These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Tuesday. Annaly Capital Management Inc. (NYSE: NLY) maintained Neutral but cut target to $17…
Retail sales growth in June were expected to be weak compared with sales a year ago, and the predictions came true. Sales growth last June was a tough comparison because sales in…
Retailers are reporting May same-store sales today and it looks like the predictions for modest growth are being realized. Research firm Retail Metrics Inc. forecast that same-store sales would grow by just…
Retailers are reporting April same-store sales today and it looks like the predictions for modest growth will come true. Research firm Retail Metrics Inc. forecast that same-store sales would grow by just…
The three major US equities indexes opened higher this morning on the news from Europe that the Greek debt swap deal would be a success. That prediction turned out to be solid,…
Clothing retailer Stein Mart Inc. (NASDAQ: SMRT) reported fourth-quarter and full-year earnings this morning that missed consensus estimates. For the quarter, the company posted adjusted EPS of $0.15, compared with a consensus…
Paul Ausick Retailers have been posting same-store sales figures for February this morning, and most are posting better-than-expected numbers — in some cases, much better than expected. We have reports from 15 companies: Costco…
US retailers are reporting December same-store sales today, and here’s a wrap-up of the results as of about 10 a.m. this morning. Reports were in from Costco Wholesale Corp. (NASDAQ: COST), Target…
Retailers are out with October sales reports and the news is mixed. Perhaps the biggest surprise was teen clothing store Zumiez Inc. (NASDAQ:ZUMZ), which saw same-store sales soar 21.5% in the month.…
Each year some large retailers face the fall-out of a weak holiday season. The problem was particularly acute in 2009 because the improvement from 2008 was modest if there was any improvement…
Cato Corp (CTR) Drop in Q3 numbers and poor guidance for Q4. Falls to $14.45 from 52-week high of $25.66. Mens Wearhouse (MW) Emperor has no cloths. Bad earnings. Drops to $33.62…
