|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||86.48 - 87.88|
|52 Week Range||66.53 - 90.00|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||34.76|
|Earnings Date||Sep 23, 2019 - Sep 27, 2019|
|Forward Dividend & Yield||0.88 (1.01%)|
|1y Target Est||92.31|
Nike announced a partnership with esports organization Furia earlier this month as more and more companies capitalize on the growing industry. Yahoo Finance's Zack Guzman & Emily McCormick, along with Wall Street Journal Wealth Reporter Veronica Dagher discuss.
Snapchat, Zoom Video Communications, Slack, Nike and Netflix are the companies to watch.
Investing.com - Shares of shoe company Skechers took off on Friday after the company reported strong second-quarter results and was upgraded by analysts at Wedbush.
Ford Motor Company (F) is in the middle of a very strong year, with its stock price up 35.1% YTD. This year has helped Ford recover from a very disappointing 2018, yet it has only regained about half of its losses so far.
While Wall Street is glued to the headlines about the U.S.-China trade war and the Federal Reserve, there's one stock that's been quietly moving higher to new all-time highs: Lululemon Athletica (NASDAQ:LULU). You might be wondering why a yoga company has been such a strong performer -- up over 50% since the start of 2019, in fact. That's because it's so much more than "just a yoga company."Source: FlickrOver the past two decades, Lululemon has led the athleisure fashion movement. The company was founded in 1998 by Chip Wilson, who spent the prior 20 years working in the surf, ski and skatewear industries. Lululemon started as a design studio by day and yoga studio at night in Vancouver, Canada. And it became the company's first standalone store in 2000.Initially, LULU grew by word of mouth, pop-up shops in yoga studios and brand ambassadors. Now, the company has more than 400 stores across four continents. And for workout buffs who are too busy to drive to their nearest store, there are multiple Lululemon e-commerce sites and mobile apps.InvestorPlace - Stock Market News, Stock Advice & Trading TipsEven as it has grown its global footprint and customer base, Lululemon has kept true to its founding values. It differentiates itself by making some of the highest quality and most comfortable workout clothing that money can buy.Now, I'm not recommending LULU stock because it made yoga pants mainstream. Rather, the company is expanding into mass sports distribution and capturing market share from big-name athletic apparel companies like Nike (NYSE:NKE) and Under Armour (NYSE:UA).Strong Earnings Growth AheadAnd it's been paying off big time.For its latest quarter, the company posted double-digit earnings and sales growth, as well as topped analysts' earnings and sales estimates. The company reported 20.4% annual revenue growth and 34.5% annual earnings growth.Looking forward to the second quarter, company management is forecasting earnings per share of $0.88, a 24.9% year-over-year increase from $0.71, on $843.3 million in sales. This represents a 16.6% rise from the $723.5 million in sales last year. So, clearly, LULU stock is doing well.In fact, just Monday, the company announced that on Thursday it will be opening its biggest store ever -- a whopping 24,000 square foot space. For some perspective, this is about four NBA basketball courts put together. And not only will customers will be able to buy clothes, but they'll be able to take a break and grab a meal at "Fuel," a restaurant on the store's second level.In the new e-commerce world where Amazon (NASDAQ:AMZN) reigns supreme, it's important the companies with brick-and-mortar stores provide something a little "extra," in order to keep customers coming back. This restaurant is a good way for LULU to stand out and keep that traffic coming in.In the meantime, LULU stock hit a new all-time high of $191.44 on Monday. However, I don't see it slowing down anytime soon. So, I don't recommend selling it at new highs. In fact, it still sits below my buy limit on my Growth Investor Buy List.The truth of the matter is that the company continues to see good sales and earnings growth, as well as strong institutional buying pressure, so we know that the "smart money" is still interested, too.Now, I'm such a fan of LULU stock that it's my pick for InvestorPlace's 10 Best Stocks for 2019 contest. (You can read all the details here.) I also recommended it in my Growth Investor service just last year, and it's sitting on over a 50% return. But that's just the beginning. To get my latest thoughts on the company, as well as my other latest recommendations, you can sign up here.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks Top Investors Are Buying Now * The 10 Best Cryptocurrencies to Keep on Your Radar * 7 Marijuana Penny Stocks That Could Triple (But You Won't Make Money) The post LULU Stock Stretches to New All-Time Highs appeared first on InvestorPlace.
