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How Wall Street Is Reacting To Urban Outfitters Earnings
Tuesday, August 18, 2015 - 2:53pm | 1008Shares of Urban Outfitters, Inc. (NASDAQ: URBN) jumped higher by more than 4 percent after the company reported its second-quarter results. However, shares were volatile during Tuesday's session and dipped into negative territory by early afternoon. Here is a summary of what Wall Street...
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Credit Suisse Weighs In On Zumiez Post-Q1 Results
Friday, June 5, 2015 - 9:14am | 285Shares of Zumiez Inc. (NASDAQ: ZUMZ) were trading lower by more than 10 percent during Friday's pre-market session after the company reported its first quarter results on Thursday that fell short of expectations. Zumiez reported that it earned $0.09 per share in the first quarter, $0.03 less than...
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Wall Street's Reaction To Gap's Q1 Earnings
Friday, May 22, 2015 - 1:13pm | 506Gap Inc (NYSE: GPS) reported a decline in its earnings for the first quarter on Thursday. Here is how some of Wall Street's top retail analysts responded. Topeka: Q1 As Expected In a brief note, Dorothy Lakner said Gap's first quarter print came in as expected, with reaffirmed...
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Credit Suisse Reiterates Outperform Rating, Lowers PT On Five Below As Margin Leverage Is Delayed Again
Thursday, March 26, 2015 - 7:59am | 154In a report published Thursday, Credit Suisse analyst Christian Buss reiterated an Outperform rating on Five Below, Inc. (NASDAQ: FIVE), but lowered the price target from $45.00 to $38.00. In the report, Credit Suisse noted, "Five Below reported 4Q results better than the (negatively) pre-announced...
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Credit Suisse Reiterates Outperform, Raises PT On Nike As Underlying Demand Is Healthy
Friday, March 20, 2015 - 8:34am | 129In a report published Friday, Credit Suisse analyst Christian Buss reiterated an Outperform rating on Nike Inc (NYSE: NKE), and raised the price target from $99.00 to $106.00. In the report, Credit Suisse noted, "Nike continues to manage its business exceptionally well, with revenue and earnings...
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Credit Suisse Reiterates Outperform, Lowers PT On Nike On Solid Global Demand Ahead
Monday, March 16, 2015 - 8:13am | 136In a report published Monday, Credit Suisse analyst Christian Buss reiterated an Outperform rating on Nike Inc. (NYSE: NKE), but lowered the price target from $102.00 to $99.00. In the report, Credit Suisse noted, "Heading into Nike's F3Q15, we have increased conviction in the company's ability to...
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Credit Suisse Reiterates Neutral, Raises PT On Zumiez As Gross Margin Finally Moves Upwards
Friday, March 13, 2015 - 8:39am | 123In a report published Friday, Credit Suisse analyst Christian Buss reiterated a Neutral rating on Zumiez Inc. (NASDAQ: ZUMZ), and raised the price target from $34.00 to $36.00. In the report, Credit Suisse noted, "Zumiez executed exceptionally well in 4Q, with comps of 8%, gross margin up Y/Y for...
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Credit Suisse Reiterates Neutral, Raises PT On Urban Outfitters As Top-Line Turns Corner
Tuesday, March 10, 2015 - 9:14am | 164In a report published Tuesday, Credit Suisse analyst Christian Buss reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target from $34.00 to $45.00. In the report, Credit Suisse noted, "Urban Outfitters showed the first quarter for positive comps across...
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Mounting Foreign Exchange Pressure, Outdated Business Models Puts These 2 Retailers At Risk
Friday, February 13, 2015 - 11:38am | 273Christian Buss of Credit Suisse on Friday commented in a note that deflationary pressure in the U.S. apparel market and mounting foreign exchange headwinds puts in to question a potential earnings turnaround for both Gap Inc (NYSE: GPS) and Abercrombie & Fitch Co. (NYSE: ANF) in 2015. According...
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Credit Suisse Reiterates Outperform, Lowers Price Target On Ralph Lauren As Foreign Currency Overshadows Operational Initiatives
Thursday, February 5, 2015 - 8:34am | 150In a report published Thursday, Credit Suisse analyst Christian Buss reiterated an Outperform rating on Ralph Lauren Corp. (NYSE: RL), but lowered the price target from $187.00 to $151.00. In the report, Credit Suisse noted, "Ralph Lauren's EPS miss ($2.42 versus our $2.53) centered primarily...
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Deckers Outdoor Plummets, Analysts Divided
Friday, January 30, 2015 - 12:58pm | 426Deckers Outdoor Corp (NYSE: DECK) shares tumbled Friday a day after the maker of Ugg boots missed expectations for its fiscal third quarter and cut its outlook. The company traded recently down more than 18 percent to $67.26 a share. With about a quarter of the company's revenue coming...
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UPDATE: Credit Suisse Downgrades Tumi On 2015 Outlook
Wednesday, January 21, 2015 - 9:42am | 116In a report published Wednesday, Credit Suisse analyst Christian Buss downgraded the rating on Tumi Holdings Inc (NYSE: TUMI) from Outperform to Neutral, and lowered the price target from $23.00 to $22.00. In the report, Credit Suisse noted, “Adjusting Estimates; Downgrade to Neutral And Lower...
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Credit Suisse Sees Lululemon Athletica's Outlook Being 'Brighter,' Raises Price Target
Tuesday, January 13, 2015 - 11:24am | 178Christian Buss of Credit Suisse on Tuesday reiterated a Neutral rating on shares of Lululemon Athletica inc. (NASDAQ: LULU) while raising the price target to $61 from a previous $47 as the company's outlook appears to be “brighter.” Buss notes that the company's management team recently raised its...
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A Closer Look At 3 Apparel Companies
Wednesday, January 7, 2015 - 3:08pm | 332Michael Kors Holdings Ltd (NYSE: KORS) fell 8 percent on Tuesday after Credit Suisse analyst Christian Buss downgraded it from Outperform to Neutral and lowered the price target from $103.00 to $79.00. So what are other options in the apparel industry? Hanesbrands Inc. (NYSE: HBI) Over the...
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UPDATE: Credit Suisse Downgrades Michael Kors As Promotional Activity Intensifies
Tuesday, January 6, 2015 - 8:56am | 198In a report published Tuesday, Credit Suisse analyst Christian Buss downgraded the rating on Michael Kors Holdings Ltd (NYSE: KORS) from Outperform to Neutral, and lowered the price target from $103.00 to $79.00. In the report, Credit Suisse noted, “We are downgrading shares of Michael Kors...