Seth Basham

Lumber Liquidators Holdings Inc (NYSE: LL) shares soared in late 2017 when the company reported its first profit since a 2015 laminate scandal, implying that the company has navigated through major obstacles. But now Lumber Liquidators must grapple  with multiple business-related headwinds,...

Tempur Sealy International Inc (NYSE: TPX) has the opportunity to capture significant market share despite the headwinds faced by traditional mattress manufacturers and retailers, an analyst at Wedbush said. The Analyst Wedbush analyst Seth Basham upgraded shares of Tempur Sealy from Neutral...

Tractor Supply Company (NASDAQ: TSCO)'s stock experienced a rough start to 2017, but ended on a high note as the company likely benefited in the fourth quarter from colder than expected temperatures in November and December. This isn't reason enough to continue buying the stock, according...

Shares of Bed Bath & Beyond Inc. (NASDAQ: BBBY) lost more than 10 percent Thursday morning after the company reported a top- and bottom-line third-quarter beat — but some analysts found plenty of reason to be concerned beyond the headline numbers. Wedbush: Ability To Compete...

Shares of O'Reilly Automotive Inc (NASDAQ: ORLY) lost around 20 percent after reporting poor performance in its second-quarter comp sales report. The company blamed the lackluster numbers as partly due to weather, but analysts at Wedbush see additional factors at play. A full quarterly print is...

Wedbush's Seth Basham offered an industrywide update on the mattress industry as the sector gears up for its earnings report.  Initial checks point to a "sluggish" start to mattress sales earlier in May, but ticked higher during the Memorial Day period, Basham said in a Wednesday...

Giving credit for pulling ahead of the pack, Wedbush upgraded shares of CarMax, Inc (NYSE: KMX) to Outperform. The firm singled out credit as the largest risk, although it said there are some signs of encouragement recently. Credit Risk Has Become Manageable Now Analysts Seth Basham, James Mann...

Wedbush maintained its Neutral rating on Williams-Sonoma, Inc. (NYSE: WSM) after the company  missed fourth quarter top line expectations, but beat bottom line estimates on supply chain efficiencies. Comps Pressure At Pottery Barn Williams-Sonoma faced continued comps decline at the core...

Pier 1 Imports Inc (NYSE: PIR) announced its fiscal fourth-quarter comps in line with the consensus and estimates, while raising its fourth-quarter EPS guidance to $0.32–$0.34, ahead of the consensus. Wedbush’s Seth Basham maintains a Neutral rating on the company, with a price target...

Wedbush analyst Seth Basham expects Lowe's Companies, Inc. (NYSE: LOW) to deliver better-than-expected comps for the fourth quarter, driven by strong sector tailwinds that were visible in the Home Depot Inc (NYSE: HD) print. Expectations For Lowe's Lowe’s is expected to announce its...

Wayfair Inc (NYSE: W) is scheduled to report its fourth-quarter results on February 23. The company would likely reach the $1 billion mark in quarterly revenue for the first time in Q4, ahead of expectations, Wedbush’s Seth Basham said in a report. He maintains an Outperform rating on the...

Wedbush’s Seth Basham mentioned that that read through from large suppliers regarding the fourth-quarter 2016 performance for Home Depot Inc (NYSE: HD) and Lowe's Companies, Inc. (NYSE: LOW) is favorable. The analyst maintains a Neutral rating on both companies, with a price target of $...

Tempur Sealy International Inc (NYSE: TPX) shares plunged last week after it split with its largest customer, Mattress Firm, losing more than 25 percent in a day, and the mattress maker’s board has responded to the selloff with a shareholder rights plan. The plan, announced Thursday, gives...

The better-than-expected fourth-quarter results of O'Reilly Automotive Inc (NASDAQ: ORLY) once again demonstrated its solid execution, Amazon.com, Inc.(NASDAQ: AMZN)-proof business model, increasing power over suppliers and limited weather sensitivity. Following is a gist of the fourth-quarter...