-
Express Is Now A 'Show-Me Story,' Says MKM Partners
Thursday, August 25, 2016 - 11:54am | 371Read More...Express, Inc. (NYSE: EXPR) reported disappointing Q2 results while issuing disappointing guidance for H2, with the Q5 guidance indicating a deterioration in trends from Q2. MKM Partners’ Roxanne Meyer maintains a Neutral rating on the company while lowering the price target from $15 to $13....
-
Low Visibility On Impact Of Recent Changes At Victoria's Secret Keeps MKM Neutral On L Brands
Tuesday, August 2, 2016 - 1:19pm | 207Read More...Citing several major changes at Victoria's Secret unit of L Brands Inc (NYSE: LB), MKM Partners said the impact of the changes reduces visibility on the company. Consequently, the firm remains on the sidelines. The firm's softlines retail analyst Roxanne Meyer sees the management...
-
4 Reasons Why TJX 'Stands Out From The Pack'
Wednesday, May 18, 2016 - 3:36pm | 263Read More...According to Roxanne Meyer of MKM Partners, TJX Companies Inc (NYSE: TJX) is a "stand out" within the retailing group and the stock will re-emerge as a "core holding" after the company's first quarter results are fully understood by the market. Meyer offered four reasons...
-
Everyone's Jumping On Ross Stores: What's Changed?
Wednesday, March 2, 2016 - 11:14am | 303Read More...MKM Partners' Roxanne Meyer upgraded the rating on Ross Stores, Inc. (NASDAQ: ROST) from Neutral to Buy, while raising the price target from $52 to $65. Meyer mentioned that the company has now delivered strong comps for two quarters, with industry tailwinds expected to drive continued...
-
Study Shows Lululemon Is Building Momentum; This Pro Is Selling Puts
Monday, December 7, 2015 - 10:31am | 298Read More...Shares of Lululemon Athletica inc (NASDAQ: LULU) have been trending lower in the last three months and are down 25 percent since September 8. MKM Partners’ Roxanne Meyer maintained a Buy rating on the company, with a price target of $69. The company is poised to benefit from the...
-
As Expected, Wall Street Is Excited About Ross Stores
Friday, November 20, 2015 - 12:02pm | 768Read More...Shares of Ross Stores, Inc. (NASDAQ: ROST) have appreciated 6.98 percent year-to-date, although they are currently trading below their 52-week high. The company has reported its Q3 EPS ahead of the consensus, guidance and analysts’ estimates, with in-lien SG&A, while reiterating...
-
The Gap Downgraded At MKM, Stock Has 'One Too Many Cracks'
Friday, October 9, 2015 - 8:23am | 322Read More...Gap Inc (NYSE: GPS) shares have lost 31 percent year-to-date, declining steadily since early-April. MKM Partners’ Roxanne Meyer downgraded the company from Buy to Hold, while reducing the Fair Value estimate from $40 to $29. Meyer mentioned that the company could report severe gross...
-
The Gap Just Lost A Key Executive, But Shouldn't Rattle Investors
Wednesday, September 30, 2015 - 11:11am | 338Read More...Gap, Inc. (NYSE: GPS) shares have declined 33.56 percent, year to date, from the high of $43.60 reached on January 7. Roxanne Meyer of MKM Partners has reiterated a Buy rating on the company, with a price target of $40. Although the departure of the President of Old Navy is likely to...
-
2 Analysts Dissect The Gap's Same-Store Sales
Friday, March 6, 2015 - 12:21pm | 361Read More...Gap Inc (NYSE: GPS) on Thursday reported its February net sales fell 1.2 percent from a year ago to $918 million, while same-store sales fell 4 percent. In a report published Thursday evening, UBS analyst Roxanne Meyer commented on the company's results, noting sales were impacted by...
-
'Labor Day Sale On Abercrombie' After Lower Q2 Sales
Saturday, August 30, 2014 - 2:00pm | 217Read More...Abercrombie & Fitch (NYSE: ANF) shares are off nearly five percent after it posted disappointing second-quarter sales earlier this week and some analysts questioned its prospects. "The number-one fear that prevents investors from owning Abercrombie is concern that the brand is becoming...
-
Aeropostale's Rough Friday: 'Brand Relevancy' At Stake
Friday, August 22, 2014 - 4:40pm | 223Read More...Aeropostale (NYSE: ARO) had a rough day Friday with shares tumbling more than 10 percent on disappointing outlook for the second half. Shares of the troubled teen apparel retailer are down more than 60 percent year to date and Topeka's Dorothy S. Lakner noted it's too soon after the...
-
How To Acquire A Company Stealthily: Sycamore Sneaks Up On Express
Monday, June 16, 2014 - 11:48am | 681Read More...Shares of Express (NYSE: EXPR) traded up as much as 23.62 percent on news of the Sycamore stake and potential acquisition on Friday. Analysts were eager to comment on the news and possibilities for the retailer. Express Confirms Potential Acquisition by Shareholder In a 13-D filing on June 12...
-
Did April Showers Bring Lululemon Earnings Power?
Tuesday, June 10, 2014 - 3:03pm | 396Read More...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....
-
L Brands Shines In Tough Retail Space
Friday, May 23, 2014 - 12:41pm | 432Read More...Analysts are optimistic on L Brands' (NYSE: LB) future following solid first quarter results in a tough retail space. Long-term opportunities reign in the bulls. Summary of First Quarter Results EPS came in at $0.53, a 10 percent increase from 1Q13 results of $0.48. The company reported $...
-
Lululemon Gains In Face of Weak Indexes, Bearish Comments from UBS
Monday, March 24, 2014 - 11:05am | 132Read More...Shares of Lululemon (NASDAQ: LULU) are higher 1.6 percent to $48.42 in the face of weak broader indexes and bearish comments from UBS. Analyst Roxanne Meyer believes selling, general and administrative expenses, as well as product and sourcing issues remain an overhang to the company. The analyst...
