Under Armour’s Stock Surges after 1Q17 Earnings
Under Armour’s (UAA) stock rose 10% as the company reported better-than-expected 1Q17 top and bottom lines and maintained its fiscal 2017 guidance.
Under Armour (UAA), which released its 1Q17 results on April 27, reported a net loss of $2 million—its first-ever loss after going public in 2005.
Under Armour’s (UAA) top line slowed to 6.6% YoY (year-over-year) growth in 1Q17, compared to 20%+ average growth over the last eight quarters.
Under Armour (UAA) reported a 6.6% YoY (year-over-year) increase in 1Q17 sales to $1.1 billion, beating the consensus by $8 million.
The Baltimore-based Under Armour (UAA) reported its results for 1Q17 on Thursday, April 27. Here’s what you need to know.
On April 25, 2017, TJX Companies (TJX), Ross Stores (ROST), and Burlington Stores (BURL) were trading at 12-month forward PE ratios of 20.2x, 20.6x, and 25.1x, respectively.
The 12-month average price targets for TJX Companies, Ross Stores, and Burlington Stores are $85.35, $73.30, and $103.00, respectively.
In fiscal 2016, Ross Stores’s gross margin increased 50 basis points to 28.7%.
On April 25, 2017, TJX Companies (TJX) stock rose 4.9% on a year-to-date basis. On the same date, Ross Stores (ROST) and Burlington Stores (BURL) stock fell 1.3% and 15.3%, respectively, YTD.
TJX Companies plans to repurchase about $1.3 billion–$1.8 billion of its stock during the fiscal year ended February 3, 2018.
Despite a rough retail environment, off-price retailers TJX Companies (TJX), Ross Stores (ROST), and Burlington Stores (BURL) have been delivering strong sales growth. In this series, we’ll compare their margins, stock price movements, and analyst recommendations.
Hanesbrands (HBI) is covered by 15 Wall Street analysts who have a positive view on the company.
Hanesbrands (HBI) is currently trading at a one-year forward price-to-earnings ratio of 11x, which puts it closer to the lower end of its 52-week PE range of 9.5x – 15x.
Hanesbrands’ (HBI) management recently updated its first quarter EPS (or earnings per share) expectations.
After falling around 27% in 2016, Hanesbrands’ (HBI) stock is currently in the green, although the year-to-date (or YTD) gain is less than 1%.
With trailing 12-month sales of more than $6 billion, HanesBrands (HBI) is one the largest marketers of basic apparels in the United States.
Hanesbrands (HBI) reports its business under four major segments. Innerwear is its largest segment, and it accounted for 43% of the company’s top line in fiscal 2016.
Hanesbrands’ (HBI) management has predicted an operating profit range of $935 million–$975 million for fiscal 2017.
Hanesbrands (HBI) is slated to report its first quarter 2017 results on Tuesday, May 2, 2017. Here’s what you need to know.
VFC stock is currently trading at $56.44, which is ~17.0% below its 52-week high price.