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Bank Of America Finds L Brands Attractive At Current Levels
Friday, January 3, 2020 - 12:58pm | 390Mall retailer L Brands Inc (NYSE: LB) has multiple levers at its disposal to improve the business and add value to investors, according to Bank of America. The Analyst Lorraine Hutchinson upgraded L Brands from Neutral to Buy with a price target lifted from $21 to $25. The Thesis L Brands'...
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Analysts Weigh In On Ollie's Bargain Outlet's Q3 Report
Wednesday, December 11, 2019 - 4:25pm | 612Extreme value retailer of brand name goods company Ollie's Bargain Outlet Holdings Inc (NASDAQ: OLLI) reported third-quarter results that came in better than expected. Ollie's reported quarterly earnings of 41 cents per share, which beat the analyst consensus estimate of 38 cents. This is a...
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Analysts Debate If GameStop Can Power Back Up
Wednesday, December 11, 2019 - 12:08pm | 654GameStop Corp. (NYSE: GME) reported third-quarter results highlighted by a notable earnings miss, a 30% drop in sales and a downward revision to 2019 guidance. The stock reacted sharply to the downside and analysts debated how much power is left in the retailer's life bar. The Analysts...
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Cramer Says Macy's And Kohl's Have 'Self-Inflicted Wounds'
Tuesday, December 10, 2019 - 1:27pm | 399Department stores like Kohl's Corporation (NYSE: KSS) and Macy's Inc (NYSE: M) suffer from "self-inflicted wounds" and simply can't compete against the likes of Amazon.com, Inc. (NASDAQ: AMZN), according to CNBC's Jim Cramer. Kohl's and Macy's need to offer...
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Bulls Praise Dollar General's Q3 Earnings
Friday, December 6, 2019 - 5:20pm | 387Dollar General Corp. (NYSE: DG) reported Thursday third-quarter results which were well interpreted by two analysts. The Analysts KeyBanc Capital Markets analyst Bradley Thomas maintains an Overweight rating on Dollar General with a $180 price target. The Buckingham Research Group's Bob Summers...
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3 Analysts Debate Kroger's Stock Following Q3 Earnings
Friday, December 6, 2019 - 11:28am | 596Kroger Co (NYSE: KR) reported Thursday third-quarter resultsthat fell short of expectations. Kroger reported quarterly earnings of 47 cents per share, which missed the analyst consensus estimate by a penny. The company reported quarterly sales of $27.974 billion, which missed the analyst consensus...
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Canada Goose's No-Inventory Store, Explained
Wednesday, December 4, 2019 - 1:34pm | 460Apparel maker Canada Goose Holdings Inc (NYSE: GOOS) opened a new store in a Toronto mall which has zero inventory on hand. As strange as it may seem, the stores serves a greater purpose. What Happened Canada Goose named its Toronto store "The Journey" and visitors will try on a $1,000...
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Retail Expert: Nearly Half Of All Americans Will Go Shopping This Week
Tuesday, November 26, 2019 - 1:31pm | 319The retail environment will brace itself for nearly half of the entire U.S. population who will shop this week, according to American Apparel and Footwear Association CEO Rick Helfenbein. Total retail sales for the entire 2019 holiday shopping season could increase by as much as 4% year-over-year...
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3 Analysts Review Nordstrom's Q3 Earnings
Friday, November 22, 2019 - 12:13pm | 524Nordstrom, Inc. (NYSE: JWN) reported better-than-expected third-quarter results, but analysts are mixed if this marks the start of a sustainable period of growth. The Analysts KeyBanc Capital Markets analyst Edward Yruma maintains an Overweight rating on Nordstrom's stock with a $48 price...
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Here's Every Major Retailer's Black Friday Weekend Shopping Hours
Thursday, November 21, 2019 - 4:00pm | 451Thanksgiving and Black Friday are days away, which means millions of families will gather together for some quality time and shopping. Here is a summary of every major retailer who confirmed their Thanksgiving Thursday and Black Friday opening hours, according to BestBlackFriday. "If no...
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RH CEO Talks Berkshire, Apple And China On 'Mad Money'
Wednesday, November 20, 2019 - 3:36pm | 389RH (NYSE: RH), formerly known as Restoration Hardware, counts Warren Buffett as its fifth largest shareholder, which is fitting as the home furnishing company is modeled in part after Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B). RH Is One Part Berkshire RH CEO Gary Friedman...
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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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Macy's Acknowledges Data Breach, Stock Falls
Tuesday, November 19, 2019 - 2:08pm | 363Macy's Inc (NYSE: M) acknowledged in a letter to customers it was the victim of a data breach and personal information could have been compromised. What To Know About The Macy's Data Breach Macy's believes an unauthorized third party gained access to its system and added an unauthorized...
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Walmart Earnings Praised By Analysts, But Some Question What's Next
Friday, November 15, 2019 - 10:36am | 634Walmart Inc (NYSE: WMT) reported third-quarter results highlighted by a 41% growth in e-commerce sales, an overall earnings beat but miss on the revenue line. Here is a summary of how some of the top analysts reacted to the print. The Analysts KeyBanc Capital Markets analyst Edward Yruma maintains...
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Analysts Offer Early Take On Walmart's Q3, Highlight Advantages Over Amazon
Thursday, November 14, 2019 - 11:55am | 391Walmart Inc (NYSE: WMT) reported third-quarter results with notable momentum and strength in the e-commerce business. 'Blowout Quarter' Walmart reported a typical "blowout quarter" but this would be par for the course after beating earnings expectations in 16 of the past 17...