The housewares retailer, Bed Bath & Beyond Inc., said to have reported quarterly profit of approx. 50 cents per share, and its revenue had exceeded estimates as well. Bulls hunting continues and it keeps adding green bullish markets to its collection! Want to know those market? Have a read at: http://psce.pw/LowFloatNasdaqStocksMustSeePicks
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C
With over 72% short interest, this isn't going down today, no way... they will have to cover for weeks... and then it's the holidays! see you guys in the 20's!!!
Can someone interpret this. One of the Najarian brothers saw unusual options for BBBY at 15.00 in Dec. He actually bought the calls and plans to hold for 2 months. The article said they expect earnings to be good. But why is it only 15.00 all the way in Dec? and why is he going to hold until Dec? Longs are hoping for a 20% pop this week, not all the way in Dec.
i
wow wish i hopped on this one, digital sales up 89%, in-store sales up 6%, both were expected to decline.. congrats longs.. shorts punching the air trying to get people to sell right now 😂
C
I believe in BBBY long term, but this is going to get shorted right out of the gate, and longs will take profits. Anyone holding this since last year is up.
Now trading higher than last year, which would be ok if we weren't in a massive recession with a big chunk of the economy gone permanently.
This is a great company long term, but the valuation like most is pretty rich right now.
A
i made some money on the way up. now sold my position and shorted it before earnings call. i do not think it will be a good earnings report.
J
Giving shoppers what they want. Competitors stunned.
"Bed Bath & Beyond® And buybuy Baby® Launch Same Day Delivery Ahead Of The 2020 Holiday Season"
No guidance / blind investor 's eyes in next quarter report...BBBY most likely / expectingly sink heavily at market open...as seen in DLTR... as value already priced in ..but no guidance it expected to sink...
BAIRD raises from Neutral to Outperform with price target from $13 to $20.
R
Go management! Excellent job executive team. Looking forward to an awesome report Thursday.
T
Consumer | On the Move | Earnings News Dollar Tree -5% despite reporting Q2 numbers ahead of expectations Aug. 27, 2020 7:55 AM ET|About: Dollar Tree, Inc. (DLTR)|By: Clark Schultz, SA News Editor Dollar Tree (NASDAQ:DLTR) reports comparable sales increased 7.2% in Q2 to top the consensus mark of +6.2%. Comparable store sales were up 3.1% for the Dollar Tree banner and rose 11.6% for the Family Dollar banner.
"Consumer shopping patterns are evolving. Customers are shopping with a purpose, while looking to minimize risk and exposure. As a result, we are seeing material increases in average ticket, while seeing a decline in average visits," notes CEO Mike Witynski.
Gross margin was reported at 30.5% of sales for the quarter vs. 28.7% consensus and operating margin was 6.0% of sales vs. 5.2% consensus. Margin rates were higher than a year ago due to improved merchandise costs including freight, leverage on occupancy costs from stronger same-store sales, reduced markdowns and improved shrink results, partially offset by higher distribution costs.
The company continues to withhold on full-year guidance due to the uncertainty around the pandemic. The company continues to expect the completion of 500 new store openings (consisting of 325 Dollar Tree and 175 Family Dollar) and 750 Family Dollar H2 store renovations in FY20.
Previously: Dollar Tree EPS beats by $0.17, beats on revenue (Aug. 27)
Shares of Dollar Tree are down 4.70% in premarket action.
W
I can tell you their Cost Plus stores are constantly busy with online furniture orders
J
BED, BATH, and BEYOND.
Shorts experiencing the BATH component.
t
Shorts better get their Hemorrhoidal relief thingies ready for Thursday !!
C
This is being pumped, it's a head fake. This will drop today and Wall Street will take profits.
https://health-care.foundation/the-cure-for-the-coronavirus-flu
Now trading higher than last year, which would be ok if we weren't in a massive recession with a big chunk of the economy gone permanently.
This is a great company long term, but the valuation like most is pretty rich right now.
"Bed Bath & Beyond® And buybuy Baby® Launch Same Day Delivery Ahead Of The 2020 Holiday Season"
as value already priced in ..but no guidance it expected to sink...
Dollar Tree -5% despite reporting Q2 numbers ahead of expectations
Aug. 27, 2020 7:55 AM ET|About: Dollar Tree, Inc. (DLTR)|By: Clark Schultz, SA News Editor
Dollar Tree (NASDAQ:DLTR) reports comparable sales increased 7.2% in Q2 to top the consensus mark of +6.2%. Comparable store sales were up 3.1% for the Dollar Tree banner and rose 11.6% for the Family Dollar banner.
"Consumer shopping patterns are evolving. Customers are shopping with a purpose, while looking to minimize risk and exposure. As a result, we are seeing material increases in average ticket, while seeing a decline in average visits," notes CEO Mike Witynski.
Gross margin was reported at 30.5% of sales for the quarter vs. 28.7% consensus and operating margin was 6.0% of sales vs. 5.2% consensus. Margin rates were higher than a year ago due to improved merchandise costs including freight, leverage on occupancy costs from stronger same-store sales, reduced markdowns and improved shrink results, partially offset by higher distribution costs.
The company continues to withhold on full-year guidance due to the uncertainty around the pandemic. The company continues to expect the completion of 500 new store openings (consisting of 325 Dollar Tree and 175 Family Dollar) and 750 Family Dollar H2 store renovations in FY20.
Previously: Dollar Tree EPS beats by $0.17, beats on revenue (Aug. 27)
Shares of Dollar Tree are down 4.70% in premarket action.
Shorts experiencing the BATH component.