Skechers USA Inc

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  • uploads///Part
    Earnings Report

    Where NIKE And Under Armour Win In The Market Share Stakes

    Under Armour’s share of the apparel market rose from 14% to 16%, year-over-year, in the first nine months of 2014.

    By Phalguni Soni
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    Consumer

    3Q17 Earnings Preview: What’s in Store for Skechers?

    The California-based Skechers (SKX) is slated to release its third-quarter 2017 results on Thursday, October 19.

    By Sonya Bells
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    Consumer

    Can Skechers’ Q3 2018 Results Stop the Slide in Its Stock?

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

    By Sonya Bells
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    Company & Industry Overviews

    John Christian Walbrecht Appointed as President of Columbia Brand

    Columbia Sportswear (COLM) has a market cap of $4.1 billion. COLM fell by 0.31% to close at $58.34 per share as of February 22, 2016.

    By Gabriel Kane
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    Company & Industry Overviews

    Why Skechers Is Thriving in a Competitive Footwear Market

    Skechers grabbed the number two spot in the US footwear market last year. The company’s brands were also ranked number one in walking and work footwear.

    By Phalguni Soni
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    Company & Industry Overviews

    Susquehanna Rated Nike as ‘Positive’

    In fiscal 1Q17, Nike (NKE) repurchased 19 million shares for ~$1.1 billion.

    By Gabriel Kane
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    Earnings Report

    Under Armour’s Upbeat Outlook and Stock Price Performance

    Under Armour’s (UA) stock price hit several record highs this year. The stock has provided total returns of 54.9% over the past year.

    By Phalguni Soni
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    Fund Managers

    Inside the Fidelity Growth Company Fund Portfolio

    FDGRX’s core sectors are information technology, consumer discretionary, and healthcare. The first two sectors make up a little over 60% of the portfolio.

    By David Ashworth
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    Company & Industry Overviews

    Skechers’ China Sales Rise: What’s the Growth Outlook?

    China has been an important element in Skechers’ success in international markets. Sales from China rose to $220 million in 2015 from $86 million in 2014.

    By Phalguni Soni
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    Earnings Report

    Under Armour’s Athletic Endorsements Paid Handsome Dividends

    In terms of endorsements, the last weekend in January was eventful for Under Armour. Tom Brady won his fourth Super Bowl. He wore Under Armour cleats.

    By Phalguni Soni
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    Company & Industry Overviews

    Nike: 5-Year Returns Targets for Shareholders

    At its 2015 Investor Day held on September 14, Nike briefed the financial community on its targets for generating value for shareholders.

    By Phalguni Soni
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    Company & Industry Overviews

    Analysis: Nike’s 5-Year Roadmap to Grow Sales

    Nike holds the top position in athletic footwear and athletic apparel. It’s apparel and footwear sales were $8.6 billion and $18.3 billion, respectively, in fiscal 2015.

    By Phalguni Soni
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    Company & Industry Overviews

    Why Did Nike Rise on August 11?

    Nike has a market cap of $96.5 billion. It rose by 0.62% and closed at $57.21 per share on August 18. Nike reported fiscal 4Q16 revenues of $8.2 billion.

    By Gabriel Kane
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    Company & Industry Overviews

    Nike Still Dominates Athletic Footwear in 1Q15

    US dollar sales of athletic footwear rose 8% in the first quarter of 2015. Nike was the most dominant brand by far with a market share of 62%.

    By Phalguni Soni
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    Company & Industry Overviews

    Susquehanna Rates Deckers Outdoor as ‘Neutral’

    Deckers Outdoor (DECK) has a market cap of $2.1 billion. It rose by 1.1% to close at $67.01 per share on August 12, 2016.

    By Gabriel Kane
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    Earnings Report

    Wall Street Expects 16.5% Earnings Growth from UA in 4Q15

    Under Armour (UA) has an enviable earnings record. It’s beaten the market consensus on quarterly earnings and sales for over five years in a row.

    By Phalguni Soni
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    Earnings Report

    How Did Nike Perform in 1Q17?

    Nike (NKE) has a market cap of $92.9 billion. It rose 1.7% to close at $55.34 per share on September 27, 2016.

    By Gabriel Kane
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    Company & Industry Overviews

    Nike Announces the Launch of New Products

    Nike (NKE) fell 1.7% to close at $50.46 per share during the fifth week of November 2016.

    By Gabriel Kane
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    Consumer

    Why Nike’s Top and Bottom Lines Rose in Fiscal 2016

    Nike (NKE) has a market cap of $89.4 billion. It rose 2.3% to close at $53.09 per share on June 28.

