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DA Davidson Says The RealReal Will 'Dominate Digital Consignment Space'
Wednesday, December 11, 2019 - 3:57pm | 852Several digital native fashion retailers are worth taking a look at, according to DA Davidson. Analyst John Morris initiated coverage of several fashion retailers Tuesday, including Revolve Group LLC (NYSE: RVLV) with a Neutral rating and $19 price target. “As a digitally...
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DA Davidson Downgrades Canada Goose, Cites Wholesale Channel Concerns
Thursday, November 7, 2019 - 1:40pm | 342One analyst now thinks the bullish case for Canada Goose Holdings Inc (NYSE: GOOS) can longer be applied amid concerns from the wholesale channel, which accounts for around 40% of total sales. The Analyst DA Davidson analyst John Morris downgraded Canada Goose from Buy to Neutral with a price...
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DA Davidson Upgrades Carter's On End-Of-2019 Prospects
Wednesday, October 2, 2019 - 1:01pm | 330Carter's, Inc. (NYSE: CRI) seems better positioned for earnings upside into the Fall and Holiday season, according to DA Davidson. The Analyst DA Davidson’s John Morris upgraded Carter’s from Neutral to Buy while raising the price target from $91 to $110. The Thesis While...
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The Street Mostly Agrees: TJX Stock Is A Bargain
Wednesday, August 21, 2019 - 1:03pm | 689Off-price retailer TJX Companies Inc (NYSE: TJX) reported second-quarter results Tuesday that were notable for EPS at the high end of guidance and comps that fell short of Street estimates. Here's how the Street reacted. The Analysts Bank of America Merrill Lynch analyst...
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DA Davidson: Buy Canada Goose On Tariff Overreaction
Tuesday, August 6, 2019 - 3:52pm | 359The Canada Goose Holdings Inc (NYSE: GOOS) sell-off is overdone, according to one analyst. The Analyst DA Davidson's John Morris maintains a Buy rating and a $42 price target on Canada Goose. The Thesis Morris sees a buying opportunity in Canada Goose in the wake of the U.S.-China trade and...
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Carter's Delivered A Q2 Beat, But Will Face Back-Half Headwinds, DA Davidson Says
Friday, July 26, 2019 - 2:59pm | 322Carter's, Inc. (NYSE: CRI) beat second-quarter EPS expectations by 14 cents but lowered its third-quarter guidance due to the likely reversal of a shift in timing of SG&A expenses and wholesale order upside, according to DA Davidson. The Analyst DA Davidson’s John Morris maintained a...
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Why This Analyst Is Cautious On Lululemon, Carter's
Wednesday, July 10, 2019 - 11:09am | 442DA Davidson is cautious on Lululemon Athletica inc. (NASDAQ: LULU) and Carter’s, Inc. (NYSE: CRI), according to a Tuesday note. The Analyst And Rating: DA Davison's John Morris maintains a Neutral rating on Lululemon and lowered his price target on Lululemon from $180 to $175. Morris...
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Analysts Raving About Lululemon's Big Quarter
Thursday, March 28, 2019 - 2:09pm | 535Lululemon Athletica inc. (NASDAQ: LULU) shares are trading higher after reporting impressive fourth-quarter earnings Wednesday. According to a NPD Consumer panel, the athleisure-brand sold more women’s activewear in the U.S. last quarter than Nike Inc (NYSE: NKE). The Analysts Cowen analyst...
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Canada Goose Analysts React To Q3 Print: Should Investors Buy The Dip?
Friday, February 15, 2019 - 1:03pm | 627Canadian apparel maker Canada Goose Holdings Inc (NYSE: GOOS) reported Thursday morning with fiscal third-quarter results that prompted a sell-off in the stock despite a beat-and-raise print. Here's how the Street reacted. The Analysts TD Securities' Meaghen Annett maintains a...
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Freight Costs, Higher Wages Likely To Weigh On Ross Stores' Margins
Wednesday, November 21, 2018 - 4:40pm | 452Ross Stores, Inc. (NASDAQ: ROST) shares traded lower despite reporting a third-quarter earnings beat Tuesday. The discount retailer reported third-quarter earnings of 91 cents per share, beating estimates by a penny. The company also raised FY18 EPS guidance from $3.92-$4.05 to $4.15-$4.20. Freight...
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Canada Goose Heats Up After Q2 Sales Beat: A Sell-Side Roundup
Thursday, November 15, 2018 - 5:17pm | 685Canada Goose Holdings Inc (NYSE: GOOS) posted a big second-quarter sales beat Wednesday, and shares of the Canadian apparel company are now up over 100 percent year-to-date. BofA: 'Plenty Of Room To Grow' Bank of America analyst Robert Ohmes reiterated a Buy rating on Canada...
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Retail Picks: DA Davidson Bullish On PVH, TJX, Burlington, Canada Goose, Neutral On Lululemon
Saturday, September 29, 2018 - 9:34am | 705D.A. Davidson was out bullish this week on three retail names, while the sell-side firm took a neutral stance on one athleisure retailer that has shown strong growth. Calvin Klein, Tommy Hilfiger Drive Bullish PVH Stance Analyst John Morris initiated coverage of PVH Corp (NYSE: PVH) with...
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For Duluth, Risks May Be Growing Faster Than Earnings
Wednesday, November 1, 2017 - 3:19pm | 349BMO Capital Markets downgraded shares of Duluth Holdings Inc (NASDAQ: DLTH), blaming the action on risks to growth. The firm said the company may experience near-term growing pains, disappointing investors. As such, the firm downgraded shares of the company from Outperform to Market Perform...
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Zumiez Strong Performance More Than A Passing Fad?
Friday, September 8, 2017 - 9:46am | 272Shares of Zumiez Inc. (NASDAQ: ZUMZ) were higher by around 15 percent Friday morning after the retailer's earnings report impressed investors, but didn't necessarily win over the Street. BMO Capital Markets' John Morris maintains a Market Perform rating on Zumiez's stock with an...
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Does Ross Stores Have The Antidote To What Ails Retail?
Friday, May 19, 2017 - 11:18am | 471Powered by 3-percent comps growth and 7-percent sales growth, Ross Stores, Inc. (NASDAQ: ROST) posted a 2.5-percent earnings-per-share beat in Thursday’s first-quarter earnings report. BMO Capital Markets considered the feat “impressive given the larger retail industry malaise.”...