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Equity Research

Adrienne Tennant

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Managing Director, Softline Retail-Specialty Apparel 
Ms. Tennant is a Managing Director – Equity Research (Consumer Sector: Retail-Softline) at Janney Capital Markets. Prior to coming to Janney Capital Markets, Ms. Tennant was Managing Director & Consumer Group Head at FBR Capital Markets from 2006 to 2010 and a Senior Analyst at Wedbush Securities from 2000 to 2006, where she covered specialty apparel (Softlines). Her prior retail experience includes Strategic Planning at Gap, Inc. and The Disney Stores. Ms. Tennant’s financial experience includes investment banking for Prudential Securities and private debt investing with Prudential Structured Finance Group.

In the past seven years Ms.Tennant has received a number of recognitions. In 2009, she was honored by Wall Street Journal’s “Best on the Street” - #5 Broadline & Apparel analyst. In 2008, she was selected as a member of Forbes “Dazzling Dozen,” the #11 analyst among over 2700 analysts – regardless of sector or industry – based on stock picking for the prior three-year period. The same year, Forbes also chose her as the #1 Nonfood Retailers and Wholesalers Analyst, based on stock picking for the prior three-year period. In 2006, she was ranked as #3 by Starmine/Forbes.com for Best Analyst – Stock Picking in Specialty Retail – Excess return +22.6% versus +5.1% industry return. And in 2004, she was named Home Run Hitter – American Eagle +188% by Institutional Investor.

Ms. Tennant holds a Master of Business Administration in Finance from The Anderson School at the University of California, Los Angeles and a Bachelor of Science in Industrial Engineering from Stanford University.

Abercrombie & Fitch Co. (ANF)
Aeropostale, Inc. (ARO)
American Eagle Outfitters, Inc. (AEO)
ANN Inc. (ANN)
bebe stores, inc. (BEBE)
The Buckle, Inc. (BKE)
Chico's FAS, Inc. (CHS)
Express, Inc. (EXPR)  
Francesca’s Holdings Corporation (FRAN)
lululemon athletica inc. (LULU)
Michael Kors Holdings Limited (KORS)  
New York & Company, Inc (NWY)
Pacific Sunwear of California, Inc. (PSUN)
The Children's Place Retail Stores, Inc. (PLCE)
The Gap, Inc. (GPS)
Urban Outfitters, Inc. (URBN)
Zumiez, Inc.(ZUMZ)