| COST: Costco Wholesale - The Beat Goes On; July Core SSS +15.8%, Laterals & Management Takes, Stay Buy-Rated
|
COST |
Grom, CFA, CPA, Chuck |
2020-08-05 |
4 |
| W: Wayfair - Walking Its Talk . . . Sales Stay Strong While EBITDA Inflects in 2Q20; Stay Buy-Rated, Raising Price Target to $330
|
W |
Grom, CFA, CPA, Chuck |
2020-08-05 |
6 |
| COST: Costco Wholesale - July SSS Pre-Game = Increasing Core SSS View To 9.0% From 6.0% As Traffic Trends Continue to Improve
|
COST |
Grom, CFA, CPA, Chuck |
2020-08-03 |
6 |
| Tracking the Consumer & COVID-19 (Week #21) - Channeling Our Inner Led Zeppelin as The Song Remains the Same... Home Is Where It’s At As Aversion Fears Stay Elevated; 8 Takes
|
|
Grom, CFA, CPA, Chuck |
2020-08-02 |
12 |
| W: Wayfair - Reading the 2Q Print = Raising 3Q/4Q DR Growth to ~45% and Bumping Price Target to $300, Staying Long As “Mo” Gains Steam
|
W |
Grom, CFA, CPA, Chuck |
2020-07-31 |
6 |
| FND: Floor & Decor Holdings - Bull Case > Bear Case for Certain . . . But Sticking with LOW, WSM, W, & TSCO in Backyard Foursome for Now; Post 2Q Takes, PT= $60
|
FND |
Grom, CFA, CPA, Chuck |
2020-07-30 |
5 |
| Fall 2020 Weather Outlook Call - Road Ahead Looks Rough For Apparel Space . . . While Home Improvement Tailwinds Will Likely Get Stronger; 5 Key Takes
|
|
Grom, CFA, CPA, Chuck |
2020-07-30 |
5 |
| SFM: Sprouts Farmers Markets - Staying Long Phoenix . . . Raising EPS/SSS Estimates & Price Target to $32; CEO & CFO Call Back Notes
|
SFM |
Grom, CFA, CPA, Chuck |
2020-07-29 |
6 |
| July 2020 Macro Survey (#39) - GHRA Sentiment Index Retreats to Near Early Covid Low’s; Initial Feedback on Walmart+ Not What Bentonville Wants to See
|
|
Grom, CFA, CPA, Chuck |
2020-07-28 |
8 |
| FND: Floor & Decor Holdings - Reading the 2Q Print: Too Big A Move To Be Chasing . . . But We Certainly Wouldn’t Be Short – Raising Estimates & PT to $60
|
FND |
Grom, CFA, CPA, Chuck |
2020-07-27 |
5 |
| BJ: BJ's Wholesale Club, Inc. - Doubling Down = Key Themes, Field Work, IR Call Highlights, Gas Margin Update, & Web Traffic Details; Increasing PT to $48
|
BJ |
Grom, CFA, CPA, Chuck |
2020-07-24 |
7 |
| TSCO: Tractor Supply Company - What One Beer Can Turn Into . . . Post 2Q Thoughts – Staying Long Brentwood, Raising Estimates, and Price Target up to $160
|
TSCO |
Grom, CFA, CPA, Chuck |
2020-07-23 |
6 |
| SFM: Sprouts Farmers Markets - Reading the 2Q Print: Bumping up SSS View For 2Q-4Q . . . Staying Long as Consumer Behavior Changes + New Store Model Embody Story
|
SFM |
Grom, CFA, CPA, Chuck |
2020-07-22 |
5 |
| TSCO: Tractor Supply Company - Reading the Print: Boosting 2Q SSS to 30%/from 25% . . . While Upping 2H20 Forecast to 5.0% Avg., Stay Accumulate-Rated w/$150 PT
|
TSCO |
Grom, CFA, CPA, Chuck |
2020-07-21 |
7 |
| The Weekend Warrior (7/10/20) - Stay Balanced in Summer Heat = Defensive (WMT, BJ, COST, DG, SFM) + Offensive (TGT, FIVE, LOW, TSCO, WSM, W)
|
|
Grom, CFA, CPA, Chuck |
2020-07-10 |
11 |
| COST: Costco Wholesale - No Summertime Doldrums in Issaquah with Core SSS Surging 14.4%; Management C/B Takeaways; + Lateral to BJ’s & Backyard Foursome
|
COST |
Grom, CFA, CPA, Chuck |
2020-07-08 |
4 |
| COST: Costco Wholesale - June SSS Pre-Game = Raising Core Comp Outlook to 7.0% As Trends Continue to Revert Back to the Mean
|
COST |
Parke, John |
2020-07-06 |
6 |
| M: Macy's - Slow SSS Recovery, TX Flare-Up, Less Promotional Backdrop = Key Takes Post 1Q Print, Management Call Back Notes
|
M |
Grom, CFA, CPA, Chuck |
2020-07-01 |
7 |
| Web Traffic Data Update (6/30) - Essentials Slow but Remain Healthy on Absolute Basis; Wayfair Strengthens (+133% in Wk. 4) Despite B&M Openings; Chewy Takes
|
|
Grom, CFA, CPA, Chuck |
2020-06-30 |
4 |
| Tracking the Consumer & COVID-19 (Week #16) - Data Shows A Degree of Moderation After Optimism Seen in Week 14; 26.4% Expect Economy to Reopen in 2021 – 10 Key Takes
|
|
Grom, CFA, CPA, Chuck |
2020-06-28 |
13 |