78.89 0.00 (0.00%)
After hours: 5:49PM EST
|Bid||77.51 x 800|
|Ask||85.99 x 1300|
|Day's Range||78.65 - 79.92|
|52 Week Range||73.76 - 104.35|
|Beta (3Y Monthly)||0.56|
|PE Ratio (TTM)||18.53|
|Earnings Date||Mar 4, 2019 - Mar 8, 2019|
|Forward Dividend & Yield||0.90 (1.14%)|
|1y Target Est||94.78|
Investing.com - Consumer stocks got a boost midday as Olive Garden parent Darden Restaurants (NYSE:DRI) raised its forecast for next year.The company said same-store sales grew by 2.1%, while its earnings per share share came in at $0.92 compared with estimates of $0.91. The company's overall sales were slightly lower than expected at $1.97 billion.Olive Garden saw the largest growth, along with LongHorn Steakhouse. Darden jumped about 4.5% in midday trading.Darden boosted its full-year EPS guidance to $5.60-$5.70 from $5.52-$5.65. ...
Darden's (DRI) results in second-quarter fiscal 2019 are likely to be driven by robust sales at Olive Garden & LongHorn brands.
Costco (COST) continues to be one of the dominant warehouse retailers based on the breadth and quality of merchandise offered.
Reputable billionaire investors such as Nelson Peltz and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won’t accept your savings unless you commit at least $5 million) by pinpointing winning small-cap […]
None of those names are solid setups headed into Tuesday’s trading, but the stock charts of Morgan Stanley (NYSE:MS), Ross Stores (NASDAQ:ROST) and Dominion Energy (NYSE:D) are worth a closer look. Morgan Stanley was one of the stock charts in focus a couple of weeks ago, when MS stock peeled back from a familiar, established technical ceiling. In fact, it’s still technically trapped in the downtrend framed by that falling resistance level.
In 2014 Barbara Rentler was appointed CEO of Ross Stores Inc (NASDAQ:ROST). First, this article will compare CEO compensation with compensation at other large companies. After that, we will consider Read More...
The retailers who are more exposed to tariffs may be better positioned to see their stocks move up soon. This could mean good news for companies that could have gotten hurt by increased tariffs, but now will not get hurt, at least for the moment. "We expect the delay to have a positive impact on the stocks that have the most exposure to the issue," Wells Fargo analyst Ike Boruchow wrote in a note to clients.
Burlington Stores reported strong Q3 results, with earnings growth accelerating yet again. Shares of the off-price apparel retailer jumped early.
Burlington Stores (BURL) stock rose about 7% in pre-market hours on November 28 in reaction to strong results for the third quarter of fiscal 2018. Investors were also pleased as the off-price retailer raised its guidance for fiscal 2018. The company’s stock was up 10.6% as at 11:42 am EST today.
Better price management, strong membership trends and increasing penetration of e-commerce business have aided Costco (COST) in sustaining impressive comps run.
Ross Stores (NASDAQ:ROST) reported earnings Tuesday before the bell and got sold hard in the aftermath. Well, Ross stock beat earnings and fell slightly short on revenue estimates. Margins were pinched by higher transport costs and rising wages, but not terribly so.
Burlington Stores (BURL) is slated to announce its results for the third quarter of fiscal 2018 on November 28. Burlington Stores’ stock has risen 20.6% on a year-to-date basis as of November 23. The company’s off-price model has helped it deliver same-store sales growth for 22 straight quarters.
Earlier in this series, we discussed the falls in the stocks of TJX Companies (TJX) and Ross Stores (ROST) following their third-quarter earnings releases. Negative sentiments in the retail sector and concerns about the impact of increased costs—mainly freight costs and wages—pulled down the companies’ valuation multiples.
Including the favorable impact of a tax benefit, TJX Companies’ (TJX) adjusted EPS rose 26% to $0.63 in the third quarter of fiscal 2019, which ended on November 3. Analysts had expected the leading off-price retailer to deliver adjusted EPS of $0.61. TJX Companies’ earnings growth was driven by higher sales, reduced net interest expenses, and a lower effective tax rate. The company’s fiscal 2019 third-quarter EPS also benefited from a lower diluted share count, reflecting the impact of share repurchases.
Off-price retailers TJX Companies (TJX) and Ross Stores (ROST) continued to outperform major department stores in terms of sales growth in their most recent quarters.
Both TJX Companies (TJX) and Ross Stores (ROST) exceeded earnings expectations in their fiscal third quarters. For TJX Companies, the third quarter of fiscal 2019 ended on November 3. For Ross Stores, the third quarter of fiscal 2018 ended on November 3.
The Zacks Analyst Blog Highlights: Spirit Airlines, Hertz Global Holdings, Macy's, Target and Ross Stores
Ross Stores (ROST) faces headwinds related to higher freight costs and wage investments that are weighing on margins. But, merchandising efforts and store expansion should cushion long-term growth.
Ross Stores, Inc. (NASDAQ: ROST ) shares traded lower despite reporting a third-quarter earnings beat Tuesday. The discount retailer reported third-quarter earnings of 91 cents per share, beating estimates ...
Retailers are poised for a blockbuster holiday shopping season with sales expected to top $1 trillion. Yahoo Finance's Julie Hyman, Adam Shapiro, Melody Hahm and Cathy Leonhardt, Cathy Leonhardt - Co-Head of Global Retail Group, PJ Solomon discuss.
Gap is looking to close locations across the country 'quickly and aggressively'. Yahoo Finance's Julie Hyman, Adam Shapiro and Brian Sozzi discuss.