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Pro: Apparel Companies Among Most Vulnerable To New Tariffs
Friday, August 2, 2019 - 10:14am | 485President Donald Trump's surprise announcement of new tariffs on Chinese goods Thursday represents a "horrible event" for apparel companies, Liz Dunn, the founder and CEO of the retail data firm Pro4ma, told CNBC. ICYMI: New Tariffs The retail sector's fear of new...
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Fossil Drops On Slower Sales; Analysts Fret Over Margins, Contracts
Wednesday, August 13, 2014 - 4:13pm | 383Fossil (NASDAQ: FOSL) fell more than five percent Wednesday on narrowing margins and decelerating sales growth, while analysts fretted over promotions and pending contracts. The manufacturer and retailer of fashion accessories posted a 22 percent decline in profits on 10 percent sales growth...
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UPDATE: Macquarie Upgrades Urban Outfitters
Wednesday, July 2, 2014 - 12:49pm | 142In a research note released Wednesday, Macquarie Research analyst Liz Dunn upgraded Urban Outfitters (NASDAQ: URBN) to Outperform from Neutral and raised its price target from $37.00 to $43.00. The analyst believes the company's brands have continued to grow and sees strong sales momentum...
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Diamonds Are An Investor's Best Friend: Analysts Comment on Tiffany's Dazzling Quarter
Thursday, May 22, 2014 - 4:30pm | 440Analysts are eager to comment on Tiffany & Co. (NYSE: TIF) following the company's report of a strong first quarter, raised guidance and shares hitting a new 52-week high. Summary of Q1 Results The company saw quarterly earnings of $126 million ($0.97 per share), versus profit of $84 million...
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UPDATE: Macquarie Downgrades Abercrombie & Fitch as Weak Sales Trump Expense Opportunity
Monday, October 21, 2013 - 10:52am | 199In a report published Monday, Macquarie Capital analyst Liz Dunn downgraded the rating on Abercrombie & Fitch Co. (NYSE: ANF) from Outperform to Neutral, and lowered the price target from $47.00 to $36.00. In the report, Macquarie Capital noted, “Mall traffic continues to be down and retail...