Friday Tipsheet: Costco’s Secret Codes | Target & Dollar Tree – Call Highlights | 1st Wmart C-Store on Track

  Dissecting Target’s Q3 Earnings Call:  Top 10 Main Things Gregg Steinhafel, Chairman & CEO * Guests continue to consolidate trips as evidenced by a slight decline in our third quarter transactions which was offset by an increase in average ticket. * The response to Cartwheel, our digital coupon portable, has been remarkable. Cartwheel now has […]

Thursday Tipsheet: Breaking: Target Q3 Comps +.9% | Lowe’s Call Hlights | Wmart & New Suppliers

  “Breaking:  Target Q3 Comp Sales Up Sluggish .9%”  “In third quarter 2013, sales increased 2.0 percent to $16.9 billion from $16.6 billion last year, reflecting a 0.9 percent increase in comparable sales.”  Read the Full Release   “Target earnings beat; shares slip on light sales” at CNBC.  “Target on Thursday reported comparable sales rose […]

Wednesday Tipsheet: 100’s Line Up @ Costco | Lowe’s Comp +6.2% | H.Depot Call Highlights | Wgreen Cuts at HQ

  “Lowe’s Q3 Comps Up 6.2%”  “Sales for the quarter increased 7.3 percent to $13.0 billion from $12.1 billion in the third quarter of 2012, and comparable sales for the quarter increased 6.2 percent. For the nine month period, sales were $41.8 billion, a 5.8 percent increase over the same period a year ago, and […]

Tuesday Tipsheet: Breaking Comps: H.Depot +8.2%; Dick’s +3.3%; B.Buy +1.7% | Costco’s Fictional Bible

  “Home Depot U.S. Comps Jump 8.2% in Q3.”  Highlights: * U.S. comps +8.2% * Overall comps +7.4% * # of customer transactions +4% * Avg. ticket +3.2% * Sales increased 7.4% to $19.5 Bil * Raises full year comp guidance to +7% *  Frank Blake: “”Our third quarter results reflect the continuing improvement in […]

Monday Tipsheet: Should Wmart Get Rid of Sam’s? | Costco #5 Down Under | Walmart Invades Twin Cities

  This Weeks Earnings Calendar: 11/19:  Home Depot, Dick’s, Best Buy 11/20:  Lowe’s, JCP, Staples 11/21:  Target, Dollar Tree   “Costco Opens Stores #4 and #5 in Australia” by Anne Davies at Sydney Morning Herald.  “In fiscal year 2012-13 Costco snared $600 million of the grocery and retail market. While it remains a minnow compared […]

Friday Tipsheet: Walmart/Sam’s Earnings Call Highlights | BJ’s & Costco: More Turkey Time | Menard Saga Continues

  Walmart & Sam’s:  Dissecting the 11/14/13 Earnings Call: Rosalind Brewer on Sam’s * Q3: opened 13 new and relocated clubs. * Sam’s Club comp of 1.1% without fuel. * Comp traffic grew 2.4% and comp ticket by 1.3% driven by softness in our tobacco business. * Grocery and beverage: low single-digit comp. * Technology and entertainment:  mid-single-digit negative […]