    By Gabriel Kane
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    Earnings Report

    Understanding Nike’s Performance in Fiscal 2Q17

    Nike rose 1.9% to close at $51.79 per share on December 20, 2016. The stock’s weekly, monthly, and YTD price movements were -0.98%, 1.7%, and -16.2%.

    By Gabriel Kane
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    Earnings Report

    The Buzz around Under Armour (UA) Stock

    Under Armour has become the number two player in the US activewear market in 2014, overtaking Adidas. It also benefited from the announcement of its connected fitness purchases earlier this year.

    By Phalguni Soni
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    Earnings Report

    Nike’s Performance Is Compelling, Beating Wall Street Estimates

    Nike’s performance over the past few years has been compelling. The company has beaten consensus Wall Street revenue estimates and earnings estimates.

    By Phalguni Soni
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    Earnings Report

    Under Armour’s Footwear Business versus Skechers and New Balance

    Primarily an apparel player, Under Armour (UA) has stepped up its pace in entering new footwear categories.

    By Phalguni Soni
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    Company & Industry Overviews

    Why Did Nike Stock Fall on September 26?

    Nike (NKE) has a market cap of $91.3 billion. It fell 1.4% to close at $54.40 per share on September 26.

    By Gabriel Kane
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    Earnings Report

    Market Share Gain Spurs NIKE’s North American Footwear Revenues

    In the US, in 2014 year-to-date, NIKE, Converse, and the Jordan brands combined accounted for over 60% of market share in athletic footwear.

    By Phalguni Soni
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    Company & Industry Overviews

    JCPenney Partners with Nike

    Nike (NKE) reported fiscal 2Q17 revenues of $8.2 billion, which represents a YoY rise of 6.4%, compared to revenues of $7.7 billion in fiscal 2Q16.

    By Gabriel Kane
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    Consumer

    Skechers’ Q1 Sales Beat Estimates, COVID-19 Drags Earnings

    Skechers beat analysts’ sales expectations despite the impact of COVID-19. The company had strong momentum in the first two months of 2020.

    By Sirisha Bhogaraju
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    Consumer

    What to Expect from Skechers’ Q1 Earnings

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

    By Sirisha Bhogaraju
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    Consumer

    Why Is Under Armour Stock Facing Pressure?

    J.P. Morgan expects Under Armour’s fiscal 2020 revenues to mark 3.8% growth. J.P. Morgan’s growth forecast is well below analysts’ consensus estimate.

    By Amit Singh
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    Consumer

    Skechers Stock Rises as Deutsche Bank Gets Bullish

    Skechers (SKX) stock rose 4.0% at 3:27 PM ET today. Deutsche Bank initiated coverage with a “buy” rating and assigned a price target of $49.

    By Sirisha Bhogaraju
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    Earnings Report

    Why Lululemon Stock Could Rise Further on Q3 Earnings

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

    By Amit Singh
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    Consumer

    Lululemon Stock: What’s behind Its Exceptional Growth?

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

    By Amit Singh
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    Consumer

    How Do Nike’s North American Prospects Look in 3Q16?

    North America is Nike’s (NKE) largest segment in terms of both revenue and operating profit.

    By Phalguni Soni
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    Consumer

    How Nike Has Sustained Profitability despite Headwinds

    Nike’s profitability in fiscal 3Q16 was helped by better-than-average performance in North America and Greater China, two of its most profitable segments.

    By Phalguni Soni
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    Consumer

    How Much Has Under Armour Increased Revenue Guidance?

    Under Armour raised the higher end of its 2016 operating income estimate to $503 million–$507 million, implying a growth rate of 23.1%–24.1% over 2015.

    By Phalguni Soni
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    Company & Industry Overviews

    Skechers: Achieving Growth through Diverse Product Development

    Since the launch of its first line in 1992, Skechers has diversified into several new lines, targeting different demographics and different activities.

    By Phalguni Soni
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    Company & Industry Overviews

    Marketing and Branding: How Skechers Sells Its Footwear Products

    To maintain its market share and drive sales, Skechers spends considerable time and effort in marketing activities to promote its footwear globally.

    By Phalguni Soni
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    Company & Industry Overviews

    How Skechers Sells Its Products to Its Customers

    In 2015, Skechers became the second-largest footwear company in the United States, trailing global market leader Nike (NKE).

    By Phalguni Soni
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    Company & Industry Overviews

    How Skechers Strategizes Its Product Sell-Through

    Athletic footwear brand Skechers operates around 525 company-owned retail stores around the world. Of these, around 395 are located in the United States.

