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Low Expectations Were Still Too High For Tailored Brands In A Messy Q4
Thursday, March 9, 2017 - 11:51am | 426Shares of Tailored Brands Inc (NYSE: TLRD) plunged more than 30 percent after the company reported across the board miss in its fourth quarter as the solid results around the Thanksgiving Holiday didn't occur in the Christmas period and beyond. “The weakness was endemic, with not a single...
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Focus Points For Tailored Brands Q4 Report
Monday, March 6, 2017 - 9:59am | 391With Tailored Brands Inc (NYSE: TLRD) scheduled to report its fiscal-year 2017's fourth-quarter results after the close on March 8, Wunderlich’s Eric Beder noted, “While not an important bottom-line quarter for the company, investors will be focused on the return to positive comps at...
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Urban Outfitters Has 'No Relief In Sight'
Monday, March 6, 2017 - 8:40am | 365With Urban Outfitters, Inc. (NASDAQ: URBN) scheduled to report its Q4 2017 results after Tuesday's close, Wunderlich’s Eric Beder believes the company “continues to register margin weakness in the face of weak sales gains, the weakening of gains from inventory management, and a mix...
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Why The Street Believes Kate Spade Will Be Acquired, But Has Doubts On Angie's List
Friday, February 17, 2017 - 10:19am | 724Local services marketplace Angie's List Inc (NASDAQ: ANGI) and apparel & accessories company Kate Spade & Co (NYSE: KATE), although proceeding toward the same goal, are presenting a contrasting picture, at least as far as their stocks are concerned. Seeking Strategic Alternatives In...
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Kate Spade Is For Sale; Wunderlich Says 'We Believe It Will Happen'
Thursday, February 16, 2017 - 3:50pm | 441Wunderlich believes a sale of Kate Spade & Co (NYSE: KATE) will happen as it makes an appetizing acquisition target for many players due to its compelling domestic and international growth opportunities, brand value and upper income focus. Kate Spade, which makes luxury handbags, said it is...
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A Guess And Kate Spade Pair Trade From Google Search Data
Monday, February 13, 2017 - 12:31pm | 255An analysis of specialty retail data collated from the Google Trends online platform for the fiscal fourth quarter period suggests that Guess?, Inc. (NYSE: GES) may have recorded comp sales upside against market estimates within the Americas region, while Kate Spade & Co (NYSE: KATE) may report...
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1-800-Flowers.com Is One Of The Best Positioned Consumer Plays
Monday, January 30, 2017 - 10:33am | 2841-800-Flowers.Com Inc (NASDAQ: FLWS) is scheduled to announce its Q2 FY 2017 results on Tuesday. The company would likely report in-line results and maintain its annual guidance, which may prove conservative, Wunderlich’s Eric Beder said in a report. He reiterated a Buy rating on the company...
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4 Apparel Retailers That Came Dressed To Impress At ICR Conference
Wednesday, January 11, 2017 - 12:30pm | 404The nineteenth ICR conference is underway at the Grand Lakes Resort in Orlando. The event, which began Monday and will end Wednesday, is a forum for exchanging insights into current consumer and economic trends. Wunderlich’s Eric Beder put out his thoughts on four apparel retailers that...
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Aerie And Tailgate Catalysts For American Eagle; Wunderlich Reiterates Buy
Wednesday, January 11, 2017 - 10:37am | 343“Unlike the vast majority of its brethren, we believe American Eagle Outfitters (NYSE: AEO) has a focused plan to leverage its leadership positions in denim and its rising positions at Aerie and Tailgate to drive higher margins and returns,” Wunderlich’s Eric Beder said in a note...
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G-III 'Setting The Stage For A Revival,' Wunderlich Says Buy
Wednesday, January 11, 2017 - 9:17am | 303Wunderlich reiterates its Buy rating and $33 price target on the shares of G-III Apparel Group, Ltd. (NASDAQ: GIII), saying the company is setting the platform for revival after a tough 2016. “We believe, after a tough 2016, that the company is once again setting the stage for a return to...
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PVH's Prelim Results Show Luxury Brands May Be Immune To Woes At Partners Like Macy's, Kohl's
Thursday, January 5, 2017 - 2:37pm | 300Shares of Macy's Inc (NYSE: M) and Kohl's Corporation (NYSE: KSS) plummeted Thursday as both companies disappointed investors with announcements of poor holiday sales. While the department stores issued concerning updates, the same can't be said for the apparel makers. PVH Corp (...
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2017 Will Be Another Transition Year For Retail
Tuesday, December 20, 2016 - 4:33pm | 635Wunderlich said in a report Tuesday it expects 2017 to be another transition year for retailers, as the shift from brick-and-mortar to omnichannel continues. The firm expects 2017 to be another period of "less" for the specialty retailing/apparel group — with less stores, less inventory,...
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Guess Sales Looking Comparatively Strong In December
Tuesday, December 13, 2016 - 11:18am | 298Guess?, Inc. (NYSE: GES) has been able to achieve the December 2016 pricing results, which outpaced the decline in the aggregate contemporary segment, unlike the earlier months of 2016. Wunderlich’s Eric Beder maintained a Buy rating on the company, with a price target of $20....
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Abercrombie Poised For Worst Holiday Teen Retail Performance
Tuesday, December 13, 2016 - 9:26am | 320Monday was a rough day for Abercrombie & Fitch Co. (NYSE: ANF) shareholders as the stock lost nearly 7 percent and was within striking distance of its 52-week lows of $14.00. Investors hoping for some support from Wall Street analysts were likely disappointed again as Eric Beder of Wunderlich...
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Tailored Brands Still Surging After Q3 Earnings
Thursday, December 8, 2016 - 2:41pm | 263Tailored Brands Inc (NYSE: TLRD) reported Q3 results after market close on Wednesday, drastically beating both top- and bottom-line estimates. EPS of $0.68 compared with a $0.55 estimate, and revenue of $864 million compared with a $832 million estimate. The market responded in droves, driving the...