|Bid||0.00 x 800|
|Ask||0.00 x 2200|
|Day's Range||35.42 - 36.18|
|52 Week Range||17.52 - 39.13|
|Beta (3Y Monthly)||1.03|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The ongoing pro-democracy protests in Hong Kong have ravaged the region and are threatening the safety and livelihood of residents — and businesses.
It was a good day on Wall Street Thursday as the three major indexes all flexed higher in intraday trading to continue the longest economic expansion in history.
Capri Holdings' (CPRI) Michael Kors brand register positive comparable store sales during the second quarter. The company reaffirms fiscal 2020 revenues and earnings projection.
Following first-quarter results, Tapestry (TPR) continues to anticipate fiscal 2020 revenues increase at a low-single-digit rate from the prior year.
The Zacks Analyst Blog Highlights: Unifi, BioDelivery Sciences International, Crocs, Anika Therapeutics and Plexus
Crocs (CROX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Possibility of at least an interim trade deal between the largest trading countries of the world boosted investors' confidence on risky assets like equities.
Thanks to better-than-expected GDP growth in October and NRF's strong forecast on holiday sales, this seems to be a good time to invest in consumer discretionary stocks.
The Zacks Analyst Blog Highlights: Crocs, Universal Forest Products, CURO Group, Sterling Construction Company and Casella Waste Systems
Crocs (CROX) delivered earnings and revenue surprises of 39.02% and 3.37%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Crocs Inc. stock rose 5.6% in Wednesday premarket trading after the shoe company reported third-quarter earnings that beat expectations and raised its guidance. Net income totaled $35.7 million, or 51 cents per share, up from $6.5 million, or 7 cents per share, last year. Adjusted EPS was 57 cents, well ahead of the FactSet guidance for 39 cents. Revenue totaled $312.8 million, up from $261.1 million, and beating the $302.0 million FactSet guidance. For the fourth quarter, Crocs expects revenue between $245 million and $255 million. FactSet is guiding for revenue of $244 million. And for the full year, Chief Executive Andrew Rees said in a statement that revenue is expected to grow 11% to 12% year-over-year "based on the strength of our recent performance and start of the fourth quarter," up from previous guidance of 9% to 11% growth. That would bring annual sales to a record, he said. FactSet is guiding for revenue of $1.2 billion, implying 10.4% growth. For 2020, Crocs expects 12% to 14% revenue growth versus 2019. Crocs stock has gained 57.2% over the last year while the S&P 500 index is up 13.2% for the period.
The U.S. economy is likely to maintain its long-term growth albeit at a slow pace. Consequently, investment in stocks with strong growth potential will be lucrative.