Ok_老虎社区_美港股上老虎

yuppp
2021-06-24

Activist investor who shook up Bed Bath & Beyond and Kohl's says this is the next big retail opportunity

Macellum Capital Management CEO Jonathan Duskin has two very successful, high-profile activist campa

Activist investor who shook up Bed Bath & Beyond and Kohl's says this is the next big retail opportunity

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

推荐
最新

暂无评论

热议股票

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":128119240,"tweetId":"128119240","gmtCreate":1624505461280,"gmtModify":1631888656856,"author":{"id":3585269173201376,"idStr":"3585269173201376","authorId":3585269173201376,"authorIdStr":"3585269173201376","name":"yuppp","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":1,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Ok</p></body></html>","htmlText":"<html><head></head><body><p>Ok</p></body></html>","text":"Ok","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/128119240","repostId":2145801329,"repostType":4,"repost":{"id":"2145801329","kind":"news","pubTimestamp":1624498951,"share":"https://www.laohu8.com/m/news/2145801329?lang=&edition=full","pubTime":"2021-06-24 09:42","market":"us","language":"en","title":"Activist investor who shook up Bed Bath & Beyond and Kohl's says this is the next big retail opportunity","url":"https://stock-news.laohu8.com/highlight/detail?id=2145801329","media":"Yahoo Finance","summary":"Macellum Capital Management CEO Jonathan Duskin has two very successful, high-profile activist campa","content":"<p>Macellum Capital Management CEO Jonathan Duskin has two very successful, high-profile activist campaigns in the retail space under his belt, and is now shifting his gaze specifically to the underperforming apparel sector in a bid to find potential money-making opportunities.</p>\n<p>\"The market is entering a period of prosperity for traditional apparel retailers. The time has come when we will see apparel retailers consistently beat [number]s and be revalued higher,\" Duskin wrote in a note obtained by Yahoo Finance. \"In summary, the Amazon / [e-commerce] threat has been met, discretionary spending is set to accelerate with a meaningful tailwind, spending is shifting away from the home, the significant capital expenditure and SG&amp;A spending cycle is over and having stores has suddenly become an offensive weapon. The result will drive earnings and cash flow significantly higher than 2019 and we believe the group will be accorded higher multiples as long-term visibility improves.\"</p>\n<p>Duskin told Yahoo Finance Live the apparel sector has several other positive catalysts lurking, including consumers rebuilding their closets and the kicking in of the child tax credit come the key back to school shopping season.</p>\n<p>To be sure, Duskin has a solid case that many apparel stocks may be undervalued relative to their future earnings potential on the other side of the pandemic.</p>\n<p>The <a href=\"https://laohu8.com/S/IBUY\">Amplify Online Retail ETF</a> — which tracks the performance of apparel brands such as Lands' End and Stitch Fix —is only up 11.8% year-to-date. As for the S&amp;P Retailing Index it's up 12.6% this year. The S&amp;P 500 has notched a 13% gain so far this year.</p>\n<p>Meanwhile, a casual look at price-earnings multiples (PE) in the apparel space underscore Duskin's point.</p>\n<p>For instance, shares of apparel retailers Abercrombie &amp; Fitch, Gap, American Eagle Outfitters, <a href=\"https://laohu8.com/S/PVH\">PVH Corp</a>. and Polo Ralph Lauren all trade at relative discounts to the S&amp;P 500 on a forward price-to-earnings multiple basis. The average discount for these five stocks compared to the S&amp;P 500 from a P/E perspective is about 22%, according to data compiled by Yahoo Finance.</p>\n<p>'We think it's a unique time for retailers, particularly apparel retailers. There is a lot of dynamics that will favor them, much like we saw coming out of the Great Recession. I think apparel retailers are poised to outperform over the next two to four years for a host of reasons. Inventories are low. They learned to do more with less during COVID-19. Stores are now a weapon,\" explained Duskin.</p>\n<p>Duskin's missive follows a successful activist campaign at struggling Kohl's in April. As part of a settlement with Macellum, Ancora Holdings, Legion Partners Asset Management and 4010 Capital Kohl's added three new members to its board. It also expanded its stock buyback plan to $2 billion.