Target Corp. is scheduled to report third-quarter earnings on Wednesday before the opening bell, and analysts are bullish about the third quarter and holiday season. But investors may be just as interested in a potential partnership announcement as they are in the retail giant’s quarterly results. Raymond James analysts thinkRead More →
Gildan Gildan was downgraded at Stifel after the profit warning Gildan Activewear Inc. stock plummeted 25.7% in Friday trading after the apparel company issued a profit warning and cut its guidance, but CFRA’s Camilla Yanushevsky says investors aren’t seeing the full picture. It was the biggest percentage decline since DecemberRead More →
Technogym is set to make its foray into streaming-online-fitness classes via digital platforms on its machines — putting the company on a collision course with the popular Peloton Interactive. The Milan-listed athletic-equipment outfit, characterized by some as the Netflix NFLX, +0.87% of fitness, is reinventing itself, in an effort toRead More →
Victoria’s Secret’s market share has sunk to 24% in 2018 from 31.7% in 2013, according to the latest U.S. women’s underwear report from Coresight Research, with digitally native brands gaining appeal among shoppers, particularly young women. Victoria’s Secret is the number one women’s lingerie brand in the U.S., leading aRead More →
Dick’s Sporting Goods Inc.’s fourth-quarter results were dinged by struggles with the Under Armour Inc. brand and the hunting category, according to executives who spoke on the Tuesday earnings call. The sporting goods retailer’s stock plunged 11% in very active trade Tuesday, enough to pace the S&P Mid Cap 400Read More →
