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Wall Street Weighs In On Lululemon's Mirror Acquisition
Tuesday, June 30, 2020 - 2:30pm | 687Read More...Lululemon Athletica Inc (NASDAQ: LULU) shares gained 5.5% on Tuesday after the company announced a $500 million buyout of in-home fitness company Mirror. Mirror is Lululemon’s first major acquisition, and the deal is expected to close in the second half of the year. New Way To Connect Bank of...
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The Street Debates Whether Best Buy Investors Should Buy The Dip
Friday, May 22, 2020 - 3:27pm | 1018Read More...Electronics retailer Best Buy Co., Inc. (NYSE: BBY) reported Thursday first quarter results, highlighted by a 5.7% year-over-year drop in comps which was still better than expected. EPS also came in better than expected but the stock traded lower as investors debated its outlook in an uncertain...
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Lululemon Analysts Bullish After Q3 Print Amid High Expectations
Thursday, December 12, 2019 - 11:21am | 918Read More...Lululemon Athletica Inc (NASDAQ: LULU) shares are trading down sharply despite the retailer's third-quarter earnings and sales beat on Wednesday. Here's what Wall Street analysts have to say. Piper Jaffray: Lululemon Loyalty Program Shows Promise Analyst Erinn Murphy...
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2 Experts React To Home Depot's Earnings: Internal Issues At Play
Tuesday, November 19, 2019 - 10:50am | 540Read More...Home Depot Inc (NYSE: HD) reported a revenue miss in its third quarter and weaker-than-expected same-store sales. Management also revised its full-year 2019 outlook. Home Depot's same-store sales growth in the quarter came in at 3.5%, which was notably short of the approximate 5% estimate the...
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Analyst: Tiffany A 'Motivated' Seller, But Not At $120
Monday, October 28, 2019 - 10:40am | 591Read More...Tiffany & Co. (NYSE: TIF) confirmed Monday that it received an unsolicited and non-binding takeover proposal from LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) at $120 per share. Tiffany Is Interested, But Not At $120 Tiffany is open to a deal to sell itself to LVMH, but not at $120 per share,...
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Analyst's Early Reaction To Tiffany's Earnings: 'Better Than Feared'
Wednesday, August 28, 2019 - 8:50am | 376Read More...Tiffany & Co. (NYSE: TIF) reported second-quarter that were "better than feared," Oppenheimer analyst Brian Nagel told CNBC. What Happened Tiffany's second-quarter numbers were mixed as the company reported an EPS beat but revenue fell short of estimates. A closer look at the...
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Here's What The Street Is Saying As Retail Earnings Heat Up
Friday, August 16, 2019 - 1:50pm | 653Read More...What shape is the consumer in? Were Macy's Inc (NYSE: M) poor earnings report indicative of the retail environment or should investors look instead at Walmart Inc (NYSE: WMT)? As earnings season starts to heat up, here is a summary of how some of the top retail analysts and experts answered...
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Wall Street Reacts To Yet Another Lululemon Earnings Beat
Thursday, June 13, 2019 - 1:08pm | 895Read More...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...
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Oppenheimer: Buy Best Buy's Stock
Friday, March 22, 2019 - 12:40pm | 331Read More...Consumer electronics retailer Best Buy Co Inc (NYSE: BBY)'s momentum over the past few years could be sustained as the company has several drivers of growth in the pipeline, according to Oppenheimer. The Analyst Oppenheimer's Brian Nagel upgraded Best Buy from Perform to Outperform with a...
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Lowe's Has 'Caught Up A Bit' To Rival Home Depot, Says Oppenheimer's Nagel
Wednesday, February 27, 2019 - 10:39am | 434Read More...Home improvement retailer Lowe's Companies, Inc. (NYSE: LOW) reported fourth-quarter results Wednesday morning that were highlighted by an earnings beat, but sales came in slightly lower than forecasted. Nagel: Lowe's Catching Up To Home Depot Lowe's reported its comps rose 1.7 percent...
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Analysts Tip The Scales On Weight Watchers After Guidance Sinks Shares
Wednesday, February 27, 2019 - 10:00am | 503Read More...Weight Watchers International, Inc. (NASDAQ: WTW) disappointed investors with a fourth-quarter earnings report that fell short of nearly every expected metric and signals the company struggles to transform itself from a diet brand to a wellness company. Oppenheimer: Unusual Speed Of Collapse Weight...
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An Early Reaction To Home Depot's Sales, Guidance Shortfall
Tuesday, February 26, 2019 - 9:45am | 515Read More...Home Depot Inc (NYSE: HD) reported a sales miss in its fourth-quarter results, along with a same-store sales miss and poor outlook for 2019. Oppenheimer: Focus On Comps Growth Home Depot's EPS in the fourth quarter would have come in better than expected if it wasn't impacted by $247...
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What's Next For Nike's Stock After Crushing Earnings?
Friday, December 21, 2018 - 8:48am | 400Read More...Nike, Inc. (NYSE: NKE) handily beat expectations in its fiscal second-quarter earnings report Thursday, but two experts see the stock moving in different directions in 2019. Chart Pro: Technicals Were 'Falling Apart' Heading into Nike's earnings print, the stock was trading lower...
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Near-Term Challenges Continue To Weigh On Michael Kors, Oppenheimer Says In Downgrade
Friday, November 16, 2018 - 3:36pm | 422Read More...Ongoing challenges with Michael Kors Holdings Ltd (NYSE: KORS)' core brand will likely weigh on top-line trends, according to Oppenheimer. The Analyst Analyst Brian Nagel downgraded Michael Kors from Outperform to Perform and removed a $90 price target. The Thesis After...
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Is Nike A Tech Company? Oppenheimer Says A Transformation Is Underway
Thursday, October 18, 2018 - 1:32pm | 298Read More...Few investors consider Nike Inc (NYSE: NKE) a tech stock, but Oppenheimer said in an upgrade note that a "technological evolution is underway." The Analyst Oppenheimer's Brian Nagel upgraded Nike from Perform to Outperform with a $90 price target. The Thesis Nike continues to...
