Jay Sole

Nike Inc (NYSE:NKE) shares plummeted following bleak revenue numbers and lowered guidance in its fourth-quarter report. Some analysts have soured on the Beaverton, Oregon-based company. Here’s what the Street is saying Friday after the print. The Nike Analysts: The following analysts...

Shares of Victoria's Secret & Co (NYSE: VSCO) tumbled in early trading on Thursday. The company’s growth prospects are limited by a challenging macro environment, according to UBS. The Victoria's Secret Analyst: Jay Sole downgraded the rating for Victoria's Secret from Neutral...

Many 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...

Nordstrom, Inc. (NYSE: JWN) reported third-quarter results that came in better than expected. Despite the stock's 20% gain in Wednesday's session, some analysts aren't convinced the report signals high-end fashion retailer could see better days ahead. Nordstrom reported quarterly...

The market seems overly concerned about Canada Goose Holdings Inc’s (NYSE: GOOS) 54% year-on-year inventory growth in the previous quarter and the impact of COVID-19 on its North America sales, while overlooking its massive potential in China, according to UBS. The Canada Goose Analyst: Jay...

Lululemon Athletica Inc (NASDAQ: LULU) posted a 17% revenue decline in the first quarter Thursday despite 68% e-commerce growth. Earnings of 22 cents per share missed the Street estimate by a penny, while gross margins beat the consensus by more than 100 basis points.  “We come...

Nike Inc (NYSE: NKE) reported fiscal third-quarter results that came in better than expected and prompted a rally in the stock. Here is a summary of how some of the Street's top analysts reacted to the print and management's commentary. 5 Takeaways The five main takeaways from Nike...

High-end department store chain Nordstrom, Inc. (NYSE: JWN) reported a top- and bottom-line miss in its fourth-quarter earnings while management's outlook also fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Nordstrom Analysts...

Nike Inc (NYSE: NKE) said Tuesday it will close around half of its total store fleet in China due to the coronavirus outbreak, while other locations are expected to see lower traffic. UBS analyst Jay Sole said this will have zero impact on the sell-side firm's long-term bullish...

Nike Inc (NYSE: NKE) is in for a long-term run of sales growth that will make it more valuable over the next few years, UBS said Monday. The Nike Analyst UBS analyst Jay Sole upgraded Nike from Neutral to Buy and raised the price target from $103 to $136. The Nike Thesis Sole said he thinks the...

Nike Inc (NYSE: NKE) shares are down on Friday after reporting its second-quarter earnings print, the last release of CEO Mark Parker’s tenure. He has served as CEO since 2006 and will be replaced by John Donahoe next month. Nike reported quarterly earnings of 70 cents per share, which beat...

Gap Inc (NYSE: GPS) investors were dealt multiple blows as the company announced the resignation of CEO Art Peck along with a disappointing third-quarter and full-year guidance update. The Analysts MKM Partners Roxanne Meyer maintains a Neutral rating on Gap's stock with a fair value estimate...

Burlington Stores Inc (NYSE: BURL) is poised to benefit from the impact of tariffs on full-price retails as well as the trend reversal between off-price retailers and department stores that took place in the second quarter, according to UBS. The Analyst UBS analyst Jay Sole upgraded Burlington...

Retail stocks are in for further pain amid late-cycle or recession fears, weaker fundamentals and the tariffs becoming a reality, according to UBS analyst Jay Sole. Investor Confidence at Rock Bottom The analyst said there is very little the companies can say to infuse confidence in investors that...

High-end fashion retailer Nordstrom, Inc. (NYSE: JWN) faces a "deteriorating" outlook after a survey with consumers point to potential market share losses, according to UBS. The Analyst UBS analyst Jay Sole downgraded Nordstrom from Buy to Neutral with a price target lowered from $65 to $...