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What To Listen For In Michael Kors' Upcoming Quarterly Conference Call
Monday, February 6, 2017 - 1:25pm | 384“Expectations have clearly come down for Michael Kors Holdings Ltd (NYSE: KORS)'s fiscal third-quarter print, given nearly across-the-board disappointing holiday results from brands and retailers,” Deutsche Bank’s Dave Weiner said in a note, while maintaining a Buy rating on the...
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Coach's Turnaround Impresses, Macro Concerns Loom Ahead Of Earnings
Monday, January 30, 2017 - 2:45pm | 377Coach Inc (NYSE: COH) is scheduled to report its fiscal second quarter results after Tuesday's close and there is plenty of data points to look out for. According to Dave Weiner of Deutsche Bank, Coach's stock has remained relatively flat since its fiscal first quarter report. Since...
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Nike Shares Rebound As Basketball Segment Bounces Back To Growth
Wednesday, December 21, 2016 - 11:58am | 270Nike Inc (NYSE: NKE) reported better than expected FQ2 results, with both revenue and SG&S beating the consensus expectations, and in line gross margin. Deutsche Bank’s Dave Weiner maintained a Buy rating on the company, with a price target of $65. Weiner mentioned that “North...
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Deutsche Bank Is Near-Term Cautious On Nike
Monday, December 19, 2016 - 12:02pm | 209Dave Weiner of Deutsche Bank is cautious near term on Nike Inc (NYSE: NKE) ahead of its second-quarter print on Tuesday, given slower-than-expected innovation, heavy discounting by retailers and a strong U.S. dollar. A Look Ahead For the second quarter, Weiner sees $0.43 EPS on $8.070 billion in...
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Are Lululemon Management's Expectations Too High?
Tuesday, December 6, 2016 - 10:40am | 337Lululemon Athletica inc. (NASDAQ: LULU) shares have declined 25 percent since the company reported its Q2 results, with investor concerns related not only to the Q3 results but also the potential for disappointing Q4 guidance. Deutsche Bank’s Dave Weiner maintains a Hold rating on the company...
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3 Questions Facing Michael Kors Ahead Of Q2 Earnings
Monday, November 7, 2016 - 2:33pm | 419Michael Kors Holdings Ltd (NYSE: KORS) is set to report its second quarter financial results on November 10 and Deutsche Bank laid out three questions related to tourism headwind, Europe and technology ahead of the Thursday’s print. Deutsche Bank expects EPS of $0.86 on revenue of $1.085...
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Deutsche Bank Lays Out Some Expectations For Perry Ellis' Q2 Results
Wednesday, August 17, 2016 - 3:11pm | 352According to Dave Weiner of Deutsche Bank, Perry Ellis International, Inc. (NASDAQ: PERY) reported first-quarter results that "stood out" as it surpassed expectations. However, several department stores have already reported stronger-than-expected results in the second quarter (scheduled August 18...
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Ahead Of Ralph Lauren's Q1 Results, A Hold Rating Fits Deutsche Bank Comfortably
Monday, August 8, 2016 - 4:23pm | 364Deutsche Bank retained its Hold rating on the shares of Ralph Lauren Corp (NYSE: RL) ahead of the company's first-quarter results on August 10. For the first quarter, Deutsche Bank expects $0.91 EPS on $1.536 billion in revenue (-5.0 percent year-over-year), while consensus forecast calls for an...
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Deutsche On Michael Kors' Q2: It's All About The Comps
Monday, August 8, 2016 - 2:06pm | 392Kate Spade & Co (NYSE: KATE)'s stock was hammered last week after the company reported a disappointing second-quarter earnings print. Up next to report earnings in the fashion and accessory space is Michael Kors Holdings Ltd (NYSE: KORS), as the company is scheduled to report its first-quarter...
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Michael Kors Valuation 'Continues To Lend Support,' Deutsche Bank Maintains Buy
Thursday, June 2, 2016 - 5:28pm | 215Michael Kors Holdings Ltd (NYSE: KORS) reported fourth quarter results above the Street’s consensus on Wednesday. However, Deutsche Bank analysts Dave Weiner and Sindhu Chitturi noted the underlying plan for the ongoing year seemed weak, as management anticipated a return to negative comps...
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Did Deutsche Bank Just Call The Bottom In Michael Kors Shares?
Monday, February 1, 2016 - 4:55pm | 484With Michael Kors Holdings Ltd (NYSE: KORS) set to report earnings on Tuesday, February 2, before the opening bell, a handful of sell-side analysts have recently been out with 3Q expectation previews. One analyst at Deutsche Bank, Dave Weiner, seemed to lean toward calling a bottom in the stock....
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Deutsche Bank's Mall Checks Suggests An 'Underwhelming Holiday Start'
Monday, November 30, 2015 - 1:42pm | 436Dave Weiner of Deutsche Bank commented in a note that his 250+ store-specific data points between Thursday and Sunday revealed an "underwhelming" start to the holiday shopping season. Weiner noted his checks ‘don't add a lot of confidence' for the overall broad retail...
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Deutsche Bank's Bullish Thesis On Nike
Wednesday, September 23, 2015 - 3:41pm | 356Ahead of Nike Inc (NYSE: NKE)’s first-quarter (fiscal 2016) earnings call, scheduled for Thursday afternoon, analysts at Deutsche Bank reiterated a Buy rating and $125 price target on the stock. They noted that, although the stock is already up roughly 20 percent year-to-date, they still see...
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Nike Is Dominating China Despite The Country's Economic Problems
Wednesday, September 16, 2015 - 8:38am | 298The share price of Nike Inc. (NYSE: NKE) has risen 17.51 percent year-to-date. Deutsche Bank’s Dave Weiner has maintained a Buy rating on Nike, while raising the price target from $120 to $125. Weiner believes that the company would benefit from its exposure to China, despite the...
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Guidance 'Much More' Important Than Earnings For Under Armour, Deutsche Bank Says
Tuesday, July 21, 2015 - 9:39am | 240In a report published Tuesday, Deutsche Bank analyst Dave Weiner reiterated a Buy rating and price target of $93 on Under Armour Inc (NYSE: UA). The analyst expects upside to the Q2 expectations, along with continuing brand momentum in 2H. However, analyst Weiner asserted that investors are...