TGT

October Retail Roundup

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During October, the US consumer remained resilient while much of corporate America stagnated in anticipation of the presidential election and the looming fiscal cliff. Let’s take a look at retail sales results for the month. Nordstrom Nordstrom (click ticker for report: ) continues to be a standout performer in the luxury retail space, with October same-store sales surging 9.8% year-over-year. Nordstrom Rack continued to outperform the traditional stores, growing 10.5% year-over-year compared to 10.2% for traditional stores. We remain huge supporters of the firm’s expansion plans, and we believe its execution is unbeatable in the retailer industry. Nevertheless, we believe shares are fairly valued. Gap Gap’s (click ticker for report: ) October results weren’t quite as strong as September results, … Read more

Safeway’s Earnings Beat But the Grocer Remains Weak

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Grocery store chain Safeway (click ticker for report: ) reported soft third-quarter results Thursday morning. Revenue slipped 0.2% year-over-year to $10 billion, slightly worse than consensus expectations. Earnings from operations grew 18% year-over-year to $0.45 per share, a few cents better than consensus estimates. As we’ve noted several times, and specifically with respect to Supervalu (click ticker for report: ), the grocery segment remains under intense pressure from warehouses and discounters. Same-store sales in the quarter ticked-up 0.1%, compared to the 6% same-store sales growth we saw from Costco (click ticker for report: ) yesterday. However, the firm noted that same-store sales in the fourth quarter are currently running at 1%, driven by the popularity of the “just for U” … Read more

Search Dividend Reports by Company Name: Q to Z

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Going forward, please use the ‘Symbol’ search box to download stock and dividend reports of companies you are interested in. The ‘Symbol’ search box can be found in our website header. Image shown from above. Use the active search box in the website header above. Learn more about your membership >>  Note: We have now discontinued this list. Please use the ‘Symbol’ search box in the website header for stock and dividend reports. Please read about our Valuentum Dividend Cushion score (ratio) here. Just having access to this valuable metric alone could save your income portfolio thousands of dollars! The past meets the future as we showcase the Valuentum Dividend Cushion scores of Dividend Aristocrats in this article (click here). The dividend reports below … Read more