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Now You Can Outrun Imperial TIE Fighters With New Adidas Star Wars Running Shoes
Thursday, November 21, 2019 - 3:53pm | 566Yoda taught us that a Jedi must have the deepest commitment, the most serious mind. But good shoes can't hurt. For that, Adidas AG (OTC: ADDYY) in collaboration with Walt Disney Co.'s (NYSE: DIS) Lucasfilm, has a Star Wars-themed line of athletic shoes, the newest of which, the Space Battle...
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Gap's Athletic Brand Signs Olympic Star Allyson Felix
Wednesday, July 31, 2019 - 9:20am | 442Gap Inc (NYSE: GPS) announced Wednesday its first ever multiyear sponsorship deal with an Olympic athlete, Allyson Felix. What Happened Felix is one of the most decorated track and field athletes in U.S. history and will join Gap's athletic apparel brand, Athleta, as its first-ever sponsored...
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Street Reacts To Dick's Sporting Goods Q4 Earnings, Stock Drop: Stay On The Sidelines
Wednesday, March 13, 2019 - 9:34am | 937Retailer Dicks Sporting Goods Inc (NYSE: DKS) on Tuesday morning reported fourth-quarter results that came in better than expected. Gross margins fell during the quarter and management offered concerning guidance for 2019. Here is a summary of how some of the Street's top analysts reacted to...
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Analysts Mixed On Foot Locker Following Strong Q4 Earnings
Monday, March 4, 2019 - 4:49pm | 424Foot Locker, Inc. (NYSE: FL) last week reported fourth-quarter results that came in better than expected across multiple metrics and an encouraging outlook to 2019. Despite the stock's initial strong reaction, some Street analysts aren't running away with it. Morgan Stanley: Concerns Into...
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Piper Jaffray Upgrades Under Armour, Sees Path To Sales Growth
Monday, November 5, 2018 - 2:17pm | 417One week after its biggest share gain in 10 years, Under Armour Inc (NYSE: UAA) received a sell-side upgrade Monday. The Analyst Piper Jaffray analyst Erinn Murphy upgraded Under Armour from Neutral to Overweight with a price target raised from $20 to $32. The...
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'We Believe This Momentum Will Likely Continue': 4 Reasons Behind Canaccord's Lululemon Upgrade
Wednesday, October 24, 2018 - 9:14am | 441Investors should take advantage of Lululemon Athletica Inc. (NASDAQ: LULU)’s 15-percent pullback over the last month, according to Canaccord Genuity. The Analyst Analyst Camilo Lyon upgraded Lululemon from Hold to Buy and raised the price target from $152 to $160. The Thesis The recent...
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Stifel 'Highly Encouraged' After Chat With Under Armour, Raises Price Target
Monday, June 4, 2018 - 8:10am | 446Stifel's December 2017 upgrade of Under Armour Inc (NYSE: UAA) was based on a "speculative thesis," but the sell-side firm's recent conversations with the apparel maker left analysts "highly encouraged." The Analyst Stifel's Jim Duffy maintains a Buy rating on...
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Bernstein Questions The Sustainability Of Lululemon's Momentum
Friday, June 1, 2018 - 9:33am | 417Lululemon Athletic inc. (NASDAQ: LULU) reported a "home run" earnings report Thursday, but Bernstein questions the sustainability of the athletic apparel maker's momentum. The Analyst Bernstein's Jamie Merriman maintains a Market-Perform rating on Lululemon's stock with...
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Analyst: Under Armour Offers 'One Of The Strongest Absolute Return Opportunities'
Saturday, May 5, 2018 - 12:39pm | 405Under Armour Inc (NYSE: UAA) (NYSE: UA) reported its first-quarter results earlier this week that signaled signs of "early green shoots." The Analyst KeyBanc Capital Markets' Edward Yruma maintained an Overweight rating on Under Armour's stock with an unchanged $22 price...
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Nike's 10-Q: What You Need To Know
Saturday, April 7, 2018 - 2:45pm | 606Nike Inc (NYSE: NKE) released its fiscal third-quarter 10-Q regulatory filing Thursday, revealing multiple metrics that indicate there is plenty of work ahead for the company before it can show "sustained trajectory improvement," according to Canaccord Genuity. The Analysts...
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Morgan Stanley: Lululemon Satisfies Necessary Condition For Growth With Expense Guidance
Monday, April 2, 2018 - 10:11am | 419Lululemon Athletica inc. (NASDAQ: LULU) reported fourth-quarter results Tuesday that not only marked its best quarterly comp and flow-through in five years, but satisfied a necessary condition for continued growth, according to Morgan Stanley. The Analyst Morgan Stanley's Kimberly...
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Why Stifel Remains Bullish On Under Armour After Data Breach
Monday, April 2, 2018 - 8:32am | 386Under Armour Inc Class A (NYSE: UAA) confirmed Thursday it suffered a data breach that impacted 150 million of its MyFitnessPal users. The report sent shares of the athletic apparel maker down by nearly 5 percent, but the reaction may be overblown, according to Stifel. The Analyst Stifel...
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BofA Highlights Lululemon's Menswear Business, Store Flexibility Ahead of Q4 Print
Tuesday, March 27, 2018 - 10:17am | 670Lululemon Athletica inc. (NASDAQ: LULU) will report fourth-quarter earnings after the close Tuesday, its first quarterly print after longtime CEO Laurent Potdevin stepped down in February due to workplace conduct issues, something sportswear competitor Nike Inc (NYSE: NKE) is also dealing with....
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3 Takeaways From Nike's Q3
Friday, March 23, 2018 - 8:09am | 357Nike Inc (NYSE: NKE)'s fiscal third-quarter earnings report on Thursday signals the company is picking up momentum, but the results fell short of convincing Cowen to turn bullish on the stock. The Analyst Cowen's John Kernan maintains a Market Perform rating on Nike's stock with an...
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This Analyst Predicts Nike Shares Could Rise 14% In 2018
Friday, January 5, 2018 - 1:13pm | 411After a not so stellar performance in the first half of 2017, shares of Nike Inc (NYSE: NKE) ended the year on a positive note, which has some Wall Street analysts convinced further share gains can be seen in 2018. The Analyst Buckingham Research Group's Eric Tracy initiated coverage of Nike...