Grocery Stores
(KR) The Kroger Company – Bull of the Day
We upgraded our recommendation on The Kroger Company (KR) to Outperform following the company’s fourth-quarter 2011 results. The quarterly earnings of $0.50 per share beat the Zacks Consensus Estimate...
(KR) The Kroger Company – Bull of the Day
We upgraded our recommendation on The Kroger Company (KR) to Outperform following the company’s fourth-quarter 2011 results. The quarterly earnings of $0.50 per share beat the Zacks Consensus Estimate...
(KR) Kroger Beats Expectations – Lifts Outlook
The Kroger Company (KR), one of the largest grocery retailers, recently posted better-than-expected third-quarter 2011 results, thereby prompting management to raise its fiscal 2011 earnings guidance.
The...
(KR) The Kroger Company 2011 Third Quarter Earnings Preview
The Kroger Company (KR), one of the largest grocery retailers, is slated to report third-quarter 2011 financial results before the bell on Thursday, December 1, 2011. The current Zacks Consensus Estimate for...
(WFMI) Whole Foods Market – Bull of the Day
Whole Foods Market’s (WFMI) fourth-quarter 2011 earnings of $0.42 per share beat the Zacks Consensus Estimate by a penny, and rose 27.3% from the prior-year quarter on strong sales. The company is revamping...
(KR) California Survives Strike After United Food and Commercial Workers Union Settles
Southern California, which is one of the most competitive food retailing markets in the United States, recently witnessed a withdrawal of a 141 workers’ strike after the United Food and Commercial Workers union arbitrated in settling a long-standing dispute between the workers...
(KR) U.S. Initial Jobless Claims Fall Slightly
Initial Claims for Unemployment Insurance fell by 1,000 last week to 428,000. This was worse than the expected level of 420,000. Last week’s numbers were unrevised. The trend in initial claims had downward, although there were some bumps along the way. Recently they seem...
(KR) Kroger First Quarter 2011Earnings Scorecard
Specialty retailer The Kroger Co. (KR) announced its financial results for the first quarter of fiscal 2011.
Street analysts had almost a week to ponder on the news. In the paragraphs that follow, we...
(WFMI) Whole Foods Market 2011 Second Quarter Earnings Preview
Whole Foods Market Inc. (WFMI), one of the leading natural and organic foods supermarkets, is scheduled to report its second-quarter 2011 financial results on May 4, 2011. The current Zacks Consensus Estimate...
(KR) Consumer Price Index – Core Inflation Running 2.7% Annualized
The Consumer Price Index (CPI) rose by 0.5% in March, matching its rise in February, and after 0.4% increases in both January and December. While that sounds bad, year over year it is up just 2.7%.
Beneath the Headline Numbers
Looking...
(WFMI) Whole Foods Market Incorporated – Bull of the Day
Whole Foods Market, Inc. (WFMI), with a strong brand image, offers investors one of the strongest growth profiles in the industry, and the stock is poised to surge as the demand for natural and organic products...
(KR) Core Consumer Price Index Inflation Still Tame
The Consumer Price Index (CPI) rose by 0.5% in February, up from a 0.4% increase in both January and December. While that sounds bad, year over year it is up just 2.1%. Looking a little bit deeper, the problem is mostly with energy, and to a lesser extent,...
(KR) Kroger Analyst Has Neutral Rating on Shares
A dominant position among the nation’s largest grocery retailers enables The Kroger Company (KR) to sustain growth in top line, expand its store base, and boost its market share. The company’s strong corporate...
(WFMI) Whole Foods Market – Bull of the Day
Whole Foods Market (WFMI) with a strong brand image offers investors one of the strongest growth profiles in the industry, and the stock is poised to surge as the demand for natural and organic products improves....
(WFMI) Whole Foods Market – Earnings Beat Estimates by 13%
Whole Foods Market, Inc. (WFMI) recently spiked to a new multi-year high after reporting strong Q4 results that included a 13% earnings surprise. With an average earnings surprise of 14% over the last four quarters and bullish...
