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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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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...
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4 Ross Analysts React To Q1 Earnings Miss, Guidance Cut, Execution Missteps
Friday, May 20, 2022 - 3:01pm | 574Shares of Ross Stores, Inc. (NASDAQ: ROST) dropped 23.9% on Friday after the company became the latest retail stock to disappoint the market with its first-quarter numbers. On Thursday, Ross reported first-quarter adjusted EPS of 97 cents on revenue of $4.33 billion. Both numbers missed consensus...
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4 Lululemon Analysts React To Post-Earnings Weakness: 'Challenging Year In Digital Fitness'
Monday, December 13, 2021 - 12:32pm | 506Shares of Lululemon Athletica Inc (NASDAQ: LULU) stabilized on Monday after a disappointing performance last week on lackluster guidance for its Mirror at-home fitness device. On Thursday, Lululemon reported third-quarter adjusted EPS of $1.62 on revenue of $1.45 billion. Both numbers topped...
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Stitch Fix Stock Tumbles After Q1 Earnings: Analysts React To Subscriber Miss, Guidance Cut
Wednesday, December 8, 2021 - 5:08pm | 445Stitch Fix Inc (NASDAQ: SFIX) shares dropped 22.8% on Wednesday after the company slashed its full-year revenue guidance. On Tuesday, Stitch Fix reported a fiscal first-quarter adjusted EPS loss of 2 cents, beating consensus analyst estimates of a 14-cent loss. First-quarter revenue of $581 million...
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2 Urban Outfitters Analysts Break Down Q3 Earnings As Stock Pulls Back
Tuesday, November 23, 2021 - 12:57pm | 289Urban Outfitters Inc (NASDAQ: URBN) reported third-quarter earnings at 89 cents per share Monday, beating the consensus estimate of 84 cents per share, driven by top-line growth and margin expansion. Wells Fargo On Urban Outfitters Wells Fargo analyst Ike Boruchow reiterated an Equal Weight...
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Lululemon Analysts Break Down Q2 Earnings: 'Clear Runway For Continued Growth'
Thursday, September 9, 2021 - 3:36pm | 529Lululemon Athletica Inc (NASDAQ: LULU) shares traded higher by 12.7% on Thursday after the athletic apparel company reported a second-quarter earnings beat and raised its guidance. On Wednesday, Lululemon reported second-quarter adjusted EPS of $1.65 on revenue of $1.45 billion, and both numbers...
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Levi Strauss Is Attractive From 'Tops' To 'Bottoms,' Wells Fargo Says
Monday, August 30, 2021 - 11:48am | 278Levi Strauss & Co. (NYSE: LEVI) has indicated it is in the early stages of a new denim cycle, according to Wells Fargo. The Levi Strauss Analyst: Ike Boruchow initiated coverage of Levi Strauss with an Overweight rating and a price target of $31. The Levi Strauss Thesis: The company is among...
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Why These 4 Ulta Analysts Lifted Price Targets After Q2 Earnings
Sunday, August 29, 2021 - 10:23pm | 469Here's what four Ulta Beauty (NASDAQ: ULTA) analysts had to say after the beauty retailer's second-quarter print. The Ulta Beauty Analysts: Raymond James analyst Olivia Tong has an Outperform rating on Ulta and raised the price target from $395 to $460. Wells Fargo analyst...
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New Hanesbrands Management Turns Wells Fargo Bullish: What You Need To Know
Tuesday, July 13, 2021 - 11:51am | 357Hanesbrands, Inc. (NYSE: HBI) appears to be making a turnaround after several years of disappointing acquisitions and decision-making, according to a Wells Fargo. The Hanesbrands Analyst: Ike Boruchow upgraded Hanesbrands from Equal-Weight to Overweight and increased the price target from $20...
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5 Lululemon Analysts Break Down Q1 Beat: 'Momentum Building At LULU'
Friday, June 4, 2021 - 2:50pm | 541Lululemon Athletica Inc (NASDAQ: LULU) shares traded higher by 3.2% on Friday after the company reported an aggressive rebound in sales and store traffic in the first quarter. Lululemon reported first-quarter adjusted EPS of $1.16 on revenue of $1.23 billion. Both numbers topped consensus analyst...
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Lululemon's Prospects Remain Fit
Wednesday, March 31, 2021 - 3:05pm | 639Athletic apparel maker Lululemon Athletica Inc (NASDAQ: LULU) reported fourth-quarter results that came in better than expected but were overshadowed by management's outlook of higher investments in 2021. The Lululemon Analysts: Wells Fargo analyst Ike Boruchow maintains a Hold rating on...
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Stitch Fix's Stock 'Has Simply Run Too Far,' Wells Fargo Says In Downgrade
Thursday, December 3, 2020 - 12:05pm | 375Online personal styling service company Stitch Fix Inc (NASDAQ: SFIX) has seen its stock rise around 60% since the start of 2020 and the outperformance versus the S&P 500 index implies it "has simply run too far," according to Wells Fargo. The Stitch Fix Analyst: Ike Boruchow...
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4 Stitch Fix Analysts Unpack Q4 Report As Stock Plunges
Wednesday, September 23, 2020 - 11:35am | 788Online personal styling company Stitch Fix Inc (NASDAQ: SFIX) reported Tuesday afternoon with fourth-quarter results that were highlighted by a return of double-digit organic sales growth, but a muted outlook for the start of the new fiscal year. Here's how the Street reacted. ...
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7 Lululemon Analysts On The Q2 Print: 'We See The Pullback As An Opportunity'
Wednesday, September 9, 2020 - 12:07pm | 640Lululemon Athletica Inc (NASDAQ: LULU) reported second-quarter revenue that was up 2%, led by direct-to-consumer sales that rose 155% year-over-year. Here's what the Street had to say. The Lululemon Analysts: KeyBanc Capital Markets analyst Matthew DeGulis maintains a Sector Weight rating...