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Lululemon's Q4 Has The Sell Side Saying 'Namaste'
Wednesday, March 28, 2018 - 4:40pmLululemon Athletica inc. (NASDAQ: LULU) were up more than 9 percent at the close Wednesday following a fourth-quarter earnings beat that saw comps up a remarkable 12 percent. The athletic apparel maker reported a Q4 adjusted EPS of $1.33 against a $1.27 estimate, sales of $928.8 million versus the...
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Baird's Bull Case For Kohl's
Friday, November 10, 2017 - 12:33pmKohl's Corporation (NYSE: KSS)'s third-quarter earnings report on Thursday included an earnings miss, adding conviction to the theory of some investors that physical retailers are ultimately doomed. The Analyst Baird's Mark Altschwager. The Rating Altschwager upgraded Kohl's...
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Coach Not Getting The Barron's Bounce
Monday, October 23, 2017 - 1:17pmUnfortunately for Coach Inc (NYSE: COH) investors, the stock’s Barron’s bounce didn’t last for long. On Saturday, Barron’s journalist Emily Bary said the stock looks like a good buy at its current price given its upcoming name change and recent streamlining initiatives....
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Sell-Side Sees Opportunity To Bag Shares Of Coach On Post-Earnings Pullback
Wednesday, August 16, 2017 - 1:31pmInvestors turned their backs on Coach Inc (NYSE: COH) after Tuesday’s mixed earnings report, but Wall Street stood loyally by. The Buckingham Research Group called the 15-percent, $7.50 sell-off “overdone,” while UBS and Baird Equity Research tagged the pullback a buying...
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Dressed To Kill Or Going Out In Style? Analysts Mixed On Ailing Urban Outfitters' Q2 Beat
Wednesday, August 16, 2017 - 11:18amIs Urban Outfitters, Inc. (NASDAQ: URBN), once the epitome of hipster chic, in danger of falling completely out of fashion? “Fade away or here to stay?” wondered MKM Partners analyst Roxanne Meyer, who rated the kitschy clothier a Sell with a price target of $16. Shares were trading at...
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Lululemon Has Room For Valuation, Earnings Upside This Year
Wednesday, June 7, 2017 - 10:28amLululemon Athletica Inc. (NASDAQ: LULU) is selling a wider variety of items, more new products and more markdowns, according to a Baird analysis. The athletic apparel retailer reported first-quarter sales of $520.3 million versus estimates of $513.9 million on June 1 and an adjusted EPS of $0.32...
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Caution Against Chasing Abercrombie Stock On Takeout Rumors
Friday, May 26, 2017 - 10:38amThe Wall Street Journal reported earlier this week private-equity firm Cerberus Capital Management is believed to be teaming up with American Eagle Outfitters (NYSE: AEO) to acquire rival teen retailer Abercrombie & Fitch Co. (NYSE: ANF). The WSJ report shouldn't come as a surprise; talks of M...
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Will Ulta's Q1 Report Continue Its Street-Beating Streak?
Wednesday, May 24, 2017 - 1:16pmUlta Beauty Inc (NASDAQ: ULTA) has been a beneficiary of the "selfie generation" where teens and millennials need to look their best for the constant stream of selfies posted to social media platforms. Ulta's nearly 800 percent gain over the past 10 years has rewarded long-term...
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Baird Finds Reasons For Investor Patience With Urban Outfitters
Wednesday, May 17, 2017 - 11:19amUrban Outfitters, Inc. (NASDAQ: URBN) first-quarter earnings were a disappointment, but the company could represent a long-term value in the troubled apparel and retail sector, according to a Baird analyst. The company reported an EPS of 10 cents vs. a consensus of 15 cents and lower-than-expected...
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The Difference A Year Makes: Analyst Who Upgraded JC Penney A Year Ago 'Recalibrates' Expectations
Monday, May 15, 2017 - 1:33pmA year after upgrading its rating on J C Penney Company Inc (NYSE: JCP), Baird recalibrated its estimates and valuation framework to better align its cautious stance on the department store sector. A Recap Of Year-Earlier Rating Action And What Has Changed Baird noted it upgraded shares of JC...
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