Here is the article.
I like to write down my notes, and then figure out how to understand the article.
argument:
lucrative investment pick
Facts:
off-price business model
better price management
merchandise initiatives
cost containment
store expansion plans
11th consecutive earnings beat
compelling bargains to value-focused customers
broad-based strength across major merchandise categories
Price, Consensus, EPS surprise -
Fiscal 2018, it bought back 12.5 million shares for $1,075 million.
For fiscal 2019, the company estimates comps growth of 1-2%, with sales likely to increase 5-6%. This compares with comps growth of 4% in fiscal 2018. This along with operating margin and cost deleverage should result in earnings per share of $4.30-$4.50.
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