John Kernan

Under Armour Inc (NASDAQ: UAA) is confident in the trajectory of its turnaround strategy, according to Cowen.   Shares of the Baltimore-based apparel brand are moving higher after it reported a much-needed first-quarter sales beat Thursday and raised its 2019 guidance. The Analyst...

Lululemon Athletica, inc. (NASDAQ: LULU) hosted its analyst day this week, and it brought big announcements from an apparel company that has gained a lot of momentum in recent months.  Arguably, the biggest revelation was the announcement that Lululemon is entering the footwear business. Here...

Columbia Sportswear Company (NASDAQ: COLM) shares are off on Friday despite reporting a big first-quarter earnings beat and raised guidance. The Analyst Cowen's John Kernan maintains an Outperform rating and raised his price target from $120 to $123. The Thesis Kernan continues to see upside to...

It's a new era for Burlington Stores Inc (NYSE: BURL) after the retailer announced Wednesday that Thomas Kingsbury, its chairman and CEO for over a decade, will step down later this year. Michael O’Sullivan, formerly president and COO of Ross Stores, Inc. (NASDAQ: ROST), will take...

Cowen recently took consultants and investors on a tour of off-price retail stores to conduct some channel checks. The Analyst John Kernan maintains an Outperform rating on Burlington Stores Inc (NYSE: BURL) with a $165 target. He maintains an Outperform rating on Ross Stores, Inc. (NASDAQ: ROST)...

Yeti Holdings Inc (NYSE: YETI) has been one of the hottest stocks of 2019 and could continue its run. The Analyst Cowen analyst John Kernan initiated coverage on Yeti with an Outperform rating and a $35 price target. The Thesis Kernan says Yeti’s consensus sales and EPS estimates appear...

New Guess?, Inc. (NYSE: GES) CEO Carlos Alberini outlined some of his strategic vision for the company after taking the reigns of the company at Cowen’s Future of the Consumer conference in New York City last week. The Analyst Cowen analyst John Kernan maintains an Market Perform rating with...

Lululemon Athletica inc. (NASDAQ: LULU) shares are trading higher after reporting impressive fourth-quarter earnings Wednesday. According to a NPD Consumer panel, the athleisure-brand sold more women’s activewear in the U.S. last quarter than Nike Inc (NYSE: NKE). The Analysts Cowen analyst...

Nike Inc (NYSE: NKE) shares were falling Friday despite reporting a strong third-quarter earnings beat on Thursday. Morgan Stanley Analyst Lauren Cassel said that although expectations are high, Nike remains the firm's top pick and recommends buying the dip, as the apparel maker's direct-to...

Adidas AG (ADR) (OTC: ADDYY) shares were surging higher Thursday, one day after taking a dive amid fears that the company’s North American momentum was finally slowing following its fourth-quarter report. The company launched a remarkable comeback in 2015 in North America and has doubled...

Retailer Dicks Sporting Goods Inc (NYSE: DKS) on Tuesday morning reported fourth-quarter results that came in better than expected. Gross margins fell during the quarter and management offered concerning guidance for 2019. Here is a summary of how some of the Street's top analysts reacted to...

The battle between Nike Inc (NYSE: NKE) and Adidas AG (ADR) (OTC: ADDYY) for sportswear supremacy remains one of the greatest rivalries in sports. Amid the fierce brand competition, a new report from Cowen outlines a path higher for both stocks while suggesting that Nike maintains the upper...

Cowen analysts met with Ralph Lauren Corp (NYSE: RL)'s management team, giving the research firm increased conviction in its bullish stance on the stock. The Analyst Cowen's John Kernan maintains an Outperform rating on Ralph Lauren with an unchanged $150 price target. The Thesis Cowen...

Puma AG Rudolf Dassler Sport (OTC: PMMAF) remains one of the hottest brands in athletic apparel. The German sportswear brand finished its fiscal year with strong brand momentum after surpassing the 2 billion-euro sales mark for the first time, but the company issued a conservative EBIT outlook...

Outdoor and footwear brands exhibited strength in the fourth quarter, and the positive trend appear to have continued into Q1. VF Corp (NYSE: VFC)'s stock seems undervalued ahead of the Jeanswear segment spin-off into Kontoor Brands, according to Cowen. The Analyst Cowen’s John...