Burberry Group plc
The T. Rowe Price European Stock Fund’s (PRESX) assets were spread across 62 holdings as of March 2016, three less than a quarter ago. It was managing assets worth $1.5 billion.
The Franklin International Growth Fund – Class A (FNGAX) was incepted in June 2008 and has an expense ratio of 1.4%.
The BEA (U.S. Bureau of Economic Analysis) released the second of three estimates for US economic growth for 4Q15 on February 26, 2016.
Company & Industry Overviews
The T. Rowe Price European Stock Fund did not have a good 2015. It ranked eighth for the year among the ten funds in this review.
In the trailing-one-year period, PRESX has returned -0.9% while from November’s end until December 22, the fund has fallen 5.0%.
In October and November, Lululemon Athletica announced several top-level management changes.
From the fastest-growing emerging market to casting a shadow over global growth, the Chinese economic story has indeed come a long way.
Coach stock is down -16.9% year-to-date to $31.20 on July 31, 2015. Coach’s total returns have come in at -15.5%.
Coach’s gross margin expanded to 71.6% in 3Q15 from 71.1% in 3Q14. Coach reduced the frequency of its in-store and online promotions, which should boost its margins.
Coach reported double-digit growth in revenues for Europe in 2Q15, due in part to growth in same-store sales and a wider distribution footprint.
PVH Corp. (PVH) gets ~44% of its revenue from Tommy Hilfiger’s business division. It’s the largest of all three of the reporting segments.