| TSCO: Tractor Supply Company - What One Beer Can Turn Into . . . Post 2Q Thoughts – Staying Long Brentwood, Raising Estimates, and Price Target up to $160
|
TSCO |
Grom, CFA, CPA, Chuck |
2020-07-23 |
6 |
| SFM: Sprouts Farmers Markets - Reading the 2Q Print: Bumping up SSS View For 2Q-4Q . . . Staying Long as Consumer Behavior Changes + New Store Model Embody Story
|
SFM |
Grom, CFA, CPA, Chuck |
2020-07-22 |
5 |
| TSCO: Tractor Supply Company - Reading the Print: Boosting 2Q SSS to 30%/from 25% . . . While Upping 2H20 Forecast to 5.0% Avg., Stay Accumulate-Rated w/$150 PT
|
TSCO |
Grom, CFA, CPA, Chuck |
2020-07-21 |
7 |
| The Weekend Warrior (7/10/20) - Stay Balanced in Summer Heat = Defensive (WMT, BJ, COST, DG, SFM) + Offensive (TGT, FIVE, LOW, TSCO, WSM, W)
|
|
Grom, CFA, CPA, Chuck |
2020-07-10 |
11 |
| COST: Costco Wholesale - No Summertime Doldrums in Issaquah with Core SSS Surging 14.4%; Management C/B Takeaways; + Lateral to BJ’s & Backyard Foursome
|
COST |
Grom, CFA, CPA, Chuck |
2020-07-08 |
4 |
| COST: Costco Wholesale - June SSS Pre-Game = Raising Core Comp Outlook to 7.0% As Trends Continue to Revert Back to the Mean
|
COST |
Parke, John |
2020-07-06 |
6 |
| M: Macy's - Slow SSS Recovery, TX Flare-Up, Less Promotional Backdrop = Key Takes Post 1Q Print, Management Call Back Notes
|
M |
Grom, CFA, CPA, Chuck |
2020-07-01 |
7 |
| Web Traffic Data Update (6/30) - Essentials Slow but Remain Healthy on Absolute Basis; Wayfair Strengthens (+133% in Wk. 4) Despite B&M Openings; Chewy Takes
|
|
Grom, CFA, CPA, Chuck |
2020-06-30 |
4 |
| Tracking the Consumer & COVID-19 (Week #16) - Data Shows A Degree of Moderation After Optimism Seen in Week 14; 26.4% Expect Economy to Reopen in 2021 – 10 Key Takes
|
|
Grom, CFA, CPA, Chuck |
2020-06-28 |
13 |
| FIVE: Five Below - Somewhere in The Swamps of Jersey, Store Checks + Management Update Call Thoughts
|
FIVE |
Grom, CFA, CPA, Chuck |
2020-06-25 |
9 |
| 2Q20 Home Improvement Survey - Data Shows Strong Sequential Uptick; % Planning HI Project Hits All-Time High @ 63.2%, Home Buying Plans Surge, LOW Gains Ground
|
|
Grom, CFA, CPA, Chuck |
2020-06-23 |
11 |
| W: Wayfair - Raising Direct Revenue & EBITDA Expectations as Data Feeds + Survey Work Suggest Staying Power; PT to $250; Bull vs Bear Case Work
|
W |
Grom, CFA, CPA, Chuck |
2020-06-19 |
9 |
| Low & Middle Market Pricing Study (#21) - DG Narrows Its Gap to WMT to Only 1.6% . . . While FDO’s Widens to 5.6% = Lends Further Support for General > Tree Thesis
|
|
Grom, CFA, CPA, Chuck |
2020-06-18 |
6 |
| May ’20 Retail Sales Recap - Down 8.1% YOY vs. 16.2% Drop in April; Home Improvement Shines...While S-Goods, Furniture, Apparel, CE, & Dept Stores Show Gains
|
|
Grom, CFA, CPA, Chuck |
2020-06-16 |
4 |
| Apple Mobility Trends/INRIX Data (6/17) - U.S at 122.1 in June vs. 61.2 in April . . . With Driving Traffic Up 12% MTD; Only 12 States Remain Below Pre-COVID Levels Today
|
|
Grom, CFA, CPA, Chuck |
2020-06-16 |
6 |
| Tracking the Consumer & COVID-19 (Week #14) - Big Inflection in Sentiment as Aversion Fears Drop and Hunker Down Behaviors Start to Unwind = 11 Key Takeaways
|
|
Grom, CFA, CPA, Chuck |
2020-06-14 |
13 |
| FIVE: Five Below - Geno’s or Pat’s? Upgrading the Team From Philly To Buy-Rated as SSS + Store Growth Recovery Now Visible – Price Target to $135
|
FIVE |
Grom, CFA, CPA, Chuck |
2020-06-10 |
6 |
| Web Traffic Data Update (6/10) - Wayfair Checkout Domain Slows A Bit in Last Week of May . . . But Up ~107.1% For the Month; Essentials Solid on Absolute Basis
|
|
Grom, CFA, CPA, Chuck |
2020-06-10 |
3 |
| M: Macy's - Tweaking Down FY20 Estimates Following 1Q20 Results; PT Stays at $7.50
|
M |
Grom, CFA, CPA, Chuck |
2020-06-09 |
4 |
| Department Stores & Off-Price Retail - 1Q20 Inventory Picture Comparison + Initial Macy’s Reaction Post 1Q Update
|
|
Grom, CFA, CPA, Chuck |
2020-06-09 |
2 |