Investing.com – Levi Strauss led the slump in apparel stocks Tuesday after Goldman Sachs (NYSE:GS) signaled it was time to move out of apparel brands who rely on department stores to flog their branded merchandise amid fears that increasingly unfashionable performances await in the second half of the year.
When Nguyen Thi Thu Huyen started work at the No. 40 Garment Factory, it was still producing boots and uniforms for the Vietnamese army, just as it had done during the Southeast Asian country's long war with the United States. Now the sprawling, Soviet-built complex on the outskirts of Hanoi has a different mission: churning out millions of units a year for global sportswear brands like Nike and the U.S. Olympic team, Team USA. It might not be the exact one I made, but one of them must be," said Huyen, who began working at the factory in the early 1990s.
Employee Terry Hill alleged he had been repeatedly passed over for promotions because of his race. He also claimed Nike failed to properly investigate a toy monkey left on his desk. Nike broadly denied Hill's claims and said the lawsuit was resolved to "both parties' satisfaction."
EVP, CAO & General Counsel of Nike Inc (30-Year Financial, Insider Trades) Hilary K Krane (insider trades) sold 17,903 shares of NKE on 07/12/2019 at an average price of $88.7 a share. Continue reading...
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains takes a look at three sportswear stocks to consider buying as the second quarter 2019 earnings season kicks off.
The shoe company might tap around for a bit in the $88-$90 range in the short-run, but if it stays above $85, it could then race to around $100.
We will hypothesize on knowledge we believe is well known and overpriced and on what isn’t well known or well believed and could be underpriced Continue reading...
Thousands of fans packed the Deer District outside Fiserv Forum Sunday afternoon in downtown Milwaukee to partake in an event celebrating Milwaukee Bucks star Giannis Antetokounmpo’s recent National Basketball Association Most Valuable Player award. Check out the attached slideshow to see photos from the event, which drew an estimated 20,000 fans.
A special Nike x Stranger Things promotion has the company releasing new versions of old shoes.Source: Shutterstock Here's all you need to know about the shoes in the Nike x Stranger Things collection. * There are three pairs of shoes that make up the Nike (NYSE:NKE) and Netflix (NASDAQ:NFLX) OG Collection. * These shoes are the Blazer Mid, Air Tailwind 79 and the Cortez. * Each of the shoes come in special packaging that includes a newspaper from the fictional town of Hawkins from the show. * Another goodie that comes with the shoes is a Stranger Things pin. * The website also includes a little blurb about the shoes going missing in Hawkins in 1985 before only recently reappearing. * While the shoes all have their classic look, they do have some updates to bring them into the modern world. * This includes newer manufacturing techniques, as well as a special Stranger Things logo on the tongue. * Each of the three sneaker varieties are selling for $120 on the official Nike website. * However, customers will have to be fast if they want to get their hands on a pair. * Both the Blazer Mid and Air Tailwind 79 options are already sold out online. * There are still Cortez options available as of this writing, but may of the size options are already running out. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond You can follow this link to learn more about the Nike x Stranger Things promotion, which also includes goods that aren't part of the OG Collection.InvestorPlace - Stock Market News, Stock Advice & Trading Tips More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy for Less Than Book * 7 Marijuana Stocks With Critical Levels to Watch * The 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond As of this writing, William White did not hold a position in any of the aforementioned securities.The post Nike x Stranger Things: 11 Things to Know About the OG Collection appeared first on InvestorPlace.
NBA Hall of Famer Shaquille O'Neal tells Yahoo Finance that he has had his eye on Reebok and is interested in possibly becoming part owner of the brand.
Shoes and Retail Apparel makers display robust growth in first-half fiscal 2019 on efforts to innovate and improve customer experience. Here are stocks likely to retain momentum in the second half.
Nike, which said the expansion is expected to generate more than 500 full-time jobs, made no mention of the loss of the $1 million incentive in its statement on the new facility. Nike responded to a request for comment with a referral to its statement announcing the new plant. Last week, Arizona Governor Doug Ducey, a Republican, withdrew the incentive for Nike to build the plant after the world's largest sportswear maker canceled the release of a sneaker featuring a colonial-era version of the American flag, which critics say reflects links to slavery.
Nike announced Thursday it’s going forward with plans to make soles for Nike Air shoes in a Phoenix suburb even though Arizona Gov. Doug Ducey blocked state money for the facility when the company pulled a flag-themed shoe from the market.
The sports apparel giant still plans to invest more than $184 million to create a manufacturing facility for the sole that goes in Nike Air shoes.