Reading the Tea Leaves and Decoding Wall Street’s Take on Fashion

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Reading the Tea Leaves and Decoding Wall Street’s Take on Fashion
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See how analysts are seeing retail today — from turnaround at Vans to Mary Dillon at Foot Locker and luxury in the U.S.

“The below consensus [second-quarter] EPS outlook, tepid top-line trends and weakening consumer backdrop don’t inspire confidence that the earnings/margin recovery will be swift or linear, and carries some risks.” — Simeon Gutman, Morgan Stanley , which is being outshone by its larger rival Walmart at the moment.

Dillon is very much a known quantity in the analyst circles after the work she did turning Ulta Beauty into a powerhouse. Now she’s looking to be theat Foot Locker. Dillon’s standing and reputation buys her time, even though the stock cratered along with the latest quarterly update. But the CEO is still going to have to move quickly. Wall Street is a very “what have you done for me lately” kind of place.

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