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Wedbush Remains Bullish On Tempur Sealy After Checks Indicate Good Start For Tempur Breeze
Wednesday, May 29, 2019 - 2:38pm | 310Read More...Memorial Day weekend mattress sales checks indicate favorable trends for Tempur Sealy International Inc’s (NYSE: TPX) products and indicated its new high-end Tempur Breeze product was gaining traction, according to Wedbush. The Analyst Wedbush’s Seth Basham maintained an Outperform...
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Analysts: Lowe's Sell-Off A Buying Opportunity
Monday, May 27, 2019 - 4:00pm | 675Read More...Lowe's Companies Inc (NYSE: LOW) stock finished the week 11.7-percent lower after the retailer reported lackluster earnings and cut full-year guidance Wednesday due to gross margin weakness. Sell-side analysts said the gross margin problem — which the company blamed on...
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After A Rainy Q1, Home Depot Analysts Look At Consumer Trends, Chinese Tariffs
Wednesday, May 22, 2019 - 4:58pm | 638Read More...Sales at Home Depot Inc (NYSE: HD) were dampened by the wet start to the year, but sell-side analysts disagreed Wednesday on whether broader economic issues will affect the big box retailer’s bottom line in the long run. The Analysts UBS analyst Michael Lasser maintained a Buy...
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Wayfair Shares Drop On Q1 Loss, Higher Costs; Analysts Debate Company's Spending
Friday, May 3, 2019 - 2:50pm | 577Read More...Wayfair Inc (NYSE: W) shares continued to fall Friday after reporting a bigger-than-expected first-quarter loss. Sell-side analysts remain mostly cautious on the still-unprofitable e-commerce company, saying heavy spending is a near-term headwind, though several still like the company in...
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Questionable Strategy, Disappointing Report: Analysts React To Bed Bath & Beyond's Q4 Earnings
Thursday, April 11, 2019 - 12:54pm | 537Read More...Home goods retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) on Wednesday reported fiscal fourth-quarter results that came in better than expected, but guidance for the coming year disappointed. Here is a summary of how some of the Street's top analysts reacted to the print and guide. The...
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Morgan Stanley, Wedbush Cautious On Carvana
Tuesday, April 2, 2019 - 4:17pm | 526Read More...Shares in online car retailer Carvana Co (NYSE: CVNA) have traded up recently, but sell-side analysts said Tuesday that investors may be buying without kicking the tires. The Analysts Morgan Stanley’s Armintas Sinkevicius reiterated an Underweight rating on Carvana with a $21 price target....
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Analysts Encouraged By Lumber Liquidators Legal Process
Wednesday, March 13, 2019 - 4:55pm | 438Read More...Lumber Liquidators Holdings Inc (NYSE: LL) finalized a resolution with various U.S. government entities related to its sourcing of Chinese laminate flooring. As part of an agreement, the company will pay $33 million in fines and investors should be encouraged by the development but not necessarily...
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Home Depot Prospects Hampered By Housing Market Concerns
Wednesday, February 27, 2019 - 3:52pm | 590Read More...Home Depot Inc. (NYSE: HD) is a good retailer for people doing DIY home improvement projects, with a strong management team and a good outlook for improving sales, analysts say. But a key question is starting to emerge: are there enough fixer-upper jobs out there in what may be a slowing housing...
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Wedbush On Lowe's: 'A New Day' Has Arrived
Thursday, December 13, 2018 - 3:59pm | 353Read More...Lowe's Companies, Inc. (NYSE: LOW) this week hosted an analyst day presentation in which management, under new CEO Marvin Ellison, offered a "compelling roadmap" of growth, according to Wedbush. The Analyst Wedbush's Seth Basham maintains a Neutral rating on Lowe's with...
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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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Analysts Cautious On Williams-Sonoma After Q3 Print
Friday, November 16, 2018 - 3:57pm | 550Read More...Kitchenware and home furnishing retailer Williams-Sonoma, Inc. (NYSE: WSM) reported mixed third-quarter results Thursday and cautious guidance for the holiday quarter. Here's how the Street reacted to the print — and the stock's subsequent sell-off. The Analysts...
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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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Rising Customer Acquisition Costs Could Pressure Wayfair, Wedbush Says Ahead Of Q1 Print
Monday, April 30, 2018 - 3:48pm | 363Read More...Rising customer acquisition costs in a changing digital advertising landscape could pressure Wayfair Inc (NYSE: W) to consider other growth avenues, according to Wedbush. The Analyst Wedbush’s Seth Basham downgraded Wayfair from Outperform to Neutral and lowered the stock’s 12-...
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Bed Bath & Beyond Falls 20% Amid Weak 2018 Outlook
Thursday, April 12, 2018 - 12:28pm | 911Read More...Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported fiscal fourth quarter earnings that came in ahead of expectations, but downbeat guidance for 2018 prompted a big sell-off in the stock. Shares were down 19 percent at $17.42 at time of publication. The Analysts KeyBanc Capital Markets'...
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Wedbush Finds Mattress Maker Purple Innovation's Valuation, Rapid Growth A Good Fit
Wednesday, April 11, 2018 - 1:18pm | 370Read More...Purple Innovation Inc (NASDAQ: PRPL)'s reverse merger with a special-purpose acquisition company makes it the first U.S.-listed bed-in-a-box company, according to Wedbush. The Analyst Analyst Seth Basham initiated coverage of Purple Innovation with an Outperform rating and 12-month...















