|Bid||135.69 x 800|
|Ask||136.06 x 1300|
|Day's Range||135.29 - 136.27|
|52 Week Range||96.11 - 137.35|
|Beta (3Y Monthly)||0.71|
|PE Ratio (TTM)||22.27|
|Earnings Date||Aug 28, 2019 - Sep 3, 2019|
|Forward Dividend & Yield||1.28 (0.94%)|
|1y Target Est||137.04|
Dollar Tree and Dollar General have made adjustments to their supply chains in response to the ongoing trade negotiations with China. Yahoo Finance's Brian Sozzi and Alexis Christoforous break down what has left the the two chains generally unscathed in the trade war.
Casey's (CASY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Companhia Brasileira's (CBD) Assai segment is a major growth driver. Also, the company is on track with its pilot projects.
Retail has become the microcosm for both the stock market and for society as a whole. That's the only conclusion you can reach when you sort through the now completed earnings season for the company's linked to the consumer.
Todd Vasos has been the CEO of Dollar General Corporation (NYSE:DG) since 2015. First, this article will compare CEO...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Dollar General Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
In the changing retail landscape, Costco (COST) has been able to create a niche for itself on the back of growth strategies. These factors are aiding the company in sustaining impressive comparable sales run.
Dollar General Corporation today announced that Dollar General management plans to present at the Oppenheimer 19th Annual Consumer Conference on June 18, 2019 at 10:00 a.m.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]
Casey's (CASY) fourth-quarter results benefited from gross margin expansion, cost containment efforts and opening of more stores.
Dollar General Corp NYSE:DGView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for DG with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting DG. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding DG totaled $4.86 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
In an economic climate where the retail sector has constantly been dragged through the mud, many investors have opted to steer away from the sector.
May was a red month for global equities as escalating trade tensions and the worry of slowing economic growth pushed investors to sell risky assets and pile into the bond market. As a result, stocks fell sharply in May, while bonds rallied.But while the May market selloff was broad, it didn't take down every single stock in the market. Instead, there were a handful of stocks which actually rallied in May and recorded new all-time highs while the market was plunging.What was so special about this group of stocks? For one reason or another, these stocks just didn't and still don't care about tariffs. Some of these stocks are defensive in nature, so they rallied as investors tried to play defense. Others don't have much exposure to the trade war. And some of these stocks are supported by businesses with more than enough growth momentum to offset any trade-related weakness.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBroadly, these stocks ignored rising trade conflicts and marched higher.They will continue to do so for the foreseeable future. As such, as global trade conflicts stick around over the next few months, the smart move is to pile into the stocks which can head higher even against that dour backdrop. * 10 Stocks to Buy That Could Be Takeover Targets Which stocks are those? Let's take a deeper look at 7 stocks to buy that don't care about tariffs. Okta (OKTA)Investment Style: Secular Growth% Gain Since May 1: 17%At All-Time High? YesBull Thesis: You want to buy hyper-growth cloud company Okta (NASDAQ:OKTA) here because this is a secular growth stock with a robust growth narrative that simultaneously isn't slowing, lacks exposure to trade headwinds, and could actually benefit from a domestic economic slowdown.In a nutshell, Okta provides identity-based cloud security solutions for enterprises. This growth narrative is on fire right now (Okta reported 50%-plus revenue growth last quarter), and won't slow anytime soon. There are no trade headwinds here since Okta is a service business, and services have been exempt from trade talk thus far. Further, security spend is one thing that probably won't get hit in an economic slowdown, so this company's business model is fairly resilient to economic slowing.Overall, then, Okta is a red hot growth stock to buy now as it should remain red hot for the foreseeable future. American Electric Power (AEP)Source: Robert via FlickrInvestment Style: Defensive% Gain Since May 1: 5%At All-Time High? YesBull Thesis: With respect to utility giant American Electric Power (NYSE:AEP), AEP stock looks good here because this company is as stable as it gets, is relatively resilient to an economic slowdown, and lacks exposure to anything trade-related, while the stock's yield is big and increasingly attractive as fixed-income yields plunge.When it comes to operational stability, American Electric Power is second to none. The company provides electric services to U.S. consumers. Demand for those services will not wane anytime soon. Further, trade is a non-issue here, and the stock has a nice big 3% dividend yield, which is presently as far above the 10-Year Treasury yield as it has been since late 2017. * 7 Ways to Make Berkshire Hathaway Stock More Attractive Overall, AEP stock is a stable stock with a big yield, and as such, is a high quality defensive stock to buy in today's volatile market. Dollar General (DG)Source: Shutterstock