Breaking this morning…Lowe’s Q3 Earnings Lowe’s Reports Third Quarter Sales and Earnings Results. Highlights: Q3 comparable comp sales +1.3% (vs. Home Depot Q3 comp sales +4.2%) Q3 net earnings of $396 million, a 76% increase vs. same period a year ago (vs. Home Depot Q3 net earnings of $947 million) Lowe’s full year anticipated sales […]
Highlights from Target Q3 Earnings Call on 11/15/12 Q3 US sales increased 3.4% to 16.6 billion in third quarter 2012 from 16.1 billion last year Q3 US comp +2.9% Heard on the call… Online: Free wi-fi now rolled out across the chain. Target sees a halo effect from stores to their online site. Not currently […]
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, […]
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: […]
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 […]
“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 11/19/12
/in Eye-on-RetailBreaking this morning…Lowe’s Q3 Earnings Lowe’s Reports Third Quarter Sales and Earnings Results. Highlights: Q3 comparable comp sales +1.3% (vs. Home Depot Q3 comp sales +4.2%) Q3 net earnings of $396 million, a 76% increase vs. same period a year ago (vs. Home Depot Q3 net earnings of $947 million) Lowe’s full year anticipated sales […]
Eye-on-Retail Tipsheet 11/16/12; Target & Dollar Tree release Q3 earnings
/in Eye-on-RetailHighlights from Target Q3 Earnings Call on 11/15/12 Q3 US sales increased 3.4% to 16.6 billion in third quarter 2012 from 16.1 billion last year Q3 US comp +2.9% Heard on the call… Online: Free wi-fi now rolled out across the chain. Target sees a halo effect from stores to their online site. Not currently […]
Eye-on-Retail Tipsheet 11/15/12: Walmart Q3 earnings highlights
/in Eye-on-RetailBreaking 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
/in Eye-on-RetailHome 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
/in Eye-on-RetailToday 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
/in Eye-on-Retail“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 […]