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Pushed to the brink by the pandemic, Mall REITs entered 2020 on unstable footing following a tsunami of store closings over the past decade, and the forthcoming vaccines may be too-little-too-late. Despite improving rent collection and foot traffic, earnings reports revealed that...
We called for a buy in URBN in May and believe upside remains. The company has swung back to a profit and despite reduced sales, is really doing well in digital. The Q3 report is coming in a few weeks and we want you to watch several key metrics, including comparable sales and the...
Pfizer's announcement early this morning of a 90% efficacy rate for its COVID-19 vaccine in initial testing has investors scrambling. In the Internet retail sector, big early drops are being seen for Wayfair (W) -12.67%, Etsy (ETSY) -12.17%, Overstock.com (OSTK) -11.99%, Chewy ...
Tilly's managed to maintain a healthy gross profit margin. E-commerce sales increased 128% this quarter compared to last year. They are facing increased competition and a lack of uniqueness threatens the company. For further details see: Tilly's: More Competition Is On T...
Urban Outfitters (URBN) announces key changes in management, COO Calvin Hollinger leaves to pursue better opportunities.Frank Conforti, CFO has been promoted to Co-president and COO. Company begins search for his successor as CFO.Press Release For further details see: Urban Outfitt...
PHILADELPHIA, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Richard A. Hayne, Chief Executive Officer of Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands comprised of the Anthropologie, BHLDN, Free People, Free ...
Barclays upgrades the broad retail sector to a Positive rating for the first time in over ten years as it looks beyond the pandemic. "In the wake of COVID, the Retail segment is: 1) reducing supply on multiple levels and 2) forcing store closures as e-commerce growth accelerates. In 2021, we ...
Apparel stocks are rallying after Levi Strauss turned a quarterly profit and outlined how the company plans to recover in 2021. There could also be some enthusiasm over a stimulus checks from the government for consumers after some whiplashing tweets from President Trump set the table. Notabl...
Barclays hikes American Eagle Outfitters (AEO), Foot Locker (FL), Urban Outfitters (URBN) and Gap (GPS) to Overweight ratings after having all four slotted at Equal Weight.The firm sees the four companies "materially benefiting" from a sales recovery and points to fixed-cost leveraging o...
These are slow weeks in earnings where we explore the general trends and themes that we have noted, including a very strong used car market and retail that is doing quite well. A Very Strong Used Car Market There has been a strong desire for people to avoid public transport as the pandemic...
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2024-07-15 04:12:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-25 07:32:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...