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Consumer & Retail Research Analysts

In-depth analysis of the consumer and retail market.

Comprehensive investigation, research and thought are used by our analysts to create the best information and options for our clients.

Brett Andress, CFA

Leisure

Brett Andress is a Managing Director, Equity Research Analyst with KeyBanc Capital Markets Inc. His research coverage is focused on the leisure sector.

Prior to taking over coverage of the leisure sector, Andress covered packaged food companies for KeyBanc Capital Markets. Before his promotion to senior analyst in 2015, Andress worked as a research associate covering the leisure sector. He started his career as a private bank investment analyst for J.P. Morgan Asset Management.

Andress earned a Bachelor of Business Administration in Finance and Business Economics from Ohio University in Athens, Ohio. He is a Chartered Financial Analyst and also holds the Series 7, 63, 86 and 87 industry licenses.

In June 2017, Andress was recognized by Thomson Reuters StarMine as the #2 earnings estimator in the Food Products sector.

Leisure Companies Under Research Coverage

CompanyTicker
Acushnet Holdings Corp.GOLF
Bally's CorporationBALY
Boyd Gaming CorporationBYD
Brunswick CorporationBC
Caesars Entertainment, Inc.CZR
Callaway Golf CompanyELY
Camping World Holdings, Inc.CWH
Cedar Fair, L.P.FUN
Churchill Downs IncorporatedCHDN
Harley Davidson, Inc.HOG
Hasbro, Inc.HAS
Malibu Boats, Inc.MBUU
Mattel, Inc.MAT
MCBC Holdings, Inc.MCFT
MGM Resorts International

MGM

OneWater Marine Inc.

ONEW

Patrick Industries, Inc.PATK
Penn National Gaming, Inc.

PENN

Polaris Industries, Inc.PII
Red Rock Resorts, Inc.

RRR

Sea World EntertainmentSEAS
Six Flags Entertainment CorporationSIX
Thor Industries, Inc.THO
Vail Resorts, Inc.MTN
Vista Outdoor Inc.VSTO
Weber Inc.WEBR
Winnebago Industries, Inc.WGO
YETI Holdings, Inc.YETI

Eric Gonzalez

Restaurants

Eric Gonzalez is a Vice President, Equity Research Analyst with KeyBanc Capital Markets Inc.  With the Company since June 2018, his research coverage is focused on restaurant companies. 

Prior to joining KeyBanc Capital Markets, Gonzalez spent seven years as a VP/Associate Analyst in Equity Research at RBC Capital Markets and UBS Securities.  While there, he worked on the Institutional Investor-ranked research team covering the restaurant sector.  Before that, Gonzalez was an Equity Research Associate at Oppenheimer & Co.  Other previous experience includes working in Institutional Fixed Income Sales at International Strategy and Investment Group, in Interest Rate/Structured Product Sales at Nomura Securities International, and in Fixed Income Sales & Trading at Morgan Stanley.  

Gonzalez earned a Bachelor of Science degree from the Dyson School of Applied Economics and Management at Cornell University, as well as a Master of Business Administration degree from Columbia Business School.  He also holds the Series 7, 63, 86 & 87 industry licenses. 

In 2017, Gonzalez was recognized as a “Rising Star” in the restaurant sector by Institutional Investor Magazine.

Restaurant Companies Under Research Coverage

CompanyTicker
Brinker International, Inc.EAT
Chipotle Mexican Grill, Inc.CMG
Darden Restaurants, Inc.DRI
Denny's CorporationDENN
Dine Brands Global, Inc.DIN
Domino's Pizza, Inc.DPZ
Jack in the Box Inc.JACK
McDonald's CorporationMCD
Papa John's International, Inc.PZZA
Restaurant Brands International Inc.QSR
Starbucks CorporationSBUX
Texas Roadhouse, Inc.TXRH
The Wendy's CompanyWEN
YUM! Brands, Inc.YUM

Bradley Thomas, CFA

Retail Hardlines

Bradley B. Thomas is a Managing Director, Equity Research Analyst with KeyBanc Capital Markets Inc. With the company since April 2008, his research coverage focuses on the retail hardlines industry.

Prior to joining the firm, Thomas was a vice president and senior analyst at Lehman Brothers in the retail sector. Thomas joined Lehman in 2001 and began his career on the Institutional Investor-ranked retail hardlines team.

In 2018, Thomas was ranked the #1 stock picker in the multiline retail sector by Thomson Reuters. In addition, in 2013, he was ranked #1 of 75 analysts in The Wall Street Journal’s Best on the Street Survey in the specialty retailers & services category. This marked his second WSJ award. He ranked #2 in the home construction & furnishings category in 2012.

Thomas is a graduate of Duke University, where he earned a Bachelor of Science in Economics with a minor in history. He is a CFA charterholder and a member of the New York Society of Security Analysts. Thomas is regularly featured in the media, appearing on CNBC and Bloomberg Television, and in publications such as The Wall Street Journal, Business Week and Barron’s.

