| December ’19 Retail Sales Recap - Digital + Home Improve Shine . . . But Most Categories Slow on 2-Year Basis as Holiday Data Points Continue to be Soft
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Grom, Chuck |
2020-01-16 |
| TGT: Target - Shorter Season + Fulfillment Mixdown = Likely Culprits Behind Holiday Miss = Buy the Weakness (like Five Below)
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TGT |
Grom, Chuck |
2020-01-15 |
| FIVE: Five Below - 4Q Miss = “One-Off” > Structural . . . Expect Recovery To Manifest in Coming Months, Post ICR Notes, Lowering Estimates/PT to $120
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FIVE |
Grom, Chuck |
2020-01-13 |
| FIVE: Five Below - What’s Wrong in Philly? First the Eagles . . . Now FIVE? Holiday SSS Way Below Expectations - Initial Thoughts
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FIVE |
Grom, Chuck |
2020-01-13 |
| Low & Middle Market Pricing Study (#19) - DG Nears Parity w/ WMT (+) . . . FDO Narrows The Gap (+); AMZN Gets Aggressive on Price; Inflation Fairly Steady Across the Board
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Grom, Chuck |
2020-01-10 |
| JCP: J.C. Penney - Holiday Results A Touch Better, But Uneventful; McCarthy Hire Remains the Big News In The D
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JCP |
Grom, Chuck |
2020-01-09 |
| KSS: Kohl's - Not A Great Holiday for Menomonee Falls – Lowering Estimates + Price Target to $44 = Where’s the Amazon Returns Lift?
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KSS |
Grom, Chuck |
2020-01-09 |
| COST: Costco Wholesale - Santa Galanti Delivers . . . Again; December Core SSS +7.8% vs. 6.0% Estimate = COST > BJ in Club Vertical
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COST |
Grom, Chuck |
2020-01-08 |
| Shades of Grey Portfolio - January 2020 - Tread Lightly Young Jedi Masters: Downgrading = DLTR, FIVE, BJ, & TSCO, Upgrading = JWN, Top Ideas . . . DG + TGT + WMT
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Grom, Chuck |
2020-01-08 |
| M: Macy's - “I Believe . . I Believe . . It’s Silly, But I Believe” – Better Holiday on 34th Street, Raising Estimates & Price Target to $18
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M |
Grom, Chuck |
2020-01-08 |
| December 2019 Macro Survey - GHRA Sentiment Index at 114.9 = Continues to Moderate . . . But Remains Elevated Y/Y, Big Ticket (ex. Home Improvement) Ticks Up
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Grom, Chuck |
2020-01-08 |
| COST: Costco Wholesale - December SSS Pre-Game = Raising Core Comp View to 6.0% from 5.0% Post Footfall Data Work + Consumer Survey
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COST |
Grom, Chuck |
2020-01-07 |
| TSCO: Tractor Supply Company - Downgrade To Accumulate As Recent Comp Trends + 2020 Outlook Could Weigh On Near-Term Sentiment
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TSCO |
Grom, Chuck |
2020-01-06 |
| The Weekend Warrior - Happy Holidays from Team Grom . . . See You in The Next Decade
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Grom, Chuck |
2019-12-20 |
| Final 2019 Macro Survey - GHRA Sentiment Index at 124.4 = Down Slightly . . . But Remains Elevated Heading Into Key Holiday Period, Upper Income Demo ++
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Grom, Chuck |
2019-12-18 |
| November ’19 Retail Sales Recap - Sales Weak Almost Across the Board . . . Can Be Explained Away but the Deceleration in Home Improvement Bears Monitoring
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Grom, Chuck |
2019-12-13 |
| COST: Costco Wholesale - No Special (Yet) . . . but Santa Galanti Delivers = 3 Favorable Factors To Monitor As We Turn The Corner Into 2020; Post 1Q Review
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COST |
Grom, Chuck |
2019-12-12 |
| HD: Home Depot - Downgrade to Accumulate-Rated from Buy-Rated; Lowering EPS & Price Target To $230 . . . Curbing Our Enthusiasm
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HD |
Grom, Chuck |
2019-12-12 |
| HD: Home Depot - 2020 Guide Implies EPS of ~$10.20-$10.30, Initial Thoughts
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HD |
Grom, Chuck |
2019-12-11 |
| RH: RH - Model Update – Raising Estimates & Price Target to $225
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RH |
Grom, Chuck |
2019-12-09 |