Anthony Chukumba

Staples, Inc. (NASDAQ: SPLS) reported on Tuesday its first-quarter results in which the office supply retailer's earnings of $0.17 was in line with expectations and revenue of $4.15 billion fell short of the $4.50 billion analysts were expecting. According to Loop Capital Markets' Anthony...

Many retail investors are certainly feeling the pain this week, but that doesn't mean Wall Street analysts are issuing downgrades across the board. Loop Capital Markets' Anthony Chukumba upgraded Bed Bath & Beyond Inc. (NASDAQ: BBBY)'s rating from Sell to Hold but with an unchanged $35 price...

If you are reading this article to find out what the heck a fidget spinner is, you probably don’t have kids or don't suffer from clinically diagnosed anxiety. Fidget spinners are the latest toy/collectible fad sweeping the nation. While parents and teachers are trying to figure out what to...

A bull-bear confrontation brewed following the release of mixed fourth-quarter results for Pier 1 Imports Inc (NYSE: PIR). While Loop Capital Markets, the bull in this scenario, expressed increasing confidence in the company's ability to drive top-line and earnings growth in the second half of...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported Wednesday fourth-quarter earnings of $1.84 per share compared to $1.91 per share last year, which included a $0.06 per share gain. Net sales were up 3.4 percent to $3.5 billion, achieved on the back of a 0.4 percent increase in comps. The...

Shares of Staples, Inc. (NASDAQ: SPLS) soared Tuesday following reports the office supply retailer is in talks to sell itself in a deal that would value the company at $7 billion or more. Anthony Chukumba of Loop Capital Markets commented on the reports, noting that the concept of a sale of itself...

Hhgregg, Inc. (OTC: HGGGQ) has filed a form 8-K stating its plans to commence going-out-of-business sales in the event the company is unable to find a buyer by Friday. Best Buy Co Inc (NYSE: BBY) would be “the major beneficiary of an hhgregg liquidation,” Loop Capital’s Anthony...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) is scheduled to report its fiscal fourth-quarter 2016 results on April 5. The company could report its results broadly in-line with consensus expectations, and investors are likely to focus on comparable sales growth, profit margins and free cash flow,...

Discount retailer Five Below Inc (NASDAQ: FIVE) was performing strongly Thursday, up over 12 percent at one point during the day following a Q4 earnings beat on both the top and bottom lines. Loop Capital reiterated its Buy rating and $54 price target on Five Below, saying the company’s...

With GameStop Corp. (NYSE: GME) scheduled to report its fiscal fourth-quarter 2016 results after the close on March 23, Loop Capital’s Anthony Chukumba expects investors to mainly focus on “management's fiscal 2017 guidance for the core video game business; early reads on the...

Dollar General Corp. (NYSE: DG) will report its fourth quarter earnings on Thursday. Investors will focus on comps, commentary about initiatives in pricing, investments and 2017 store opening plans. Q4 Expectations Michael Lasser of UBS believes Dollar General’s top-line remained stable,...

Anthony Chukumba of Loop Capital expects Staples, Inc. (NASDAQ: SPLS)’s earnings in line — with an EPS outlook for fiscal 2017 above consensus — when it reports fourth-quarter results March 9. What To Expect From Staples Earnings Chukumba expects fourth-quarter 2016 and fiscal...