(KR) Consumer Price Index Increases but Still Tame
The Consumer Price Index (CPI) rose by 0.4% in January, The same pace as in December (after December was revised down to 0.4% from 0.5%). The CPI increased by just 0.1% in November, so the past two months are a bit of an acceleration. While that sounds bad,...
(WFMI) Whole Foods Market Analyst Rates Shares Outperform
Being one of the leading natural and organic foods supermarkets, Whole Foods Market Inc. (WFMI) offers investors one of the strongest growth profiles in the industry with its strong brand image and marketing...
(SVU) SUPERVALU Incorporated – Bear of the Day
SUPERVALU Inc. (SVU) reported lower-than-expected earnings of $0.24 per share in the third quarter of fiscal 2010. Earnings declined 52.9% year-over-year and were 22.6% lower than the Zacks Consensus Estimate...
(WFMI) Whole Foods – New Store Openings, Acquisitions and Comparable-Store Sales Growth
Being one of the leading natural and organic foods supermarkets, Whole Foods Market Inc. (WFMI) offers investors one of the strongest growth profiles in the industry with its strong brand image, and marketing...
(KR) Consumer Price Index Report – Inflation Still Tame
The Consumer Price Index (CPI) rose by just 0.1% in November, down from 0.2% October. Even with the 0.1% increase in September, year over year it is up just 1.1%.
Energy prices, were surprisingly well behaved in the month, rising just 0.2% after having...
(KR) The Kroger Company Earnings 14% Ahead of Expectations
If there is one industry that can survive a recession, it’s grocery stores. People may cut back a bit or trade down to generic brands, but they still have to eat. The Kroger Co (KR) is one of the largest supermarket chains in the...
(KR) Initial Claims for Unemployment Insurance Rose by 26,000
Initial Claims for Unemployment Insurance rose by 26,000 last week to 436,000 (last week was also revised up by 3,000, so one could see it as a 29,000 increase). This was worse than the expected level of 422,000.
Last week’s big surprise to the downside...
(KR) The Kroger Company Third Quarter 2010 Earnings Preview
The Kroger Company (KR), one of the largest grocery retailers, is slated to report its third-quarter 2010 financial results before the bell on Thursday, December 2, 2010. The current Zacks Consensus Estimate...
(KR) U.S. Consumer Price Index Calm
The Consumer Price Index (CPI) rose by just 0.2% in October, up from 0.1% September, but down from increases of 0.3% in August and July. Year over year, it is up just 1.2%. Almost all of the increase was due to energy prices, which rose 2.6% after increases...
(KR) Consumer Price Index Report is Tame for September
The Consumer Price Index (CPI) rose by just 0.1% in September, down from increases of 0.3% in August and July. Year over year it is up just 1.1%.
Almost all of the increase was due to energy prices, which rose 0.7% after increases of 2.3% in August...
(SWY) Safeway Incorporated – Bear of the Day
Unemployment and persisting deflation were primarily responsible for the sluggish revenue growth at Safeway (SWY) for the past two quarters. The situation worsened with the company forecasting 1.2% deflation...
(KR) The Kroger Company Announces Dividend Increase
After a hiatus of a day since its earnings release on September 14, 2010, The Kroger Company (KR), one of the largest grocery retailers in the U.S., hit the market with the news of dividend increase, reflecting...
(SWY) Safeway Incorporated – Bear of the Day
Unemployment and persisting deflation were primarily responsible for the sluggish revenue growth at Safeway (SWY) for the past two quarters. The situation worsened with the company forecasting 1.2% deflation...
(KR) U.S. Auguest Retail Sales Report Better than Expected
Retail Sales were better than expected in August. Total retail sales rose 0.4%, a tick better than the 0.3% consensus expectation, and are up 3.6% from a year ago. However, July was revised down from 0.4% growth to 0.3% growth, which makes the overall level...
(WFMI) Whole Foods Market Tops Expectations – Pares Forecast
Whole Foods Market Inc. (WFMI), one of the leading natural and organic foods supermarkets, recently posted better-than-expected third-quarter 2010 results on the back of strong sales as shoppers flocked to...