| KSS: Kohl's - Some Green Shoots . . . But Slope of SSS Recovery Still Opaque; Management Call Back Notes Post 1Q Print
|
KSS |
Grom, CFA, CPA, Chuck |
2020-05-19 |
6 |
| WMT: Walmart - Good Print from Bentonville – Laterals to BJ, DG, DLTR, OPR’s, & TGT . . . + Management Callback Notes
|
WMT |
Grom, CFA, CPA, Chuck |
2020-05-19 |
7 |
| JCP: J.C. Penney - Dropping Coverage Post Bankruptcy Filing
|
JCP |
Grom, CFA, CPA, Chuck |
2020-05-18 |
3 |
| Model Update - Model Clean Up Ahead of 1Q EPS = WMT, DLTR, & KSS
|
|
Grom, CFA, CPA, Chuck |
2020-05-18 |
7 |
| Tracking the Consumer & COVID-19 (Week #10) - Not So Fast!! Re-Opening Optimism Takes A Step Back as Consumer Aversion Augments, 9 Notable Callouts
|
|
Grom, CFA, CPA, Chuck |
2020-05-17 |
12 |
| The Weekend Warrior (5/15/20) - Sticking w/Barbell Strategy Into EPS ( Offensive (W, TJX, TGT, WSM, ROST, BURL) + Defensive (DG, BJ, SFM, COST, WMT, TSCO)
|
|
Grom, CFA, CPA, Chuck |
2020-05-15 |
9 |
| April ’20 Retail Sales Recap - Core April Sales Drop 18.4% - Similar to March, Grocery Chains, Discounters, Home Improvement, & E-Commerce Outperform
|
|
Grom, CFA, CPA, Chuck |
2020-05-15 |
4 |
| Web Traffic Data Update (5/13) - Home Improve Continues to Shine – Led By HD, LOW, & TSCO... Essential Slow but Still +; Wayfair Up ~116% YOY; KSS + JWN > M + JCP
|
|
Grom, CFA, CPA, Chuck |
2020-05-13 |
4 |
| Apple Mobility Trends/INRIX Data (5/11) - They Are Driving . . . But Are They Shopping? Traffic +15.4% in May + Up 56.1% From the Bottom in Early April
|
|
Grom, Chuck |
2020-05-12 |
7 |
| April 2020 Macro Survey (#37) - Sentiment Index Recovers to 38.1 vs. 94.0 Average + Amazon Share Gains by Category + “Things” > “Experiences”
|
|
Grom, Chuck |
2020-05-11 |
8 |
| The Weekend Warrior (5/8/20) - In Focus: Wayfair’s LT Margin Profile, Sprout’s Return to Growth, Our 3 Buckets for Top Long Ideas, & Stimulus Payout Progress
|
|
Grom, Chuck |
2020-05-08 |
10 |
| COST: Costco Wholesale - Phew! Sometimes Being Wrong Can Feel So Right . . . April = 2020 Comp Nadir . . . Time To “Stock-Up” on Issaquah
|
COST |
Grom, Chuck |
2020-05-06 |
4 |
| SFM: Sprouts Farmers Markets - Staying Constructive Despite Big Bounce Off the Bottom, Post 1Q Takes, Raising EPS Estimates and Price Target to $26
|
SFM |
Grom, Chuck |
2020-05-05 |
6 |
| W: Wayfair - Boosting P-Target to $210; Direct Revenue Momentum + New Found Margin Discipline Have Staying Power Beyond 1H20, Stay Buy-Rated
|
W |
Grom, Chuck |
2020-05-05 |
7 |
| Apple Mobility Trends/INRIX Data (5/4) - Driving Traffic Up 30% in April + Solid Start to May . . . State-By-State Comparison - Essential vs. Non-Essential Retail Concepts
|
|
Grom, Chuck |
2020-05-04 |
6 |
| Web Traffic Data Update (5/4) - Wayfair On a Roll into April Week #4. . . While Nordstrom, Tractor Supply, & Home Depot See Strong Acceleration
|
|
Grom, Chuck |
2020-05-04 |
3 |
| Tracking the Consumer & COVID-19 (Week #8) - Some Signs We’ve Peaked on the “Fear” Front, But Aversion to Most Trafficked Areas Remains High Suggesting Slow Recovery; 12 Takes
|
|
Grom, Chuck |
2020-05-03 |
13 |
| FND: Floor & Decor Holdings - Staying Sidelined as Pro Contraction + Consumer Uncertainties Likely To Linger . . . Management Call Back Notes Post 1Q Print
|
FND |
Grom, Chuck |
2020-05-01 |
6 |
| M: Macy's - You Can Quarantine Me . . . But Don't Take Away My Macy's Thanksgiving Parade; Notes from CEO & CFO Fireside Chat
|
M |
Grom, Chuck |
2020-05-01 |
5 |
| FIVE: Five Below - Lowering EPS as Store Growth Goals Reduced by ~40% in 2020 . . . Stores Begin To Open (+) & Curb-Side Feature (+); Mgmt. CB Notes
|
FIVE |
Grom, Chuck |
2020-04-29 |
5 |