Investment Style: Defensive & Stable% Gain Since May 1: 5%At All Time High? YesBull Thesis: You want to buy off-price retail giant Dollar General (NYSE:DG) here because the company is firing on all cylinders today and should continue to fire on all cylinders for the foreseeable future -- even if the U.S. economy slows meaningfully.Retail had a rough start to 2019. The consumer weakened in the first quarter of 2019, and retailers felt that weakening. Across the sector, retailers put up ugly first quarter 2019 numbers. Not Dollar General. The dollar store giant's first quarter numbers were really good. Why the discrepancy? Because although the consumer may have weakened in early 2019, the off-price retail strategy still worked, mostly because the consumer's affinity for lower prices doesn't go lower when times get tough.If anything, it goes up. As such, with economic turbulence on the horizon, Dollar General has visibility to gain share and traffic over the next few quarters. That makes DG stock a solid buy here. Coupa (COUP)Investment Style: Secular Growth% Gain Since May 1: 14%At All-Time High? YesBull Thesis: Hyper-growth cloud company Coupa (NASDAQ:COUP) looks good here because this company is firing on all cylinders right now with a solution that could become increasingly attractive in an economic slowdown and in a market supported by secular growth tailwinds which won't let up anytime soon.Coupa offers a cloud-based enterprise solution which is broadly aimed at helping companies become more efficient with their spend. Enterprises really like the Coupa solution. That's why this company has reported 30%-plus revenue growth for the past several quarters. Demand won't falter because of a slowing economy. If anything, a slowing economy will push demand higher since companies will increasingly want to optimize spend when dollars become more scarce. * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% As such, this is a hyper-growth cloud company that should remain on a healthy growth trajectory for the foreseeable future. That makes COUP stock a good buy here. Coca-Cola (KO)Source: Chris Nielsen via FlickrInvestment Style: Defensive% Gain Since May 1: 5%At All-Time High? YesBull Thesis: When it comes to beverage giant Coca-Cola (NYSE:KO), you buy KO stock here for largely unparalleled defense to a global economic slowdown on top of a big yield which is becoming increasingly attractive as yields elsewhere plunge.Consumers need to drink. Regardless of the economic backdrop -- super fast growth, super slow growth, or something in the middle -- consumers across the globe need to drink. Coca-Cola is the heartbeat of the global beverage industry. As such, regardless of how the global economy develops over the next several quarters, Coca-Cola's numbers should remain largely stable and resilient to any slowdown. At the same time, KO stock has a juicy 3% dividend yield which is as far above the 10-Year Treasury Yield as it's been since mid-2017.Thus, in the big picture, Coca-Cola is a big and stable company with a big and stable yield. That combination makes KO stock a strong defensive stock to buy in volatile times. Shopify (SHOP)Source: Shopify via FlickrInvestment Style: Secular Growth% Gain Since May 1: 19%At All-Time High? YesBull Thesis: E-commerce solutions provider Shopify (NYSE:SHOP) is on fire right now, and you want to buy SHOP stock here because this fire won't die anytime soon, regardless of how the economic currents change.Shopify is enabling an entire new generation of individual and small-to-medium sized retailers to compete in the direct retail channel with the likes of Walmart (NYSE:WMT) and Amazon (NASDAQ:AMZN). This growth narrative has caught fire over the past few quarters as the e-retail market has become increasingly decentralized. This fire won't die anytime soon. The secular growth narrative of Shopify pioneering a new era of decentralized direct retail is simply too powerful to be weighed down by tariffs. That's why this company reported 50% gross merchandise sales growth last quarter in the face of tariffs. * The 10 Best Stocks for 2019 -- So Far So long as this secular growth narrative maintains robust momentum, SHOP stock will continue to march higher. Roku (ROKU)Source: Shutterstock Investment Style: Secular Growth% Gain Since May 1: 60%At All Time High? YesBull Thesis: You want to buy OTT video platform Roku (NASDAQ:ROKU) here because the company's secular growth narrative is powerful enough to offset slowing economic growth headwinds, and such headwinds could actually provide a lift to the company's user growth.The big idea at Roku is that this company is becoming the cable box of the OTT video world. That world is rapidly growing, and it won't stop growing because of an economic slowdown. If anything, growth will be supercharged by a slowdown. Consumers will finally be moved to cut expensive cable packages in bulk, and pivot towards much cheaper streaming options. Thus, the Roku growth narrative is not jut red hot right now, but could actually get even hotter if the economy slows.Because of this, Roku stock looks good here. You have a stock that's firing on all cylinders without any material headwinds on the horizon.As of this writing, Luke Lango was long OKTA, AEP, DG, SHOP, WMT, AMZN, and ROKU. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 4 FANG Stocks Won't Be Bitten By Regulation Threats * 10 Stocks to Buy That Could Be Takeover Targets * 4 Big Bank Stocks Rebounding Compare Brokers The post 7 Stocks to Buy That Don't Care About Tariffs appeared first on InvestorPlace.
