67.69 -0.30 (-0.44%)
Pre-Market: 7:00AM EDT
|Bid||67.65 x 1200|
|Ask||67.70 x 1200|
|Day's Range||66.36 - 68.16|
|52 Week Range||32.81 - 70.00|
|PE Ratio (TTM)||17.80|
|Earnings Date||Aug 6, 2018 - Aug 10, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||72.00|
Under Armour (UAA) was the worst-performing S&P 500 apparel stock in 2017. It plunged a massive 50% during the year. Some other apparel players had stellar performances that year. PVH (PVH), Gap (GPS), and Michael Kors (KORS) surged 52%, 52%, and 46%, respectively. Sportswear competitors Nike (NKE), Columbia Sportswear (COLM), and Lululemon Athletic (LULU) rose more than 20% that same year.
Fossil's (FOSL) stock appears promising, courtesy of its strong wearable business, e-commerce expansion strategy and New World Fossil program.
Jefferies analyst Randal Konik was out with a note in which he downplayed the Street's Amazon fears, recommending that investors go long on shares of Foot Locker Inc. ( FL), Gap Inc. ( GPS), Michael Kors Holdings Ltd. ( KORS) and Kohl's Corp. ( KSS).
The Rock’s Project Rock 1 shoes from Under Armour Inc. (UA)(UAA) were released on May 28 in limited quantities through the company’s website and in Brand Houses across the country, and sold out in 30 minutes. “We like to think of Dwayne as our motivator of the masses,” said Adrienne Lofton, senior vice president of global brand management at Under Armour. More recently, analysts expressed concern about high inventory levels after first-quarter earnings were announced, with fears that it could put margin pressure on Under Armour and hamper growth.
Michael Kors Holdings Limited , a global fashion luxury group, today announced that the company will be presenting at the Deutsche Bank dbAccess Global Consumer Conference in Paris, on Tuesday, June 12, 2018, at 11:15 AM CEST.
DKNY parent G-III Apparel, which licenses many top fashion brands, reported a surprise first-quarter profit, sending the stock soaring early Tuesday.
Investors were pleased with PVH’s (PVH) first-quarter results, reported after the market closed on May 30. Its stock price surged ~3% on May 31. Guess (GES) and Michael Kors (KORS), which also reported their quarterly earnings on May 30, saw their stock fall 11% and 19%, respectively. Interestingly, both companies beat top- and bottom-line expectations.
As we’ve discussed in this series, PVH (PVH) reported better-than-expected first-quarter results on May 30. While analysts didn’t change their ratings for PVH after the results, a few raised their price targets, including: Citigroup (to $179 to $174) Telsey Advisory (to $185 from $170) JPMorgan Chase (to $180 from $175) Buckingham Research (to $188 from $187)
Michael Kors Holdings Ltd. Chief Executive John Idol talked up the company’s better-than-expected fourth-quarter revenue, but investors are more concerned with weak sales growth going forward, sending shares down 11.5% in Wednesday trading. Michael Kors (KORS)reported revenue of $1.18 billion, up from $1.06 billion last year and just ahead of the $1.15 billion FactSet consensus. Jimmy Choo contributed $107.9 million.
Many of the women’s yoga pants on the Lululemon Athletica Inc. website are priced at $98, and customers seem to have no problem paying the price. “The important perspective is that while Lululemon is still very much a growth company and one of the few retailers growing square footage in the low-double-digit range, the last time it achieved 20% comp was in 2011 when Lululemon generated just $1 billion in sales,” wrote MKM Partners analyst Roxanne Meyer.
As we’ve discussed in this series, Michael Kors (KORS) beat market expectations for both its top and bottom lines during the fourth quarter. Around $570 million to $580 million is likely to come from the Jimmy Choo acquisition. Michael Kors’s comps are likely to stay flat, driving retail sales at a mid-single-digit rate.
Michael Kors (KORS) reported a 13.7% decline in fourth-quarter earnings, which stood at $0.63. The company, however, delivered better than Wall Street expectations of a 17.8% YoY (year-over-year) decline to 60 cents.
The New York-based Michael Kors Holdings Limited (KORS) reported its results for the fourth quarter of 2018 on Wednesday. The results relate to the three-month period ending March 31.
Europe and Asia continued to show strong momentum, recording sales growths of 24.2% and 32.6%, respectively. US retail sales continued to be a laggard, falling 1.4% on a reported basis and 2.1% on a constant currency basis.
NEW YORK, NY / ACCESSWIRE / May 31, 2018 / Both Michael Kors and Movado Group released quarterly results that beat expectations but Michael Kors shares plummeted instead of seeing the gains that Movado did. Movado closed up 16.59% and even hit a new high after releasing its first quarter results. Michael Kors shares sunk over 11% as analysts chimed in on the company’s weak Jimmy Choo sales and other concerns.
Strength across PVH Corp's (PVH) global businesses, alongside persistent momentum at Calvin Klein and Tommy Hilfiger, aids first-quarter fiscal 2018 results to exceed expectations.
The Dow Jones Industrial Average soared more than 300 points today, making back nearly all of yesterday's Italy-related drop. •...explain why Monster Beverage (MNST) was the best-performing stock in the S&P 500. The Dow Jones Industrial Average gained 306 points today.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after the Trump administration released details on the latest round of China tariffs, to which China has responded in kind. In other news, the June Empire State Manufacturing Survey beat Wall Street expectations on nearly every front.
Cuyana Co-Founder Shilpa Shah joins Yahoo finance's Seana Smith, Jen rogers and BBG Ventures Founding Partner Susan Lyne to discuss everything from getting started in the fashion world to the company's new store in NYC.