SHLDQ - Sears Holdings Corporation
| Previous Close | 0.3600 |
| Open | 0.3680 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 0.3000 - 0.3950 |
| 52 Week Range | 0.1200 - 2.7700 |
| Volume | 843,514 |
| Avg. Volume | 330,800 |
| Market Cap | 34.956M |
| Beta (3Y Monthly) | 3.55 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -15.7410 |
| Earnings Date | Aug 7, 2019 - Aug 9, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 2.00 |
- Motley Fool
Sears and Kmart Are Closing Even More Stores
Bankruptcy didn't fix the underlying problems at these two iconic chains.
- InvestorPlace
With 3 New Growth Catalysts, Is Rite Aid Stock Finally a Buy?
If you take a glance at the chart of Rite Aid (NYSE:RAD) stock, it is mostly downhill -- going from $15 to $6.60. But this is nothing new. Keep in mind that, during the past 15 years, the RAD stock price has seen an average decline of nearly 16% annually!Source: Shutterstock Okay then, might there be a contrarian play here? Or should investors just throw in the towel? Is there really no hope here? * 7 Triple Threat Growth Stocks to Buy for the Long Term Well, with RAD stock in single digits -- and the sentiment at awful levels -- there does seem like there could be value for a speculative play. Let's face it, the company has some valuable assets and advantages, such as:InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Rite Aid has a well-known brand that's been around since the 1960s. * The company has about 2,500 stores across 19 states, making it the third largest pharmacy chain in the U.S. * RAD serves 8.2 million customers per week and has a wellness+loyalty program of over 13 million members. * The company has its own full service PBM, called EnvisionRxOptions (it aggregates roughly 20 million lives across all businesses).Not too bad, right? I agree. But hey, is all this still enough? Note that the company has some serious challenges.For example, RAD does not have much scale or breadth to be a next-generation pharmacy business. The debt load is $6.4 billion and the market cap is a mere $363 million. In other words, RAD lacks the resources to become something like CVS (NYSE:CVS), which has a growing base of clinics as well as a massive insurance business.Of course, RAD stock also suffers from the secular trend towards e-commerce. The fact is that online platforms from companies like Amazon.com (NASDAQ:AMZN) and Walmart (NYSE:WMT) are eating up market share. In fact, the real fear is that RAD may ultimately become the next Sears (OTCMKTS:SHLDQ). Future Catalysts for RAD StockNow there are some potential catalysts for RAD stock.First of all, the company recently brought in a new CEO, Heyward Donigan, who has worked in the healthcare industry for over 30 years. Before coming on board RAD, she was the CEO of Sapphire Digital, an e-commerce site that analyzes health plans. She has also held executive positions at companies like ValueOptions (a behavioral health improvement company), Premera Blue Cross and Cigna Healthcare (NYSE:CI). All in all, Donigan has broad experience in both traditional and digital healthcare -- which seems to be the right skillsets for RAD.Next, the company has entered a strategic agreement with Adobe (NASDAQ:ADBE) to create more personalized digital experiences, such as with content creation, marketing, analytics and commerce. The goal is to develop a seamless omni-channel platform.Although, perhaps the most important deal is with AMZN, which involves using Rite Aid stores as pick-up points for packages. By the end of this year, the expectation is to have more than 1,500 Amazon Counter locations.This is likely to help drive up traffic. RAD's demographics generally skew older compared to Amazon's. What's more, a similar type of deal with Kohl's (NYSE:KSS) resulted in a 9% increase in foot traffic and an 8% jump in revenues.But the RAD/AMZN arrangement may just be a warmup. If there is traction, it seems reasonable for partnering on digital integration. And yes, AMZN may just ultimately buy out the company to quickly rollout a pharmacy footprint. * 7 Industrial Stocks to Buy for a Strong U.S. Economy Bottom Line on the RAD Stock PriceAgain, RAD stock has some deep issues, which will take time to deal with. But at the same time, the company still has value -- which the AMZN deal validates -- and management is making smart movies with its digital strategy. So as a speculative play, RAD stock does look interesting right now.Tom Taulli is the author of the book, Artificial Intelligence Basics: A Non-Technical Introduction. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post With 3 New Growth Catalysts, Is Rite Aid Stock Finally a Buy? appeared first on InvestorPlace.
