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Experts React To Nike's Q3: Were Expectations Too High?
Friday, March 22, 2019 - 10:08am | 470Read More...Nike Inc (NYSE: NKE) reported fiscal third-quarter results Thursday that sent the stock lower as investors showed signs of concerns with poor North American sales. Poser: Expectations Were High Nike was up against high expectations in the recent quarter, and when investors take a...
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Analysts Mixed On Foot Locker Following Strong Q4 Earnings
Monday, March 4, 2019 - 5:49pm | 424Read More...Foot Locker, Inc. (NYSE: FL) last week reported fourth-quarter results that came in better than expected across multiple metrics and an encouraging outlook to 2019. Despite the stock's initial strong reaction, some Street analysts aren't running away with it. Morgan Stanley: Concerns Into...
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The Street Debates Skechers Q4: Sustainable Momentum Or One-Off Quarter?
Friday, February 8, 2019 - 12:47pm | 727Read More...Skechers USA Inc (NYSE: SKX) reported Thursday afternoon with a strong fourth-quarter earnings report and encouraging first-quarter guidance. Here's how the Street reacted to the footwear company's print and outlook. The Analysts Cowen's John Kernan maintains a Market...
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As Nike Rebounds, So Does Foot Locker, Says Bullish Jefferies
Friday, January 25, 2019 - 3:14pm | 468Read More...With the fourth quarter almost in the books, Jefferies sees several encouraging signs from Foot Locker, Inc. (NASDAQ: FL). The Analyst Jefferies analyst Janine Stichter maintains a Buy rating and raises her price target from $62 to $67. The Thesis Foot Locker’s business continues to...
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What's Next For Nike's Stock After Crushing Earnings?
Friday, December 21, 2018 - 9:48am | 400Read More...Nike, Inc. (NYSE: NKE) handily beat expectations in its fiscal second-quarter earnings report Thursday, but two experts see the stock moving in different directions in 2019. Chart Pro: Technicals Were 'Falling Apart' Heading into Nike's earnings print, the stock was trading lower...
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DSW Delivers Strong Quarter, But Camuto Acquisition Keeps Canaccord Neutral
Wednesday, December 12, 2018 - 5:35pm | 429Read More...DSW Inc. (NYSE: DSW) delivered an impressive third-quarter beat Tuesday, but complexities and uncertainty around the business are keeping a notable analyst on the sidelines. The Analyst Canaccord Genuity analyst Camilo Lyon maintains a Hold rating and raised the price target from $27 to $28....
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Vans' Popularity Hits All-Time High Among Teens In Piper Jaffray Survey
Thursday, October 25, 2018 - 9:49am | 468Read More...VF Corp (NYSE: VFC)'s Vans brand is reaching all-time high levels of popularity among teens, according to Piper Jaffray. The firm's semi-annual "Taking Stock With Teens" survey saw Vans hit its highest numbers in the study's history at 19 percent mindshare, the closest...
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Is Nike A Tech Company? Oppenheimer Says A Transformation Is Underway
Thursday, October 18, 2018 - 2:32pm | 298Read More...Few investors consider Nike Inc (NYSE: NKE) a tech stock, but Oppenheimer said in an upgrade note that a "technological evolution is underway." The Analyst Oppenheimer's Brian Nagel upgraded Nike from Perform to Outperform with a $90 price target. The Thesis Nike continues to...
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Cowen: StockX's Influence In Footwear Is Accelerating After $44M Funding Round
Tuesday, October 16, 2018 - 4:09pm | 484Read More...The influence of the Detroit-based sneaker marketplace StockX in footwear is accelerating, according to Cowen. StockX recently raised $44 million in Series B funding, which increases its potential for marketplace disruption, analyst John Kernan said in a Monday note. The funding round,...
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2 Reasons Why Skechers Is No Longer A Buy At Citi
Tuesday, October 2, 2018 - 12:10pm | 392Read More...Shares of lifestyle and performance footwear maker Skechers USA Inc (NYSE: SKX) are down nearly 30 percent since the start of 2018, and investors may want to reconsider buying the stock, as it has limited near-term upside, according to Citi. The Analyst Citi's Kate McShane downgraded...
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Cowen Downgrades Skechers, Says Shoemaker Faces Forex, Inventory Pressures
Thursday, September 20, 2018 - 10:20am | 475Read More...Skechers USA Inc (NYSE: SKX) shares are down 27 percent year-to-date, but given the shoemaker's large valuation gap to peers, Cowen anticipates additional declines. The Analyst Cowen analyst John Kernan downgraded Skechers from Outperform to Market Perform and...
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Wells Fargo Upgrades Foot Locker On Nike Developments, Projects Comp Acceleration
Monday, September 10, 2018 - 9:26am | 425Read More...After Nike, Inc. (NYSE: NKE)’s launch of new advertising and an improved brand assortment, Wells Fargo is turning bullish on partner Foot Locker, Inc. (NYSE: FL) The Analyst Wells Fargo's Tom Nikic upgraded Foot Locker from Market Perform to Outperform and raised the price...
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NPD Group: Vans A Winner In Weak Back-To-School Season
Tuesday, August 28, 2018 - 2:46pm | 554Read More...The sales data more than halfway through the 2018 back-to-school season has been disappointing, according to a report from retail sales tracker NPD Group. From June 3 through July 28, sales of athletic footwear in the U.S. were essentially flat year-over-year, said NPD analyst Matt Powell....
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Pivotal Downgrades Columbia Sportswear Ahead Of Q2 Report
Wednesday, July 25, 2018 - 3:18pm | 379Read More...Apparel and footwear company Columbia Sportswear Co (NASDAQ: COLM) is scheduled to report its second-quarter results after Thursday's close and investors should no longer be buyers ahead of the print, according to Pivotal. The Analyst Pivotal Research Group's Mitch Kummetz downgraded...
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After Skechers Issues Weak Guidance, Wells Fargo Predicts First Annual EPS Decline Since 2011
Friday, July 20, 2018 - 10:52am | 443Read More...After Skechers USA Inc (NYSE: SKX) disappointed investors with its second-quarter earnings report and third-quarter guidance Thursday, Wells Fargo said it's lost confidence the footwear maker's earnings trajectory. The Analyst Wells Fargo's Tom Nikic downgraded...















