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Lululemon Shares Are Getting Flexed, But Analysts Are Still Bullish
Friday, December 7, 2018 - 3:26pm | 601Lululemon Athletica inc. (NASDAQ: LULU) delivered yet another impressive earnings report Thursday, but shares are getting pummeled. The Canadian-based athletic apparel brand delivered third-quarter adjusted earnings of 75 cents per share, beating estimates by 5 cents. Sales came in at $748 million...
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Freight Costs, Higher Wages Likely To Weigh On Ross Stores' Margins
Wednesday, November 21, 2018 - 4:40pm | 452Ross Stores, Inc. (NASDAQ: ROST) shares traded lower despite reporting a third-quarter earnings beat Tuesday. The discount retailer reported third-quarter earnings of 91 cents per share, beating estimates by a penny. The company also raised FY18 EPS guidance from $3.92-$4.05 to $4.15-$4.20. Freight...
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What To Make Of L Brands' Q3, Leadership Change, Dividend Reduction
Tuesday, November 20, 2018 - 4:20pm | 681L Brands Inc (NYSE: LB), the parent company of multiple brands including Victoria's Secret and Bath & Body Works, reported a top- and bottom-line beat in its third-quarter results but also announced a 50-percent reduction in its dividend and named John Mehas as the new CEO of Victoria's...
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The Street Remains Mixed On Urban Outfitters
Tuesday, November 20, 2018 - 2:11pm | 731Urban Outfitters, Inc. (NASDAQ: URBN), the parent company of Anthropologie, BHLDN, Free People, Terrain and the namesake Urban Outfitters, on Monday reported a top- and bottom-line beat in its third-quarter earnings. Here is a summary of how some of the Street's top analysts reacted to the...
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MKM Names Lululemon Its Top Pick For 2018
Friday, December 15, 2017 - 1:11pm | 480Lululemon Athletica inc. (NASDAQ: LULU) is is building momentum into 2018, according to MKM Partners. The Analyst MKM Partners analyst Roxanne Meyer maintained a Buy on shares of Lululemon athletica and upped the price target from $81 to $89. Lululemon was also named MKM's top pick...
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Dressed To Kill Or Going Out In Style? Analysts Mixed On Ailing Urban Outfitters' Q2 Beat
Wednesday, August 16, 2017 - 11:18am | 506Is Urban Outfitters, Inc. (NASDAQ: URBN), once the epitome of hipster chic, in danger of falling completely out of fashion? “Fade away or here to stay?” wondered MKM Partners analyst Roxanne Meyer, who rated the kitschy clothier a Sell with a price target of $16. Shares were trading at...
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Analysts Respond To Lululemon's Q4 Beat, Weak Outlook
Thursday, March 30, 2017 - 2:00pm | 848Shares of Lululemon Athletica inc. (NASDAQ: LULU) were trading lower by more than 20 percent early Thursday morning in reaction to the company's fourth-quarter earnings report, which came in better than expected. However, the company's first-quarter revenue guidance of $510 million to $515 million...
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MKM On Lululemon: 'Expect Recovery, Buy On Weakness'
Thursday, March 30, 2017 - 9:16am | 374Lululemon Athletica inc. (NASDAQ: LULU) reported strong fourth-quarter results, but announced disappointing guidance for the first quarter. The issues hurting the company appear to be “self-inflicted” and a recovery is likely in the near term, MKM Partners’ Roxanne Meyer said in a...
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Express Could Turn Into A Self-Help Story In Second Half Of 2017
Thursday, March 9, 2017 - 9:48am | 373Although there is low visibility in the near term, MKM Partners’ Roxanne Meyer believes there could be opportunity for Express, Inc. (NYSE: EXPR) to become a “self-help story." The analyst maintains a Neutral rating on the company, while lowering the price target from $11 to $10...
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The Risks To Urban Outfitters In 2017
Wednesday, March 8, 2017 - 11:04am | 288Urban Outfitters, Inc. (NASDAQ: URBN) reported Q4 EPS at $0.55, missing the Street estimate of $0.56, due to lower gross margins. Sales and margins at Anthropologie could “deteriorate meaningfully” in 2017, while there is risk at Urban Outfitters, MKM Partners’ Roxanne Meyer said...
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Analyst: Expect Sluggish Sales, Lower Margins From Urban Outfitters
Monday, February 27, 2017 - 11:52am | 388MKM Partner expects sales and margins to deteriorate meaningfully in 2017 at Urban Outfitters, Inc. (NASDAQ: URBN)’s Anthropologie unit as it downgraded the stock to Sell. The brokerage even sees margin risk at Urban Outfitters as it laps reductions in markdowns and key brands widen...
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The Gap Delivers December Sales Upside Surprise
Friday, January 6, 2017 - 11:18am | 555Gap Inc (NYSE: GPS), the global retailer that sells clothing, accessories and personal care products across the Gap, Banana Republic, Old Navy, Athleta and Intermix brands, reported on Thursday its sales metrics for the November and December 2016 holiday season. Net sales for the five-week period...
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Urban Outfitters Turn At Anthropologie Is 'Stalled'
Wednesday, November 23, 2016 - 11:02am | 289Urban Outfitters, Inc. (NASDAQ: URBN) reported disappointing Q3 results, with a marked decline in comp and margin at Anthropologie. “With low visibility as to when trends will stabilize in apparel and ultimately improve, we remain on the sidelines,” MKM Partners’ Roxanne Meyer...
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September Comps, Improving Margins And Q3 Promotions From The Gap, L Brands And More
Monday, October 10, 2016 - 2:08pm | 493Analyzing the September sales results of soft-line retailers, MKM Partners said it believes better margins likely drove performance in the third quarter. The firm believes that the industry is largely in good shape based on Gap Inc (NYSE: GPS)'s September showing and its weekly checks. Reduced...
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MKM Upgrades Burlington To Buy, Sees 'Sizable Opportunity For Earnings Upside'
Friday, August 26, 2016 - 12:04pm | 364MKM Partners’ Roxanne Meyer believes there is a “sizable opportunity” for Burlington Stores Inc (NYSE: BURL) to deliver earnings upside from multiple levers. Meyer upgraded the rating for the company from Neutral to Buy while raising the price target from $73 to $94. Multiple...