Columbia Sportswear Co

On Monday, Lululemon Athletic (NASDAQ:LULU) announced that it signed an agreement to acquire an in-home fitness company, MIRROR, for $500 million.

Today, B. Riley FBR downgraded Foot Locker (NYSE:FL) from a “buy” rating to a “neutral” rating. The firm also lowered its target price from $42 to $32.

For the first quarter, analysts expect Lululemon to report revenue of $683.2 million—a fall of 12.7% from $782.3 million in the first quarter of 2019.

Today, Wells Fargo downgraded Lululemon Athletica from “overweight” to “equal weight.” However, Wells Fargo raised its target price from $250 to $275.

Skechers will likely release its first-quarter results after the financial markets close on Thursday. The company withdrew its Q1 guidance on March 18.

Consumer stocks had a truly phenomenal 2019. Let’s take a look at five consumer stocks that delivered more than 65% growth in the year.

Lululemon Athletica (LULU) is set to announce its fiscal 2019 third-quarter earnings after the market closes on December 11.

Lululemon stock is beating the broader markets by a wide margin. Barclays has initiated coverage on LULU with an “overweight” rating.

Under Armour (UAA) is set to declare its third-quarter earnings results on November 4. The company announced its CEO succession plans on October 22.

Lululemon (LULU) stock has generated stellar returns for its investors. Lululemon stock was up 68.5% year-to-date on October 17.

Nike, Under Armour, Skechers, and Columbia Sportswear fell 3.4%, 6.5%, 6.1%, and 2.8%, respectively, after a new 10% tariff was announced.

Yesterday, Columbia Sportswear (COLM) stock was up 2.7% after Bank of America Merill Lynch upgraded its rating to “buy” from “neutral.”

Nike (NKE) is set to announce its results for the fourth quarter of fiscal 2019 after the financial markets close on June 27. In March, Nike announced better-than-expected third-quarter earnings. The company’s overall revenue matched analysts’ forecast. However, investors were disappointed as Nike’s North American revenue lagged expectations.

On March 25, UBS lowered its price target for Under Armour (UAA) to $22 from $23.

Columbia Sportswear’s (COLM) 12-month forward PE multiple fell 5.3% to 21.7x on April 26.

Columbia Sportswear’s (COLM) net sales increased 7.8% to $654.61 million in the first quarter.

Several analysts raised their price targets for Columbia Sportswear after it reported strong first-quarter results and raised its outlook.

Columbia Sportswear’s (COLM) sales surged 7.8% to $654.61 million, and its adjusted EPS rose 39% to $1.07 in the first quarter of 2019.

Columbia Sportswear (COLM) stock was up 2.4% in after-market trading hours on April 25 in reaction to strong first-quarter results and an upgraded outlook for 2019.

Columbia Sportswear (COLM) has surpassed analysts’ sales expectations for eight consecutive quarters.

Skechers (SKX) stock was up 52.2% on a year-to-date basis as of April 15. The footwear company is scheduled to report its first-quarter results on April 18.

On March 18, Nike (NKE) was trading at 12-month forward PE multiple of 28.7x.

On February 14, Canada Goose (GOOS) (GOOS.TO) stock fell 12.9% on the NYSE. The company reported impressive third-quarter results.

Skechers stock rose 18.2% in after-market trading on February 7. The company announced better-than-expected fourth-quarter earnings.

On January 22, Goldman Sachs upgraded Under Armour (UAA) to “buy.” The stock didn’t move much and fell marginally.

On January 14, Nike’s 12-month forward PE ratio was 25.8x. For fiscal 2019, analysts expect Nike’s adjusted EPS to increase 10.9% YoY to $2.65.

On January 10, Under Armour’s (UAA) 12-month forward PE ratio was 58.4x. It’s trading at a higher PE multiple than its peers.

As of January 10, of the 33 analysts covering Under Armour (UAA) stock, 18% recommend a “buy” and another 27% gave it a “sell” rating.

On January 9, HSBC upgraded Nike (NKE) to “buy” from “hold.” The target price increased to $95.00 from $92.00.

After the investor meeting on December 12, there have been two price changes for Under Armour.

In the trailing nine quarters, Nike (NKE) has beaten analysts’ estimates on all occasions.

Nike’s (NKE) top line growth is driven by improving sales in North America and robust sales in overseas territories.

In fiscal 2019, analysts expect Nike’s sales to rise 7.6% to $39.2 billion and its EPS to surge ~11.0% to $2.65.

As of November 6, Nike (NKE) stock is up 22.4% YTD (year-to-date). Its performance in North America is showing signs of improvement.

On November 5, two analysts covering Under Armour (UAA) revised their target prices for the stock. Piper Jaffray increased its target price.

