Tuesday, November 12, 2024
Holiday '24 Outlook
with
TD Cowen's Top-Rated
Equity Research Team
10:00 am-11:00 am EDT
The NRF forecasts that Holiday sales in the U.S. will approach $1 TRILLION for the first time ever! Heading into the season, the consumer is in remarkably good shape with inflation under control, recent interest rate reduction cut, low unemployment and positive wage growth. Yet the global situation is tenuous, and the U.S. Presidential election a toss-up.
Join TD Cowen’s talented Equity Research Team (see Bios below) as they provide our RMS guests and members with their view of Holiday ’24 sales. They will address the following topics from their Wall Street perch:
-
What’s your overall outlook for Holiday ’24 compared to LY?
-
What sectors and product categories are expected to show increases or decreases over last year?
-
What are the hot products this season?
-
How are online sales vs. in-store sales expected to perform this year vs. last year?
-
What companies/stocks are you recommending and why, as we move into the Holiday season?
Note that the RMS is again this month offering our webinar for FREE to our members and their guests, but you must register/Zoom “Accept” in order to gain access to the program and/or the recorded replay.
Fees:
RMS Members: FREE
Guests: FREE*
Date: Tuesday, November 12, 2024
Time: 10:00 am-11:00 am EDT
Location:
Zoom instructions will be emailed prior to the event.
* If you're not an RMS member, now is the time to join. Join now and your membership fee will include complimentary attendance at this webinar.
Benefits of membership include: reduced rates on webinars, meetings and conferences; complimentary attendance at our in-person networking events; "Top Takeaways"-capsule summaries of most meetings and webinars; and a Membership Directory for networking purposes.
TD Cowen Retail Equity Research Team Bios
Oliver Chen
Managing Director, Consumer - Retailing - Broadlines & Department Stores, Specialty Stores
Oliver Chen is a managing director and senior equity research analyst covering Retail and Luxury Goods. Mr. Chen’s deep understanding of the consumer and his ability to forecast the latest trends and technological changes that will impact the retail space has set him apart from peers. Oliver’s broad coverage and circumspect view makes him the thought partner of retail and brand leaders. His coverage of the retail sector has led to numerous industry awards and press coverage from CNBC, Bloomberg, The New York Times, Financial Times, Barron’s, The Wall Street Journal and others.
John Blackledge is a managing director and senior research analyst who covers the Internet and New Media sector. Prior to joining TD Cowen in August 2012, he was a vice president covering Internet stocks at Credit Suisse for more than three years. Before joining Credit Suisse, Mr. Blackledge spent six years at JPMorgan, where he was a vice president covering the entertainment, broadcasting, and cable/DBS sectors before assuming research coverage of radio, TV, and outdoor stocks. Earlier in his career, he held positions at ABN AMRO, CIBC, and Arthur Andersen. Mr. Blackledge has a BS degree with a major in accounting from Georgetown University.
John Blackledge
Managing Director, TMT - Internet
John Kernan
Managing Director, Consumer - Retail & Consumer Brands
John Kernan is a managing director and senior research analyst covering the Retail and Consumer Brands sector. Mr. Kernan joined TD Cowen in 2008 and has been covering the consumer sector for over ten years, which has helped him develop a deep understanding of how to grow and sustain a global brand. His coverage of the retail sector has led to industry awards for stock picking and earnings estimates. He has press coverage from CNBC, Bloomberg, Financial Times, Barron’s, The Wall Street Journal and others. Mr. Kernan has a BA from the University of Pennsylvania and an MBA from the Kenan-Flagler Business School at the University of North Carolina. He is a CFA charter holder and CAIA charter holder.
Jonna Kim
Vice President, Consumer - Apparel, Footwear & Textiles Retailing/Specialty Stores, Research
Jonna Kim is a vice president on TD Cowen’s retail & luxury team covering Beauty, E-commerce, and Specialty Retail. Prior to joining TD Cowen in 2018, Ms. Kim was an investor relations associate at JPMorgan Chase. Ms. Kim received a BA from Barnard College/Columbia University and a master’s degree in International Affairs from Columbia University. Ms. Kim is a CFA charter holder.