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Wall Street Reacts To Yet Another Lululemon Earnings Beat
Thursday, June 13, 2019 - 2:08pm | 895Lululemon Athletica inc. (NASDAQ:LULU) reported a strong first-quarter earnings beat on Wednesday, continuing its stretch as one of the hottest companies in a struggling retail environment. Wall Street had plenty to say about lululemon's continued outperformance. Lululemon shares traded up 1.9...
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Bank Of America: Expect Lululemon To Continue To Take Market Share
Wednesday, March 6, 2019 - 4:05pm | 526Lululemon Athletica inc. (NASDAQ: LULU) is primed to continue to take advantage of the growing trend of blending performance and fashion, according to a new report from Bank of America Merrill Lynch. The Analyst Analyst Rafe Jadrosich maintains a Buy rating on the company with a $172...
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Toy Story: Bank Of America Bullish On Funko's 2019 Opportunities
Saturday, December 15, 2018 - 5:48pm | 713A strong 2019 content lineup is shaping up nicely for Funko Inc (NASDAQ: FNKO), according to a bullish Bank of America Merrill Lynch. The Analyst Analyst Rafe Jadrosich reiterated a Buy rating on Funko with a $23 price target. The Thesis A strong content schedule and a return to growth...
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Lululemon's Q4 Has The Sell Side Saying 'Namaste'
Wednesday, March 28, 2018 - 4:40pm | 873Lululemon Athletica inc. (NASDAQ: LULU) were up more than 9 percent at the close Wednesday following a fourth-quarter earnings beat that saw comps up a remarkable 12 percent. The athletic apparel maker reported a Q4 adjusted EPS of $1.33 against a $1.27 estimate, sales of $928.8 million versus the...
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BofA Highlights Lululemon's Menswear Business, Store Flexibility Ahead of Q4 Print
Tuesday, March 27, 2018 - 11:17am | 670Lululemon Athletica inc. (NASDAQ: LULU) will report fourth-quarter earnings after the close Tuesday, its first quarterly print after longtime CEO Laurent Potdevin stepped down in February due to workplace conduct issues, something sportswear competitor Nike Inc (NYSE: NKE) is also dealing with....
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Successful E-Commerce Launch Makes Hibbett Sports A Buy, Says BofA
Tuesday, January 16, 2018 - 2:52pm | 572If retail is the Titanic, Hibbett Sports, Inc. (NASDAQ: HIBB) has snagged a lifeboat, according to Bank of America Merrill Lynch. The Analyst BofA's Rafe Jadrosich upgraded Hibett Sports From Underperform to Buy with a price target raised from $14 to $30. The Thesis...
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After Solid Q3, This Analyst Expects Double-Digit Sales Growth From Funko Next Year
Wednesday, December 6, 2017 - 2:04pm | 397Funko Inc (NASDAQ: FNKO) turned in a solid third quarter report, prompting an analyst to forecast double-digit sales growth. The Analyst Bank of America Merrill Lynch analyst Rafe Jadrosich reiterated a Buy rating and $12 price target for shares of Funko. The Thesis Third-quarter sales...
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Bank Of America: Under Armour Visibility Is 'Accelerating,' Stock Now Worth More
Monday, April 20, 2015 - 8:43am | 270Bank of America on Monday issued a report on Under Armour Inc (NYSE: UA) ahead of the release of first quarter earnings on Tuesday. Bank of America rates Under Armour as a Buy and raised the price target from $88 to $95. Analysts Robert Ohmes and Rafe Jadrosich wrote, "We believe UA is...
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Deckers Outdoor's UGG Brand Is 'Under-Penetrated'
Thursday, April 2, 2015 - 4:34pm | 239Deckers Outdoor Corp (NYSE: DECK)'s market for its renowned UGG boots is under-penetrated worldwide and the brand has "years of solid growth ahead," an analyst said Thursday. Deckers, which gets the lion's share of its sales from the brand, is down about 20 percent since it missed expectations and...
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UPDATE: Bank Of America Reiterates On Skullcandy On Better Revenue Outlook
Thursday, November 6, 2014 - 10:03am | 143In a report published Thursday, Bank of America analyst Rafe Jadrosich reiterated an Underperform rating on Skullcandy Inc (NASDAQ: SKUL), and raised the price target from $6.00 to $7.00. In the report, Bank of America noted, “While SKUL management has significantly improved its distribution...
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UPDATE: Bank Of America Downgrades Hibbett Sports, Inc. On Expense Ramp-Up To Mute EPS Growth
Tuesday, October 7, 2014 - 8:30am | 117In a report published Tuesday, Bank of America analyst Rafe Jadrosich downgraded the rating on Hibbett Sports, Inc. (NASDAQ: HIBB) from Buy to Neutral, and lowered the price target from $55.00 to $47.00. In the report, Bank of America noted, “We are downgrading Hibbett Sports to Neutral (from Buy)...
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Bank Of America: Columbia Sporstwear Positioned For Sustainable Growth
Monday, August 18, 2014 - 3:13pm | 581Shares of Columbia Sporstwear (NASDAQ: COLM) rose more than four percent on Monday after analysts at Bank of America upgraded shares to Buy from Underperform with a price target raised to $92 from a previous $82. Rafe Jadrosich of Bank of America believes that the Columbia brand is now idealyl...