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Mizuho Securities: Gap's Q4 Guidance 'Reflects Continued Woes'
Friday, November 21, 2014 - 10:15am | 262Following The Gap Inc.'s (NYSE: GPS) third-quarter results issued on Thursday, Betty Chen of Mizuho Securities maintained a Buy rating on shares with a price target lowered to $45 from a previous $47. “Although we are encouraged by the team's ability to skew the assortment toward...
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Athleisure Wear Fad A Rapidly Growing, But Crowded Space
Tuesday, August 26, 2014 - 11:37am | 496Sales of yoga apparel have risen 45 percent year over year, according to analysts at SportsOneSource. During the same time period, yoga participation also grew... by 4.5 percent. Analysts at Barclays may have noticed the same trend. Those analysts stated that the U.S. athletic apparel market (...
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Market Wrap For January 27: China Concerns, Declining Home Sales, Tomorrow's Fed Meeting and Obama's Speech Keep Markets Lower
Monday, January 27, 2014 - 5:48pm | 2489U.S. stocks picked up where they left off on Friday and declined today as investors have plenty on their mind. With earnings being a mixed bag, investors are looking at emerging markets and economic data to support a bullish case for equities. On the emerging market front, investors remain...
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New Gap Offering Could Spell Trouble For LULU, Wall Street Strategies Reports
Thursday, January 13, 2011 - 12:11pm | 331Amidst all the Lululemon Athletica inc. (NASDAQ: LULU) hoopla, Gap, Inc. (NYSE: GPS) issued a press release today announcing the opening of its first Athleta store, a 5,000 square foot box in San Francisco, Wall Street Strategies reports. “Why should this matter if you are a shareholder in...