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These Analysts Loved Target's Q3 Earnings, And Think The Retailer Will Win The Holiday Wars
Thursday, November 21, 2019 - 11:26am | 904Read More...Target Corporation (NYSE: TGT) soared 14% after reporting third-quarter beats on Wednesday. Sales and margin upside drove bottom-line outperformance, and 4.5% comps confirmed traffic strength, apparel strength and market share gains in major categories. Inventories fell 8% year over year, and store...
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Walmart Earnings Praised By Analysts, But Some Question What's Next
Friday, November 15, 2019 - 10:36am | 634Read More...Walmart Inc (NYSE: WMT) reported third-quarter results highlighted by a 41% growth in e-commerce sales, an overall earnings beat but miss on the revenue line. Here is a summary of how some of the top analysts reacted to the print. The Analysts KeyBanc Capital Markets analyst Edward Yruma maintains...
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Art Peck Is Out As Gap's CEO: Here's What Analysts Are Saying
Friday, November 8, 2019 - 5:09pm | 674Read More...Gap 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...
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KeyBanc Downgrades Fossil, Says Expected Turnaround Has Not Manifested
Thursday, November 7, 2019 - 2:43pm | 343Read More...Fossil Group Inc’s (NASDAQ: FOSL) turnaround was expected to be driven by wearable growth and traditional watch stabilization, neither of which have materialized, according to KeyBanc Capital Markets. The Analyst KeyBanc’s Edward Yruma downgraded Fossil Group from Overweight to Sector...
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What The Street Thinks Of Under Armour's Q3 Beat As Accounting Investigation Continues
Wednesday, November 6, 2019 - 12:01pm | 726Read More...Under Armour Inc (NASDAQ: UAA) shares are recovering slightly after suffering a massive drop Monday after the company confirmed it's facing an investigation by the Securities and Exchange Commission and Justice Department into its accounting practices. On Monday, the apparel company reported a...
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'Significant Risk': Under Armour Analysts On Federal Investigation Of Apparel Company's Accounting
Tuesday, November 5, 2019 - 3:48pm | 624Read More...Under Armour Inc (NASDAQ: UAA) reported a solid third-quarter earnings beat Monday, but was any upside was drowned out by the news that the company's accounting is the subject of a probe by the SEC and Justice Department. The sportswear company is being investigated for its revenue-recognition...
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KeyBanc On Wayfair: Powerful Consumer Offering, But Profitability Elusive
Friday, November 1, 2019 - 12:57pm | 305Read More...While Wayfair Inc (NYSE: W) gained significant market share in the third quarter, the sharp slowdown in growth and lack of margin expansion are concerning, according to KeyBanc Capital Markets. The Analyst KeyBanc’s Edward Yruma maintained a Sector Weight rating on Wayfair. The Thesis...
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Nordstrom Enters New York City As Barneys Is Sold
Monday, October 28, 2019 - 10:19am | 549Read More...Nordstrom, Inc.'s (NYSE: JWN) new seven-floor women’s store in New York saw impressive traffic during its first few days in operation, and the company could be a brick-and-mortar retailer with solid long-term prospects, according to KeyBanc Capital Markets. The future of another...
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One-Day Shipping Pain Worth It For Amazon's Long-Term Gain
Friday, October 25, 2019 - 12:35pm | 697Read More...Amazon.com, Inc.'s (NASDAQ: AMZN) stock dropped on Friday after it issued weaker-than-expected guidance for the upcoming holiday season, but analysts remained bullish on the company and its one-day shipping buildout efforts. Amazon's third-quarter results were mixed, with earnings missing...
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Street Debates Whether Investors Should Buy eBay's Stock After Mixed Quarter
Thursday, October 24, 2019 - 3:19pm | 697Read More...eBay Inc (NASDAQ: EBAY) reported mixed third-quarter results Wednesday, while the e-commerce site's fourth-quarter revenue outlook gave a disappointing preview of the important holiday season. Q3 Positives, Negatives The company reported a revenue and EPS beat, but underlying unit...
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KeyBanc On Stitch Fix: Direct Buy Will Be Important Long-Term Growth Driver
Friday, October 4, 2019 - 11:54am | 344Read More...Although Stitch Fix Inc’s (NASDAQ: SFIX) new Direct Buy initiative is still in its nascent stages, it would allow consumers to engage beyond the traditional format and drive incremental sales, according to KeyBanc Capital Markets. The Analyst KeyBanc’s Edward Yruma maintained an...
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KeyBanc Optimistic On Etsy's Long-Term Growth After Meeting CEO
Thursday, October 3, 2019 - 12:23pm | 334Read More...Recent discussion with Etsy Inc (NASDAQ: ETSY) CEO Josh Silverman highlighted the company’s long-term growth opportunity, although there are both tailwinds and headwinds in the near term, according to KeyBanc Capital Markets. The Analyst KeyBanc’s Edward Yruma maintained an...
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Stitch Fix Analysts Trim Price Targets After Q4 Print
Wednesday, October 2, 2019 - 11:37am | 437Read More...Stitch Fix Inc (NASDAQ: SFIX) shares were plummeting Wednesday after the online styling service delivered a fourth-quarter sales miss. KeyBanc A Long-Term Believer Investments in data scientists and the U.K. will drive some near-term profit and loss pressure, but KeyBanc Capital...
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Analysts Cheer Lululemon's Impressive Growth, Innovation Is Still Key
Friday, September 6, 2019 - 12:30pm | 438Read More...Lululemon 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...
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3 Different Views On Nordstrom's Q2
Thursday, August 22, 2019 - 3:30pm | 513Read More...Nordstrom, Inc. (NYSE: JWN) reported second-quarter results, which were interpreted differently by three Street analysts. The Analysts Bank of America analyst Lorraine Hutchinson maintains an Underperform rating on Nordstrom with a price target lowered from $32 to $29. Wedbush analyst Jen Redding...
















