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Why These 6 Peloton Interactive Analysts Were Not Impressed With Q4 Print
Thursday, August 24, 2023 - 12:34pm | 840Shares of Peloton Interactive Inc (NASDAQ: PTON) continued to rise in early trading on Thursday, after rallying ahead of Nvidia Corp’s (NASDAQ: NVDA) results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Needham On Peloton...
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Ulta Beauty Underpromises, Overdelivers: 4 Analysts Raise Price Targets After Q4 Print
Friday, March 10, 2023 - 12:24pm | 532Shares 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...
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Why Lululemon Is In 'Penalty Box' In Short Term, But Remains One Of The 'Highest Quality Companies' Globally: 3 Analysts On Retailer's Guidance
Tuesday, January 10, 2023 - 12:12pm | 616Athletic apparel company Lululemon Athletica (NASDAQ: LULU) provided new guidance Monday ahead of the ICR Conference. The retailer sees fourth-quarter revenue coming in ahead of previously announced estimates, but the earnings per share range was tightened on margin concerns. Analysts are...
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9 Nike Analysts On Q2 Earnings Beat, Improving Inventory Trends, China: 'Decidedly Upbeat'
Wednesday, December 21, 2022 - 12:58pm | 898Nike Inc (NYSE: NKE) shares rallied Wednesday morning after the company reported shrinking margins but said inventory levels have improved slightly on a quarterly basis. Nike reported fiscal second-quarter adjusted EPS of 85 cents on revenue of $13.32 billion. Both numbers missed consensus analyst...
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Lululemon 'Paid' You To Buy December Dip As Gross Margins Tank Stock: Why Analysts Remain Bullish After Q3
Friday, December 9, 2022 - 12:29pm | 727Athletic apparel company Lululemon Athletica (NASDAQ: LULU) reported third-quarter financial results Thursday after market close. Analysts are updating their takes on the company after the earnings report and guidance for the fourth quarter. The Lululemon Analysts: Bank of America analyst Lorraine...
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'Just Don't Do It': Analysts Slash Nike Price Targets Citing Inventory, China Concerns
Friday, September 30, 2022 - 10:57am | 648Footwear and apparel company Nike Inc. (NYSE: NKE) beat Street estimates for revenue and earnings per share in the first quarter, but saw shares fall sharply Thursday after market close. Investors and analysts now have some major concerns after the latest report. The Nike Analysts Morgan Stanley...
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Nordstrom Stock Plunges After Earnings: 4 Analysts Break Down Q2 Print, Guidance Cut
Wednesday, August 24, 2022 - 12:15pm | 464Nordstrom, Inc. (NYSE: JWN) Tuesday reported second-quarter earnings that were slightly better than the consensus estimate, but lowered its full-year forecast, warning of an inventory glut due to slowing demand. Telsey Advisory Group On Nordstrom Analyst Dana Telsey maintained a Market Perform...
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Nike's Fourth Quarter 'Not As Bad As Feared': Why 3 Analysts Are Lowering Price Targets
Tuesday, June 28, 2022 - 11:02am | 544Apparel and footwear company Nike Inc. (NYSE: NKE) reported fourth quarter earnings Monday after market close. Analysts size up the company’s revenue and eps beats with a cautious approach given gross margin and China business concerns. The Nike Analysts: Wells Fargo analyst Kate Fitzsimons...
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4 Nordstrom Analysts React To Mixed Q1 Earnings: 'We Remain Skeptical'
Wednesday, May 25, 2022 - 12:18pm | 542Nordstrom, 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...
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4 Ross Analysts React To Q1 Earnings Miss, Guidance Cut, Execution Missteps
Friday, May 20, 2022 - 3:01pm | 574Shares of Ross Stores, Inc. (NASDAQ: ROST) dropped 23.9% on Friday after the company became the latest retail stock to disappoint the market with its first-quarter numbers. On Thursday, Ross reported first-quarter adjusted EPS of 97 cents on revenue of $4.33 billion. Both numbers missed consensus...
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5 Nike Analysts Praise Q3 Earnings Beat, Booming North American Sales Growth
Tuesday, March 22, 2022 - 1:13pm | 593Nike Inc (NYSE: NKE) shares gained 4.3% on Tuesday after the company reported a fiscal third-quarter earnings beat, driven by strong North American demand in an uncertain international market. On Monday, Nike reported third-quarter adjusted EPS of 87 cents on revenue of $10.87 billion. Both numbers...
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Why These 4 Ulta Analysts Lifted Price Targets After Q2 Earnings
Sunday, August 29, 2021 - 10:23pm | 469Here's what four Ulta Beauty (NASDAQ: ULTA) analysts had to say after the beauty retailer's second-quarter print. The Ulta Beauty Analysts: Raymond James analyst Olivia Tong has an Outperform rating on Ulta and raised the price target from $395 to $460. Wells Fargo analyst...
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5 Nordstrom Analysts Break Down Q2 Earnings: 'Significant Lag Vs. Softline Peers'
Thursday, August 26, 2021 - 11:07am | 565Nordstrom, 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...
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Urban Outfitters Stock Falls On Q2 Earnings: 3 Takes From The Street
Wednesday, August 25, 2021 - 3:01pm | 450Investors were pulling back Wednesday after retailer Urban Outfitters Inc (NASDAQ: URBN) reported second-quarter earnings. Here's what the Street has to say. The Urban Outfitters Analysts: MKM Partners analyst Roxanne Meyer has a Neutral rating on the stock and raised the price target...
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5 Lululemon Analysts Break Down Q1 Beat: 'Momentum Building At LULU'
Friday, June 4, 2021 - 2:50pm | 541Lululemon Athletica Inc (NASDAQ: LULU) shares traded higher by 3.2% on Friday after the company reported an aggressive rebound in sales and store traffic in the first quarter. Lululemon reported first-quarter adjusted EPS of $1.16 on revenue of $1.23 billion. Both numbers topped consensus analyst...