|Bid||0.00 x 23000|
|Ask||0.00 x 21400|
|Day's Range||54.50 - 55.06|
|52 Week Range||42.72 - 57.05|
|PE Ratio (TTM)||50.43|
|Forward Dividend & Yield||0.65 (1.15%)|
|1y Target Est||N/A|
The Commission on College Basketball, assembled in the wake of a widespread NCAA bribery probe, has given its official recommendations for how to clean up the sport.
The company cruised ahead of the consensus expectations by $50 million, making it the sixth straight top-line beat. Robert Greenberg, the chief executive officer of Skechers, applauded the company’s performance and said, “We truly felt 2017 was a banner year, but yet again we surpassed our expectations and hit a new quarterly sales record. International wholesale and domestic wholesale businesses expanded 17.9% YoY and 8.5% YoY, while the global retail business grew 26.4% during the quarter.
Everyone and their brother has heard the term "disruption" in news reports about technological advancements hurting legacy companies. Think Amazon versus the local bookstore. Earlier this week, HSBC published a 126 report listing 15 sectors of the economy at the greatest risk of technological disruption, the companies facing the most risk, as well as those ready to gain from it.
Skechers (SKX) investors were concerned after the company reported its 1Q18 earnings last week. Though the footwear retailer outdid Wall Street expectations on both top and bottom lines, its second-quarter guidance left investors fretting. The stock plunged 27% on Friday, April 20, and another 5% on Monday, April 23. The company is now among the worst-performing sportswear stocks with YTD (year-to-date) losses of about 23%. Wall Street also took some quick action on the company by lowering its ratings and cutting its price target.
Did the “Amazon effect” play more than a cameo role in the Kardashians’ decision to shutter their chain of boutiques? The first family of reality television is pulling the plug on the fashion boutique chain, Dash. Kim Kardashian West, who launched the first boutique in Calabasas, Calif., in 2006, with her sisters Kourtney and Khloé, said last week that the family had simply become too busy with other projects.
Nike Inc.’s Converse brand lost its chief marketing officer to streetwear label Supreme, people familiar with the situation said.
Shares of Under Armour Inc. ( UAA) continue to make comeback this year, gaining nearly 4% on Monday on an upbeat note from a team of analysts who indicate that investors are underestimating the athletic apparel and footwear maker's opportunities in international markets. The Baltimore-based sneaker maker, which heads off against U.S. rival Nike Inc. ( NKE), the world's largest athletic apparel company, and revived German competitor Adidas AG ( ADDYY) has been met with criticism on the Street regarding its tarnished brand identity and its failure to keep up with its peers to meet evolving consumer preferences and navigate a shift to online shopping. Deutsche Bank analyst Paul Trussell wrote a note to clients indicating while wholesale trends in North America continue to face pressure, weakness should be offset by a "rapidly growing" international business.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
German sportswear maker Puma (PUMG.DE) is working on contingency plans to move some production from China to other Asian markets if U.S. tariffs are imposed on footwear, its chief executive said on Tuesday. Puma reported that strong demand in China helped power a jump in first-quarter sales and earnings, but cautioned that the threat of a U.S.-China trade war was tempering its optimism for the rest of the year. Puma currently makes about a third of its products in China and is looking into moving sourcing of footwear to countries like Vietnam and Indonesia, and apparel to Cambodia and Bangladesh, said CEO Bjorn Gulden.
Behind the Design is a series of sleek and concise videos about the design of everyday objects we take for granted. This episode tells the story of how radical architecture gave a designer the idea behind ...
Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included big cloud plays, a leading retailer and a social media giant. Bearish calls included an electric ...
Apr.23 -- Behind the Design is a series of sleek and concise videos about the design of everyday objects we take for granted. This episode tells the story of how radical architecture gave a designer the idea behind Nike's most iconic sneakers. (Video by Leila Hussain)