JHMC News and Press, John Hancock Multifactor Consumer Discretionary From 06/02/22

In this article, I give you my opinion on one of the highest yields in the consumer sector, Hanesbrands' 5.1% yield. The company is the ultimate value stock due to very low growth, but very high cash generation used to service Hanesbrands' high dividend yield and reduce debt. HBI ...

According to the latest estimates from deStatis, retail sales crashed by 5.4% in April 2022 when compared to March; nearly identical m/m results from the prior April. Only this time, no case count conundrum or overstimulated government in sight. No one can blame the pandemic for this ...

Wynn shares have been deadpooled by the mammoth China Covid-19 headwind policy. If you are willing to bet, Wynn's a favorite. The company's Las Vegas results for 1Q22 show how quickly a recovering market can respond to properties with brand power. Faint whispers about possible eas...

The economic news emanating from Britain and the European Union is continuing to come in weak, as many European countries are expected to slip into a recession this year. While inflation may be ebbing in China and the U.S., inflation is still accelerating in Britain and the rest of Eu...

The entire retail sector is taking a hit, and Five Below is no exception. Target and Walmart posted bad earnings when it comes to the bottom line. We go over these superficially. We explain what these bad earnings imply for Five Below and what we can expect over the short, medium ...

Retail sales have spiked over the last few months. Online retailers aren’t fairing much better. Inflation creates the illusion of retail strength. For further details see: Retailers Getting Hammered By Rising Costs

Until this week, that maxim seemed to be working in the current market as well, with both Target and Walmart as well as basic consumer goods companies in general holding their values better than the broader market indexes. To be sure, the news was not all bad. Sales for both Walmart a...

Latest 12 months wholesale price inflation ran 11%. Walmart and Target have big 2Q earnings misses. Oops! Retail demand does not seem to be the problem. In a market where computers and ETFs have no discernment, everything goes on sale. Retail may be uniquely advantaged when it...

Target Corporation lowered its guidance for fiscal 2022 during its latest earnings update on May 18, which saw shares of TGT plummet during normal trading hours. In our view, Target remains a free cash flow generating powerhouse, and management will likely do whatever it takes to pres...

Consumer sentiment has dropped to the lowest level in more than a decade. Average hourly earnings have risen by 5.5% over the last year. It appears Americans have taken on an “eat, drink and be merry for tomorrow we die” attitude. For further details see: W...