|
|
Recent Articles
-
TJX Reports Strong First Quarter Results; Raises Fiscal 2025 Guidance
May 22, 2024
-
On May 22, TJX Companies reported strong first quarter results and increased its outlook for fiscal 2025. Net sales for the quarter ended May 4, 2024, advanced ~6% from the same period a year ago thanks in part to consolidated same store sales that increased ~3% due to strength in customer transactions. Diluted earnings per share came in at $0.93 versus $0.76 in the same period of fiscal 2024. The off-price apparel and home fashions retailer continues to deliver for consumers and investors alike. We like the company.
-
Target’s First Quarter Results Weren’t as Good as Walmart’s
May 22, 2024
-
Image Source: Target.
Though Target is working hard to get back on track, it's difficult for us to grow excited about dabbling in Target’s shares given the stiff 3.1% decline in total revenue in the first quarter coupled with increased competition from Walmart and Costco that won’t be going away. We think Walmart and Costco are much better positioned for the current market environment than Target.
-
Lowe’s First Quarter Results Come in Better Than Feared
May 21, 2024
-
Image Source: Lowe's.
Lowe’s continues to navigate a post-pandemic market environment and a relatively stagnant housing market. Comparable store sales were impacted by sluggish Do-It-Yourself [DIY] big ticket discretionary purchases, but strength was evident in sales in Pro and online. The firm reaffirmed its 2024 outlook.
-
Latest Report Updates
May 17, 2024
-
Check out the latest report updates on the website.
|
