|Bid||51.50 x 100|
|Ask||0.00 x 0|
|Day's Range||61.30 - 62.22|
|52 Week Range||50.35 - 62.22|
|PE Ratio (TTM)||26.36|
|Earnings Date||Dec 21, 2017|
|Forward Dividend & Yield||0.80 (1.32%)|
|1y Target Est||58.99|
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.
Subscribe to the Quartz Obsession newsletter for this daily digression into the most fascinating corners of the global economy. The sports bra turns 40 this year, but don’t expect to see a midlife crisis: We’re comfortably ensconced in an athletic undergarment renaissance. The past three years have seen the strongest US rise in sports bra…
Share of Nike (NKE) are higher on Friday, and Guggenheim thinks they can vault higher. Analyst Robert Drbul and his team reiterated a Buy rating and $68 price target on the athletic shoe and apparel maker today, ahead of its earnings report later this month. Drbul also raised his full-year earnings estimates for fiscal 2018 and fiscal 2019, citing an improved North American retail market. Drbul calls Nike his "best idea," and lists five reasons why the stock has an appealing risk-reward profile: 1) the global cachet of the brand, 2) NKE's continued investments towards the blending of physical/digital (both owned and partnered), 3) an ambitious, but achievable long-term growth strategy, 4) an industry leading pipeline, and 5) a strong balance sheet. As for the upcoming quarter itself, Drbul writes that Nike is well positioned, as macro trends that are favorable to healthy lifestyles and sport participation is driving long-germ global growth.
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.