Footwear

The Los Angeles Lakers and Brooklyn Nets preseason game took place as scheduled in Shanghai, China Thursday despite fears of a cancellation.  The Lakers and Nets played a close game in front of a sold out crowd of 18,000, and it appears likely the teams will also play their rematch in China on...

Nike Inc (NYSE: NKE) shares are in all-time high territory after the apparel company posted a first-quarter earnings beat Tuesday. Wells Fargo Weighs In Although expectations were very high heading into the first quarter, Nike was able to clear the bar with an earnings report that was solid from...

On Aug. 1, President Donald Trump announced that he will impose additional 15% tariffs on $300 billion in Chinese imports. Footwear firms are asking Trump to cancel the tariffs, The Hill reported Wednesday.  More than 200 companies that signed a letter to Trump argued the tariffs are...

Foot Locker, Inc. (NYSE: FL) reported Friday second-quarter results highlighted by a notable comp miss but the bullish case for the stock can still be made, according to Wedbush. Making The Case Foot Locker's EPS and margins were mostly in-line with expectations in the second quarter but a 0.8...

One of the most noticeable shifts in women's fashion has been the embrace of athleisure and sneakers. Still, many analysts believe the industry has significantly underperformed in serving the female athlete — and that the category could serve as a catalyst moving forward. While female...

Skechers USA Inc (NYSE: SKX) shares were trading sharply higher Friday, one day after posting a big second-quarter earnings beat and record quarterly net sales. Here's what two analysts had to say after the print.  Stifel Stifel analyst Jim Duffy said he is highly encouraged by...

Nike Inc (NYSE: NKE) is coming off a surprise fourth-quarter earnings miss Thursday; here's how Wall Street is reacting.  BofA: Just Don't Do It Bank of America Merill Lynch analyst Robert Ohmes was particularly bearish on Nike, lowering his earnings estimates for the first...

StockX, a Detroit-based company that operates a "stock market of things" business, finalized a Series C financing round at a valuation north of $1 billion. What To Know StockX was launched in 2016 and facilitates buying and selling of sneakers, watches, handbags and streetwear. The real-...

Foot Locker, Inc. (NYSE: FL) reported first-quarter earnings of $1.53 per share Friday, missing the analyst consensus estimate of $1.61 by 4.97 percent. The figure is a 5.52-percent increase over earnings of $1.45 per share in the same period last year. Foot Locker reported quarterly sales of $2....

The sentiment of Under Armour Inc (NYSE: UAA) analysts is beginning to shift after the retailer reported a much-needed first quarter sales beat Thursday.  KeyBanc Capital Markets  The first-quarter print points to continued momentum in Under Armour's turnaround, analyst...

Hanesbrands Inc. (NYSE: HBI) has had a remarkable 2019 so far, with shares up over 49 percent year-to-date. The resurgence of the company's Champion brand has certainly played a pivotal role. Champion recently celebrated its 100-year anniversary and has recently harnessed its legacy heritage to...

Footwear maker Crocs, Inc. (NASDAQ: CROX) has seen its stock rise more than $10 per share from around the $15 level last year and now has a balanced risk-reward profile, according to Piper Jaffray. The Analyst Erinn Murphy downgraded Crocs from Overweight to Neutral with an unchanged $31...

Sportswear over performance continues to be the path for growth in athletic apparel, according to a new Baird report.  The Analyst  Baird analyst Jonathan Komp maintained a Neutral rating on Nike with an $87 price target. Komp maintains an Overweight rating on Foot Locker with a $77 price...

Foot Locker, Inc. (NYSE: FL) is receiving some positive analyst coverage after hosting an analyst day Thursday. The Analyst  Credit Suisse analyst Michael Binetti maintained an Outperform rating on Foot Locker and raised the price target from $75 to $77. The Thesis: Binetti said he...

Jim Cramer thinks investors should take advantage of Nike Inc (NYSE: NKE)'s stock, which fell nearly 7 percent last Friday in reaction to its third-quarter results. What Happened Nike's earnings report showed weaker-than-expected North American sales growth, which disappointed investors....