62.17 0.00 (0.00%)
After hours: 4:55PM EST
|Bid||61.90 x 500|
|Ask||62.18 x 100|
|Day's Range||61.65 - 62.53|
|52 Week Range||50.35 - 62.53|
|PE Ratio (TTM)||26.47|
|Forward Dividend & Yield||0.80 (1.32%)|
|1y Target Est||N/A|
For example, this summer NKE stock fell 4% on a bad shoe-store headline. Year-to-date, NKE stock is up 20% whereas the SPDR S&P Retail (ETF) (NYSEARCA:XRT) is flat. Foot Locker, Inc. (NYSE:FL) and Macy’s Inc (NYSE:M) are down 40%.
Lululemon Athletica (LULU) reported 3Q17 results on December 6, 2017. The company reported better-than-expected top-line and bottom-line numbers.
A little more than a couple years ago, yours truly here opined that Amazon.com, Inc. (NASDAQ:AMZN) might regret its foray into the fashion world. Designers and manufacturers with a finger on the pulse of what’s actually selling and where “looks” are going are still setting the pace Amazon is following. From a pure revenue-generating standpoint though, Amazon has become an undeniable force in the apparel arena, too.
When a stock is as beaten down as Under Armour Inc. (NYSE:UAA), down 56% in the last year, a smart investor looks for signs of life. The best sign, in this case, is that the company has recognized its problems and is bringing in a team to address them. UAA stock could make a comeback.
Amazon’s taking steps to grow its apparel market shares, with Instinet analysts drawing comparisons to other sectors where the e-commerce giant has become dominant.
Yahoo Finance’s Jared Blikre breaks down the latest news for investors as the Federal Reserve begins its two-day FOMC meeting, having telegraphed to investors to expect a 25 bps (0.25%) raise in its benchmark federal funds interest rate.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss what will be driving the markets for stocks, bonds and derivatives this week.