Earnings Alerts

• Uniqlo sales rose by 4.4% in May.
• The number of customers decreased by 3.7%.
• However, the average purchase per customer increased by 8.4%.
• The increase in sales was attributed to strong demand for summer items and trendy products.
• Analysts have given Fast Retailing 8 buys, 7 holds, and 1 sell ratings.

Fast Retailing on Smartkarma

Smartkarma, an independent investment research network, has seen multiple analysts publish research on “Fast Retailing“, a Japanese apparel company. Michael Causton, in his report titled “Fast Retailing: Great Fundamentals for Uniqlo, Shame About the Share Price“, suggests that although the company’s goal of ¥10 trillion in sales in 10 years is unlikely, consistent expansion in markets like SE Asia, Europe and the US is a certainty. Travis Lundy, in his report titled “The Fast Retailing (9983) Selldown Conundrum – Not Now, But Soon… Then For A Long Time” believes that the stock is not cheap but is under-owned, and revenues up 20% year-over-year is a very good look. Lastly, Oshadhi Kumarasiri, in his report titled “Fast Retailing: Inflated Earnings Expectations & Stretched Multiples, A Cause for Concern” argues that apparel demand in China was lower than expected and risks are skewed to the downside.

A look at Fast Retailing Smart Scores

Fast Retailing Co., Ltd., a Japanese clothing store chain, is expecting a long-term outlook of growth and momentum. According to the Smartkarma Smart Scores, the company scored a 4 in growth, a 5 in momentum, and a 3 in resilience, which suggests that the company is well-positioned to withstand any potential external impacts and to continue to grow. The company also boasts a strong market presence with its UNIQLO stores in Japan and other markets overseas, including the UK, China, Hong Kong, South Korea, US, France, Singapore and Russia.

The company’s value and dividend scores were lower, with a 2 for value and a 1 for dividend. This suggests that while Fast Retailing is a solid investment, it may not be the most profitable option for investors in the long-term. However, with the strong scores in growth, resilience and momentum, the company is well-positioned to continue to expand and grow in the years to come.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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• Costco reported a total comparable sales miss for May.
• Total comparable sales dropped 0.3%, while estimates predicted an increase of 0.5%.
• US comparable sales excluding fuel and currencies rose 1.7%, in line with estimates.
• Analysts have a consensus of 26 buys, 14 holds, and 0 sells.

A look at Costco Wholesale Smart Scores

Costco Wholesale Corporation has received a positive outlook from Smartkarma Smart Scores, with a score of 4 for Growth, Resilience, and Momentum. This indicates that the company has a strong outlook for the long-term future. Costco Wholesale Corporation operates wholesale membership warehouses in multiple countries, selling a wide variety of goods, including food, automotive supplies, toys, hardware, sporting goods, jewelry, electronics, apparel, health and beauty aids, and more.

Costco Wholesale Corporation’s Value and Dividend scores are slightly lower, at 2 and 1 respectively. This suggests that, although the company has a strong outlook for the long-term, it may not be as profitable as other companies in the same sector. Nevertheless, Costco Wholesale Corporation is well-positioned to take advantage of the growing demand for its products and services in the coming years.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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• Dollar General‘s 1Q comparable sales missed estimates, increasing by only 1.6% compared to the estimated 3.81%.
• Earnings per share (EPS) was $2.34, a decrease from the previous year’s $2.41.
• Net sales increased by 6.8% year-over-year to $9.34 billion, missing estimates of $9.5 billion.
• Gross margin was 31.6%, which is higher than the previous year’s 31.3%, but lower than the estimated 31.1%.
• SG&A as a percentage of revenue was 23.7%, higher than the previous year’s 22.8%, and the estimated 22.9%.
• 190 new stores were added, and square footage growth was 6%, higher than the previous year’s 5.8%.
• Operating profit was $740.9 million, a decrease of 0.7% from the previous year, and lower than the estimated $763.7 million.
• Dollar General‘s CEO expressed confidence in the company’s ability to deliver strong growth in the years ahead, despite the near-term pressure.
• Analysts’ consensus is 19 buys, 10 holds, and 2 sells.

