Kate Spade & Company
 (KATE)

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  • Tue, Feb. 2, 10:21 AM
    | Tue, Feb. 2, 10:21 AM
  • Tue, Jan. 26, 3:04 PM
    • Coach (COH +10.3%) is up 10% after a penny beat over consensus Q4 earnings estimates.
    • Movado (MOV +5.1%), Kate Spade (KATE +2.9%), Michael Kors (KORS +2.9%), and Vera Bradley (VRA +1.4%) are all higher after the Coach print, although some traders are expressing caution.
    • Coach's sales growth was driven largely by the recently-acquired Stuart Weitzman brand, not handbags, and the company warned on the level of promotional activity with handbag sellers.
    • Previously: Coach beats by $0.01, misses on revenue (Jan. 26 2016)
    • Previously: Coach higher after results and guidance satisfy investors (Jan. 26 2016)
    | Tue, Jan. 26, 3:04 PM | 2 Comments
  • Nov. 23, 2015, 12:29 PM
    • High-end global retail stocks are on the move as some analysts see the sector as oversold.
    • A positive step forward for trade talks between China and the U.S. may also be contributing to the mini-rally.
    • Gainers: Ralph Lauren (RL +1.8%), Guess (GES +3.3%), Coach (COH +2%), Michael Kors (KORS +1.8%), Vera Bradley (VRA +1.6%), Kate Spade (KATE +2.6%), PVH Corp (PVH +1.6%).
    | Nov. 23, 2015, 12:29 PM
  • Nov. 20, 2015, 11:47 AM
    • The S&P Retail ETF (NYSEARCA:XRT) is up 1.9% with apparel and footwear stocks doing much of the heavy lifting.
    • A vibrant rally in sports stocks was sparked by earnings reports and Nike. Iconix Brand (ICON +2.5%), G-III Apparel (GIII +3%), DSW (DSW +3.7%), Finish Line (FINL +3.1%), Caleres (CAL +2.2%), Genesco (GCO +3.5%), and Shoe Carnival (SCVL +1.7%) join the list reported on earlier.
    • Luxury names are on the move with Kate Spade (KATE +2%), Fossil (FOSL +2.9%), Coach (COH +1.4%), and Movado (MOV +2.7%) higher.
    • The beat-up mall retailer group is also recovering after results from Gap (GPS +6%) and Abercrombie & Fitch (ANF +19.4%) topped worst-case scenarios. American Eagle Outfitters (AEO +2.3%), Guess (GES +4.6%), and Pacific Sunwear (PSUN +5.4%) are notable gainers.
    • Big box retailers are the laggards today. Wal-Mart, Target (TGT +0.6%), and Costco (COST +0.6%) are right at market index averages.
    | Nov. 20, 2015, 11:47 AM | 2 Comments
  • Nov. 5, 2015, 8:25 AM
    • Kate Spade (NYSE:KATE) is higher in early trading after the company turned a profit in Q3.
    • New product categories helped the company make up for some uneven trends in the handbag business.
    • Previously: Kate Spade beats by $0.02, misses on revenue (Nov. 05 2015)
    • KATE +3.85% premarket to $20.50.
    | Nov. 5, 2015, 8:25 AM
  • Nov. 3, 2015, 10:02 AM
    • Kate Spade (NYSE:KATE) is higher with Cleveland Research issuing positive comments on sales trends for the retailer.
    • The company reports Q3 earnings on November 5 with analysts expecting revenue of $289M and EPS of $0.03.
    • KATE is +3.88% to $19.01, still on the bottom end of the 52-week range of $16.76 to $35.75.
    | Nov. 3, 2015, 10:02 AM
  • Oct. 27, 2015, 9:43 AM
    • Coach (NYSE:COH) is up 8.3% after the company issued a Q3 report showing some improvement in key regions. The comp in North America was -9.5% vs. -19% in the last quarter.
    • Peers Michael Kors (NYSE:KORS) and Kate Spade (NYSE:KATE) are also higher in opening trades, up 2.5% and 1.0% respectively, amid a down market day.
    • Previously: Coach maintains earnings guidance (Oct. 27 2015)
    | Oct. 27, 2015, 9:43 AM | 1 Comment
  • Sep. 24, 2015, 10:23 AM
    • Kate Spade (KATE +1.1%) is higher after Stephens jumps in with a boosted rating of Overweight on the high-end retailer.
    • The Stephens report titled "Put This One In Your Bag" exudes confidence that Kate Spade will see margin improvement.
