71.96 +0.84 (1.18%)
Pre-Market: 7:01AM EST
|Bid||71.72 x 1400|
|Ask||71.96 x 2200|
|Day's Range||69.52 - 72.07|
|52 Week Range||58.54 - 86.04|
|Beta (3Y Monthly)||0.96|
|PE Ratio (TTM)||56.35|
|Earnings Date||Dec 19, 2018 - Dec 24, 2018|
|Forward Dividend & Yield||0.88 (1.18%)|
|1y Target Est||87.76|
Are there cracks in the consumer. Carter Worth, Cornerstone Macro, looks at red flags for retail. With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Tim Seymour, Dan Nathan and Guy Adami.
MADRID/SYDNEY, Nov 21 (Reuters) - A jump in the price of wool from drought-ravaged Australia, the world's top exporter of high-quality fleeces, is rattling through the global clothing supply chain, with some mills passing along costs and retailers cutting down on wool or raising prices. Italian clothmaker Botto Giuseppe, which supplies luxury brands Giorgio Armani SpA and Max Mara, says it has increased prices on average by 7 to 8 percent in the last year on wool fabric, while high-end Swiss-based sportswear label Mover has put up the retail price of its merino wool t-shirts by 15 percent. "The wool price has increased consistently over the past three years," said Silvio Botto Poala, Chief Executive Officer of Botto Giuseppe, a 142-year-old company.
The stock market spotlight this week belongs to retail stocks. From Target (NYSE:TGT) to Kohl’s (NYSE:KSS) to Urban Outfitters (NASDAQ:URBN), retail names dominate the earnings scene this week. The athletic apparel retailer is set to report third-quarter earnings after the bell on Tuesday, Nov. 20.
MADRID/SYDNEY (Reuters) - A jump in the price of wool from drought-ravaged Australia, the world's top exporter of high-quality fleeces, is rattling through the global clothing supply chain, with some mills passing along costs and retailers cutting down on wool or raising prices. Italian clothmaker Botto Giuseppe, which supplies luxury brands Giorgio Armani SpA and Max Mara, says it has increased prices on average by 7 to 8 percent in the last year on wool fabric, while high-end Swiss-based sportswear label Mover has put up the retail price of its merino wool t-shirts by 15 percent. "The wool price has increased consistently over the past three years," said Silvio Botto Poala, Chief Executive Officer of Botto Giuseppe, a 142-year-old company. Neither Armani or Max Mara immediately responded to requests for comment.
NIKE, Inc. plans to release its second quarter fiscal 2019 financial results on Thursday, December 20, 2018, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours.
A tax document made available to the Business Journal Tuesday shows the Nike co-founder gave 1.7 million shares of Nike stock to his private foundation in 2017. The foundation now stands to become Oregon's largest.
Under Armour has been helping to drive Kohl's activewear sales since it began a partnership with the retailer in 2016.
NEW YORK , Nov. 20, 2018 /PRNewswire/ -- Align Technology, Inc. (ALGN) Lifshitz & Miller announces investigation into possible securities laws violations in connection with the disclosure that the average ...
Most stocks have been thoroughly shaken and stirred since early October, and a long-overdue corrective move finally took shape. Not even the bluest of the blue chips have been immune. The Dow Jones Industrial Average still is off its record high from a couple months ago, and several Dow stocks still are vulnerable to more selling. The initial shellshock has started to fade, however, the smoke is clearing and some stocks are recovering. Smart investors are now weighing the impact and searching for opportunities. Some Dow Jones stocks may have more downside to dish out, but a handful of these iconic names are looking oversold, undervalued and ripe for a rebound sooner than later. Remember: Corporate earnings have never been better, and consumer confidence is as high as it's been in years. Clearly something is going right. Here's a look at five Dow stocks that may have more ground to give up before they hit bottom, and two industrial-average components that may already be buys at current prices. But a note: Most of these "stocks to sell" are merely in short-term trouble. A sizable pullback from any of them could ultimately turn into a buying opportunity. SEE ALSO: 12 Vulnerable Stocks to Watch on Market-Wide Weakness
Footwear retailer Foot Locker, Inc. ( FL) continues to trade in a choppy pattern in 2018. The daily chart shows the stock above a "golden cross" since Feb. 6. A negative reaction to earnings reported on March 2 resulted in the stock trading as low as $38.17 on March 2, but a positive reaction to earnings on May 25 produced the momentum to set the 2018 high of $59.40 on June 11.
Foot Locker (NYSE:FL) earnings on Tuesday afternoon are going to be huge. Foot Locker stock has trading mostly sideways for 2018 after FL stock rallied strongly from a five-year low last November. As I wrote on Friday, Foot Locker earnings could reverberate across the market.
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains talks about some of the best sports-based retail stocks to buy before Black Friday amid the busy holiday shopping season.
Long-term, buy-and-hold investors should focus less on a stock's current dividend yield, and more on its ability to grow dividends over the long run. Nike's track record of dividend increases qualifies it on the list of Dividend Achievers. This makes Nike one the best dividend growth stocks in the entire stock market.
Nike (NYSE:NKE) has long had a reputation for acting like a technology company, although its growth rate is more akin to that of Cisco Systems (NASDAQ:CSCO) than Amazon.com (NASDAQ:AMZN). Investors have been doing just that lately, tossing out Nike like it was Microsoft (NASDAQ:MSFT), the shares down almost 13% from their Sept. 21 peak, opening for trade November 15 at around $75. Nike, in other words, is a fashion name, not a technology name.
The tax documents paint the clearest picture yet of the Nike co-founder's giving and the philanthropic strategy.
NIKE, Inc. announced today that its Board of Directors has approved a quarterly cash dividend of $0.22 per share on the company’s outstanding Class A and Class B Common Stock.
Nike's "House of Innovation 000" flagship store is an immersive shopping experience that combines traditional shopping with the company's digital app to create a futuristic shopping experience.
New York City's 5th Avenue shopping district is home to iconic brands like Tiffany & Co., Gucci, Versace and Adidas, but for the past few months a big member of that list has been missing: Nike. The company closed its flagship NikeTown store at the end of 2017, reportedly in part because it didn't want to be a tenant of the Trump Organization. Since the 2016 opening of its first tech-laden store in New York's SoHo neighborhood, and others like Nike by Melrose in Los Angeles, the company has moved toward incorporating digital elements into every facet of the retail experience.
Nike Inc. is opening is latest retail experience, Nike NYC, on Thursday on Manhattan's Fifth Avenue. The shop offers benefits and features like the Speed Shop, which offers locals swift access to popular items and the ability to pick up items that NikePlus members reserve on the Nike app, personal service in the Nike Expert Studio, and a customized visit based on app in-store features. On Tuesday, Nike announced that Craig Williams has been named president of the Jordan brand. Williams joins from Coca-Cola Co. where he was senior vice president and president of the McDonald's division where he was responsible for growing the strategic partnership with the fast-food giant . He succeeds Larry Miller, who will become chairman of the new Jordan brand advisory board. Nike shares have gained 17.7% for the year so far while the Dow Jones Industrial Average is up 1% for the period.
U.S. stock markets closed sharply lower on Wednesday following investor concerns that banks will face tighter regulations once Democrats take control of the House of Representatives