|Bid||36.60 x 1000|
|Ask||37.98 x 800|
|Day's Range||36.03 - 37.30|
|52 Week Range||31.67 - 72.27|
|Beta (3Y Monthly)||3.36|
|PE Ratio (TTM)||54.01|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||32.90|
Shares of Canada Goose plunging today after the company reported fiscal fourth quarter earnings that misses revenue expectation and warned of slowing future sales. Andy Serwer joined The Final Round to discuss.
Over the past 4 quarter, LULU has moved double-digit percentages on earnings reports, keeping investors and traders on their toes.
It's time to dive into what investors should expect from Lululemon's (LULU) first quarter fiscal 2019 financial results that are due out after the closing bell Wednesday.
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into connected stationary bike firm Peloton Interactive Inc. after it filed confidentially for an initial public offering.
[Editor's note: This story was previously published in March 2019. It has since been updated and republished.]My InvestorPlace colleague Dana Blankenhorn recently wrote about the death of retail stocks. His conclusion was simple: Only those retailers who are saving people time and/or money will survive. End of story. InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhether they're shopping with brick-and-mortar, online only, or omnichannel entities, consumers are no longer interested in a leisurely stroll at the mall. They want to get in and get out. Even better if they never have to step foot in one ever again. Of course, I'm simplifying Dana's conclusions. He does mention several old school retailers who're doing well including Kohl's (NYSE:KSS) and Target (NYSE:TGT), but if you work in retail and are looking for a happy ending, Dana's not the person to perk you up. I don't see retail in quite the same light. Sure, stores are still closing, but it's my belief that everything happens for a reason. In this case, retailers opened too many stores, and landlords willy-nilly took on their leases with no thought about the long-term health of their malls. * 6 Big Dividend Stocks to Buy as Yields Plunge But despite all the doom and gloom, across the globe, there continue to be stories of retail stocks winning in 2019 and beyond. These are my best bets when it comes to retail stocks to buy. Tractor Supply (TSCO)Any time I read a story about this Tennessee-based lifestyle retailer, I'm tickled pink. I haven't written about Tractor Supply (NASDAQ:TSCO) much in recent years -- I recommended TSCO stock in March 2015 shortly after it was added to the S&P 500 -- so when I saw Market Watch contributor Tonya Garcia's story about the company, I just had to put it on my list. As Garcia states, Tractor Supply serves consumers looking for the rural lifestyle. The weekend warrior if you will. "We sell everything else but the tractor. Anything for an authentic rural lifestyle," Mary Winn Pilkington, vice president of investor relations and PR at Tractor Supply, told Marketwatch. "We like to say that our team members not only know our customers names, we know their animals names."The beauty of Tractor Supply is that almost everything it sells you can buy elsewhere. However, by going to TSCO, you're avoiding multiple stops. That's one of its biggest advantages. The other is a loyalty program 11-million strong that generates half its annual revenue. Should the economy go in the tank, Tractor Supply is a retail stock that won't be nearly as vulnerable to shifting consumer sentiment, making it a relatively safe retail stock to buy. Lululemon (LULU)Although I didn't pick Lululemon (NASDAQ:LULU) in InvestorPlace's 10 Best Stocks for 2019 -- that honor goes to Canada Goose (NYSE:GOOS) which I discuss below -- I kind of wish I had. I got my wife a LULU gift card for our wedding anniversary in February. We recently stopped in at the only Lululemon store currently open in Halifax, Canada; it was packed on a Saturday afternoon. So busy, in fact, that we decided to leave because we couldn't get any service. Now don't misinterpret what I'm saying. Would I have liked to have gotten better service? Sure. But if you know anyone who's worked in retail for a long time, sometimes a store gets so busy, service standards go out the window. I've been in plenty of LULU stores and know it generally brings good