Motley FoolLands' End Inc (LE) Q2 2019 Earnings Call Transcript
LE earnings call for the period ending August 2, 2019.
- GuruFocus.com
Eddie Lampert's Biggest Mistake
One of the best ways to improve as an investor is to study the mistakes of others Continue reading...
- City Lab NonHosted
How Amazon Could Transform the Tiny House Movement
Could the e-commerce giant help turn small-home living from a niche fad into a national housing solution?
- Motley Fool
Briggs & Stratton (BGG) Q4 2019 Earnings Call Transcript
BGG earnings call for the period ending June 30, 2019.
- Motley Fool
Don’t Catch Falling Knives: The JCPenney Story
The retailer may well be too far gone to save, and its ill-defined turnaround plan won’t change that.
- MarketWatch
Sears to start liquidation sales at these 26 stores this week
Transform Holdco, the company formed in January to buy the remaining assets of bankrupt Sears Holdings Corp., said it will begin ‘liquidation sales’ this week in 26 stores that will close in late October.
- MarketWatch
Sears and Kmart to start liquidation sales at 26 stores on August 15
Transform Holdco, which was created in January to purchase the remaining Sears Holdings Corp. assets in order to continue as a going concern, has announced an additional 26 Sears and Kmart store closures. "After careful review of where we are today, we believe the right course for the company is to accelerate the expansion of our smaller store formats which includes opening additional Home & Life stores and adding several hundred Sears Hometown stores after the Sears Hometown and Outlet transaction closes," the statement said. The Sears Hometown bid was made in April. Liquidation sales at the 26 closing stores will begin on August 15. Sears Holdings stock has sunk 85.5% over the past year while the S&P 500 index is up 3% for the period.
- Motley Fool
Sears Is Closing a Bunch of Stores (Again)
Sears' post-bankruptcy turnaround effort seems to be failing already.
- Motley Fool
Kontoor Brands Easily Beats Expectations
Sales and profits were down, but the company expects improvements in the second half.
- Motley Fool
The Sears Bankruptcy Headwind Is Fading for Seritage Growth Properties
Most of the damage from Sears and Kmart store closures is already baked into Seritage's results -- and the retail REIT has lots of new tenants set to begin paying rent over the next year or two.
- TheStreet.com
How Much Do Architects Make in 2019?
Say the world 'architect,' and images immediately come to mind of grand homes or buildings, artistic designs and blueprints. But what an architect actually does, and how much one makes, varies widely.
Motley FoolMacerich Co (MAC) Q2 2019 Earnings Call Transcript
MAC earnings call for the period ending June 30, 2019.
- Benzinga
Levi's CEO Defends Quarter, Says Retailers 'Need Us'
Shares of Levi Strauss & Co. (NYSE: LEVI ) sold off following its July 9 second-quarter report, and CEO Charles Bergh defended the results and made his pitch for the business on CNBC's "Mad Money" ...
