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Royal Caribbean customers are spending more on cruises than they did a year ago. Yet the stock has lost a quarter of its value in less than two months. Bank of America thinks that gap is now an opportunity. On Monday, the bank’s analyst Andrew Didora upgraded Royal Caribbean Cruises Ltd. (NYSE: RCL ) from Neutral to Bu
G-III Apparel reported second-quarter net sales of $554 million, slightly below plan, while non-GAAP EPS came in at $0.26, above guidance of $0.15 to $0.25. Gross margin expanded 440 basis points year over year.