Retail

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McDonald’s (MCD) Has Boffo February

McDonald’s amazed even itself with magnificent same-store sales in February. Ronald McDonald and the other clowns in management watched the firm post February comparable sales which increased 8.3% in the U.S. as McDonald’s market-…

Douglas A. McIntyre · 18 years ago

Recession Over: Sharper Images Takes Gift Cards Again

When Sharper Image’s sales fell so low that it could not make its debt service, the retailer filed for Chapter 11. Part of its cost cutting was a decision to stop taking gift cards…

Douglas A. McIntyre · 18 years ago

Wal-Mart Juices Dividends (WMT)

Wal-Mart Stores Inc. (NYSE: WMT) already gave stronger sales than most this morning, but the company is doing another shareholder friendly initiative that is far better than a stock buyback:  It is hiking its…

Douglas A. McIntyre · 18 years ago

Urban Outfitters Proves Its Performance (URBN)

Urban Outfitters (NASDAQ: URBN) showed why its stock has done well while others in retail have floundered for much of the last quarter.  The apparel store posted earnings of $0.32 EPS on 29% revenues…

Douglas A. McIntyre · 18 years ago

Big Lots Short Sellers Run for the Hills (BIG)

Big Lots Inc. (NYSE: BIG) has managed to beat lower and lower estimates this morning and its guidance for fiscal 2009 has sent the short sellers scrambling.  The discount retailer posted $0.93 EPS for…

Douglas A. McIntyre · 18 years ago

Costco Mostly In-Line Earnings (COST)

Costco Wholesale Corp. (NASDAQ: COST) has posted earnings of $0.74 per share EPS on revenues of $16.62 Billion.  First Call had estimates at $0.74 on EPS and $16.85 Billion in revenues. For Feb/March, Costco…

Douglas A. McIntyre · 18 years ago

Finish Line, Better Lucky Than Good (FINL, GCO, UBS)

If there is one company that needed to get out of its crazy merger, it was Finish Line. Inc. (NASDAQ: FINL).  The company last year made a greatly leveraged buyout offer to acquire Genesco…

Douglas A. McIntyre · 18 years ago

Dollar Tree Reorganizes, Sort Of (DLTR)

Dollar Tree Stores, Inc. (NASDAQ:DLTR) has announced that it has reorganized its structure by creating a new holding company structure.  The effective date is today. The company noted that the primary purpose of the…

Douglas A. McIntyre · 18 years ago

Starbucks (SBUX): Any Benefit From Re-Training?

The staff at most of the Starbucks (NYSE: SBUX) recently went though a few hours for training. The nationwide program was designed to make the people working in the stores do a better job…

Douglas A. McIntyre · 18 years ago

Starbucks (SBUX): Coffee Costs Give Margins Another Squeeze

Starbucks (NASDAQ: SBUX) retrained most of its store workers last week. Howard Schultz, the returned founder and CEO, has replaced a number of the lame-brains in senior management. It would be hard to tell…

Douglas A. McIntyre · 18 years ago

Urban Outfitters: Rare Retail Winner Ahead of Earnings (URBN)

On Thursday morning we’ll get to see earnings out of Urban Outfitters Inc. (NASDAQ: URBN). The estimates for the specialty retail company from First Call are $462.28 million in revenues.  Next quarter estimates are…

Douglas A. McIntyre · 18 years ago

Clothing Retailers Wait For Chico’s FAS Earnings (CHS, CWTR)

On Tuesday afternoon we’ll get to see earnings out of Chico’s FAS Inc. (NYSE: CHS). The estimates for the specialty womens retailer from First Call are $416.93 million in revenues.  Next quarter estimates are…

Douglas A. McIntyre · 18 years ago

Short Sellers In Big Lots Ahead of Earnings (BIG)

On Wednesday morning we’ll get to see earnings out of Big Lots Inc. (NYSE: BIG). The estimates for the closeout retailer from First Call are $0.84 EPS on $1.41 billion in revenues.  Next quarter…

Douglas A. McIntyre · 18 years ago

The CarMax Hurdle (KMX, BRK.A)

This morning, Business Week in its "INSIDE WALL STREET" section has featured CarMax (NYSE: KMX) positively, mainly noting that Warren Buffett’s Berkshire Hathaway (NYSE: BRK/A) raised his stake by another half recently to 9.6%. …

Douglas A. McIntyre · 19 years ago

Gap’s ‘Less-Bad’ News Not All Bad (GPS)

Gap, Inc. (NYSE: GPS) is seeing a 5% rise after the ailing casual apparel retailer reported earnings.  The company posted $0.25 EPS with a 5% revenue drop to $4.67 Billion, and First Call estimate…

Douglas A. McIntyre · 19 years ago