Dollar General or Dollar Tree: Who Fared Better in Q1?(Continued from Prior Part)Analysts raised price targetDollar General (DG) reported an 8.8% rise in its adjusted EPS and 8.3% sales growth in the fiscal 2019 first quarter, which ended on May 3.
Dollar General or Dollar Tree: Who Fared Better in Q1?(Continued from Prior Part)Sales growth in Q1Dollar General (DG) and Dollar Tree (DLTR) surpassed analysts’ sales expectations for the first quarter of fiscal 2019. Dollar General generated
Retail stocks got hammered in May amid a flurry of bad earnings reports, which converged on rising tariffs and slowing economic expansion concerns to create a perfect storm for retailers. That's why I wrote a piece a few weeks back that highlighted five retail stocks that were getting slaughtered in the retail selloff.Those five retail stocks were Nordstrom (NYSE:JWN), Kohl's (NYSE:KSS), J.C. Penney (NYSE:JCP), Urban Outfitters (NASDAQ:URBN) and Lowe's (NYSE:LOW), all of which reported disappointing early 2019 numbers. But, that was just the tip of the iceberg. Since then, many more retailers have reported ugly early 2019 numbers, and many more retail stocks have been slaughtered, including Abercrombie & Fitch (NYSE:ANF), Capri (NYSE:CPRI), Canada Goose (NYSE:GOOS), PVH (NYSE:PVH), Movado (NYSE:MOV), Gap (NYSE:GPS), Tilly's (NYSE:TLYS) and many more.But, not all retailers reported bad numbers in early 2019. Indeed, there were a select few retailers that actually put up strong early 2019 numbers. That's impressive against the dour backdrop. As such, these retailers are probably the retailers you want to be buying into for the rest of the year.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Heavily Shorted Stocks to Sell -- Because the Bears Are Right With that in mind, let's take a look six retail stocks that actually popped this earnings season on surprisingly strong numbers. Dollar General (DG)Source: Mike Mozart via FlickrFirst up we have dollar store giant Dollar General (NYSE:DG), which reported strong first quarter 2019 numbers that topped expectations across the board and featured favorable growth trends.Specifically, Dollar General's first-quarter revenues and profits both topped expectations, while comparable sales rose more than expected. Further, comparable sales growth was 3.8%, on top of 2.1% growth in the year-ago quarter, so this company is clearly on an accelerating and positive growth trajectory. Gross margins did fall back in the quarter, but only marginally, and they've been stable around 30% for the past several years. Opex rate expansion moderated in the quarter, and profit growth was better than expected.Broadly, the results were more of the same for Dollar General. This company has been reporting positive comparable sales growth for the past decade, regardless of retail backdrop noise, because consumers consistently and always flock to low price consumables. So long as this trend persists -- and it will -- DG stock should outperform the broader retail industry. Dollar Tree (DLTR)Source: Mike Mozart via FlickrNext up, we have the other dollar store giant, Dollar Tree (NASDAQ:DLTR), which likewise reported strong first quarter numbers that topped expectations where it matters. But, unlike Dollar General, the quarter wasn't great from head to toe.On the positive side, comparable sales growth and revenues both topped expectations in the quarter, while second quarter and full year 2019 comparable sales growth is expected to remain positive. But, on the negative side, profits were merely in-line with expectations, and the full year 2019 profit guide was cut 2.5% to well below consensus levels. Gross margins also fell big in the quarter. The opex rate rose noticeably. Operating margins took a tumble. And, the depressed fiscal 2019 profit guide doesn't even include the full impact of tariffs. * 7 Retail Stocks Winning in 2019 and Beyond All in all, Dollar Tree had a good quarter, but not a great one like Dollar General. Nonetheless, Dollar Tree did report positive comps, a sign that the price focus strategy is working, as it has worked over the past decade (through which Dollar Tree has consistently reported positive comps). While big upside is limited by trade headwinds, DLTR stock should be able to move gradually here thanks to continued positive comp trends. Target (TGT)Source: Mike Mozart via Flickr (Modified)The third retail stock that was red hot this earnings season was big box retailer Target (NYSE:TGT), which reported first-quarter numbers that ran laps around the rest of retail.Revenues topped expectations in the quarter. So did profits. Comparable sales rose a whopping 4.8% (ahead of expectations for a 4.1% gain), while traffic rose 4.3%. Digital sales soared 42% higher. Gross