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19-Apr-2020 01:52

Revenue of

Revenue of $1.43 billion was up from $1.39 billion last year and beat the $1.42 billion Fact Set guidance.North American same-store sales rose 1%, below the 4% growth Fact Set forecast; European same-store sales grew 4%, exceeding the 2% Fact Set consensus; and Asian same-store sales were up 5%, ahead of the 4% Fact Set guidance.We thus see incremental sell-in risk for apparel brands, particularly those with high exposure to department stores." Goldman expects growth at PVH's Tommy Hilfiger brand to "fade," thinks Ralph Lauren's wholesale troubles will be amplified by brand challenges at Polo and Lauren, and is worried that growth in Levi's tops business will decline.Levi stock is down 19% over the last three months, Ralph Lauren is down nearly 16%, and PVH is down 32.2%. Although commercial retail rents are down from recent peaks, they haven’t fallen as fast as sales at struggling chains.

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Revenue of $1.43 billion was up from $1.39 billion last year and beat the $1.42 billion Fact Set guidance.

North American same-store sales rose 1%, below the 4% growth Fact Set forecast; European same-store sales grew 4%, exceeding the 2% Fact Set consensus; and Asian same-store sales were up 5%, ahead of the 4% Fact Set guidance.

We thus see incremental sell-in risk for apparel brands, particularly those with high exposure to department stores." Goldman expects growth at PVH's Tommy Hilfiger brand to "fade," thinks Ralph Lauren's wholesale troubles will be amplified by brand challenges at Polo and Lauren, and is worried that growth in Levi's tops business will decline.

.43 billion was up from

Revenue of $1.43 billion was up from $1.39 billion last year and beat the $1.42 billion Fact Set guidance.North American same-store sales rose 1%, below the 4% growth Fact Set forecast; European same-store sales grew 4%, exceeding the 2% Fact Set consensus; and Asian same-store sales were up 5%, ahead of the 4% Fact Set guidance.We thus see incremental sell-in risk for apparel brands, particularly those with high exposure to department stores." Goldman expects growth at PVH's Tommy Hilfiger brand to "fade," thinks Ralph Lauren's wholesale troubles will be amplified by brand challenges at Polo and Lauren, and is worried that growth in Levi's tops business will decline.Levi stock is down 19% over the last three months, Ralph Lauren is down nearly 16%, and PVH is down 32.2%. Although commercial retail rents are down from recent peaks, they haven’t fallen as fast as sales at struggling chains.

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Revenue of $1.43 billion was up from $1.39 billion last year and beat the $1.42 billion Fact Set guidance.

North American same-store sales rose 1%, below the 4% growth Fact Set forecast; European same-store sales grew 4%, exceeding the 2% Fact Set consensus; and Asian same-store sales were up 5%, ahead of the 4% Fact Set guidance.

We thus see incremental sell-in risk for apparel brands, particularly those with high exposure to department stores." Goldman expects growth at PVH's Tommy Hilfiger brand to "fade," thinks Ralph Lauren's wholesale troubles will be amplified by brand challenges at Polo and Lauren, and is worried that growth in Levi's tops business will decline.

.39 billion last year and beat the

Revenue of $1.43 billion was up from $1.39 billion last year and beat the $1.42 billion Fact Set guidance.North American same-store sales rose 1%, below the 4% growth Fact Set forecast; European same-store sales grew 4%, exceeding the 2% Fact Set consensus; and Asian same-store sales were up 5%, ahead of the 4% Fact Set guidance.We thus see incremental sell-in risk for apparel brands, particularly those with high exposure to department stores." Goldman expects growth at PVH's Tommy Hilfiger brand to "fade," thinks Ralph Lauren's wholesale troubles will be amplified by brand challenges at Polo and Lauren, and is worried that growth in Levi's tops business will decline.Levi stock is down 19% over the last three months, Ralph Lauren is down nearly 16%, and PVH is down 32.2%. Although commercial retail rents are down from recent peaks, they haven’t fallen as fast as sales at struggling chains.

||

Revenue of $1.43 billion was up from $1.39 billion last year and beat the $1.42 billion Fact Set guidance.

North American same-store sales rose 1%, below the 4% growth Fact Set forecast; European same-store sales grew 4%, exceeding the 2% Fact Set consensus; and Asian same-store sales were up 5%, ahead of the 4% Fact Set guidance.

