| Shades of Grey Portfolio - April 2020 - Top Ideas = TJX, DG, SFM, BJ, COST, TGT, W . . . Downgrading WMT, RH, & FIVE; Tiering Group into Three Ways to Play on Long Side
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Grom, Chuck |
2020-04-29 |
16 |
| Web Traffic Data Update (4/24) - Wayfair Acceleration in April Week #3 Eclipses 1H April . . . While Broad-Based Growth Continues Across Most Digital Names
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Grom, Chuck |
2020-04-24 |
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| TSCO: Tractor Supply Company - CV-19 Accelerating New Customer Adoption as CEO Lawton Leans Into Digital. Post 1Q Thoughts, Boost PT to $105, Call Back Notes
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TSCO |
Grom, Chuck |
2020-04-23 |
6 |
| TGT: Target - Seeing the Forest Through the Trees, Thoughts Post Management Call Back & 1Q20 Sales/Margin Update
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TGT |
Grom, Chuck |
2020-04-23 |
6 |
| Home Improvement - It’s Not the Players . . . It’s the Game =Downgrading HD and FND to Hold From Accumulate Due to Housing/Pro/Big Ticket Uncertainty
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Grom, Chuck |
2020-04-22 |
17 |
| COST: Costco Wholesale - Waiving a “Yellow Flag” Near Term as We Reduce Our April/May Core SSS Into Negative Territory . . . 3Q EPS Now Set at $1.70
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COST |
Grom, Chuck |
2020-04-21 |
6 |
| BJ: BJ's Wholesale Club, Inc. - Raising 1Q Core SSS Outlook to 8.0% . . . Tail from New Member Sign-Ups Could Help Comps Breakout of Recent Range, Stay Buy-Rated
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BJ |
Grom, Chuck |
2020-04-20 |
6 |
| Retail & Restaurant Beneficiaries of "Opening Up America" (Which Retail & Restaurant Companies Have the Greatest Geographic Exposure to Potential "Phase 1" States?)
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Grom, Chuck |
2020-04-19 |
8 |
| Tracking the Consumer & COVID-19 (Week #6) - ~66% See July 1st (or Earlier) Economy Opening . . . but Willingness to Visit Variety of Venues Low Even with a Vaccine; 13 Takes
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Grom, Chuck |
2020-04-19 |
11 |
| DG: Dollar General - Data Suggests Strong 1Q So Far, Outlook Equally as Bright as Micro + Macro Tailwinds Converge, Raising Estimates & PT to $200
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DG |
Grom, Chuck |
2020-04-17 |
5 |
| Web Traffic Data Update - 1H April Winners = BJ, TSCO, WSM, KSS, TGT, & WMT . . . Wayfair Checkout Data Strengthens 2x March Pace (ex. Way Day Lap)
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Grom, Chuck |
2020-04-16 |
4 |
| March ’20 Retail Sales Recap - Core March Sales Drop 2.3% - Not a Surprise . . Grocery Chains, Discounters, Home Improve, & E-Commerce Standouts
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Grom, Chuck |
2020-04-15 |
3 |
| Department Stores & Off-Price Retail - Balancing NT Uncertainty vs. LT Optionality: Lowering 2020 SSS & EPS, But Expecting Nike Swoosh Type Recovery by 2022
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Grom, Chuck |
2020-04-14 |
12 |
| COST: Costco Wholesale - March SSS Rise 12.3% . . . But 2H Much Weaker & Could Persist - Management Call Back Takes
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COST |
Grom, Chuck |
2020-04-08 |
4 |
| TSCO: Tractor Supply Company - 2020 = The Year of the Backyard . . . Plays Right into Tractor's Wheelhouse, 5 Takes From Management Call Back
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TSCO |
Grom, Chuck |
2020-04-07 |
5 |
| March 2020 Macro Survey (#36) - Sentiment Index Collapses From 121.8 To 30.3; Discretionary Indications Flip/Flop = Home Furnishings > Home Improvement
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Grom, Chuck |
2020-04-07 |
8 |
| W: Wayfair - Boston Strong - Raising Estimates Post 1Q Update & Management Call Back = Boosting Price Target to $100 + Stay Buy-Rated
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W |
Grom, Chuck |
2020-04-06 |
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| COST: Costco Wholesale - March SSS Pre-Game = Raising Core Comp View to 20.0% . . . Stock Up Behind Us, But Share Gains Still Ahead, OPIS Gas Data ++
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COST |
Grom, Chuck |
2020-04-06 |
5 |
| Tracking the Consumer & COVID-19 (Week #4) - This is What Normal(ization) Looks Like = Stock Up Slows + Online Behavior Moderates – 9 Key Takes, Sticking w/Barbell Strategy
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Grom, Chuck |
2020-04-05 |
9 |
| Data Science: Footfall/Web Traffic Update (4/3) - The “Essentials” Continue to Accelerate in Both Channels; Home Furnishings (W, WSM) Turning Up Digitally, Tractor/Depot ++
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Grom, Chuck |
2020-04-03 |
4 |