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 15 Apr 24

tl;dr

Retail sales climbed 0.7% month-over-month in March, surpassing the consensus expectation for a 0.4% increase, although marking a slowdown from February's adjusted pace of 0.9%. Year-over-year, retail sales were up 4.0% in March. The category including building material, garden equipment, and suppl...

Retail sales climbed 0.7% month-over-month in March, surpassing the consensus expectation for a 0.4% increase, although marking a slowdown from February's adjusted pace of 0.9%. Year-over-year, retail sales were up 4.0% in March. The category including building material, garden equipment, and supplies dealers saw a 0.7% month-over-month increase and a 0.6% year-over-year decline in March, potentially benefiting Home Depot (HD) and Lowe's Companies (LOW). Telsey Advisory Group analyst Joe Feldman stated that the firm's latest Housing Scorecard indicates a housing market that has bottomed and is improving, leading to a more positive outlook for Home Depot (HD), Lowe's Companies (LOW), and Floor & Decor (FND). General merchandise stores saw solid momentum ( 1.1% M/M, 5.7% Y/Y) as did nonstore retailers ( 2.7% M/M, 11.3% Y/Y), potentially benefiting Walmart (WMT), Target (TGT), Costco (COST), and Amazon (AMZN). Conversely, department stores experienced a sales slump (-1.1% M/M, -2.5% Y/Y) affecting Dillard's (DDS), Macy's (M), Kohl's (KSS), and Nordstrom (JWN). Grocery stores also saw slower sales growth ( 0.5% M/M, 1.1% Y/Y) relevant to Kroger (KR) and Albertsons Companies (ACI). Capital Economics Chief U.S. Economist Andrew Hunter believes the report could bolster the argument for the Federal Reserve to delay rate increases, suggesting a potential delay until September. The SPDR S&P Retail ETF (NYSEARCA:XRT) gained 1.05% in early trading on Monday, outpacing the broad market. Notable retail gainers included Lululemon (LULU) 2.11%, Foot Locker (FL) 2.10%, Dollar Tree (DLTR) 2.08%, Etsy (ETSY) 1.65%, and Target (TGT) 1.55%.

More about Home Depot Inc

The Home Depot, Inc. (HD) is the largest home improvement retailer in the United States, specializing in tools, construction products, and services. Headquartered in Cobb County, Georgia, with an Atlanta mailing address, the company operates within the trade & services sector, specifically within the retail-lumber & other building materials dealers industry.

As of the latest data, HD has a market capitalization of $339.79 billion, with a price-to-earnings (P/E) ratio of 22.68. The stock has shown a 52-week low of $152.82 and a 52-week high of $386.56. Currently, the stock is experiencing a negative price change of -0.148, or -0.029%.

More about Lowe's Companies Inc

Lowe's Companies, Inc. is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States and Canada.

Industry: TRADE & SERVICES

Sector: RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS

Market Cap: 132.78 billion

Current Price: $17.58

Dividend Yield: 4.35%

P/E Ratio: 13.2

52-Week High: $148.41

Price-to-Sales Ratio: 0.0894

Revenue: 86.38 billion

EPS: $252.72

Profit Margin: 11.8%

Operating Margin: -17.1%

More about Floor & Decor Holdings Inc

Floor & Decor Holdings Inc

Floor & Decor Holdings, Inc. is a multi-channel specialty retailer of hard surface flooring and related accessories. The company is headquartered in Atlanta, Georgia.

Industry: TRADE & SERVICES, RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS

Market Cap: 12031246000

Current Price: 49.31

Dividend Yield: None

Price/Earnings Ratio: 2.28

52-Week High: 113.76

52-Week Low: 41.54

Beta: 0.0557

Volume: 4413884000

EPS: -0.477

P/E Ratio: 0

More about Walmart Inc

Walmart Inc. Stock Analysis

Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas. It also owns and operates Sam's Club retail warehouses.

Sector: TRADE & SERVICES

Industry: RETAIL-VARIETY STORES

Market Cap: 484.61 Billion

Current Price: $31.49

Price Change: $0.76 ( 1.91%)

52-Week Range: $80.24

EPS: $0.0239

Shares Outstanding: 648.12 Million

High: $65.74

Low: -$0.124 (-0.057%)

More about Target Corporation

Target Corporation Stock Analysis

Target Corporation is an American retail corporation. Their retail formats include the discount store Target, the hypermarket SuperTarget, and small-format stores previously named CityTarget and TargetExpress before being consolidated under the Target branding.

Industry Information

Industry: Trade & Services

Sector: Retail-Variety Stores

Financial Data

Market Cap: $76.70 billion

Price/Earnings Ratio: 18.58

Dividend Yield: 4.36%

EPS: $8.94

Stock Price: $232.75

Beta: 0.0385

Shares Outstanding: 1.07 billion

Current Yield: 1.85%

ROE: 0.574

Debt/Equity: 0.017

More about Costco Wholesale Corp

Company: Costco Wholesale Corporation

Industry: Trade & Services - Retail-Variety Stores

Market Cap: 324.34 billion

Current Price: $47.86

Dividend Yield: 4.08%

P/E Ratio: 15.28

52-Week Range: $560.61

EPS: $0.0273

Shares Outstanding: 248.83 billion

Market Cap (intraday): 780.16 billion

Beta: 0.188

PEG Ratio: 0.057

More about Amazon.com Inc

Amazon.com Inc

Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.

