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Gap Announces Downsizing, FBR Analyst Agrees With Decision
Tuesday, June 16, 2015 - 2:57pm | 479Gap Inc (NYSE: GPS) announced in a press release after market close on Monday that it plans to close 175 of its specialty stores in North America over the next few years. The move is part of what company executives are calling a "strategic initiative to increase productivity and...
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A Preview Of Same-Store Sales At The Gap, L Brands
Tuesday, June 2, 2015 - 10:45am | 465Several retailers release monthly sales metrics to the investment community. Two of the most notable retailers to do so include Gap Inc (NYSE: GPS) and L Brands Inc (NYSE: LB). Here is what Susan Anderson of FBR & Co. is expecting from the retailers May sales. Gap: Comps Under Pressure,...
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FBR Sees Domestic Strength, Solid International Trajectory Increasing Growth Visibility At Under Armour
Wednesday, April 8, 2015 - 2:11pm | 265In a report published Wednesday, FBR & Co. analyst Susan Anderson suggested that Under Armour Inc (NYSE: UA) could see its revenue jump to $8.9 billion in 2018 and climb to "well over" $10 billion the following year. According to Anderson, Under Armour could reach 20 percent international...
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Under Armour Madness In Latin America
Monday, March 23, 2015 - 5:07pm | 248Shares of Under Armour Inc (NYSE: UA) rose on Monday after FBR & Co. analysts Susan Anderson and Andrew Schmidt reiterated an Outperform rating and raised their price target from $86 to $90. The promotion is based on what they call the "UA Madness in Latin America." They believe "brand...
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FBR & Co. Reiterates Market Perform, Raises PT On Urban Outfitters Following 4Q EPS Beat
Tuesday, March 10, 2015 - 10:21am | 203In a report published Tuesday, FBR & Co. analyst Susan Anderson reiterated a Market Perform rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target from $38.00 to $40.00. In the report, FBR & Co. noted, "URBN reported a 4Q EPS beat of $0.60 versus FBR/consensus of $0.57...
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Here Are 6 Reasons Why 1 Analyst Upgraded The Gap
Tuesday, March 3, 2015 - 12:08pm | 178In a report published Tuesday, FBR & Co. analyst Susan Anderson upgraded shares of Gap Inc (NYSE: GPS) to Outperform as 2015 could prove to be a "breakout" year. Anderson acknowledged the potential for continued segment pressure at the Gap core brand, but the risk is outweighed by...
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Key Takeaways From Under Armour's 'Connected Fitness Day'
Wednesday, February 11, 2015 - 12:24pm | 224Susan Anderson of FBR & Co. attended Under Armour Inc's (NYSE: UA) "Connected Fitness Day" presentation hosted by the company's CEO Kevin Plank and Chief Financial Officer Brad Dickerson along with executives from its Record/MapMyFitness, Endomondo and MyFitnessPal platforms. "Under Armour...
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Analysts Mixed Over The Gap Following Q2 Results
Monday, August 25, 2014 - 9:41am | 998The Gap (NYSE: GPS) reported its second quarter results last Thursday after market close. The retailer earned $0.70 per share, a penny better than analysts expected; revenue of $3.98 billion came in $10 million higher than expected. The Gap's total company wide comp sales were flat in the...
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American Eagle Q2 Beats Views; Some Analysts Still On Fence
Thursday, August 21, 2014 - 3:48pm | 228American Eagle Outfitters (NYSE: AEO) posted a 70 percent decline in second-quarter earnings, while same-store sales fell seven percent, but it wasn't as bad as Wall Street expected. The apparel retailer's shares opened sharply higher Thursday and climbed during the day. "It was...
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FBR Comments On Specialty Retailers
Friday, June 20, 2014 - 8:09am | 298In a research note released Thursday, FBR & Co. analyst Susan Anderson commented on the specialty retail and apparel industry. She called inventory levels poor but improving, raised the target on Abercrombie & Fitch (NYSE: ANF), called Hanes (NYSE: HBI) best positioned, and is...
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UPDATE: FBR Downgrades Urban Outfitters
Thursday, May 15, 2014 - 10:31am | 159FBR & Co. on Thursday downgraded Urban Outfitters (NASDAQ: URBN) to a Market Perform rating. FBR analyst Susan Anderson stated, "we believe the stock will trade sideways in 2014 driven by continued UO weakness and the potential for Anthro/FP to slow with tougher compares in 2H14." Anderson...
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FBR Capital Markets Believes Shareholder Activism is Picking Up at Abercrombie & Fitch
Wednesday, December 4, 2013 - 12:38pm | 226In a report published Wednesday, FBR Capital Markets analyst Susan Anderson reiterated an Outperform rating and $43.00 price target on Abercrombie & Fitch (NYSE: ANF). In the report, FBR Capital Markets noted, “Engaged Capital sent a letter to the ANF board highlighting the upcoming contract...
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FBR Capital Markets Comments on Abercrombie & Fitch Following LBO Analysis
Wednesday, November 27, 2013 - 10:44am | 134In a report published Wednesday, FBR Capital Markets analyst Susan Anderson commented on recent developments related to Abercrombie & Fitch Co. (NYSE: ANF). In the report, FBR Capital Markets noted, “In our LBO model, ANF had the highest potential IRR at 34%, followed by ARO at 29% and AEO at...
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UPDATE: FBR Capital Markets Initiates Coverage on Aeropostale, Awaiting Positive Signs of Turnaround
Wednesday, October 2, 2013 - 9:24am | 183In a report published Wednesday, FBR Capital Markets analyst Susan Anderson initiated coverage on Aeropostale (NYSE: ARO) with a Market Perform rating and $10.00 price target. In the report, FBR Capital Markets noted, “We are initiating coverage of Aéropostale, Inc. (ARO) with a Market Perform...
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UPDATE: FBR Capital Markets Initiates Coverage on American Eagle Outfitters on Long-Term Positive Outlook
Wednesday, October 2, 2013 - 9:24am | 234In a report published Wednesday, FBR Capital Markets analyst Susan Anderson initiated coverage on American Eagle Outfitters (NYSE: AEO) with a Market Perform rating and $15.00 price target. In the report, FBR Capital Markets noted, “We are initiating coverage of American Eagle Outfitters, Inc. (...