We thus see incremental sell-in risk for apparel brands, particularly those with high exposure to department stores." Goldman expects growth at PVH's Tommy Hilfiger brand to "fade," thinks Ralph Lauren's wholesale troubles will be amplified by brand challenges at Polo and Lauren, and is worried that growth in Levi's tops business will decline.

.42 billion Fact Set guidance.

North American same-store sales rose 1%, below the 4% growth Fact Set forecast; European same-store sales grew 4%, exceeding the 2% Fact Set consensus; and Asian same-store sales were up 5%, ahead of the 4% Fact Set guidance.

We thus see incremental sell-in risk for apparel brands, particularly those with high exposure to department stores." Goldman expects growth at PVH's Tommy Hilfiger brand to "fade," thinks Ralph Lauren's wholesale troubles will be amplified by brand challenges at Polo and Lauren, and is worried that growth in Levi's tops business will decline.

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to from because of the headwinds the luxury clothing and lifestyle brand faces, including challenges at department stores and the trade war. will "tighten its inventory" will weigh on Ralph Lauren at a time when the company is revitalizing its brand, analysts said. S., price has benefited from lean inventory and better consumer spending, but traffic remains a challenge, signaling weak brand demand, in our view," Bank of America added, saying that the international business has successfully offset any weakness in U. International has enabled Ralph Lauren to offset sluggish U. sales, but we expect the benefit to wane as Ralph Lauren laps tougher comparisons, especially in Europe. "In our view, the risks for Ralph Lauren are near-term disruption with only a month notice on tariffs, any slowing in consumer spending, and further escalation in the trade war." Bank of America reiterated its underperform stock rating.

Alice in Chain & Korn at Isleta Amphitheater Isleta Amphitheater - Albuquerque I attended this show to see Alice In Chains(AIC).

It was supposed to be a double headlining, but there was no encore for the AIC set, which was a disappointing for me.

Cowen rates Gap stock market perform with a price target. Fiscal first-quarter net income totaled 7.1 million, or

to $76 from $98 because of the headwinds the luxury clothing and lifestyle brand faces, including challenges at department stores and the trade war. will "tighten its inventory" will weigh on Ralph Lauren at a time when the company is revitalizing its brand, analysts said. S., price has benefited from lean inventory and better consumer spending, but traffic remains a challenge, signaling weak brand demand, in our view," Bank of America added, saying that the international business has successfully offset any weakness in U. International has enabled Ralph Lauren to offset sluggish U. sales, but we expect the benefit to wane as Ralph Lauren laps tougher comparisons, especially in Europe. "In our view, the risks for Ralph Lauren are near-term disruption with only a month notice on tariffs, any slowing in consumer spending, and further escalation in the trade war." Bank of America reiterated its underperform stock rating.

Alice in Chain & Korn at Isleta Amphitheater Isleta Amphitheater - Albuquerque I attended this show to see Alice In Chains(AIC).

It was supposed to be a double headlining, but there was no encore for the AIC set, which was a disappointing for me.

Cowen rates Gap stock market perform with a $22 price target. Fiscal first-quarter net income totaled $117.1 million, or $1.47 per share, up from $109.0 million, or $1.31 per share, last year.

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to $76 from $98 because of the headwinds the luxury clothing and lifestyle brand faces, including challenges at department stores and the trade war. will "tighten its inventory" will weigh on Ralph Lauren at a time when the company is revitalizing its brand, analysts said. S., price has benefited from lean inventory and better consumer spending, but traffic remains a challenge, signaling weak brand demand, in our view," Bank of America added, saying that the international business has successfully offset any weakness in U. International has enabled Ralph Lauren to offset sluggish U. sales, but we expect the benefit to wane as Ralph Lauren laps tougher comparisons, especially in Europe. "In our view, the risks for Ralph Lauren are near-term disruption with only a month notice on tariffs, any slowing in consumer spending, and further escalation in the trade war." Bank of America reiterated its underperform stock rating.Alice in Chain & Korn at Isleta Amphitheater Isleta Amphitheater - Albuquerque I attended this show to see Alice In Chains(AIC).It was supposed to be a double headlining, but there was no encore for the AIC set, which was a disappointing for me.Cowen rates Gap stock market perform with a $22 price target. Fiscal first-quarter net income totaled $117.1 million, or $1.47 per share, up from $109.0 million, or $1.31 per share, last year.