service to the table. I've been recommending LULU stock for a number of years because its apparel for both women and men is outstanding. So too are its same-store-sales growth and profit margins. It also doesn't hurt that analysts like it. "Lululemon has an enviable competitive position with a powerful combination of highly productive stores, aspirational proprietary product, a healthy e-commerce channel, and the potential to still more than double revenue as the concept continues to expand around the globe," analysts from William Blair wrote. * 6 Big Dividend Stocks to Buy as Yields Plunge I couldn't agree more. Canada Goose (GOOS)Although I picked Canada Goose as the best stock for 2019, I personally wouldn't own it given I disagree with its treatment of coyotes and geese. Recently, Bill Maher, the host of HBO's hit show, "Real Time," had some not-so-kind words for the company. "New rule: No more d**ches. I mean the hipster d**ches who piss away $1,000 on a Canada Goose parka and the hipsterazzi who max out their credit cards to look like them," Maher said. He went on to describe how coyotes and geese are mistreated in the name of commerce. To be fair, Canada Goose maintains that PETA misrepresents the truth and has for some time. Suffice to say, it's an ongoing debate. However, just because I disagree with the company's choice of materials, doesn't mean I can't defend its business model. From a purely business perspective, its sales growth, profit margins, and perfect balance between wholesale, brick-and-mortar, and e-commerce makes it a very competitive retailer. CEO Dani Reiss is a billionaire as a result of the company's success, and its continued success makes it a good stock to buy. If he and all of the other Canada Goose employees can sleep at night, who am I to doubt the veracity of its claims? Best Buy (BBY)MarketWatch contributor Jeff Reeves recently published an article that counters the idea that brick-and-mortar retail is dead. Best Buy (NYSE:BBY) and the next two stocks that follow are three of Jeff's ideas that I also believe make sense. The Best Buy of today is nothing like the struggling electronics retailer CEO Hubert Joly took over in 2012. In six years, it's figured out how to utilize its overly large real estate footprint, and to battle Amazon (NASDAQ:BBY) in the e-commerce arena, something no one could have imagined it could do when Joly came on board. It's one of the biggest success stories in 21st century retail. On February 27, Best Buy announced adjusted earnings per share in the fourth quarter of $2.72, 16 cents higher than the consensus estimate. Equally as impressive, analysts expected same-store-sales growth of 1.8% in the quarter. It delivered 3%, well ahead of expectations. To celebrate the solid year, Best Buy also announced it was increasing its quarterly dividend by 11% to $0.50 a share. Paying $2 on an annual basis, BBY stock yields a healthy 3.15%. In fiscal 2020, analysts, on average, expect to report earnings per share of $6, putting its forward EPS at a very affordable ten. * 6 Big Dividend Stocks to Buy as Yields Plunge As long as Joly is in the top job, all is well at Best Buy, and it's a good stock to buy. Bed, Bath & Beyond (BBBY)Although Best Buy and Bed, Bath & Beyond's (NASDAQ:BBBY) stock tickers are very similar, the state of their businesses, not to mention their respective valuations, are entirely different. As Reeves suggested, BBBY is a value play, trading at 6 times the consensus forward earnings estimate and 0.14 times sales. Before we get too excited, it's important to remember that Bed, Bath & Beyond's business has been in decline for a couple of years. A better-than-expected Q3 2018 report in January helps, but when you've been experiencing declining same-store sales for several quarters, that's not going to get BBBY's stock price back into the $80s where it traded in 2015. On the plus side, BBBY finished the third quarter with $1 billion in cash and short-term investments, double the amount a year earlier. In the first nine months of 2018, Bed, Bath & Beyond's free cash flow was $408 million, 79% higher than in the same period last year. I could think of worse things to do than getting paid $0.64 annually in dividends (4.1% yield) while you wait for BBBY stock to revert to its historical