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Production Delays In Asia Weighing On Under Armour's Curry 4 Release
Thursday, October 12, 2017 - 3:03pm | 552Read More...The Golden State Warriors are one of the world’s best-known sports franchises. The NBA champions are tapping into their international fan base, particularly in Asia, where the team recently played two exhibition games in Shenzhen and Shanghai China. “Because we’ve got really...
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Analysis: The Michael Kors Turnaround Is Really Happening
Wednesday, September 27, 2017 - 4:07pm | 696Read More...The turnaround at Michael Kors Holdings Ltd (NYSE: KORS) isn't just speculative any more, it's real, Canaccord Genuity said. In response to its assessment, the firm upgraded shares from Hold to Buy and also lifted its price target from $43 to $58. At time of writing, shares of the company were...
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'Panic' May Be Setting In Among Nike Investors
Monday, September 18, 2017 - 2:02pm | 442Read More...Nike Inc (NYSE: NKE) investors’ patience for a turnaround may be starting to wane. “Patience is wearing thin and panic may be setting in,” said Canaccord Genuity analyst Camilo Lyon as he lowered fiscal year 2018 estimates from $2.34 to $2.32. Since 2015's all-time highs, shares...
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Lululemon's Q2: Even If There's A Beat, The Stock Is Still A Sell
Thursday, August 31, 2017 - 2:05pm | 332Read More...One of the remaining notable companies to report their earnings report is Lululemon Athletica inc. (NASDAQ: LULU). The fashion retailer is scheduled to report its earnings after Thursday's market close, and even if the company impresses investors in the quarter, Canaccord Genuity's Camilo Lyon won'...
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Are Foot Locker And Finish Line's Problems All Nike's Fault?
Wednesday, August 30, 2017 - 10:12am | 439Read More...Were Foot Locker, Inc. (NYSE: FL) and Finish Line Inc (NASDAQ: FINL)'s devastating second quarters largely due to Nike Inc (NYSE: NKE)'s fall from grace? Nike's struggles are well noted, and retailers heavily dependent on the brand have been getting crushed lately. Nike accounted for a...
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Foot Locker May Not Gain Traction Until 2018
Tuesday, August 22, 2017 - 8:21am | 331Read More...Prior to Foot Locker, Inc. (NYSE: FL)'s devastating second-quarter report, no analysts held a particularly bearish stance toward the company. That has quickly reversed course, with Canaccord Genuity joining in on the downgrades, lowering its rating from a Buy to a Hold. “At issue is a soft...
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Steve Madden Working On A Deal With Amazon? This Analyst Thinks So
Tuesday, August 15, 2017 - 4:30pm | 591Read More...Canaccord Genuity analyst Camilo Lyon thinks the shoe retailer is working on something big. After meeting with Steven Madden, Ltd. (NASDAQ: SHOO) management, Lyon believes the shoe company is creating a private-label brand for Amazon.com, Inc. (NASDAQ: AMZN), a deal that will compound revenue...
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Analyst: This Should Be Under Armour's 3-Step Plan To Fix Itself
Tuesday, August 1, 2017 - 10:18am | 359Read More...Under Armour Inc (NYSE: UAA)'s earnings report on Tuesday signals to investors that the company is going through a transition phase, Camilo Lyon of Canaccord Genuity said during CNBC's "Squawk Box" segment. Over the past 10 years, Under Armour's growth rate was a standout within the overall retail...
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The Bag With The Swag: Coach Initiated At Buy After 'Game-Changer' Kate Spade Acquisition
Friday, June 30, 2017 - 10:39am | 485Read More...Coach Inc (NYSE: COH)'s "revival" over the past two years has been notable but may be overshadowed by its "game-changer" acquisition of Kate Spade & Co (NYSE: KATE), Canaccord Genuity's Camilo Lyon said in a research report in which he initiates coverage of Coach's stock with a Buy rating and $...
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Wall Street Reacts To Nike's Q3 Results
Wednesday, March 22, 2017 - 2:50pm | 844Read More...Nike Inc's (NYSE: NKE) revenue miss in its third quarter earnings report resulted in a more than 5 percent decline in the stock. As investors sent a clear signal they aren't impressed with the report and the company's outlook, were Wall Street analysts equally as disappointed? Don...
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Canaccord Is 'Cautious' Heading Into Michael Kors' Report
Monday, February 6, 2017 - 10:57am | 370Read More...Canaccord Genuity’s Camilo Lyon maintains a cautious stance on Michael Kors Holdings Ltd (NYSE: KORS) ahead of the company’s fiscal third-quarter results release on February 7, while maintaining a Buy rating on the company and a price target of $45. FQ3 Expectations The analyst expects...
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Finish Line Has 'Few Catalysts,' Canaccord Says In Its Downgrade
Thursday, December 22, 2016 - 10:13am | 281Read More...Finish Line Inc (NASDAQ: FINL) reported disappointing FQ3 results mainly due to a significant decline in soft goods comps. The apparel comp drag is likely to continue through the first half of 2017, and there seem to be few catalysts to drive the company’s shares, Canaccord Genuity’s...
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These 2 Analysts Are Bullish On Under Armour But Disagree Over Nike
Wednesday, December 21, 2016 - 2:17pm | 282Read More...Under Armour Inc (NYSE: UAA) is one of 2016's most beaten up S&P 500 components, but Wall Street analysts aren't ready to throw in the towel on the apparel and footwear maker. Camilo Lyon of Canaccord Genuity was a guest on CNBC's "Squawk Box" segment on Wednesday and was asked if he would pick...
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Lululemon Downgraded To Sell Amid Shift From Athleisure To Denim
Friday, December 2, 2016 - 9:39am | 318Read More...Shares of Lululemon Athletica inc. (NASDAQ: LULU) were down 3 percent in pre-market hours Friday after Canaccord Genuity downgraded the stock to Sell from Hold on stiffening category headwinds. Analyst Camilo Lyon’s downgrade stems from the following three issues: “A tough pant...
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The Bullish And Bearish Points Of Foot Locker's Solid Q3
Monday, November 21, 2016 - 1:28pm | 400Read More...The better-than-expected EPS of Foot Locker, Inc. (NYSE: FL) underscores the company’s broad-based strength in both footwear and apparel and its swiftness in adapting to trend shifts, according to a note from Canaccord Genuity. Rating The brokerage, which reiterated its Buy rating and $79...
















