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4 Nordstrom Analysts React To Mixed Q1 Earnings: 'We Remain Skeptical'
Wednesday, May 25, 2022 - 12:18pm | 542Nordstrom, Inc. (NYSE: JWN) shares traded higher by 11% on Wednesday after the company reported strong first-quarter sales numbers and raised its full-year guidance. On Tuesday, Nordstrom reported a first-quarter adjusted EPS loss of 6 cents, slightly missing consensus analyst estimates of a 5-cent...
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4 Ross Analysts React To Q1 Earnings Miss, Guidance Cut, Execution Missteps
Friday, May 20, 2022 - 3:01pm | 574Shares of Ross Stores, Inc. (NASDAQ: ROST) dropped 23.9% on Friday after the company became the latest retail stock to disappoint the market with its first-quarter numbers. On Thursday, Ross reported first-quarter adjusted EPS of 97 cents on revenue of $4.33 billion. Both numbers missed consensus...
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Why BofA Downgrades Carter's Ahead Of Q1 Print
Wednesday, April 27, 2022 - 11:51am | 202Carter's, Inc. (NYSE: CRI) faces a risk to margins as the promotional environment normalizes, according to Bofa Securities. The Carter's Analyst: Christopher Nardone downgraded the rating for Carter's from Buy to Underperform, while reducing the price target from $120 to $82. The Carter...
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This Canadian Clothing Company Has A Better One-Year Return Than Apple, Ford and AMD
Friday, April 1, 2022 - 4:00pm | 344When the COVID-19 pandemic pushed millions of people to work remotely two years ago, shoppers wanted one thing: comfort. This was a tailwind for athletic brands such as Nike Inc (NYSE: NKE) and Lululemon Athletica Inc (NASDAQ: LULU), but a strong headwind for brands that produce more formal...
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If You Invested $1,000 In Costco Stock One Year Ago, Here's How Much You'd Have Now
Tuesday, December 21, 2021 - 1:35pm | 549Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 28.8%. But there is no question some big-name stocks performed better than others along the way. Costco's Big...
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Cramer Weighs In On Ralph Lauren Stock Following Analyst Downgrade
Tuesday, December 14, 2021 - 1:07pm | 355Ralph Lauren Corp (NYSE: RL) is trading lower Tuesday after Goldman Sachs analyst Brooke Roach downgraded the stock from a Buy to a Sell rating and lowered the price target from $142 to $110. Despite the downgrade, "Ralph Lauren should not be sold," Jim Cramer...
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Naked Brand Group Flew Higher Up Into Resistance Friday
Friday, September 24, 2021 - 6:07pm | 430Naked Brand Group Ltd. (NASDAQ: NAKD) shares were trading higher Friday, moving after the company’s chairman and CEO announced the company believes it has found an opportunity in the clean technology sector. Naked Brand closed up 15.04% at $0.68 at market close Friday. Naked Brand Daily Chart...
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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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This Athleisure Stock Has A Better 6-Month Return Than Tesla, Ford, Amazon And Alibaba
Thursday, September 9, 2021 - 12:01pm | 334When you think of athleisure and yoga pants, you probably think of Lululemon Athletica Inc (NASDAQ: LULU). Now, you can add an amazing six-month investment to that list. Since March 2021, Lululemon stock's six-month return has outperformed a number of the world’s most...
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Naked Brand Stock Consolidates Into Bullish Pattern: What's Next?
Monday, August 30, 2021 - 12:00pm | 619Naked Brand Group Ltd (NASDAQ: NAKD) opened higher on Monday but eventually continued the much-needed consolidation Benzinga called out last Wednesday. Between Aug. 24 and Aug. 26, the stock ran almost 40% higher. This put Naked Brand’s relative strength index above 70% and into...
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Levi Strauss Is Attractive From 'Tops' To 'Bottoms,' Wells Fargo Says
Monday, August 30, 2021 - 11:48am | 278Levi Strauss & Co. (NYSE: LEVI) has indicated it is in the early stages of a new denim cycle, according to Wells Fargo. The Levi Strauss Analyst: Ike Boruchow initiated coverage of Levi Strauss with an Overweight rating and a price target of $31. The Levi Strauss Thesis: The company is among...
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Morgan Stanley Warns Of Further Downside to Nordstrom Stock
Thursday, August 26, 2021 - 6:14pm | 222Nordstrom, Inc’s (NYSE: JWN) revenue recovery journey is likely to be prolonged and cost inflation is expected to exert margin pressure, according to Morgan Stanley. The Nordstrom Analyst: Kimberly Greenberger downgraded the rating for Nordstrom from Equal-Weight to Underweight, while...
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Stifel Upgrades Poshmark Stock On Expanding Addressable Market
Tuesday, July 13, 2021 - 12:46pm | 221Poshmark Inc (NASDAQ: POSH) is the best-positioned company in the market for resale apparel, given its “asset-light business model,” which supports healthy long-term margins and allows for “rapid expansion in new markets with minimal expected capex,” according to Stifel. The...
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Urban Outfitters Dressed For Success, Gets Upgrade From JPMorgan
Wednesday, May 26, 2021 - 11:17am | 283Urban Outfitters, Inc.’s (NASDAQ: URBN) top-line is inflecting above the pre-COVID-19 pandemic levels, while there appear to be additional catalysts for the back half of 2021 and in 2022, according to JPMorgan. The Urban Outfitters Analyst: Matthew Boss upgraded the rating for Urban...
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Aeropostale, Forever 21 Owner Authentic Brands Exploring IPO: What Investors Should Know
Tuesday, May 25, 2021 - 1:02pm | 477The owner of several retail brands and a licensing business could hit the public markets with a $10 billion IPO being explored for 2021. What Happened: Authentic Brands is the owner of Aeropostale, Brooks Brothers, Juicy Couture, Forever 21, Barneys New York, Airwalk, Frederick’s of...