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Hot Stocks
Kohl's to add Land's End to stores this fall, including 150 shop in shops  09:19
05/19/20
05/19
09:19
05/19/20
09:19
KSS

Kohl's

$18.86 /

+1.32 (+7.53%)

, LE

Land's End

$6.13 /

+0.1 (+1.66%)

 
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LE Land's End
$6.13 /

+0.1 (+1.66%)

KSS Kohl's
$18.86 /

+1.32 (+7.53%)

KSS Kohl's
$18.86 /

+1.32 (+7.53%)

05/07/20 Deutsche Bank
Kohl's price target lowered to $26 from $45 at Deutsche Bank
04/27/20 Guggenheim
Kohl's price target lowered to $25 from $50 at Guggenheim
03/27/20 Cleveland Research
Kohl's downgraded at Cleveland Research, says March-to-date comps down 50%
03/27/20 Cleveland Research
Kohl's downgraded to Underperform from Neutral at Cleveland Research
LE Land's End
$6.13 /

+0.1 (+1.66%)

03/16/20 Craig-Hallum
Land's End downgraded to Hold at Craig-Hallum
03/16/20 Craig-Hallum
Land's End downgraded to Hold from Buy at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy after 'strong' quarter at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy from Hold at Craig-Hallum
LE Land's End
$6.13 /

+0.1 (+1.66%)

KSS Kohl's
$18.86 /

+1.32 (+7.53%)

LE Land's End
$6.13 /

+0.1 (+1.66%)

KSS Kohl's
$18.86 /

+1.32 (+7.53%)

LE Land's End
$6.13 /

+0.1 (+1.66%)

KSS Kohl's
$18.86 /

+1.32 (+7.53%)

LE Land's End
$6.13 /

+0.1 (+1.66%)

KSS Kohl's
$18.86 /

+1.32 (+7.53%)

Hot Stocks
J. Crew files for bankruptcy; Madewell to remain part of J.Crew » 06:11
05/04/20
05/04
06:11
05/04/20
06:11
JWN

Nordstrom

$17.63 /

-1.11 (-5.92%)

, AEO

American Eagle

$7.75 /

-0.2 (-2.52%)

, GPS

Gap

$7.84 /

-0.255 (-3.15%)

, LE

Land's End

$7.87 /

-0.64 (-7.52%)

J.Crew Group announced it…

J.Crew Group announced it has reached an agreement with its lenders holding approximately 71% of its Term Loan and approximately 78% of its IPCo Notes, as well as with its financial sponsors, under which the Company will restructure its debt and deleverage its balance sheet, positioning J.Crew and Madewell for long-term success. Under the terms of the Transaction Support Agreement, the Company's lenders will convert approximately $1.65 billion of the Company's debt into equity. To facilitate the restructuring contemplated by the TSA, the parent company of J.Crew Group, Inc., Chinos Holdings, Inc. and certain affiliates, have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Eastern District of Virginia. The Company has secured commitments for a debtor-in-possession financing facility of $400 million and committed exit financing provided by existing lenders Anchorage Capital Group, L.L.C., GSO Capital Partners and Davidson Kempner Capital Management LP, among others. Subject to Court approval, the DIP financing, combined with the Company's projected cash flows, is expected to support its operations during the restructuring process. As part of the TSA, Madewell will remain part of J.Crew Group, Inc. Libby Wadle will continue in her role as CEO of Madewell. "This agreement with our lenders represents a critical milestone in the ongoing process to transform our business with the goal of driving long-term, sustainable growth for J.Crew and further enhancing Madewell's growth momentum," said Jan Singer, CEO, J.Crew Group. "Throughout this process, we will continue to provide our customers with the exceptional merchandise and service they expect from us, and we will continue all day-to-day operations, albeit under these extraordinary COVID-19-related circumstances. As we look to reopen our stores as quickly and safely as possible, this comprehensive financial restructuring should enable our business and brands to thrive for years to come." The Company has filed a series of customary "first day" motions with the Bankruptcy Court seeking to maintain its operations during the restructuring process to help facilitate a smooth transition into Chapter 11. Others in the space include Nordstrom (JWN), American Eagle Outfitters (AEO), Gap (GPS) and Lands' End (LE).

