NEW YORK, September 12, 2016 /PRNewswire/ --
Growing population and consumer demands are the main drivers of growth in the global Grocery Stores industry, which has sales of more than $2 trillion annually. This morning, Stock-Callers.com takes a look at four companies to see how they have fared over the last few trading sessions: SUPERVALU Inc. (NYSE: SVU), Sprouts Farmers Market Inc. (NASDAQ: SFM), Companhia Brasileira de Distribuicao (NYSE: CBD), and Casey's General Stores Inc. (NASDAQ: CASY). Register now and get full and free access to our downloadable research reports on these stocks at:
Last Friday, shares in Eden Prairie, Minnesota headquartered SUPERVALU Inc. ended the day 4.44% lower at $4.73. The stock recorded a trading volume of 4.86 million shares, which was above its three months average volume of 3.33 million shares. The Company's shares have advanced 1.07% in the previous three months. The stock is trading below its 50-day moving average by 8.18%. Furthermore, shares of SUPERVALU, which together with its subsidiaries, operates as a grocery wholesaler and retailer in the US, have a Relative Strength Index (RSI) of 33.35.
On August 15th, 2016, SUPERVALU and THE FRESH MARKET, INC. announced they have reached a long-term supply agreement for SUPERVALU to serve as a grocery wholesaler and distributor to The Fresh Market. Founded in 1982 and headquartered in Greensboro, North Carolina, The Fresh Market is a specialty retailer focused on providing delicious and healthy food and a high level of service to its customers.
On September 09th, 2016, research firm Telsey Advisory Group reiterated its 'Market Perform' rating on the Company's stock with a decrease of the target price from $6.50 a share to $5.50 a share. Access our complete research report on SVU for free at:
Sprouts Farmers Market
Phoenix, Arizona-based Sprouts Farmers Market Inc.'s stock finished Friday's session 0.93% higher at $19.60. A total volume of 5.20 million shares was traded, which was above their three months average volume of 2.76 million shares. The Company's shares are trading below their 50-day moving average by 14.33%. Moreover, shares of Sprouts Farmers Market, which together with its subsidiaries, operates as a retailer of fresh, natural, and organic food in the US, have an RSI of 23.22.
On September 07th, 2016, Sprouts Farmers Market announced updated guidance. The company has adjusted its full-year 2016 comparable store sales growth to be in the range of 1.5% to 2.5% and earnings per share to be in the range of $0.83 to $0.86. On September 6th, 2016, the company's Board of Directors authorized a $250 million common stock share repurchase program.
On September 09th, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $33 a share to $31 a share. The complimentary research report on SFM can be downloaded at:
Companhia Brasileira de Distribuicao
Shares in Sao Paulo, Brazil headquartered Companhia Brasileira de Distribuicao ended the session 5.73% lower at $15.29. The stock recorded a trading volume of 1.05 million shares, which was above its three months average volume of 736,550 shares. The Company's shares have surged 20.97% over the previous three months and 45.38% on an YTD basis. The stock is trading above its 200-day moving average by 17.93%. Moreover, shares of Companhia Brasileira de Distribuicao, which engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of hypermarkets, supermarkets, specialized stores, and department stores primarily in Brazil, have an RSI of 39.41. Register for free on Stock-Callers.com and get access to the latest PDF format report on CBD at:
Casey's General Stores
Ankeny, Iowa headquartered Casey's General Stores Inc.'s shares recorded a trading volume of 909,641 shares, which was above their three months average volume of 524,380 shares. The stock closed 0.02% higher at $119.84. The Company's shares have advanced 0.36% in the previous three months and 0.06% since the start of this year. The stock is trading 0.67% above its 200-day moving average. Additionally, shares of Casey's General Stores, which together with its subsidiaries, operates convenience stores under the Casey's General Store name in 14 Midwestern states, primarily in Iowa, Missouri, and Illinois, have an RSI of 22.96.
On September 07th, 2016, Casey's General Stores reported diluted earnings per share of $1.70 for Q1 FY17 ended July 31st, 2016, compared to $1.57 per share for the same quarter a year ago. The company sold 17.9 million renewable fuel credits for $14.7 million during Q1.
On September 08th, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $145 a share to $143 a share. Download your free research report on CASY at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: email@example.com Phone number: +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA