|Bid||25.72 x 4000|
|Ask||25.89 x 1100|
|Day's Range||24.86 - 25.99|
|52 Week Range||22.47 - 41.99|
|Beta (3Y Monthly)||0.34|
|PE Ratio (TTM)||4.72|
|Earnings Date||Feb 26, 2019|
|Forward Dividend & Yield||1.51 (6.02%)|
|1y Target Est||27.47|
The upscale retailer expects earnings per share to come in at the low end of its guidance range due to weak sales at its full-line stores.
Kohl’s Growth Prospects in 2019(Continued from Prior Part)Majority consensus rates KSS a “hold” Most Wall Street analysts have retained their “hold” ratings for Kohl’s (KSS). Analysts are also on the sidelines for many other department
Sears Has a Shot at Survival Only if Lampert’s Bid Gets ApprovalHearing to take place on February 1 For some time now, Sears Holdings (SHLDQ) has been in the limelight for all the wrong reasons. Sears filed for bankruptcy in October 2018. Ever
Major consumer companies including Unilever (ULVR.L), Procter & Gamble (PG.N) and Nestle (NESN.S) are chasing consumers who want food and household goods delivered automatically, even though this kind of business has not always worked. The companies are pitching new online subscription services, which promise stable revenues, lower delivery costs and valuable data about customers. The world's biggest packaged food company, Nestle, whose Nespresso coffee is already a sizeable subscription business, recently launched a subscription programme for nutritional drinks in Japan and expanded ReadyRefresh, an online bottled water service, in the United States.
Kohl’s Growth Prospects in 2019(Continued from Prior Part)Forward PE multiples On January 16, Kohl’s (KSS) 12-month forward PE ratio was 12.1x. Meanwhile, Nordstrom (JWN), Macy’s (M), and Dillard’s (DDS) have PE ratios of 12.1x, 7.3x, and
Kohl’s Growth Prospects in 2019(Continued from Prior Part)Margin performance For the first three quarters of 2018, Kohl’s (KSS) gross margin expanded by 40 basis points to 37.8%, mostly due to higher full-price sales amid rising expenses.
Kohl’s Growth Prospects in 2019Future expectationsFor the fourth quarter of fiscal 2018, Wall Street analysts expect Kohl’s (KSS) sales to fall 2.7% YoY (year-over-year) to $6.59 billion. For fiscal 2018, analysts forecast sales growth of 1.1%
The past month's rousing market rally has been a rising tide lifting all boats. Every sector has participated in the broad-based boom, and some industries have even reclaimed all that was lost during December's disaster. The action in retail stocks has been particularly strong with many attractive stocks to buy. To assess the action, we'll use the SPDR Retail ETF (NYSE:XRT), which counts all of the sector's biggest companies among its holdings. Since bottoming at $38.10, XRT has climbed 15% to test the descending 50-day moving average. Two bullish developments from the past week suggest further upside could be in the offing. First, the down-gap caused by lousy earnings news from Macy's (NYSE:M) on Jan. 10 was rapidly reversed showing dip buyers remain aggressive. Second, XRT's ability to hold firm in the face of overhead resistance suggests sellers are thus far powerless to turn the fund lower. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Top 10 Global Stock Ideas for 2019 From RBC Capital With that said, here are three retail stocks to buy that stand out among the rest in the space. ### Bed Bath and Beyond (BBBY) Bed Bath and Beyond (NASDAQ:BBBY) entered this month's earnings release in desperate need of a positive catalyst. Deteriorating fundamentals have driven BBBY stock down as much as 87% from its 2013 peak before the recent rebound. Fortunately, the company was able to deliver earnings that beat estimates (18 cents versus 17 cents) and report improved guidance for 2019. The stock soared almost 30% in the three days after earnings before pulling back on profit-taking. This three-day retracement is creating an attractive low-risk entry for traders anticipating further upside. BBBY is now above its 20-day and 50-day moving averages, so bulls have wrested control of the short-term trend. And volume patterns look constructive with large volume accompanying the breakout and light volume during this week's retreat. Once BBBY breaks above a prior day's high, buy the May $14/$19 bull call spread for around $1.75. The risk is limited to $1.75, and the reward is limited to $3.25. ### Nike (NKE) The technical posture of Nike (NYSE:NKE) has improved considerably since Christmas. With the 18% rally off the lows, NKE stock has climbed back above all major moving averages, returning to key horizontal resistance near $79. This level has kept a lid on the shares ever since October, which means its eventual break will signal a major victory for bulls. It will also set Nike shares up for a run toward their 2018 high of $86.04. * 10 Growth Stocks With the Future Written All Over Them Implied volatility has come in considerably, making long premium plays more tempting than short ones. Buy the March $80/$85 bull call spread for around $1.50. The risk is limited to $1.50, and the reward is capped at $3.50. ### Lululemon Athletica (LULU) Source: ThinkorSwim Lululemon (NASDAQ:LULU) rounds out today's trio and carries one of the best looking charts in the retail sector. Its recent trend reversal higher received a boost on Monday when the company raised its guidance for fourth-quarter earnings. LULU stock gapped up and has continued climbing each day since. It's now testing an important horizontal resistance threshold around $147. Breaking above it should clear the runway for a ramp toward its all-time high of $164.79. And with all major moving averages now rising beneath the price, I see few reasons why LULU won't continue pushing north. To bank on the continued upside, buy the March $145/$155 bull call spread for $4.25. The risk is limited to $4.25, and the reward is limited to $5.75. As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to protect your portfolio against a crash. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Growth Stocks With the Future Written All Over Them * 7 Reasons Why Buffett's Bet on Apple Stock Is a Good One * 10 Companies That Could Post Decelerating Profits Compare Brokers The post 3 Retail Stocks to Buy As They Rise From the Ashes appeared first on InvestorPlace.
