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Overstock CEO: People 'Still Aren't Ready' To Shop In Stores
Wednesday, June 17, 2020 - 2:00pm | 370Read More...Overstock.com Inc (NASDAQ: OSTK) said its retail sales in April and May were up 120% year-over-year as the company is a beneficiary from the stay-at-home environment and the company expects to see continued momentum in the near-term, Overstock CEO Jonathan Johnson said during a Fox Business...
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Stifel Downgrades Wayfair After Q1 Print, Says Coronavirus Sales Surge Will Dissipate
Tuesday, May 5, 2020 - 10:48pm | 471Read More...Online furniture company Wayfair Inc (NYSE: W) disclosed 90% revenue in the second quarter, but investors shouldn't expect this "unprecedented" surge in sales to last forever, according to Stifel. The Wayfair Analyst Scott Devitt downgraded Wayfair from Hold to Sell with a...
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Why Kroger Is Testing Same-Day Furniture Delivery
Thursday, April 23, 2020 - 6:28pm | 355Read More...Grocery chain Kroger Co (NYSE: KR) is teaming up with on-demand shipping company Frayt to experiment with same-day delivery of outdoor furnishing products to consumers, Grocery Dive reported. What Happened Several Kroger Marketplaces stores in Cincinnati and Dayton, Ohio and Northern Kentucky...
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Art Van Going Out of Business Ahead Of Expected Bankruptcy; Liquidating, Selling Furniture Stores
Thursday, March 5, 2020 - 4:23pm | 394Read More...Warren, Michigan-based Art Van Furniture said Thursday it is going out of business and beginning liquidation sales at all company-owned stores in the Upper Midwest. AVF Holdings, Inc., said in a press release that it will liquidate the merchandise at Art Van stores in Michigan Illinois, Indiana,...
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Wayfair's Near-Term Recovery 'Not In Sight,' Morgan Stanley Says In Downgrade
Monday, February 24, 2020 - 11:38am | 376Read More...Morgan Stanley turned bearish on online furniture retailer Wayfair Inc (NYSE: W) as any signs of a turnaround are "not in sight." The Wayfair Analyst Simeon Gutman downgraded Wayfair from Equal-Weight to Underweight with a price target lowered from $75 to $65. The Wayfair Thesis Investor...
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Raymond James: Steelcase A Strong Buy After Wednesday's 'Puzzling' Decline
Thursday, March 21, 2019 - 2:50pm | 385Read More...Office furniture maker Steelcase Inc. (NYSE: SCS) reported fourth-quarter results Tuesday that prompted a "puzzling" 14-percent decline in the stock Wednesday, according to Raymond James. The Analyst Raymond James' Budd Bugatch upgraded Steelcase from Outperform to Strong Buy...
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Bearish Analysts Discuss Williams-Sonoma's Strong Q4 Earnings
Thursday, March 21, 2019 - 1:28pm | 521Read More...Specialty retailer Williams-Sonoma, Inc. (NYSE: WSM) reported a better-than-expected fourth quarter report and encouraging guidance, but fell short of convincing three Street analysts to turn more positive on the stock. The Analysts Bank of America's Curtis Nagle maintains an Underperform...
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3 Key Reasons Credit Suisse Turns Bullish On Wayfair
Monday, January 28, 2019 - 5:11pm | 438Read More...After taking a closer look at several of the more prominent bear-bull debates surrounding Wayfair Inc (NYSE: W), Credit Suisse is confident to make the bullish case for the online home goods and furniture company. The Analyst Credit Suisse's Stephen Ju upgraded Wayfair from Neutral to...
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What The Street Is Saying After RH's Strong Q3 Print
Tuesday, December 4, 2018 - 2:41pm | 815Read More...Luxury home furnishing retailer RH (NYSE: RH), formerly known as Restoration Hardware, reported a blowout third-quarter earnings highlighted by a top-and-bottom line beat, an upward revision to management's fourth quarter and full year 2018 outlook, and encouraging 2019 guidance. On Tuesday...
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Wells Fargo: Street Estimates For RH Are Too Low, Valuation Doesn't Reflect Growth Outlook
Tuesday, November 27, 2018 - 4:48pm | 484Read More...If the economic cycle is near its peak, investors shouldn't be faulted for being lukewarm on luxury retailers including RH (NYSE: RH) — but a bullish case for the stock remains, according to Wells Fargo. The Analyst Analyst Zachary Fadem reinstated coverage of RH with...
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Wedbush: Unlike Many Retail Peers, RH Is 'Thriving'
Tuesday, October 23, 2018 - 3:36pm | 355Read More...Many home furnishing retailers are struggling, but RH (NYSE: RH) stands out as "thriving," according to Wedbush. The Analyst Wedbush's Seth Basham initiated coverage of RH with an Outperform rating and $145 price target. The Thesis RH stands out among its home furnishing retail group...
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RH's Retail Strategy, Recent Pullback Turn Stifel Bullish
Friday, October 12, 2018 - 2:58pm | 463Read More...RH (NYSE: RH)'s financial profile has meaningfully improved, according to Stifel. The Analyst Analyst John Baugh upgraded RH from Hold to Buy and raised the price target from $142 to $150. The Thesis RH’s strategy has been to increase retail square footage in an...
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Amazon's New Scout Business Sends Wayfair's Stock Lower
Wednesday, September 19, 2018 - 4:14pm | 380Read More...E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN)'s new business Scout appears to be a direct competitor to the online furniture retailer Wayfair Inc (NYSE: W). What Happened Amazon's Scout business shows furniture products that shoppers can "like" or "dislike" based on...
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KeyBanc: Buy The Dip In RH Shares
Monday, September 10, 2018 - 9:42am | 466Read More...Restoration Hardware Holdings, Inc (NYSE: RH) shares were sold off for three consecutive sessions following the release of its fiscal second-quarter results last week, with the negative sentiment blamed on a revenue miss. The Analyst KeyBanc Capital Markets analyst Bradley Thomas...
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La-Z-Boy Shows Strong Execution, But Has Balanced Risk-Reward, KeyBanc Says In Downgrade
Thursday, August 23, 2018 - 9:57am | 437Read More...La-Z-Boy Inc. (NYSE: LZB) shares surged 13 percent after the company reported better-than-expected first-quarter results Tuesday. The Analyst KeyBanc Capital Markets analyst Bradley B. Thomas downgraded La-Z-Boy from Overweight to Sector Weight. The Thesis Based on its strong...
















