Retail Research


Title Tickers Date
Team Grom's Consumer Survey - October 2017 - Part III: Data Suggests Consumer Optimism on Upswing JCP, TGT, KSS, COST, DG, DLTR, M, WMT, SFM, FIVE, LOW, W, WSM, PIR, JWN, HD, RH 2017-11-08
Hard Discounters & Middle Market Price Study - Target Walks Its Talk - Significantly Narrows Lead vs. Wal-Mart/Aldi & Lidl Remain Competitive KR, AMZN, TGT, WMT 2017-11-08
PIR: Pier 1 Imports - Notes From Meeting with CEO; Two Steps Back . . . To Take Three Steps Forward? Stay Hold-Rated PIR 2017-11-07
Team Grom's Consumer Survey - October 2017 - Part II: Online Survey = AMZN Discount Still Not A Threat + WMT BOPUS Discount Scores Well JCP, TGT, KSS, COST, DG, DLTR, M, WMT, SFM, FIVE, LOW, W, WSM, AMZN, JWN, PIR, HD, RH 2017-11-07
M: Macy's - Reading the Print, 3Q Set-Up; Lowering Estimates & PT to $20 M 2017-11-06
KSS: Kohl's - Reading the Print, 3Q Set-Up; Raising Estimates & PT to $41 KSS 2017-11-06
Weekend Warrior (11/03/2017) - Don't Forget To Set Those Clocks Back; In Focus: AMZN Fresh, FIVE, COST, SFM, HD, LOW, WSM + Upcoming EPS Calendar SFM, WSM, COST, FIVE, LOW, AMZN, HD 2017-11-03
Team Grom's Consumer Survey - October 2017 - Part I: Consumer Traffic Rebounds, Winners & Losers KSS, TGT, DDS, DG, DLTR, LULU, WMT, LOW, W, WSM, TJX, JWN, HD, GPS 2017-11-03
W: Wayfair - It Needed To Be Perfect...And It Wasn't; Post 3Q Takes W 2017-11-02
SFM: Sprouts Farmers Markets - Solid Print = Mean Reversion; Lateral Commentary Good for WMT/TGT/ COST/DG/DLTR; Raising EPS & PT to $23, Stay Accumulate-Rated TGT, COST, DG, DLTR, WMT, KR, SFM 2017-11-02
COST: Costco Wholesale - ~5.6% Core SSS in October; Traffic + U.S. Comps Better on the Stacks COST 2017-11-01
W: Wayfair - Reading The Print, 3Q Set-Up; Stay Buy-Rated with $89 Price Target W 2017-11-01
SFM: Sprouts Farmers Markets - Reading the Print, 3Q Set-Up; Good Story, but Competitive Backdrop Augments GPM Risk, Lowering '18 Estimates SFM 2017-11-01
Home Improvement - No Tricks & All Treats for HD + LOW; Raising SSS Based on Survey, Disaster Store Overlap, GH-HILI, & GH-HISM = Prefer HD > LOW LOW, HD 2017-10-31
COST: Costco Wholesale - October SSS Pre-Game = We See Core SSS Up 6.0%, Gas Profit Tracker Favorable COST 2017-10-30
JCP: J.C. Penney - Big Problems in Big D; 7 Takes From Management Update Call, Lowering EPS+ Price Target to $3 JCP 2017-10-27
KSS: Kohl's - Notes From The Road: HQ Trip Lends More Support For Bull Case KSS 2017-10-27
KSS: Kohl's - Amazon Returns + Smart Home Experience = First Look at Chicago AMZN, KSS 2017-10-25
M: Macy's - Lord & Taylor Sale-Leaseback; Herald Sq. Implied Value at $2.786 Billion (~23% of EV); QUICK TAKE M 2017-10-24
DLTR: Dollar Tree - Round V of Georgia & Tennessee Store Checks = FDO Finally Back in the Major Leagues . . . Raising 3Q Estimates & Price Target to $104, Stay Long DLTR 2017-10-23

Contact us here for help accessing content or arranging a relationship with our firm.