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Farfetch Has Vast Opportunity In Luxury E-Commerce, KeyBanc Says In Bullish Initiation
Wednesday, June 12, 2019 - 2:50pm | 372Read More...Farfetch Ltd (NYSE: FTCH) should be able to sustain over 30% GMV growth in the medium term, given the company’s leading position in the underpenetrated luxury e-commerce market, according to KeyBanc Capital Markets. The Analyst Edward Yruma initiated coverage of Farfetch with an Overweight...
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Apollo Global Acquires Shutterfly: 2 Analyst Takes
Tuesday, June 11, 2019 - 9:25am | 473Read More...Shutterfly, Inc. (NASDAQ: SFLY) confirmed Monday it reached an agreement to sell itself to an affiliate of Apollo Global Management for $51 per share in cash. The deal represents a premium of 31 percent from Shutterfly's April 23 closing price — the last trading day before media...
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Wall Street Positive On Stitch Fix Amid Tough Apparel Retail Backdrop
Thursday, June 6, 2019 - 2:35pm | 467Read More...Stitch Fix Inc (NASDAQ: SFIX) shares were surging one day after reporting a surprise third-quarter earnings beat. Here's what two analysts had to say after the print. KeyBanc Capital Markets Stitch Fix’s results were impressive on an absolute basis, but were even more...
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Analysts Like Target's Strong Comps, Interested In Move To Omnichannel Business
Thursday, May 23, 2019 - 1:08pm | 691Read More...Target Corporation (NYSE: TGT)'s strong sales numbers have the sell-side bullish, with particular interest in the legacy retailer’s addition of digital order fulfillment to its apparent strengths. Target beat analysts' estimates on both earnings and sales in its first quarter report...
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Wall Street Reacts To Nordstrom's Disappointing Q1: 'We See The Turnaround As Likely Paused For Now'
Wednesday, May 22, 2019 - 2:35pm | 538Read More...Nordstrom, Inc. (NYSE: JWN) are still reeling after the retailer reported a disappointing first-quarter report Tuesday. Here's what the sell-side has to say. Bank Of America Merrill Lynch The company’s sales drop is worse than expected and was exacerbated by execution missteps...
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Wall Street Analysts Explain The Urban Outfitters Earnings Sell-Off
Wednesday, May 22, 2019 - 11:50am | 592Read More...Urban 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...
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Analysts React To Walmart's Q1 Earnings
Friday, May 17, 2019 - 2:05pm | 590Read More...Retail behemoth Walmart Inc (NYSE: WMT) reported first-quarter results highlighted by a big earnings beat, a 3.4 percent U.S. comp growth and 37 percent e-commerce growth. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Raymond James' Budd...
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Analysts Find No Frays In Tapestry's Quarter
Friday, May 10, 2019 - 1:39pm | 709Read More...Tapestry 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...
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Fossil's Q1 Beat Elicits Mixed Analyst Reactions
Thursday, May 9, 2019 - 2:34pm | 552Read More...Fossil Group Inc (NASDAQ: FOSL) shares were surging Thursday after the watchmaker beat consensus estimates in its first-quarter report. The loss per share of 42 cents beat the estimate for a 60-cent loss, and sales of $465 million outperformed a $456.1-million forecast. Experts...
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Etsy Analysts Mostly Positive Despite Slight Q1 Revenue Miss
Thursday, May 9, 2019 - 1:53pm | 675Read More...Etsy, Inc. (NASDAQ: ETSY) shares were dropping Thursday after the e-commerce company fell short of first-quarter revenue estimates. But analysts chose to focus on the company’s earnings beat and higher company expectations for gross merchandise sales and revenue growth, with several...
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Under Armour Analysts React To Fifth Beat-And-Raise Quarter; Footwear Growth Finally A Bright Spot
Saturday, May 4, 2019 - 4:06pm | 708Read More...The sentiment of Under Armour Inc (NYSE: UAA) analysts is beginning to shift after the retailer reported a much-needed first quarter sales beat Thursday. KeyBanc Capital Markets The first-quarter print points to continued momentum in Under Armour's turnaround, analyst...
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Wayfair Shares Drop On Q1 Loss, Higher Costs; Analysts Debate Company's Spending
Friday, May 3, 2019 - 2:50pm | 577Read More...Wayfair Inc (NYSE: W) shares continued to fall Friday after reporting a bigger-than-expected first-quarter loss. Sell-side analysts remain mostly cautious on the still-unprofitable e-commerce company, saying heavy spending is a near-term headwind, though several still like the company in...
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Wall Street Raves About Lululemon's Analyst Day
Saturday, April 27, 2019 - 11:39am | 803Read More...Lululemon Athletica, inc. (NASDAQ: LULU) hosted its analyst day this week, and it brought big announcements from an apparel company that has gained a lot of momentum in recent months. Arguably, the biggest revelation was the announcement that Lululemon is entering the footwear business. Here...
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Analysts React To Amazon's Q1: Everyone Remains A Bull
Friday, April 26, 2019 - 11:55am | 1222Read More...Amazon.com, Inc. (NASDAQ: AMZN) reported a notable beat on the profit line in its first-quarter results, although management's operating profit outlook for the second quarter fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The...
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KeyBanc: Amazon's New Stylist Initiative Shows 'Intensification' Of Apparel Efforts
Monday, April 15, 2019 - 2:47pm | 419Read More...Amazon.com, Inc. (NASDAQ: AMZN)'s new service of offering women customers a curated set of clothing and accessory options represents an "intensification" of the e-commerce company's apparel push, according to KeyBanc Capital Markets. The Analyst Edward Yruma maintains an...
















