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Morgan Stanley Analyst: Ralph Lauren Selloff 'Not An Over-Reaction'
Thursday, February 5, 2015 - 12:37pm | 323Ralph Lauren Corp (NYSE: RL) traded near a 52-week low Thursday after the company missed fiscal third-quarter expectations and cut its outlook. The apparel wholesaler and retailer changed hands recently at $141.82, up 1.5 percent. The shares are down more than 16 percent since Wednesday. The...
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Analysts: Nike Has Room For More Gains
Monday, December 15, 2014 - 12:24pm | 366Nike Inc (NYSE: NKE) shares are still in shape for further gains, despite a 22 percent run-up year-to-date, analysts said Monday. The athletic footwear maker is set to post fiscal second-quarter earnings Thursday that should reveal continued gains in U.S. and Western European market share...
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Analysts Cautious On Lululemon Athletica
Friday, December 12, 2014 - 2:50pm | 258Lululemon Athletica inc. (NASDAQ: LULU) beat third-quarter expectations by 10 percent recently, but a couple of analysts cautioned against chasing its shares in light of a disappointing outlook. The apparel company is up 43 percent from June lows, and traded recently at $52.65, up 3.3 percent...
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Credit Suisse: Coach's Turnaround Seen In 2016
Wednesday, October 29, 2014 - 3:20pm | 278Coach Inc (NYSE: COH) remains a long ride from its hoped-for turn-around, an analyst said Monday. The New York-based high-end handbag maker opened Monday near a 52-week low in the wake of a disappointing outlook that forecast a continued steep decline in same-store sales. Shares traded recently...
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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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Lululemon Athletica inc. Could Beat Q2 Views; Outlook Cloudy
Wednesday, September 10, 2014 - 2:35pm | 362Lululemon Athletica inc. (NASDAQ: LULU) shares have seen some recovery in recent weeks, but whether fiscal second-quarter results will show a positive inflection is unclear. Stiff competition, heavy investments and weak sales suggest not to Deutsche Bank's David Weiner, who reiterated a...
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Nike Outlook Cheers Wall Street; Shares Gaining
Friday, June 27, 2014 - 10:10am | 370Most analysts Friday applauded the outlook for Nike (NYSE: NKE), which earlier offered guidance and a fourth-quarter upside earnings beat. Nike posted earnings of $0.78 per share on revenue of $7.4 billion after the bell Thursday, beating estimates by $0.03. Perhaps the upside surprise wasn...
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Analyst Trims Nike FY15 EPS Forecast 1.5%, Cites 'Difficult Macro'
Monday, June 23, 2014 - 2:20pm | 205Deutsche Bank trimmed its fiscal 2015 earnings forecast for Nike (NYSE: NKE) by 1.5 percent on Monday, citing a difficult macro environment for the sports footwear giant. Deutsche's David Weiner took the action ahead of Nike's fiscal fourth-quarter earnings release Thursday, but left...