How A Sleepy Southern Chain Became One Of The Pandemic’s Top Performing Stocks
The secretive clan behind the Dillard’s department store chain has a reputation for avoiding reporters, refusing to hold earnings calls and dodging investor queries about their results. So low-profile and seemingly unambitious with respect to their peers, they are sometimes called “the Dullards.” But there is nothing dull about the family fortune, which is suddenly…
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Stitch Fix Needs a ‘Make It Work’ Moment
Stitch Fix is about as polarizing to investors right now as low rise jeans are to consumers. The online styling company reported solid earnings Tuesday for the period ended Oct. 30, with revenue and adjusted earnings before interest, taxes, depreciation and amortization coming in above Wall Street’s estimates. But active clients of just 4.18 million…
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Lululemon’s reduced markdowns should lead to earnings meet or beat – Baird
Lululemon (LULU+3.6%) is tapped by Baird to meet or exceed FQ3 earnings as the firm tracked sales and markdown trends at the athleisure retailer. Further, data research company M Science estimates that FQ3 revenue grew at 32% Y/Y vs consensus of 28% growth.“We are reassured that LULU can deliver FQ3 results at least in line…
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Chart talk: Cruise line stocks look for smooth sailing to restore balance sheet damage
The cruise line sector has taken a battering over the last four weeks after the emergence of the Omicron COVID variant pushed back the timeline once again on when operators can sail at 100% capacity.M Science updates on trends on the cruise line sector. Analyst Michael Erstad and team note that Q4 cumulative bookings through…
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Macy’s is tipped by M Science to top estimates
M Science lifts estimates on Macy’s (M+0.7%) after noting strengthening trends in Q3 on a rebound in October driven by both online and brick and mortar.Analyst Matthew Jacob points to Kids’ and juniors’ products share increasing for Macy’s indicating a strong back-to-school season. In addition, Macy’s (NYSE:M) market spend share is also noted to be…
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This Department Store’s 420% Stock Surge Is Fueled by Supply-Chain Management
Dillard’s Inc., the 83-year-old department store, has soared 417% this year, and it’s thanks in part to its ability to manage a global supply chain snafu amid a jump in customer demand. Dillard’s gained as much as 23% on Thursday to a record $364.08 after quarterly results blew estimates out of the water. The company’s…
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