|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||158.09 - 158.61|
|52 Week Range||101.48 - 158.61|
|Beta (3Y Monthly)||0.63|
|PE Ratio (TTM)||35.61|
|Forward Dividend & Yield||1.88 (1.20%)|
|1y Target Est||N/A|
After looking at adidas AG's (FRA:ADS) latest earnings announcement (31 March 2019), I found it useful to revisit the...
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains takes a look at three sportswear stocks to consider buying as the second quarter 2019 earnings season kicks off.
NBA Hall of Famer Shaquille O'Neal tells Yahoo Finance that he has had his eye on Reebok and is interested in possibly becoming part owner of the brand.
Shoes and Retail Apparel makers display robust growth in first-half fiscal 2019 on efforts to innovate and improve customer experience. Here are stocks likely to retain momentum in the second half.
Adidas (ADDYY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 1 (Strong Buy).
DICK'S Sporting (DKS) to open a store in Eastvale, CA this month. Additionally, its strategic efforts to strengthen store network and expand e-commerce capabilities are impressive.
Adidas (ADDYY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Today we are going to look at adidas AG (FRA:ADS) to see whether it might be an attractive investment prospect...
Associate Stock Strategist Ben Rains breakdown Nike's (NKE) fourth-quarter fiscal 2019 financial results and takes a look at what's next for the sportswear powerhouse as it expands its digital business.
Nike could have a competitive advantage over rivals should tariffs on consumer goods increase, says analyst Simeon Siegel of Nomura.
NIKE's (NKE) top line in fourth-quarter fiscal 2019 gains from strength in Wholesale and NIKE Direct businesses as well as solid execution of Consumer Direct Offense. But earnings remain a weak spot.
(Bloomberg Opinion) -- Behold the power of the home-court win. Nike Inc.’s fourth-quarter earnings showed revenue at its North America division rose a robust 7 percent from a year earlier to $4.17 billion, powered by strong growth in sneaker sales. The gain, which exceeded analysts’ expectations, helped offset an earnings-per-share miss that prompted an initial after-hours drop in the stock, from which it recovered. It was an important moment for Nike to show strength in its core market. When the athletic apparel giant had reported third-quarter results back in March, investors punished the stock in part due to weaker-than-expected growth in North America. At the time, executives had sought to assure analysts that challenges there – particularly in the apparel category – reflected the timing of product launches. They said they hadn’t seen any worrisome signals about consumer demand for their clothing in North America. The upbeat results reported Thursday in that segment, and in that geographic region overall, help make the case that Nike’s brand remains quite healthy in this important market.We had gotten earlier cues that this might be a solid quarter for Nike in North America. In May, Kohl’s Corp. had called out Nike (and its competitors Under Armour Inc. and Adidas AG) for driving a robust “mid-single-digit” increase in active-wear sales in the quarter – a bright spot in otherwise dismal results for the department store. Dick’s Sporting Goods Inc. executives said during a May earnings conference call the company was “very pleased” with its Nike business.The results add to evidence that Nike should remain a rare place of calm during a stormy moment for the clothing business, a place where sales remain healthy even as margin-eating discounts bring pain to other corners of the industry and as retailers’ woes force some to close stores. It’s true that the potential for new tariffs of $300 billion worth of Chinese goods, including clothes and shoes, could rattle the entire U.S. apparel business. But at least Nike will be weathering that challenge, should the levies be enacted, from a position of strength.A couple of years ago, I was worried that Nike was starting to lose some of its product-development magic. It seemed to be struggling to react to cooling interest in basketball shoes and straining to fight back against encroachment from red-hot Adidas. But it appears that Nike’s recent efforts to speed and revamp its innovation pipeline are paying off, with offerings such as VaporMax and Air Max Dia getting a favorable reception from shoppers. That should help Nike hold its own not just at home, but in crucial growth markets such as China. And other types of product innovation, such as in its sports-bra lineup, should help it continue to make inroads with women shoppers – an important pillar of its near-term growth plans.All of that should complement the difficult work Nike has done to reshape its wholesale presence and lure shoppers to its membership program and SNKRS app.Nike has put some serious sweat into making sure it can continue to grow at home even as malls struggle and the athleisure trend wanes. This quarter it showed the hustle is paying off. To contact the author of this story: Sarah Halzack at email@example.comTo contact the editor responsible for this story: Beth Williams at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Sarah Halzack is a Bloomberg Opinion columnist covering the consumer and retail industries. She was previously a national retail reporter for the Washington Post.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
3-D printing unicorn Carbon, a frequently mentioned IPO candidate, on Tuesday announced a new funding round of over $260 million, hiking its overall total to $680 million and giving it a valuation of $2.4 billion.
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into what investors should expect from Nike's (NKE) Q4 fiscal 2019 financial results that are due out Thursday.
Shares of Nike (NKE) have fallen nearly 4% over the last three months after the sportswear powerhouse warned Wall Street of slowing growth last quarter. Here's what to expect from Nike's top and bottom lines, as well as its key regions: China and North America.
Adidas has failed in an attempt to broaden trademark protection for its three-stripes symbol in the European Union as rivals seek to muscle into the market for striped shoes and clothing. Adidas had tried to establish a wider trademark for "three parallel equidistant stripes of equal width applied to the product in whichever direction". The German sporting goods company has trademark protection for its slanted three-stripe logo.
More and more brands are using footwear to advertise their products by way of collaborating with sneaker manufacturers on custom designs.
Shaquille O'Neal wants to get in on the sneaker game as he told CNBC that he would like to buy Reebok. Yahoo Finance's Adam Shapiro and Julie Hyman discuss with the panel.
The sneaker market is hot and so is investing in sneaker companies. One online sneaker resale platform is now worth $1 billion. Josh Luber, Stock X co-founder, and Scott Cutler, Stock X CEO, joins the panel along with Yahoo Finance's Reggie Wade.