Simeon Siegel

Shares of L Brands Inc (NYSE: LB) Monday tumbled in after-hours trading on news of Sycamore Partners LLC terminating its agreement to acquire a majority stake in Victoria’s Secret. Once the noise related to the deal dies down, the focus will be on the company’s underlying fundamental...

Nike Inc (NYSE: NKE) announced Tuesday a handful of leadership changes, including a new CFO, COO, and president of consumer and marketplace. According to BMO Managing Director Simeon Siegel, Nike is demonstrating the strength of its management roster. What Happened Despite multiple leadership...

Lululemon 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...

Shares of Gap Inc. (NYSE: GPS) surged 20 percent after it announced it will spin off its best performing brand, Old Navy, to shareholders in 2020, leading a few Wall Street analysts to boost their price estimates for the stock. Gap also announced a major restructuring plan that will see the closure...

Nomura is moving to the sidelines on Lululemon Athletica inc. (NASDAQ: LULU) and Ulta Beauty Inc (NASDAQ: ULTA). The Analyst Analyst Simeon Siegel downgraded Ulta from Buy to Neutral and raised the price target from $305 to $311. Siegel owngraded Lululemon from Buy to Neutral and...

Nordstrom, Inc. (NYSE: JWN) plunged as much as 15 percent Friday despite reports of a marginal bottom-line beat, better-than-expected gross margins, in-line comps and raised sales guidance. Here's what the analysts are looking at. Inventory Trends Nomura is increasingly concerned with...

Gap Inc (NYSE: GPS) shares are reeling despite the apparel retailer's second-quarter earnings and sales beat Thursday.  Wall Street Weighs In Nomura analyst Simeon Siegel maintained a Neutral rating on Gap with a $32 price target. Credit Suisse analyst Michael Binetti maintained ...

With Urban Outfitters Inc (NASDAQ: URBN) coming off a strong second-quarter earnings beat and record sales, Wall Street analysts came in droves to discuss the retailer's future prospects.  Analyst Ratings: Nomura analyst Simeon Siegel maintained a Neutral rating on Urban Outfitters...

After Acushnet Holdings Corp (NYSE: GOLF) and Signet Jewelers Ltd. (NYSE: SIG) reached Nomura's price targets, the sell-side firm downgraded the retail stocks Tuesday. The Analyst Analyst Simeon Siegel downgraded Acushnet from Buy to Neutral and maintained a $25 price target. The analyst...

L Brands Inc (NYSE: LB) stock traded higher by 4 percent Thursday after the company reported first-quarter earnings. Several Wall Street analysts weighed in on the stock following the report. Here’s a sampling of what they had to say. Voices From The Street Nomura analyst Simeon Siegel said...

L Brands Inc (NYSE: LB) was hammered Thursday after the company disappointed investors with its second-quarter earnings report. Not everyone on Wall Street was disappointed by what they saw from the company, however. MKM Partners analyst Nehal Chokshi says investors should be jumping on the...

Investors who are scared that a company may one day face competition from Amazon.com, Inc. (NASDAQ: AMZN) should avoid investing in the stock and instead buy companies that won't be "Amazon'd," according to Jefferies retail analyst Randy Konik. Among the small handful of companies that can't be "...

Most investors concern themselves with a few metrics companies report in their earnings print. The most common metrics include earnings per share revenue, same-store sales, margins and guidance. But in Nike Inc (NYSE: NKE)'s case investors are fixated on its futures orders. Nike discloses in...

Nomura downgrades Under Armour Inc (NYSE: UAA) to Reduce from Neutral, saying the shares are enjoying a higher valuation despite the company may have gone past its purple patch. The downgrade follows Under Armour’s disappointing fourth-quarter results that affirmed many of Nomura’s...

Shares of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) soared 11 percent and touched a new 52-week high after reporting better-than-expected first-quarter results and raised its full-year outlook. Quarterly Results The company earned $1.45 per share on $1.07 billion in revenue....