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Stitch Fix Misses On Q2 Earnings: Restructuring Details, Guidance Updates, The Plan For 'Return To Growth' And More
Tuesday, March 7, 2023 - 5:40pm | 460Read More...Online fashion company Stitch Fix (NASDAQ: SFIX) reported second-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Stitch Fix reported second-quarter revenue of $412.1 million, a 20% year-over-year decline. The revenue missed a Street estimate of...
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Gap Partners With Walmart On Home Goods: What Investors Should Know
Thursday, May 27, 2021 - 11:03am | 393Read More...A leading clothing retailer is teaming up with one of the world’s largest retailers for a new offering of items in the home segment. What Happened: Gap Inc (NYSE: GPS) is set to become the first fashion retailer to partner with Walmart Inc (NYSE: WMT) in the home space. The two retail...
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Coach's Turnaround Impresses, Macro Concerns Loom Ahead Of Earnings
Monday, January 30, 2017 - 2:45pm | 377Read More...Coach 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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Baird Prefers Carrying Coach Shares Following Handbag Survey
Thursday, October 6, 2016 - 2:55pm | 480Read More...Mark Altschwager of Baird oversees a monthly check of search traffic trends for handbag brands. His latest report for the month of September came in mixed compared to August's check, as his proprietary index rose 320 basis points on a global basis but fell 20 basis points in the United States. Here...
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Kate Spade Back In Style With Analysts
Tuesday, September 13, 2016 - 2:13pm | 526Read More...Shares of Kate Spade & Co (NYSE: KATE) bottomed at $15.10 after the company reported its second-quarter results on August 3, which included a reduction in its full-year fiscal 2016 outlook. Specifically, Kate Spade lowered its earnings per share outlook for the full year to a range of $0.63 to...
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After A Strong Q2 In Retail, Can Investors Find The Matching Trade In Apparel Stocks?
Thursday, August 18, 2016 - 9:51am | 620Read More...Earnings season has certainly been a lot kinder this time around for the retail and fashion sector. Macy's Inc (NYSE: M) reported a top- and bottom-line beat in its earnings, but perhaps more importantly, the company announced it will close 100 stores. The decision to shutter stores was well...
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Retailers Are Awfully Weak This Morning
Wednesday, August 3, 2016 - 9:45am | 394Read More...Another earnings season, another poor performance for retailers. Shares of Kate Spade & Co (NYSE: KATE) were trading lower by nearly 20 percent after the company reported a top and bottom line earnings beat in its second quarter print but slashed its full year fiscal 2016 earnings per share...
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Burberry CEO Takes 75% Pay Cut After Rough Year
Tuesday, June 7, 2016 - 11:51am | 256Read More...The high-end UK-based fashion line Burberry (BURBERRY GROUP ORD GBP0.0005 (OTC: BBRYF) (OTC: BURBY) (LON: BRBY)) had a terrible year, as the company's pretax profit plunged 10 percent to £421 million ($612.41 million). The company's London-listed stock has lost more than 8 percent since the start...
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Management Shuffle At Perry Ellis: Company Names New Chairman Of Board, CEO
Thursday, April 21, 2016 - 1:25pm | 265Read More...Shares of Perry Ellis International, Inc. (NASDAQ: PERY) were trading higher by nearly 1 percent early Thursday afternoon after the company announced several changes to its management team. The company noted that the management change took place in accordance with a prior executive leadership...
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Michael Kors Soars 15% After Q3 Print
Tuesday, February 2, 2016 - 8:26am | 309Read More...Shares of Michael Kors Holdings Ltd (NYSE: KORS) were trading higher by more than 15 percent early Tuesday morning after the company reported its third quarter results. Michael Kors earned $1.59 per share in the third quarter on revenue of $1.4 billion. Wall Street analysts were expecting the...
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Coach Spikes 5% Following Q2 Print, Full-Year Guidance
Tuesday, January 26, 2016 - 9:59am | 307Read More...Shares of Coach Inc (NYSE: COH) were trading higher by more than 5 percent at $31.95 as investors and traders were encouraged by the company's second quarter results and full-year outlook. Coach earned $0.68 per share on revenue of $1.27 billion during the second quarter. Analysts were...
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Vetr Crowd Upgrades Coach To 4.5-Star Stock
Monday, December 28, 2015 - 12:28pm | 154Read More...Shares of Coach Inc (NYSE: COH) have lost more than 13 percent since the start of 2015. Despite the relative under-performance, the Vetr crowd is optimistic in the stock's prospects heading into the new year. The Vetr crowd upgraded Coach's stock rating to 4.5-stars out of a possible 5-stars....
