Lorraine Hutchinson

Kohl's Corporation (NYSE: KSS) shares are down 4% on Friday after the company cut its guidance and said inflation is eating into its sales growth. On Thursday, Kohl's reported second-quarter adjusted EPS of $1.11 on $4.09 billion. Both numbers exceeded consensus analyst estimates of $1.30...

Foot Locker, Inc (NYSE: FL) unexpectedly announced the departure of current CEO Richard Johnson and named former Ulta Beauty Inc (NASDAQ: ULTA) CEO Mary Dillon as his replacement, which is a “thesis changing move,” according to BofA Securities. The Foot Locker Analyst: Lorraine...

Shares of Gap Inc (NYSE: GPS) intially dropped more than 5% on Friday after the company reported first-quarter earnings and cut its full-year profit guidance. On Thursday, Gap reported a first-quarter adjusted EPS loss of 44 cents, missing consensus estimates of a 13-cent loss. Gap reported revenue...

Urban Outfitters, Inc. (NYSE: URBN) shares traded higher by 11.6% on Wednesday, despite the company reporting disappointing first-quarter earnings numbers. On Tuesday, Urban Outfitters reported first-quarter adjusted EPS of 33 cents on $1.05 billion in revenue. Both numbers fell short of...

Nordstrom, Inc. (NYSE: JWN) shares traded higher by 11% on Wednesday after the company reported strong first-quarter sales numbers and raised its full-year guidance. On Tuesday, Nordstrom reported a first-quarter adjusted EPS loss of 6 cents, slightly missing consensus analyst estimates of a 5-cent...

Shares of Ross Stores, Inc. (NASDAQ: ROST) dropped 23.9% on Friday after the company became the latest retail stock to disappoint the market with its first-quarter numbers. On Thursday, Ross reported first-quarter adjusted EPS of 97 cents on revenue of $4.33 billion. Both numbers missed consensus...

The year got off to a bumpy start for investors, and the S&P 500 is now down 5.6% year-to-date in 2022. But while investors are growing increasingly concerned about inflation, rising interest rates and supply chain disruptions and geopolitical tension stemming from the war in Ukraine, Bank of...

Nike 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...

Old Navy, which contributes to around 55% of Gap Inc’s (NYSE: GPS) sales, is likely to be “disproportionately hurt” by its exposure to low-income consumers and worsening supply chain disruptions, according to BofA Securities. The Gap Analyst: Lorraine Hutchinson downgraded the...

After a 12% rally on Wednesday, Victoria's Secret & Co (NYSE: VSCO) shares gained another 3% on Thursday morning after the company announced a major share buyback and said holiday-quarter sales have been strong. Following this week’s positive headlines, one Victoria’s Secret...

Nike 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...

Shares of Lululemon Athletica Inc (NASDAQ: LULU) stabilized on Monday after a disappointing performance last week on lackluster guidance for its Mirror at-home fitness device. On Thursday, Lululemon reported third-quarter adjusted EPS of $1.62 on revenue of $1.45 billion. Both numbers topped...

Allbirds Inc.’s (NASDAQ: BIRD) focus on sustainability gives it a “unique competitive moat,” according to BofA Securities. The Allbirds Analyst: Lorraine Hutchinson initiated coverage with a Buy rating and a price target of $23. The Allbirds Thesis: Its innovative product...

Nordstrom, Inc. (NYSE: JWN) shares plunged on Wednesday after the company reported a third-quarter earnings miss driven by rising labor costs. Nordstrom reported third-quarter adjusted EPS of 39 cents, missing analyst estimates of 56 cents. Revenue for the quarter was $3.64 billion, beating analyst...

Supply chain delays could continue to put Foot Locker, Inc’s (NYSE: FL) earnings at risk in the first half of 2022, according to BofA Securities. The Foot Locker Analyst: Lorraine Hutchinson reinstated coverage of Foot Locker with an Underperform rating and a price target of $45. The Foot...