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Cowen: Profit Growth Will Be Tough For Foot Locker In 2020
Friday, November 22, 2019 - 7:31pm | 485Foot Locker, Inc. (NYSE: FL) reported a third quarter earnings beat on Friday, but a sales miss sent shares plunging. The Analyst and Rating Cowen analyst John Kernan reiterated a Market Perform rating but lowered his price target from $47 to $45. The Thesis The footwear retailer reported...
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5 Upcoming Catalysts For Nike Bulls
Tuesday, March 14, 2017 - 12:44pm | 439Christian Buss of Credit Suisse reiterated his Outperform rating on Nike Inc (NYSE: NKE) as he becomes increasingly bullish on Nike given a series of incremental revenue catalysts, implying the recent market share losses will moderate in 2017. Following are the five incremental revenue catalysts...
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Retro Sneakers Are The Fastest Growing Footwear Category
Wednesday, June 22, 2016 - 9:58am | 296Investors who are assuming that basketball shoes are the fastest growing footwear category need to take a closer look at the sector, at least according to a report by the Wall Street Journal. According to the Wall Street Journal, reissued or "heritage" shoes outpaced all other shoe categories last...