Apparel

Shares of Lululemon Athletica Inc (NASDAQ: LULU) made big moves in early trading on Wednesday. The company reported fourth-quarter revenue of $2.77 billion, up 30% year-over-year and higher than Street expectations of $2.70 billion. Lululemon’s adjusted earnings of $4.40 per share also topped...

Lululemon Athletica, Inc (NASDAQ: LULU) is set to print its fourth-quarter financial results after the market closes Tuesday. When the Vancouver-based apparel giant printed its third-quarter results on Dec. 8, the stock plunged 12.85% the following trading day and subsequently confirmed a fairly...

Nike, Inc (NYSE: NKE) was edging 2.5% higher Tuesday as the company heads into its third-quarter earnings print after the close. When Nike printed a second-quarter earnings beat on Dec. 20, the stock rallied 11.55% the following day. Traders and investors will be watching to see if Nike’s...

Electric vehicle company Tesla Inc (NASDAQ: TSLA) often sells merchandise based on its products. Given the popularity of Tesla and its loyal base of fans and customers, products often sell out and are found later on auction sites such as eBay Inc (NASDAQ: EBAY) for double or more than the...

By Patrick McKeever While there are growing concerns about record inflation, rising borrowing costs, the psychological impact of Russia’s invasion of Ukraine, and record-high gasoline prices, U.S. consumers continue to be very resilient, buoyed by broad-based labor-market strength, solid wage...

Carter's, Inc. (NYSE: CRI) faces a risk to margins as the promotional environment normalizes, according to Bofa Securities. The Carter's Analyst: Christopher Nardone downgraded the rating for Carter's from Buy to Underperform, while reducing the price target from $120 to $82. The Carter...

Sports apparel and footwear retailer Foot Locker Inc (NYSE: FL) reported fourth-quarter financial results Friday. The earnings report resulted in downgrades by Seaport Research and Morgan Stanley. Here's what the analysts had to say.  The Foot Locker Analysts: Seaport Research analyst...

Nike Inc. (NYSE: NKE) has filed a lawsuit against Lululemon Athletica Inc. (NASDAQ: LULU), accusing the apparel company of patent infringement over its at-home Mirror fitness device and accompanying mobile apps. What Happened: Nike said in its lawsuit that it owns a robust portfolio of patents...

Allbirds Inc.’s (NASDAQ: BIRD) focus on sustainability gives it a “unique competitive moat,” according to BofA Securities. The Allbirds Analyst: Lorraine Hutchinson initiated coverage with a Buy rating and a price target of $23. The Allbirds Thesis: Its innovative product...

Naked Brand Group Ltd (NASDAQ: NAKD) opened higher on Monday but eventually continued the much-needed consolidation Benzinga called out last Wednesday. Between Aug. 24 and Aug. 26, the stock ran almost 40% higher. This put Naked Brand’s relative strength index above 70% and into...

Levi Strauss & Co. (NYSE: LEVI) has indicated it is in the early stages of a new denim cycle, according to Wells Fargo. The Levi Strauss Analyst: Ike Boruchow initiated coverage of Levi Strauss with an Overweight rating and a price target of $31. The Levi Strauss Thesis: The company is among...

Poshmark Inc (NASDAQ: POSH) is the best-positioned company in the market for resale apparel, given its “asset-light business model,” which supports healthy long-term margins and allows for “rapid expansion in new markets with minimal expected capex,” according to Stifel. The...

Adidas AG (OTC: ADDYY) has formed a partnership with fitness company Peloton Interactive Inc. (NASDAQ: PTON) to create an exclusive apparel line. What Happened: Adidas said that its partnership with Peloton will begin with the "adidas x Peloton SS21" collection, a line of performance wear...

Under Armour Inc (NYSE: UAA) is an "unloved" company among analysts but the company has a path to deliver upside versus expectations, according to Piper Sandler. The Under Armour Analyst: Erinn Murphy upgraded Under Armour's stock from Neutral to Overweight with a price...

Foot Locker, Inc’s (NYSE: FL) stock valuation seems attractive given the durability of the company’s competitive position and its stake in GOAT Group, known for its online sneaker offerings, according to Cowen Consumer Tracker Survey. The Foot Locker Analyst: John Kernan...