Kate McShane

Nike Inc (NYSE: NKE) is nearing Citi's bear-case scenario of $46, with shares down 16 percent year-to-date as Brexit has clearly created more uncertainty around the FY17 setup. In the pre-market hours, the shares fell 1.10 percent to $52.50. "At these levels, we think there are investors (based on...

Finish Line Inc (NASDAQ: FINL) is scheduled to report its 1Q results on June 24. Citi’s Kate McShane maintained a Buy rating for the company, with a price target of $23. The analyst expects the company to report EPS of $0.20 and revenue growth of 1.7 percent for the quarter. Citi 1Q...

Citi’s Kate McShane believes Williams-Sonoma, Inc. (NYSE: WSM) represents a robust long-term investment option, “given its portfolio of established brands, well developed e-commerce operations, internally-managed supply chain, & international opportunities.” McShane reiterated...

Vendors and retailers have different strategies to face the competitive threat presented by Amazon.com, Inc. (NASDAQ: AMZN). While some view Amazon as another major point of distribution, others have a limit presence on the platform or have entirely avoided the company’s websites and...

Ralph Lauren Corp (NYSE: RL) hosted its very first investor day on June 7, with the new CEO Stefan Larsson announcing the company’s long-term targets. Citi’s Kate McShane maintains a Buy rating on the company, while raising the price target from $101 to $107. Investor Day During the...

Following the 5 percent sell off in Kate Spade & Co (NYSE: KATE) shares on June 2, Citi’s Kate McShane sees this an attractive entry point into the stock. McShane maintained a Buy rating on the company, with a price target of $33. What Management Said “While the market may...

Ralph Lauren Corp (NYSE: RL) is scheduled to host its first investor day since 2007 on June 7. Citi’s Kate McShane reiterated a Buy rating on the company, with a price target of $101. Investor Day McShane expects Ralph Lauren to formally introduce its new CEO, Stefan Larsson, at the...

Citi's Kate McShane revisited the investment thesis on three Neutral-rated retailers - Costco Wholesale Corporation (NASDAQ: COST), Carter's, Inc. (NYSE: CRI) and Staples, Inc. (NASDAQ: SPLS). Costco: SSS Trends Same-store sales trends continue to be the key point of focus for...

Recent results reported by several department stores companies and other retailers have indicated a tough consumer spending environment ahead. Citi’s Kate McShane commented, however, that a larger share of spending was going to categories outside apparel. She added, “The pockets of...

Citi has upgraded Lowe's Companies, Inc. (NYSE: LOW) to Buy from Neutral, saying that a shift in consumer spending toward home furnishings should benefit the company, which is the second-largest home improvement chain in the United States. Retail Isn't All Apparel "While recent reports from...

Under Armour Inc (NYSE: UA)'s star athlete endorser Steph Curry made history once again by becoming the first unanimous NBA MVP. Under Armour has been on quite a roll of late with Curry’s second consecutive MVP award and Bryce Harper reigning as the MLB’s NL MVP. However, Citi...

Citi analyst Kate McShane recently pitted luxury handbag stocks Kate Spade & Co (NYSE: KATE), Coach Inc (NYSE: COH) and Michael Kors Holdings Ltd (NYSE: KORS) head-to-head-to-head in a 10-round “cage match” to see which stock offers the best opportunity for investors. Here’s a...