Eye-on-Retail Tipsheet 11/15/12: Walmart Q3 earnings highlights

Breaking News — Highlights from Walmart’s Q3 earnings release this morning… Q3 Earnings:  $1.08/share (vs. $1.07/share expected by analysts) an 11.3% increase from $.97/share in the same quarter a year ago. Q3 Net Sales:  $113.2 billion, an increase of 3.4% from Q3 last year. Q3 Comp Sales US:  +1.5% in 13-week period ending Oct. 26, […]

Eye-on-Retail Tipsheet 11/14/12

Home Depot 3Q results edge up, beat Street’s view by Mae Anderson in AP.  “Blake’s statement signaled a “stronger tone” on the housing market than in prior quarters, said NBG Productions analyst Brian S. Sozzi, who called the remarks encouraging.”  https://www.google.com/hostednews/ap/article/ALeqM5h5wqndoxklbLIiQhqZaE6NLqJ6Ng?docId=4a922de3266b404ea8ce2fcf2b7096a8 —————————————————————————————————- Digging deeper into the Home Depot earnings call….   Pro business Frank Blake: […]

Eye-on-Retail Tipsheet 11/13/12

Today at a glance: Home Depot Q3 earnings call @ 9:00am EST.  https://phx.corporate-ir.net/phoenix.zhtml?c=63646&p=irol-irhome&HD%20INVESTOR&viewTaskName=ExternalDirectView CVS to present at Lazard Capital Markets 9th Annual Healthcare Conference @ 9:00am EST. https://phx.corporate-ir.net/phoenix.zhtml?c=99533&p=irol-EventDetails&EventId=4864716  Dick’s Sporting Goods — conference call to discuss Q3 earnings @ 10:00am EST. https://www.dickssportinggoods.com/investors Rite Aid to present at Morgan Stanley Global Consumer & Retail Conference November 13 @ 1:35 EST.  https://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsLang=en&newsId=20121109005892&div=-1245645151 Walgreens  to present […]

Eye-on-Retail Tipsheet 11/12/12

“Rona president and CEO steps down after 20 years” from Maclean’s:  “One of Rona’s largest shareholders says the home-improvement retailer’s board should launch discussions with U.S. rival Lowe’s following the sudden departure of long-time chief executive Robert Dutton…”Clearly, retailing has changed dramatically and you’ve got a tremendous competitor in Home Depot… the best course would […]

Eye-on-Retail Tipsheet 11/9/12

Walmart “Guarantees” Customers its Best Black Friday Ever.  “This year, Walmart will be kicking off its in-store specials at 8 p.m. on Thanksgiving Day, followed by its big electronics event at 10 p.m. and a weekend full of savings starting at 5 a.m. on Friday, November 23.”  https://news.walmart.com/news-archive/2012/11/08/walmart-guarantees-customers-its-best-black-friday-ever “Twitter Chat” with Walmart sustainability Exec Brooke […]

Eye-on-Retail Thursday Tipsheet

Eye-on-Retail Retail Intel for the Vendor Community 11/8/12 “One on One with The Home Depot’s Carol Tome” from Womenetics.com:  Defining Success — “I like to refer to what Maya Angelou said about success: ‘Pursue the things you love doing and then do them so well that people can’t take their eyes off of you.’ And in […]