Tipsheet: D. Gen -4.6% | F. Dol -2.8% | B.Buy +37.2% | Buffett #3 @ Kroger

  Best Buy Q1 enterprise comp sales +37.2% Press release   Dollar Tree Q1 comp sales: Enterprise +0.8% / Dollar Tree +4.7% / Family Dollar -2.8% Press release   Dollar General Q1 comp sales decreased 4.6% Press release   Burlington Stores Inc. comp sales +20% vs. 2019 Press release   Gap expands into home under […]

Tipsheet: AutoZone +28.9% | Amazon Ad Rev $22.4B | WM ‘Bad Actor’

  AutoZone 3rd Quarter comp sales increase 28.9% “As of May 8, 2021, the Company had 5,975 stores in the U.S., 635 in Mexico and 47 in Brazil for a total store count of 6,657.” Press release   Deodorant, Teeth Whitener Fly Off the Shelves at Wall Street Journal. “Beauty products and teeth whiteners were […]

Tipsheet: F. Locker +80% | Badwill | BJ’s Wholesale @ Pitt | FTC Prods Amazon

  Foot Locker Q1 comp sales +80.3% Press release   Ross Stores Q1 comp sales +13% vs. 2019 Press release   The Buckle Q1 net sales +48.6% vs. 2019 Press release   Amazon internal messages show the FTC is prodding the tech giant to punish fake-review schemers at Recode. “Communications between Amazon employees viewed by […]

Tipsheet: Furry Annuity | BJ’s -5% | Death By a 1000 Nibbles

  Petco Q1 comp sales +28% Press release   …FURRY ANNUITY – Petco swings to a profit and boosts forecast, citing customer growth at CNBC. “You might get a Peloton once, you might redo your garage once, but once you have a new furry friend they are going to need to be fed, they are […]

Tipsheet: Target +22.9% | Lowe’s +25.9% | TJX +16% | Google/Shopify Team

  Target Q1 comp sales +22.9% “Store comparable sales increased 18.0 percent…Digital comparable sales grew 50 percent…Same-day services (Order Pickup, Drive Up and Shipt) grew more than 90 percent…More than 95 percent of Target’s first quarter sales were fulfilled by its stores.” Press release   …Target forecasts rising sales after bumper quarter as more Americans […]

Tipsheet: CVS New CFO | Target #26 Citizen | Sam’s +7.2% | Shein Overtakes Amazon

  Walmart US Q1 comp sales +6.0% / Sam’s Club comp sales +7.2% Press release   …Pent-up demand, stimulus power Walmart’s ‘optimism’ for the year at Reuters. “Our optimism is higher than it was at the beginning of the year. In the U.S., customers clearly want to get out and shop,” Chief Executive Officer Doug […]