    By Phalguni Soni
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    Company & Industry Overviews

    Skechers Footwear: Design, Sourcing, and Manufacturing Overview

    Skechers designs footwear with its own in-house design team. However, it doesn’t own or operate any factories in which to conduct its manufacturing.

    By Phalguni Soni
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    Company & Industry Overviews

    How Does Skechers Manage Its Inventory and Distribution?

    In recent years, Skechers has reported improved working capital metrics. The company’s inventory turnover (or ITR) rose from 2.9x in 2013 to 3.2x in 2015.

    By Phalguni Soni
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    Company & Industry Overviews

    Mapping Skechers’ Key Future Growth Drivers

    Between the start of 2012 and the end of 1Q16, Skechers added 114 net new stores in the United States and 81 in international markets.

    By Phalguni Soni
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    Company & Industry Overviews

    Why Skechers Expects Rising Profitability and Margins in 2016

    Skechers has been able to steadily increase its profitability and margins over the past five years. The company’s net income margin rose to 7.4% in 2015.

    By Phalguni Soni
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    Company & Industry Overviews

    Comparing Skechers’ Strengths and Weaknesses

    Skechers is quickly establishing its presence in international markets. It made $3.1 billion in sales in 2015, of which 40.4% stemmed from overseas markets.

    By Phalguni Soni
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    Consumer

    Skechers Stock Falls on Mixed Third-Quarter Results

    Skechers (SKX) stock was down 4.2% today in reaction to the footwear maker’s mixed third-quarter results. Find out what went wrong for the company.

    By Sirisha Bhogaraju
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    Company & Industry Overviews

    3 Stocks That Are Up or Down Over 7% in Early Trading

    PayPal Holdings Inc. (Nasdaq: PYPL), eBay Inc. (Nasdaq: EBAY), and Skechers USA Inc. (NYSE: SKX) are making big moves this morning. Here’s what you need to know about each.

    By Joey Solitro
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    Company & Industry Overviews

    Upside in Nike and Footwear Peers despite Tariffs?

    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.

    By Sirisha Bhogaraju
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    Consumer

    What to Expect from Nike’s Q4 Results

    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.

    By Sirisha Bhogaraju
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    Consumer

    Where Does Nike’s Valuation Stand ahead of Its Q3 2019 Results?

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

    By Sirisha Bhogaraju
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    Consumer

    How DECK’s Forward PE Stacks Up against Its Peers’

    As of January 24, Deckers Outdoor (DECK) was trading at a 12-month forward PE multiple of 16.9x.

    By Victoria Dean
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    Company & Industry Overviews

    Under Armour: Goldman Sachs Upgraded It to ‘Buy’

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

    By Victoria Dean
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    Consumer

    Comparing Nike’s PE Ratio with Its Peers

    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.

    By Victoria Dean
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    Consumer

    Under Armour’s Price-to-Earnings versus Peers’

    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.

    By Victoria Dean
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    Consumer

    What Wall Street Analysts Are Saying for Under Armour

    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.

    By Victoria Dean
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    Company & Industry Overviews

    What to Expect from Under Armour’s 2019 Revenue Growth

    For the fourth quarter of 2018, Wall Street analysts expect Under Armour’s (UAA) revenue to rise 1.0% year-over-year to $1.38 billion.

    By Victoria Dean
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    Company & Industry Overviews

    Nike’s Rating: Upgrade from HSBC, Downgrade from Baird

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

    By Victoria Dean
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    Consumer

    How Deckers’ Forward PE Stacks Up with Peers

    Forward PE multiples are one of the most important metrics used for investment decisions.

    By Victoria Dean
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    Consumer

    Why Deckers Outdoor Stock Soared 59.4% in 2018

    In 2018, Deckers Outdoor (DECK) stock soared 59.4%.

    By Victoria Dean
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    Consumer

    What Drove Nike’s Fiscal 2019 Second-Quarter Revenue

    In the second quarter of fiscal 2019, Nike’s (NKE) revenue rose ~10% YoY (year-over-year) to $9.37 billion.

    By Victoria Dean
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    Consumer

    Analyzing Target Price Changes for Under Armour

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

    By Victoria Dean
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    Consumer

    What Analysts Expect of Nike’s Q2 2019 EPS

    Nike (NKE) is scheduled to announce its fiscal 2019 second-quarter earnings results on December 20.

    By Victoria Dean
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    Consumer

    Skechers’ Valuation Compared to Its Peers

    As of November 28, Skechers (SKX) was trading at a 12-month forward PE multiple of 13.6x.

