Sign in

    Alexia Morgan

    Research Analyst at Piper Sandler

    Alexia Morgan is an Assistant Vice President and Equity Research Analyst at Piper Sandler, specializing in consumer services and finance sectors. She covers a range of companies within these fields, drawing on her expertise in data analysis and forecasting developed over several years in institutional equity roles. Joining Piper Sandler as an Equity Research Associate in 2023 and advancing to Assistant Vice President in 2025, Morgan previously worked with Wolfe Research in institutional equity sales and as a business analyst at Abercrombie & Fitch Co. She holds a Bachelor’s degree from The Ohio State University Fisher College of Business, complemented by experience in investment management and sales. Her professional skillset includes strong financial modeling, forecast accuracy, and client communication, though specific performance metrics and securities licenses are not publicly listed.

    Alexia Morgan's questions to YETI Holdings (YETI) leadership

    Alexia Morgan's questions to YETI Holdings (YETI) leadership • Q2 2025

    Question

    Speaking for Peter Keith, Alexia Morgan of Piper Sandler Companies asked about the drivers of the promotional Drinkware environment and whether recent product success was due to a specific focus on female consumers.

    Answer

    CEO Matt Reintjes attributed the promotional environment to market-wide inventory cleanup by competitors, noting YETI's strategy is to diversify its portfolio beyond these trends. CFO Mike McMullen confirmed guidance assumes this pressure continues in Q3. Reintjes clarified that recent product success, including the Camino bag, reflects broad-based appeal across all demographics, not a specific gender-focused strategy.

    Ask Fintool Equity Research AI

    Alexia Morgan's questions to BEYOND (BYON) leadership

    Alexia Morgan's questions to BEYOND (BYON) leadership • Q1 2025

    Question

    Alexia Morgan, on for Peter Keith, asked about the potential positive impact from the ending of the de minimis exemption affecting competitors like Temu and Shein, and whether Overstock's closeout-focused model could be hindered by suppliers holding onto non-tariff inventory.

    Answer

    Executive Chairman Marcus Lemonis responded that he expects more, not less, opportunity for closeout inventory as other large retailers struggle. President and CFO Adrianne Lee addressed the competitive question, noting that competitors like Temu are reducing performance marketing spend, creating an opportunity for Beyond to capture attention. Marcus Lemonis added that Beyond does not sell the same type of 'junk' products.

    Ask Fintool Equity Research AI

    Alexia Morgan's questions to Ollie's Bargain Outlet Holdings (OLLI) leadership

    Alexia Morgan's questions to Ollie's Bargain Outlet Holdings (OLLI) leadership • Q4 2024

    Question

    Alexia Morgan, on behalf of Peter Keith, inquired about the 'dead rent' dynamic, its impact on earnings flow-through from 2025 to 2026, and how the new Big Lots stores are expected to perform compared to the successful 99 Cents Only acquisitions.

    Answer

    Executive Robert Helm clarified that while dead rent on acquired stores pressures near-term earnings, it should lead to stronger, mid-to-high teens earnings growth in 2026 due to below-market rents. Executive Eric van der Valk expressed high confidence that the Big Lots conversions will be as strong or stronger than the 99 Cents Only stores, citing the benefit of acquiring 'warm boxes' with an existing value-oriented customer base.

    Ask Fintool Equity Research AI

    Alexia Morgan's questions to VALVOLINE (VVV) leadership

    Alexia Morgan's questions to VALVOLINE (VVV) leadership • Q1 2025

    Question

    Alexia Morgan, on for Peter Keith, asked about the promotional environment in Q1 and the outlook for franchise unit growth towards the company's 2027 target.

    Answer

    CEO Lori Flees stated there has been no significant change in the competitive promotional environment, attributing performance to the brand's quality and customer experience. On franchise growth, she expressed high confidence in reaching the goal of 250 total new units by fiscal 2027 (150 from franchisees), citing strong partner engagement, upsized development agreements, and a robust new unit pipeline.

    Ask Fintool Equity Research AI

    Alexia Morgan's questions to Traeger (COOK) leadership

    Alexia Morgan's questions to Traeger (COOK) leadership • Q3 2024

    Question

    Alexia Morgan, on for Peter Keith of Piper Sandler, questioned the company's exposure to China, its strategy to mitigate tariff risk, and the drivers of gross margin expansion, including the reason for an implied Q4 decline.

    Answer

    CEO Jeremy Andrus detailed that while about 80% of grills are made in China, the company is actively diversifying its supply chain with a new partner in Vietnam and has sourcing optionality. CFO Dom Blosil explained the implied Q4 gross margin decline is due to product mix and normal holiday promotions, noting Q3 benefited from a one-time 110 basis point credit that will not repeat.

    Ask Fintool Equity Research AI

    Alexia Morgan's questions to Floor & Decor Holdings (FND) leadership

    Alexia Morgan's questions to Floor & Decor Holdings (FND) leadership • Q3 2024

    Question

    Alexia Morgan, on behalf of Peter Keith at Piper Sandler, asked if Floor & Decor has noticed any impact on big-ticket sales from 'election distraction' and if there is a discernible sales opportunity from the recent Lumber Liquidators store closures.

    Answer

    President Trevor Lang stated that the company has not yet seen an impact from election distraction, noting that quarter-to-date comps have improved. CEO Tom Taylor commented that the Lumber Liquidators closures are a net positive, creating an opportunity to capture displaced business and hire affected associates. He expressed confidence that Floor & Decor's superior offering positions them to be a beneficiary.

    Ask Fintool Equity Research AI