-
Nike's Fourth Quarter 'Not As Bad As Feared': Why 3 Analysts Are Lowering Price Targets
Tuesday, June 28, 2022 - 11:02am | 544Apparel and footwear company Nike Inc. (NYSE: NKE) reported fourth quarter earnings Monday after market close. Analysts size up the company’s revenue and eps beats with a cautious approach given gross margin and China business concerns. The Nike Analysts: Wells Fargo analyst Kate Fitzsimons...
-
5 Nike Analysts Praise Q3 Earnings Beat, Booming North American Sales Growth
Tuesday, March 22, 2022 - 1:13pm | 593Nike Inc (NYSE: NKE) shares gained 4.3% on Tuesday after the company reported a fiscal third-quarter earnings beat, driven by strong North American demand in an uncertain international market. On Monday, Nike reported third-quarter adjusted EPS of 87 cents on revenue of $10.87 billion. Both numbers...
-
Nike Stock Jumps After Q2 Earnings: Analysts React To Booming North American Market
Tuesday, December 21, 2021 - 3:40pm | 676Nike Inc (NYSE: NKE) shares rallied Tuesday after the company reported a fiscal second-quarter earnings beat on Monday and said North American sneaker sales are booming. Nike reported second-quarter adjusted EPS of 83 cents on revenue of $11.36 billion. Both numbers topped consensus analyst...
-
Why RBC Is Bullish On Nike, Cautious On Under Armour
Thursday, November 12, 2020 - 11:30am | 425RBC Capital Markets analysts initiated coverage of Nike Inc (NYSE: NKE) with a bullish rating while the research firm is more cautious on smaller rival Under Armour Inc (NYSE: UAA). The Analyst: Kate Fitzsimons initiated coverage of Nike's stock with an Outperform rating and $145 price target....
-
6 Lululemon Analysts On Q1 Performance, Coronavirus Strategy
Friday, June 12, 2020 - 12:34pm | 842Lululemon 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...
-
Ralph Lauren Patches Itself Up Faster Than Expected, RBC Upgrades
Thursday, May 9, 2019 - 12:39pm | 315Ralph Lauren Corp (NYSE: RL) is up 18 percent in 2019, but one analyst still sees room for recovery. The Rating RBC Capital Markets analyst Kate Fitzsimons upgraded Ralph Lauren to Outperform and raised her price target from $135 to $145. The Thesis Ralph Lauren has returned to growth a year ahead...
-
Is Abercrombie & Fitch Back In Fashion With The Street?
Thursday, March 7, 2019 - 1:24pm | 576Abercrombie & Fitch Co. (NYSE: ANF) reported fourth-quarter results that sent the stock soaring on Wednesday. The parent company of Hollister and Abercrombie stores reported a top-and-bottom line beat and better than expected comps. The Analysts Wedbush's Jen Redding maintains a Neutral...
-
American Eagle's Mixed Quarter: Analysts Speak Up
Thursday, March 7, 2019 - 11:21am | 526American Eagle Outfitters (NYSE: AEO) reported better-than-expected fourth-quarter earnings, but the stock fell after fourth-quarter revenue and first-quarter profit guidance missing consensus expectations. Fourth-quarter earnings of 43 cents per share were down 17.3 percent from a year ago,...
-
Is Urban Outfitters In Fashion With The Street After Strong Q4?
Wednesday, March 6, 2019 - 2:26pm | 515Retailer Urban Outfitters, Inc. (NASDAQ: URBN) reported fourth-quarter results, highlighted by a beat on the earnings line and slight miss on the revenue line. Here is a summary of how some of the Street's top analysts reacted to the print. RBC: Solid But Slow Q4 Urban Outfitters reported a...
-
RBC On Gap: Too Soon To Call A Bottom
Tuesday, May 10, 2016 - 4:09pm | 398RBC Capital Markets analysts Brian Tunick and Kate Fitzsimons said Gap Inc (NYSE: GPS) shares dropped more than 12 percent as traffic volatility has kept the issue "on defense." While the analyst said it is too soon to call a bottom, the brokerage maintains its Sector Perform rating, with a reduced...