| Apple Mobility Trends/INRIX Data (6/5) - Driving Traffic Up ~52% in May While June Shows Further Gains; 29 States Now Above Pre-COVID Levels with Northeast Recovering Too
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|
Grom, CFA, CPA, Chuck |
2020-06-08 |
6 |
| RH: RH - Most Attractive Girl At The Dance? We Prefer W, WSM, LOW, & TSCO – Post 1Q Thoughts
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RH |
Grom, CFA, CPA, Chuck |
2020-06-04 |
5 |
| May 2020 Macro Survey (#38) - Consumer Sentiment Index Jumps to 64.8 . . . Well Off the March Bottom, But Still A Lot of Ground To Recover; 8 Key Takes
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|
Grom, CFA, CPA, Chuck |
2020-06-04 |
9 |
| COST: Costco Wholesale - May Core SSS +9.7% . . . Issaquah Appears Be Back as March/April Headwinds Abating Quickly; Laterals for BJ + “Backyard” Stocks
|
COST |
Grom, CFA, CPA, Chuck |
2020-06-03 |
4 |
| LOW: Lowe's - Upgrade to Buy-Rated = Inviting Marvin & Team to the Backyard Party, New Price Target Set at $151
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LOW |
Grom, CFA, CPA, Chuck |
2020-06-02 |
8 |
| RH: RH - Gotta Know When to Fold ‘em = Upgrade to Hold-Rated w/Sales + Margins Clearly Holding in Better-than-Expected; PT to $220
|
RH |
Grom, CFA, CPA, Chuck |
2020-06-02 |
4 |
| Tracking the Consumer & COVID-19 (Week #12) - ~59% of Stimulus Spent Thus Far While Aversion to Public Areas Remains in Tight Holding Pattern, But Improves From Mid-May
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|
Grom, CFA, CPA, Chuck |
2020-05-31 |
13 |
| DG, DLTR, BURL, COST, WSM, JWN - Model Update Post Prints: The General + Williams Sonoma Winners Today . . . While Burlington & Costco Positioned Well For Tomorrow
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|
Grom, CFA, CPA, Chuck |
2020-05-29 |
10 |
| WSM, COST, & JWN - Drive By Thoughts Post Prints: Sonoma Remarkable + Costco Headwinds Yesterday’s News + Nordstrom (+/-)
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|
Grom, CFA, CPA, Chuck |
2020-05-28 |
7 |
| DG, DLTR, & BURL - Drive By Thoughts Post 1Q Prints: General Delivers + Tree Will Revitalize FDO Recovery Thesis + BURL Inventory Impressive
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|
Grom, CFA, CPA, Chuck |
2020-05-28 |
7 |
| Web Traffic Data Update (5/26) - Essentials Slow . . . But Stay Elevated YOY; Wayfair Up ~120% YOY; TSCO Leads Home Improvement MTD Followed by HD then LOW
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|
Grom, CFA, CPA, Chuck |
2020-05-27 |
3 |
| TSCO: Tractor Supply Company - Dirt Roads, Sunsets, & PBR’s – The Year of the Backyard Continues; Raising Estimates, PT to $130 . . . Management Call Back Notes
|
TSCO |
Grom, CFA, CPA, Chuck |
2020-05-26 |
5 |
| Apple Mobility Trends/INRIX Data (5/26) - The Recovery Rolls On . . . U.S. Traffic +46.8% in May w/22 States Above Pre-COVID Levels; Off-Price Catch-Up Trade Still Has Legs
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Grom, CFA, CPA, Chuck |
2020-05-26 |
6 |
| Broadlines & Hardlines Retail - Top 10 Observations, Laterals, & Takes from Wave 2 of Retail EPS . . TJX Commentary on Traffic Recovery in May a Positive Signal
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|
Grom, CFA, CPA, Chuck |
2020-05-22 |
5 |
| ROST: Ross Stores, Inc. - Sobering Call . . .But SSS Recovery Should Mirror TJX > KSS, M, DDS; Lowering 2Q Views . . . But Keeping 2021/2022 Outlook Intact
|
ROST |
Grom, CFA, CPA, Chuck |
2020-05-21 |
6 |
| TJX: TJX Companies Inc - Maybe That "Valley" Might Not Be So Deep? Top Pick with Great Multi-Year Risk/Reward . . . Price Target to $70
|
TJX |
Grom, CFA, CPA, Chuck |
2020-05-21 |
6 |
| BJ: BJ's Wholesale Club, Inc. - Dollar General 2.0? We Think So . . . Break-Out to $40 Likely After Stellar 1Q Print = Remain Buy-Rated Accordingly
|
BJ |
Grom, CFA, CPA, Chuck |
2020-05-21 |
6 |
| M: Macy's - Fireside Chat – 9 Takeaways
|
M |
Parke, John |
2020-05-21 |
6 |
| M: Macy's - 3 Takes From 1Q20 Update: Sales Recovery Better Than Initial 15-20% Expectation . . But Seems Below Pace Outlined by KSS and DDS
|
M |
Grom, CFA, CPA, Chuck |
2020-05-21 |
3 |
| LOW: Lowe's - Captain Marvin to the Rescue – Very Solid Print, Adjusting Estimates and Moving Price Target up to $110, Management C/B Notes
|
LOW |
Grom, CFA, CPA, Chuck |
2020-05-20 |
6 |