Ralph Lauren (RL) Q4 2016 Results We have not focused enough on the core “In short, we have not focused enough on nor evolved enough the core of what made us great in product, marketing and the shopping experience. In … Continued
Fossil Group (FOSL) Kosta N. Kartsotis on Q1 2016 Results Challenging environment in the traditional watch category “Specific to the first quarter, as we expected, results trailed last year, reflecting the challenging environment for the traditional watch category, foreign currency … Continued
Kevin A. Plank – Chairman & Chief Executive Officer Grown topline above 20% for six straight years “This means our top-line growth exceeded 20% for the 24th consecutive quarter, that’s six straight years above 20%. And we saw continued acceleration … Continued
DSW’s (DSW) CEO Roger Rawlins on Q4 2015 Results New CEO “I’m excited to be here today, conducting my first call as CEO.” Mary Meixelspeger Got promotional to protect market share, sacrificed earnings “As expected, the fourth quarter was a … Continued
Richard A. Hayne – Chairman, President & Chief Executive Officer Excessive markdowns began to subside last year “Looking ahead, comparisons look favorable for the brand. Excessive markdowns began to subside last year as Q1 progressed. So as the brand begins … Continued
J. C. Penney (JCP) Marvin R. Ellison on Q4 2015 Results 4.1% comp “Comparable sales were up 4.1% in the quarter and accelerated to a two-year stack of 8.5%. In fact, this represents our ninth consecutive quarter of growth, when … Continued
Karen M. Hoguet – Chief Financial Officer Decline in tourist sales did not lessen “Unfortunately, the decline in international tourist sales did not lessen during the fourth quarter and hurt our comp performance by approximately one point. This was less … Continued
Kosta N. Kartsotis – Chairman & Chief Executive Officer At the epicenter of fashion/tech convergence “We find ourselves at the epicenter of the convergence of fashion and technology and are focused on continued innovation in the space. Our branding and … Continued
The next generation entering the workforce doesn’t know a world in which we didn’t exist “This year, 2016, is Under Armour’s 20th year in business. It is an incredible milestone for any Company and for us, it means a few … Continued
Carol Fairweather A tougher external environment for luxury than we were expecting “In a tougher external environment for luxury than we were expecting, retail revenue for the third quarter was up 1% underlying. Comparable sales were unchanged year-on-year, an improvement … Continued