Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock characte ...

Sportsman's Warehouse (SPWH) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this outdoor sporting goods specialty retailer would post a loss of $0.12 per share when it actually produced a loss of $0.12, delivering no surprise.Over the last ...

Core Insights - Tilly's reported a quarterly loss of $0.05 per share, significantly better than the Zacks Consensus Estimate of a loss of $0.30, marking an earnings surprise of +83.33% [1] - The company generated revenues of $139.59 million for the quarter ended October 2025, exceeding the Zacks Consensus Estimate by 1.96%, although this represents a decline from $143.44 million year-over-year [2] - Tilly's shares have declined approximately 65.4% year-to-date, contrasting with a 16.1% gain in the S&P 500 [3] Earnings Outlook - The future performance of Tilly's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4] - The current consensus EPS estimate for the upcoming quarter is -$0.32 on revenues of $146.1 million, and for the current fiscal year, it is -$1.25 on revenues of $541.8 million [7] Industry Context - The Retail - Apparel and Shoes industry, to which Tilly's belongs, is currently ranked in the top 30% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8] - Victoria's Secret, a competitor in the same industry, is expected to report a quarterly loss of $0.60 per share, reflecting a year-over-year change of -20%, with revenues projected at $1.41 billion, up 4.5% from the previous year [9][10]

Core Viewpoint - Victoria's Secret & Co. is set to release its third quarter 2025 earnings on December 5, 2025, with a live conference call scheduled for 8:30 a.m. ET to discuss the results [1][2]. Company Overview - Victoria's Secret & Co. (NYSE: VSCO) is a specialty retailer offering modern, fashion-inspired collections, including bras, lingerie, apparel, and fragrances, with a commitment to empowering over 30,000 associates across more than 1,400 retail stores in nearly 70 countries [3].

Core Insights - Dillard's reported a rise in net income and sales for the third quarter, indicating strong performance in a competitive retail environment [1][2] Financial Performance - The company posted net income of $129.8 million, or $8.31 per share, reflecting a 4.2% increase from $124.6 million, or $7.73 per share, in the same period last year [2] - Total retail sales increased by 3% to $1.4 billion from $1.36 billion in the prior year [2] - Comparable-store sales also rose by 3% [2] - Retail gross margin improved to 45.3% of sales, up from 44.5% in the previous year [4] Sales by Category - Significant increases were noted in women's apparel, accessories, lingerie, juniors', and children's apparel compared to the prior year [3] - Moderate sales growth was observed in shoes, while slight increases were seen in home, furniture, men's apparel, accessories, and cosmetics [3] Operational Insights - The company plans to close its 240,000-square-foot store in Plano, Texas, in January, while currently operating 272 Dillard's stores, including 28 clearance centers across 30 states [5] - CEO William Dillard 2nd expressed optimism about sales strength continuing through the holiday season [4] Market Position - Neil Saunders from GlobalData praised Dillard's for its merchandising and execution, noting that the results highlight the department store's ability to drive growth in a challenging sector [6] - The growth in retail revenue, while not extraordinary at 3.3%, is considered respectable, especially with rising margins and profitability [6] - The ability to encourage shoppers to buy across multiple departments is seen as a key factor in Dillard's success [6]

Core Insights - Dillard's, Inc. reported stronger-than-expected third-quarter results, with earnings per share of $8.31, surpassing the analyst consensus estimate of $5.79 [1] - The company demonstrated solid retail momentum, with quarterly sales of $1.469 billion exceeding the expected $1.438 billion [2] - Dillard's outlined a disciplined spending outlook for the upcoming year, indicating a focus on maintaining financial health [1] Financial Performance - Total retail sales and comparable store sales each increased by 3% [2] - Retail gross margin improved to 45.3% of sales, up from 44.5% [2] - Operating expenses rose to $440.4 million, representing 30.0% of sales, compared to $418.9 million or 29.4% of sales previously [2] Sales Breakdown - Significant year-over-year sales growth was observed in ladies' accessories and lingerie, juniors' and children's apparel, and ladies' apparel [3] - Moderate growth was noted in shoes, while home and furniture, men's apparel and accessories, and cosmetics experienced slight gains [3] - Inventory increased by 2% year-over-year as of November 1 [3] Balance Sheet Metrics - Dillard's ended the quarter with cash and equivalents totaling $1.149 billion [4] - Merchandise inventories rose to $1.718 billion from $1.682 billion a year ago [4] - Long-term debt decreased to $225.7 million from $321.6 million [4] Future Outlook - The company projected depreciation and amortization at $180 million for the year ending January 31, 2026, slightly above the previous year's $178 million [5] - Rental expense is expected to be $20 million, down from $21 million in the prior year [5] - Capital expenditures are forecasted at $100 million, a decrease from the actual spending of $105 million last year [5] Stock Performance - Dillard's shares rose by 9.69% to $664.70 in premarket trading [6]

