Michael Binetti

Nike Inc (NYSE:NKE) shares plummeted following bleak revenue numbers and lowered guidance in its fourth-quarter report. Some analysts have soured on the Beaverton, Oregon-based company. Here’s what the Street is saying Friday after the print. The Nike Analysts: The following analysts...

Shares of Nordstrom Inc (NYSE: JWN) tanked in early trading on Wednesday, even after the company reported upbeat fourth-quarter sales and earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Telsey Advisory Group analyst Dana Telsey...

Shares of Ulta Beauty Inc (NASDAQ: ULTA) rose in early trading on Friday, after the company reported better-than-expected fourth-quarter earnings. BMO Capital Markets analyst Simeon Siegel maintained a Market Perform rating, while raising the price target from $390 to $510. Credit Suisse analyst...

Shares of Ross Stores Inc (NASDAQ: ROST) declined sharply in early trading on Wednesday, despite the company reporting a sales and earnings beat for its fourth quarter. Credit Suisse analyst Michael Binetti maintained an Outperform rating and price target of $123. BMO Capital Markets analyst...

Shares of Foot Locker, Inc. (NYSE: FL) have been on an uptrend so far this year. Since Mary Dillon took over as CEO in September, the company’s relationship with Nike Inc (NYSE: NKE) has improved, according to Credit Suisse. The Foot Locker Analyst: Michael Binetti upgraded the rating for...

Nike, Inc (NYSE: NKE) was sliding 4% lower Tuesday as the company heads into its second-quarter earnings print after the close. When Nike printed a first-quarter earnings beat on Sept. 29, the stock plunged 12% lower the following day. Although the company’s earnings came in ahead of...

Shares of Nordstrom Inc (NYSE: JWN) were nosediving Wednesday, after the retailer reported its quarterly results. BofA Securities On Nordstrom Analyst Lorraine Hutchinson maintained an Underperform rating and $15 price target. “While 3Q earnings beat our estimate on slightly better...

Ross Stores, Inc. (NASDAQ: ROST) reported upbeat earnings on Thursday. Read more about where Ross Stores stands with analysts here. Telsey Group On Ross Stores Analyst Dana Telsey maintained a Market Perform rating while raising the price target from $80 to $120. “The earnings upside was...

Kohl's Corporation (NYSE: KSS) shares are down 4% on Friday after the company cut its guidance and said inflation is eating into its sales growth. On Thursday, Kohl's reported second-quarter adjusted EPS of $1.11 on $4.09 billion. Both numbers exceeded consensus analyst estimates of $1.30...

Shares of Gap Inc (NYSE: GPS) intially dropped more than 5% on Friday after the company reported first-quarter earnings and cut its full-year profit guidance. On Thursday, Gap reported a first-quarter adjusted EPS loss of 44 cents, missing consensus estimates of a 13-cent loss. Gap reported revenue...

Nordstrom, Inc. (NYSE: JWN) shares traded higher by 11% on Wednesday after the company reported strong first-quarter sales numbers and raised its full-year guidance. On Tuesday, Nordstrom reported a first-quarter adjusted EPS loss of 6 cents, slightly missing consensus analyst estimates of a 5-cent...

Nordstrom, Inc. (NYSE: JWN) reported its fourth-quarter earnings at $1.23 per share, significantly ahead of the consensus estimate of $1.00 per share, backed by higher-than-expected gross margins. Telsey Advisory Group On Nordstrom Analyst Dana Telsey maintained a Market Perform rating on the stock...

Nordstrom, Inc. (NYSE: JWN) shares plunged on Wednesday after the company reported a third-quarter earnings miss driven by rising labor costs. Nordstrom reported third-quarter adjusted EPS of 39 cents, missing analyst estimates of 56 cents. Revenue for the quarter was $3.64 billion, beating analyst...

Nordstrom, Inc. (NYSE: JWN) shares have taken a dive this week after the company reported second-quarter earnings and sales that remain below pre-pandemic levels. On Tuesday, Nordstrom reported second-quarter adjusted EPS of 49 cents on revenue of $3.66 billion. Both numbers exceeded analyst...

Nordstrom, Inc. (NYSE: JWN) shares fell by nearly 6% Wednesday after the company reported disappointing first-quarter earnings numbers and issued guidance that fell short of Wall Street’s expectations. On Tuesday afternoon, Nordstrom reported a first-quarter EPS loss of $1.05, missing...