Page 23 - Greg Melich News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Message : Required fields (Reuters) -Target Corp on Wednesday posted quarterly sales that surged about 23%, raising hopes of booming demand through the year as consumers flock to stores and shop for more than just essentials. Shares rose 4% after the retailer also forecast growth in comparable sales for the last two quarters of the year, countering Wall Street's fears of a sales drop, as it keeps pace with surging sales recorded during the pandemic's peak. With the reopening of the economy due to vaccinations, Target, like Walmart and Macy's, said shoppers are spending more on apparel and bea...

The retailer saw average ticket sizes increase 10.3% year over year. According to CEO Craig Menear, the market remains an "unprecedented demand environment."  The home improvement boom has shown no signs of abating among US consumers, even as vaccination rates rise. In fact, the latest sales numbers from Home Depot indicate that shoppers are moving into more ambitious and expensive projects.  Home Depot reported its earnings Tuesday, seeing comparable quarterly sales spike 29.9% in the US. Overall, customer transactions increased by 19.3%, and they were spending more year over year: The com...

Operator Thank you for standing by, and welcome to the O'Reilly Automotive First Quarter 2021 Earnings Call. [Operator Instructions] Thank you. Now I'd like to hand the conference over to Tom McFall. Mr. McFall, please go ahead. Tom McFall -- Executive Vice President and Chief Financial Officer Thank you, Jack. Good morning, everyone, and thank you for joining us. During today's conference call, we'll discuss our first quarter 2021 results and our updated outlook for the full year of 2021. After our prepared comments, we'll host a question-and-answer period. Before we begin this morning, I'd...

Sherwin-Williams Company (SHW) Receives a Buy from Evercore ISI Evercore ISI analyst Greg Melich maintained a Buy rating on Sherwin-Williams Company (SHW – Research Report) on April 23. The company’s shares closed last Friday at $273.92, close to its 52-week high of $274.44. According to TipRanks.com, Melich is a 3-star analyst with an average return of 9.8% and a 62.9% success rate. Melich covers the Consumer Goods sector, focusing on stocks such as Floor & Decor Holdings, Advance Auto Parts, and Walmart. Currently, the analyst consensus on Sherwin-Williams Company is a Moderate Buy wit...

Genuine Parts Company (GPC) Gets a Hold Rating from Evercore ISI Evercore ISI analyst Greg Melich maintained a Hold rating on Genuine Parts Company (GPC – Research Report) on April 23. The company’s shares closed last Friday at $122.33, close to its 52-week high of $123.22. According to TipRanks.com, Melich is a 3-star analyst with an average return of 9.8% and a 62.9% success rate. Melich covers the Consumer Goods sector, focusing on stocks such as Floor & Decor Holdings, Advance Auto Parts, and Walmart. Currently, the analyst consensus on Genuine Parts Company is a Moderate Sell with ...