Core Viewpoint - Victoria's Secret & Co. is experiencing significant momentum and outperformance under the leadership of new CEO Hillary Super, with total shareholder returns of 89% since her appointment, significantly outperforming relevant indices and peers [1][7]. Group 1: Board Engagement and Evaluation - The Board has been actively engaging with BBRC and is currently reviewing Brett Blundy's candidacy for a Board seat, along with his other demands [2][3]. - The Board's evaluation process includes thorough due diligence due to potential conflicts of interest and past conduct-related issues associated with BBRC [3][4]. - Despite the Board's collaborative approach, Mr. Blundy has not responded to follow-up questions, leading to disappointment from the Board regarding BBRC's public communication strategy [4][5]. Group 2: Company Performance and Strategy - Under CEO Hillary Super's leadership, Victoria's Secret & Co. has implemented the "Path to Potential" strategy, resulting in significant outperformance, including beating sales and operating income guidance in the second quarter [6][7]. - The company has increased its full-year sales guidance despite facing tariff headwinds, indicating strong operational performance [6][7]. - The Board has added four new directors since the spin-off from L Brands, enhancing its retail experience and governance [6]. Group 3: Shareholder Communication - Victoria's Secret & Co. is committed to transparent and collaborative communication with BBRC and all shareholders, emphasizing the importance of fulfilling fiduciary duties and enhancing shareholder value [5][8]. - The company appreciates BBRC's investment and aims to capitalize on its current momentum as it approaches the holiday season [7].

Core Insights - Capri Holdings reported a quarterly loss of $0.03 per share, significantly missing the Zacks Consensus Estimate of $0.14, and down from earnings of $0.65 per share a year ago, representing an earnings surprise of -121.43% [1] - The company posted revenues of $856 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 3.14%, but down from $1.08 billion in the same quarter last year [2] - Capri Holdings has surpassed consensus revenue estimates four times over the last four quarters, although it has only beaten EPS estimates once in the same timeframe [2] Financial Performance - The stock has underperformed the market, losing about 1.6% since the beginning of the year, while the S&P 500 has gained 16.5% [3] - The current consensus EPS estimate for the upcoming quarter is $0.62 on revenues of $1.01 billion, and for the current fiscal year, it is $1.36 on revenues of $3.43 billion [7] Industry Outlook - The Retail - Apparel and Shoes industry, to which Capri Holdings belongs, is currently ranked in the top 15% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Capri Holdings' stock performance [5][6]

Core Perspective - The new CEO, Hillary Super, aims to revive the brand's previously embraced sexy image after her predecessor had toned it down [1] Company Strategy - Hillary Super intends to reintroduce the brand's bold and provocative marketing approach, which had been dialed back in recent years [1] Industry Trends - The lingerie industry is witnessing a shift back towards more daring and sensual branding, reflecting changing consumer preferences [1]

Core Viewpoint - Victoria's Secret & Co. will participate in a fireside chat at the Goldman Sachs 32nd Annual Global Retailing conference on September 4, 2025, featuring CEO Hillary Super and CFO Scott Sekella [1]. Company Overview - Victoria's Secret & Co. is a specialty retailer offering modern, fashion-inspired collections, including bras, panties, lingerie, apparel, casual sleepwear, swimwear, lounge, and sport items, as well as prestige fragrances and body care [3]. - The company operates leading brands, Victoria's Secret and PINK, and also includes Adore Me, a technology-driven, digital-first intimates brand catering to women of all sizes and budgets [3]. - Victoria's Secret & Co. employs over 30,000 associates and has approximately 1,380 retail stores across nearly 70 countries [3]. Event Details - A live audio webcast of the fireside chat will be available on the company's investor relations website, with a replay accessible afterward [2].