norms. It's not a slam dunk mind you, but if you're a value investor, it's still reasonably cheap. Five Below (FIVE)After three consecutive years with annual total returns of 20% or more, discount retailer Five Below (NASDAQ:FIVE) appears to be taking a breather so far in 2019. I first jumped on the Five Below bandwagon in April 2017 arguing that its $5 or less concept was very attractive to teens and pre-teen customers. As a result, it would deliver strong returns for shareholders over the next decade. I still feel this way. On March 7, Oppenheimer initiated coverage of the company with an "outperform" rating. "It operates a unique and defensible small-store format and enjoys significant opportunity for further, outsized unit expansion, for the foreseeable future," Oppenheimer analysts stated in a note to clients. "Improving brand recognition and a superior merchandising acumen position FIVE to capture share as other, less well-positioned operators falter… In our view, investors are apt to continue to pay up for industry-leading sales and EPS growth prospects. * 6 Big Dividend Stocks to Buy as Yields Plunge Oh, and case you're wondering about the quality of management, CEO Joel Anderson used to be the CEO of Walmart's (NYSE:WMT) online division before joining Five Below in 2014. LVMH (LVMUY)Unless you live in Europe, you might not have heard of Bernard Arnault, CEO of LVMH (OTCMKTS:LVMUY), the company behind Christian Dior, Louis Vuitton, Glenmorangie, Veuve Clicquot, Guerlain, TAG Heuer, DFS, and Sephora. On March 7, Arnault moved into third place on the Bloomberg Billionaires Index with a net worth of $83.1 billion, surpassing Warren Buffett.Arnault got started in luxury goods in 1984, buying the bankrupt company that owned Christian Dior. Selling all of that company's assets (except for Dior), he piled that money into buying a majority stake in LVMH. The rest is history. In February, rumors started to circulate that LVMH was interested in acquiring Pernod Ricard (OTCMKTS:PDRDY), the French-based spirits company, whose brands include Chivas Regal, Absolute, Havana Club, and Jameson. While the Pernod-Ricard brands aren't nearly as high end as LVMH's, a possible deal in partnership with Diageo (NYSE:DEO) could allow it to buy back the 34% Diageo holds in LVMH's drinks business.With LVMH and Five Below in your portfolio, you'll cover the entire spectrum of consumer taste. As of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Heavily Shorted Stocks to Sell -- Because the Bears Are Right * 7 Bank Stocks to Leave in the Vault * 7 Stocks for You to Profit From (Legal) Insider Trading Compare Brokers The post 7 Retail Stocks Winning in 2019 and Beyond appeared first on InvestorPlace.
We take a look at why Deckers Outdoor Corporation (DECK), Columbia Sportswear (COLM), and Under Armour (UAA) are all Zacks Rank 2 (Buy) stocks right now.
Canada Goose was downgraded at Bank of America a day after the company reported a sales miss and its stock took a plunge topping 30%.
Canada Goose and Abercrombie & Fitch got pummeled by the market. Shares of Dick’s Sporting Goods actually rose, but in context, there wasn’t much to smile about.
Canada Goose Holdings Inc (NYSE: GOOS ) reported Wednesday fiscal fourth-quarter results, which prompted a 30-percent plunge in the stock. Should investors be buyers of the dip? The Street debates what's ...
Abercrombie (ANF) delivers strong first-quarter fiscal 2019 results as comps turn positive at the A&F brand and operating expenses decline.
DICK'S Sporting (DKS) delivered better-than-expected first-quarter fiscal 2019 results driven by solid same-store sales performance. Also, it raised its bottom line and comps view for fiscal 2019.
Canada Goose reported an earnings beat driven mostly by outperformance in wholesale revenue, Ohmes wrote in the note. The DTC business showed a growth rate of 29.1 percent which was in line with expectations. In fact, the earnings report marks an end to a streak of "significant" DTC outperformance that dates back to March 2017.
The maker of expensive winter coats reported that its first quarter revenue grew 25 percent—but that’s the slowest rate of growth in two years. For years, Canada Goose shares have been rising as its coats became an expensive fad—and the company started opening up its own stores.
