|Bid||153.98 x 900|
|Ask||154.05 x 800|
|Day's Range||148.04 - 154.14|
|52 Week Range||79.07 - 158.23|
|PE Ratio (TTM)||25.73|
|Earnings Date||Aug 22, 2018 - Aug 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||161.94|
Though the escalating tensions between the United States and several of its trading partners could hurt companies across a broad range of sectors, several industries are poised to withstand them or even thrive, according to U.S. financial services firm Cowen and Company on Friday. China's recent revisions to tariffs have a clear benefit to luxury retailers, Cowen analysts said in a report. While the country raised import duties on several categories of U.S. goods, it lowered tariffs on apparel, cosmetics, household goods and jewellery.
TJX stock is the IBD Stock Of The Day as it trades slightly below a 96.92 entry point, an add-on buy point that follows a more-than-20% climb from its most recent breakout.
Retailers have been strong in 2018, notably off-price Ross Stores, TJX and Burlington Stores. Those three stocks, plus Dollar General, are in or near buy points.
Over the years, Burlington Stores (BURL) has increased vendor counts, made technological advancements, adopted a better marketing approach and focused on localized assortments.
Investing Action Plan: JPMorgan Chase, Citigroup and Wells Fargo kick off earnings season Friday. OPEC and IEA oil reports are on tap as supply fears keep crude futures near multiyear highs.
Dollar General is the IBD Stock Of The Day. The discount retailer has a handle buy point as earnings and sales growth improve.
Hobby Lobby Stores Inc., Burlington Stores Inc. and TJX Cos. are among the retailers expected to fill the spaces vacated by defunct retailer Toys “R” Us Inc., according to one of the nation’s biggest owners of open-air shopping centers. Many retailers also bid on Toys “R” Us locations in bankruptcy court, including Big Lots Inc., Scandinavian Designs, Ashley Homestores Ltd. and Ollie’s Bargain Outlet Holdings Inc., a filing shows. Many of the larger empty big-box storefronts will be filled by hobby stores soon, said Conor Flynn, chief executive of Kimco Realty Corp.
Cos. are among the retailers expected to fill the spaces vacated by defunct retailer Toys “R” Us Inc., according to one of the nation’s biggest owners of open-air shopping centers. , chief executive of Kimco Realty Corp., said recently many of the larger empty big-box outlets will be filled by hobby stores. “Hobby Lobby especially is very aggressive,” in that space, said Mr. Flynn last month at the Jefferies Global Consumer Conference.
TJX Companies’ (TJX) sales grew by 11.6% to $8.7 billion in the first quarter of fiscal 2019, which ended on May 5. TJX Companies’ same-store sales grew 3.0% in the first quarter of fiscal 2019. Higher customer traffic drove the company’s sales.
TJX Companies (TJX) stock has risen 12.6% since the company announced its results for the first quarter of fiscal 2019 in May. The fiscal first quarter ended on May 5. Atlantic Equities downgraded its rating, as it doesn’t foresee a high likelihood of significant outperformance by TJX Companies in the short term. In June, UBS initiated its coverage of TJX Companies stock with a “sell” rating, and Wedbush initiated its coverage with a “neutral” rating.
Burlington Stores (BURL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Burlington Stores, Inc. (BURL), a nationally recognized off-price retailer of high-quality, branded apparel at everyday low prices, announced today that Laura J. Sen, former Non-Executive Chairman and Chief Executive Officer of BJ’s Wholesale Club, Inc., is joining its Board of Directors and its Audit Committee effective June 29, 2018. Ms. Sen will fill the board seat formerly held by Tricia Patrick, currently a Managing Director of Advent International Corporation.
JCPenney (JCP) started fiscal 2018 on a slow note and posted adjusted EPS of -$0.22 in the fiscal first quarter. In comparison, its adjusted EPS reached $0.01 in the fiscal first quarter of 2017.
LONDON, UK / ACCESSWIRE / June 29, 2018 / If you want access to our free earnings report on Burlington Stores, Inc. (NYSE: BURL), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=BURL. The Company reported its first quarter fiscal 2018 operating and financial results on May 31, 2018. Additionally, the Company provided guidance for the upcoming quarter and fiscal year.
The retail landscape has been undergoing a fundamental change with technology playing a major role and the focus shifting to online shopping. Be it department stores, discount retailers, supermarket chains or grocery players, all are in the race of survival of the fittest.
Pick up in retail sales is welcome news for retailers. However, unhealthy price competition to gain market share and attract footfall might weigh on margins.
NEW YORK, June 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Chegg, ...
Off-price retailer Burlington Stores (BURL) was trading at a 12-month forward PE multiple of 24.1x on June 19. The company’s forward valuation multiple has risen 8.3% since the announcement of its results on May 31.
Burlington Stores (BURL) has exceeded analysts’ earnings expectations over the past ten quarters. Burlington Stores’ adjusted EPS of $1.26 in the fiscal first quarter handily exceeded analysts’ consensus estimate of $1.09. Burlington Stores’ adjusted EPS grew by an impressive 59.4% on a year-over-year basis in the fiscal first quarter.
Wedbush initiated coverage on three retailers, highlighting strong macro trends and business models that made it difficult for e-commerce rivals to replicate. The Ratings Wedbush analyst Jen Redding initiated ...
One of Burlington Stores’ (BURL) strategic priorities is to improve its operating margin, which it believes lags its peers by 400–600 basis points. Over the past five years, the company has improved its operating margin by 370 basis points. In its fiscal first quarter, which ended on May 5, Burlington Stores’ gross margin expanded by 35 basis points on a year-over-year basis to 41.2%.
Investors pursuing a solid, dependable stock investment can often be led to Burlington Stores Inc (NYSE:BURL), a large-cap worth US$10.38b. Doing business globally, large caps tend to have diversified revenueRead More...