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Zacks News
Foot Locker (FL) Stock Jumps 2% Ahead of Q2 Earnings: What to Watch
by Benjamin Rains
Shares of Foot Locker (FL) popped over 2% during regular trading hours Thursday in a sign that investors might expect good things from the sports retailer's quarterly financial results. But the question is will FL continue a run of impressive retail earnings? Let's take a look at Foot Locker's latest quarterly projections ahead of its Q2 earnings release Friday morning to find out.
Michael Kors Touches a 52-Week High: Can the Rally Continue?
by Zacks Equity Research
Michael Kors' (KORS) shares touch a 52-week high, driven by its Runway 2020 strategic plan and a robust performance in its e-commerce business.
What to Expect From Ross, Gap, & Foot Locker's Q2 Earnings
by Benjamin Rains
We are nearing the end of a quarterly earnings season that has seen surprisingly strong performances from retailers on the back of increased consumer spending. Retailers, from Walmart (WMT) to Nordstrom (JWN) have already posted impressive quarterly financial results, but let's see what to expect from a few retailers still left to report.
Under Armour (UAA) Up 47% YTD: What's Behind the Rally?
by Zacks Equity Research
Under Armour (UAA) is likely to benefit from its restructuring plans, store expansion and e-commerce initiatives. However, soft margins and high SG&A costs remain a concern.
The Zacks Analyst Blog Highlights: Nike, Adidas, Under Armour, Lululemon and Gap
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Nike, Adidas, Under Armour, Lululemon and Gap
Time to Buy Nike (NKE) Stock at New High?
by Benjamin Rains
Nike (NKE) saw its stock price surge over 3% Monday to touch a new 52-week high on the back of an analyst upgrade. The question is what has investors excited about the sportswear giant as it aims to fight off the likes of Adidas (ADDYY), and should you buy NKE stock as it hovers at a new all-time high?
Time to Buy Lululemon (LULU) Stock With Q2 Earnings In View?
by Benjamin Rains
Lululemon (LULU) saw its stock price pop over 2.6% Thursday amid what has been a relatively sideways few months for the yoga apparel giant. Thursday's move comes after Lululemon announced that it will release its second-quarter financial results on Thursday, August 30. Now, let's dive into the Canadian company as it aims to grab more market share from Nike (NKE) and Adidas (ADDYY).
Will Sturdy Comps Drive Kohl's (KSS) This Earnings Season?
by Zacks Equity Research
Kohl's (KSS) Q2 results to gain from higher store and online sales. Gains from inventory reduction efforts are expected to drive performance.
Better Buy: Nike (NKE) vs. Adidas (ADDYY)
by Benjamin Rains
Shares of Adidas (ADDYY) soared over 9% Thursday after the German sportswear company reported strong second-quarter results, boosted by e-commerce expansion and growth in North America and China. But rival Nike (NKE) also thrived in its most recent quarter. So let's take a look at which sportswear stock looks like the better buy at the moment.
Will Adidas (ADDYY) Remain On Top After its Quarterly Report?
by Nimah Quadri
Adidas (ADDYY) is expected to report its next quarterly earnings after the bell on August 9. Shares of ADDYY gained less than 1% just one day ahead of its upcoming earnings release.
What to Expect From Canada Goose, Adidas & Dropbox
by Benjamin Rains
Second-quarter earnings season is slowly winding down. But there are still more well-known and trendy companies left to report. So let's take a look at what to expect from a few of them.
DICK'S Sporting's Store Expansion Efforts to Boost Revenues
by Zacks Equity Research
DICK'S Sporting (DKS) to open a namesake store in Raleigh, NC, in August. Additionally, its strategic efforts to strengthen store network and expand e-commerce capabilities are impressive.
Is a Beat in the Cards for Wolverine (WWW) in Q2 Earnings?
by Zacks Equity Research
Wolverine (WWW) is gaining from its strong e-commerce growth, which is likely to drive the top line in the near term.
Will Norwegian (NCLH) Beat on Q2 Earnings Despite Cost Woes?
by Zacks Equity Research
High ticket revenues on the back of increased demand for cruise travel are likely to boost Norwegian's (NCLH) top line in the second quarter. However, rising fuel costs might limit bottom-line growth.
Will Sports Retail Stocks Survive the Direct-to-Consumer Revolution?
by Radek Gralak
Athletic apparel retailers face many challenges in the competitive apparel space, including a direct-to-consumer push from the very same brands they carry in their stores. Here's how companies like Dick's Sporting Goods and Foot Locker can survive.
MGM, the NBA, & the Future of Sports Betting
by Benjamin Rains
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into the deal between MGM Resorts (MGM) and the NBA, which could lay the foundation for the future of sports betting in the U.S.
Factors to Know Ahead of Michael Kors (KORS) Q1 Earnings
by Zacks Equity Research
Michael Kors' (KORS) efforts to innovate and diversify products are likely to boost its top line, although soft sales in licensing segment remain a threat.
Can Under Armour (UAA) Become a Sports Apparel Power Again?
by Benjamin Rains
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains breaks down Under Armour's (UAA) second quarter financial results and dives into the sportswear firm's future as it spends millions to revamp its business.
Is The End Near for Under Armour (UAA)?
by Benjamin Rains
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains breaks down Under Armour's (UAA) second quarter financial results and dives into the sportswear firm's future as it spends millions to revamp its business.
Flex (FLEX) Q1 Earnings In Line, Revenues Miss Estimates
by Zacks Equity Research
Flex's (FLEX) first-quarter fiscal 2019 results benefit from new deal wins in Medical group. However, increasing investments to support company's products remain a headwind.
Will Cleaning Unit Dent Prestige Brands' (PBH) Q1 Earnings?
by Zacks Equity Research
Persisting sluggishness in the Household Cleaning unit is likely to hurt Prestige Brands (PBH) in Q1. However, acquisitions are expected to have a positive impact.
Be Cautious About Under Armour (UAA) Stock Following Q2 Earnings
by Benjamin Rains
Shares of Under Armour (UAA) climbed Thursday after the sports apparel company reported better-than-expected second quarter revenue growth. Under Armour also posted an adjusted quarterly loss and said its restructuring costs will be higher than it initially anticipated.
Nike Addresses Gender Pay Equity, Will Give Thousands of Raises
by Chloe Shin
Nike (NKE) decided to amend its employee payment policies after conducting an internal review of its compensation practices earlier this year. The shoe giant said it will adjust and raise salaries for about 10 percent of its employees and change how it awards annual bonuses.
The Zacks Analyst Blog Highlights: Johnson & Johnson, Nike, Schlumberger, CSX and Intuitive Surgical
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Johnson & Johnson, Nike, Schlumberger, CSX and Intuitive Surgical
NFL Controversy Continues & the Sportswear Firm Investors Should Love
by Benjamin Rains
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains jumps into the latest news out of the NFL regarding its national anthem policy and how it might impact its business partners. The episode then shifts to athleisure apparel powerhouse Lululemon (LULU) and why the stock looks like a strong buy at the moment.