| The Retail Playbook: November 2020 - New Barbell = Team Compound + Team Comeback; 3Q Preview; New SOG Rankings; Upgrade = HD, ROST, BURL // Downgrade = LOW, WSM
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Grom, CFA, CPA, Chuck |
2020-11-12 |
26 |
| Low & Middle Market Pricing Study (#23) - The General Back On Top with 80 bps Lead vs. Walmart with The FDO Gaining “Some” Discipline . . . Signs of Basket Inflation Remain
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Grom, CFA, CPA, Chuck |
2020-11-11 |
6 |
| TGT: Target - Another Brick to Help Comp the ‘21 Wall . . . We Like the ULTA Partnership
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TGT |
Grom, CFA, CPA, Chuck |
2020-11-10 |
5 |
| FND: Floor & Decor Holdings - 4 Key Takeaways from Virtual NDR with CFO Trevor Lang . . . Stay Buy-Rated with $90 Price Target
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FND |
Grom, CFA, CPA, Chuck |
2020-11-10 |
5 |
| LOW: Lowe's - HD Supply = The Case For > The Case Against Given Batchelder Connection + 4.5% EPS Accretion; Quick Thoughts
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LOW |
Grom, CFA, CPA, Chuck |
2020-11-09 |
4 |
| COST: Costco Wholesale - No Recount Needed in Issaquah; October Core SSS +16.5% with Traffic Accelerating, Mgmt. Takes
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COST |
Grom, CFA, CPA, Chuck |
2020-11-04 |
5 |
| W: Wayfair - An Undeniably Strong 3Q Print . . . Staying Favorably Biased . . . But Next Leg Higher Will Require Some Patience After YTD Move
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W |
Grom, CFA, CPA, Chuck |
2020-11-03 |
6 |
| W: Wayfair - Solid Finish to October - Last Minute Thoughts Into 3Q Print
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W |
Grom, CFA, CPA, Chuck |
2020-11-02 |
3 |
| COST: Costco Wholesale - Boosting October Core SSS View to 12.5%; Survey (+), Traffic Data (+), & Basket Data (+/-), CFO Call (+)
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COST |
Grom, CFA, CPA, Chuck |
2020-11-02 |
6 |
| FND: Floor & Decor Holdings - A Concept That Checks All the Boxes – Upgrade To Buy-Rated Post ~15% Pullback; Establishing New $90 Price Target
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FND |
Grom, CFA, CPA, Chuck |
2020-11-02 |
7 |
| Tracking Consumer Behavior in a Covid World (Week #34) - Aversion Rises as Covid Cases Move Higher; Overall Behavior and Sentiment Remain in Tight Holding Pattern = Stick w/ Barbell
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Grom, CFA, CPA, Chuck |
2020-11-01 |
9 |
| 2020 Holiday Survey – Part I - 56 Days & Counting . . . We Lean Bullish Despite Status Quo Survey for 2 Reasons; Earlier Shopping & Online Surge As Expected
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Grom, CFA, CPA, Chuck |
2020-10-30 |
6 |
| FIVE: Five Below - Scenes From the Swamps of Jersey: End of Quarter Field Work + Data Update + Promo Tracker = Stick with 5% Comp Over/Under
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FIVE |
Grom, CFA, CPA, Chuck |
2020-10-29 |
9 |
| SFM: Sprouts Farmers Markets - Covid Giveth, Covid Taketh . . . Comp Slowdown + Retention Uncertainty > Margins; Post 3Q Thoughts
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SFM |
Grom, Chuck |
2020-10-28 |
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| Covid Hotspot Traffic Assessment - Despite Rising Cases, October Traffic Improves vs. Sept. in 6 COVID Hot Spots (IL, TX, MI, FL, CA, WI) for 10 Large Cap Retailers
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Grom, CFA, CPA, Chuck |
2020-10-28 |
5 |
| FND: Floor & Decor Holdings - Reading the 3Q Print: Raising 3Q SSS Estimate to 20.0% . . . October Foot Traffic Data Accelerates
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FND |
Parke, John |
2020-10-28 |
5 |
| October 2020 Macro Survey (#42) - GHRA Sentiment Index Inches Up To 75.3 as Recovery Slowly Materializes with Job Uncertainty Weighing on Results
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Grom, CFA, CPA, Chuck |
2020-10-27 |
9 |
| COST: Costco Wholesale - Wrapping Up The “Come-Clubbing” 2020 Tour; 6 Key Takes from COST Call with CFO Richard Galanti
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COST |
Grom, CFA, CPA, Chuck |
2020-10-23 |
5 |
| TSCO: Tractor Supply Company - Deja Vu to Dollar General and March 2019; 10 Takes From 3Q Print & Investor Call, Raising Estimates . . . Buy The Pullback
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TSCO |
Grom, CFA, CPA, Chuck |
2020-10-22 |
6 |
| TSCO: Tractor Supply Company - Quick Thoughts on Tractor’s Strong 3Q Print; October Trends Stay Strong . . . Don’t Over Think It
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TSCO |
Grom, CFA, CPA, Chuck |
2020-10-22 |
5 |