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Citi's 6 Favorite Picks In The Apparel, Footwear Space
Thursday, April 7, 2016 - 4:14pm | 418Read More...Citi listed its six favorite stocks in the apparel and footwear sector, and said Ralph Lauren Corp (NYSE: RL) is the "most attractive" on an EV/FCF basis (12.7x). Following are Citi's views on its Buy-rated stock picks in the apparel and footwear space. Ralph Lauren "We...
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April Channel Checks Into Footwear, Apparel, Accessories Show 'Slow Start To Spring'
Monday, April 4, 2016 - 1:20pm | 267Read More...April channel checks of BB&T Capital Markets show that footwear, apparel and accessories had a "slow start to spring." "While the East Coast and parts of the Midwest arc bracing for a cold start to April, the West Coast Is forecast to have above average temperatures and a continued high level...
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Citi's Pair Trade In Footwear: Favors Deckers Over Wolverine World Wide, Skechers Remains Top Rated
Tuesday, March 29, 2016 - 1:40pm | 420Read More...Citi expects Deckers Outdoor Corp (NYSE: DECK) to outperform Wolverine World Wide, Inc. (NYSE: WWW) over the next 12-months, as it sees greater relative upside opportunity from Deckers' UGG product transition, improved segmentation and cost-cutting initiatives. Pair Trade "While WWW's FY16 outlook...
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Finish Line's Big Q3 Earnings Miss And Concerning Guidance Has Shares Down 16%
Thursday, January 7, 2016 - 9:55am | 355Read More...Shares of Finish Line Inc (NASDAQ: FINL) were trading lower by more than 16 percent early Thursday morning following the release of the company's third quarter results. Finish Line reported that it lost $0.49 per share in the third quarter on revenue of $382.1 million. The company's top...
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Analyst Offers Positive Tidbits For Retailers Following Department Store, Mass, Sporting Goods Earnings
Wednesday, August 19, 2015 - 3:29pm | 442Read More...As earning season comes to an end (with just a small handful of retailers yet to report), Susan Anderson of FBR & Co. offered what she described as "numerous valuable tidbits of information" in department store, mass, and sporting goods retailers over the past week. Anderson...
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Wunderlich's Social Media Survey: Crocs Revamped Look, Taylor Swift Drives Excitement For Keds, And More
Wednesday, June 10, 2015 - 8:50am | 402Read More...In a report published Wednesday, Wunderlich analyst Danielle McCoy discussed the latest findings from her social media survey that focuses on the footwear space. Here are the main takeaways. Steven Madden, Ltd. (NASDAQ: SHOO) showcased the diversification within its Summer collection, which...
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Credit Suisse Downgrades Mall Anchors, Says 'Yellow Caution Light Is Flashing Faster'
Thursday, June 4, 2015 - 11:37am | 390Read More...In a report published Thursday, Credit Suisse analyst Michael Exstein downgraded the Mall Anchors sector to Underweight from Market Weight. Exstein noted that excluding J C Penney Company Inc (NYSE: JCP), capital expenditure for the group will grow 23 percent year-over-year to reach 2007 levels...
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FBR Sees Domestic Strength, Solid International Trajectory Increasing Growth Visibility At Under Armour
Wednesday, April 8, 2015 - 2:11pm | 265Read More...In a report published Wednesday, FBR & Co. analyst Susan Anderson suggested that Under Armour Inc (NYSE: UA) could see its revenue jump to $8.9 billion in 2018 and climb to "well over" $10 billion the following year. According to Anderson, Under Armour could reach 20 percent international...
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Morgan Stanley Answers Which Apparel, Footwear Companies Will Benefit From Lower Gas Prices
Friday, December 26, 2014 - 9:34am | 268Read More...A team of analysts at Morgan Stanley concluded that lower gas prices help apparel, footwear and textile companies that typically serve lower-income consumers. In a research report published this week, the analysts state that higher-income consumers spend a small percentage of total income on...
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Wedbush Heads To The Shopping Malls On A Pre-Holiday Finding Mission
Monday, December 22, 2014 - 12:07pm | 335Read More...Morry Brown of Wedbush and his team spent plenty of time at shopping malls observing traffic first and discussing traffic trends with store managers through the first three weeks of December. Here are his highlights: Specialty Retail: Lululemon Athletica inc. (NASDAQ: LULU) and Gap Inc'...
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Credit Suisse On Nike: Momentum Persists Despite Currency Headwinds
Friday, December 19, 2014 - 11:37am | 227Read More...Christian Buss of Credit Suisse commented in a note on Friday that Nike Inc (NYSE: NKE) continued to demonstrate strong demand trends across regions in its second quarter results. “We continue to see opportunity for Nike to sustain low-double digit revenue growth, 40 to 50 basis points of...
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Highlights From Bank Of America's Roosevelt Field Holiday Mall Tour
Wednesday, December 10, 2014 - 1:03pm | 354Read More...Robert Ohmes of Bank of America visited the Roosevelt Field Mall during the holiday shopping period to observe first hand the performance of several retailers. These are his key takeaways. Finish Line (NASDAQ: FINL) saw healthy trends as athletic footwear and apparel momentum appeared to...
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Bank Of America On Finish Line: 'Trends Healthy, But Promos Upticking'
Wednesday, December 10, 2014 - 10:20am | 221Read More...Robert Ohmes of Bank of America commented on Wednesday following key takeaways he observed at the Roosevelt Field Mall during the Holiday shopping period thus far. According to Ohmes, athletic footwear and apparel momentum appear to be “very healthy” with strength seen in Nike Inc (NYSE: NKE) and...
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Credit Suisse: Nike Could Achieve 20% EPS Growth In 2015
Wednesday, December 10, 2014 - 9:07am | 161Read More...Christian Buss of Credit Suisse commented in a note on Wednesday that Nike Inc (NYSE: NKE) is in a position to drive 20 percent earnings per share growth in fiscal 2015. "With dominant market share, the deepest pockets, and consistent innovation, we expect Nike to continue to capture market share...
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Wunderlich: Specialty, Footwear And Apparel 'Looking Up, But Not For All'
Tuesday, December 9, 2014 - 10:07am | 237Read More...In a note to clients on Tuesday, Danielle McCoy of Wunderlich Securities stated that the outlook for consumer-driven brands are beginning to improve as unemployment continues to fall, raw material prices declining and lower gas prices result in consumers having higher disposable income. “That said...
