Rational Research

Rational Research
Observations about business
Created 07 Jun 2020
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  • Facts from the Week: Dec 31, 2021
    31 Dec 2021 • 2 min read • 2 0
    Summary Consumer: Mastercard reporting holiday sales up 10.7% vs 2019 and JP Morgan Chase consumer card spending up 9.1% vs two years ago Covid has caused near term disruption to cruise bookings thoug...
  • Facts from the Week: Dec 18, 2021
    18 Dec 2021 • 4 min read • 1 0
    Summary In housing, Lowe’s is expecting a moderation in home improvement in 2022 In consumer spending, US Census data shows an increase in year-over-year growth rates in November compared to October a...
  • Facts from the Week: Dec 11, 2021
    11 Dec 2021 • 7 min read
    SUMMARY Costco notes current inflation of 4.5-5.0%, compared to 1-1.5% in March, 2.5-3.5% in May, and 3.5-4.5% in September Ferguson notes low-teens inflation in the quarter UNFI noted inflation of 2....
  • Facts from the Week: Dec 5, 2021
    05 Dec 2021 • 4 min read
    Summary Costco saw inflation moderate in November from October Retail results and commentary on November has been mixed among value retailers, Big Lot’s said November comp was up 10% vs 2019 while Oll...
  • Facts from the Week: Nov 27, 2021
    27 Nov 2021 • 3 min read
    Summary Consumer spending remains strong with Mastercard estimating Black Friday sales up 12% vs last year and JP Morgan Chase spending up 22% vs two years ago In travel, TSA Checkpoint passengers are...
  • Facts from the Week: 11/21/21
    21 Nov 2021 • 6 min read
    Summary Housing continues to be in a strong place with Home Depot and Lowe’s reporting accelerating results through the quarter, Builders Confidence increasing, and William Sonoma raising guidance The...
  • ODP Corp - $ODP: remaining distribution biz is a good biz trading for ~1x EBITDA
    16 Nov 2021 • 12 min read • 3 2
    Summary Ick investing means taking a special analytical interest in stocks that inspire a first reaction of “ick.” I tend to become interested in stocks that by their very names or circumstances inspi...
  • Facts from the Week: Nov 13, 2021
    13 Nov 2021 • 3 min read • 2 0
    Consumer Drive Shack - $DS Blade - $BLDE Intellicheck - $IDN Department stores, particularly those predominantly selling apparel, were down 7% to 10% in transaction volumes during the quarter. While t...
  • Facts from the Week: Nov 7, 2021
    07 Nov 2021 • 3 min read • 1 0
    Summary Consumer spending remains strong with Costco’s two-year comp in the US (ex gas/fx) up 30% and JP Morgan’s consumer spending tracker trending up Financial markets are active with Interactive Br...
  • Facts from the Week: October 31, 21
    31 Oct 2021 • 8 min read • 4 0
    Summary Supply chain headwinds are beginning to ease slightly as noted by Haverty and Ethan Allen The National Retail Federation is forecasting 8.5-10.5% growth in holiday sales while Google is seeing...
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