    By Sirisha Bhogaraju
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    Consumer

    Skechers Stock: Do Analysts See Upside Potential?

    Skechers (SKX) stock has risen 3.0% since the company announced its third-quarter results in October. However, the stock is still in the red.

    By Sirisha Bhogaraju
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    Consumer

    How Nike’s Valuation Compares to Those of Its Peers

    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.

    By Victoria Dean
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    Consumer

    Skechers: Citigroup Downgraded the Stock to ‘Neutral’

    On October 2, Skechers shares fell ~2% after Citigroup downgraded the stock to “neutral” from “buy” due to the limited near-term upside.

    By Sonya Bells
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    Consumer

    Skechers Stock Fell 21% on July 20

    Skechers (SKX) missed the same-store sales and bottom-line expectations when it reported its second-quarter results on July 19.

    By Sonya Bells
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    Consumer

    Skechers Set to Report Q2 2018 Results This Week

    Skechers (SKX) is slated to release its Q2 2018 results after the market closes on July 19.

    By Sonya Bells
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    Consumer

    Skechers Stock Struggled after 1Q18 Results

    Though Skechers outdid Wall Street expectations on both top and bottom lines, its second-quarter guidance left investors fretting.

    By Sonya Bells
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    Consumer

    Comparing Footwear Retailers’ Stock Price Movement

    As of April 16, 2018, Deckers Outdoor (DECK), DSW (DSW), and Skechers (SKX) stock had risen 18.3%, 0.6%, 12.1%, respectively, year-to-date.

    By Victoria Dean
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    Company & Industry Overviews

    What Are Kohl’s Other Growth Strategies?

    Under its Greatness Agenda strategy, Kohl’s is revamping its merchandise offerings, emphasizing the omnichannel experience, and optimizing its marketing spending.

    By Victoria Dean
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    Consumer

    Wall Street’s View: Lululemon Stock Has a Modest Upside

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

    By Sonya Bells
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    Consumer

    How Analysts View Foot Locker after Its Fiscal 4Q17 Results

    As of March 6, 2018, most of the analysts covering Foot Locker (FL) have maintained “buy” ratings on its stock.

    By Victoria Dean
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    Consumer

    Foot Locker: Why Are Most Analysts Bullish on the Stock?

    Of the 21 analysts covering FL stock, 52.0% recommended a “buy,” 38.0% recommended a “hold,” and the remaining 10.0% recommended a “sell.”

    By Victoria Dean
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    Consumer

    What to Expect from Foot Locker’s Fiscal 4Q17 Results

    Foot Locker (FL) plans to announce its fiscal 4Q17 results on March 2. Analysts expect FL’s sales to grow ~5.0% compared with fiscal 4Q16.

    By Victoria Dean
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    Consumer

    Skechers Stock Soared after Strong Fourth-Quarter Results

    Skechers’s (SKX) solid fourth-quarter results drove SKX stock higher by 7.5% on February 9, 2018.

    By Sonya Bells
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    Consumer

    Skechers Delivered Solid Top-Line Growth in Fiscal 2017

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

    By Sonya Bells
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    Consumer

    Skechers, the Top-Performing Sportswear Stock of 2017

    The California-based Skechers (SKX) was among the best-performing sportswear stocks in 2017. The footwear company gained 54% during the year.

    By Sonya Bells
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    Consumer

    Sportswear Sector: 2017 in Review

    2017 was a challenging year for US sportswear companies. Stiff competition, particularly in the North American market, and higher mark-downs hit comps and margins for most companies.

    By Sonya Bells
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    Consumer

    How Wall Street Views Under Armour in the New Year

    Under Armour is covered by 31 Wall Street analysts, who jointly rate it a 3.2 on a scale of 1.0 (strong buy) to 5.0 (strong sell). UAA was rated a 2.3 in January 2017.

    By Sonya Bells
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    Consumer

    Why 49% of Nike Analysts Suggest a ‘Buy’

    Wall Street has a positive to neutral view on Nike (NKE). The company is rated a 2.4 on a scale of 1 for “strong buy” to 5 for “sell.”

    By Sonya Bells
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    Consumer

    Nike’s Gross Margin Expected to Contract Further in Fiscal 2Q18

    Nike’s (NKE) EPS (earnings per share) is expected to fall 18% YoY (year-over-year) to $0.41, according to Wall Street estimates.

