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UPDATE: Morgan Stanley Calls Coach 'Fading Brand' Amid Downgrade
Thursday, May 1, 2014 - 9:49am | 190Read More...In a report published Thursday, Morgan Stanley analyst Kimberly Greenberger downgraded Coach (NYSE: COH) from Equal-weight to Underweight and announced a $36.00 price target. Greenberger emphasized that Coach is a "fading brand" with brand re-positioning taking three to five years. With management...
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Analysts Respond to Aeropostale's Weak Results
Friday, March 14, 2014 - 4:21pm | 378Read More...Analysts respond to Aeropostale's (NYSE: ARO) disappointing earnings results. Quarterly Earnings Results Net sales for the quarter decreased 16 percent from $797.7 million to $670 million from the previous fourth quarter. Comparable sales decreased 15 percent from the same period a year ago. E-...
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Nordstrom's Quarterly Results: Analysts Calm About Long-Term, But Short-Term Questions Remain
Friday, February 21, 2014 - 5:15pm | 1208Read More...High-end retailer Nordstrom (NYSE: JWN) reported mixed fourth quarter results on Thursday. Revenue of $3.61 billion fell short of the consensus estimate by $110 million, while an EPS of $1.37 was good for $0.03 beat. Profit for the quarter was hurt by a promotional frenzied holiday season...
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Michael Kors' Earnings Impresses Investors And Analysts
Tuesday, February 4, 2014 - 3:55pm | 519Read More...Michael Kors (NYSE: KORS) on Tuesday reported its third quarter results. The company announced an EPS of $1.11, beating the consensus estimate of $0.86. Revenue of $1 billion beat the consensus estimate of $859.4 billion. During the quarter, net income leaped to $229.6 million from $130.0 million...
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Retailers Look to Lure in More Holiday Shoppers with Extended Hours & Discounts
Tuesday, December 17, 2013 - 4:39pm | 606Read More...What may be good news for last-minute Christmas shoppers can also be seen as a sign of alarm from some retailers, who appear to be concerned about both the shortened holiday shopping season this year and word that some consumers have been staying home during the recent bout of winter storms. On...
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Retailers Work to Squeeze in More Sales During Shortened Holiday Season
Friday, November 1, 2013 - 1:06pm | 815Read More...Spurred on by this year's shortened holiday shopping season, a number of major retailers have decided to go straight from Halloween to Christmas, with barely a nod towards Thanksgiving. Reuters reports Wal-Mart Stores (NYSE: WMT) began its online sales promotions on Friday, one month earlier...
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Morgan Stanley Forecasts Soft Holiday Retail Sales
Thursday, October 31, 2013 - 3:53pm | 374Read More...In a report published Thursday, Morgan Stanley analyst Kimberly Greenberger forecasted soft holiday retail sales. Greenberger commented, "We have a cautious outlook on the 2013 Holiday season for three reasons: 1) We continue to believe consumer confidence is unlikely to rebound anytime soon, 2)...
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UPDATE: Morgan Stanley Raises PT on Michael Kors After Channel Checks
Monday, October 14, 2013 - 1:58pm | 204Read More...In a report published Monday, Morgan Stanley analyst Kimberly Greenberger raised estimates on Michael Kors Holding Limited (NYSE: KORS) and raised the PT from $78 to $83 ahead of the quarter based on sales growth and operating margin. Morgan Stanley's web-search analysis indicated that Michael...
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Morgan Stanley Analyst Likes Coach (COH)
Wednesday, October 27, 2010 - 3:00pm | 206Read More...Kimberly Greenberger of Morgan Stanley said on CNBC's Fast Money that the Wall Street analysts are underestimating the impact of China on Coach, Inc. (NYSE: COH). She explained that earnings from China are not reported separately for Coach (COH), and it is very difficult to model the revenue. She...
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Talbots Improves Margin, Citi Approves
Wednesday, June 9, 2010 - 9:24am | 109Read More...Citi analysts Kimberly Greenberger and Nicholas Smith maintained their price target and reiterated a Buy rating for Talbots Inc. (NYSE: TLB) Talbots is an international retailer of women's apparel. Talbots reported a huge 1260 bps gross margin increase. TLB has experienced 11 straight quarters of...
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Citigroup Maintains Buy Rating On Coach, Inc. (COH)
Thursday, May 27, 2010 - 12:06pm | 95Read More...Analysts Kimberly Greenberger and Nicholas J. Smith at Citigroup have released an update on Coach, Inc. (NYSE: COH). Analysts believe that strong sales and margin performance from the third-quarter have continued to date in the fourth-quarter. As a result, Citi’s projected 3%-5% comp and 17%...
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Urban Outfitters, Inc. (URBN) Added To Top Picks Live!
Friday, February 5, 2010 - 4:14pm | 95Read More...Analyst Kimberly Greenberger at Citigroup, Inc. (NYSE: C) has added Urban Outfitters, Inc. (NASDAQ: URBN) to Top Picks Live! The company is a best in class retailer with unrivaled +DD sq. ft. growth, both in domestic and international markets, according to Citigroup. According to Citigroup, the...
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Tiffany & Co. (TIF) To Shine This Year
Thursday, January 7, 2010 - 2:21am | 121Read More...Retail sales data for the holiday season showed a 2.5% growth over the last year. Talking with CNBC, Citi Analyst Kimberly Greenberger stated that Year 2010 is likely to be a good year for luxury retailers as high-end consumers have started to trickle back to the stores. She picked Tiffany (NYSE...
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Citi Analyst Likes TIF, COH, TJX, ROST
Wednesday, January 6, 2010 - 7:27pm | 148Read More...Citi analyst Kimberly Greenberger said on CNBC's Fast Money that she expects a comeback in high-end consumers. She thinks that Tiffany & Co. (NYSE: TIF) and Coach, Inc. (NYSE: COH) should be bought as these stocks have more on the upside. She thinks that they had a good holiday season. Kimberly...
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JCG to Post Over 20% EPS Growth Through 2011
Wednesday, November 25, 2009 - 11:22am | 124Read More...Analyst Kimberly Greenberger of Citi reiterated her “buy” rating for J Crew Group Inc (NYSE: JCG), while raising her estimates for the company. The target price has been raised from $46 to $49. JCG reported Q3 EPS at $0.67, beating the estimates, the consensus and the guidance. Higher-than-expected...