Columbia Sportswear’s (COLM) gross margin expanded to 48.2% in the third quarter compared to 46.7% in the third quarter of 2017.

Columbia Sportswear’s (COLM) sales rose 6.5% to $795.8 million in the third quarter, surpassing analysts’ estimate of $789.5 million.

Columbia Sportswear’s (COLM) adjusted EPS of $1.41 in the third quarter easily beat analysts’ consensus estimate of $1.27.

Rating synopsis Of the 35 analysts covering Under Armour (UAA) stock on October 23, 17.0% have a “buy” rating and 57.0% have a “hold” rating. The remaining 26% have a “sell’ rating.   Under Armour is one of the fast-growing athletic apparel, footwear, and accessories manufacturers and distributors in the United States. The company’s largest market is North […]

In the last few quarters, Skechers (SKX) stock has shown high volatility after its quarterly results.

Around 62% of analysts covering Nike recommend a “buy” for the stock, 32% recommend a “hold,” and 5% recommend a “sell.”

Currently, 37 analysts track Nike stock. Of these analysts, ~59% recommended a “buy,” 35% recommended a “hold,” and 5% recommended a “sell.”

Columbia Sportswear’s (COLM) second-quarter results led some analysts to change their target prices on the stock.

Despite strong second-quarter results and a guidance update on July 26, Columbia Sportswear’s (COLM) stock plunged the next trading day.

Along with the second quarter results, Columbia Sportswear’s (COLM) management also raised its full-year 2018 guidance for both the top and bottom lines.

Nike is a widely covered stock. Of the 35 analysts tracking it, 60% recommend “buy,” 34% recommend “hold,” and 6% recommend “sell.”

In its first-quarter results on May 31, Lululemon Athletica’s (LULU) top line increased 25% year-over-year to $650 million.

Lululemon Athletica’s (LULU) better-than-expected results and the overall positive sentiment toward the athleisure market has driven the company’s stock price to new highs this year.

Lululemon Athletica (LULU), which is slated to post its first-quarter results on May 31, is projected to post an 18.5% YoY (year-over-year) increase in sales.

Columbia Sportswear (COLM), which reported its 1Q18 results on April 26, posted a 12% YoY increase in sales to $607.3 million.

Buoyed by its first-quarter performance, COLM management raised its 2018 guidance.

Sportswear players Under Armour (UAA) and Columbia Sportswear (COLM) are rallying on the stock market today.

Nike’s balance sheet size is larger than the combined balance sheets of Lululemon Athletica (LULU), Under Armour (UAA), Columbia Sportswear (COLM), and Skechers (SKX).

Lululemon Athletica (LULU) stock surged 6.1% in the after-hours trading session after it reported a stellar fiscal 4Q17.

Lululemon’s top line rose 17.6% YoY (year-over-year) to $928.8 million in fiscal 4Q17.

Though Nike’s (NKE) strong quarterly performance didn’t translate into a stock price gain, Wall Street did respond positively to the company’s robust results.

The company outperformed on both earnings and sales and signaled the end of a rough patch it faced in its North American market.

Out of the 31 analysts covering LULU, 58% of analysts have recommended buying the stock, while 39% have suggested holding it.

Lululemon Athletica (LULU) stock has delivered an above-average performance in the last two years.

Lululemon Athletica (LULU) has delivered strong financial results so far this fiscal year.

Nike (NKE) delivered a strong performance in the stock market during 2017 with a 23% rise during the year.

Under Armour (UAA) posted a loss of $88 million in 4Q17 after including restructuring charges and the one-time impact of new tax reforms.

In fiscal 2017, Skechers crossed the $4 billion mark in annual sales for the first time in its 25-year history.

After Under Armour delivered strong performances in 2014 and 2015, its stock price slid 30% and 50% in 2016 and 2017, respectively.

Columbia (COLM) is covered by 17 Wall Street analysts, who have together rated the stock a 2.2 on a scale of 1.0 (“strong buy”) to 5.0 (“sell”).

Columbia Sportswear’s (COLM) stock had a good run in 2017, with the stock surging 23% during the year.

Wall Street has projected a 5% YoY (year-over-year) decline in Columbia Sportswear’s (COLM) EPS (earnings per share) to $1.14.

Portland-based Columbia Sportswear (COLM) plans to release its 4Q17 financial results on Thursday, February 8, 2018.

Under Armour (UAA) started 2018 on a positive note and surged more than 10.0% in the first three trading days of the new year.

As we discussed already in this three-part series, Lululemon Athletica (LULU) recorded strong holiday sales recently, which prompted the company to raise guidance on January 8.

