Apparel

Nike 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...

Rent 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...

Brands 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...

Lululemon 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...

Nike 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...

Nike 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:...

On 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...

On 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...

Nike 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...

Nike, 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...

Analysts are weighing in with forecasts and expectations for Nike, Inc. (NYSE:NKE) ahead of its second-quarter financial report due after Thursday's closing bell. Expert Ideas: Wall Street and investors will be watching new Nike CEO Elliot Hill who assumed the position on Oct. 14 and will be...

Nike, Inc. (NYSE:NKE) disclosed Monday a 12-year extension of its global partnership with the National Basketball Association (NBA) and the Women’s National Basketball Association (WNBA). This agreement reinforces Nike’s position as the exclusive provider of on-court uniforms for the...

American Eagle Outfitters, Inc. (NYSE:AEO) shares traded higher on Thursday. The company reportedly sued Amazon.com, Inc. (NASDAQ:AMZN) for trademark infringement and filed a complaint in Manhattan federal court. The company alleges that Amazon used its Aerie clothing line branding in search...

Key Takeaways: Xtep will sell KP Global, the owner of K-Swiss and Palladium, to Xtep’s controlling shareholders for $151 million through a series of transactions The foreign brands have racked up losses since the athletic apparel and shoe seller acquired them for $260 million in 2019 By...

Lululemon Athletica Inc. (NASDAQ:LULU) is hitting the brakes on its latest innovation, the Breezethrough collection. JPMorgan analyst Matthew R. Boss has slashed his 2024 earnings estimates and removed the stock from his Analyst Focus List. The company’s stock, currently priced at $272.06,...