{
GAPACK

Companies

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UBS upgrades retail stocks signaling optimism for softlines sector in 2025

UBS has upgraded Abercrombie & Fitch, Burlington Stores, Boot Barn, and Gildan Activewear to Buy, citing strong growth potential and attractive valuations in the Softlines sector for 2025. The firm anticipates that U.S. tax cuts and deregulation will boost apparel spending, while concerns over tariffs are downplayed. Additionally, Gap and Nordstrom have been upgraded to Neutral, with Gap's CEO recognized for driving change.
Investing.com Australia
United States Dollar Boot Barn Holdings, Inc. Burlington Stores, Inc. GAPACK Abercrombie & Fitch Co. Nordstrom, Inc. Gildan Activewear Inc. USA Richard Dickson Donald Trump Show more
Finance & Economy, Market Report
18:58 10.01.2025

ubs upgrades retail stocks signaling growth potential in softlines sector

UBS has upgraded Abercrombie & Fitch, Burlington Stores, Boot Barn, and Gildan Activewear to Buy, citing strong growth potential and attractive valuations. The firm anticipates that U.S. tax cuts and deregulation will significantly boost apparel spending, while concerns over tariffs are deemed minimal. Additionally, Gap and Nordstrom were upgraded to Neutral, with Gap's CEO recognized for his effective leadership.
Investing.com
United States Dollar Boot Barn Holdings, Inc. Burlington Stores, Inc. GAPACK Abercrombie & Fitch Co. Nordstrom, Inc. Gildan Activewear Inc. USA Richard Dickson Show more
Finance & Economy, Market Report
18:36 10.01.2025

Lululemon Reports Strong International Growth Amid Slowing US Sales

Lululemon's stock surged 8% after reporting a 9% year-over-year sales increase, driven by strong international growth despite a slowdown in U.S. sales. The company expects holiday quarter revenue between $3.48 billion and $3.51 billion, with earnings per share projected at $5.56 to $5.64, surpassing analyst expectations. Amid challenges, including a competitive market and product launch missteps, Lululemon is focusing on profitability and has approved a $1 billion stock buyback program.
CNBC
United States Dollar GAPACK Levi's V.F. Corporation Vuori Lululemon Athletica Inc. Alo Yoga NIKE, Inc. USA CHN CAN Sun Choe Calvin McDonald Show more
Finance & Economy, Market Report
22:19 05.12.2024
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