John Kernan

PVH Corp (NYSE: PVH) shares are moving higher after the apparel company reported a second-quarter earnings beat Wednesday. One analyst cut their price target significantly on the stock after the quarterly print.  The Analyst  Cowen’s John Kernan maintained a Market...

The rise of sneaker and luxury resale platforms in recent years has many consumers looking at shoes as investments as much as fashion or footwear. The commoditization of sneakers has given rise to several resale platforms that are raising capital. Two of them, Detroit-based StockX and China-based...

After hosting meetings with TJX Companies Inc (NYSE:TJX) CFO Scott Goldenberg, Cowen said it's confident in the company’s earnings growth potential despite the sector’s low sentiment. The Analyst  John Kernan reiterated an Outperform rating on TJX with a $63 price...

Although the trade war still looms, with footwear and apparel companies expected to be particularly affected, one analyst says to buy on the pullback of Ralph Lauren Corp (NYSE: RL). The Analyst Cowen analyst John Kernan reiterates an Outperform rating with a $145 price target. The Thesis Ralph...

The hype around sneakers is at an all-time high. The industry has been buzzing for years, evidenced by the rise of sneaker resale platforms, two of which, StockX and Poison, just hit unicorn status; the entrance of luxury brands; and growing interest in sneakers within womens fashion....

Callaway Golf Co (NYSE: ELY) shares are trading down despite the golf club maker's Thursday earnings beat. Here's how two analysts reacted to the print.  Cowen  Callaway management was able to raise its outlook within the core golf business, but weakness in the newly...

Yeti Holdings Inc (NYSE: YETI) continues to be one of the hottest stocks of 2019, with shares nearly doubling year-to-date. The Austin, Texas-based company's momentum is continuing after reporting a big first-quarter earnings beat Thursday. Here's how the sell-side reacted.  KeyBanc...

Under Armour Inc (NASDAQ: UAA) is confident in the trajectory of its turnaround strategy, according to Cowen.   Shares of the Baltimore-based apparel brand are moving higher after it reported a much-needed first-quarter sales beat Thursday and raised its 2019 guidance. The Analyst...

Lululemon Athletica, inc. (NASDAQ: LULU) hosted its analyst day this week, and it brought big announcements from an apparel company that has gained a lot of momentum in recent months.  Arguably, the biggest revelation was the announcement that Lululemon is entering the footwear business. Here...

Columbia Sportswear Company (NASDAQ: COLM) shares are off on Friday despite reporting a big first-quarter earnings beat and raised guidance. The Analyst Cowen's John Kernan maintains an Outperform rating and raised his price target from $120 to $123. The Thesis Kernan continues to see upside to...

It's a new era for Burlington Stores Inc (NYSE: BURL) after the retailer announced Wednesday that Thomas Kingsbury, its chairman and CEO for over a decade, will step down later this year. Michael O’Sullivan, formerly president and COO of Ross Stores, Inc. (NASDAQ: ROST), will take...

Cowen recently took consultants and investors on a tour of off-price retail stores to conduct some channel checks. The Analyst John Kernan maintains an Outperform rating on Burlington Stores Inc (NYSE: BURL) with a $165 target. He maintains an Outperform rating on Ross Stores, Inc. (NASDAQ: ROST)...

Yeti Holdings Inc (NYSE: YETI) has been one of the hottest stocks of 2019 and could continue its run. The Analyst Cowen analyst John Kernan initiated coverage on Yeti with an Outperform rating and a $35 price target. The Thesis Kernan says Yeti’s consensus sales and EPS estimates appear...

New Guess?, Inc. (NYSE: GES) CEO Carlos Alberini outlined some of his strategic vision for the company after taking the reigns of the company at Cowen’s Future of the Consumer conference in New York City last week. The Analyst Cowen analyst John Kernan maintains an Market Perform rating with...

Lululemon Athletica inc. (NASDAQ: LULU) shares are trading higher after reporting impressive fourth-quarter earnings Wednesday. According to a NPD Consumer panel, the athleisure-brand sold more women’s activewear in the U.S. last quarter than Nike Inc (NYSE: NKE). The Analysts Cowen analyst...