Hypermarkets & Super Centers

US stock futures are higher this morning, as investors are awaiting data on jobless claims and sales data from retailers. Futures on the Dow Jones Industrial Average gained 28 points to 12,302.00 and futures on the S&P 500 stock index rose 4.10 points to 1,316.20. Nasdaq 100 futures surged 10....

Costco Wholesale Corp (NASDAQ: COST) reported a 13% rise in its May comparable-store sales on Thursday. The retailer's net sales surged 17% to $7.14 billion, from $6.09 billion in the year-ago month. However, analysts expected same-store sales to rise 11.2% for the month. Its same-store sales...

ISI is out with its report today on Walmart (NYSE: WMT), maintaining Hold. In a note to clients, ISI writes, "Walmart is delivering solid free cash flow, SG&A leverage, and buybacks, but U.S. traffic and comps remain elusive. We see reasons for comps to stabilize heading into 2011, but for...

Dollar General Corp. (NYSE: DG) shares are getting crushed in pre-market trading, down nearly 9% after the company missed earnings estimates by 2 cents this morning. The company reported quarterly earnings of 48 cents per share on $3.45 billion in revenues. Wall Street had been expecting earnings...

Dollar General (NYSE: DG) will be reporting its fiscal first-quarter 2011 results tomorrow, June 1, before the opening bell. Investors will be watching to see whether the company can follow up on its record fourth-quarter results and any update on the status of its expansion plans. Analysts are...

Phillips-Van Heusen (NYSE: PVH) is set to report first-quarter fiscal 2011 results Tuesday, May 31, after the markets close. Analysts are looking for the shirt maker to report that earnings grew 28.4% from a year ago to $1.16 per share. That consensus earnings estimate is unchanged from 30 days ago...

Wall Street Strategies reiterated its Costco (NASDAQ: COST) Hold rating and $80 price target in a research report published today. In the report, Wall Street Strategies states, "Not to throw cold water on the latest from Costco (COST) by any means as the performance overall was solid, but the fact...

If you're thinking about investing in the retail sector, you may want to think again. The retail sector of the stock market has caused pain to a lot of investors in recent years, and was one of the worst performers in the fall of 2008, as many companies closed their doors never to reopen again....

Morgan Stanley is out with its report today on Costco Wholesale (NASDAQ: COST), reiterating Overweight. In a note to clients, Morgan Stanley writes, "Costco reported an unusually large LIFO charge that muddied the quarter and caused some to believe earnings had missed expectations. Ex-the LIFO...

According to a recent report, Citi is happy with the core fundamentals of Costco Wholesale (NASDAQ: COST) despite low F3Q11 EPS results. Citi is reiterating the Hold rating and increasing the price target from $75.00 to $82.00. In the report, Citi said, "Although a LIFO charge in F3Q11 hit COST's...

Citi is raising its PT on shares of Costco (NASDAQ: COST) from $75 to $82.

Goldman Sachs is raising its PT on shares of Costco (NASDAQ: COST) from $81 to $85.

Piper Jaffray is raising its PT on shares of Costco (NASDAQ: COST) from $85 to $88.

Wal-Mart Stores, Inc. (WMT) is the largest publicly traded company in the world, based on 2010 revenues. 1. It has 2.1 million employees. 2. It is the largest grocery retailer in the United States.3. It has stores in all 50 states.4. The latest revenues were $426.23 billion.5. It now has stores in...

Cusick's Corner The market stayed...constructive but still not able to garner momentum to the upside. The bulls by no means are out of the woods, but the market is setting up for a potential pop, that's if the data that comes out pre-market tomorrow, Personal Income and Spending, does not raise...