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JWN Nordstrom
$17.63 /

-1.11 (-5.92%)

04/30/20 Wedbush
Nordstrom price target lowered to $20 from $36 at Wedbush
03/27/20 Cleveland Research
Nordstrom downgraded at Cleveland Research, says QTD net sales have slowed
03/27/20 Cleveland Research
Nordstrom downgraded to Underperform from Neutral at Cleveland Research
03/04/20 Barclays
Nordstrom downgraded to Underweight on secular pressure at Barclays
AEO American Eagle
$7.75 /

-0.2 (-2.52%)

04/23/20 Wedbush
American Eagle price target lowered to $10 from $14 at Wedbush
04/15/20
Loop Capital cuts American Eagle to Sell on COVID-19 disruption
04/15/20 Loop Capital
American Eagle downgraded to Sell from Hold at Loop Capital
04/01/20
Fly Intel: Top five analyst initiations
GPS Gap
$7.84 /

-0.255 (-3.15%)

04/27/20 Barclays
Gap price target lowered to $5 from $10 at Barclays
04/24/20 RBC Capital
Gap price target lowered to $8 from $14 at RBC Capital
04/23/20
Fly Intel: Top five analyst upgrades
04/23/20 Morgan Stanley
Morgan Stanley upgrades Gap to Equal Weight following 60% decline
LE Land's End
$7.87 /

-0.64 (-7.52%)

03/16/20 Craig-Hallum
Land's End downgraded to Hold at Craig-Hallum
03/16/20 Craig-Hallum
Land's End downgraded to Hold from Buy at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy after 'strong' quarter at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy from Hold at Craig-Hallum
Periodicals
J. Crew preparing for potential bankruptcy filing, CNBC reports » 06:12
05/01/20
05/01
06:12
05/01/20
06:12
JWN

Nordstrom

$18.74 /

-1.62 (-7.96%)

, AEO

American Eagle

$7.95 /

-0.46 (-5.47%)

, GPS

Gap

$8.09 /

-0.955 (-10.56%)

, LE

Land's End

$8.51 /

-0.37 (-4.17%)

J. Crew Group is…

J. Crew Group is preparing for a bankruptcy filing that could come as soon as this weekend, CNBC's Lauren Hirsch reports, citing people familiar with the matter. The company is working to secure $400M in financing to fund operations in bankruptcy, the report adds, cautioning that timing could still slip, and plans are not yet finalized. Others in the space include Nordstrom (JWN), American Eagle Outfitters (AEO), Gap (GPS) and Lands' End (LE). Reference Link

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JWN Nordstrom
$18.74 /

-1.62 (-7.96%)

04/30/20 Wedbush
Nordstrom price target lowered to $20 from $36 at Wedbush
03/27/20 Cleveland Research
Nordstrom downgraded at Cleveland Research, says QTD net sales have slowed
03/27/20 Cleveland Research
Nordstrom downgraded to Underperform from Neutral at Cleveland Research
03/04/20 Barclays
Nordstrom downgraded to Underweight on secular pressure at Barclays
AEO American Eagle
$7.95 /

-0.46 (-5.47%)

04/23/20 Wedbush
American Eagle price target lowered to $10 from $14 at Wedbush
04/15/20
Loop Capital cuts American Eagle to Sell on COVID-19 disruption
04/15/20 Loop Capital
American Eagle downgraded to Sell from Hold at Loop Capital
04/01/20
Fly Intel: Top five analyst initiations
GPS Gap
$8.09 /

-0.955 (-10.56%)

04/27/20 Barclays
Gap price target lowered to $5 from $10 at Barclays
04/24/20 RBC Capital
Gap price target lowered to $8 from $14 at RBC Capital
04/23/20
Fly Intel: Top five analyst upgrades
04/23/20 Morgan Stanley
Morgan Stanley upgrades Gap to Equal Weight following 60% decline
LE Land's End
$8.51 /

