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What EA Investors Should Know About Early 'Madden NFL 21' Sales Figures
Friday, September 4, 2020 - 7:55am | 416Electronic Arts (NASDAQ: EA), maker of the popular Madden video game franchise, reported early sales figures and stats from this year’s game. What Happened: EA reported first week sales of “Madden NFL 21” were up nearly 20% year over year. Customers had played 460,000...
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Early Data Suggests Restaurant Industry Is Bottoming Out
Tuesday, April 14, 2020 - 3:22pm | 297U.S. restaurant customer transactions fell 41% for the week ending April 5, marking a very slight improvement from the 42% fall seen in the prior week. This could serve as an early indicator that the restaurant industry has bottomed out, according to NPD. Some Restaurants Fare Better Than...
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Webcam, Computer Accessory Demand Booms As Workers Telecommute During Coronavirus Pandemic
Tuesday, April 14, 2020 - 2:51pm | 722The COVID-19 pandemic has radically changed the nature of work and sparked demand for an ecosystem of products and services that facilitate remote work and social distancing. Demand for products such as webcams, computer accessories, PCs and notebooks has been on the rise since the outbreak...
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Want To Be A Professional Gamer? Detroit Is Your Best Bet
Saturday, October 27, 2018 - 10:20am | 373Want to be a full-time gamer? Detroit is the best place to make it in competitive gaming according to a new study. To be considered a full-time gamer, one needs to make an average of $69,119 per year and have 1,920 followers on Amazon.com, Inc. (NASDAQ: AMZN)'s's Twitch, according to Value...
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The Success Of 'Fortnite' Is Driving Massive Gaming Headset Sales
Monday, May 7, 2018 - 3:51pm | 820Five months into the year, "Fortnite" is unquestionably the biggest story in gaming. The battle royale-style free play game continues to spread through word of mouth and a virality that has touched numerous aspects of society. And now it's driving hardware sales. Video game...
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Under Armour's Existential Crisis: Niche Player Or Global Competitor?
Wednesday, May 2, 2018 - 11:46am | 922Under Armour Inc (NYSE: UAA) reported a first-quarter earnings and sales beat Tuesday, but it wasn't enough to prop up the struggling athletic apparel brand's stock. Sales for the Baltimore-based company came in at $1.2 billion, beating estimates by $100 million. Earnings came in flat and...
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Low 'Star Wars' Sales Drive Electronic Arts Downgrade, Says Morgan Stanley
Friday, January 12, 2018 - 10:23am | 393Expectations for Electronic Arts Inc. (NASDAQ: EA)'s latest "Star Wars" game were high, and recent disappointing third party data prompted one Wall Street analyst to part ways with his bullish stance on the stock. The Analyst Morgan Stanley's Brian Nowak downgraded EA from...
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Industry Expert: Abandoning The Scarcity Model Has Hurt Nike
Tuesday, October 3, 2017 - 1:34pm | 526As markets continue toward all-time highs, Nike Inc (NYSE: NKE) has registered just a 2-percent gain on the year. Despite turning in a first-quarter earnings beat amid low expectations, Nike had its slowest revenue growth in six years. The earnings beat failed to move the needle, and one industry...
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Is Tyson Foods Bawking The Chicken Trend?
Wednesday, February 8, 2017 - 1:19pm | 693Tyson Foods, Inc. (NYSE: TSN) and Buffalo Wild Wings (NASDAQ: BWLD) reported over the last couple of days financial results for their fourth quarter. Tyson Foods managed to hold itself above the waters despite a regulatory probe overhang. That said, Buffalo Wild Wings managed to succumb to...
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2016 Footwear Industry Recap: Retro Classics Grew 26% On The Year
Monday, January 30, 2017 - 3:48pm | 427The U.S. athletic footwear industry closed a solid 2016, generating over $17.5 billion in sales, a 3 percent increase year-over-year. The classics category had a standout year, experiencing 26 percent growth while generating $4.4 billion in sales. Companies with a strong classics portfolio...
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The 2016 Holiday Season's Best Toys
Thursday, December 29, 2016 - 12:25pm | 635The toy story has become engrossing, with estimates predicting a healthy 6.5 percent growth for the toy industry. NPD estimates toy sales growth of 6.5 percent for the year after an estimated 6 percent growth from January through September 2016. Over the years, the toy industry has turned in some...
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A Holiday Sales Update From NPD: 2016 May Fall Flat
Tuesday, December 13, 2016 - 11:07am | 494Thanksgiving week is usually one of the strongest for retail sales in the United States, kicking off the holiday shopping season. This year was no different. According to the NPD Group’s data, weekly point-of-sale figures for the main general merchandise categories show sales in the...
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Stifel Cuts GameStop Estimates After New NPD Data Release, PacCrest Calls It 'Shockingly Bad'
Friday, December 11, 2015 - 12:43pm | 457The share price of GameStop Corp. (NYSE: GME) has declined 30.71 percent over the last month, dipping almost to its 52-week low. Stifel’s David A. Schick has maintained a Hold rating, while Evan Wilson of Pacific Crest has maintained a Sector Weight rating on the company. The NPD...
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What Michael Pachter Is Watching In The Video Game Space
Tuesday, September 8, 2015 - 4:50pm | 283Michael Pachter of Wedbush is one of Wall Street's leading authorities on the video game space. In a report published Tuesday, Pachter previewed Thursday's NPD release which he expects to show August's console/handheld software sales falling 5 percent year-over-year to $220 million. That marks the...
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Analysts Agree: Activision Has Clear Upside
Tuesday, August 4, 2015 - 11:29am | 476Activision Blizzard, Inc. (NASDAQ: ATVI) is scheduled to report its second-quarter results after Tuesday's market close. The Estimize community (based on 30 estimates) is expecting the company to earn $0.11 per share on revenue of $675.84 million. The Wall Street's consensus estimate is...