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Mizuho Securities Expects Solid Q3 Results For Lululemon Athletica
Wednesday, December 10, 2014 - 9:29am | 139In a report published Wednesday, Mizuho Securities analyst Betty Chen reiterated a Neutral rating and $40.00 price target on Lululemon Athletica (NASDAQ: LULU). In the report, Mizuho Securities noted, “We anticipate solid 3Q results (potential for slight beat from SG&A) and guidance and note ~+...
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Analysts: Aeropostale Profits May Be Grounded Indefinitely
Friday, December 5, 2014 - 10:35am | 327Aeropostale Inc (NYSE: ARO) could be grounded indefinitely, analysts said Thursday after the teen apparel retailer posted disappointing results. Aeropostale closed Thursday at $2.48, down $0.71. Year-to-date, the company has lost more than 72 percent of its value. "No matter how many...
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Analysts: Guess? Turnaround 'Will Take Time'
Friday, December 5, 2014 - 10:14am | 270Guess?, Inc. (NYSE: GES) fell more than 9 percent Thursday after it cut guidance for the fourth quarter and analysts offered divided views on the company's outlook. The apparel retailer is struggling to turnaround its business, but "this will take time to play out," Topeka analyst...
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Mizuho: Expect Mixed November Comps For The Gap, L Brands And Zumiez
Tuesday, December 2, 2014 - 10:01am | 252Betty Chen of Mizuho Securities is expecting most retailers to demonstrate “flattish” sales trends in their November sales reports. “Lower gas prices and improving unemployment trends have not been overtly visible in overall consumer spending,” Chen wrote in a note on...
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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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L Brands Q3 Earnings Preview
Wednesday, November 19, 2014 - 4:31pm | 346L Brands Inc (NYSE: LB) reports Q3 earnings after the market close Wednesday. Analyst estimates anticipated EPS of $0.39 on revenue of $2.31 billion. Mizuho analyst Betty Chen anticipated EPS of $0.40 vs. $0.31 LY: “Despite the highly promotional retail environment, the company drove...
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Urban Outfitters Is Fed Up With Teenagers
Tuesday, November 18, 2014 - 11:58am | 430Urban Outfitters, Inc. (NASDAQ: URBN) is fed up with teenagers. "We aren't getting as many young kids... but that's by design," CEO Richard Hayne told analysts Monday. "... We don't want the young teen that we started catering to several years ago." The company...
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UPDATE: Mizuho Securities Downgrades Urban Outfitters On Expectations Of Soft 3Q And Weak 4Q Gross Margin Commentary
Friday, November 14, 2014 - 9:34am | 145In a report published Friday, Mizuho Securities analyst Betty Chen downgraded the rating on Urban Outfitters, Inc. (NASDAQ: URBN) from Buy to Neutral, and lowered the price target from $36.00 to $30.00. In the report, Mizuho Securities noted, “We are downgrading URBN to Neutral as we look for soft...
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Mizuho Securities Initiates Coverage On Kate Spade
Thursday, October 30, 2014 - 9:36am | 210Mizuho Securities initiated coverage on Kate Spade & Co (NYSE: KATE) Thursday with a Neutral rating and $28 price target. Analyst Betty Chen noted that "given tepid mall traffic thus far, earnings may see near-term pressure as KATE faces slowing comp momentum against its toughest...
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Mizuho Securities Continues To Recommend The Gap
Friday, October 24, 2014 - 8:14am | 136In a report published Friday, Mizuho Securities analyst Betty Chen reiterated a Buy rating and $48.00 price target on The Gap (NYSE: GPS). In the report, Mizuho Securities noted, “We continue to recommend GPS shares as analysis of Athletha suggests another opportunity to capitalize on the robust...
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Abercrombie & Fitch Co. Shares Lower Following Coverage From Mizuho, Piper Jaffray
Monday, October 6, 2014 - 1:35pm | 126Shares of Abercrombie & Fitch Co (NYSE: ANF) are trending lower Monday following coverage from two firms. Mizuho Securities upgraded shares to a Buy from Neutral and the raised price target to $45 from $43. Betty Chen notes fashion improvements, revamped marketing tactics, improving margins...
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L Brands Q2 Earnings Preview: Profit And Gross Margin A Question Mark
Wednesday, August 20, 2014 - 3:29pm | 577L Brands (NYSE: LB) will report its second quarter results after market close on Wednesday. L Brands reported its first quarter results on May 21. The company earned $0.53 per share, topping analyst expectations by $0.01. Revenue grew 5.3 percent from a year ago to $2.39 billion and came in $10...
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How To Acquire A Company Stealthily: Sycamore Sneaks Up On Express
Monday, June 16, 2014 - 11:48am | 681Shares of Express (NYSE: EXPR) traded up as much as 23.62 percent on news of the Sycamore stake and potential acquisition on Friday. Analysts were eager to comment on the news and possibilities for the retailer. Express Confirms Potential Acquisition by Shareholder In a 13-D filing on June 12...
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Gap Shares Moving Up After Company Beats April Estimates
Friday, May 9, 2014 - 1:34pm | 158Shares of Gap (NYSE: GPS) are trading up ~4 percent Friday following better-than-expected results for the month of April. In Thursday's report, CEO Glenn Murphy said, "We are pleased with our execution overall in April, especially at Old Navy." Gap also included diluted EPS guidance of $0.56 - $0...
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Analysts Battle Over Gap's March Results
Friday, April 11, 2014 - 2:29pm | 357On Thursday, The Gap (NYSE: GPS) reported March sales results. Shares traded about two percent lower following weak results and lower-than-expected decline in comps. Summary of Results The company expected March to be negatively impacted due to the Easter holiday being in April this year...