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Ulta Beauty Underpromises, Overdelivers: 4 Analysts Raise Price Targets After Q4 Print
Friday, March 10, 2023 - 12:24pm | 532Shares of Ulta Beauty Inc (NASDAQ: ULTA) rose in early trading on Friday, after the company reported better-than-expected fourth-quarter earnings. BMO Capital Markets analyst Simeon Siegel maintained a Market Perform rating, while raising the price target from $390 to $510. Credit Suisse analyst...
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Why These Stitch Fix Analysts Are Disappointed With Fiscal Q2 Print
Wednesday, March 8, 2023 - 12:10pm | 345Shares of Stitch Fix Inc (NASDAQ: SFIX) continued to slide in early trading on Wednesday after the company reported disappointing fourth-quarter earnings. Telsey Advisory analyst Dana Telsey maintained a Market Preform rating and price target of $5. KeyBanc analyst Noah Zatzkin reiterated a Sector...
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3 Ross Stores Analysts Offer Takes On Quarter, Disappointing Guidance
Wednesday, March 1, 2023 - 11:17am | 413Shares of Ross Stores Inc (NASDAQ: ROST) declined sharply in early trading on Wednesday, despite the company reporting a sales and earnings beat for its fourth quarter. Credit Suisse analyst Michael Binetti maintained an Outperform rating and price target of $123. BMO Capital Markets analyst...
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Why Lululemon Is In 'Penalty Box' In Short Term, But Remains One Of The 'Highest Quality Companies' Globally: 3 Analysts On Retailer's Guidance
Tuesday, January 10, 2023 - 12:12pm | 616Athletic apparel company Lululemon Athletica (NASDAQ: LULU) provided new guidance Monday ahead of the ICR Conference. The retailer sees fourth-quarter revenue coming in ahead of previously announced estimates, but the earnings per share range was tightened on margin concerns. Analysts are...
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Lululemon 'Paid' You To Buy December Dip As Gross Margins Tank Stock: Why Analysts Remain Bullish After Q3
Friday, December 9, 2022 - 12:29pm | 727Athletic apparel company Lululemon Athletica (NASDAQ: LULU) reported third-quarter financial results Thursday after market close. Analysts are updating their takes on the company after the earnings report and guidance for the fourth quarter. The Lululemon Analysts: Bank of America analyst Lorraine...
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Why 3 Stitch Fix Analysts Remain Cautious After F1Q Print: 'A Challenging Turnaround Amidst A Tough Macro Environment'
Wednesday, December 7, 2022 - 11:01am | 415Although Stitch Fix Inc (NASDAQ: SFIX) reported upbeat adjusted EBITDA for the fiscal first quarter, its stock came under pressure due to a sales miss. Truist Securities On Stitch Fix Analyst Youssef Squali maintained a Hold rating while reducing the price target from $6 to $5. Per Squali's...
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4 Nordstrom Analysts React To Q3 Earnings As Retail Stock Continues Its Descent
Wednesday, November 23, 2022 - 12:57pm | 503Shares of Nordstrom Inc (NYSE: JWN) were nosediving Wednesday, after the retailer reported its quarterly results. BofA Securities On Nordstrom Analyst Lorraine Hutchinson maintained an Underperform rating and $15 price target. “While 3Q earnings beat our estimate on slightly better...
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These 2 Ross Stores Analysts Raise Price Targets After Q3 Print
Friday, November 18, 2022 - 11:09am | 313Ross Stores, Inc. (NASDAQ: ROST) reported upbeat earnings on Thursday. Read more about where Ross Stores stands with analysts here. Telsey Group On Ross Stores Analyst Dana Telsey maintained a Market Perform rating while raising the price target from $80 to $120. “The earnings upside was...
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5 Peloton Analysts Break Down Q1 Sales Miss From Pandemic Stock Favorite
Friday, November 4, 2022 - 10:33am | 582Peloton Interactive Inc (NASDAQ: PTON) Thursday reported its quarterly results, missing earnings by a wide margin. Here's what the Street has to say. Morgan Stanley On Peloton Interactive Analyst Lauren Schenk maintained an Equal-Weight rating while lowering the price target from $8...
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Nordstrom Stock Plunges After Earnings: 4 Analysts Break Down Q2 Print, Guidance Cut
Wednesday, August 24, 2022 - 12:15pm | 464Nordstrom, Inc. (NYSE: JWN) Tuesday reported second-quarter earnings that were slightly better than the consensus estimate, but lowered its full-year forecast, warning of an inventory glut due to slowing demand. Telsey Advisory Group On Nordstrom Analyst Dana Telsey maintained a Market Perform...
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5 Kohl's Analysts On Bloated Inventory, Guidance Cut: 'Fundamentals Are Likely To Get Worse'
Friday, August 19, 2022 - 4:37pm | 550Kohl's Corporation (NYSE: KSS) shares are down 4% on Friday after the company cut its guidance and said inflation is eating into its sales growth. On Thursday, Kohl's reported second-quarter adjusted EPS of $1.11 on $4.09 billion. Both numbers exceeded consensus analyst estimates of $1.30...
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EXCLUSIVE: Telsey Advisory Group CEO Dana Telsey Says 'You're Going To See A Lot Of Retail Companies Reset Guidance'
Friday, July 15, 2022 - 5:03pm | 871Benzinga’s Money Mitch had the opportunity to catch up with Dana Telsey, CEO and chief research officer of Telsey Advisory Group, on Benzinga’s Stock Market Movers to discuss her thoughts on the retail sales report that was issued on Friday. A retail expert, in her 31-year career ...
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3 Analysts' Key Takeaways From Lululemon Athletica's Q1 Print
Friday, June 3, 2022 - 11:30am | 372Lululemon Athletica Inc (NASDAQ: LULU) reported revenues of $1.61 billion, ahead of the consensus estimate of $1.53 billion, and earnings of $1.48 per share, exceeding Street expectations of $1.43 per share. Wells Fargo On Lululemon Athletica: Analyst Ike Boruchow maintained an Equal Weight...
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Gap Analysts React To Mixed Q1 Earnings: 'Disappointed, But Not Surprised'
Friday, May 27, 2022 - 1:22pm | 514Shares of Gap Inc (NYSE: GPS) intially dropped more than 5% on Friday after the company reported first-quarter earnings and cut its full-year profit guidance. On Thursday, Gap reported a first-quarter adjusted EPS loss of 44 cents, missing consensus estimates of a 13-cent loss. Gap reported revenue...
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4 Urban Outfitters Analysts React To Q1 Earnings Miss, Rising Costs, Growing Inventory
Wednesday, May 25, 2022 - 2:11pm | 498Urban Outfitters, Inc. (NYSE: URBN) shares traded higher by 11.6% on Wednesday, despite the company reporting disappointing first-quarter earnings numbers. On Tuesday, Urban Outfitters reported first-quarter adjusted EPS of 33 cents on $1.05 billion in revenue. Both numbers fell short of...