Nike stock is breaking out Wednesday morning, clearing a 70.35 entry point from a flat base, a day after rival Under Armour cleared a bottoming base. Source: Nike Stock Breaks Out On Heels Of Under Armour Jumping Into Buy Zone Nike climbed to +70/share and Under Armour finally made it back into the 20s. While…
Source: Amid weak results and sliding stock, Finish Line adopts anti-takeover plan | 2017-08-28 | Indianapolis Business Journal | IBJ.com Earlier this year I wrote an article analyzing Finish Line as it related to the success of Foot Locker. As everyone watching sneaker retail knows right now Foot Locker’s success has also taken a dramatic…
Unlike many platforms that only report I take the time to dig into a deeper analysis of e-commerce and retail. My thoughts on the storytelling of Foot Locker and how this has helped the company to create a stronger in-store experience have always been steady and present. Insider Ties: Why Foot Locker Is Still Killing…
Source: Foot Locker’s stock plunge drags Under Armour and Nike down with it – MarketWatch Last year I was extremely high on Foot Locker and their stock as well as their ability to cope with the growing push of DTC by Nike and the shifting loyalty of buyers to adidas. I discussed that here: Insider…
Morgan Stanley upgraded Foot Locker to overweight from underweight in expectation the shoe retailer has an edge over Amazon.com in the high-end market. pic Luke Sharrett | Bloomberg | Getty Images Source: Foot Locker can beat back Amazon, Morgan Stanley says; upgrades stock In the source article on CNBC analysts are upgrading FTL stock based…
New changes at Nike include a 2% cut to its global workforce. Meanwhile, one analyst says stores are “likely canceling” Under Armour product orders. Source: Nike To Shrink Workforce As Stores Seen ‘Canceling’ Under Armour | Stock News & Stock Market Analysis – IBD As information broke this morning on layoffs looming at Nike, Elaine…
Updated stock quote for FINL – including FINL stock price today, earnings and estimates, stock charts, news, futures and other investing data. Source: Finish Line Inc. Cl A A few months ago I wrote a predictive article on how Finish Line could get better. I also explained that if Finish Line didn’t adjust they could be…
Finish Line has had a rough year. Like a lot of Retail/Brick and Mortar stores in mall locations that are dropping like flies, there are a number of culprits at play. Foot Locker, however, is thriving in this area. History has a lot to do with Foot Locker’s success. The fact that they have over…
Source: Foot Locker (FL) Q4 2016 Results – Earnings Call Transcript Yesterday Wall Street analysts and people in the sneaker community were astonished by $FL ability to pull off growth in a soft retail market. I wasn’t. Here are two articles from last year that discuss why Foot Locker has been able to adapt to…
Source: Under Armour, Inc. To Report Fourth Quarter 2016 Earnings and Webcast Conference Call With all of the news around the Curry 3, this 4th Quarter report will be vital in improving the confidence of shareholders and potential shareholders. While the call will take place on the 31st, it’s definitely something sneakerheads and business people will…
December 20th Nike held it’s Fiscal Year 1Q 2017 conference call and report and as I’ve been discussing for a few years when I began seeing the disappearance of mom and pop accounts, they pushed off the worst year on the stock market they’ve ever had by leaning heavily on their path to DTC. Their conference…
The athletic apparel company is one of five notable stocks reporting earnings. Photo: (Clive Brunskill/Getty Images) Source: Can Nike Inc (NKE) Stock Reverse Its Fortunes This Week? | Investing | US News On a typical site this would mean that a Jordan or limited release drop is coming, but on this site, if you’ve visited more…
Fears surrounding sales of its famed basketball sneakers has weighed in Nike (NKE) in 2016. Next week, the iconic sports apparel company will unveil fiscal second quarter financial results, and analysts will be looking closely for signs that Nike continued to lose share to rivals Under Armour (UA) and Adidas (ADDYY).Last week, Barron’s cautioned investors…
Source: The Trouble With Nike’s Futures The source link is probably the most concise analysis of why Nike’s Stocks have dropped this past year. Matthew Kish also gives a Bear vs Bull analysis with support from one of Nike’s most loyal analysts who sees Nike going up to 100/share, which he downgraded to around 75/share….
Under Armour’s endorsement costs are growing some 40% a year, one analyst says, and it’s not clear the company can keep up. Source: Why Steph Curry’s Success Could Crack Under Armour – Barron’s This article is going to be full of backlinks and information that discusses how I’ve been analyzing Under Armour and discussing how…
Hibbett Sports fell 10% after posting poor earnings results.The share price correction was not overdone–results were poor with no reason to believe they will improve.I would rather buy Finish Line or Source: Don’t Buy The Hibbett Sports Pullback – Hibbett Sports, Inc. (NASDAQ:HIBB) | Seeking Alpha Hibbett Sports has always been a southern sports chain….
Shares of Foot Locker were higher on Friday after its third-quarter earnings beat expectations. Earnings of $1.13 a share were three cents ahead of analysts’ estimates, while revenue of $1.88 billion was in-line with forecasts. Same-store sales increased 4.7% year-over-year, but were flat when compared to the second quarter. Inventory also rose by more than…
Foot Locker beat earnings views Friday but a comment on Under Armour’s shoe for NBA star Steph Curry appears to be hitting shares of the athletic gear maker. Source: Foot Locker’s Curry 3.0 Remark May Be Sinking Under Armour | Stock News & Stock Market Analysis – IBD Investor’s Business Daily took the time…
The demand for signature basketball shoes might be lower than anticipated Source: Under Armour Inc (NYSE:UA): Things Are Looking Dim For The Curry 3 In the category of I told you so goes this post. When I started seeing the official shots of the Curry 3 I said that the shoe had issues. The image…
Source: 3 Areas of Under Armour’s Future That Look Especially Positive Under Armour continues to be the hot topic on Wall Street after its Quarter 3 plunge. I’ve been writing that the company can rebound and that this plunge was a sign of ignorance of its shareholders. Although I’ve had questions and I’ve been…
Foot Locker reported an acceleration in sales from the first quarter. Source: Foot Locker shares jump 11 percent as basketball shoe sales regain footing A few days ago I wrote this post: 10 NBA Stories That Will Repair The Broken Basketball Sales Machine. My goal was to state that basketball sales have a real chance to…
Since it’s election day and I have to prepare to stand in a long line, I’m doing an election themed sneaker post to give you options on which sneaker stock you could buy. Like our real election I’m limiting you to three options. Like our election, they all have serious flaws. I’m pulling info from…
