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Analysts React To Gap's Earnings Miss, 20% Fall: Near-Term Visibility Diminished
Wednesday, November 25, 2020 - 1:45pm | 431Read More...Gap Inc (NYSE: GPS) reported third-quarter results that fell short of expectations and investors weren't buying management's optimistic tone. Gap reported quarterly earnings of 25 cents per share, which missed the analyst consensus estimate of 32 cents by 21%. Sales of $3.994 billion beat...
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Nordstrom Q3 Reactions Range From 'Low Growth Outlook' To 'Best-Positioned' Retailer
Wednesday, November 25, 2020 - 12:35pm | 743Read More...Nordstrom, Inc. (NYSE: JWN) reported third-quarter results that came in better than expected. Despite the stock's 20% gain in Wednesday's session, some analysts aren't convinced the report signals high-end fashion retailer could see better days ahead. Nordstrom reported quarterly...
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Nike Analysts Bullish Following Earnings Beat: 'Long-Awaited, Structurally Higher Margins'
Wednesday, September 23, 2020 - 12:16pm | 765Read More...Nike Inc (NYSE: NKE) shares traded higher by 10% on Wednesday in a down day for stocks after the company reported a huge surge in online sales in the fiscal first quarter and said trends in China are improving. On Tuesday afternoon, Nike reported first-quarter EPS of 95 cents on revenue of $10.59...
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KeyBanc, Credit Suisse Raise L Brands Price Targets After Retailer's Q2 Report
Friday, August 21, 2020 - 11:15am | 592Read More...Victoria's Secret and Bath & Body Works parent company L Brands Inc (NYSE: LB) reported Wednesday with second-quarter results that prompted two analysts to lift their price targets higher. The L Brands Analysts: Credit Suisse analyst Michael Binetti maintained a Neutral...
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Analysts Mostly Impressed With Nike's China Recovery
Wednesday, March 25, 2020 - 3:30pm | 794Read More...Nike Inc (NYSE: NKE) reported fiscal third-quarter results that came in better than expected and prompted a rally in the stock. Here is a summary of how some of the Street's top analysts reacted to the print and management's commentary. 5 Takeaways The five main takeaways from Nike...
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Road Ahead Looks Good For Ferrari, Credit Suisse Says
Wednesday, January 29, 2020 - 2:51pm | 358Read More...Ferrari NV (NYSE: RACE) is scheduled report release fourth-quarter results on Feb. 4. The quarterly results could indicate Ferrari’s “accelerating earnings power” as the company gears up for its big 2020 car lineup, according to Credit Suisse. The Analyst Credit Suisse...
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'Their Model Continues To Thrive': TJX Analysts React To Q3 Earnings Beat
Wednesday, November 20, 2019 - 5:12pm | 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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The Street Debates If Now Is The Time To Shop For Kohl's Stock
Wednesday, November 20, 2019 - 11:16am | 616Read More...Kohl's Corporation (NYSE: KSS) disappointed investors Tuesday with an EPS miss in its third-quarter report, along with a downward revision in its full-year outlook. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wedbush analyst Jen Redding...
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'Nike Continues To Expand The Market': Analysts Applaud Q1 Beat
Wednesday, September 25, 2019 - 4:05pm | 836Read More...Nike Inc (NYSE: NKE) shares are in all-time high territory after the apparel company posted a first-quarter earnings beat Tuesday. Wells Fargo Weighs In Although expectations were very high heading into the first quarter, Nike was able to clear the bar with an earnings report that was solid from...
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L Brands Analyst Day Has Wall Street Playing Wait-And-See On Victoria's Secret Turnaround
Wednesday, September 11, 2019 - 3:30pm | 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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Analysts: Ulta Beauty's Drastic Second-Half Guidance Cut A Blemish For Retailer
Friday, August 30, 2019 - 12:07pm | 583Read More...Ulta Beauty Inc (NASDAQ: ULTA) shares tumbled to an eight-month low Friday in reaction to the retailer's second-quarter results, which revealed earnings and revenue misses as well as lower full-year guidance. The Analysts Piper Jaffray analyst Erinn Murphy downgraded Ulta from...
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Analysts: Few Blemishes In Estee Lauder's Q4 Print
Tuesday, August 20, 2019 - 12:32pm | 615Read More...Estee Lauder Companies Inc (NYSE: EL) delivered a strong fourth quarter, beating Street estimates on earnings and sales, and boosting guidance. Several analysts remained bullish on the stock, noting the beauty company’s seeming ability to defy expectations for slowing growth. The Analysts...
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RealReal Shares Slide After Earnings, But Wall Street Stays Optimistic
Wednesday, August 14, 2019 - 2:37pm | 520Read More...RealReal Inc (NASDAQ: REAL) shares are plunging one day after reporting its second-quarter report. Here's what The Street had to say. Credit Suisse Credit Suisse analyst Michael Binetti said despite heightened investor fears heading into the quarter, it was key for the company to show upside to...
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Analysts Dissect Reports Of Nordstrom Family's Play For Majority Stake In Retailer
Thursday, August 1, 2019 - 2:32pm | 666Read More...The Wall Street Journal reported Wednesday that the Nordstrom family is looking to gain a majority stake in Nordstrom, Inc. (NYSE: JWN), the high-end fashion retailer that bears the family's name. Here's how the Street reacted. The Analysts Credit Suisse's Michael...
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L Brands Analysts Review Q1 Print; Wells Fargo Says Bath And Body Works 'One Of The Brightest Spots In Retail'
Thursday, May 23, 2019 - 4:01pm | 559Read More...Embattled L Brands Inc (NYSE: LB) is having a good week: shares of the retailer were up 12.84 percent at the close Thursday after the company reported a first-quarter sales beat the day before. Victoria’s Secret continues to be a drag on L Brands results, with same store sales down 5...
