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Under Armour Posts Largest Share Gain In 10 Years After Q3 Beat
Tuesday, October 30, 2018 - 4:57pm | 512Read More...Under Armour Inc (NYSE: UAA) shares gained 27.71 percent to $23.23 Tuesday after the apparel maker reported a big third-quarter earnings beat. What Happened The Baltimore-based athletic apparel brand reported Q3 earnings of 25 cents per share, beating estimates by 12 cents. Under Armour sales...
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Goldman Sachs Out Bullish On L Brands, Takes Neutral Stance On Gap
Friday, October 26, 2018 - 2:44pm | 502Read More...Goldman Sachs initiated coverage of two retail brands this week. The Analyst Goldman Sachs analyst Alexandra Walvis initiated coverage of L Brands Inc (NYSE: LB) with a Buy rating and $36 price target. The analyst also initiated coverage of Gap Inc (NYSE: GPS) with a...
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Jefferies Finds 4 Reasons To Like Zumiez
Thursday, October 25, 2018 - 2:21pm | 396Read More...Shares of specialty retailer Zumiez Inc. (NASDAQ: ZUMZ) peaked at $32.70 in early September, and investors should take advantage of the recent dip in the stock toward the $20 level, according to Jefferies. The Analyst Jefferies' Janine Stichter initiated coverage of Zumiez with a Buy...
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Vans' Popularity Hits All-Time High Among Teens In Piper Jaffray Survey
Thursday, October 25, 2018 - 9:49am | 468Read More...VF Corp (NYSE: VFC)'s Vans brand is reaching all-time high levels of popularity among teens, according to Piper Jaffray. The firm's semi-annual "Taking Stock With Teens" survey saw Vans hit its highest numbers in the study's history at 19 percent mindshare, the closest...
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'We Believe This Momentum Will Likely Continue': 4 Reasons Behind Canaccord's Lululemon Upgrade
Wednesday, October 24, 2018 - 10:14am | 441Read More...Investors should take advantage of Lululemon Athletica Inc. (NASDAQ: LULU)’s 15-percent pullback over the last month, according to Canaccord Genuity. The Analyst Analyst Camilo Lyon upgraded Lululemon from Hold to Buy and raised the price target from $152 to $160. The Thesis The recent...
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Buy The Dip In American Eagle, Citi Says In Upgrade
Friday, October 19, 2018 - 3:20pm | 319Read More...With the retailer's stock down by about 30 percent since its second-quarter report in late August, investors should consider buying American Eagle Outfitters (NYSE: AEO), according to Citi. The Analyst Citi's Paul Lejuez upgraded American Eagle Outfitters from Neutral to Buy with a new...
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Cowen: StockX's Influence In Footwear Is Accelerating After $44M Funding Round
Tuesday, October 16, 2018 - 4:09pm | 484Read More...The influence of the Detroit-based sneaker marketplace StockX in footwear is accelerating, according to Cowen. StockX recently raised $44 million in Series B funding, which increases its potential for marketplace disruption, analyst John Kernan said in a Monday note. The funding round,...
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Needham Sees Growth Opportunities For Tapestry Despite Tariff Concerns
Tuesday, October 16, 2018 - 11:52am | 381Read More...From a sell-off to a new brand name and the purchase of Kate Spade, Tapestry, Inc. (NYSE: TPR), formerly known as Coach, has had a year of transition. On Tuesday, the luxury apparel conglomerate picked up a new sell-side bull. The Analyst Needham analyst Rick Patel upgraded Tapestry from...
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Lululemon's Recent Pullback Creates Attractive Entry Point, Wedbush Says In Upgrade
Monday, October 15, 2018 - 2:12pm | 386Read More...Lululemon Athletica Inc. (NASDAQ: LULU) received a sell-side upgrade Monday after a pullback in shares that Wedbush said is likely due to the market sell-off rather than a shift in company fundamentals. The Analyst Wedbush analyst Jen Redding upgraded Lululemon from ...
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Citi: Michael Kors A Buy After Versace Acquisition
Thursday, October 4, 2018 - 11:28am | 280Read More...Global fashion brand Michael Kors Holdings Ltd (NYSE: KORS)'s recent acquisition of Versace sent the American-based company's stock lower by 9 percent — and investors should buy the dip, according to Citi. The Analyst Citi's Paul Lejuez upgraded Michael Kors from...
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Stitch Fix Shares Plummet 30%: 'Q4 Results Did Not Come In As Bulls Had Hoped'
Tuesday, October 2, 2018 - 11:30am | 530Read More...Personal styling company Stitch Fix, Inc. (NASDAQ: SFIX) reported fourth-quarter earnings Monday. The company reported 2.74 million active clients, a 25-percent year-over-year increase, sales of $318.3 million and adjusted earnings per share of 17 cents. The Analysts Wells...
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Report: Michael Kors Could Bag Italian Fashion Label Versace In $2B Deal
Monday, September 24, 2018 - 9:47am | 453Read More...In what would be a major shakeup in the fashion industry, Michael Kors Holdings Ltd (NYSE: KORS) is reportedly close to buying Italian fashion house Versace. What Happened Michael Kors, which is on a buying spree and had purchased luxury shoemaker Jimmy Choo for $1.2 billion in 2017, is...
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Study: Nike Is The Top Apparel Brand Among Gen Z, Millennials
Sunday, September 23, 2018 - 5:20pm | 713Read More...Nike Inc (NYSE: NKE) is the preferred apparel brand for Gen Z members and millennials, according to a new study. The sportswear giant, now the best performing stock in the Dow in 2018, trumps its competitors in the 13-19, 20-29 and 30-39 age range, particularly due to the authenticity of the...
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Cowen Downgrades Skechers, Says Shoemaker Faces Forex, Inventory Pressures
Thursday, September 20, 2018 - 10:20am | 475Read More...Skechers USA Inc (NYSE: SKX) shares are down 27 percent year-to-date, but given the shoemaker's large valuation gap to peers, Cowen anticipates additional declines. The Analyst Cowen analyst John Kernan downgraded Skechers from Outperform to Market Perform and...
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Henri Brendel Closure Wins L Brands An Upgrade From Bank Of America Merrill Lynch
Tuesday, September 18, 2018 - 11:03am | 391Read More...Fashion and beauty retailer L Brands Inc (NYSE: LB) said last week it will close all 23 of its Henri Bendel stores and the brand's e-commerce platform — a move that makes the stock less risky, according to Bank of America Merrill Lynch. The Analyst Bank of America's Lorraine...
















