|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||30.12|
|Forward Dividend & Yield||1.55 (1.27%)|
|1y Target Est||140.73|
Fiscal 2019: Can Nike Hit the Ground Running? Nike’s (NKE) EPS declined more than 4% in fiscal 2018 since it saw a deceleration of 22% and 8% in the first and second quarters, respectively. It was largely a result of a falling gross margin, which was mainly due to currency headwinds.
Few apparel companies have seen as much success over the past several quarters as Lululemon (NASDAQ:LULU). Lululemon stock absolutely has been on fire thanks to huge improvements in comparable sales and profitability. This success promises to continue for the foreseeable future because the company is still in the early stages of transitioning from niche, U.S.-focused women’s yoga pant retailer, to mainstream, global athletic apparel retailer that appeals to both men and women.
It’s been a great start to the week for Foot Locker (NYSE:FL). In light of all this, Nikic upgraded his price target on Foot Locker stock from $50 to $58 (this implies 20% upside from current levels).
A look at the shareholders of adidas AG (FRA:ADS) can tell us which group is most powerful. Institutions will often hold stock in bigger companies, and we expect to seeRead More...
Over the past several weeks, investors have been dumping social media stocks as headwinds against the industry have piled up, including privacy issues, regulation concerns, sluggish user growth, stagnating margins, and stalled-out engagement. Facebook (NASDAQ:FB) has dropped 13% over the past three months. Snap (NYSE:SNAP) and Twitter (NYSE:TWTR) are both down about 26% during that stretch.
The recent decision from sports apparel brand Nike (NYSE:NKE) to feature controversial ex-NFL quarterback Colin Kaepernick in its newest ad campaign, however, is one most everyone has a strong opinion about. Clearly some consumers are on board with the idea.
While the Adidas Futurecraft 4D shoes are cool looking sneakers, the story behind those shoes is even more interesting. The sportswear company has partnered with Carbon to design a new kind of sneakers. Behind the Futurecraft 4D, you can find a process that is not that new — 3D printing.
Nike's favorability has taken a major hit in the wake of its Colin Kaepernick ad campaign, according to polling firm Morning Consult.
Nike shares are on the decline Tuesday amid a blossoming controversy over the Swoosh's latest "Just Do It" ad campaign — and a fresh endorsement deal — with former NFL quarterback Colin Kaepernick.
Nike is endorsing Colin Kaepernick at a time when he's about to go to trial with the NFL over collusion. How much of a risk is the brand taking?
The stock market has had its fair share of big winners so far in 2018, and one of them has without question been Lululemon (NASDAQ:LULU). The yoga and athletic apparel retailer just reported second-quarter numbers that not just beat expectations, but smashed expectations across the board, giving the bull thesis a ton of firepower. In response to the strong numbers, LULU stock rose more than 15%, and is now up more than 100% year-to-date and 175% over the past 12 months.
After a crowded sports year, which included the Winter Olympics and the World Cup, we’re finally back to what matters — the NFL. Americans love major sporting events, but none resonates more deeply than the National Football League. With the season opener mere days away, it’s time to consider stocks to buy that benefit from the NFL.
Piper Jaffray recently reiterated its “Overweight” rating on athletic retail giant Nike (NYSE:NKE), saying that accelerating momentum in the Jordan brand is allowing the king of athletic apparel to regain market share. After a stretch from 2015 to 2017 wherein Adidas (OTCMKTS:ADDYY) stole a bunch of market share from Nike, the trend reversed course in late 2017. Ever since, Nike has punched back.
For all intents and purposes, Dick’s is the last man standing in the sporting goods retail sector, but Dick’s stock isn’t quite reflecting that. This whole sub-sector of the retail industry has been decimated by bankruptcy after bankruptcy after bankruptcy, as athletic apparel brands have shifted their selling models from wholesale to direct. The sporting goods retail space has shrunk.
UAA stock dropped to $20 on the news. Under Armour is expanding its distribution channel. Specifically, they are pouring more product into low-price channels like Kohl’s (NYSE:KSS) and less product into full-price channels like Dick’s. Naturally, then, Dick’s sales of Under Armour apparel will be weak.
It’s confession time: I’ve never really been convinced that Under Armour (NYSE:UA, NYSE:UAA) is a solid investment. While its products resonate with its core customers, that engagement hasn’t translated to market success. Compared against two years ago, Under Armour stock has declined to roughly half its value.
Robinhood is making some 250 notable foreign stocks available for trading on its commission-free platform. What Happened Companies like Tencent Holding/ADR (OTC: TCEHY ), Burberry Group plc (OTC: BURBY ...
From June 3 through July 28, sales of athletic footwear in the U.S. were essentially flat year-over-year, said NPD analyst Matt Powell. VF Corp (NYSE: VFC) is red-hot, as the skate shoes category grew by nearly 50 percent over the period. Powell said he expected Vans to be a hot brand this season.
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into Foot Locker's (FL) second-quarter financial results. The episode then shifts to what investors should expect from Dick's Sporting Goods (DKS) and Lululemon (LULU) later this week.
Sports-apparel specialist Foot Locker (NYSE:FL) is one of them, with FL stock pleasantly surprising Wall Street. Just prior to its second-quarter fiscal 2018 earnings report, FL stock had gained a respectable 14.5% for the year. More importantly, since the beginning of this month, Foot Locker jumped nearly 10%.
In the midst of all the noise regarding the temporary banning of controversial political commentator Alex Jones, and the subsequent reprisal of the whole censorship debate, it would have been easy to overlook news that Twitter (NYSE:TWTR) and Adidas (OTCMKTS:ADDYY) were teaming up to deliver video coverage of eight high-profile high school football games this year. What does this mean for current and would-be owners of TWTR stock? It’s an interesting footnote all the same, however, in that it points to a bigger-picture strategy Twitter is employing — perhaps without even realizing it.
On August 20, Nike (NKE) shares touched to an all-time high price of $82.42 after analysts from Piper Jaffray and Susquehanna upgraded the company. Nike stock closed the day at $82.15, which was ~3% above the previous day’s closing price. Piper Jaffray analyst Erinn Murphy upgraded Nike from a “neutral” to “overweight” rating citing the company’s strong inventory position, reviving growth trends in North America, shift to direct-to-consumer sales, and healthy product pipeline.
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Thursday.