    By Sonya Bells
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    Consumer

    Under Armour Stock Touches a 5-Year Low with Lower Guidance

    Market reaction to Under Armour’s 3Q17 results Glum guidance along with a top-line miss may have cost Under Armour (UAA) almost a quarter of its stock value. The company’s stock price fell 23.7% after it released its 3Q17 results, touching a five-year low of $12.48 and closing at $12.52 on October 31. The stock fell […]

    By Sonya Bells
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    Consumer

    Skechers Stock Sees Its Best Day after Topping 3Q Expectations

    Skechers’ stellar 3Q17 performance drove its stock price up 41% on October 20. It was the company’s biggest one-day gain since the company was listed in 1991.

    By Sonya Bells
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    Consumer

    What Drove Skechers’ Better-than-Expected Profits in 3Q17?

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

    By Sonya Bells
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    Consumer

    What Drove Skechers’ Better-than-Expected Top Line in 3Q17?

    Skechers (SKX), which reported third-quarter results on October 19, posted a 16.2% YoY (year-over-year) increase in revenues to $1.09 billion.

    By Sonya Bells
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    Consumer

    Skechers’s Valuations: More Attractive than Most Sportswear Peers

    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.

    By Sonya Bells
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    Consumer

    Why Skechers Could See Earnings Growth after 5 Quarterly Declines

    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).

    By Sonya Bells
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    Consumer

    What Could Drive Skechers’ 3Q17 Top Line

    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.

    By Sonya Bells
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    Consumer

    Is Skechers Correctly Valued? Let’s Discuss

    Skechers (SKX) is currently valued at a one-year forward price-to-earnings ratio (or PE) of 14.7x, lower than its three-year average PE of 16.7x.

    By Sonya Bells
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    Consumer

    Discussing Wall Street’s View on Skechers

    Skechers (SKX) is covered by 12 Wall Street analysts who jointly rate the company as a 2 on a scale of 1 (“strong buy”) to 5 (“sell”).

    By Sonya Bells
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    Consumer

    Skechers Reports Its Fifth Straight Fall in Earnings in 2Q17

    Skechers, which released its 2Q17 results on July 20, 2017, reported earnings per share of $0.38. The company missed analysts’ consensus expectation by a margin of $0.06.

    By Sonya Bells
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    Consumer

    Understanding Skechers’s 2Q17 Top Line Beat

    Skechers (SKX) reported a 17.3% YoY (year-over-year) rise in its 2Q17 top line to $1 billion, beating consensus expectations and its own guidance.

    By Sonya Bells
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    Consumer

    Skechers Misses on Earnings, Beats on Revenue in 2Q17

    California-based Skechers reported its 2Q17 results after the market closed on July 20, 2017. The results relate to the three-month period that ended on June 30, 2017.

    By Sonya Bells
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    Company & Industry Overviews

    CLSA Rated Under Armour as ‘Buy’

    Under Armour (UAA) reported 3Q16 net revenues of $1.5 billion, a year-over-year rise of 22.2%, compared to $1.2 billion in 3Q15.

    By Gabriel Kane
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    Company & Industry Overviews

    CLSA Rated Nike as ‘Underperform’

    Nike (NKE) has a market cap of $86.7 billion. It fell 0.64% to close at $52.93 per share on January 19, 2017.

    By Gabriel Kane
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    Company & Industry Overviews

    Under Armour Appoints Vice President of Investor Relations

    Lance Allega has been appointed as Under Armour’s (UAA) vice president of investor relations, effective January 23, 2017.

    By Gabriel Kane
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    Company & Industry Overviews

    Buckingham Research Upgrades Deckers Outdoor to a ‘Buy’

    Deckers Outdoor (DECK) reported fiscal 2Q17 net sales of $485.9 million, a fall of 0.21% from the net sales of $486.9 million in fiscal 2Q16.

    By Gabriel Kane
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    Company & Industry Overviews

    Jefferies Downgrades Steven Madden to ‘Hold’

    On January 3, 2017, Jefferies downgraded Steven Madden’s rating from “buy” to “hold” and set the stock’s price target at $37.00 per share.

    By Gabriel Kane
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    Company & Industry Overviews

    Drew Industries Announces Change of Name and Ticker Symbol

    Drew Industries (DW) rose 3.4% to close at $111.80 per share during the third week of December 2016.

    By Gabriel Kane
  • uploads///uaa pm
    Company & Industry Overviews

    Under Armour Announces the Launch of New Shoes

    Under Armour fell 1.9% to close at $31.67 per share on December 14. The stock’s weekly, monthly, and YTD price movements were -1.9%, 1.6%, and -21.4%.

    By Gabriel Kane
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