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Analysts ID Retail Winners, Losers From Holiday Sales Numbers
Sunday, January 13, 2019 - 5:04pm | 551Retail stocks are off to a hot start to 2019 despite mixed holiday sales numbers. Several Wall Street analysts weighed in on retail sales numbers from top stocks. Here’s a sampling of what they said. Macy’s, Kohl’s Disappoint Deutsche Bank analyst Paul Trussell said both...
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What To Make Of L Brands' Q3, Leadership Change, Dividend Reduction
Tuesday, November 20, 2018 - 4:20pm | 681L Brands Inc (NYSE: LB), the parent company of multiple brands including Victoria's Secret and Bath & Body Works, reported a top- and bottom-line beat in its third-quarter results but also announced a 50-percent reduction in its dividend and named John Mehas as the new CEO of Victoria's...
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Macy's Receives Mixed Analyst Reaction After Q3 Earnings Beat, Sales Miss
Thursday, November 15, 2018 - 1:08pm | 453Macy's Inc (NYSE: M) shares were trading down more than 3 percent Thursday, one day after reporting a third-quarter sales miss. The retailer delivered Q3 earnings of 27 cents per share, beating estimates by 13 cents. Sales fell short, coming in at $5.404 billion and missing estimates...
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VF Corp Acquisition Strategy Appears To Be Paying Off, Deutsche Bank Says
Thursday, July 12, 2018 - 4:17pm | 340VF Corp (NYSE: VFC) acquisition strategy appears to be paying off, following a new analyst initiation report. The Analyst Deutsche Bank analyst Paul Trussell initiated coverage with a Buy rating and a $93 price target. The Thesis Trussell outlined five reasons behind his bullish stance on VF Corp....
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'A Clear Comeback': Nike Stock Hits All-Time High After Q4 Blowout
Friday, June 29, 2018 - 1:48pm | 695Nike Inc (NYSE: NKE) just keeps doing it. Shares of the world’s largest sportswear company are racing toward all-time highs after delivering a fourth-quarter earnings beat Thursday. Nike appears to emerged relatively unscathed from a severe management shakeup and pervasive ...
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DSW's Business Remains 'Solid' But Valuation Is 'Full,' Deutsche Bank Says
Wednesday, May 23, 2018 - 4:05pm | 323Footwear retailer DSW Inc. (NYSE: DSW)'s status as a "solid" business remains unchanged, but the stock's momentum over the past year now implies a "full" valuation, according to Deutsche Bank. The Analyst Deutsche Bank's Paul Trussell downgraded DSW from Buy...
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Nordstrom's Post-Q1 Selloff 'Overdone,' Deutsche Banks Says In Upgrade
Wednesday, May 23, 2018 - 2:27pm | 382Fashion retailer Nordstrom, Inc. (NYSE: JWN)'s stock fell nearly 10 percent in reaction to its May 17 first-quarter earnings report, but the decline is "overdone" and investors should buy the dip, according to Deutsche Bank. The Analyst Deutsche Bank's Paul Trussell...
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5 Analysts On Q1 Retail Earnings
Friday, May 18, 2018 - 4:01pm | 872Retailers issued a barrage of quarterly reports this week that for the most part reinforced the sell-side's prior ratings. Here are some of the analyst's reactions. JCPenney's 'Disappointing' Quarter J C Penney Company Inc (NYSE: JCP) missed Street estimates...
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2 Of The Street's Top Retail Analysts Discuss Walmart's Disappointing Q4
Tuesday, February 20, 2018 - 2:02pm | 520Walmart Inc (NYSE: WMT) reported Tuesday mixed fourth quarter results, which may have caught some investors off guard given the stock's 10 percent sell-off. Investors and analysts will now be debating if the retail giant's momentum of outsized growth has come to an end or is its earnings...
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The Gap Is Accelerating Store Closures; Here's Why Some See That As A Positive
Friday, November 17, 2017 - 12:10pm | 430Gap Inc (NYSE: GPS) reported Thursday its third quarter results, which consisted of a top and bottom-line beat, an upward revision to its full year EPS guidance and an update on store closures. The Analyst Deutsche Bank's Paul Trussell maintains a Hold rating on Gap's stock with a price...
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Deutsche Bank Anticipates A Beat And Raise From Dollar General
Thursday, November 16, 2017 - 1:49pm | 368Dollar store retailers, including Dollar General Corp. (NYSE: DG), are on deck to report their respective earnings reports. The Analyst Deutsche Bank's Paul Trussell upgraded Dollar General's stock from Hold to Buy with a price target boosted from $79 to $93. The Thesis Dollar General...
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The Nike-Under Armour Pair Trade Remains Intact, For Now
Thursday, October 26, 2017 - 1:34pm | 612After a multitude of announcements made at Nike Inc (NYSE: NKE)'s biannual investor day this week, Deutsche Bank is keeping the Buy Nike, Sell Under Armour Inc (NYSE: UAA) pair trade intact. Don't Knock Nike Deutsche Bank analyst Paul Trussell said Nike’s optimism should surprise no...
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Lululemon Doesn't Disappoint In Q2, As Same-Store Sales Impress The Street
Friday, September 1, 2017 - 9:22am | 377Lululemon Athletica inc. (NASDAQ: LULU)'s earnings report was good enough to garner some praise from analysts at Deutsche Bank but not good enough to warrant a Buy rating. The firm's Paul Trussell maintains a Hold rating on Lululemon's stock with unchanged $59 price target, which implies downside...
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Here's What May Be Tempering Reactions To Five Below's Fantastic Q2
Thursday, August 31, 2017 - 11:34am | 386By many measures Five Below Inc (NASDAQ: FIVE) reported a fantastic earnings report Wednesday, which helped boost the stock higher by more than 3 percent. But by Thursday morning, shares of Five Below gave up all of its gains and was lower by more than 2 percent. Five Below's sell-off could in part...
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Things To Like, Things To Watch At The Gap
Friday, August 18, 2017 - 9:31am | 424Gap Inc (NYSE: GPS) impressed investors with a second-quarter earnings beat, but for many the retail sector remains a big question mark. Deutsche Bank's Paul Trussell maintains a Hold rating on Gap's stock with an unchanged $24 price target, noting that management should be applauded for a...