Anthony Chukumba

Anthony Chukumba of Loop Capital expects the fourth-quarter earnings of Dollar Tree, Inc. (NASDAQ: DLTR) to be below consensus expectations amid weak Family Dollar sales. Fourth-Quarter Expectations Dollar Tree is scheduled to report its fourth-quarter results before the market open on March 1....

Loop Capital’s Anthony Chukumba expects Office Depot Inc (NASDAQ: ODP) to report an in-line fourth-quarter result on March 1 and issue a conservative forecast for 2017. Analyst Commentary Chukumba, who reiterates Hold rating on the stock, believes investors will primarily focus on trends in...

Anthony Chukumba of Loop Capital started coverage of Ulta Beauty Inc (NASDAQ: ULTA) with a Hold rating and $285 price target, saying the company’s valuation fully reflects its attractive near- and long-term prospects. Chukumba called Ulta Beauty the definitive “category killer” in...

Loop Capital’s Anthony Chukumba picks Best Buy Co Inc (NYSE: BBY), Five Below Inc (NASDAQ: FIVE) and Pier 1 Imports Inc (NYSE: PIR) as his favorites in the specialty hardlines retail sector in 2017. Chukumba also projects the year as another “stock picker’s market” for the...

Some investors have been bullish on Bed Bath & Beyond Inc. (NASDAQ: BBBY) being a prime target for a leveraged buyout. However, the company’s LBO at a meaningful premium to the current levels “would not be attractive to a financial sponsor,” Loop Capital Markets’ Anthony...

Initiating coverage of four specialty hardline retail companies, Loop Capital Markets’ Anthony Chukumba recommended going long on Pier 1 Imports Inc (NYSE: PIR). He cited the company’s improving fundamentals, easy year-over-year comps ahead and healthy free cash flow as reasons for the...

Loop Capital expects shares of Bed Bath & Beyond Inc. (NASDAQ: BBBY) to fall about 26 percent due to deteriorating fundamentals, questionable corporate governance and poor competitive positioning. The brokerage initiated coverage of Bed Bath & Beyond shares with a Sell rating and price...

Best Buy Co Inc (NYSE: BBY) products, on an average, are 2.3 percent more expensive than on Amazon.com, Inc. (NASDAQ: AMZN), with televisions being the most competitive product category, according to a study by Loop Capital. The study found that Best Buy's prices are more expensive than...

Loop Capital’s Anthony Chukumba has started coverage of four discount retailers and is bullish on Big Lots, Inc. (NYSE: BIG) and Five Below Inc (NASDAQ: FIVE). Top 2 Chukumba initiated coverage of Big Lots with a Buy rating and $64 price target, which implies 24 percent upside from December 6...

Loop Capital Markets analyst Anthony Chukumba initiated coverage on GameStop Corp. (NYSE: GME) with a Buy rating and a price target of $32, citing an expectation that video game results would stabilize, the existing attractive growth vehicles and the strong free cash flow. With the matured...

Best Buy Co Inc (NYSE: BBY) has made a number of brick-and-mortar, online and supply chain investments over the last few years, which will likely “continue to drive market share gains for the foreseeable future,” Loop Capital Markets’ Anthony Chukumba said in a report. He...

Anthony Chukumba of BB&T suggested back in April 2014 that Williams-Sonoma, Inc. (NYSE: WSM) should acquire Restoration Hardware Holdings Inc (NYSE: RH). On Wednesday, the analyst revisited the thesis, noting a deal "makes even more sense now than it did two years ago." Chukumba...

Anthony Chukumba of BB&T Capital Markets was a guest on CNBC's "Power Lunch" segment Wednesday to discuss the pending merger between Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP), which has now been officially terminated. According to Chukumba, the...