A look at Dollar General Smart Scores

Dollar General Corporation is a discount retail chain based in the United States. It offers a wide variety of merchandise, including consumable and non-consumable goods, for customers across the country. According to Smartkarma Smart Scores, Dollar General has a long-term outlook that is positive overall, with a score of 4 for Growth and 3 for Momentum. The company also scores 2 for Value and Resilience, and 1 for Dividend.

This indicates that, while Dollar General may not be the most attractive investment in terms of dividends, it is likely to see a steady increase in growth and momentum in the long term. In addition, the company’s value and resilience suggest a strong potential for continued success in the future.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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• On 1st June 2023, BYD reported a total of 240,220 units sold, compared to 114,943 units sold the same time last year.
• The vehicles sold totalled 240,220 units, compared to 114,943 units the same time last year.
• Year to date, 1 million vehicles have been sold, a 96% increase from the same time last year.
• 35 analysts have given a “buy” rating, 2 have given a “hold” rating, and 0 have given a “sell” rating.

BYD on Smartkarma

Leading independent analysts on Smartkarma have recently published research on BYD, a Chinese electric-car giant that has seen a surge in active funds investing in its stock. Steven Holden‘s research report titled “BYD Company: Moves to Top Auto Holding in EM” highlighted that investment levels in BYD Company Limited H Shares have reached record highs among active Emerging Market funds. Caixin Global‘s report titled “BYD Takes Over Insolvent Online Insurer as Foundation for Auto Insurance Unit” reported that the Chinese electric-car giant has acquired an online insurance unit of the scandal-plagued Tomorrow Holding Co. Ltd. with plans to turn it into an auto insurance provider.

The research reports, authored by Steven Holden and Caixin Global, have a bullish sentiment on BYD‘s stock, signaling that the company is a good investment opportunity for investors. With the surge in active funds investing in BYD, the company has risen up the ranks to become the most widely held and largest weight in the autos sector, surpassing Kia Corp and Mahindra & Mahindra over the last 2-years.

A look at BYD Smart Scores

BYD Company Limited is a manufacturer and seller of automobiles with subsidiaries that also research, develop, manufacture and sell batteries for mobile phones, cordless phones, power tools and other kinds of portable electronic devices. According to the Smartkarma Smart Scores, which is a 1-5 score for BYD indicating its overall outlook, the company has a strong long-term outlook. BYD scored a 5 for Growth and Momentum, a 4 for Resilience, a 2 for Value, and a 1 for Dividend.

BYD‘s strong scores indicate a positive long-term outlook for the company. The company’s 5 score for Growth and Momentum suggests that BYD will continue to expand in the future, while its 4 score for Resilience implies that it is well-positioned to weather any potential economic downturns. Moreover, its 2 score for Value suggests that the company is fairly valued and its 1 score for Dividend indicates that it may not offer a significant dividend in the future.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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• Salesforce Inc. reported subscription and support revenue of $7.64 billion, a 11% increase from the prior year.
• Adjusted EPS was $1.69, a 72% increase from the prior year.
• Revenue was $8.25 billion, a 11% increase from the prior year.
• Adjusted income from operations was $2.27 billion, a 74% increase from the prior year.
• Adjusted operating margin was 27.6%, a 10% increase from the prior year.
• Remaining performance obligations were $46.7 billion, a 11% increase from the prior year.
• Current remaining performance obligation was $24.1 billion, a 12% increase from the prior year.
• Salesforce Inc. initiated second quarter fiscal year 2024 revenue guidance of $8.51 to $8.53 billion, a 10% increase from the prior year.
• The company raised its full year fiscal year 2024 GAAP operating margin guidance to 11.4% and its non-GAAP operating margin guidance to 28.0%.
• Wall Street analysts have 42 “buys”, 12 “holds”, and 1 “sell” rating for the stock.