Industry: TRADE & SERVICES

Sector: RETAIL-CATALOG & MAIL-ORDER HOUSES

Market Cap: 1,936,254,697,000

Price: $3,625.46

Dividend Yield: None

P/E Ratio: 2.9

EPS: $55.78

Beta: 0.0529

Volume: 574,784,995,000

52-Week High: $2,09.59

52-Week Low: $50.69

Volatility: 0.139

More about Dillards Inc

Dillards Inc, Dillard's, Inc. operates large retail stores in the Southeast, Southwest, and Midwest areas of the United States. The company is headquartered in Little Rock, Arkansas.

Industry: TRADE & SERVICES, RETAIL-DEPARTMENT STORES

Market Cap: 6.663917 billion

Current Price: $9.18

Price Change: $0.9

52-Week Range: $44.71 - $416.2

P/E Ratio: 0.107

Revenue: 6.87442 billion

Shares Outstanding: 320 million

EPS: -$0.086

Dividend Yield: -0.002

More about Kohls Corp
Kohl's Corporation Stock Analysis

Kohl's Corporation Stock Analysis Summary

Kohl's Corporation, a retail company in the United States, is headquartered in Menomonee Falls, Wisconsin. The company operates in the retail-department stores sector.

Key Statistics:

  • Market Cap: 25.21B
  • PE Ratio: 7.98
  • EPS: 2.85
  • Stock Price: $158.87
  • Dividend Yield: 0.0181
  • Volume: 17,476,000
  • Revenue: 25.17B
  • Price Change: -0.354%
  • Change: -0.01

More about Nordstrom Inc
Nordstrom Inc Summary

Nordstrom, Inc., a fashion retailer, offers clothing, shoes, beauty, accessories, and household items for women, men, young adults, and children. The company is headquartered in Seattle, Washington.

Sector: TRADE & SERVICES

Industry: RETAIL-FAMILY CLOTHING STORES

Revenue: $3,111,697,000

Current Price: $23.24

Change: $0.76

Change %: 0.82%

PE Ratio: 90.81

Dividend Yield: 0.0091

Market Cap: $14,693,000,000

EPS: $17.66

ROE: 9.8%

Debt/Equity: 0.023

More about Kroger Company

Kroger Company Technical Analysis Summary

Kroger Company, also known as Kroger, is an American retail company that operates in the retail-grocery stores industry.

Market Cap: 39.837 billion

Current Stock Price: $18.65

Price Change: 1.13 ( 2.96%)

52-Week Range: $208.97

Price/Earnings Ratio: 0.0144

Volume: 150,039,003

Relative Strength Index (RSI): 57.84 (Neutral)

Moving Averages: -0.882 (Bearish)

Bollinger Bands: -0.006 (Bearish)

More about Albertsons Companies

Albertsons Companies, Inc. engages in pharmacy and food operations in the United States. It falls under the trade & services sector, specifically in the retail-grocery stores industry. The company's market capitalization stands at 117.39 billion, with a current price of 8.67 and a change of 0.48, representing a 2.35% increase. The stock has a 52-week high of 139.78 and a 52-week low of 0.0171. The volume stands at 79.16 billion with a total outstanding shares of 2.1 billion and a dividend yield of 0.022.

More about Lululemon Athletica Inc.
Lululemon Athletica Inc.

Lululemon Athletica Inc. is a company headquartered in Vancouver, Canada. It operates in the manufacturing industry, specifically in the apparel and other finished products of fabrics and similar materials sector.

Stock Market Data:

Current Price: $27.55

Dividend Yield: 12.2

P/E Ratio: 75.91

EPS: 0.161

Market Cap: $9.619 billion

Volume: 470.97

50-Day Moving Average: 4.639

200-Day Moving Average: 0.156

More about Foot Locker Inc

Foot Locker Inc Summary

Company: Foot Locker, Inc.

Industry: Trade & Services

Sector: Retail-Shoe Stores

Market Cap: $2,071,322,000

Dividend Yield: 1.2%

Price Change: -3.51%

PE Ratio: 86.71

EPS: -0.0404

Revenue: $8,168,000,000

Debt-to-Equity Ratio: 25.2

Return on Equity: -0.706

Dividend per Share: $0.02

More about Dollar Tree Inc

Dollar Tree Inc Technical Analysis Summary

Dollar Tree Inc. is a retail-variety store chain headquartered in Chesapeake, Virginia. The company reported a market cap of $27.29 billion.

The stock price experienced a decrease of 4.55% and closed at $139.43. The trading volume was reported at $30.60 billion.

The Relative Strength Index (RSI) stands at -0.0326, signaling a neutral position. The stock price is currently at $150.91, marking a decrease of 0.193% from the previous period.

The overall trend indicates a potential bullish pattern, with a slight increase of 0.119.

More about Etsy Inc

Etsy Inc

Etsy, Inc. is an American e-commerce company focused on handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home decor and furniture, toys, art, as well as craft supplies and tools.

Category: TRADE & SERVICES

Industry: SERVICES-BUSINESS SERVICES, NEC

Revenue: 7.944 billion

Market Price: $29.93

Dividend: None

EPS: $2.24

P/E Ratio: 22.43

Beta: 0.112

Market Cap: 27.483 billion

52-Week High: $79.75

52-Week Low: $-0.18

Yield: 0.043

Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 19 Sep 24
 19 Sep 24
 19 Sep 24