.47 per share, up from 9.0 million, or

to $76 from $98 because of the headwinds the luxury clothing and lifestyle brand faces, including challenges at department stores and the trade war. will "tighten its inventory" will weigh on Ralph Lauren at a time when the company is revitalizing its brand, analysts said. S., price has benefited from lean inventory and better consumer spending, but traffic remains a challenge, signaling weak brand demand, in our view," Bank of America added, saying that the international business has successfully offset any weakness in U. International has enabled Ralph Lauren to offset sluggish U. sales, but we expect the benefit to wane as Ralph Lauren laps tougher comparisons, especially in Europe. "In our view, the risks for Ralph Lauren are near-term disruption with only a month notice on tariffs, any slowing in consumer spending, and further escalation in the trade war." Bank of America reiterated its underperform stock rating.

Alice in Chain & Korn at Isleta Amphitheater Isleta Amphitheater - Albuquerque I attended this show to see Alice In Chains(AIC).

It was supposed to be a double headlining, but there was no encore for the AIC set, which was a disappointing for me.

Cowen rates Gap stock market perform with a $22 price target. Fiscal first-quarter net income totaled $117.1 million, or $1.47 per share, up from $109.0 million, or $1.31 per share, last year.

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to $76 from $98 because of the headwinds the luxury clothing and lifestyle brand faces, including challenges at department stores and the trade war. will "tighten its inventory" will weigh on Ralph Lauren at a time when the company is revitalizing its brand, analysts said. S., price has benefited from lean inventory and better consumer spending, but traffic remains a challenge, signaling weak brand demand, in our view," Bank of America added, saying that the international business has successfully offset any weakness in U. International has enabled Ralph Lauren to offset sluggish U. sales, but we expect the benefit to wane as Ralph Lauren laps tougher comparisons, especially in Europe. "In our view, the risks for Ralph Lauren are near-term disruption with only a month notice on tariffs, any slowing in consumer spending, and further escalation in the trade war." Bank of America reiterated its underperform stock rating.Alice in Chain & Korn at Isleta Amphitheater Isleta Amphitheater - Albuquerque I attended this show to see Alice In Chains(AIC).It was supposed to be a double headlining, but there was no encore for the AIC set, which was a disappointing for me.Cowen rates Gap stock market perform with a $22 price target. Fiscal first-quarter net income totaled $117.1 million, or $1.47 per share, up from $109.0 million, or $1.31 per share, last year.

.31 per share, last year.

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Gap discussed its more pressing issues on its earnings call, including traffic issues and product missteps at Old Navy, which will soon be spun off into its own business. Shares are down 4.8% in Friday trading amid a broader slump that's bringing down stock in Nordstrom Inc. Adjusted EPS of

Gap discussed its more pressing issues on its earnings call, including traffic issues and product missteps at Old Navy, which will soon be spun off into its own business. Shares are down 4.8% in Friday trading amid a broader slump that's bringing down stock in Nordstrom Inc. Adjusted EPS of $1.77 was ahead of the $1.66 Fact Set consensus.

"The combination of persistently tough first-half retail trends and an optimistic spring ordering season has driven inventory overhangs at several multibrand retailers," the Goldman note said.

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Gap discussed its more pressing issues on its earnings call, including traffic issues and product missteps at Old Navy, which will soon be spun off into its own business. Shares are down 4.8% in Friday trading amid a broader slump that's bringing down stock in Nordstrom Inc. Adjusted EPS of $1.77 was ahead of the $1.66 Fact Set consensus."The combination of persistently tough first-half retail trends and an optimistic spring ordering season has driven inventory overhangs at several multibrand retailers," the Goldman note said.

.77 was ahead of the

Gap discussed its more pressing issues on its earnings call, including traffic issues and product missteps at Old Navy, which will soon be spun off into its own business. Shares are down 4.8% in Friday trading amid a broader slump that's bringing down stock in Nordstrom Inc. Adjusted EPS of $1.77 was ahead of the $1.66 Fact Set consensus.

"The combination of persistently tough first-half retail trends and an optimistic spring ordering season has driven inventory overhangs at several multibrand retailers," the Goldman note said.

||

Gap discussed its more pressing issues on its earnings call, including traffic issues and product missteps at Old Navy, which will soon be spun off into its own business. Shares are down 4.8% in Friday trading amid a broader slump that's bringing down stock in Nordstrom Inc. Adjusted EPS of $1.77 was ahead of the $1.66 Fact Set consensus."The combination of persistently tough first-half retail trends and an optimistic spring ordering season has driven inventory overhangs at several multibrand retailers," the Goldman note said.

.66 Fact Set consensus.

"The combination of persistently tough first-half retail trends and an optimistic spring ordering season has driven inventory overhangs at several multibrand retailers," the Goldman note said.