The Latest Breaking News from Simeon Siegel

The CEO who revived Barbie thinks he can do the same for Gap

Also: All the news and watercooler chat from Fortune.

Fortune · Aug 28

How Katseye and Cardi B are helping Gap Inc re-establish its cool factor

Gap’s sales are improving, but its comeback remains a ‘show-me’ story.

Fortune · Aug 28

Nike brought back a 32-year veteran to save the $60B brand. Its turnaround is still a ‘long, hard slog’

CEO Elliott Hill has started fixing Nike’s business. Winning back the consumers and cultural cachet it lost could be much harder.

Fortune · Aug 26

'Just Don't Do It': Analysts Slash Nike Price Targets Citing Inventory, China Concerns

Footwear and apparel company Nike Inc. (NYSE: NKE) beat Street estimates for revenue and earnings per share in the first quarter, but saw shares fall sharply Thursday after market close. Investors and analysts now have some major concerns after the latest report.

Benzinga · Sep 30, 2022

Nike's Fourth Quarter 'Not As Bad As Feared': Why 3 Analysts Are Lowering Price Targets

Apparel and footwear company Nike Inc. (NYSE: NKE) reported fourth quarter earnings Monday after market close.

Benzinga · Jun 28, 2022

4 Nordstrom Analysts React To Mixed Q1 Earnings: 'We Remain Skeptical'

Nordstrom, Inc. (NYSE: JWN) shares traded higher by 11% on Wednesday after the company reported strong first-quarter sales numbers and raised its full-year guidance.

Benzinga · May 25, 2022

4 Ross Analysts React To Q1 Earnings Miss, Guidance Cut, Execution Missteps

Shares of Ross Stores, Inc. (NASDAQ: ROST) dropped 23.9% on Friday after the company became the latest retail stock to disappoint the market with its first-quarter numbers.

Benzinga · May 20, 2022

Read How Analysts Reacted To This Wood Pellet Grill Maker's Q4 Results

Morgan Stanley analyst John Glass lowered the price target on Traeger Inc (NYSE:COOK) to $10 from $26 and maintained an Equal Weight rating on the shares. The revised price target implies a 31.23% upside. Glass noted grill demand appears to be softening post-COVID to a greater extent than previously expected. Traeger's shares are…

Benzinga · Mar 24, 2022

5 Nike Analysts Praise Q3 Earnings Beat, Booming North American Sales Growth

Nike Inc (NYSE: NKE) shares gained 4.3% on Tuesday after the company reported a fiscal third-quarter earnings beat, driven by strong North American demand in an uncertain international market.

Benzinga · Mar 22, 2022

Read How Analysts Reacted To Gap's Q4 Results

Morgan Stanley analyst Kimberly Greenberger noted Gap Inc's (NYSE:GPS) adjusted EPS loss per share of $(0.02) in Q4 beat expectations. But she finds it "difficult to avoid the conclusion that losing money in what should be one of the most profitable quarters every year suggests fundamentals and execution were gravely challenged." Greenberger thinks…

Benzinga · Mar 4, 2022