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Stitch Fix Stock Gets Cut Open, But Analysts Remain Bullish For Now
Tuesday, March 10, 2020 - 3:51pm | 646Read More...Stitch Fix Inc (NASDAQ: SFIX) plunged more than 40% Monday night after reporting third-quarter sales guidance of $465-$475 million, far below the $506 million estimate. Full-year sales guidance between $1.81 billion and $1.84 billion — also well below market forecasts of $1.92 billion. It...
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Street Stays Bullish On Stitch Fix, New 'Direct Buy' Features
Tuesday, December 10, 2019 - 1:40pm | 539Read More...Stitch Fix Inc (NASDAQ: SFIX) shares are surging after reporting a first-quarter earnings and sales beat. Stitch Fix earnings came in flat, beating estimates by 6 cents per share. The company reported quarterly sales of $444.8 million, which beat the analyst consensus estimate of $441 million. This...
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Wall Street Reacts To Ulta's Q3 Beat, Makeup Headwinds Remain A Concern
Monday, December 9, 2019 - 2:26pm | 711Read More...Cosmetic retailer Ulta Beauty Inc (NASDAQ: ULTA) reported a third-quarter earnings beat Thursday, but sales missed estimates by $75 million. Cosmetic Industry Weakness Buy-side expectations have come way down on Ulta, leading the company to deliver a surprise earnings beat amid worsening macro...
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Analysts React To Gap's Q3 Earnings Beat, Target Taking Market Share From Old Navy
Friday, November 22, 2019 - 4:34pm | 735Read More...Gap Inc (NYSE: GPS) shares are moving higher one day after reporting a third-quarter earnings beat, despite seeing all three of its main segments deliver negative comps. Wells Fargo With Gap’s third-quarter outlook and CEO departure pre-announced earlier in the month, analyst Ike...
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'Their Model Continues To Thrive': TJX Analysts React To Q3 Earnings Beat
Wednesday, November 20, 2019 - 6:12pm | 741Read More...TJX Companies Inc (NYSE: TJX) shares are falling one day after the retailer reported a third-quarter earnings beat. Morgan Stanley Analyst Kimberly Greenberger said she sees off-price share gains from department stores, specialty and discount retailers continuing. “Off-price...
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Stitch Fix Analysts Trim Price Targets After Q4 Print
Wednesday, October 2, 2019 - 11:37am | 437Read More...Stitch Fix Inc (NASDAQ: SFIX) shares were plummeting Wednesday after the online styling service delivered a fourth-quarter sales miss. KeyBanc A Long-Term Believer Investments in data scientists and the U.K. will drive some near-term profit and loss pressure, but KeyBanc Capital...
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Wall Street More Bullish On Gap Following Investor Day
Friday, September 13, 2019 - 2:35pm | 437Read More...Gap Inc (NYSE: GPS) hosted its investor day on Thursday, announcing the ambitious plan to open 800 Old Navy stores despite seeing a downturn in the business. Morgan Stanley: Mind The Gap Morgan Stanley analyst Kimberly Greenberger said the eventual Gap-Old Navy separation details creates key...
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L Brands Analyst Day Has Wall Street Playing Wait-And-See On Victoria's Secret Turnaround
Wednesday, September 11, 2019 - 4:30pm | 758Read More...L Brands Inc (NYSE: LB) hosted an analyst day this week, and much of the focus was on the embattled Victoria’s Secret brand. The company provided a longer-term goal for the brand to achieve 10-15% operating margins. BofA Stays Sidelined The margin goal is unrealistic given changes in...
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New Poll Finds Consumers Are Worried About Tariffs
Tuesday, September 3, 2019 - 11:00am | 470Read More...Are new tariffs on Chinese goods the Grinch who will steal Christmas? Nearly six out of 10 people surveyed by Coresight Research said they are concerned tariffs will boost the prices of holiday goods, CNBC reported. Survey Results Coresight Research surveyed 1,784 U.S. consumers in August, and...
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Old Navy Comp Decline A Worry For Gap
Friday, August 23, 2019 - 2:16pm | 515Read More...Gap Inc (NYSE: GPS) shares are falling after reporting a second-quarter sales miss. Gap CEO Art Peck said the company was facing a difficult competitive environment after all three divisions of the company delivered negative comps. Fixable, But Waiting For Signs Morgan Stanley analyst Kimberly...
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The Street's Reaction To Urban Outfitters: From Trade War 'Winner' To 'Bottom Of The Pack'
Wednesday, August 21, 2019 - 3:25pm | 675Read More...Urban Outfitters, Inc. (NASDAQ: URBN) reported a second-quarter earnings beat and 5% comp growth at the core Urban Outfitters brand while Free People and Anthropologie comps were up 6% and 3%, respectively. Here is a summary of how some of the Street's top analysts reacted to the print. Wells...
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Wells Fargo: Fossil Group May Have Little To Celebrate In The Holiday Quarter
Thursday, August 8, 2019 - 3:03pm | 375Read More...The top-line performance and overall direction of Fossil Group Inc’s (NASDAQ: FOSL) business continue to be concerning, according to Wells Fargo. The Analyst Ike Boruchow maintained an Underperform rating on Fossil Group with an unchanged $8 price target. The Thesis Following weak...
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Farfetch Launches On JD.com, Analysts Bullish On China Prospects
Wednesday, June 12, 2019 - 4:08pm | 357Read More...Farfetch Ltd (NYSE: FTCH) has announced the launch of its business on JD.Com Inc (NASDAQ: JD) in China about six months ahead of schedule. The Analysts Wells Fargo’s Ike Boruchow maintained an Outperform rating on Farfetch with an unchanged $32 price target. Bank of America...
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Wall Street Positive On Stitch Fix Amid Tough Apparel Retail Backdrop
Thursday, June 6, 2019 - 2:35pm | 467Read More...Stitch Fix Inc (NASDAQ: SFIX) shares were surging one day after reporting a surprise third-quarter earnings beat. Here's what two analysts had to say after the print. KeyBanc Capital Markets Stitch Fix’s results were impressive on an absolute basis, but were even more...
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Should Investors Buy The Dip In Canada Goose?
Thursday, May 30, 2019 - 3:06pm | 618Read More...Canada Goose Holdings Inc (NYSE: GOOS) reported Wednesday fiscal fourth-quarter results, which prompted a 30-percent plunge in the stock. Should investors be buyers of the dip? The Street debates what's next for the Canada-based company. The Analysts Wells Fargo's Ike Boruchow maintains a...
