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Lululemon Athletica Analysts Size Up Retailer Ahead Of Q2 Report, Talk Mirror Acquisition
Wednesday, September 2, 2020 - 3:04pm | 607Three analysts are increasing their Lululemon Athletica Inc (NASDAQ: LULU) price targets ahead of the retailer's second-quarter earnings report. Piper Sandler also went into detail on Lululemon's acquisition of the fitness company Mirror. The Lululemon Analysts: Wedbush analyst...
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Why 2 Urban Outfitters Analysts Are Sidelined After Retailer's Q2 Sales Beat
Wednesday, August 26, 2020 - 2:32pm | 502Specialty fashion retailer Urban Outfitters, Inc. (NASDAQ: URBN) reported second-quarter results Tuesday that were highlighted by a surprise profit, but two Street analysts are staying on the fence due to the stock's valuation. The Urban Outfitters Analysts Baird analyst Mark...
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Wall Street Weighs In On Lululemon's Mirror Acquisition
Tuesday, June 30, 2020 - 3:30pm | 687Lululemon Athletica Inc (NASDAQ: LULU) shares gained 5.5% on Tuesday after the company announced a $500 million buyout of in-home fitness company Mirror. Mirror is Lululemon’s first major acquisition, and the deal is expected to close in the second half of the year. New Way To Connect Bank of...
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Street Stays Bullish On Stitch Fix, New 'Direct Buy' Features
Tuesday, December 10, 2019 - 1:40pm | 539Stitch Fix Inc (NASDAQ: SFIX) shares are surging after reporting a first-quarter earnings and sales beat. Stitch Fix earnings came in flat, beating estimates by 6 cents per share. The company reported quarterly sales of $444.8 million, which beat the analyst consensus estimate of $441 million. This...
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Wall Street Reacts To Ulta's Q3 Beat, Makeup Headwinds Remain A Concern
Monday, December 9, 2019 - 2:26pm | 711Cosmetic retailer Ulta Beauty Inc (NASDAQ: ULTA) reported a third-quarter earnings beat Thursday, but sales missed estimates by $75 million. Cosmetic Industry Weakness Buy-side expectations have come way down on Ulta, leading the company to deliver a surprise earnings beat amid worsening macro...
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'Their Model Continues To Thrive': TJX Analysts React To Q3 Earnings Beat
Wednesday, November 20, 2019 - 6:12pm | 741TJX Companies Inc (NYSE: TJX) shares are falling one day after the retailer reported a third-quarter earnings beat. Morgan Stanley Analyst Kimberly Greenberger said she sees off-price share gains from department stores, specialty and discount retailers continuing. “Off-price...
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2 Analysts React To Urban Outfitters' Sales Miss, Stock Drop
Wednesday, November 20, 2019 - 4:14pm | 383Urban Outfitters, Inc. (NASDAQ: URBN) shares are in free-fall mode after reporting a third-quarter earnings miss on Tuesday. Encouraged By Improved Results Baird analyst Mark Altschwager said he was encouraged by Urban Outfitters improved results fueled by a resurgence at Anthropologie and strength...
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The Street Debates If Now Is The Time To Shop For Kohl's Stock
Wednesday, November 20, 2019 - 12:16pm | 616Kohl's Corporation (NYSE: KSS) disappointed investors Tuesday with an EPS miss in its third-quarter report, along with a downward revision in its full-year outlook. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wedbush analyst Jen Redding...
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Baird Applauds Tapestry's New CFO Pick
Thursday, June 20, 2019 - 2:58pm | 439Tapestry Inc (NYSE: TPR) announced its new chief financial officer hire Wednesday. The Analyst Baird analyst Mark Altschwager reiterated an Outperform rating on Tapestry with a $43 price target. The Thesis Joanne Crevoiserat is the luxury fashion brand's new CFO...
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Abercrombie & Fitch In Free Fall After Q1 Print, Bull Analysts Nowhere To Be Seen
Thursday, May 30, 2019 - 3:34pm | 627Shares of Abercrombie & Fitch Co. (NYSE: ANF) have dropped nearly 50 percent over the past month. The retailer reported a first quarter earnings and sales beat Wednesday, but issued weak second-quarter guidance. The stock was down 4.79 percent at the time of publication Thursday. ...
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2 Analysts React To Kohl's Q1 Earnings Miss
Wednesday, May 22, 2019 - 5:02pm | 400Kohl’s Corporation (NYSE: KSS) shares plummeted Tuesday after reporting a first-quarter earnings miss. A couple of analysts weigh in on what to do with the stock moving forward. Staying Positive “We see good value at current levels—with reset estimates supporting more attractive...
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Wall Street Reacts To Nordstrom's Disappointing Q1: 'We See The Turnaround As Likely Paused For Now'
Wednesday, May 22, 2019 - 2:35pm | 538Nordstrom, Inc. (NYSE: JWN) are still reeling after the retailer reported a disappointing first-quarter report Tuesday. Here's what the sell-side has to say. Bank Of America Merrill Lynch The company’s sales drop is worse than expected and was exacerbated by execution missteps...
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Is Abercrombie & Fitch Back In Fashion With The Street?
Thursday, March 7, 2019 - 1:24pm | 576Abercrombie & Fitch Co. (NYSE: ANF) reported fourth-quarter results that sent the stock soaring on Wednesday. The parent company of Hollister and Abercrombie stores reported a top-and-bottom line beat and better than expected comps. The Analysts Wedbush's Jen Redding maintains a Neutral...
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Lululemon Shares Are Getting Flexed, But Analysts Are Still Bullish
Friday, December 7, 2018 - 3:26pm | 601Lululemon Athletica inc. (NASDAQ: LULU) delivered yet another impressive earnings report Thursday, but shares are getting pummeled. The Canadian-based athletic apparel brand delivered third-quarter adjusted earnings of 75 cents per share, beating estimates by 5 cents. Sales came in at $748 million...
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Should Investors Buy The Dip In Ulta Beauty? The Street Debates
Friday, December 7, 2018 - 2:20pm | 592Retailer Ulta Beauty Inc (NASDAQ: ULTA) reported an earnings beat in its third-quarter results, while sales fell inline with expectations but management's outlook for the holiday quarter fell short of the Street's estimates. Here is a summary of how some of the Street's top analysts...