Retail – Hardlines Companies Under Research Coverage

Company Ticker
Bed Bath & Beyond Inc. BBBY
Best Buy Co., Inc. BBY
Big Lots, Inc. BIG
Central Garden & Pet Company CENTA
Dollar General Corporation DG
Dollar Tree, Inc. DLTR
Ethan Allen Interiors Inc. ETH
Five Below, Inc. FIVE
Haverty Furniture Companies, Inc. HVT
The Home Depot, Inc. HD
La-Z-Boy Incorporated LZB
Lowe’s Companies, Inc. LOW
Ollie’s Bargain Outlet Holdings, Inc. OLLI
PROG Holdings, Inc. PRG
Purple Innovation, Inc. PRPL
Rent-A-Center RCII
RH RH
Sleep Number Corporation SNBR
Tempur Sealy International Inc. TPX
Tractor Supply Company TSCO
Williams-Sonoma, Inc. WSM

Kenneth Zener

Homebuilders & Building Products

Kenneth R. Zener is a Managing Director, Equity Research Analyst with KeyBanc Capital Markets Inc. Zener joined the company in summer 2010 to cover the building products and homebuilders sector.

Prior to joining KeyBanc Capital Markets, Zener worked at Macquarie Capital as the lead analyst in the building materials/products and homebuilders space. From 2005 to 2008, he worked at Merrill Lynch, first as an associate then as a lead analyst. Before joining Merrill, he worked for Orleans Homebuilders, Deutsche Bank from 2001 to 2004, and began his investment career at Sanford Bernstein in 1999.

Zener earned a Bachelor of Arts from Boston University and a Master of Business Administration from The University of Texas at Austin. He holds Series 7, 63, and 86/87 industry licenses.

In its June 2017 Analyst Awards, Thomson Reuters StarMine recognized Zener as the #1 earnings estimator in the Household Durables sector. This was Zener’s third award from StarMine.

Homebuilders & Building Products Companies Under Research Coverage

Company Ticker
Armstrong World Industries, Inc. AWI
Beacon Building Products BECN
D.R. Horton, Inc. DHI
Fortune Brands Home & Security, Inc. FBHS
Installed Building Products, Inc. IBP
KB Home KBH
Latham Group, Inc. SWIM
Lennar Corporation LEN
LGI Homes, Inc. LGIH
Masco Corporation MAS
M.D.C. Holdings, Inc. MDC
Meritage Homes Corporation MTH
NVR, Inc.

NVR

Owens Corning OC
PGT Innovations, Inc. PGTI
Pool Corporation POOL
PulteGroup, Inc. PHM
Quanex Corporation NX
Stanley Black & Decker, Inc. SWK
Taylor Morrison Home Corporation

TMHC

The Sherwin-Williams Company SHW
Toll Brothers, Inc. TOL
TopBuild Corp BLD
Whirlpool Corporation WHR

Kenneth Zener

Homebuilders & Building Products

Kenneth R. Zener is a Managing Director, Equity Research Analyst with KeyBanc Capital Markets Inc. Zener joined the company in summer 2010 to cover the building products and homebuilders sector.

Prior to joining KeyBanc Capital Markets, Zener worked at Macquarie Capital as the lead analyst in the building materials/products and homebuilders space. From 2005 to 2008, he worked at Merrill Lynch, first as an associate then as a lead analyst. Before joining Merrill, he worked for Orleans Homebuilders, Deutsche Bank from 2001 to 2004, and began his investment career at Sanford Bernstein in 1999.

Zener earned a Bachelor of Arts from Boston University and a Master of Business Administration from The University of Texas at Austin. He holds Series 7, 63, and 86/87 industry licenses.

In its June 2017 Analyst Awards, Thomson Reuters StarMine recognized Zener as the #1 earnings estimator in the Household Durables sector. This was Zener’s third award from StarMine.

Homebuilders & Building Products Companies Under Research Coverage

Company Ticker
Armstrong World Industries, Inc. AWI
Beacon Building Products BECN
D.R. Horton, Inc. DHI
Fortune Brands Home & Security, Inc. FBHS
Installed Building Products, Inc. IBP
KB Home KBH
Latham Group, Inc. SWIM
Lennar Corporation LEN
LGI Homes, Inc. LGIH
Masco Corporation MAS
M.D.C. Holdings, Inc. MDC
Meritage Homes Corporation MTH
NVR, Inc.

NVR

Owens Corning OC
PGT Innovations, Inc. PGTI
Pool Corporation POOL
PulteGroup, Inc. PHM
Quanex Corporation NX
Stanley Black & Decker, Inc. SWK
Taylor Morrison Home Corporation

TMHC

The Sherwin-Williams Company SHW
Toll Brothers, Inc. TOL
TopBuild Corp BLD
Whirlpool Corporation WHR

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