</p>\n<p>The activist says he is searching for new targets. He continues to hold shares of Kohl's.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Activist investor who shook up Bed Bath & Beyond and Kohl's says this is the next big retail opportunity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nActivist investor who shook up Bed Bath & Beyond and Kohl's says this is the next big retail opportunity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 09:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/activist-investor-who-shook-up-bed-bath-beyond-and-kohls-says-this-is-the-next-big-retail-opportunity-190331054.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Macellum Capital Management CEO Jonathan Duskin has two very successful, high-profile activist campaigns in the retail space under his belt, and is now shifting his gaze specifically to the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/activist-investor-who-shook-up-bed-bath-beyond-and-kohls-says-this-is-the-next-big-retail-opportunity-190331054.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","EXPR":"Express, Inc.","WMT":"沃尔玛","UA":"安德玛公司C类股","FL":"富乐客","M":"梅西百货","LE":"Lands End Inc","PVH":"PVH Corp","RL":"拉夫劳伦","TGT":"塔吉特","SFIX":"Stitch Fix Inc.","KSS":"柯尔百货","GCO":"格涅斯科","ANF":"爱芬奇","BBBY":"3B家居","UAA":"安德玛公司A类股","NKE":"耐克","DKS":"迪克体育用品"},"source_url":"https://finance.yahoo.com/news/activist-investor-who-shook-up-bed-bath-beyond-and-kohls-says-this-is-the-next-big-retail-opportunity-190331054.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145801329","content_text":"Macellum Capital Management CEO Jonathan Duskin has two very successful, high-profile activist campaigns in the retail space under his belt, and is now shifting his gaze specifically to the underperforming apparel sector in a bid to find potential money-making opportunities.\n\"The market is entering a period of prosperity for traditional apparel retailers. The time has come when we will see apparel retailers consistently beat [number]s and be revalued higher,\" Duskin wrote in a note obtained by Yahoo Finance. \"In summary, the Amazon / [e-commerce] threat has been met, discretionary spending is set to accelerate with a meaningful tailwind, spending is shifting away from the home, the significant capital expenditure and SG&A spending cycle is over and having stores has suddenly become an offensive weapon. The result will drive earnings and cash flow significantly higher than 2019 and we believe the group will be accorded higher multiples as long-term visibility improves.\"\nDuskin told Yahoo Finance Live the apparel sector has several other positive catalysts lurking, including consumers rebuilding their closets and the kicking in of the child tax credit come the key back to school shopping season.\nTo be sure, Duskin has a solid case that many apparel stocks may be undervalued relative to their future earnings potential on the other side of the pandemic.\nThe Amplify Online Retail ETF — which tracks the performance of apparel brands such as Lands' End and Stitch Fix —is only up 11.8% year-to-date. As for the S&P Retailing Index it's up 12.6% this year. The S&P 500 has notched a 13% gain so far this year.\nMeanwhile, a casual look at price-earnings multiples (PE) in the apparel space underscore Duskin's point.\nFor instance, shares of apparel retailers Abercrombie & Fitch, Gap, American Eagle Outfitters, PVH Corp. and Polo Ralph Lauren all trade at relative discounts to the S&P 500 on a forward price-to-earnings multiple basis. The average discount for these five stocks compared to the S&P 500 from a P/E perspective is about 22%, according to data compiled by Yahoo Finance.\n'We think it's a unique time for retailers, particularly apparel retailers. There is a lot of dynamics that will favor them, much like we saw coming out of the Great Recession. I think apparel retailers are poised to outperform over the next two to four years for a host of reasons. Inventories are low. They learned to do more with less during COVID-19. Stores are now a weapon,\" explained Duskin.\nDuskin's missive follows a successful activist campaign at struggling Kohl's in April. As part of a settlement with Macellum, Ancora Holdings, Legion Partners Asset Management and 4010 Capital Kohl's added three new members to its board. It also expanded its stock buyback plan to $2 billion.\nThe activist says he is searching for new targets. He continues to hold shares of Kohl's.","news_type":1},"isVote":1,"tweetType":1,"viewCount":379,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}