Skechers is covered by 11 Wall Street analysts who jointly rate the stock a 1.5 on a scale of 1 for “strong buy” to 5 for “sell.”

Portland-based Columbia Sportswear (COLM) is covered by 18 Wall Street analysts. The company is rated a 2.2 on a scale of 1 for “strong buy” to 5 for “sell.”

After a rough start to 2017, sportswear stocks seem to be recovering and closing the year on a positive note. Most sportswear companies have posted a decent rally over the last month.

Nike (NKE) has had a good run so far in 2017. The sportswear giant has gained 28% as of December 15, 2017.

In this article, we’ll talk about Lululemon Athletica’s (LULU) current valuations and discuss its near-term earnings potential.

Wall Street’s reaction to Under Armour’s 3Q17 results Under Armour’s (UAA) 3Q17 results and guidance revision were followed by a series of analyst actions that ranged from target price cuts to downgrades. Among the brokers that revised UAA’s price target were UBS (from $19 to $14), Canaccord Genuity (from $15 to $8), Bernstein (from $14 to $9), […]

Baltimore-based Under Armour (UAA) reported its 3Q17 results on October 31.

Columbia Sportswear’s (COLM) stock price was $64.30 on October 26, 2017, around its 52-week high price.

For 3Q17, Columbia Sportswear (COLM) recorded 5.9% year-over-year growth in its earnings per share.

Columbia Sportswear (COLM), which reported its 3Q17 results on October 26, posted a 0.2% year-over-year increase in sales to $747.0 million.

Skechers’ (SKX) solid 3Q17 results were followed by a host of analyst actions.

For 3Q17, which ended in late September, Skechers (SKX) recorded earnings per share growth of 40% YoY (year-over-year).

Skechers’s (SKX) stock currently trades around 13 times its NTM (next-12-months) earnings, which compares to its three-year average PE (price-to-earnings) ratio of 16.3x.

Skechers (SKX), which should be reporting third-quarter results on October 19, is expected to post a 31% YoY (year-over-year) rise in earnings per share (or EPS).

As we’ve discussed in this series, Skechers (SKX) is slated to report its third-quarter results on October 19. Management expects revenues in the $1,050–$1,075 million range, rising 12.5% YoY (year-over-year) at the mid-point.

Nike’s gross margin has deteriorated over the last five quarters. In 4Q17, its gross margin fell 180 basis points to 44.3% of sales, mostly driven by currency headwinds.

Thirty-five Wall Street analysts cover Lululemon Athletica (LULU). While we discussed recent analyst action in the previous part of this series, we’ll now focus on the company’s overall analyst ratings and compare with peers.

Wall Street issued a host of price target revisions after Lululemon Athletica’s (LULU) 2Q17 top- and bottom-line beats and guidance upgrades.

Lululemon Athletica (LULU) reported a 2.6% YoY (year-over-year) rise in 2Q17 earnings per share (or EPS) when it reported its results on August 31.

Athletic apparel manufacturer Lululemon Athletica (LULU) reported its second-quarter 2017 earnings results on August 31. Here’s what you need to know.

Analysts’ expectations for 2Q17 are in line with management’s expectations. Analysts expect Lululemon’s top line to expand 10.3% to $567.5 million.

On August 21, Bank of America Merrill Lynch raised Lululemon Athletica’s (LULU) rating by two notches. The company received a “buy” rating.

Wall Street’s reaction to 2Q17 earnings Under Armour’s (UAA) 2Q17 results were followed by a host of analyst actions, ranging from target price cuts to downward revisions. The stock’s target price was revised by UBS (from $21 to $19), Canaccord Genuity (from $21 to $18), Stifel (from $19 to $18), Wedbush (from $18 to $17), […]

Baltimore-based Under Armour (UAA) reported its 2Q17 results on Tuesday, August 1. This series is an overview of Under Armour’s 2Q17 results.

Columbia Sportswear’s (COLM) analyst ratings remained unchanged after it reported its 2Q17 results. Analysts have rated the stock a 2.3.

Columbia Sportswear (COLM) stock rose 7.5% on July 28, 2017, in response to its better-than-expected 2Q17 results.

Columbia Sportswear (COLM), which reported its 2Q17 results on July 27, 2017, posted a 2.6% YoY (year-over-year) rise in sales to $399.0 million.

Portland-based Columbia Sportswear (COLM) reported results for 2Q17 on Thursday, July 27, 2017, cruising ahead of earnings and revenue estimates.

Under Armour has a 2.8 rating on a scale where one is a “strong buy” and five is a “strong sell.”

Under Armour is expected to report a loss of six cents per share in 2Q17, which follows a loss per share of one cent during the first quarter.