Ockham Research Staff @ January 14, 2009 # No Comment Yet
We have Tiffany’s rated positively but that may be due for a change as today TIF reported less than stellar holiday results. However, Tiffany’s is doing much better than its cheaper competitor Signet. In my opinion, its got to be those neat little blue boxes.
More on: Tiffany’s U.S. Customers Battening Down the Hatches
Ockham Research Staff @ January 9, 2009 # No Comment Yet
So, we all expected holiday shopping to be weak, but it was even worse than expected. Retail results for the month of December continue to be released and the results are pathetic, but the discounters continue to be the only stocks we could recommend in this sector.
More on: Retail Staggers into the New Year
Ockham Research Staff @ November 7, 2008 # 2 Comments
BJ’s (enter joke here) has continued to post extremely impressive sales gains in recent months, in part do to the economic downturn. What’s more, the company has aggressively expanded its store presence coming into the down turn and sharholders are actually up so far this year!
More on: Another Blowout Month for BJ’s Wholesale
Ockham Research Staff @ November 4, 2008 # No Comment Yet
As evidence is mounting that the auto industry is stalling, it is logical to assume that auto parts retailers will stand to benefit from this trend. While we believe that this trend is legitimate, we think that AutoZone is not the best value in the segment. Please read on to see where to better take advantage of this trend.
More on: Auto Sales Plunging: Will AutoZone Benefit?
Ockham Research Staff @ July 10, 2008 # No Comment Yet
Wal-Mart has gone in the opposite direction of the broad market indexes thus far this year (up 20%). June same-store sales were up 5.8% which was well ahead of estimates of only 2%-4% increase. Interestingly, Ockham is still very positive on Wal-Mart from a long term value perspective.
More on: Wal-Mart Gets Boost from Stimulus Checks
Ockham Research Staff @ May 29, 2008 # No Comment Yet
Costco Wholesale Corp. (COST) narrowly beat estimates in their fiscal 3rd quarter which ended May 11. Consensus estimates for the bulk retailer called for profit of $.65 per share and revenues of $16.33 billion for the quarter. The results were slightly better at $.67 profit per share and $16.61 billion in revenue. The results were […]
More on: Investors Won’t Find a Bargain in Costco
Ockham Research Staff @ May 28, 2008 # No Comment Yet
Polo Ralph Lauren Corp. (RL) appears to have avoided to a large extent last quarter’s slump in consumer spending as it easily beat estimates. Polo released data for its fiscal fourth quarter ended March 29, and the company boosted its net income by 41%. On a per share basis, income was about $1 per share […]
More on: Polo Scores with Strong Quarterly Results
Ockham Research Staff @ May 22, 2008 # One Comment
Dick’s Sporting Goods (DKS) came out with first quarter earnings that were in line with analyst estimates. However, the forecast for the second quarter and the full year were well below what many had expected. Profit also slipped in the quarter due in part to higher material costs and slower sales than expected. Incidentally, Ockham […]
More on: Dick’s Sporting Goods Downgraded
Ockham Research Staff @ May 19, 2008 # No Comment Yet
Lowe’s Companies (LOW), the second largest home improvement retailer, experienced a tough first quarter. Profits fell 18%, triggered by a weak housing market, slowing consumer spending and fuel and food inflation. All of these factors contributed to weaker than expected numbers and Lowe’s management lowered already-conservative earnings guidance for the full year by about 20%. […]
More on: How Lowe Can You Go?