| W: Wayfair - Narrative Changing . . . But Staying Disciplined Given YTD Move, Post 4Q Takes; Raising PT to $140
|
W |
Grom, Chuck |
2019-02-22 |
| SFM: Sprouts Farmers Markets - Market More Forgiving Than We Would Be . . . Lowering Estimates & Price Target to $23 Post Guide Down
|
SFM |
Grom, Chuck |
2019-02-21 |
| FND: Floor & Decor Holdings - Relief Rally as Gross Profit Margin Concerns Alleviated . . . Post 4Q Takes; Stay Hold-Rated . . . But Tweaking PT to $35
|
FND |
Grom, Chuck |
2019-02-21 |
| KSS: Kohl's - Reading The 4Q Print + FY19 Set-Up = Good Story with a Good Set-Up . . . Once We Get Past M/JCP/JWN Prints Next Week
|
KSS |
Grom, Chuck |
2019-02-20 |
| JCP: J.C. Penney - Reading The 4Q18 Print + FY19 Setup = Inflection in Narrative as Focus Tilts to GPM/EBITDA > SSS in ’19; Raising PT to $1.50
|
JCP |
Grom, Chuck |
2019-02-20 |
| JWN: Nordstrom - Reading the 4Q Print + FY19 Outlook = Expect ’19 Guide to Fall Below the Street + 2022 LT Guidance in Question, Stay Hold-Rated
|
JWN |
Grom, Chuck |
2019-02-20 |
| M: Macy's - Reading the 4Q Print + FY19 Set-Up = Conservative Guide + Cost Savings Announcement Likely . . . But Not Enough to Re-Engage
|
M |
Grom, Chuck |
2019-02-20 |
| WMT: Walmart - 4Q Yields Some Answers + Some Questions Too = Staying Sidelined as Margin Outlook Remains Opaque; Management Call Back Notes
|
WMT |
Grom, Chuck |
2019-02-19 |
| LOW: Lowe's - Reading The 4Q Print + FY19 Set-Up = Expecting Few Surprises vs. AD Guidance . . . Staying Hold-Rated, Prefer HD
Housing Backdrop
|
LOW |
Grom, Chuck |
2019-02-18 |
| HD: Home Depot - Reading The 4Q18 Print + FY19 Setup = Staying Buy-Rated and Boosting Price Target to $215. HD Maintains “Coffee Can” Status
|
HD |
Grom, Chuck |
2019-02-18 |
| December ’18 Retail Sales Recap - Big Slowdown in Important Month = +1.4% YOY vs. 5.0% 12-Month MA – Furniture, Grocery, Dept Stores, & Digital Show Big Pullbacks
|
|
Grom, Chuck |
2019-02-14 |
| WMT: Walmart - Reading The 4Q Print + FY19 Set-Up = Expecting Solid 4Q Results + Clarity on Flipkart Situation, Staying Hold-Rated on Valuation
|
WMT |
Grom, Chuck |
2019-02-12 |
| W: Wayfair - Reading The 4Q Print + FY19 Setup = Card Data Suggests 4Q DR Growth @ 34%-37% Guide; Street EBITDA for ‘19/’20 Still Too High
|
W |
Grom, Chuck |
2019-02-12 |
| BJ: BJ's Wholesale Club, Inc. - Shelf Filing Gives Shareholders Flexibility in Case of a Government Shutdown
|
BJ |
Grom, Chuck |
2019-02-11 |
| SFM: Sprouts Farmers Markets - Reading The 4Q Print + FY19 Set-Up = Staying Hold-Rated, Raising Price Target to $25 as We Roll to 2020
|
SFM |
Grom, Chuck |
2019-02-11 |
| FND: Floor & Decor Holdings - Reading The 4Q Print + FY19 Set-Up = Downgrading to Hold Post YTD Lift in Stock . . . Coupled with Micro/Macro Uncertainties
|
FND |
Grom, Chuck |
2019-02-11 |
| January 2019 Macro Survey - Consumers Enter 2019 With More Optimism vs. December, Setting the Stage for Potentially Strong 1Q Sales
|
|
Grom, Chuck |
2019-02-07 |
| JCP: J.C. Penney - Decision to Exit Appliances & Furniture – Astute Move by New CEO Jill Soltau; Management Call Back Notes + Math on ’18 Margins
|
JCP |
Grom, Chuck |
2019-02-07 |
| COST: Costco Wholesale - January Core SSS +7.4% > 6.0% Forecast; Stacks Accelerate Sequentially, Management Call Back Notes
|
COST |
Grom, Chuck |
2019-02-06 |
| COST: Costco Wholesale - January SSS Pre-Game = Modeling 6.0% Core SSS; Chinese New Year Helps . . . While Polar Vortex Hurts
|
COST |
Grom, Chuck |
2019-02-05 |