NEW YORK, June 9, 2017 /PRNewswire/ --
The Discount Variety Stores industry retails general merchandise such as apparel, automotive parts, dry goods, hardware, groceries, and home furnishings. Typically, industry operators retail these goods at discounted prices. For today, DailyStockTracker.com observes the most recent performances of the following four equities: Wal-Mart Stores Inc. (NYSE: WMT), Target Corp. (NYSE: TGT), Ollie's Bargain Outlet Holdings Inc. (NASDAQ: OLLI), and Tuesday Morning Corp. (NASDAQ: TUES). These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:http://dailystocktracker.com/register/
Bentonville, Arkansas headquartered Wal-Mart Stores Inc.'s stock finished Thursday's session 0.28% lower at $78.93. A total volume of 10.91 million shares was traded, which was above their three months average volume of 7.80 million shares. Over the last month and the previous three months, the Company's shares have advanced 2.88% and 12.98%, respectively. Additionally, the stock has gained 14.19% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 4.56% and 10.65%, respectively. Moreover, shares of Wal-Mart Stores, which operates retail stores in various formats worldwide, have a Relative Strength Index (RSI) of 60.84.
On May 19th, 2017, research firm Telsey Advisory Group reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $82 a share to $84 a share.
On June 08th, 2017, Wal-Mart Stores announced that during Walmart Wellness Day on June 17th, 2017, it will offer free health screenings in its more than 4,600 locations across the country, from 10:00 a.m. to 2:00 p.m. local time. This year, the Company is helping to extend the event beyond a single day by teaming up with the American Diabetes Association to offer support to people who are at risk of developing type-2 diabetes. Your complete research report on WMT can be retrieved for free at:http://dailystocktracker.com/registration/?symbol=WMT
Shares in Minneapolis, Minnesota headquartered Target Corp. rose 0.29%, ending yesterday's session at $54.63 with a total trading volume of 5.76 million shares. The stock is trading 0.81% below its 50-day moving average. Shares of the Company, which operates as a general merchandise retailer, have an RSI of 45.59.
On May 17th, 2017, Target reported a Q1 2017 comparable sales decline of 1.3%. GAAP earnings per share (EPS) from continuing operations for Q1 2017 were $1.22, compared with $1.02 in Q1 2016, which included $261 million of pre-tax early debt retirement losses. The Company also reported adjusted EPS of $1.21 during the quarter, down 6.1% from $1.29 in 2016.
On May 18th, 2017, research firm Telsey Advisory Group reiterated its 'Market Perform' rating on the Company's stock with an increase of the target price from $58 a share to $60 a share. A free report on TGT is just a click away at: http://dailystocktracker.com/registration/?symbol=TGT
Ollie's Bargain Outlet Holdings
On Thursday, Harrisburg, Pennsylvania headquartered Ollie's Bargain Outlet Holdings Inc.'s stock climbed 0.58%, to close the day at $43.10. A total volume of 713,131 shares was traded, which was above their three months average volume of 635,200 shares. The Company's shares have advanced 9.25% in the last one month, 35.53% in the previous three months, and 51.49% on an YTD basis. The stock is trading 13.38% and 36.97% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Ollie's Bargain Outlet, which operates as a retailer of brand name merchandise, have an RSI of 67.93.
On May 30th, 2017, research firm MKM Partners downgraded the Company's stock rating from 'Buy' to 'Neutral'.
On May 31st, 2017, the Company announced financial results for Q1 ended April 29th, 2017. Total net sales for the quarter were $227.6 million; comparable store sales increased 1.7%; operating income was $27.3 million; net income was $19.0 million; and net income per diluted share was $0.29. Adjusted net income for Q1 2017 was $16.0 million; adjusted net income per diluted share was $0.25; and adjusted EBITDA was $32.1 million. Sign up for your complimentary research report on OLLI at:http://dailystocktracker.com/registration/?symbol=OLLI
Shares in Dallas, Texas headquartered Tuesday Morning Corp. ended the day 5.41% higher at $1.95. A total volume of 928,888 shares was traded, which was above their three months average volume of 890,860 shares. The stock is trading below its 50-day moving average by 28.56%. Furthermore, shares of Tuesday Morning, which operates as a retailer of upscale decorative home accessories, housewares, seasonal goods, and gifts in the US, have an RSI of 39.22. Register for free on DailyStockTracker.com and download the latest research report on TUES at:http://dailystocktracker.com/registration/?symbol=TUES
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