-0.37 (-4.17%)

03/16/20 Craig-Hallum
Land's End downgraded to Hold at Craig-Hallum
03/16/20 Craig-Hallum
Land's End downgraded to Hold from Buy at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy after 'strong' quarter at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy from Hold at Craig-Hallum
Over a month ago
Conference/Events
Land's End participates in a conference call with Jefferies » 10:40
04/16/20
04/16
10:40
04/16/20
10:40
LE

Land's End

$6.70 /

-0.13 (-1.90%)

Retail Analyst Konik…

Retail Analyst Konik holds a conference call with President & CEO Griffith and CFO Gooch on April 16 at 11 am hosted by Jefferies.

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LE Land's End
$6.70 /

-0.13 (-1.90%)

03/16/20 Craig-Hallum
Land's End downgraded to Hold at Craig-Hallum
03/16/20 Craig-Hallum
Land's End downgraded to Hold from Buy at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy after 'strong' quarter at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy from Hold at Craig-Hallum
Conference/Events
Land's End participates in a conference call with Jefferies » 09:36
04/16/20
04/16
09:36
04/16/20
09:36
LE

Land's End

$6.83 /

+0.19 (+2.86%)

Retail Analyst Konik…

Retail Analyst Konik holds a conference call with President & CEO Griffith and CFO Gooch on April 16 at 11 am hosted by Jefferies.

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LE Land's End
$6.83 /

+0.19 (+2.86%)

03/16/20 Craig-Hallum
Land's End downgraded to Hold at Craig-Hallum
03/16/20 Craig-Hallum
Land's End downgraded to Hold from Buy at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy after 'strong' quarter at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy from Hold at Craig-Hallum
Conference/Events
Land's End participates in a conference call hosted by Craig Hallum » 04:55
04/09/20
04/09
04:55
04/09/20
04:55
LE

Land's End

$5.66 /

+0.39 (+7.40%)

Conference call with…

Conference call with management to be held on April 9 hosted by Craig Hallum.

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LE Land's End
$5.66 /

+0.39 (+7.40%)

03/16/20 Craig-Hallum
Land's End downgraded to Hold at Craig-Hallum
03/16/20 Craig-Hallum
Land's End downgraded to Hold from Buy at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy after 'strong' quarter at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy from Hold at Craig-Hallum
Hot Stocks
Land's End says Wisconsin-based distribution centers remain operational » 12:05
04/06/20
04/06
12:05
04/06/20
12:05
LE

Land's End

$4.64 /

+0.49 (+11.81%)

The Company's…

The Company's Wisconsin-based distribution centers remain operational, and employees in this area are receiving a temporary increase in pay for all hours worked. In the interest of the safety of employees, the Company has made modifications to days of operation, and is maintaining six feet of space between employees. Lands' End continues to follow guidance from public health officials and government agencies, including the Centers for Disease Control and Prevention and the World Health Organization, and is regularly performing deep cleaning and disinfecting processes. Other cost reduction actions include: Temporarily reducing base salaries. As previously announced, CEO Jerome Griffith's base salary has been reduced by 50%, the base salary of his executive team has been reduced by 20% and scaled reductions are being taken throughout the Company. Eliminating fiscal 2020 merit increases. Temporarily suspending the Company's 401 (k) match. Temporarily reducing Board of Directors compensation. Reducing capital expenditures to approximately $20M in 2020 from $40M in 2019. Significantly reducing other discretionary operating expenses. With respect to liquidity, as reported in its Annual Report on Form 10-K, the Company increased capacity under its ABL Facility by $25M, so that maximum borrowings are $200 million. The Company has drawn $75M from the facility to provide it with extra working capital and cash on hand. As of April 6, 2020, $115M in capacity remained available under the ABL Facility.

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LE Land's End
$4.64 /

+0.49 (+11.81%)

03/16/20 Craig-Hallum
Land's End downgraded to Hold at Craig-Hallum
03/16/20 Craig-Hallum
Land's End downgraded to Hold from Buy at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy after 'strong' quarter at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy from Hold at Craig-Hallum
Hot Stocks
Land's End furloughs approx. 70% of corporate employees, 100% of retail staff » 12:03
04/06/20
04/06
12:03
04/06/20
12:03
LE

Land's End

$4.68 /

+0.53 (+12.77%)

Lands' End provided…

Lands' End provided an update on recent actions related to COVID-19. Jerome Griffith, CEO and President of Lands' End stated, "At Lands' End, the safety and health of all our employees is our first priority and we are taking steps to minimize risk through work-at-home policies, as well as practicing social distancing and enhanced sanitation in our facilities. Given the uncertainty related to the severity and duration of COVID-19, we have also taken proactive steps to reduce costs, carefully manage inventory, and preserve liquidity." A furlough of approximately 70% of Lands' End's corporate employees and nearly 100% of its retail employees began on March 28, 2020. While some of these personnel executing critical tasks will return to work on April 14, 2020, for many, the furlough will remain in effect through at least May 1, 2020, in line with the federal government's and with the State of Wisconsin's current timeline for the continuation of social distancing. Lands' End currently plans to fund health insurance premiums for employees while they are furloughed, through May 1, 2020. In addition, the Company's 26 U.S. stores, which closed on March 16, will remain closed until further notice, and in line with local guidance in the markets Lands' End serves. The Company's website, www.landsend.com remains open 24/7 and the customer service team will be available via phone or via email.

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LE Land's End
$4.68 /

+0.53 (+12.77%)

03/16/20 Craig-Hallum
Land's End downgraded to Hold at Craig-Hallum
03/16/20 Craig-Hallum
Land's End downgraded to Hold from Buy at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy after 'strong' quarter at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy from Hold at Craig-Hallum
Conference/Events
Land's End participates in a conference call hosted by Craig Hallum » 10:17
04/02/20
04/02
10:17
04/02/20
10:17
LE

Land's End

$4.80 /

+0.03 (+0.63%)

Conference call with…

Conference call with management to be held on April 9 hosted by Craig Hallum.

ShowHide Related Items >><<
LE Land's End
$4.80 /

+0.03 (+0.63%)

03/16/20 Craig-Hallum
Land's End downgraded to Hold at Craig-Hallum
03/16/20 Craig-Hallum
Land's End downgraded to Hold from Buy at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy after 'strong' quarter at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy from Hold at Craig-Hallum
Earnings
Land's End reports Q4 EPS 78c, consensus 77c » 06:46
03/17/20
03/17
06:46
03/17/20
06:46
LE

Land's End

$4.54 /

-1.72 (-27.48%)

Reports Q4 revenue…

Reports Q4 revenue $549.5M, consensus $547.93M. The company stated, "First and foremost, we are closely monitoring the Coronavirus situation and our thoughts are with all of those affected. In regard to FY19, it was an incredible year both in terms of financial performance and strategic accomplishments. We delivered strong revenue and Adjusted EBITDA growth for the fourth quarter and the year, illustrating our continued progress across our core growth strategies. We also successfully completed the American Airlines' uniform launch to over 50,000 employees in early March. We are pleased to share that we have announced a new partnership with Kohl's to distribute Lands' End through Kohls.com and to 150 retail doors, starting in Fall 2020, providing a meaningful opportunity to expand brand awareness and drive incremental sales. Looking ahead, as we navigate through this challenging environment, we remain focused on continuing the execution of our key strategies."

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LE Land's End
$4.54 /

-1.72 (-27.48%)

03/16/20 Craig-Hallum
Land's End downgraded to Hold at Craig-Hallum
03/16/20 Craig-Hallum
Land's End downgraded to Hold from Buy at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy after 'strong' quarter at Craig-Hallum
06/04/19 Craig-Hallum
Land's End upgraded to Buy from Hold at Craig-Hallum

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