On Wednesday morning we’ll get to see earnings out of upscale warehouse retailer Costco Wholesale Corporation (NASDAQ: COST). The estimates from First Call are $0.65 EPS on $16.3 Billion in revenues. Next quarter estimates…
The worst may have been seen in many of the US apparel makers. At least that is what Polo Ralph Lauren Corporation (NYSE: RL) is trying to communicate on its own operations. The company…
There is one key thing that the U.S. Dollar weakness could bring about if the dollar stays where it is. If it continues its slide next year even though our interest rate futures are…
American Eagle Outfitters Inc. (NYSE: AEO) has been one of those great success stories for teens and twenty-somethings. Until last year and this year. For April, its same-store sales came in at +2%. This…
McDonald’s (MCD) is taking a risk, but it may be a clever one. The world’s largest fast food chain will absorb most of the rising prices of food commodities to keep prices which customers…
CVS Caremark Corp. (NYSE: CVS) has announced that the company will buy back up to $2 Billion worth of common stock from time to time in the open markets during 2008 and 2009. The…
Target Corporation (NYSE:TGT) has reported its Q1 net income of $602 million, down from $651million in the same quarter in 2007. It saw a 1.4% drop in earnings per share to $0.74 EPS on…
Goldman Sachs has noted that an analyst named Brad Cragin has left the firm, and his former targets and ratings in specialty apparel names are no longer in effect. These are some of the…
Yesterday was a more than interesting day for Starbucks Corp. (NASDAQ: SBUX). The stock rose more than 6% to $17.05 after funds disclosed stakes in the coffee retailing giant. Activist investor Nelson Peltz disclosed…
Del Monte Foods Company (NYSE: DLM) is responding to written reports and confirmed that the company is exploring strategic alternatives for its seafood business, which could include a potential sale of the business. Of…
On Tuesday, May 20, 2008, we’ll see earnings out of Target Corporation (NYSE: TGT) and we’ll get to see just how the "recessed" client base is as far as shopping on a relative basis. …
Wal-Mart (WMT) is setting up standards for toy makers which are much tougher than those issued by the Feds. It wants its customers to know that is it cracking down, especially on dangerous products…
The TJX Companies, Inc. (NYSE: TJX) did beat estimates this morning and showed that discounters and clearance merchandise retailers that get it can do well in a slowing economy. Unfortunately, its guidance is only…
While most retailers are simply trying to stay out of Chapter 11, Wal-Mart posted an extraordinary quarter. It was even more impressive because, as the world’s largest retailer, it must fight the law of…
Tuesday after the close, we’ll get to see earnings out of Whole Foods Market Inc. (NASDAQ: WFMI). The estimates for the organic food grocer from First Call are $0.30 EPS on $1.89 billion in…