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Jefferies slashes price target on Grocery Outlet Holding Corp. [GO] – find out why.

Jefferies slashes price target on Grocery Outlet Holding Corp. [GO] – find out why.
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Carpi. Taglio del nastro per l'Emporio Cinquepani - Gazzetta di Modena Modena

Carpi. Taglio del nastro per l'Emporio Cinquepani - Gazzetta di Modena Modena
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FirstCash Reports First Quarter Results; Adds 26 Stores During Quarter; Increases Quarterly Dividend to $0.30 per Share

FirstCash Reports First Quarter Results; Adds 26 Stores During Quarter; Increases Quarterly Dividend to $0.30 per Share
FORT WORTH, Texas, April 21, 2021 (GLOBE NEWSWIRE) FirstCash, Inc. (the “Company”) (Nasdaq: FCFS), the leading international operator of over 2,770 retail pawn stores in the U.S. and Latin America, today announced operating results for the three month period ended March 31, 2021, and an update on the impact of COVID-19 on its business. In addition, the Board of Directors declared a $0.30 per share quarterly cash dividend, an increase of 11% compared to the previous quarterly dividend of $0.27 per share, to be paid in May 2021.
Mr. Rick Wessel, chief executive officer, stated, “We are pleased to report strong first quarter earnings results and cash flows which exceeded our internal expectations. These rapidly improving results highlight the diversity of FirstCash’s business model and continued profitability despite the impacts of COVID-19. More ....

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Burlington, formerly Coat Factory, plans to open 100 new stores as other companies are closing

Burlington Stores plans to open 100 new stores this year and sees an opportunity to reach 2,000 US stores in the future, the company said Thursday. ....

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Dollar Tree announces new locations including plan for Family Dollar combination stores

PHILADELPHIA Dollar Tree said Wednesday that it will open 600 new stores this year, continuing dollar store chains torrid growth across the United States.
The announcement comes as the pandemic has taken a toll on many retailers and forced thousands of stores to close. But dollar stores have surged as economically-strapped customers seek out bargains on food, household essentials and other items. Dollar Tree said Wednesday that sales at stores open for at least one year increased 4.9% during the 13 weeks ending Jan. 30, compared with the same stretch a year ago.
The company, which also owns the Family Dollar chain, will open 400 Dollar Tree stores and 200 Family Dollar stores this year. The two chains combined have nearly 15,700 US locations and last year opened around 400 stores. ....

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