|Bid||39.00 x 3000|
|Ask||44.74 x 1100|
|Day's Range||39.75 - 40.65|
|52 Week Range||22.64 - 42.73|
|PE Ratio (TTM)||35.49|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Zacks.com highlights: SKECHERS USA, US Foods Holding, Dine Brands Global, Houlihan Lokey and Global Brass and Copper Holdings
We have developed an investment strategy that clearly shows that stocks with lesser risk can also generate impressive returns.
Struggling athletic apparel company Under Armour Inc (NYSE:UAA) reported one not-as-bad-as-expected quarter, and now everyone is calling for a turnaround in Under Armour stock. This is a troubled brand that is all performance, no lifestyle, and that doesn’t suit it well to match up against increasingly lifestyle oriented brands like Nike Inc (NYSE:NKE) and adidas AG (ADR) (OTCMKTS:ADDYY). Overall, I’m not too impressed with the recent bounce in Under Armour stock.
Ahead of the upcoming fiscal 4Q17 results, most analysts covering Foot Locker (FL) have maintained a “buy” rating. Expansion of e-commerce and a tough retail landscape created a highly challenging situation for Foot Locker (FL). Like other traditional retailers, Foot Locker has been working on increasing the reach of its digital sales portal.
NIKE (NKE) hits a 52-week high of $69.81. Of late, the company also has been gaining traction on strength at its international business and the global NIKE Direct business.
Investors turned bullish on Under Armour (UAA) after the company reported a top-line beat, driven by a strong international performance. UAA stock saw one of its best days in the last two years, with the stock rising more than 17% to close at $16.70 on February 13, 2018. Its 4Q17 results were able to stop the slide in the stock and convert its YTD (year-to-date) losses into a marginal gain of 1%.
Skechers’s (SKX) 4Q17 adjusted EPS (earnings per share) soared to $0.21, driven by solid revenue growth. While Skechers’s sales grew a solid 40%, the company also managed to keep its costs under check. Its operating margin grew 200 basis points to 5.7%.
Skechers (SKX), which reported its fourth-quarter results on February 8, 2018, posted a 27% YoY (year-over-year) increase in total revenue to $971 million. The company cruised ahead of the consensus expectations by $89 million. “With three months of strong sales, a robust holiday selling season that included increased demand for our innovative lighted children’s footwear and comfortable adult styles, and double-digit growth in each of our three distribution channels, we achieved a new fourth quarter sales record of $970.6 million,” said David Weinberg, chief operating officer of Skechers.
California-based Skechers (SKX) reported results for the fourth quarter of fiscal 2017 (or 4Q17) after the market closed on Thursday, February 8, 2017. Skechers is now sitting at a year-to-date profit of ~6%. Founded in 1992, Skechers is an American footwear company that designs and markets around 3,000 footwear styles for men, women, and children.