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Crocs To Sacrifice Sales To Protect Margins, Analyst Cuts Price Target
Monday, June 30, 2025 - 10:47am | 287Crocs Inc's (NASDAQ:CROX) management is likely focusing on keeping inventory clean against a softer wholesale backdrop, rather than trying to meet sales targets, in order to help protect margins, according to Bank of America Securities. The Crocs Analyst: Analyst Christopher Nardone maintained a...
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Automotive And Apparel Companies 'Absorbed Tariff Costs' Amid Better Than Expected May CPI Print: 'But Don't Expect That To Continue,' Says Expert
Thursday, June 12, 2025 - 5:26am | 995Even as May’s inflation print was better-than-expected, it snapped a four-month falling streak and rose slightly, hinting that firms absorbed some tariff-induced price hikes. What Happened: “Surprisingly, new and used vehicle prices declined in May, despite many expecting an increase in...
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LULU Stock Under Pressure As Company Warns Q2 Will Feel Tariff Heat, Plans 'Strategic Price Increases' — But Gary Black Blames EPS Revision On 'Competition,' Not 'Macro Challenges'
Friday, June 6, 2025 - 10:01am | 862Despite better-than-expected first quarter results, Lululemon Athletica Inc. (NASDAQ:LULU)’s management cautioned that the second quarter will bear the brunt of increased tariffs and lowered its full year earnings per share forecast. What Happened: CFO Meghan Frank outlined the company’...
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Under Armour Tops Q4 Sales Estimates But Quarterly Sales Dip 11%
Tuesday, May 13, 2025 - 11:46am | 418Under Armour, Inc. (NYSE:UAA) shares are trading higher on Tuesday after the company reported fourth-quarter results. The company reported: Adjusted earnings per share of 8 cents loss, in line with the analyst consensus estimate. Quarterly sales of $1.18 billion (down 11% year over year) outpaced...
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Under Armour Q4 Earnings Preview: Are Investors 'Better Off Hiding Out, Literally, Under Armor' Than Buying Stock?
Monday, May 12, 2025 - 4:09pm | 1027Apparel company Under Armour (NYSE:UAA)(NYSE:UA) could highlight how the latest China tariff news could be good news when the company reports fourth-quarter financial results before market open Tuesday. Earnings Estimates: Analysts expect Under Armour to report fourth-quarter revenue of $1.16...
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Nike Revamps C-Suite, 'Win Now' Strategy Faces Profit Pressure: Analyst
Tuesday, May 6, 2025 - 4:38pm | 422Nike Inc (NYSE:NKE) is shaking up its leadership structure in a bid to reinvigorate growth, but Wall Street remains cautious. Telsey Advisory Group analyst Cristina Fernandez on Tuesday reiterated a Market Perform rating on the shares of Nike and lowered the price forecast from $80 to $70. Nike...
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What's Going On With Rent The Runway Stock Today?
Tuesday, April 15, 2025 - 2:16pm | 379Rent The Runway, Inc. (NASDAQ:RENT) shares are trading lower on Tuesday. The company reported fourth-quarter GAAP earnings per share of $3.44 loss, missing the street view of $3.28 loss. Quarterly sales of $76.4 million (0.8% increase year over year) missed the analyst consensus estimate of $77.6...
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Trump Tariffs To Hurt Nike, Under Armour, VF: Are Ralph Lauren, Foot Locker Safer Bets?
Monday, April 7, 2025 - 2:54pm | 465Brands that rely on the Asia-Pacific region to produce apparel goods are likely trying to find ways to mitigate the impact of President Donald Trump‘s reciprocal tariff plan, The average pre-mitigation headwinds to gross margin and EPS are 670bps and 65%, respectively. On the worse end of the...
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Lululemon Q4 Earnings On Deck: Bullish Breakout Or More Pain?
Thursday, March 27, 2025 - 10:24am | 545Lululemon Athletica Inc. (NASDAQ:LULU) will report its fourth-quarter earnings on Thursday. Wall Street expects $5.85 in EPS and $3.57 billion in revenues when the company reports after market hours. The stock is down 13.27% over the past year, 9.27% year-to-date. Let’s examine the charts for...
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Nike Stock Hits 52-Week Low As Analyst Warns Bullish Turnaround 'Will Take Time'
Friday, March 21, 2025 - 12:07pm | 799Nike Inc (NYSE:NKE) analysts provide a cautious tone for the apparel company's turnaround and short-term growth after the company's third-quarter financial results. The Nike Analysts: Stifel analyst Jim Duffy maintained a Hold rating on Nike with a $75 price target. Goldman Sachs analyst Brooke...
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Bill Ackman-Backed Nike Reports Worst Footwear Revenue In More Than A Decade, Takes Action To Continue 'Liquidating Inventory' Amid Grim Outlook
Friday, March 21, 2025 - 2:45am | 900Nike Inc. (NYSE:NKE) reported its worst footwear revenue in over a decade as the company transitions under its new CEO. The athletic footwear and apparel company beat its third-quarter earnings and revenue expectations while issuing a disappointing outlook for the fourth quarter. What Happened:...
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Roger Federer-Backed On Holding Expands Global Footprint With 19 New Stores, Crosses $112 Million Apparel Sales Mark
Wednesday, March 5, 2025 - 3:33am | 645On Holding AG (NYSE:ONON) surpassed the fourth-quarter earnings and revenue expectations while delivering CHF100 million ($112.48 million) in apparel sales in 2024. During its earnings call, the performance sportswear maker highlighted its new store openings and expansion plans as well. What...
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On Holding Delivers Strong Holiday Performance, Remains A 'Momentum Story' In 2025, Says Bullish Analyst
Wednesday, January 15, 2025 - 12:12pm | 345On Holding AG (NYSE:ONON) management spoke at the 27th ICR Conference, held from Jan. 13 to Jan. 15 in Orlando, Florida. The company is "a momentum story," they said, citing a healthy performance during the holiday season, according to Needham. The On Holding Analyst: Analyst Tom Nikic maintained a...
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Nike Analyst Turns Bullish: 'Visible Recovery Story' In 2025
Friday, January 10, 2025 - 12:29pm | 363Nike Inc‘s (NYSE:NKE) stock has had a rough few years. Shares have slumped nearly 60% since 2021 highs as sales growth at the Beaverton, Oregon-based company have waned. Amid a change in leadership, one analyst has turned bullish on the apparel giant. The Analyst: Piper Sandler analyst Anna...
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How To Earn $500 A Month From Nike Stock Ahead Of Q2 Earnings
Thursday, December 19, 2024 - 9:36am | 487Nike, Inc (NYSE:NKE) will release earnings for its second quarter, after the closing bell on Thursday, Dec. 19. Analysts expect the Beaverton, Oregon-based company to report quarterly earnings at 63 cents per share, down from $1.03 per share in the year-ago period. Nike projects to report quarterly...