margins fell back a measly 20 basis points, among one of the smallest declines in the entire retail sector this quarter. The opex rate actually dropped, and operating margins expanded. On top of all that, management provided healthy second quarter and full year 2019 guides that called for low-to-mid single digit comparable sales growth in both periods.In other words, everything is going right for Target at a time when nothing is going right for a bunch of its retail peers. The implication? Target is rapidly stealing share, and will continue to do so as the company is aligned with every important trend in retail (all-in-one convenience, low prices, digital sales, omni-channel capabilities, in-house brands, so on and so forth). As such, Target will only gain momentum over the next several quarters, and as it does, TGT stock will head higher. Walmart (WMT)Source: Shutterstock Joining Target, another big box retail giant that reported far better than expected first-quarter numbers was Walmart (NYSE:WMT).Walmart also reported a big positive comp in the quarter (+3.4%) with strong digital sales growth (+37%) and margin stabilization (for example, the Flipkart acquisition). This has become the trend at Walmart. The company has successfully pivoted to become a more fierce Amazon (NASDAQ:AMZN) competitor by building out a robust digital business, expanding omni-channel capabilities, enhancing logistics, and improving pricing and merchandising. Further, the company has tested the waters with streaming, digital advertising and cloud, illustrating that this company's innovation curve is rapidly inflecting higher. * 7 Best Vanguard Funds for 2019 All in all, Walmart has turned into an innovative omni-channel retail giant that has successfully aligned itself with all of today's important retail trends. Because of this, Walmart projects as a winning retailer for the foreseeable future, and WMT stock likewise projects as a winning stock. Home Depot (HD)Source: Shutterstock In a total different area of retail, Home Depot (NYSE:HD) shined bright this quarter as the home improvement space benefited from the convergence of a strong U.S. consumer and low interest rates.Home Depot beat first-quarter revenue and profit estimates by a healthy margin, while reporting a strong 2.5% rise in comparable sales (3% rise in U.S. stores). Gross margins fell back some, as was the norm across the entire retail sector in early 2019 due to tariffs. But, the company levered the expense rate thanks to continued robust sales growth, and operating margins were flat in the quarter. Going forward, Home Depot actually expects things to pick-up, as the guide calls for ~5% comparable sales growth through all of 2019.Broadly, Home Depot reported a really strong quarter. That's because the underlying fundamentals here are good. The U.S. consumer is strong, defined by record low unemployment, a healthy job participation rate, and decade-high wage growth. Meanwhile, the Fed has moved to the sidelines, and rates have steadily dropped through the first half of 2019. Specifically, mortgage rates have dropped in a big way, and that has created support for a healthy housing market.Overall, the home improvement environment continues to be supported by healthy underlying trends. So long as this remains true, Home Depot will continue to report solid numbers, and HD stock will trend higher. TJX Companies (TJX)Source: Mike Mozart via FlickrLast, but not least, we have off-price retail giant TJX Companies (NYSE:TJX).TJX proved yet again with strong first-quarter numbers that the off-price retail strategy is a winning one that works even when other retail strategies fall short. TJX's first-quarter numbers beat on revenue and profit expectations. The company also reported 5% comparable sales growth, on top of 3% comparable sales growth in the year-ago quarter, and on the back of big traffic gains. Operating margins did drop, due to a lower gross margin and higher opex rate. But, that drop was offset by 7% sales growth. * 7 Stocks to Sell Impacted by the Mexican Tariffs Overall, TJX proved that the consumer's affinity for price does not change with the times. It is steady and consistent, and that's why TJX has reported steady and consistent positive comps for the past several years. This trend will persist, regardless of the economic backdrop. As it does, TJX stock will move higher.As of this writing, Luke Lango was long JWN, URBN, DG, TGT, WMT, AMZN and HD. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Sell Impacted by the Mexican Tariffs * 6 Big Dividend Stocks to Buy as Yields Plunge * The 10 Biggest Announcements From Apple WWDC 2019 Compare Brokers The post 6 Stocks to Buy That Are Bucking the Retail Selloff appeared first on InvestorPlace.