A look at Salesforce.Com Inc Smart Scores

Salesforce.Com Inc has a long-term outlook that looks promising. The company provides software on demand to businesses worldwide, and clients use its technology platform to manage their customer, sales and operational data. The Smartkarma Smart Scores for Salesforce.com Inc indicate a favourable outlook, with a score of 5 for Momentum and 3 for both Growth and Resilience. These scores show that the company is well positioned for long-term success and growth.

The company also scores well for Value, with a 2 on the Smartkarma Smart Score scale. This indicates that Salesforce.Com Inc is likely to retain its value over the long term, making it a good investment for investors looking for a reliable and profitable company.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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• CIMB’s 1Q revenue was 5.00 billion ringgit, a 5.5% increase year-over-year. This was below analyst expectations of 5.18 billion ringgit.
• Net income was 1.64 billion ringgit, a 15% increase year-over-year.
• Earnings per share (EPS) was 15.42 sen.
• Of the analysts surveyed, 16 rated the stock a buy, 5 rated it a hold, and 0 rated it a sell.

A look at CIMB Group Holdings Smart Scores

CIMB Group Holdings Berhad has been given a Smartkarma Smart Score of 4 for Value, 4 for Dividend, 3 for Growth, 2 for Resilience and 2 for Momentum. This indicates that CIMB Group Holdings is well-positioned for the long-term, as it has strong fundamentals and a good dividend yield. The company provides commercial banking and related financial services, and offers a full range of financial products and services, covering corporate and investment banking, consumer banking, treasury, insurance and asset management.

The Smartkarma Smart Scores suggest that CIMB Group Holdings is well-positioned to continue to provide competitive services in the long-term. The company’s strong fundamentals, high dividend yield, and wide range of financial services make it a good long-term investment. With the right strategies and a focus on innovation, CIMB Group Holdings is likely to remain a strong player in the financial services industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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• Wesfarmers has narrowed its forecast for FY net capital expenditure to between A$1.10 billion and A$1.20 billion.
• The company has the financial and organisational capacity to consider value-accretive opportunities.
• Wesfarmers is investing in technology and automation across its divisions.
• The company is introducing flexibility in store remuneration models and progressing new enterprise agreements to deliver productivity outcomes.
• Catch.com.au has seen a 37% reduction in headcount to lower costs, and is clearing unprofitable 1P range and unhealthy stock.
• Wesfarmers is commercially managing Target to maintain profitability and differentiate on apparel and soft home.
• Analysts have 5 buys, 7 holds, and 6 sells for the company.

A look at Wesfarmers Ltd‘s Smart Scores

Wesfarmers Ltd., a diversified conglomerate with retail, mining, insurance, manufacturing and distribution operations, has a long-term outlook that is optimistic. According to the Smartkarma Smart Scores, the company scores highly on Growth and Momentum, with a score of 4 in each category. This indicates that Wesfarmers Ltd. is likely to continue expanding its operations and increasing its market share in the future. The company also has a respectable score of 3 for Dividend, suggesting that it is likely to continue paying a steady dividend to shareholders in the long-term. Although the company has a lower score of 2 for Value, this is still relatively positive for a diversified conglomerate.

Overall, Wesfarmers Ltd. is a well-diversified conglomerate with a long-term outlook that is optimistic. With a score of 4 for Growth and Momentum, the company is likely to continue expanding its operations and increasing its market share. It also has a respectable score of 3 for Dividend, indicating that it is likely to continue paying a steady dividend to shareholders in the long-term. The company has a lower score of 2 for Value, but this is still relatively positive for a diversified conglomerate.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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• Tenaga Nasional Berhad (TNB) reported its first quarter earnings for the financial year of 2023.
• EPS (earnings per share) came in at 17.42 sen, beating the analyst consensus estimate of 9.750 sen.
• Net income for the quarter was 1.00 billion ringgit, and revenue was 12.63 billion ringgit.
• Among analysts, 9 rate the stock a “buy”, 9 rate it a “hold”, and 3 rate it a “sell”.

