SimeonSiegel
@siegelsimeon
Managing Director | Senior Equity Analyst linkedin.com/in/simeonsiege…
ID: 1101529833220251648
https://www.linkedin.com/in/simeonsiegel/ 01-03-2019 17:09:12
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BMO’s Simeon Siegel SimeonSiegel upgrades $PTON – a darling during the pandemic – from Sell to Market Perform. “This was a fantastic, and is a fantastic product, built a fantastic community. The question was, why did the market dislocate that value?” #CNBC #PELOTON
$TJX reported a lackluster sales outlook, but raised its full year outlook to adjusted EPS between $3.39 - $3.48 today. BMO's SimeonSiegel explains his OUTPERFORM rating on $TJX: "This is a company that's optimizing around value rather than optimizing around price."
"[Peloton] was explicit on the call, they believe there's growth. I just don't know if we're seeing it." BMO's SimeonSiegel makes sense of $PTON's CEO departure and plans to cut its workforce.
"There is no question the macro seems worse than it was...[but] people are still spending," says BMO's SimeonSiegel. "Whether it's healthy or not, the U.S. consumer is overly resilient when it comes to spending."
BMO Capital Markets Sr. Retail Analyst Simeon Siegel joins Kelly Evans on The Exchange to discuss why Nike Executive Chairman Mark Parker's departure from Disney's board is good news for Nike's stock.
BMO Capital Markets managing director SimeonSiegel on what to expect from $NKE's Q2 earnings:
.SimeonSiegel talks the state of retail and demand ahead of the holidays: “Consumers are still spending – whether consumers are still strong, that’s a different conversation.” cnb.cx/3ZIYq9P
BMO Capital Markets managing director SimeonSiegel joins Yahoo Finance to discuss how tariffs will impact the retail sector: