Simeon Siegel

Nike Inc (NYSE: NKE) shares gained 4.3% on Tuesday after the company reported a fiscal third-quarter earnings beat, driven by strong North American demand in an uncertain international market. On Monday, Nike reported third-quarter adjusted EPS of 87 cents on revenue of $10.87 billion. Both numbers...

Here's what four Ulta Beauty (NASDAQ: ULTA) analysts had to say after the beauty retailer's second-quarter print.  The Ulta Beauty Analysts: Raymond James analyst Olivia Tong has an Outperform rating on Ulta and raised the price target from $395 to $460. Wells Fargo analyst...

Nordstrom, Inc. (NYSE: JWN) shares have taken a dive this week after the company reported second-quarter earnings and sales that remain below pre-pandemic levels. On Tuesday, Nordstrom reported second-quarter adjusted EPS of 49 cents on revenue of $3.66 billion. Both numbers exceeded analyst...

Investors were pulling back Wednesday after retailer Urban Outfitters Inc (NASDAQ: URBN) reported second-quarter earnings. Here's what the Street has to say.  The Urban Outfitters Analysts: MKM Partners analyst Roxanne Meyer has a Neutral rating on the stock and raised the price target...

Lululemon Athletica Inc (NASDAQ: LULU) shares traded higher by 3.2% on Friday after the company reported an aggressive rebound in sales and store traffic in the first quarter. Lululemon reported first-quarter adjusted EPS of $1.16 on revenue of $1.23 billion. Both numbers topped consensus analyst...

Shares of L Brands Inc (NYSE: LB) Monday tumbled in after-hours trading on news of Sycamore Partners LLC terminating its agreement to acquire a majority stake in Victoria’s Secret. Once the noise related to the deal dies down, the focus will be on the company’s underlying fundamental...

Nike Inc (NYSE: NKE) announced Tuesday a handful of leadership changes, including a new CFO, COO, and president of consumer and marketplace. According to BMO Managing Director Simeon Siegel, Nike is demonstrating the strength of its management roster. What Happened Despite multiple leadership...

Lululemon Athletica inc. (NASDAQ:LULU) reported a strong first-quarter earnings beat on Wednesday, continuing its stretch as one of the hottest companies in a struggling retail environment. Wall Street had plenty to say about lululemon's continued outperformance. Lululemon shares traded up 1.9...

Shares of Gap Inc. (NYSE: GPS) surged 20 percent after it announced it will spin off its best performing brand, Old Navy, to shareholders in 2020, leading a few Wall Street analysts to boost their price estimates for the stock. Gap also announced a major restructuring plan that will see the closure...

Nomura is moving to the sidelines on Lululemon Athletica inc. (NASDAQ: LULU) and Ulta Beauty Inc (NASDAQ: ULTA). The Analyst Analyst Simeon Siegel downgraded Ulta from Buy to Neutral and raised the price target from $305 to $311. Siegel owngraded Lululemon from Buy to Neutral and...

Nordstrom, Inc. (NYSE: JWN) plunged as much as 15 percent Friday despite reports of a marginal bottom-line beat, better-than-expected gross margins, in-line comps and raised sales guidance. Here's what the analysts are looking at. Inventory Trends Nomura is increasingly concerned with...

Gap Inc (NYSE: GPS) shares are reeling despite the apparel retailer's second-quarter earnings and sales beat Thursday.  Wall Street Weighs In Nomura analyst Simeon Siegel maintained a Neutral rating on Gap with a $32 price target. Credit Suisse analyst Michael Binetti maintained ...

With Urban Outfitters Inc (NASDAQ: URBN) coming off a strong second-quarter earnings beat and record sales, Wall Street analysts came in droves to discuss the retailer's future prospects.  Analyst Ratings: Nomura analyst Simeon Siegel maintained a Neutral rating on Urban Outfitters...

After Acushnet Holdings Corp (NYSE: GOLF) and Signet Jewelers Ltd. (NYSE: SIG) reached Nomura's price targets, the sell-side firm downgraded the retail stocks Tuesday. The Analyst Analyst Simeon Siegel downgraded Acushnet from Buy to Neutral and maintained a $25 price target. The analyst...

L Brands Inc (NYSE: LB) stock traded higher by 4 percent Thursday after the company reported first-quarter earnings. Several Wall Street analysts weighed in on the stock following the report. Here’s a sampling of what they had to say. Voices From The Street Nomura analyst Simeon Siegel said...