.41 and plunged 28% from $0.50 earned in the year-ago quarter. Though total revenue did increase 4.4% to $1,218 million,...

8Oct2012 | | Comments Off | Continued

(WMT) Walmart Powers Search Engine

Walmart Stores (WMT) edged a step closer to its customer’s hearts as it announced a new search engine for the company website. The online users can browse, select and buy items more easily and faster from Walmart.com. The...

31Aug2012 | | Comments Off | Continued

(FRED) Fred’s Reports Mixed Quarter Earnings

Fred’s Inc. (FRED) second quarter 2012 adjusted earnings of 13 cents per share missed the Zacks Consensus Estimate of 18 cents per share by 5 cents. Earnings exclude the favorable impact from certain tax adjustments, store closings...

28Aug2012 | | Comments Off | Continued

(TGT) Target’s Sales Trend So Far

Amidst the sluggish economic environment, cautious consumer spending and intense competition, Target Corporation (TGT), the operator of general merchandise and food discount stores in the United States, has maintained positive sales...

27Aug2012 | | Comments Off | Continued

(WMT) Jobless Claims Stay Range-Bound

We’re again chock-full of data this morning: Initial Jobless Claims are up, Housing Starts are down, Building Permits are up quite a bit, and earnings reports are mixed. Initial Jobless Claims remain range-bound in the 360-370K area, up 200K this week to 366K from an upwardly revised...

22Aug2012 | | Comments Off | Continued

(WMT) Jobless Claims Stay Range-Bound

We’re again chock-full of data this morning: Initial Jobless Claims are up, Housing Starts are down, Building Permits are up quite a bit, and earnings reports are mixed. Initial Jobless Claims remain range-bound in the 360-370K area, up 200K this week to 366K from an upwardly revised...

20Aug2012 | | Comments Off | Continued

(WMT) Walmart Stores Beats The Street – Exceeds Guidance

Wal-Mart Stores Inc. (WMT) has delivered robust first quarter 2013 earnings of $1.09 per share, which surpassed the Zacks Consensus Estimate by 5 cents and the prior-year earnings by 11 cents per share. The first quarter 2013 results...

26Jun2012 | | Comments Off | Continued

(WMT) Walmart Analyst Keeps Neutral Rating on Shares

We maintained our Neutral rating on Wal-Mart Stores, Inc. (WMT) following appraisal of first quarter 2013 results. Walmart posted robust first quarter 2013 earnings of $1.09 per share, which outperformed the Zacks Consensus...

20Jun2012 | | Comments Off | Continued

(DG) Market and Economic Data Take a Breather – Earnings Preview

Earnings Preview – Week of June 4th There is not much on the docket with respect to earnings and economic reports this week. The next earnings season will not get fully underway till the second half of July, though we still...

4Jun2012 | | Comments Off | Continued

(DLTR) Company News for May 18, 2012 – Corporate Summary

•    Wal-Mart Stores, Inc. (NYSE:WMT) posted first quarter earnings per share of $1.09, surpassing the Zacks Consensus Estimate of $1.04 •    Sears Holdings Corporation (NASDAQ:SHLD)...

18May2012 | | Comments Off | Continued

(COST) Retail Industry Stock Outlook – April 2012 – Industry Outlook

Right-sizing inventories and enhancing efficiencies through greater use of technology were the key agenda items on retailers’ to-do lists most of last year. Progress on those fronts has paved the way for the retailers to enter fiscal 2012 with a more optimistic outlook. So far this year,...

16Apr2012 | | Comments Off | Continued

(COST) Retail Industry Stock Outlook – April 2012 – Industry Outlook

Right-sizing inventories and enhancing efficiencies through greater use of technology were the key agenda items on retailers’ to-do lists most of last year. Progress on those fronts has paved the way for the retailers to enter fiscal 2012 with a more optimistic outlook. So far this year,...

12Apr2012 | | Comments Off | Continued

(WMT) Walmart Helps People Eat Healthy

As a part of the initiative to build a healthy America, retail-major Walmart Stores (WMT) has decided to label the foods that meet its health standards. So Americans have an easier way of finding the healthy foods, as Walmart will...

13Feb2012 | | 0 comments | Continued

(COST) Costco Wholesale Sustains Sales Momentum

Costco Wholesale Corporation (COST), one of the leading U.S. warehouse club operators, recently posted healthy sales data for the four-week period ended November 27, 2011. The company has been able to maintain its sales momentum....

21Dec2011 | | 0 comments | Continued