Hypermarkets & Super Centers

BJ's Wholesale Club (NYSE: BJ) Raised to conviction Buy at Goldman Sachs (NYSE: GS).

Analysts at Goldman downgrade Costco Wholesale Corporation (NASDAQ: COST) from “buy” to “neutral.” The target price for Costco has been raised from $80 to $81. Costco shares gained 3.77% to close at $77.82 yesterday. More Analyst Ratings here

Cusick's Corner The news today that Japan experienced yet another earthquake spooked the market, triggering selling. There were initial reports that their nuclear facilities did not suffer any damage so the sell-off did not last long and there was buying on the dips, which helped the markets trade...

Cusick Corner The market braced itself for the news in Japan and has held its ground. But the market is whippy and the fact that it's overbought is looking like it has started to wane, leaving me with uncertainty into the After Hours. I have written over the last few weeks about some strategic...

Costco (NASDAQ: COST) shares are surging on Thursday after the company reported better than expected same store sales for March. The stock is currently 4.54% higher at $78.39, which is a new 52-week high for the name. Volume has been on the heavy side. Costco (COST) has been bandied about as a...

March same-store sales have been released for the retail sector and overall the results are positive, with the majority of reports exceeding the Street consensus. Factors stated by retailers as affecting March's numbers include this year's Easter timing three weeks later in 2011 than in 2010, the...

Wall Street Strategies has issued a report on the unexpectedly positive results seen by retailers in March. According to the report, "The early bird has been known to catch the worm, and if an investor is at the Bloomberg terminal, cup of coffee in hand, they will easily see March comps printing...

BJ's Wholesale Club, Inc. (NYSE: BJ) today reported that sales for March 2011 increased by 9.1% to $1.08 billion from $992.7 million in March 2010. Comparable club sales for March 2011 increased by 5.3%, including a contribution from sales of gasoline of 4.0%. Excluding the impact of gasoline,...

US stock futures are flat this morning, as investors are awaiting economic data and the European Central Bank (ECB) interest-rate meeting. Several retailers are also scheduled to report same-store sales. Futures for the Dow Jones Industrial Average lost 2 points to 12,355.00, while those for the S...

Warren Buffett, head of Berkshire Hathaway (BRK-A) (BRK-B), has numerous fans, and a few critics. However, the critics don't have a much of a leg to stand on, especially when several of the stocks he owns traded at 52 week highs on Wednesday. If you look at the list of Warren Buffett Berkshire...

With $4-4.5 bn of Wal-Mart's (NYSE: WMT) $13 bn annual capex budget dedicated to its International division, the company is focused on growing its $109 bn in international sales across 4,573 units in 14 countries. While no specifics were shared, Asia accounted for 15% of 2010's international growth...

Jefferies said that it believes that Costco Wholesale Corporation (NASDAQ: COST) will remain the “best performer in our group as it benefits from gas traffic and ticket as well as strong trends inside the club.” “We expect Costco to continue to benefit from gas inflation and post another strong...

Piper Jaffray has issued a report reiterating an Overweigh Rating on Costco Wholesale (NASDAQ: COST). According to the report, "We are maintaining our March comp estimate of +7%-+8% vs. the consensus mean of ~+7%. We are assuming a core comp of ~+4% and combined gas, F/X and cannibalization should...

According to Citi, Wal-Mart Stores (NYSE: WMT) released details of international conference. Citi reported that as of the end of 2010, Walmart International sales were 26.1% of total sales. “Sales have grown at a CAGR of +13.0% since 2005, triple the rate of Walmart U.S. and Sam's Club! Looking...

According to Bloomberg, Wal-Mart (NYSE: WMT) said in an interview "We will continue to evaluate our assortment to determine where to expand and best serve our customers." WMT said to plan test of online grocery delivery service.