    • The investment firm keeps its price target on Kate at $31 which implies +60% upside potential.
    | Sep. 24, 2015, 10:23 AM
  • Aug. 11, 2015, 7:47 AM
    • Citi adds Kate Spade (NYSE:KATE) to its Focus List.
    • The investment firm names the retailer as its top pick for the back half of the year in the apparel/footwear sector.
    • Citi has a price target of $33 on Kate which implies +50% upside from its current level.
    • Previously: Kate Spade breaks out after management pulls the right levers (Aug. 05 2015)
    • KATE +0.8% premarket to $21.22.
    | Aug. 11, 2015, 7:47 AM
  • Aug. 5, 2015, 1:13 PM
    • Kate Spade (KATE +6.5%) rallies after the retailer's earnings miss is overlooked by investors focusing on the company's ability to reduce its reliance on handbags and promotional activity.
    • The breakout by Kate Spade arrives during a tough sales slog for the handbag sector (Coach, Vera Bradley, Michael Kors).
    • Analysts say KS management has kept a "tight" level of inventory which has helped it ride out demand swings easier than peers.
    • Previously: Kate Spade misses by $0.03, misses on revenue
    • Previously: Double-digit sales growth for Kate Spade in Q2
    | Aug. 5, 2015, 1:13 PM
  • Aug. 5, 2015, 9:19 AM
    | Aug. 5, 2015, 9:19 AM | 10 Comments
  • Aug. 5, 2015, 7:47 AM
    • Kate Spade (NYSE:KATE) reports direct-to-consumer comparable sales rose 10% in Q2.
    • Kate Spade North American sales +22% to $232M.
    • Kate Spade International sales +16% to $36M.
    • The company's gross margin rate increased 240 bps to 61.0% off a comparison from last year with a high level of inventory liquidations.
    • SG&A expense rate fell 10 bps to 54.8%.
    • Previously: Kate Spade misses by $0.03, misses on revenue
    • KATE +5.1% premarket to $21.75.
    | Aug. 5, 2015, 7:47 AM
  • Jul. 23, 2015, 11:47 AM
    • Select retail stocks are outperforming the broad stock market and retail ETFs which are mostly pointing negative.
    • Retail outliers today include Lululemon (LULU +1.3%), Gap (GPS +1.7%), Kate Spade (KATE +2%), and Abercrombie & Fitch (NYSE:ANF) with a 1.1% gain.
    • Under Armour (UA +8.3%) is in a league all of its own after an earnings smash.
    • Previously: Strong growth across the board at Under Armour (Jul. 23 2015)
    | Jul. 23, 2015, 11:47 AM | 1 Comment
  • Jul. 16, 2015, 10:12 AM
    • Some popular momentum-driven retail stocks are starting off the day in reverse with Michael Kors (KORS -2.7%), Coach (COH -0.2%), Pacific Sunwear (PSUN -1.9%), Vera Bradley (VRA -3.3%), Fossil (FOSL -0.6%), Lululemon (LULU -0.6%), Kate Spade (KATE -0.4%) and Under Armour (UA -3.5%) all lower.
    • While OTR Global is with a fresh note on UA and KORS in which expectations are reeled in, pricing trends and China are also looming over the sector.
    | Jul. 16, 2015, 10:12 AM | 2 Comments
  • May 27, 2015, 10:07 AM
    • Select high-end retailers are trading weaker after reports from Michael Kors and Movado rattle the sector.
    • Though Tiffany is ripping up a double-digit gain on the day, analysts note the earnings beat came off of a lowered bar.
    • Decliners: Fossil (NASDAQ:FOSL) -5.3%, Kate Spade (NYSE:KATE) -1.9%, Vera Bradley (NASDAQ:VRA) -1.9%, Tum Huldings (NYSE:TUMI) -1.0%, Guess (NYSE:GES) -0.3%, Coach -5.5%.
    • The PowerShares Dynamic Leisure and Entertainment ETF (NYSEARCA:PEJ) is slightly trailing broader market averages.
    • Previously: F/X clips results at Movado
    • Previously: Light guidance from Michael Kors
    | May 27, 2015, 10:07 AM | 4 Comments
  • May 7, 2015, 8:27 AM
    | May 7, 2015, 8:27 AM | 1 Comment
Company Description
Kate Spade & Co designs and markets accessories and apparel under three brands namely kate spade new york, KATE SPADE SATURDAY and JACK SPADE.