Jay Sole

Lululemon Athletica, inc. (NASDAQ: LULU) hosted its analyst day this week, and it brought big announcements from an apparel company that has gained a lot of momentum in recent months.  Arguably, the biggest revelation was the announcement that Lululemon is entering the footwear business. Here...

It's a new era for Burlington Stores Inc (NYSE: BURL) after the retailer announced Wednesday that Thomas Kingsbury, its chairman and CEO for over a decade, will step down later this year. Michael O’Sullivan, formerly president and COO of Ross Stores, Inc. (NASDAQ: ROST), will take...

Kohl's Corporation (NYSE: KSS) announced an expansion of its partnership with Amazon.com, Inc. (NASDAQ: AMZN) across 1,150 stores in the United States. Is the new relationship a "game changer" for Kohl's? The Analysts UBS' Jay Sole maintains a Neutral rating on Kohl's with...

Nike Inc (NYSE: NKE) shares were falling Friday despite reporting a strong third-quarter earnings beat on Thursday. Morgan Stanley Analyst Lauren Cassel said that although expectations are high, Nike remains the firm's top pick and recommends buying the dip, as the apparel maker's direct-to...

Shares of Gap Inc. (NYSE: GPS) surged 20 percent after it announced it will spin off its best performing brand, Old Navy, to shareholders in 2020, leading a few Wall Street analysts to boost their price estimates for the stock. Gap also announced a major restructuring plan that will see the closure...

Under Armour Inc (NYSE: UAA) shares rose after the apparel maker reported a surprise fourth-quarter earnings beat. Still, several Wall Street analysts said in research reports that they're are unconvinced that Under Armour is an attractive buy.  Wedbush Discouraged By Demand,...

High-end fashion retailer Nordstrom, Inc. (NYSE: JWN) cautioned investors Wednesday that sales at its flagship stores fell "below expectations" during the holiday season, necessitating increased promotions to work through excess inventory.  The Analysts UBS' Jay Sole...

The Calvin Klein brand is stronger for PVH Corp (NYSE: PVH) than the market thinks, according to UBS.  The Analyst  UBS analyst Jay Sole upgraded PVH from Neutral to Buy and raised the price target from $145 to $170. The Thesis The market views Calvin Klein’s 325...

Nike Inc (NYSE: NKE) shares are soaring higher in spite of overall market turmoil after reporting a big second-quarter earnings beat after the close Thursday. The world’s largest sportswear company delivered earnings of 52 cents per share, beating estimates by 6 cents. Revenue came in at $9.4...

L Brands Inc (NYSE: LB), the parent company of multiple brands including Victoria's Secret and Bath & Body Works, reported a top- and bottom-line beat in its third-quarter results but also announced a 50-percent reduction in its dividend and named John Mehas as the new CEO of Victoria's...

UBS turned bullish on Michael Kors Holdings Ltd (NYSE: KORS) after a dive into multiple aspects of the luxury fashion company's business.  The Analyst Analyst Jay Sole upgraded Michael Kors Holdings from Neutral to Buy with a price target lifted from $76 to $80. The...

L Brands Inc (NYSE: LB) may have beaten estimates in its second-quarter report Wednesday, but shares are still reeling after the retailer cut its 2018 EPS estimate. The company's flagship Victoria's Secret appears to be stuck in its ways and struggling with a changing fashion consumer...

UBS has initiated coverage on a several apparel retail names. The Analyst Analyst Jay Sole initiated coverage of the following stocks: American Eagle Outfitters (NYSE: AEO): a Buy rating, $33 price target. Gap Inc (NYSE: GPS): Neutral, $33 price target. Michael Kors Holdings Ltd (NYSE: KORS...

UBS took a neutral stance on athleisure retailers in a sectorwide report this week.  The Analyst  Analyst Jay Sole initiated coverage of the following stocks: Foot Locker, Inc. (NYSE: FL): Neutral, $59 price target. Under Armour Inc (NYSE: UAA): Neutral, $24 price target. Lululemon...

The investor perception that "stores are dead" is exaggerated, as the retail segment still needs a physical presence, according to UBS. The Analyst Analyst Jay Sole initiated coverage of multiple stocks in the sector, including the following:  Nordstrom, Inc. (NYSE: JWN)...