Retailer’s to Watch: Amazon.com, Inc. (NASDAQ:AMZN), Wal-Mart Stores, Inc. (NYSE:WMT), Costco Wholesale Corporation (NASDAQ:COST), Macy’s, Inc. (NYSE:M), Target Corporation (NYSE:TGT)

Amazon.com, Inc. (NASDAQ:AMZN), is preparing for a long battle with Hachette Book Group over a contract dispute that led the U.S. online retailer to curtail sales of some of the publisher’s books. Amazon.com, Inc. (NASDAQ:AMZN), net profit margin is 0.40% and weekly performance is 2.98%. On last trading day company shares ended up $310.16. Analysts mean target price for the company is $419.33. Amazon.com, Inc. (NASDAQ:AMZN), distance from 50-day simple moving average (SMA50) is -3.68%.

Wal-Mart Stores, Inc. (NYSE:WMT), CEO Doug McMillon said the retailer may use 3-D printers for producing supplies and might even make an acquisition in the market, Bloomberg reports. Wal-Mart Stores, Inc. (NYSE:WMT), advanced 0.08% in last trading session and ended the day on $75.53. WMT, Gross Margin is 24.80% and its return on assets is 9.60%. Wal-Mart Stores, Inc. (NYSE:WMT), quarterly performance is 2.29%.

Costco Wholesale Corporation (NASDAQ:COST), announced its operating results for the third quarter (twelve weeks) and the first thirty-six-weeks of fiscal 2014, ended May 11, 2014. Net sales for the quarter increased seven percent, to $25.23 billion, from $23.55 billion last year. Net sales for the first thirty-six weeks increased six percent, to $75.46 billion, from $71.10 billion last year. Costco Wholesale Corporation (NASDAQ:COST), shares moved up 0.32% in last trading session and was closed at $114.24, while trading in range of $113.96 – 114.95. Costco Wholesale Corporation (NASDAQ:COST), year to date (YTD) performance is -3.46%.

On May 20, 2014, Macy’s, Inc. (NYSE:M), announced the pricing of the public offering of $500.0 million aggregate principal amount of senior notes due 2024 by its wholly owned subsidiary, Macy’s Retail Holdings, Inc. The senior notes were issued at a price of 99.899% of par and will bear interest at a rate of 3.625% per annum. The senior notes will be fully and unconditionally guaranteed on a senior unsecured basis by Macy’s, Inc. The transaction is expected to close on or about May 23, 2014. Macy’s, Inc. (NYSE:M), ended the last trading day at $58.60. Company weekly volatility is calculated as 1.43% and price to cash ratio as 11.29. Macy’s, Inc. (NYSE:M), showed a positive weekly performance of 3.70%.

Target Corporation (NYSE:TGT), recently announced its partnership with Altuzarra- A luxurious fashion brand famous for combining feminity, practicality and sophistication- on women’s limited-edition ready-to-wear collection of shoes and accessories. The collection will be made available from Sept 14 at Target stores in the Canada and United States, as well as Target.com. Additionally, an edited collection will be available all over the world at Net-a-porter.com. Target Corporation (NYSE:TGT), net profit margin is 2.60% and weekly performance is -2.24%. On last trading day company shares ended up $55.34. Analysts mean target price for the company is $59.81. Target Corporation (NYSE:TGT), distance from 50-day simple moving average (SMA50) is -6.60%.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *