Kate McShane

Ralph Lauren Corp (NYSE: RL) traded near a 52-week low Thursday after the company missed fiscal third-quarter expectations and cut its outlook. The apparel wholesaler and retailer changed hands recently at $141.82, up 1.5 percent. The shares are down more than 16 percent since Wednesday. The...

Staples, Inc. (NASDAQ: SPLS) is unlikely to acquire Office Depot Inc (NASDAQ: ODP) because of antitrust concerns, an analyst said Friday. Both stocks were gaining on news Thursday that activist investor Starboard Value acquired a 5.1 percent stake in Staples and boosted its stake in Office...

Best Buy Co Inc (NYSE: BBY) was a "clear winner" on Black Friday, benefiting from a recent uptick in consumer electronics demand and a strong selection of TVs, laptops, and tablet deals, an analyst said Monday. Citigroup's Kate McShane also singled out Williams-Sonoma, Inc. (NYSE...

Kate McShane of Citigroup spent Thanksgiving weekend visiting specialty athletic, footwear and apparel retailers and concluded that athletic apparel and footwear are likely to emerge as the "clear winner" throughout the Holiday shopping season. McShane observed that inventories were...

Columbia Sportswear Company's (NASDAQ: COLM) low debt, moderate price and potential margin expansion make it a candidate for a leveraged buyout, according to Citi's Kate McShane. Moreover, sales growth and cost controls could drive Columbia's margins to their widest spread since...

In a report published Wednesday, Citigroup analyst Kate McShane reiterated a Buy rating on The Home Depot, Inc. (NYSE: HD), and raised the price target from $95.00 to $110.00. In the report, Citigroup noted, “Today's weakness in HD's shares presents a more attractive buying opportunity as the...

Kate McShane of Citigroup previewed the apparel and footwear segment ahead of the 2014 holiday shopping season and named Dicks Sporting Goods Inc (NYSE: DKS) and Foot Locker, Inc. (NYSE: FL) as top picks. "Although we are still seeing mixed results from our companies from September and...

Mattress Firm (NASDAQ: MFRM) bounced three percent Wednesday after a Citigroup analyst raised her target on the company 7.5 percent. Kate McShane boosted her target price from $53.00 to $57.00, citing an improving industry outlook driven by high-end mattress innovations. Same-store sales for...

Most analysts Friday applauded the outlook for Nike (NYSE: NKE), which earlier offered guidance and a fourth-quarter upside earnings beat. Nike posted earnings of $0.78 per share on revenue of $7.4 billion after the bell Thursday, beating estimates by $0.03. Perhaps the upside surprise wasn...

Nike (NYSE: NKE) fourth quarter earnings are scheduled to be released on June 26, 2014. Citi published a preview for Nike's Q4 2014 performance by reiterating a Buy rating and calculating an expected $0.77 earnings per share. Citi analyst Kate McShane cited the reiteration was based on global...

In a report published Tuesday, Citigroup analyst Kate McShane reiterated a Buy rating on Ralph Lauren (NYSE: RL), but lowered the price target from $180.00 to $178.00. In the report, Citigroup noted, “We conducted our 2nd survey of department store retailers across the US in partnership with...

In a report published Friday, Citigroup analyst Kate McShane reiterated a Neutral rating on Iconix Brand (NASDAQ: ICON), and raised the price target from $40.00 to $41.00. In the report, Citigroup noted, “Updating model for Q4 results. Target price updated to reflect updated EPS estimates post-Q4...

In a report published Wednesday, Citigroup analyst Kate McShane reiterated a Buy rating on PVH Corp. (NYSE: PVH), and raised the price target from $142.00 to $154.00. In the report, Citigroup noted, “We reiterate our Buy following PVH's solid Q3 beat and continued momentum into the rest of the...