A trio of companies posted historic stock declines Wednesday: Abercrombie & Fitch Co., Canada Goose Holdings Inc. and Michael Kors owner Capri Holdings Ltd., together erasing about $2.9 billion in market capitalization. For Abercrombie, weakening sales cast doubt on the company’s affirmation that it’s in the midst of a sustained rebound. Capri trimmed its sales outlook for the year amid foreign currency weakness and lower revenue from wholesale.
The athletic apparel industry may be in for another challenging back-to-school season . Bank of America analyst Robert Ohmes said in a Tuesday note he remains cautious on Foot Locker, Inc. (NYSE: FL ), ...
Selling pressure is starting to grip Wall Street, pushing the indices lower on Wednesday. Will the pressure keep up as we look to June? Let's look at a few top stock trades on the day. Top Stock Trades for Tomorrow 1: Dick's Sporting Goods Click to EnlargeDick's Sporting Goods (NYSE:DKS) initially rallied on Wednesday after it reported earnings. However, those gains gave way as the retail sector -- weighed down by Abercrombie & Fitch (NYSE:ANF) and Canada Goose (NYSE:GOOS) -- came under pressure.InvestorPlace - Stock Market News, Stock Advice & Trading TipsDKS stock is now knifing through key support. Shares are finding the 10-week moving average as resistance, while cutting right through the 50-week and the 200-day moving average. Further, the 61.8% retracement for the one-year range is also above current levels, at $33.66. * 7 Stocks to Sell After Earnings Destroyed Their Long-Term Stories If the stock can reverse and reclaim this level, then perhaps it can rally back to its 200-day up near $35.70. In that scenario, we'd have to see if this level acts as resistance. If so, the recent lows can in store for another test.Should shares continue lower, the $29.50 to $30 area could be eventual resting spot. Top Stock Trades for Tomorrow 2: Exxon Mobil Click to EnlargeShares of Exxon Mobil (NYSE:XOM) continue to find resistance in that $83 to $85 range. The question now is, where does support come into play?Over the last five years, investors have had success buying this stock in the $68 to $71 range. If the bottom of that range fails as support, it's hard to believe XOM tests downtrend support in the low $60s…but you never know.On a rebound, see how Exxon handles the $75 to $77 area, where there's a conflux of moving averages. Top Stock Trades for Tomorrow 3: Johnson & Johnson Click to EnlargeJohnson & Johnson (NYSE:JNJ) is getting slugged on the day, down more than 5%. Shares are below $130, which has me leery moving forward.Above $130 and a rebound up to $134+ is possible. Should $130 act as resistance though, JNJ may need to test prior support down near $124. This is a high-quality name, so if we see some broad market selling pressure going into June, this one should find its way onto investors' shopping list. Top Stock Trades for Tomorrow 4: Lululemon Athletica Click to Enlarge$165 has been post-gap support for Lululemon Athletica (NASDAQ:LULU). That is until Wednesday. Shares broke below this level as well as the 50-day moving average.It's very possible that Lululemon remains one of the few retailers that aren't struggling right now. But with all the negativity in the sector and the big gains in LULU, investors aren't passing up the chance to book some gains.Let's see if $158 can prop up the name. If not, $150 could be on the table. There it will find the 200-day moving average as well as the 38.2% retracement for the one-year range. An overshoot down to ~$146 fills the gap from March. * 7 Stocks to Buy for June On a rebound, see how LULU does with its 20-day and 50-day moving averages.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for June * 7 Stocks to Buy From One of America's Best Pension Funds * 4 Consumer Staples Stocks for Both Income and Growth Compare Brokers The post 4 Top Stock Trades for Thursday: DKS, LULU, XOM, JNJ appeared first on InvestorPlace.
The Dow Jones Industrial Average led another bearish session for stocks, as did apparel makers. Chips rebounded some. The Nasdaq is testing the 200-day.