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Sozzi: By The End Of 2016, J C Penney Will Have 1,000 Stores
Thursday, January 8, 2015 - 10:30am | 256Read More...In an e-mail to clients on Thursday, Brian Sozzi of Belus Capital Advisors suggested that by the end of 2016, J C Penney Company Inc (NYSE: JCP) will have trimmed its store count to 1,000 stores, down from the projected 1,022 stores to end 2015. Sozzi previously speculated in October 2014 that...
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Brian Sozzi: It Would Make Sense For Dicks Sporting Goods To Go Private
Wednesday, January 7, 2015 - 4:09pm | 354Read More...Speaking to Benzinga, Belus Capital Advisors CEO Brian Sozzi said that it would make sense for Dicks Sporting Goods Inc (NYSE: DKS) to go private. Earlier Wednesday, Reuters reported that Dicks is in discussions with some buyout firms about going private. Sozzi said there are a number of...
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Brian Sozzi Comments On J C Penney's Q4 Report, Notes Sephora And Disney Store Growth
Wednesday, January 7, 2015 - 1:42pm | 266Read More...Brian Sozzi of Belus Capital Advisors commented on J C Penney Company Inc (NYSE: JCP) Wednesday after it reported strong Q4 growth. “The department store retailer reported that its fourth-quarter same-store sales growth would clock in at 3.7 percent, the upper-end of its 2 percent to 4...
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Why Brian Sozzi Isn't Surprised By The Surge In Sonic's Shares
Wednesday, January 7, 2015 - 10:10am | 218Read More...Shares of Sonic Corporation (NASDAQ: SONC) were trading higher by more than 8 percent Wednesday after the company's first quarter results exceeded expectations. Brian Sozzi of Belus Capital Advisors wasn't surprised by the move; He projected last November the company would perform well...
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Sozzi: Here's How Levi's Can Win Back Customers
Tuesday, January 6, 2015 - 6:15pm | 279Read More...Brian Sozzi of Belus Capital Advisors discussed the future of Levi Strauss & Co. with brand President James Curleigh and how it is trying to win back female customers. "Our quest now is to really set ourselves up as a 150-year old startup," according to Curleigh. Sozzi noted...
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Brian Sozzi Suggests Target May Soon Decide On Canada
Friday, January 2, 2015 - 1:54pm | 319Read More...The new Target Corporation (NYSE: TGT) “Chairman and CEO Brian Cornell is poised to make one of the biggest decisions of his professional career: whether to pull his new employer completely out of Canada, where it currently has 133 stores,” according to Belus Capital Advisors'...
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Brian Sozzi: Here's Why Chipotle May Not Replicate Its 2014 Success
Wednesday, December 31, 2014 - 9:48am | 569Read More...Brian Sozzi of Belus Capital Advisors wrote an article on The Street detailing three reasons why Chipotle Mexican Grill, Inc. (NYSE: CMG) is unlikely to replicate its success seen in 2014 in the coming year. Prime Real Estate Harder To Find According to Sozzi, Chipotle Mexican Grill has...
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Sozzi Says Coca-Cola Should Imitate Pepsico, Build Snacks Division
Monday, December 29, 2014 - 3:18pm | 308Read More...Analyst Brian Sozzi commented Monday that The Coca-Cola Co (NYSE: KO) should emulate Pepsico, Inc. (NYSE: PEP) in order to reverse weak earnings. Sozzi noted that “total U.S. carbonated soft-drink sales volume fell 3 percent last year to 8.9 billion cases, the ninth-straight year of...
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Sozzi: Starbucks Faces Challenges In 2015 Despite Recent Positive Developments
Friday, December 26, 2014 - 11:39am | 237Read More...Brian Sozzi of Belus Capital Advisors published an article on The Street that Starbucks Corporation (NASDAQ: SBUX) faces several challenges heading in to the new year. "Consider these issues to be partly a by product of Starbucks' own success," Sozzi wrote. "To keep its sales and earnings...
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Brian Sozzi: 3 'Headline-Grabbing' Surprises To Follow In 2015
Tuesday, December 9, 2014 - 9:32am | 307Read More...Brian Sozzi of Belus Capital Advisors wrote in an article on The Street that 2014 was full of “headline-grabbing” surprises for retailers and investors can expect many more in 2015. Sozzi lists three themes to look out for in 2015. Teen Apparel Store Closures According to Sozzi, specialty retailers...
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Does Goldman Sachs' Sell Rating On JC Penney Really Mean Sell?
Thursday, December 4, 2014 - 2:23pm | 572Read More...“Sell” is a word seldom heard on Wall Street. The reason being that investors are much more interested in how far a stock can go up, rather than how low it can fall. Therefore, analysts spend a majority of their time researching stocks that will rally as opposed to one's that may...
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Brian Sozzi: Sears' Quarterly Loss Was 'Ugly'
Thursday, December 4, 2014 - 1:24pm | 317Read More...Sears Holdings Corp (NASDAQ: SHLD) reported its third-quarter results Thursday. The company reported a better-than-expected loss per share while revenue came in better than expected. However, same-store sales declined by 0.7 percent, worse than the 0.1 percent decline seen in the same...
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Starbucks And Uber Partnership In the Works?
Tuesday, December 2, 2014 - 9:40am | 163Read More...Brian Sozzi, CEO of Belus Capital Advisors, has speculated that Starbucks Corporation (NASDAQ: SBUX) may team with Uber to create a delivery system for lattes. With store traffic dropping for Starbucks, Sozzi feels a partnership with Uber would be mutually beneficial, providing a bigger...
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Sozzi's 3 Black Friday Takeaways From Wal-Mart Visits
Monday, December 1, 2014 - 1:24pm | 104Read More...In a somewhat humorous delve into Wal-Mart Stores, Inc. (NYSE: WMT) holiday sales, analyst Brian Sozzi shared his three main observations: Barbie Dolls are not selling: Kids want iPads More Sales Due to More Employees on the shopping floor Ninja Turtle was completely out of stock The...
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J.C. Penney CEO Sees 'Strong Start' To Black Friday, Thanks Employees
Friday, November 28, 2014 - 12:50pm | 244Read More...JCPenney News tweeted quoted company CEO Mike Ullman Friday: "JCPenney's strong start to the season would not be possible without the dedication and hard work of our associates" - Mike Ullman $JCP — JCPenney News (@jcpnews) November 28, 2014 The “strong start...