Macy's, J.C. Penney, Nordstrom and Kohl's each have given Wall Street a glimpse at how they performed this holiday season. And it doesn't look good.
Gymboree has filed for bankruptcy protection for a second time in as many years, but this time the children's clothing retailer will begin winding down operations for good. The San Francisco company said late Wednesday that it will close all of its Gymboree and Crazy 8 stores and attempt sell its Janie and Jack business, intellectual property and online business. "The company has worked diligently in recent months to explore options for Gymboree Group and its brands, and we are saddened and highly disappointed that we must move ahead with a wind-down of the Gymboree and Crazy 8 businesses," CEO Shaz Kahng said in a prepared statement.
Dividend investing is back in fashion as wild price swings in the stock market and prolonged uncertainties weigh on investor sentiment. Retail companies enjoyed a strong holiday season but online sales continue to eat into brick-and-mortar shops’ margins. Brazil came third as the nation’s stock market soared to all-time highs on positive momentum. Biotechnology shares marked a major reversal on mergers and encouraging trial data. Small caps closed the list as some investors are adding them back to their portfolios. Check out our previous Trends edition at Trending: Brazil Welcomes New President in Hope of Economic Resurgence.
Consumers were whipping out their credit cards more, but long term, is that going to be enough to let traditional chains prosper?
Building on a long history of women in leadership roles at Macy’s, Inc. (NYSE:M), the rich diversity of Macy’s, Inc.’s senior management will be in focus at the Shoptalk 2019 conference this March. The Shoptalk conference will be held at The Venetian in Las Vegas from March 3-6, 2019, with Macy’s, Inc. executives slated to discuss the breadth of the brand’s omnichannel customer experiences, vendor diversity, technology enhanced customer product experiences and next-generation retail formats. Diversity and Inclusion are core to our success, and I am so proud to have this incredible lineup represent us at this year’s Shoptalk conference,” said Jeff Gennette, Macy’s, Inc. chairman & chief executive officer.
Rating Action: Moody's affirms five classes and downgrades four classes of COMM 2012- LC4. Global Credit Research- 16 Jan 2019. Approximately $660.2 million of structured securities affected.
Goldman Sachs downgraded Nordstrom Inc. to neutral from buy as same-store sales growth on full-priced merchandise decelerates. Goldman has a $50 price target on Nordstrom stock. The downgrade follows the luxury retailer's holiday season sales announcement, which shows full-price same-store sales increased 0.3% compared with 1.9% growth for the third-quarter year-to-date. Nordstrom said full-price sales were below expectations. "Following two releases in which full-price comps have disappointed versus our expectations, we have fading confidence in the outlook for the core department store business, and see choppy gross margins as likely offsetting good news on costs as the company cycles generational investments," Goldman analysts led by Alexandra Walvis wrote in a note. The news follows disappointing results from retailers including Macy's Inc.. Nordstrom shares have sunk 8.4% in Wednesday premarket trading, and are down 24.5% over the past three months. The S&P 500 index has lost 7.1% in the last three months.
Nordstrom’s Holiday Sales: Another Department Store DisappointsNordstrom stock downNordstrom (JWN) stock declined about 4% in after-hours trading on January 15 after the company reported weak same-store sales for the holiday period. Nordstrom
JCPenney Hopes Key Executive Appointments Will Lead to TurnaroundNew leadership positionsJCPenney (JCP) stock rose 1.5% on January 15 in reaction to the mid-tier department store chain’s announcement of key executive appointments. JCPenney
As Jeff Gennette, the CEO of Macy's, laid out, there simply wasn't good follow through after Black Friday at the venerable chain. When he cut numbers, he cited specific categories of weakness: women's sportswear, fashion jewelry (not fine jewelry, which did well) fashion watches and cosmetics.
Nordstrom said Tuesday evening that it now expects its diluted earnings per share for fiscal 2018 to fall on the low end of a prior range of $3.27 to $3.37.
Compensation Advisory Partners Associate Ryan Colucci and Founding Partner Melissa Burek By John Jannarone 100x? 1000x? The ratio of CEO compensation to median employee income can be a staggering figure – one that some companies feared would cause uproar among staff and journalists when they were widely reported in public filings over the last year. […]