- Bloomberg
Retail Workers Will Soon Cater Mainly to the Rich
(Bloomberg Opinion) -- One reason the U.S. government is investigating Amazon.com Inc. for antitrust violations is concern that the company is undermining the retail industry. Treasury Secretary Steven Mnuchin says flatly that Amazon “has destroyed the retail industry across the United States.” The number of retail jobs has indeed fallen over the past few years — if so far only slightly. Going forward, the jobs that remain will also shift focus: Retail workers will increasingly cater to wealthier, rather than middle-class, consumers.The trend is already visible in struggling malls and big box stores. The Toys “R” Us bankruptcy single-handedly did away with tens of thousands of jobs. Gymboree, Charlotte Russe and Payless lead the list of other middle-class retailers that have gone bankrupt in recent months. Consumers turning to Amazon and other online sellers for toys, clothing, home furnishings and other goods is only part of the reason physical retailers are struggling. Private equity firms contribute to the problem by buying retail companies and then saddling them with debt, making it impossible for the firms to invest in their own businesses. This can lead to a death spiral: Stores grow older and lose relevance to consumers, leading private equity owners to cut costs, lay off workers and ultimately close stores. Sears Holdings Corp. has been the epitome of this trend.The rising cost of retail labor adds to the pressure. For more than a year now, the increase in average hourly earnings for retail workers has exceeded 4% on an annual basis — due to a combination of a tight labor market, increases in the minimum wage in states such as California, and high-profile efforts by large employers to raise starting wages. With Whole Foods (owned by Amazon) setting its starting wage at $15, Target aiming for the same level by 2020, and Walmart presumably close behind, smaller and less profitable retailers can’t keep up.Research on higher minimum wages in the restaurant industry has found that they tend to drive out restaurants with comparatively low customer reviews. In retail — a competitive, low-margin industry — the least efficient companies and those with the lowest profit margins have the hardest time raising prices enough to keep wages competitive.As retail employment thus hollows out, only some stores will be able to maintain a labor-intensive model: the big chains that still have plenty of foot traffic and revenue, and stores that cater to wealthy customers.For the rest, expect to see what I observed at a Target store last weekend. A “now hiring” sign on the door advertised the new $13-an-hour starting wage. But only one employee manned the checkout area, and that person was mainly ushering customers to the self-checkout registers. Amazon’s attempt to build convenience stores without cashiers, and the trend among restaurants to replace wait staff with ordering tablets points to a future in which middle-class consumers still shop in stores and eat in restaurants, but interact with fewer humans while they’re there.The retail workers who remain stand to make more money than they once did. But those people who still bag your groceries or ask if you want fries with that will become, like the milk-delivery men before them, a nostalgic memory. To contact the author of this story: Conor Sen at csen9@bloomberg.netTo contact the editor responsible for this story: Mary Duenwald at mduenwald@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Conor Sen is a Bloomberg Opinion columnist. He is a portfolio manager for New River Investments in Atlanta and has been a contributor to the Atlantic and Business Insider.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- InvestorPlace
Improvements Do Not Justify the Higher Multiple in Walmart Stock
Walmart (NYSE:WMT) stock continues to surge higher. Amid massive e-commerce growth and improving same-store sales, both the WMT stock price and its valuations continue to climb. As a result, the Walmart stock price now hovers above $113 per share, less than 2% lower than its all-time high.Source: Shutterstock However, overall growth remains meager, and the big-box retailer continues to struggle in its ventures outside of North America. As a result, its earnings multiple has moved far ahead of company and industry averages. The high valuation and modest income growth indicate investors should begin considering alternatives to Walmart stock. WMT Stock Surged on E-commerce, Business ImprovementsWalmart has not changed as much as management would like you to think. Many will take issue with that statement, mainly because of its relatively new e-commerce segment. Admittedly, this omnichannel segment renewed investor interest in WMT stock. As a result, shares now trade at a forward price-to-earnings (P/E) ratio of 22.5.InvestorPlace - Stock Market News, Stock Advice & Trading TipsTo be sure, traders had become overly pessimistic about the Walmart stock price in the middle of this decade. At the time, an attitude that Amazon (NASDAQ:AMZN) would "take over retail" gripped Wall Street. Investors treated WMT stock as if it were the next Sears Holdings (OTCMKTS:SHLDQ) or JCPenney (NYSE:JCP). * 10 Stocks to Buy From This Superstar Fund Walmart, as well as peers such as Target (NYSE:TGT) and Costco (NASDAQ:COST), responded with an omnichannel strategy. As a result, valuations and sentiments have moved to the other extreme.In fairness, same-store sales also saw improvements during this time. Moreover, the current CEO has shown more interest in addressing worker complaints than his predecessors. It may not bring comfort to customers that one of the gripes involved "hygiene," but management has begun to respond to these issues. Many of Walmart's Core Problems RemainNonetheless, challenges remain. As our own James Brumley mentioned, e-commerce losses now surpass $1 billion per year, despite e-commerce sales growing by 37% during the last quarter. Mr. Brumley argued that overall profits more than compensate for this loss. He also believes that investors should give Walmart stock the kind of latitude to succeed once granted to Amazon.However, e-commerce only made up 1.4% of sales, and overall growth remains modest. Revenue only grew by 1% in the previous quarter. Furthermore, over the past five years, profits increased by an average of 0.29% per year. Analysts believe they will now grow by 3.69% per year over the next five years. An improvement, yes, but does that truly justify 22.5-times forward earnings?Moreover, Walmart still suffers from saturation at home and an inability to gain traction abroad. Many remember high-profile failures in places such as Germany and Brazil. Its modest store count more than 20 years after it became one of the first retailers to enter China also does not inspire confidence. Much of the international focus has switched to Flipkart, its e-commerce company in India. However, our own Vince Martin thinks Flipkart caused the aforementioned $1 billion-plus e-commerce losses. TGT Stock Offers Higher Growth at a Lower CostAdditionally, investors can choose more reasonably-priced alternatives, one of which is archrival Target. TGT stock trades at a much lower 13.8-times forward earnings. Also, its dividend yield of 3% comes in well ahead of Walmart's return of under 1.9%.Further, despite not having a presence outside of the U.S., Wall Street predicts average annual growth of 8.35% per year over the next five years. This comes in at more than double Walmart's expected increases in earnings.Both Home Depot (NYSE:HD) and Lowe's (NYSE:LOW) have found growth avenues despite negligible store growth. Perhaps Walmart can do the same. However, until it can either grow internationally or at home, I see little reason to buy Walmart stock right now. Final Thoughts on Walmart StockGiven high valuations and low growth, paying 22.5 times earnings for Walmart stock makes little sense. Walmart has excited Wall Street with omnichannel retailing. It has also found a way to increase same-store sales, and the company has made more of an effort to improve its image.Nonetheless, growth remains meager. And it faces ongoing struggles with saturation at home and an inability to connect with consumers outside of North America. Not to mention, investors can buy a lower-cost, faster-growing retail business in Target.Until Walmart can lower its valuation or increase its overall revenue growth, investors should stay away from WMT stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy From This Superstar Fund * 7 Stocks to Buy This Summer Earnings Season * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post Improvements Do Not Justify the Higher Multiple in Walmart Stock appeared first on InvestorPlace.
- TheStreet.com
[video]From Catalogs to Catastrophe: A Sears Timeline
Sears was once an American icon Boy, have times changed. Watch this video rundown its fall from grace.
- Motley Fool
Why I Just Doubled Down on This REIT Stock
PREIT is on track to complete its current redevelopment pipeline over the next year or so, which will lead to improved financial results.
- Benzinga
Amazon, Sears Veteran Joins Cresco Labs As Chief Information Officer
Chicago-based cannabis company Cresco Labs Inc (OTC: CRLBF ) is making changes to its top management team with the appointment of Mo Dastagir as its new Chief Information Officer. Dastagir will replace ...
- Motley Fool
Seritage Growth Properties Moves Ahead on 3 Key Redevelopment Projects
The Sears spinoff is making progress on some of its larger-scale redevelopment opportunities, which take longer to pull off but have greater upside.
- Yahoo Finance Video
Sears and Kmart closing 26 stores in October on bankruptcy struggles
Sears and Kmart are closing 26 stores in October as their parent company, Transform Co., says it faces challenges "returning stores to sustainable levels of productivity." Yahoo Finance's Akiko Fujita, Jared Blikre, Ines Ferre and Dan Howley discuss.
- Yahoo Finance Video
Top trending: Kraft Heinz first-half profit slumps, Sears & Kmart close more stores
Yahoo Finance's Adam Shapiro highlight today's top trending stories.
