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Analysts Unfazed By VF Corp's Slower Growth
Tuesday, October 21, 2014 - 12:44pm | 231Despite slower growth at key sportswear brands, VF Corp's (NYSE: VFC) recent third-quarter performance drew applause from Wall Street analysts. Growth slowed to 11 percent, from 16 percent in the second quarter at the company's outdoor and action sports segment. The segment, which...
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D.A. Davidson Sees September Comp Trends Accelerate For Zumiez
Thursday, October 9, 2014 - 8:00am | 161In a report published Thursday, D.A. Davidson analyst Andrew Burns reiterated a Buy rating and $36.00 price target on Zumiez (NASDAQ: ZUMZ). In the report, D.A. Davidson noted, “ZUMZ's +6.6% September comp exceeded consensus at +2.7% (Retail Metrics) and our +2.2% estimate. The positive comp was...
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UPDATE: D.A. Davidson Reiterates On Nike Inc As F1Q Results Handily Exceed Consensus
Friday, September 26, 2014 - 8:47am | 168In a report published Friday, D.A. Davidson analyst Andrew Burns reiterated a Neutral rating on Nike Inc (NYSE: NKE), and raised the price target from $85.00 to $96.00. In the report, D.A. Davidson noted, “NIKE reported revenue and EPS of $7.982 billion and $1.09, above consensus estimates of $7....
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D.A. Davidson Has Mixed Outlook On Nike Inc Ahead Of Earnings Report
Wednesday, September 24, 2014 - 8:09am | 121In a report published Wednesday, D.A. Davidson analyst Andrew Burns reiterated a Neutral rating and $85.00 price target on Nike Inc (NYSE: NKE). In the report, D.A. Davidson noted, “Our F1Q revenue and EPS estimates are $7.802 billion and $0.86, compared to consensus of $7.775 billion and $0.88,...
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Lululemon Athletica inc. Rallies But Fails To Impress Analysts
Friday, September 12, 2014 - 11:34am | 302Lululemon Athletica inc. (NASDAQ: LULU) shares opened sharply higher Friday on both an apparent short squeeze and investor enthusiasm for better-than-expected second-quarter results. But better than expected for Vancouver-based Lululemon, meant flat same-store sales that left a number of...
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UPDATE: D.A. Davidson Upgrades Skullcandy
Wednesday, August 20, 2014 - 2:00pm | 106In a report released Wednesday, D.A. Davidson analyst Andrew Burns upgraded Skullcandy (NASDAQ: SKUL) from Hold to Buy while increasing its price target from $8 to $10. Analysts at D.A. Davidson favor Skullcandy's core business stabilizing, influencing operating margin improvement by 12.2...
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D.A. Davidson & Co. Sees Healthy Trajectory Into B2S For Zumiez
Thursday, August 7, 2014 - 9:01am | 142In a report published Thursday, D.A. Davidson & Co. analyst Andrew Burns reiterated a Buy rating and $36.00 price target on Zumiez (NASDAQ: ZUMZ). In the report, D.A. Davidson & Co. noted, “ZUMZ's +3.5% July comp exceeded consensus at +2.8% (Retail Metrics) and our +3.0% estimate. The...
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UPDATE: D.A. Davidson & Co. Reiterates On Nautilus Following New Product Success
Tuesday, August 5, 2014 - 7:54am | 176In a report published Tuesday, D.A. Davidson & Co. analyst Andrew Burns reiterated a Buy rating on Nautilus (NYSE: NLS), and raised the price target from $14.00 to $15.00. In the report, D.A. Davidson & Co. noted, “2Q yields impressive revenue and EPS upside. NLS reported revenue and EPS of...
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UPDATE: D.A. Davidson Upgrades Cabela's
Friday, July 25, 2014 - 9:23am | 146In a note published Friday morning, D.A. Davidson analyst Andrew Burns upgraded shares of Cabela's (NYSE: CAB) from Neutral to Buy and maintained a $72 price target. Burns noted the company reiterated 2014 EPS guidance and believes that this highlights the company's competitive strength...
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UPDATE: D.A. Davidson & Co. Reiterates On Under Armour On Impressive Revenue Upside
Friday, July 25, 2014 - 8:34am | 152In a report published Friday, D.A. Davidson & Co. analyst Andrew Burns reiterated a Neutral rating on Under Armour (NYSE: UA), and raised the price target from $58.00 to $72.00. In the report, D.A. Davidson & Co. noted, “UA reported revenue and EPS of $609.7 million and $0.08, compared to...
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UPDATE: D.A. Davidson & Co. Reiterates On Hanesbrands On Record Margins, Earnings Growth Visibility
Thursday, July 24, 2014 - 8:06am | 120In a report published Thursday, D.A. Davidson & Co. analyst Andrew Burns reiterated a Neutral rating on Hanesbrands (NYSE: HBI), and raised the price target from $100.00 to $108.00. In the report, D.A. Davidson & Co. noted, “HBI reported revenue and adjusted EPS of $1.342 billion and $1.71...
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UPDATE: D.A. Davidson & Co. Reiterates On Zumiez Following Solid June Results
Thursday, July 10, 2014 - 8:35am | 111In a report published Thursday, D.A. Davidson & Co. analyst Andrew Burns reiterated a Buy rating on Zumiez (NASDAQ: ZUMZ), and raised the price target from $35.00 to $36.00. In the report, D.A. Davidson & Co. noted, “ZUMZ's +3.1% June comp compares to consensus at +2.2% (Retail Metrics) and...
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UPDATE: D.A. Davidson & Co. Reiterates On Nike On Healthy Finish To FY14
Friday, June 27, 2014 - 8:17am | 158In a report published Friday, D.A. Davidson & Co. analyst Andrew Burns reiterated a Neutral rating on Nike (NYSE: NKE), and raised the price target from $82.00 to $85.00. In the report, D.A. Davidson & Co. noted, “NIKE reported revenue and EPS of $7.425 billion and $0.78, above consensus...
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UPDATE: D.A. Davidson & Co. Reiterates On Hanesbrands As Acquisition Improves Earnings Power
Thursday, June 26, 2014 - 8:08am | 189In a report published Thursday, D.A. Davidson & Co. analyst Andrew Burns reiterated a Neutral rating on Hanesbrands (NYSE: HBI), and raised the price target from $89.00 to $100.00. In the report, D.A. Davidson & Co. noted, “Hanesbrands announced its intention to acquire DBApparel of France...
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UPDATE: D.A. Davidson & Co. Reiterates On Gildan Activewear On Additional Long-Term Growth Driver
Friday, June 20, 2014 - 7:41am | 141In a report published Friday, D.A. Davidson & Co. analyst Andrew Burns reiterated a Buy rating on Gildan Activewear (NYSE: GIL), and raised the price target from $64.00 to $68.00. In the report, D.A. Davidson & Co. noted, “This morning, GIL announced it has signed a definitive agreement to...