A look at Tenaga Nasional‘s Smart Scores

Tenaga Nasional Berhad is a Malaysian utility company that transmits, distributes, and sells electricity. With a Smartkarma Smart Score of 3 for Value, 4 for Dividend, 3 for Growth, 2 for Resilience, and 4 for Momentum, Tenaga Nasional has a generally positive long-term outlook. The company is well-positioned to provide high dividend yields and a steady stream of income for investors.

Moreover, Tenaga Nasional‘s high Momentum score indicates that the company is likely to have increasing growth potential over the long-term. Through its subsidiaries, the company also manufactures, sells, and repairs transformers and switchgears, as well as provides project management and consultancy services, engineering works, and energy project development services. With its strong dividend yields, growth potential, and wide range of services, Tenaga Nasional is well-positioned for a successful future.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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• Petronas Chemicals reported a net income of 532.0 million ringgit in the first quarter of 2023.
• The company’s revenue totaled 7.56 billion ringgit.
• Earnings per share (EPS) was 7.0 sen.
• The analyst consensus is 5 buys, 9 holds, and 6 sells.

A look at Petronas Chemicals Group‘s Smart Scores

Petronas Chemicals Group Bhd. is a chemical company that offers a diversified range of petrochemical products. According to the Smartkarma Smart Scores, the company has a good long-term outlook with a score of 3 for Value, 4 for Dividend, 4 for Growth, 4 for Resilience and 2 for Momentum. This indicates that the company is likely to continue to provide good value for shareholders, provide a steady dividend, show growth, and remain resilient in the long-term. However, the company may struggle to maintain momentum in the future.

The company offers a wide range of products such as olefins, polymers, fertilisers, methanol, and other basic chemicals and derivative products. With a good long-term outlook, Petronas Chemicals Group Bhd. is well-positioned to benefit from the growing demand for chemical products in the future.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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• Costco reported 3Q EPS of $2.93, compared to $3.04 year-over-year.
• Total company comparable sales, including gas and currency, increased 4%, compared to the 2.91% estimated.
• US comparable sales increased 4.9%, compared to the estimated 2.44%.
• Canada comparable sales increased 1.6%, compared to the estimated 1.3%.
• International comparable sales increased 1.6%, compared to the estimated 4.48%.
• Total company comparable sales excluding fuel, in constant currency, increased 3.5%, compared to the estimated 4.28%.
• US comparable sales excluding fuel, currencies increased 1.8%, compared to the estimated 3.48%.
• Canada comparable sales excluding gas, FX increased 7.4%, compared to the estimated 4.75%.
• International comparable sales excluding fuel, currencies increased 8.4%, compared to the estimated 6.65%.
• Total revenue increased 2% year-over-year to $53.65 billion, compared to the estimated $54.66 billion.
• Net sales increased 1.9% year-over-year to $52.60 billion, compared to the estimated $53.83 billion.
• Membership fees increased 6.1% year-over-year to $1.04 billion, compared to the estimated $1.05 billion.

A look at Costco Wholesale‘s Smart Scores

Costco Wholesale Corporation, a multinational retailer with warehouses in multiple countries, has a long-term outlook that is looking positive. It is highly valued by investors, receiving a score of 2 out of 5 on the Smartkarma Smart Scores. It has a low dividend score of 1 out of 5, but its growth score of 4 out of 5 shows that the company is growing steadily. Its resilience and momentum scores of 4 and 3 out of 5 respectively indicate that Costco Wholesale is well-positioned to weather any economic downturns and remain competitive in the long-term.

Costco Wholesale Corporation is a leader in the retail industry, offering a wide variety of products including food, automotive supplies, toys, hardware, sporting goods, jewelry, electronics, apparel, health and beauty aids, and more. With its strong long-term outlook, the company is well-positioned to continue to grow and remain competitive for many years to come.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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