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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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The Street Remains Mixed On Urban Outfitters
Tuesday, November 20, 2018 - 2:11pm | 731Urban Outfitters, Inc. (NASDAQ: URBN), the parent company of Anthropologie, BHLDN, Free People, Terrain and the namesake Urban Outfitters, on Monday reported a top- and bottom-line beat in its third-quarter earnings. Here is a summary of how some of the Street's top analysts reacted to the...
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Tuesday's Retail Earnings Roundup: Red Performance Across The Board
Tuesday, November 20, 2018 - 10:00am | 507Just days before Thanksgiving marking the unofficial start to the holiday buying season, multiple retailers reported Tuesday their third-quarter results. Here is a summary of how the group performed. Target Target Corporation (NYSE: TGT) earned $1.09 per share in the third quarter on revenue of $...
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The Street Reacts To Walmart's Q3
Friday, November 16, 2018 - 12:24pm | 700Retailer Walmart Inc (NYSE: WMT) reported third-quarter results Thursday highlighted by an earnings beat and the 16th consecutive quarter of rising comparable store sales. Here's what Street analysts are saying after the print. The Analysts Barclays' Karen Short...
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Bed Bath & Beyond's Woes Will Continue, Analyst Says
Thursday, September 27, 2018 - 8:36am | 360Home furnishing and domestic merchandise retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported Wednesday its second-quarter results, which not only fell short of expectations but signals further pain ahead, according to KeyBanc. Earnings came in at 36 cents per share, below the 50-cent per-...
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William Blair Upgrades Retailer Tilly's: 3 Reasons Why
Thursday, August 30, 2018 - 10:23am | 368Casual apparel retailer Tilly's Inc (NYSE: TLYS) reported second-quarter results Wednesday that turned William Blair bullish on the stock. The Analyst William Blair's Sharon Zackfia upgraded Tilly's from Market Perform to Outperform. The Thesis Three takeaways from Tilly's...
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Dick's Sporting Goods Cites Under Armour's Distribution Strategy Change In Q2 Miss
Wednesday, August 29, 2018 - 8:44am | 440Retailer Dicks Sporting Goods Inc (NYSE: DKS) on Wednesday reported its second-quarter results, which came in below expectations on the top- and bottom-line. Within the earnings report the company highlighted concerning performance for a notable brand it sells, Under Armour Inc (NYSE: UAA). What...
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Retail Analyst Doesn't Understand The Best Buy Sell-Off
Tuesday, August 28, 2018 - 1:25pm | 457Best Buy Co Inc (NYSE: BBY) reported Tuesday its second-quarter results, which prompted an immediate sell-off in the stock. The Analyst Moody's Charles O'Shea talked Best Buy on CNBC's "Squawk Box" segment Tuesday morning. The Thesis Best Buy is among the top performing...
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Analysts React To Target's Q2: 'This Is As Good As It Is Going To Get'
Wednesday, August 22, 2018 - 11:36am | 567Retailer Target Corporation (NYSE: TGT) reported a top-and-bottom-line second-quarter earnings beat Wednesday morning. Here's a roundup of some of the Street's initial commentary. The Analysts Edward Jones' Brian Yarbrough maintained a Hold rating on Target with an...
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Macy's Earnings A Drag On The Retail Sector
Wednesday, August 15, 2018 - 11:58am | 541Shares of retailer Macy's Inc (NYSE: M) were down more than 10 percent Wednesday after the company reported second-quarter results and guidance for the full year 2018. What Happened Macy's said it earned 70 cents per share in the second quarter on revenue of $5.572 billion, both of...
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How Dollar Store Stocks Performed In Q1
Thursday, May 31, 2018 - 9:44am | 388Dollar store companies Dollar General Corp. (NYSE: DG) and Dollar Tree, Inc. (NASDAQ: DLTR) both saw shares move notably lower after reporting first-quarter results. Here's a recap of what investors need to know. Dollar General EPS of $1.36 fell short of the $1.40 per share Wall Street...
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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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Analyst: Investors Should Continue Buying Urban Outfitters After 'Impressive' Q1
Wednesday, May 23, 2018 - 11:51am | 459The case for a bullish stance on Urban Outfitters, Inc. (NASDAQ: URBN) was reinforced by the retailer's "impressive" first-quarter report, according to The Buckingham Research Group. The Analyst Buckingham's Kelly Crago maintains a Buy rating on Urban Outfitters...
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How Lowe's Earnings Stack Up To Home Depot
Wednesday, May 23, 2018 - 10:40am | 467Do-it-yourself home improvement retailer Lowe's Companies, Inc. (NYSE: LOW) reported its first-quarter results Wednesday morning, sending the stock higher by more than 9 percent at the time of publication. The report compares favorably to rival Home Depot Inc (NYSE: HD), which was trading down...
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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...