-
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...
-
How Champion's Retro Resurgence Is Driving Hanesbrands
Tuesday, April 23, 2019 - 5:07pm | 678Hanesbrands Inc. (NYSE: HBI) has had a remarkable 2019 so far, with shares up over 49 percent year-to-date. The resurgence of the company's Champion brand has certainly played a pivotal role. Champion recently celebrated its 100-year anniversary and has recently harnessed its legacy heritage to...
-
Adidas Surges Higher, But Lack Of Catalysts Persists
Thursday, March 14, 2019 - 3:26pm | 614Adidas AG (ADR) (OTC: ADDYY) shares were surging higher Thursday, one day after taking a dive amid fears that the company’s North American momentum was finally slowing following its fourth-quarter report. The company launched a remarkable comeback in 2015 in North America and has doubled...
-
Hanesbrands No Longer A Buy At Barclays
Thursday, August 2, 2018 - 12:59pm | 355Apparel maker Hanesbrands Inc. (NYSE: HBI) reported its second-quarter results Wednesday, which prompted Barclays to downgrade the stock from a bullish stance. The Analyst Barclays' Chethan Mallela downgraded Hanesbrands from Overweight to Equal Weight with a price target lowered from $22 to $...
-
Hanesbrands Completes Pacific Brands Acquisition
Friday, July 15, 2016 - 3:23pm | 353Hanesbrands Inc. (NYSE: HBI) revealed that it completed the Pacific Brands Limited acquisition, which is the leading underwear and intimate apparel firm in Australia. According to Hanesbrands, the acquisition of Pacific Brands adds Bonds, babywear, socks, and Berlei, the country's top sports bra...
-
HanesBrands Gains 4% Following Acquisition Of Champion Europe
Thursday, April 7, 2016 - 1:50pm | 293Shares of Hanesbrands Inc. (NYSE: HBI) were trading higher by more than 4 percent on Thursday after the company announced it has agreed to acquire Champion Europe. Champion Europe designs and sells athletic apparel under the 'Champion' brand to retailers and consumers through its...
-
Oppenheimer: Why We Love Lululemon
Friday, August 28, 2015 - 1:10pm | 394Shares of Lululemon Athletica inc. (NASDAQ: LULU) were trading slightly higher early Friday morning, despite a bullish note by analysts at Oppenheimer. Oppenheimer's consumer/specialty retailing analyst Anna Andreeva reiterated an Outperform rating on Lululemon's stock with an unchanged $75 price...