Nomura Securities on Retail/Home Improvement: Anyone Know BOPIS? Well You Should
Tweet
Share
E-mailGet Alerts HD Hot Sheet
Price: $282.85 +0.14%
Rating Summary:
28 Buy, 21 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 14 | Down: 15 | New: 50
Rating Summary:
28 Buy, 21 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 14 | Down: 15 | New: 50
Join SI Premium – FREE
Nomura Securities on Retail/Home Improvement: Anyone know BOPIS?
Analyst, Aram Rubinson, said, "Over several weeks, we have used Home Depot's (NYSE: HD) and Lowe's (NYSE: LOW) Buy-Online Pick-up In-Store feature (BOPIS) to gain valuable insight into the merchandise strategies at the two retailers. In turn, this could illustrate differences that drive HD’s edge in sales and transactions per foot vs its competitor."
"During our survey period, with an average stock-out rate of 3.8%, HD seems to merchandise more purposefully. By not committing as fully to inventory, LOW leaves itself vulnerable to stock-outs (13% rate). This could illustrate differences that drive HD’s edge in sales and transactions per foot vs its competitor. Even though HD is out-executing LOW, time should be on LOW’s side, given its aggressive share repurchases and the potential for a rebound in the industry. Maintain Buy on LOW, Neutral on HD."
Analyst, Aram Rubinson, said, "Over several weeks, we have used Home Depot's (NYSE: HD) and Lowe's (NYSE: LOW) Buy-Online Pick-up In-Store feature (BOPIS) to gain valuable insight into the merchandise strategies at the two retailers. In turn, this could illustrate differences that drive HD’s edge in sales and transactions per foot vs its competitor."
"During our survey period, with an average stock-out rate of 3.8%, HD seems to merchandise more purposefully. By not committing as fully to inventory, LOW leaves itself vulnerable to stock-outs (13% rate). This could illustrate differences that drive HD’s edge in sales and transactions per foot vs its competitor. Even though HD is out-executing LOW, time should be on LOW’s side, given its aggressive share repurchases and the potential for a rebound in the industry. Maintain Buy on LOW, Neutral on HD."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Freedom Broker Upgrades Nike (NKE) to Buy
- Piper Sandler on AppLovin Corp (APP): 'We remain cautious into the 3Q26 print'
- Accenture plc (ACN) PT Raised to $235 at BMO Capital Following 'Better-than-Excepted' Results
Create E-mail Alert Related Categories
Analyst Comments, Retail SalesRelated Entities
NomuraSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
