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Nike Q3 Earnings Preview: Analyst Says New CEO Can 'Right The Ship,' But It Could Take Longer Than Expected
Wednesday, March 19, 2025 - 1:13pm | 790Athletic apparel and footwear company Nike Inc (NYSE:NKE) could highlight a recent brand partnership, the impactof tariffs and progress under a new CEO when the company reports third-quarter financial results after market close Thursday. Here's a look at analyst estimates for the quarter, what...
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Nike Q1 Earnings Preview: China, North America In Focus, Analyst Says 'Not Much To Get Excited About Yet' With CEO Change
Monday, September 30, 2024 - 5:45pm | 758Apparel company Nike Inc (NYSE:NKE) will report first-quarter financial results Tuesday on the heels of recently naming a new CEO. Shares could be volatile after the earnings report. Earnings Estimates: Analysts expect the company to report first-quarter revenue of $11.64 billion, down from $12.94...
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Joe Terranova Slams Jefferies Lululemon Downgrade: 'I Completely Disagree With The Report'
Monday, July 11, 2022 - 2:53pm | 451Lululemon Athletica Inc (NASDAQ: LULU) was featured as the call of the day Monday on CNBC's "Fast Money Halftime Report." What Happened: Jefferies analyst Randal Konik downgraded Lululemon from Hold to Underperform and lowered the price target to $200 from $...
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Bath & Body Works Parent Company Soars On Strong Q3 Earnings
Thursday, November 19, 2020 - 10:43am | 350While L Brands Inc’s (NYSE: LB) Bath & Body Works has benefited from the pandemic, the performance of Victoria's Secret is “not getting incrementally worse,” according to Jefferies. L Brands reported quarterly earnings of $1.13 per share, which may not compare to the...
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Wall Street Weighs In On Lululemon's Mirror Acquisition
Tuesday, June 30, 2020 - 3:30pm | 687Lululemon Athletica Inc (NASDAQ: LULU) shares gained 5.5% on Tuesday after the company announced a $500 million buyout of in-home fitness company Mirror. Mirror is Lululemon’s first major acquisition, and the deal is expected to close in the second half of the year. New Way To Connect Bank of...
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L Brands Analyst Says Strategic Alternatives Won't Save Stock From Further Downside
Monday, November 25, 2019 - 1:00pm | 501Victoria's Secret and Bath & Body Works' parent company L Brands Inc (NYSE: LB) is reportedly in talks to explore strategic alternatives, but this comes at a time when its core brands are "already broken," according to Jefferies. The Analyst Randal Konik maintained an...
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Jefferies: Yeti Is In The Early Stages Of Global Growth
Friday, March 22, 2019 - 3:48pm | 343One analyst is overwhelmingly bullish on YETI Holdings, Inc. (NYSE: YETI)'s future prospects. The Analyst Jefferies analyst Randal Konik reiterated a Buy rating and raised his price target from $35 to $40. The Thesis After conducting an analysis of search trends and store checks, the Yeti...
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Jefferies: Manchester United Has 'Unparalleled Reach' Among Sports Teams
Monday, December 17, 2018 - 5:40pm | 422Manchester United PLC (NYSE: MANU), arguably the world's most recognizable sports franchise, is a long-term winner, according to Jefferies. The Analyst Jefferies analyst Randal Konik re-assumed coverage of Manchester United with a Buy rating and $26 price target. The Thesis After a four-year...
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Analysis: Click-And-Order Vs. Brick-And-Mortar Retail Strategies
Thursday, December 28, 2017 - 2:00pm | 625Each week, Jefferies issues a report highlighting any key developments from digitally native retailers and any new trends in e-commerce. This week's note focuses on: Wal-Mart Stores Inc (NYSE: WMT)'s personal shopper service. Amazon.com, Inc. (NASDAQ: AMZN)'s free shipping...
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The Urban Outfitters Q3 Print: Jefferies' Likes And Dislikes
Tuesday, November 21, 2017 - 1:12pm | 428Teen apparel retailer Urban Outfitters, Inc. (NASDAQ: URBN) seems to have weathered sector-wide headwinds, as reflected by its strong quarterly report. The company reported third quarter results Monday that showed higher revenues and flat bottom-line results. Comps were up 1 percent and were 2...
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Is Under Armour Getting Its Mojo Back?
Monday, October 9, 2017 - 10:36am | 468Practice makes progress, and Under Armour Inc (NYSE: UAA)’s taking the classic sports mantra to heart. The company’s weekend tease of its Curry 4 shoes demonstrated growth in game planning that could herald continued category wins. “Even against a challenging backdrop, we see...
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Victoria's Secret's Panty Product Performance Goes Negative For First Time Since The Recession
Monday, August 28, 2017 - 4:06pm | 405Analysts at Jefferies discovered an un-sexy trend in L Brands Inc (NYSE: LB) that could hurt the stock. The firm's Randal Konik maintains an Underperform rating on L Brands' stock with an unchanged $30 price target after sales of panties declined for the first time in a "LONG time." During the...
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Jefferies Explains Cautious Nike Thesis
Monday, August 28, 2017 - 7:13am | 336Analysts at Jefferies downgraded their rating on Nike Inc (NYSE: NKE) from Buy to Hold on Aug. 21 under the assumption that the competitive landscape in the athletic footwear business will make incremental share gains and margin expansion "elusive." On Aug. 25, the analyst double-...
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TJX Companies Continues Strength In Midst Of Retail's Rough Patch
Wednesday, August 16, 2017 - 11:29am | 646Reviewing TJX Companies Inc (NYSE: TJX)'s second-quarter results, analysts highlighted the company's continued strength in the midst of retail's rough patch. Jefferies referred to the second quarter print as refreshing, given most retailers are reporting disappointing results...
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After A 20% Surge Post Q2 Earnings, Urban Outfitters' Stock Still Has Plenty Of Upside Ahead
Wednesday, August 16, 2017 - 9:38am | 464Shares of Urban Outfitters, Inc. (NASDAQ: URBN) soared higher by 20 percent and traded above the $20 level for the first time in months after the company reported better-than-expected results in its second-quarter earnings report. Jefferies' Randal Konik maintains a Buy rating on Urban...