| Discounters + Department Stores - Lowering Estimates & Price Targets For WMT, TGT, KSS, JWN, M, & JCP . . . Waving A Yellow Flag Near-Term
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|
Grom, Chuck |
2019-05-07 |
| COST: Costco Wholesale - April SSS Pre-Game = Modeling a 4.5%+ Core Comp, Card Data + Footfall Work > February/March; Gas Margins A Touch Better
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COST |
Grom, Chuck |
2019-05-06 |
| FND: Floor & Decor Holdings - When High Expectations Meet Confusion; Not Surprised by The Reaction . . . But Buyers Once the Dust Settles; Stay Calm & Floor On
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FND |
Grom, Chuck |
2019-05-03 |
| SFM: Sprouts Farmers Markets - Fade the Strength = Low Quality Beat + SSS and GPM Both Underwhelming
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SFM |
Grom, Chuck |
2019-05-02 |
| W: Wayfair - Solid 1Q From Boston - Initial Thoughts
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W |
Grom, Chuck |
2019-05-02 |
| Home Improvement Data Science (1Q19) - Lowering LOW SSS to ~3.0%, HD Stays @ ~3.7%; Tough Qtr. + May Challenge Likely to Put Both in NT Holding Pattern; Stay HD > LOW
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|
Grom, Chuck |
2019-05-01 |
| W: Wayfair - Reading the 1Q Print: Solid 1Q + Strong Way Day in April = Sticking w/ Market Share Gainer in Furniture Vertical; Stay Accumulate
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W |
Grom, Chuck |
2019-04-30 |
| FND: Floor & Decor Holdings - Reading the 1Q Print: Raising 1Q SSS Forecast to High-End of Range; Price Target to $53 on Prospects For Cont’d Rebound in Sales
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FND |
Grom, Chuck |
2019-04-30 |
| SFM: Sprouts Farmers Markets - Reading the 1Q Print: Trimming SSS View to 2.0%, Card Data & Footfall Traffic Read Directionally Softer in 1Q/Apr; Lower PT to $19
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SFM |
Grom, Chuck |
2019-04-29 |
| TSCO: Tractor Supply Company - Look What God Gave Her: Checking Boxes in 1Q + Card Data Solid in April = Raising EPS + PT to $115, Stay Buy-Rated
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TSCO |
Grom, Chuck |
2019-04-25 |
| KSS: Kohl's - Card Data + Geo-Location Footfall Analysis Indicate Sizeable YOY Gains Post AMZN Returns
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KSS |
Grom, Chuck |
2019-04-25 |
| FIVE: Five Below - Positive Pre/Post Easter Store Checks + Card Data “Catch-Up” = Raising 1Q19 SSS to ~4.2% . . . Bumping Price Target to $155
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FIVE |
Grom, Chuck |
2019-04-24 |
| KSS: Kohl's - AMZN Returns Going Chain-Wide by July; Robust Traffic + Customer Acquisition Tool . . . Management Call Back Notes
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KSS |
Grom, Chuck |
2019-04-23 |
| 1Q19 Home Improvement Survey - Home Remodel Spending Ticks Down Modestly . . . But Big Box Retailers Show Traffic Gains; Flooring Category Remains Strong
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|
Grom, Chuck |
2019-04-23 |
| W: Wayfair - DATA WATCH = Way Day 2019 Looks to Have Been A Success in Year 2 Based on Site Visit + Checkout Data; no Signs of Pull Forward
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W |
Grom, Chuck |
2019-04-22 |
| PIR: Pier 1 Imports - Dropping Coverage Post Stock Achieving $0.50 Price Target
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PIR |
Grom, Chuck |
2019-04-18 |
| March ’19 Retail Sales Recap - Strong March = Not So Fast! Core Sales Rise 1.5% . . . Noticeably Below Trend . . . Easter Shift, Weather Likely Culprits
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|
Grom, Chuck |
2019-04-18 |
| COST: Costco Wholesale - March SSS Miss the Mark = 5.9% Core SSS vs. Our 6.8% Estimate
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COST |
Grom, Chuck |
2019-04-10 |
| Under Parke’s Watchful Eye: DLTR & DG Field Work - Round #8 of Georgia + Tennessee Checks = A Closer Look at New H2 FDO Remodel Format + DGTP Produce at Dollar General
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|
Parke, John |
2019-04-09 |
| COST: Costco Wholesale - March SSS Pre-Game = Modeling 6.8% Core SSS . . . Card Data + Footfall Point to Better Finish as Weather Normalized
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COST |
Grom, Chuck |
2019-04-08 |