Matthew McClintock

Broad strength in the just-ended holiday shopping season got tempered by weakness in specialty apparel, while heavy promotions pressured retailers' margins, an analyst said Wednesday. Gap Inc (NYSE: GPS) and L Brands Inc (NYSE: LB) are slated to post December sales on Thursday. A...

Matthew McClintock of Barclays previewed several retailers that have yet to report earnings. “We believe the upcoming release of third-quarter results for companies in our coverage universe should not be too surprising given recent preannouncements,” McClintock wrote in a note to...

Urban Outfitters, Inc. (NASDAQ: URBN) made its second apology in a month Thursday, this time for falling same-store sales it said will hurt profits in the current quarter. Urban Outfitters fell more than 15 percent Friday to $29.15 per share. The Philadelphia-based company last month issued a...

Barclays initiated coverage of Ann Inc (NYSE: ANN) with an Equal-Weight rating and $42 price target. Analyst Matthew McClintock noted that the company “is primarily an operating margin recovery story, which we believe can reach double digits longer term (vs. 6.8 percent in 2013): The...

The Gap (NYSE: GPS) reported its second quarter results last Thursday after market close. The retailer earned $0.70 per share, a penny better than analysts expected; revenue of $3.98 billion came in $10 million higher than expected. The Gap's total company wide comp sales were flat in the...

Analysts continue to comment on Lululemon Athletica (NASDAQ: LULU) prior to the company's reporting first quarter 2014 results on Thursday, June 12, before the markets open. Following previews by Deutsche Bank and D.A. Davidson & Co., UBS and Barclays analysts commented on results....