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US Q4 in brief: Ross Stores, Kate Spade & Co, Dollar Tree, Crocs, Foot Locker
2016-02-11 10:44:00| Daily apparel & textile news and comment - from just-style.com
In the most recent fourth-quarter filings from US apparel brands and retailers, L Brands, Skechers and Columbia Sportswear published record sales growth and higher earnings, while Macy's and Dollar Tree saw sales trends improve, despite what it says was a "challenging year". Kate Spade & Co posted a mixed performance, while Ross Stores posted a better-than-expected performance. Kohl's said it will close 18 stores after reporting a 20% decline in profit, and both Crocs and JC Penney saw their losses widen.
Kate Spade & Co (NASDAQ:KATE) Given Consensus Rating of "Buy" by Brokerages
2016-01-18 22:57:09| Apparel - Topix.net
Kate Spade & Co has been assigned a consensus rating of "Buy" from the twenty-three brokerages that are covering the stock, Marketbeat reports . Seven research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company.
Wedbush Reiterates Overweight Rating for Kate Spade & Co
2015-12-29 11:43:09| Apparel - Topix.net
's stock had its "overweight" rating reissued by equities researchers at Wedbush in a research note issued to investors on Tuesday, Market Beat Ratings reports. They presently have a $32.00 target price on the stock.
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Kate Spade Is Poised For A Dramatic Turnaround
2015-12-05 00:59:41| Apparel - Topix.net
Kate Spade & Co , formerly known as Fifth & Pacific Companies Inc. is a retailer that operates a number of premium brands. The most notable of which include: Kate Spade, Juicy Couture and Lucky Brand Jeans.
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In a shifting handbag landscape, Kate Spade is in style
2015-11-07 18:15:46| Apparel - Topix.net
The company's better-than-expected third-quarter earnings are being attributed to a keen focus on the brand-the company has discontinued labels in order to devote its energies to the flagship brand-and strategic expansion into popular areas like "athleisure." Not only do the moves make good style sense, it makes good business sense, particularly at a time when shoppers are spending less on handbags.
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