Lorraine Hutchinson

Shares of VF Corp (NYSE:VFC) were trading lower on Thursday, after the company reported weak results for its fiscal fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities On VF Corp Analyst Lorraine Hutchinson maintained an...

Shares of Birkenstock Holding PLC (NYSE: BIRK) climbed more than 6% last week, after the IPO in mid-October. Here’s a look at analysts who recently initiated coverage of the stock. Telsey Advisory Group analyst Dana Telsey initiated coverage with an Outperform rating and a price target of $...

Macy's Inc (NYSE: M) shares traded lower by 7.5% on Monday morning after the company preannounced disappointing holiday quarter sales numbers over the weekend. Unfortunately, one analyst said Monday that the difficult environment for Macy's is unlikely to improve in the first half of 2023....

Nike Inc (NYSE: NKE) shares rallied Wednesday morning after the company reported shrinking margins but said inventory levels have improved slightly on a quarterly basis. Nike reported fiscal second-quarter adjusted EPS of 85 cents on revenue of $13.32 billion. Both numbers missed consensus analyst...

Athletic apparel company Lululemon Athletica (NASDAQ: LULU) reported third-quarter financial results Thursday after market close. Analysts are updating their takes on the company after the earnings report and guidance for the fourth quarter. The Lululemon Analysts: Bank of America analyst Lorraine...

Shares of Nordstrom Inc (NYSE: JWN) were nosediving Wednesday, after the retailer reported its quarterly results. BofA Securities On Nordstrom Analyst Lorraine Hutchinson maintained an Underperform rating and $15 price target. “While 3Q earnings beat our estimate on slightly better...

Lululemon Athletica (NASDAQ: LULU) reported second-quarter financial results after the market closed Thursday. Here’s what analysts are saying about the apparel and footwear company. The Analysts: Bank of America analyst Lorraine Hutchinson has a Buy rating and a price target of $400....

Shares of Foot Locker, Inc. (NYSE: FL) climbed on Friday, after the company reported better-than-expected earnings for the second quarter and announced that former CEO of Ulta Beauty Inc (NASDAQ: ULTA) Mary N. Dillon will replace its current CEO, effective September 1, 2022. Guggenheim Securities...

Kohl's Corporation (NYSE: KSS) shares are down 4% on Friday after the company cut its guidance and said inflation is eating into its sales growth. On Thursday, Kohl's reported second-quarter adjusted EPS of $1.11 on $4.09 billion. Both numbers exceeded consensus analyst estimates of $1.30...

Foot Locker, Inc (NYSE: FL) unexpectedly announced the departure of current CEO Richard Johnson and named former Ulta Beauty Inc (NASDAQ: ULTA) CEO Mary Dillon as his replacement, which is a “thesis changing move,” according to BofA Securities. The Foot Locker Analyst: Lorraine...

Shares of Gap Inc (NYSE: GPS) intially dropped more than 5% on Friday after the company reported first-quarter earnings and cut its full-year profit guidance. On Thursday, Gap reported a first-quarter adjusted EPS loss of 44 cents, missing consensus estimates of a 13-cent loss. Gap reported revenue...

Urban Outfitters, Inc. (NYSE: URBN) shares traded higher by 11.6% on Wednesday, despite the company reporting disappointing first-quarter earnings numbers. On Tuesday, Urban Outfitters reported first-quarter adjusted EPS of 33 cents on $1.05 billion in revenue. Both numbers fell short of...

Nordstrom, Inc. (NYSE: JWN) shares traded higher by 11% on Wednesday after the company reported strong first-quarter sales numbers and raised its full-year guidance. On Tuesday, Nordstrom reported a first-quarter adjusted EPS loss of 6 cents, slightly missing consensus analyst estimates of a 5-cent...

Shares of Ross Stores, Inc. (NASDAQ: ROST) dropped 23.9% on Friday after the company became the latest retail stock to disappoint the market with its first-quarter numbers. On Thursday, Ross reported first-quarter adjusted EPS of 97 cents on revenue of $4.33 billion. Both numbers missed consensus...

The year got off to a bumpy start for investors, and the S&P 500 is now down 5.6% year-to-date in 2022. But while investors are growing increasingly concerned about inflation, rising interest rates and supply chain disruptions and geopolitical tension stemming from the war in Ukraine, Bank of...