Retail weakness has been a fairly unfortunate theme at this stage of the economic recovery. Not surprising, since August there has been disappointing same store sales and earnings results from retailers and apparel suppliers to …
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MorningWord 8/22/13: Based on a quick perusal of the FOMC Minutes from their July 31st meeting released yesterday, it appears that those charged with keeping our economic ship afloat lack the visibility as it relates to the …
Continue readingIn the past week, we’ve seen some serious concerns about the U.S. consumer from a variety of companies. ARO, AEO and URBN all missed numbers, COST had a weak sales number, and this morning M …
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A bit earlier I previewed WFM’s Q3 earnings report expected after the close tomorrow night. With the stock just 2% from the all time highs made earlier this month, and up 22% on the year, …
Continue readingEvent: WFM report’s their fiscal Q3 earnings tomorrow after the close (7/31), the options market is implying about a 7% move following the results, which is shy to the 4 qtr avg of about 9.25% …
Continue readingWFM is down 6% year-to-date in 2013, a large under-performance relative to the broader market, which is up around 10%. The obvious catalyst was a weak Q4 earnings report in February, that saw the stock gap down …
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Event: WFM reports Q4 earnings tonight after the close. The options market is implying about a 5.5% move vs the 4 qtr avg move of ~7.5% and the 8 qtr avg move of ~5.75%. The stock has …
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Cam Hui, the blogger at the HumbleStudentoftheMarkets blog, had a great post this morning detailing some of the cracks beginning to show in the corporate credit market in the U.S. Here is the concluding paragraph: …
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As Dan and I were discussing Whole Foods stock this morning, he said, “Whole Foods is a freakin’ grocery store that trades at 32x next year’s earnings that are expected to grow 15%…that’s just stupid.” …
Continue readingAt one point this morning, WFM was down about 4% on management comments from an investment conference that appeared to be guiding down 2012 sales from about 15% to 13%. Bloomberg Headlinies: 10:16am *WHOLE FOODS …
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