Page 29 - Jay Sole News Today

Share: Many retail stocks are moving higher as reopening plays after the widespread adoption of the COVID-19 vaccine. UBS is out with some upgrades to some of its best of breed retail stocks that can thrive as reopening trades and after the trend has disappeared. The Retail Analyst: UBS analyst Jay Sole upgraded the following retail stocks from Neutral to Buy. He also said the companies don’t have strong long-term growth priced at the current levels and raised the price targets on all of th...

Analysts at Jefferies parted way with their bullish stance on Coach Inc (NYSE: COH) as there are few catalysts left to support the stock. The firms Randal Konik downgraded Coachs stock rating from Buy to Hold with a price target lowered from $53 to $45, which implies downside to the stock... Read More...

That equates to about 59 square feet of shopping center space per U.S. household, which is slightly less than 62 square feet in 2010, UBS said. But its still well above the 55 square feet of space per household in 2000, and 49 square feet in 1990, analysts Michael Lasser and Jay Sole explained. UBS is estimating that about 80,000 retail stores, which is 9% of total stores, will shut across the country by 2026. That assumes e-commerce sales rise to represent 27% of total retail sales by then, up...

Gildan Activewear Inc (GIL) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Gildan Activewear Inc (NYSE: GIL) Popular Searches Operator Ladies and gentlemen, thank you for standing by, and welcome to the Q4 2020 Gildan Activewear Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker today, Ms. Sophie Argiriou. Thank you. Please go ahead. This article i...

Carters Inc (CRI) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Carters Inc (NYSE: CRI) Popular Searches Operator Good day, and welcome to Carters Fourth Quarter 2020 Earnings Conference Call. On the call today are Mr. Michael Casey, Chairman and Chief Executive Officer; Richard Westenberger, Executive Vice President and Chief Financial Officer; Brian Lynch, President; and Sean McHugh, Vice President and T...

Courtesy of AEO Inc. American Eagle Outfitters has fared relatively well during the pandemic.  Aerie has fueled a lot of the success with its comfortable clothes and positive brand message.  The company has made some key changes to its supply chain, too, and its evaluating its store fleet. The past year has been a tough one for the apparel industry, but American Eagle Outfitters Inc. is standing out from the pack.  As the COVID-19 pandemic has upended the retai...

Operator Greetings, and welcome to the Capri Holdings Limited Third Quarter 2021 Earnings Conference Call. [Operator Instructions] It is now my pleasure to introduce Jennifer Davis, Vice President of Investor Relations. Thank you. You may begin. Jennifer Davis -- Vice President, Investor Relations Good morning, everyone, and thank you for joining us on Capri Holdings Limited third quarter fiscal 2021 conference call. With me this morning are Chairman and Chief Executive Officer, John Idol, and...

Gap’s growth strategy relies on far fewer stores and a higher profile for Athleta MarketWatch 1/23/2021 THE RATINGS GAME Gap Inc. the largest apparel company in the U.S., used its 2020 investor day to lay out a strategy for growth, a plan that will rely heavily on Gap and Banana Republic store closures and the Athleta brand. Even before the Thursday investor day event, Gap had begun the process of shuttering parts of its massive footprint. Now the company says it will close 350 Gap and B...

Crocs is heavily exposed to malls, which consumers have been avoiding. Victor J. Blue/Bloomberg Crocs is rising early Tuesday, a day after the footwear maker provided a very upbeat sales outlook. On Monday, Crocs (ticker: CROX) said it expected fourth-quarter revenue to come in between $407 million and $410 million, well above the $378 million that analysts were expecting. In addition, it sees revenues rising 20% to 25% for 2021, putting them at roughly $1.66 billion to $1.73...

Kohl’s is rising early Monday after an upgrade from UBS, which argued that the department-store chain will be able to compete more effectively because of the industry changes brought about by Covid-19. Analyst Jay Sole raised his rating on Kohl’s (KSS) to Neutral from Sell and nearly tripled his price target to $42 from $15. In a Jan. 11 note, he wrote that the pandemic’s shakeout of the retail landscape allowed the company to win its new partnership with LVMH Moët Hennes...