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IPO Preview: ZipRecruiter, Fintech Companies Paymentus, Flywire Lead Week Of Offerings
Monday, May 24, 2021 - 3:55pm | 683The week of May 24 is going to be busy with several IPOS, including the direct listing of ZipRecuriter. Here's a look at the major deals. ZipRecruiter: Since 2010, ZipRecruiter has connected 2.8 million employers to more than 110 million job seekers. ZipRecruiter is the No. 1 rated job...
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4 Retail Stocks That Can Thrive Post Reopening: Here's Why
Wednesday, April 7, 2021 - 1:23pm | 446Many retail stocks are moving higher as reopening plays after the widespread adoption of the COVID-19 vaccine. UBS is out with some upgrades to some of its best of breed retail stocks that can thrive as reopening trades and after the trend has disappeared. The Retail Analyst: UBS analyst Jay Sole...
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Why Revolve Group's Stock Got An Upgrade
Thursday, March 18, 2021 - 10:39am | 288Revolve Group Inc (NYSE: RVLV) has superior profitability and cash flow generation, better than most e-commerce pure-plays. It also has higher customer engagement and earnings growth than traditional retailers, according to BofA Securities. The Revolve Group Analyst: Lorraine Hutchinson...
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Here's How Much Investing $1,000 In Gap Stock 5 Years Ago Would Be Worth Today
Friday, March 5, 2021 - 9:03am | 570Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the past five years is 116.7%. But there is no question some big-name stocks performed better than others along the way. Gap Struggles: One company that...
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Lululemon Purchases Mirror To Fuel Expansion During Pandemic
Tuesday, June 30, 2020 - 12:23am | 391Lululemon Athletica Inc (NASDAQ: LULU) announced Monday that it would buy Mirror, an at-home-fitness company for $500 million as a part of its growth drive. What Happened Lululemon is known for its yoga wear and sweat pants. CEO Calvin McDonald said, “the acquisition of...
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Tailored Brands Shares Jump Nearly 22% As Company Gives Q1 Update
Thursday, June 11, 2020 - 3:58am | 263The shares of Tailored Brands, Inc. (NYSE: TLRD) jumped in the after-hours session on Wednesday as the company gave a business update for the first quarter. What Happened The men's fashion retailer said net sales fell 60.4% year-on-year to $286.7 million in the quarter ending on May 2, due to...
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Two Retailers Among Top Charts To Watch
Friday, December 6, 2019 - 11:35am | 382Two retailers popping on earnings Thursday are among our top charts to watch. Express, Inc. (NYSE: EXPR) jumped $1.09 to $5 on 6.7 million shares Thursday, more than 4x its average volume. The apparel retailer released third quarter financial results that beat analyst estimates. After a 12-month...
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BofA: 'Sluggish' Outlook From Levi's Is The Takeaway From Q2 Report
Wednesday, July 10, 2019 - 2:06pm | 401Jeans and apparel company Levi Strauss & Co. (NYSE: LEVI) reported a second-quarter beat Tuesday that was overshadowed by a cautious outlook, according to Bank of America Merrill Lynch. The Analyst Heather Balsky maintained a Neutral rating on Levi Strauss with an unchanged $25 price...
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Abercrombie & Fitch To Sell CBD Products At 160 Stores
Thursday, June 27, 2019 - 10:16am | 294Abercrombie & Fitch Co. (NYSE: ANF) will begin selling CBD products at more than 160 stores, the company said in a press release. What Happened Abercrombie initially tested CBD products made by Green Growth Brands Inc (OTC: GGBXF) at 10 stores in May and is ready to expand the relationship...
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KeyBanc Remains Bullish On Oxford Industries Despite Comp Slowdown
Thursday, December 13, 2018 - 1:32pm | 368Oxford Industries Inc (NYSE: OXM), parent company of multiple brand including Tommy Bahama, reported third-quarter results which fell short of management's own guidance, but KeyBanc sees the quarter as a "squall, not a storm." What Happened Oxford Industries said it earned 14 cents...
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Stifel Stays Neutral After Stitch Fix's Q3 Beat
Friday, June 8, 2018 - 9:32am | 470Stitch Fix Inc (NASDAQ: SFIX) reported Thursday afternoon with fiscal third-quarter earnings that beat expectations — but the results weren't compelling enough to turn Stifel bullish on the stock. The Analyst Stifel's Scott Devitt maintains a Hold rating on Stitch Fix's...
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A Reputation Expert's Advice For H&M After Racially Insensitive Clothing Scandal
Thursday, January 11, 2018 - 4:39pm | 711In an age of weaponized social media, when a brand like H&M Hennes & Mauritz AB ADR (OTC: HNNMY) releases an offensive advertisement, the shockwaves are felt around the world. The clothing retailer often demonstrates that it undertakes corporate responsibility activity and works hard to...
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Did Joseph A. Bank Just Choose Eddie Bauer Over Men's Wearhouse?
Friday, February 14, 2014 - 5:18pm | 779Joseph. A. Bank's (NASDAQ: JOSB) seemingly never ending saga with Men's Wearhouse (NYSE: MW) took an interesting turn on Friday. Jos. A. Bank has agreed to acquire Everest Holdings, the parent company of Eddie Bauer, in a cash and stock deal valued at $825 million. Under the terms of the deal...
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American Eagle Raises EPS Estimate
Friday, November 8, 2013 - 4:45pm | 320American Eagle Outfitters (NYSE: AEO) saw its share price jump by 9.57 percent on Wednesday, after raising its third quarter EPS outlook to 19 cents a share. The Q3 EPS beats Thompson Reuters' estimate of a 15 cents a share third quarter EPS. It was definitely better than the Q2 EPS, which came...
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Target Reacts to Underwhelming Canadian Rollout
Thursday, October 31, 2013 - 2:51pm | 591The Toronto Star reported Wednesday that after a self-admitted “underwhelming” rollout in Canada, Target (NYSE: TGT) said it planned to spend the next year trying to change the shopping habits of customers north of the border to more closely match those of its U.S. neighbors. Specifically, what...