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Foot Locker's Issues Are 'Self-Inflicted': 3 Analysts Review Q1 Print
Monday, May 22, 2023 - 2:09pm | 487Shares of Foot Locker Inc (NYSE: FL) tanked in early trading on Monday, after reporting disappointing earnings for the first quarter. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Telsey Advisory Group On Foot Locker Analyst...
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Your 20% Off Bed Bath & Beyond Coupons Could Have New Life At These 2 Retailers: Will It Help Struggling Share Prices?
Monday, May 1, 2023 - 3:45pm | 1222Customers of Bed Bath & Beyond (NASDAQ: BBBY) have been accustomed to using the popular 20% off any single item coupons the retailer has mailed out for years. With the retailer filing for bankruptcy and ending the use of the coupon, customers could be searching for new places to shop...
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9 Nike Analysts On Q2 Earnings Beat, Improving Inventory Trends, China: 'Decidedly Upbeat'
Wednesday, December 21, 2022 - 12:58pm | 898Nike Inc (NYSE: NKE) shares rallied Wednesday morning after the company reported shrinking margins but said inventory levels have improved slightly on a quarterly basis. Nike reported fiscal second-quarter adjusted EPS of 85 cents on revenue of $13.32 billion. Both numbers missed consensus analyst...
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Why This Oppenheimer Analyst Upgrades Home Depot
Monday, December 6, 2021 - 1:05pm | 234The consumer backdrop is set to normalize in 2022 and 2023 and the nearer-term prospects for Home Depot Inc (NYSE: HD) have improved, according to Oppenheimer. The Home Depot Analyst: Brian Nagel upgraded the rating for Home Depot from Perform to Outperform, while establishing a price target of $...
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Lululemon Analysts Break Down Q2 Earnings: 'Clear Runway For Continued Growth'
Thursday, September 9, 2021 - 3:36pm | 529Lululemon Athletica Inc (NASDAQ: LULU) shares traded higher by 12.7% on Thursday after the athletic apparel company reported a second-quarter earnings beat and raised its guidance. On Wednesday, Lululemon reported second-quarter adjusted EPS of $1.65 on revenue of $1.45 billion, and both numbers...
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5 Lululemon Analysts Break Down Q1 Beat: 'Momentum Building At LULU'
Friday, June 4, 2021 - 2:50pm | 541Lululemon Athletica Inc (NASDAQ: LULU) shares traded higher by 3.2% on Friday after the company reported an aggressive rebound in sales and store traffic in the first quarter. Lululemon reported first-quarter adjusted EPS of $1.16 on revenue of $1.23 billion. Both numbers topped consensus analyst...
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3 Advance Auto Parts Analysts Break Down Q1 Earnings
Friday, June 4, 2021 - 11:43am | 486Advance Auto Parts (NYSE: AAP) posted a first-quarter beat-and-raise Wednesday. The auto parts retailer reported first-quarter adjusted earnings of $3.34 per share against a $3.08 Street estimate and sales of $3.33 billion, outrunning a $3.28-billion estimate. The company raised its 2021...
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Why This Lowe's Analyst Is Turning Bullish
Thursday, May 13, 2021 - 12:26pm | 295Although Lowe’s Companies Inc (NYSE: LOW) could continue to face near-term challenges, key economic indicators suggest a stronger-than-expected economic recovery and investors “should continue to focus upon shares of cyclically driven enterprises,” according to Oppenheimer. The...
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Wall Street Weighs In On Lululemon's Mirror Acquisition
Tuesday, June 30, 2020 - 3:30pm | 687Lululemon Athletica Inc (NASDAQ: LULU) shares gained 5.5% on Tuesday after the company announced a $500 million buyout of in-home fitness company Mirror. Mirror is Lululemon’s first major acquisition, and the deal is expected to close in the second half of the year. New Way To Connect Bank of...
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The Street Debates Whether Best Buy Investors Should Buy The Dip
Friday, May 22, 2020 - 4:27pm | 1018Electronics retailer Best Buy Co., Inc. (NYSE: BBY) reported Thursday first quarter results, highlighted by a 5.7% year-over-year drop in comps which was still better than expected. EPS also came in better than expected but the stock traded lower as investors debated its outlook in an uncertain...
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Lululemon Analysts Bullish After Q3 Print Amid High Expectations
Thursday, December 12, 2019 - 12:21pm | 918Lululemon Athletica Inc (NASDAQ: LULU) shares are trading down sharply despite the retailer's third-quarter earnings and sales beat on Wednesday. Here's what Wall Street analysts have to say. Piper Jaffray: Lululemon Loyalty Program Shows Promise Analyst Erinn Murphy...
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2 Experts React To Home Depot's Earnings: Internal Issues At Play
Tuesday, November 19, 2019 - 11:50am | 540Home Depot Inc (NYSE: HD) reported a revenue miss in its third quarter and weaker-than-expected same-store sales. Management also revised its full-year 2019 outlook. Home Depot's same-store sales growth in the quarter came in at 3.5%, which was notably short of the approximate 5% estimate the...
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Analyst: Tiffany A 'Motivated' Seller, But Not At $120
Monday, October 28, 2019 - 11:40am | 591Tiffany & Co. (NYSE: TIF) confirmed Monday that it received an unsolicited and non-binding takeover proposal from LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) at $120 per share. Tiffany Is Interested, But Not At $120 Tiffany is open to a deal to sell itself to LVMH, but not at $120 per share,...
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Analyst's Early Reaction To Tiffany's Earnings: 'Better Than Feared'
Wednesday, August 28, 2019 - 9:50am | 376Tiffany & Co. (NYSE: TIF) reported second-quarter that were "better than feared," Oppenheimer analyst Brian Nagel told CNBC. What Happened Tiffany's second-quarter numbers were mixed as the company reported an EPS beat but revenue fell short of estimates. A closer look at the...
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Here's What The Street Is Saying As Retail Earnings Heat Up
Friday, August 16, 2019 - 2:50pm | 653What shape is the consumer in? Were Macy's Inc (NYSE: M) poor earnings report indicative of the retail environment or should investors look instead at Walmart Inc (NYSE: WMT)? As earnings season starts to heat up, here is a summary of how some of the top retail analysts and experts answered...