Lorraine Hutchinson

Nike Inc (NYSE: NKE) reported mixed results for the first fiscal quarter of 2022, with earnings ahead of the consensus estimates on revenues that missed expectations, according to BofA Securities. The Nike Analyst: Lorraine Hutchinson reiterated a Neutral rating for Nike with a $160 price target....

Supply chain disruptions are wreaking havoc on the athletic apparel industry, but Bank of America analyst Lorraine Hutchinson said Thursday there could be a silver lining for large-scale apparel companies like Nike Inc (NYSE: NKE) and adidas ADR (OTC: ADDY). Vietnam Shutdowns: The athletic apparel...

Lululemon Athletica Inc (NASDAQ: LULU) shares traded higher by 12.7% on Thursday after the athletic apparel company reported a second-quarter earnings beat and raised its guidance. On Wednesday, Lululemon reported second-quarter adjusted EPS of $1.65 on revenue of $1.45 billion, and both numbers...

The former L Brands has completed its spin-off of Victoria's Secret & Co (NYSE: VSCO) and rebranding as Bath & Body Works Inc. (NYSE: BBWI). On Wednesday, one analyst said both stocks are now solid investments moving forward. The Analyst: Bank of America analyst Lorraine Hutchinson...

Shares of Nike Inc (NYSE: NKE) hit a 52-week high Friday after reporting a strong fourth quarter that beat Street consensus. Here is the reaction from analysts on the key takeaways from the earnings report and if Nike has more room to run. The Nike Analysts: Bank of America analyst Lorraine...

Nordstrom, Inc. (NYSE: JWN) shares fell by nearly 6% Wednesday after the company reported disappointing first-quarter earnings numbers and issued guidance that fell short of Wall Street’s expectations. On Tuesday afternoon, Nordstrom reported a first-quarter EPS loss of $1.05, missing...

Athletic apparel maker Lululemon Athletica Inc (NASDAQ: LULU) reported fourth-quarter results that came in better than expected but were overshadowed by management's outlook of higher investments in 2021. The Lululemon Analysts: Wells Fargo analyst Ike Boruchow maintains a Hold rating on...

Revolve Group Inc (NYSE: RVLV) has superior profitability and cash flow generation, better than most e-commerce pure-plays. It also has higher customer engagement and earnings growth than traditional retailers, according to BofA Securities. The Revolve Group Analyst: Lorraine Hutchinson...

BofA Securities hosted multiple retail executives at its virtual Consumer Conference. Here's what executives from Burlington Stores Inc (NYSE: BURL), Kohl's Corporation (NYSE: KSS), and Macy's Inc (NYSE: M) had to say, according to notes by BofA analyst Lorraine Hutchinson. ...

Shareholders of Kohl's Corporation (NYSE: KSS) stock are poised to benefit from the tug-of-war between the company’s board and an activist investor group, according to BofA Securities. The Kohl's Analyst: Lorraine Hutchinson maintained a Buy rating for Kohl's while raising the...

Department store Kohl's Corporation (NYSE: KSS) said in a recent investor presentation that it expects to fully return to pre-pandemic operating margin levels and this is a bullish signal, according to BofA Securities.  The Kohl's Analyst: Lorraine Hutchinson maintains a Buy...

Lululemon Athletica Inc (NASDAQ: LULU) is among the best growth stories in retail and is expected to be a winner during the COVID-19 pandemic and after it's over, according to BofA Securities. The Lululemon Athletica Analyst: Lorraine Hutchinson reinstated coverage of Lululemon Athletica with a...

Sales at Gap Inc’s (NYSE: GPS) Old Navy brand are likely to return to pre-pandemic levels faster than expected, according to BofA Securities. The Gap Analyst: Lorraine Hutchinson upgraded Gap from Underperform to Neutral and raised the price target from $10 to $18. The Gap Thesis:...

Beauty retailer Ulta Beauty Inc (NASDAQ: ULTA) is "well-positioned" to take advantage of favorable COVID-19-related trends in self-care, value items and a shift to online buying, according to BofA Securities. The Analyst: Lorraine Hutchinson initiated coverage of Ulta Beauty with a...