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Retail Earnings Expectations: Ascena Vs. Urban Outfitters
Sunday, March 5, 2017 - 9:28pm | 584Earnings reports from two apparel retailers will be among highlights this week. Wall Street analysts expect earnings declines from both of them. However, top-line growth is anticipated from one of them. The big retailers have reported their latest quarterly results, showing varying degrees of...
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High Hopes For Lululemon Earnings, Not So Much For Abercrombie
Sunday, August 28, 2016 - 11:40am | 652Upcoming earnings highlights include the latest results from two apparel retailers. Wall Street analysts are looking for earnings growth from only one of them. Both have mixed track records recently with beating earnings estimates. The parade of quarterly results from big retailers is winding...
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Retail Earnings Parade Continues: Dicks Sporting Goods, Dollar General, Urban Outfitters
Monday, March 7, 2016 - 9:31am | 774Three more prominent retailers are on deck to share their latest earnings results this week. Analysts expect year-over-year revenue growth from all three but earnings growth from just one. Consensus forecasts see earnings growth from only a few other retailers this week. Although most of the big...
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Brean Capital: Consumers Have Become Experts At The Game Of 'Retail Chicken'
Monday, November 17, 2014 - 4:33pm | 400Heading in to the holiday shopping season, Liz Pierce of Brean Capital updated investors what to expect with Thanksgiving being less than two weeks away. "We believe cooler and more seasonal weather as well as lower gas prices have had a positive impact on traffic and conversion as we have...
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Christopher & Banks Corporation Shares Plunge Following Updated Q3 Outlook
Tuesday, October 7, 2014 - 3:57pm | 328Christopher & Banks Corporation (NYSE: CBK) announced on Tuesday an update to its financial outlook for the third quarter. The specialty women's apparel retailer expects its total net sales to be in the range of $114 million to $118 million, below the company's prior guidance of $...
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Sterne Agee Maintains Neutral on Christopher & Banks
Friday, July 1, 2011 - 8:54am | 85Sterne Agee is out with its report today on Christopher & Banks (NYSE: CBK), maintaining Neutral. In a note to clients, Sterne Agee writes, "We continue to rate CBK Neutral with a $7 target based upon 0.5x FY13 sales with its historic average price to sales at 0.8x. CBK ended Q1 with cash and...
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Piper Jaffray Reiterates Neutral on Christopher & Banks
Friday, July 1, 2011 - 7:46am | 136Piper Jaffray is out with its report today on Christopher & Banks (NYSE: CBK), reiterating Neutral. In a note to clients, Piper Jaffray writes, "We are reiterating our Neutral rating on CBK shares following the company's FQ1 earnings report in which management guided to flat to slightly...
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Piper Jaffray Reiterates Neutral Rating On Christopher & Banks
Friday, April 15, 2011 - 8:05am | 117According to Piper Jaffray, Christopher & Banks (NYSE: CBK) Neutral rating is reiterated. Piper Jaffray reported that it is reiterating its Neutral rating on CBK shares following the company's FQ4 earnings report in which FQ1 gross margin was guided down 900-1,000 bps y/y. “With inventory per...
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Piper Jaffray Lowers Price Target on Christopher & Banks
Thursday, November 18, 2010 - 10:21am | 143Piper Jaffray is lowering their price target and EPS estimates on Christopher & Banks (NYSE: CBK) following updated 3Q outlook. CBK management is expecting a decline between 8-10% in 3Q same-store sales, Piper Jaffray's prior expectation was a 3% increase. Gross margin was also down 500-650 bps...
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Piper Jaffray Downgrades CBK To Neutral
Friday, October 1, 2010 - 8:47am | 141Piper Jaffray has downgraded Christopher & Banks Corporation (NYSE: CBK) to Neutral based on 2Q earnings that were below estimates. In its research report, Piper Jaffray writes "FQ2 sales below our estimate following poor August results. Same store sales were up 1% in FQ3, below our estimate...