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Fossil's Bear Case Is Playing Out, Leading Oppenheimer To Lower Estimates
Thursday, May 12, 2016 - 10:20am | 274Fossil Group Inc (NASDAQ: FOSL) reduced its FY16 guidance, reflecting a sharp deceleration in the sales of traditional watches in the Americas and Europe in recent months. Oppenheimer’s Anna Andreeva maintained a Perform rating for the company, saying that the bear case appeared to be...
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Oppenheimer Moves To The Sidelines On Children's Place, Downgrades To Perform
Wednesday, May 4, 2016 - 10:36am | 267Although Childrens Place Inc (NASDAQ: PLCE)'s share price has declined from its recent high, the stock has significantly outperformed year-to-date, rising 37 percent. Oppenheimer’s Anna Andreeva downgraded the rating on the company to Perform, while lowering the price target from $82 to $72...
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How Big Is Under Armour's Women's Biz Opportunity?
Thursday, April 7, 2016 - 10:53am | 365Oppenheimer’s Anna Andreeva mentioned that growing its women’s business was a crucial part of Under Armour Inc (NYSE: UA)'s $7.5 billion revenue goal and the company “becoming a global athletic brand.” The analyst maintained a Perform rating on the company. Growing...
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Can Under Armour Get To $7.5 Billion In Sales By End Of 2018?
Wednesday, March 9, 2016 - 5:27pm | 695Under Armour Inc (NYSE: UA), at its September 2015 analyst day, outlined plans to reach $7.5 billion in revenues by 2018, more than double the 2014 base of $3.1 billion in just four years. The top drivers include better penetrating existing product categories, expanding retail store footprint...
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Fossil In For Fight With Apple After Big Quarterly Win, Analyst Says
Thursday, February 18, 2016 - 9:21am | 362Wristwear company Fossil Group Inc (NASDAQ: FOSL) proved to be a diamond-studded timepiece after reporting fourth-quarter earnings after close Tuesday with great news for investors. However, analysts wonder if the company's sheen will tarnish coming out of a successful holiday. The company reported...
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Oppenheimer Highlights Key Specialty Retailers For '16
Tuesday, January 5, 2016 - 1:21pm | 418In a new report, Oppenheimer analyst Anna Andreeva took a look at retailing and apparel stocks headed into 2016. While Oppenheimer does see opportunity for some 2015 laggards to outperform in 2016, Andreeva believes the best opportunity for traders is to stick with the strong brands. Estimates...
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Oppenheimer Downgrades American Eagle Despite Doing 'Everything Right This Year'
Monday, November 30, 2015 - 11:59am | 255The share price of American Eagle Outfitters (NYSE: AEO) has appreciated 14.05 percent year-to-date, opening at $16.15 on November 30. Oppenheimer’s Anna Andreeva has downgraded the rating on the company to Perform, while lowering the price target from $19 to $17. Following the...
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Let's Demystify Lululemon
Thursday, November 19, 2015 - 2:08pm | 558Lululemon Athletica inc. (NASDAQ: LULU) reported its second-quarter financial results on September 10 essentially in line with expectations. Since then, the stock has lost more than 25 percent. Following the decline, Oppenheimer analysts Anna Andreeva and Janet Lynne Knopf looked at the company...
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35 Stock Ideas Oppenheimer Analysts Love Right Now
Saturday, October 17, 2015 - 10:11pm | 1463Oppenheimer just released its 35 top stock ideas for October and November. Here’s a rundown of the full list with analyst commentary included. 1. Turtle Beach Corp (NASDAQ: HEAR) Analyst Sean McGowan sees two drivers of the stock: the “resurgence in video games” and the rollout of...
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American Eagle Vs. Abercrombie: The Investing Battle
Wednesday, September 30, 2015 - 7:22am | 546Anna Andreeva of Oppenheimer pitted American Eagle Outfitters (NYSE: AEO) against Abercrombie & Fitch Co. (NYSE: ANF) in a one-on-one investment battle. Andreeva noted both retailers have similar sales (about $3.4 billion globally) and similar store fleets (around 1,000 units)....
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Lululemon Is Controversial, But Growth Potential Is Nearly Unmatched In Retail
Friday, September 11, 2015 - 11:40am | 296Lululemon Athletica inc. (NASDAQ: LULU) shares have declined 17 percent in the past month, and are trading around the mid-point of their 52-week range of $37.86 - $70.00. Oppenheimer’s Anna Andreeva maintained an Outperform rating for the company, with a price target of $75....
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Oppenheimer: Why We Love Lululemon
Friday, August 28, 2015 - 1:10pm | 394Shares of Lululemon Athletica inc. (NASDAQ: LULU) were trading slightly higher early Friday morning, despite a bullish note by analysts at Oppenheimer. Oppenheimer's consumer/specialty retailing analyst Anna Andreeva reiterated an Outperform rating on Lululemon's stock with an unchanged $75 price...
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Oppenheimer Downgrades Chico's On Sales Misses, Leadership Transition Risk
Monday, July 6, 2015 - 9:43am | 294In a report published Monday, Oppenheimer analyst Anna Andreeva downgraded the rating on Chico's FAS, Inc. (NYSE: CHS) from Outperform to Perform, while lowering the price target from $20 to $16. Although the stock has risen substantially since the company's started its inventory reduction...
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3 Consumer Discretionary Stocks Oppenheimer Loves
Monday, June 8, 2015 - 2:36pm | 454In a report issued Sunday, Oppenheimer analysts Anna Andreeva and Janet Lynne Knopf look into retailers, following the first quarter earnings season. According to the note, retailers covered by the firm retrieved, in average, a 2 percent decline in earnings, mainly driven by bad weather and...
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10 Oppenheimer Analysts Each Pick A Top Stock
Sunday, March 29, 2015 - 10:47am | 489In a recent report, Oppenheimer asked analysts that cover different ares of the stock market each to choose his or her single top stock pick in the space based on the fundamentals of the company. Here are the stocks that these ten analysts chose. 1. Rupesh Parikh, CFA (food, grocery &...