John Kernan

PVH Corp (NYSE: PVH) recently passed a 52-week low immediately following its third-quarter report, which showed an earnings beat but sales miss. Wells Fargo: 'The Story Doesn't Appear To Be Unraveling'  Gross margin weakness at Calvin Klein was largely responsible for the difficult...

Apparel company Guess?, Inc. (NYSE: GES) reported third-quarter results Wednesday that initially sent shares tumbling lower, but Cowen said the print signals continued momentum in the brand.  The Analyst Cowen's John Kernan maintains a Market Perform rating on Guess ...

Burlington Stores Inc (NYSE: BURL) reported Wednesday with third-quarter results that arrived better than expected and helped push the stock higher by more than 10 percent. What Happened Burlington Stores said it earned $1.21 per share in Q3 on revenue of $1.63 billion versus expectations...

Foot Locker, Inc. (NASDAQ: FL) shares are soaring after the retailer reported a third-quarter earnings and sales beat Tuesday. The footwear retailer reported Q3 earnings of 95 cents per share, beating estimates by 3 cents. Sales came in at $1.86 billion, beating estimates by $10 million. Many...

Ross Stores, Inc. (NASDAQ: ROST) shares traded lower despite reporting a third-quarter earnings beat Tuesday. The discount retailer reported third-quarter earnings of 91 cents per share, beating estimates by a penny. The company also raised FY18 EPS guidance from $3.92-$4.05 to $4.15-$4.20. Freight...

It’s the most wonderful time of the year, and that means retail stocks are back in action. Cowen’s retail team released a report Tuesday with ideas for holiday stock plays. Cowen analyst Oliver Chen lists Kohl’s Corporation (NYSE: KSS), Target Corporation (NYSE: TGT) and Tiffany...

In the athletic apparel industry, numerous higher-end brands have emerged on the women's side of the business, but men’s options have largely been relegated to Nike Inc (NYSE: NKE), Under Armour Inc (NYSE: UAA) and adidas AG (ADR) (OTC: ADDYY). These brands' price points are...

Strong promotional activity may be waning at Foot Locker, Inc. (NASDAQ: FL). The Analyst Cowen's John Kernan on Monday maintained a Market Perform rating and raised his price target from $46 to $56. The Thesis Cowen’s channel checks are showing significantly improved full-price selling...

Under Armour Inc (NYSE: UAA) shares gained 27.71 percent to $23.23 Tuesday after the apparel maker reported a big third-quarter earnings beat. What Happened The Baltimore-based athletic apparel brand reported Q3 earnings of 25 cents per share, beating estimates by 12 cents. Under Armour sales...

The influence of the Detroit-based sneaker marketplace StockX in footwear is accelerating, according to Cowen. StockX recently raised $44 million in Series B funding, which increases its potential for marketplace disruption, analyst John Kernan said in a Monday note. The funding round,...

Nike Inc (NYSE: NKE) shares were hit hard Wednesday after a sell-side analyst said the company's valuation feels rich after recently striking all-time highs. The Analyst Cowen analyst John Kernan maintained a Market Perform rating on Nike with a $81 price target. The Thesis...

Lululemon Athletica inc. (NASDAQ: LULU) has been on a upward trajectory this year that should continue, Cowen said Tuesday following a meeting with CEO Calvin McDonald.  The Analyst  Cowen analyst John Kernan maintained an Outperform rating  on Lululemon and raised the...

Excitement around golf is on the upswing after Tiger Woods' comeback at the Tour Championship last week to close out the PGA Tour season. Callaway Golf Co (NYSE: ELY) may be reaping the benefits of a golf resurgence, particularly due to its Topgolf investment, according to Cowen.  The...

Skechers USA Inc (NYSE: SKX) shares are down 27 percent year-to-date, but given the shoemaker's large valuation gap to peers, Cowen anticipates additional declines.  The Analyst  Cowen analyst John Kernan downgraded Skechers from Outperform to Market Perform and...

Apparel and footwear company VF Corp (NYSE: VFC) is emerging as a margin expansion story, according to Cowen. The Analyst Analyst John Kernan upgraded shares of VF Corp. from Market Perform to Outperform and increased the price target from $96 to $106. The Thesis VF Corp's 2023 guidance...