athletic apparel

Jim Cramer discussed the challenges facing the athletic apparel industry on CNBC’s “Mad Money” on Thursday. Nike Inc (NYSE:NKE) and Lululemon Athletica Inc (NASDAQ:LULU) are experiencing growth challenges, he said. Nike’s stock, for example, underperformed for over two...

Shares of footwear and apparel maker Skechers USA Inc (NYSE:SKX) are gaining after the company reported better-than-expected first-quarter FY24 earnings. Skechers reported first-quarter FY24 sales growth of 12.5% year-on-year to $2.251 billion, beating the analyst consensus estimate of $2.204...

One of the most searched items on Google of 2023 was the Middle East conflict involving the Hamas terrorist group and the regions of Israel and Gaza. Israel is losing its sponsor for its soccer team, but it likely has nothing to do with the current war. What Happened: Sportswear company PUMA SE (...

Shares of Nike Inc (NYSE: NKE) continued to decline in early trading on Friday, after the company reported a rare earnings miss for its fiscal fourth quarter. Here’s a look at some key analyst takeaways. Wedbush On Nike Analyst Tom Nikic maintained an Outperform rating while raising the price...

Apparel company Lululemon Athletica Inc (NASDAQ: LULU) reported first quarter financial results that beat Street consensus estimates for both revenue and earnings per share. Analysts are upgrading their price targets after the quarterly results. The Lululemon Analysts: Wedbush analyst Tom...

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...

Athletic apparel company Lululemon Athletica Inc (NASDAQ: LULU) reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Lululemon reported fourth-quarter revenue of $2.77 billion, which was up 30% year-over-year. The revenue total beat a...

Nike, Inc (NYSE: NKE) was sliding 4% lower Tuesday as the company heads into its second-quarter earnings print after the close. When Nike printed a first-quarter earnings beat on Sept. 29, the stock plunged 12% lower the following day. Although the company’s earnings came in ahead of...

Athletic apparel company Lululemon Athletica (NASDAQ: LULU) reported third-quarter financial results Thursday after market close. Analysts are updating their takes on the company after the earnings report and guidance for the fourth quarter. The Lululemon Analysts: Bank of America analyst Lorraine...

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the last two years. But there is no question some big-name stocks performed better than others since the pandemic bottom. Nike's Bumpy Road: One company that has been a solid...

Tennis legend Roger Federer announced his retirement Thursday (Sept. 15). Federer leaves the sport ranking third for men in Grand Slam titles and as one of the top earnings athletes ever. What Happened: At the age of 41 and after competing in more than 1,500 professional matches, Federer...

Foot Locker, Inc (NYSE: FL) unexpectedly announced the departure of current CEO Richard Johnson and named former Ulta Beauty Inc (NASDAQ: ULTA) CEO Mary Dillon as his replacement, which is a “thesis changing move,” according to BofA Securities. The Foot Locker Analyst: Lorraine...

Lululemon Athletica Inc (NASDAQ: LULU) reported revenues of $1.61 billion, ahead of the consensus estimate of $1.53 billion, and earnings of $1.48 per share, exceeding Street expectations of $1.43 per share. Wells Fargo On Lululemon Athletica: Analyst Ike Boruchow maintained an Equal Weight...

Columbia Sportswear Company (NASDAQ: COLM) seems to be better positioned than was earlier anticipated for the second half of 2022, according to Seaport Research Partners. The Columbia Sportswear Analyst: Mitch Kummetz upgraded the rating for Columbia Sportswear from Neutral to Buy, while...

Clarus Corp (NASDAQ: CLAR) has a unique portfolio of “Super Fan” leisure brands and is poised to benefit from the trend of “solitary leisure,” according to BofA Securities. The Clarus Analyst: Alexander Perry initiated coverage of Clarus with a Buy rating and a price target...