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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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Nike's Getting Back In Shape While Under Armour Slows Down
Monday, October 17, 2016 - 9:55am | 615Morgan Stanley said in a research note on Monday that, of the athletic wear retailers, Nike Inc (NYSE: NKE) is working hard to get its inventory levels back in shape and Under Armour Inc (NYSE: UA)'s footwear momentum is slowing. However, the firm is of the view adidas AG (ADR) (OTC: ADDYY) remains...
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Nike In Trouble? Adidas Is Dominating Casual Athletic Space
Monday, September 26, 2016 - 2:29pm | 724It's no secret adidas AG (ADR) (OTC: ADDYY)'s stock is on fire this year. The company has steadily risen to become a legitimate threat to Nike Inc (NYSE: NKE) over that same period. With Nike set to release Q1 earnings this week, investors are reasonably concerned with Nike's growth prospects,...
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Social Media's Adidas Love Continues Into Summer
Wednesday, June 29, 2016 - 3:29pm | 360According to the latest data from TickerTags, adidas AG (ADR) (OTC: ADDYY)’s NMD has been the shoe of the year in the first half of 2016. TickerTags monitors social media sites to identify trends by searching for words and phrases that appear together in social media content, such as tweets....
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Foot Locker Is Still The Best House On The Retail Block, Could Be Amazon-Immune
Monday, May 16, 2016 - 4:05pm | 525Foot Locker, Inc. (NYSE: FL) is expected to report its first-quarter numbers on May 20, and Susquehanna expects EPS of $1.38, a penny below the Street's view. The brokerage also noted that the retailer is the least affected by Amazon.com, Inc. (NASDAQ: AMZN) within the retail sector....