-
Urban Outfitters Stock Falls On Q2 Earnings: 3 Takes From The Street
Wednesday, August 25, 2021 - 3:01pm | 450Investors were pulling back Wednesday after retailer Urban Outfitters Inc (NASDAQ: URBN) reported second-quarter earnings. Here's what the Street has to say. The Urban Outfitters Analysts: MKM Partners analyst Roxanne Meyer has a Neutral rating on the stock and raised the price target...
-
MKM Partners Bullish On Revolve Group: What Investors Need To Know
Thursday, September 17, 2020 - 3:47pm | 277Online fashion retailer Revolve Group Inc (NYSE: RVLV) has unique core competencies that position it to gain market share in a post-COVID-19 environment, and sales catalysts supporting 20%+ growth, according to MKM Partners. The Revolve Group Analyst: Roxanne Meyer initiated coverage of Revolve...
-
MKM Acknowledges Being Late To The L Brands Party, Upgrades Stock
Tuesday, August 25, 2020 - 2:18pm | 347MKM analysts acknowledged being late to recommend L Brands Inc (NYSE: LB) stock as a prior headwind has now eased. The L Brands Analyst: Roxanne Meyer upgraded L Brands from Neutral to Buy with a price target lifted from $22 to $40. The L Brands Thesis: MKM's prior neutral-stance on...
-
Lululemon Analysts Bullish After Q3 Print Amid High Expectations
Thursday, December 12, 2019 - 12:21pm | 918Lululemon Athletica Inc (NASDAQ: LULU) shares are trading down sharply despite the retailer's third-quarter earnings and sales beat on Wednesday. Here's what Wall Street analysts have to say. Piper Jaffray: Lululemon Loyalty Program Shows Promise Analyst Erinn Murphy...
-
Art Peck Is Out As Gap's CEO: Here's What Analysts Are Saying
Friday, November 8, 2019 - 5:09pm | 674Gap Inc (NYSE: GPS) investors were dealt multiple blows as the company announced the resignation of CEO Art Peck along with a disappointing third-quarter and full-year guidance update. The Analysts MKM Partners Roxanne Meyer maintains a Neutral rating on Gap's stock with a fair value estimate...
-
Analysts Cheer Lululemon's Impressive Growth, Innovation Is Still Key
Friday, September 6, 2019 - 12:30pm | 438Lululemon Athletica Inc. (NASDAQ: LULU) shares traded higher on Friday after the company knocked it out of the park with its second-quarter earnings report. Lululemon reported earnings and revenue above analyst forecasts and said same-store sales growth was up 15% last quarter, beating consensus...
-
The Street's Reaction To Urban Outfitters: From Trade War 'Winner' To 'Bottom Of The Pack'
Wednesday, August 21, 2019 - 3:25pm | 675Urban Outfitters, Inc. (NASDAQ: URBN) reported a second-quarter earnings beat and 5% comp growth at the core Urban Outfitters brand while Free People and Anthropologie comps were up 6% and 3%, respectively. Here is a summary of how some of the Street's top analysts reacted to the print. Wells...
-
The Street Mostly Agrees: TJX Stock Is A Bargain
Wednesday, August 21, 2019 - 1:03pm | 689Off-price retailer TJX Companies Inc (NYSE: TJX) reported second-quarter results Tuesday that were notable for EPS at the high end of guidance and comps that fell short of Street estimates. Here's how the Street reacted. The Analysts Bank of America Merrill Lynch analyst...
-
An Analyst's Q1 Review Of Gap, Express
Tuesday, June 11, 2019 - 3:15pm | 425Gap Inc (NYSE: GPS) and Express, Inc. (NYSE: EXPR) recently reported first-quarter results, which prompted MKM to lower its fair value estimates for both names. The Analyst MKM Partners' Roxanne Meyer maintains a Neutral rating on Gap with a fair value estimate lowered from $33 to $18. The...
-
Wall Street Analysts Explain The Urban Outfitters Earnings Sell-Off
Wednesday, May 22, 2019 - 11:50am | 592Urban Outfitters, Inc. (NASDAQ: URBN) shares dropped more than 7 percent on Wednesday despite the company beating first-quarter earnings and sales expectations. Urban Outfitters reported first-quarter net income of $32.6 million, or 31 cents per share, a 21 percent drop from a year ago. Analysts...
-
Analysts Find No Frays In Tapestry's Quarter
Friday, May 10, 2019 - 1:39pm | 709Tapestry Inc (NYSE: TPR) recorded mixed third-quarter earnings with a 42-cent bottom-line exceeding 41-cent estimates and $1.33 billion in revenue falling short of $1.34 billion forecasts. Analysts were generally bullish on the report. “[The] results reflect the favorable impact of go-forward...
-
MKM Talks L Brands After Swim Collection Launch
Monday, April 1, 2019 - 3:54pm | 371Fashion retailer L Brands Inc (NYSE: LB) re-launched its swimear collection in March after a two-year pause. While only a few weeks have passed since launch, investors may be overestimating the segment's true potential. The Analyst MKM Partners' Roxanne Meyer maintains a Neutral rating on L...
-
Lululemon Analyst Cuts Estimates But Remains Bullish
Monday, March 25, 2019 - 2:49pm | 458MKM Partners' proprietary survey suggests a year of continued momentum for Lululemon Athletica inc. (NASDAQ: LULU), but the research firm said multiple concerns could impact upcoming quarterly results. The Analyst MKM Partners' Roxanne Meyer maintains a Buy rating on Lululemon with an...
-
These Analysts Remain Sidelined On Express
Thursday, March 14, 2019 - 3:10pm | 430Express, Inc. (NYSE: EXPR) on Wednesday reported mixed fourth-quarter results and while management's first-quarter guidance came in short of expectations. The Analyst Wedbush's Jen Redding maintains a Neutral rating on Express with a price target lowered from $6 to $5. MKM Partners'...
-
Analysts Cheer Old Navy Split, But Gap Still Has Some Work To Do
Friday, March 1, 2019 - 4:00pm | 782Shares of Gap Inc. (NYSE: GPS) surged 20 percent after it announced it will spin off its best performing brand, Old Navy, to shareholders in 2020, leading a few Wall Street analysts to boost their price estimates for the stock. Gap also announced a major restructuring plan that will see the closure...