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Signet Jewelers' Blemishes Lead To RBC Downgrade
Friday, January 12, 2018 - 2:57pm | 369Read More...Investors with confidence in Signet Jewelers Ltd. (NYSE: SIG)'s long-term story showed patience and risk tolerance — but now one Wall Street analyst is no longer comfortable with a bullish stance. The Analyst RBC Capital Markets' Brian Tunick downgraded Signet Jewelers'...
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Coach Could Become A 'House Of Modern Luxury'
Thursday, June 15, 2017 - 11:36am | 447Read More...Coach Inc (NYSE: COH) has strengthened its position moving into the future, leading RBC analyst Brian Tunick to raise its price target from $45 to $50, and reiterated an Outperform rating. The analyst raised the price target without even adjusting estimates to account Coach’s acquisition of...
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RBC Not Adding Macy's To Its Shopping Cart Despite M&A Rumors
Thursday, February 23, 2017 - 10:03am | 409Read More...Despite takeout rumors, RBC Capital is not excited on Macy's Inc (NYSE: M) as it expects core business to be increasingly challenged by competitive pressures, while margins also remain depressed by pricing headwinds and costly growth investments. Analyst Brian Tunick reiterated his Sector...
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RBC Says Chico's FAS Is An Under-Owned Name
Friday, September 2, 2016 - 10:10am | 314Read More...Chico's FAS, Inc. (NYSE: CHS) reported a Q2 beat, with sales and margins ahead of expectations. The company represents an “under-owned name” with low expectations, RBC Capital Markets’ Brian Tunick said in a report. He reiterated an Outperform rating on the company, while...
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RBC Trims Abercrombie Price Target To $20
Thursday, September 1, 2016 - 1:17pm | 359Read More...Brian Tunick of RBC Capital Markets argued in a research note that Abercrombie & Fitch Co. (NYSE: ANF) is "fighting a good fight" but its second quarter earnings report, which includes an earnings miss puts a damper on the company's outlook. Tunick highlighted Abercrombie's traffic challenges...
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RBC Believes Dept Stores Have Uphill Battle; Initiates Macy's, Nordstrom At Sector Perform, Kohl's At Underperform
Wednesday, May 4, 2016 - 11:11am | 531Read More...Department Stores comps decelerated from +1.5 percent in 1H15 to -1.2 percent in 2H15. The segment’s EPS growth also deteriorated from a 4 percent y/y decline in 1H to a 13 percent decline in the second half, indicating a change in trends. RBC Capital Markets’ Brian Tunick initiated...
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Urban Outfitters Bought A Pizza Company... And Reported Q3 Results: Here Are How Experts Reacted
Tuesday, November 17, 2015 - 11:21am | 1111Read More...Shares of Urban Outfitters, Inc. (NASDAQ: URBN) lost more than 7 percent on Monday after the company announced it acquired The Vetri group of restaurants. The specialty teen retailer noted that "spending on casual dining is expanding rapidly." Analysts were mostly negative on...
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Ann Q1 Earnings Preview
Thursday, May 21, 2015 - 2:44pm | 577Read More...Ann Inc (NYSE: ANN) will report Q1 earnings Friday ahead of the market open. The company has guided that revenue would come in at $605 million while the Wall Street consensus expected EPS of $0.33 on revenue of $604.87 million. In a May 4 note, RBC analyst Brian Tunick thought Ann “...
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Ulta Salon, Cosmetics & Fragrance, Inc. Rallies On 5-Year Plan; Analysts Applaud
Friday, September 12, 2014 - 2:22pm | 281Read More...Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) gained more than 20 percent Friday after the company unveiled a five-year plan for impressive growth. Analysts broadly applauded the Bolingbrook, Illinois, retailer and salon service provider's business goals, which suggest 2019...
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Lululemon Athletica inc. Rallies But Fails To Impress Analysts
Friday, September 12, 2014 - 11:34am | 302Read More...Lululemon Athletica inc. (NASDAQ: LULU) shares opened sharply higher Friday on both an apparent short squeeze and investor enthusiasm for better-than-expected second-quarter results. But better than expected for Vancouver-based Lululemon, meant flat same-store sales that left a number of...
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Michael Kors Vs. Coach, Purse For Purse
Thursday, July 10, 2014 - 4:45pm | 921Read More...A popular debate, currently brewing in social media, is the comparison of the luxury brand retailers Michael Kors Holdings (NYSE: KORS) and Coach (NYSE: COH). Historically Kors has been satisfying its shareholders with hefty returns since the company's IPO back in 2011, while Coach has been...
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Lululemon Earnings Preview: What the Analysts are Saying
Wednesday, March 26, 2014 - 4:11pm | 662Read More...Lululemon Athletica (NASDAQ: LULU) will report its fourth quarter results on Thursday before the market opens. The company is expected to report an EPS of $0.72, on revenue of $516.8 million. The last time Lululemon reported its quarterly results was on Dec, 12. At that time, the company...
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UPDATE: JP Morgan Initiates Coverage on Lululemon on Low- to Mid- Teens Footage Growth
Wednesday, November 13, 2013 - 8:02am | 170Read More...In a report published Wednesday, J.P. Morgan analyst Brian Tunick initiated an Overweight rating of Lululemon Athletica (NASDAQ: LULU) and initiated the price target to $84.00. In the report, J.P. Morgan wrote, "We are initiating coverage of LULU with an OW rating and December 2014 price target of...
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Ulta Salon (ULTA) And Target (TGT) To Shine In 2010
Friday, January 8, 2010 - 9:26am | 139Read More...While talking with CNBC, Brian Tunick of JPMorgan pointed out that retail sales registered sluggish volumes during the first two weeks of December, 2009. However, customers pushed up the sales figures during the latter weeks of the month. Jeff Klinefelter of Piper Jaffray confirmed this point of...
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J.P. Morgan Is Neutral On Gap (GPS)
Friday, September 18, 2009 - 5:24pm | 128Read More...Brian Tunick of J.P. Morgan says that Gap (NYSE: GPS) has successfully cut expense and lowered inventory 20% on two year basis, but now they have two show if they got what it takes to play offense in very challenging economic environment. Therefore J.P. Morgan is neutral on Gap (GPS), practically...
