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Confidence In DSW Grows, Q2 Expected To Generate Upside
Wednesday, July 26, 2017 - 10:23am | 489DSW Inc. (NYSE: DSW) is gaining a good amount of positive attention from Wall Street analysts. Analysts at Deutsche Bank upgraded the stock to Buy on Tuesday and one day later analysts at Wedbush turned bullish. Wedbush's Christopher Svezia upgraded DSW's stock from Neutral to Outperform...
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Why Foot Locker Is One Mall Stock That May Not Get Shuttered
Monday, May 22, 2017 - 1:36pm | 576Foot Locker, Inc. (NYSE: FL) shares fell significantly, over 17 percent from last Thursday into Friday, after the first-quarter earnings report miss last week. Citi's 4 Reasons To Buy Despite retails notable struggles recently, Citibank analyst Kate McShane does not view Foot Locker as a typical...
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Without Accelerated Revenue Growth, Skechers Faces Earnings And Operating Leverage Challenges
Wednesday, November 2, 2016 - 10:54am | 380Wedbush Securities said unless Skechers USA Inc (NYSE: SKX) shows accelerated revenue growth in the United States, earnings improvement and operating leverage would be tough to achieve. Despite generating sales growth internationally, the brokerage said Skechers top-line expansion in the United...
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Columbia Sportswear Well Positioned For Growth With Its Diversified Revenue Stream
Wednesday, November 2, 2016 - 10:46am | 303Wedbush’s Christopher Svezia believes Columbia Sportswear Company (NASDAQ: COLM) has several growth levers that are still to be fully tapped, including the core Columbia brand. Svezia initiated coverage of the company with an Outperform rating and price target of $67. Well Positioned...
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Foot Locker Should Benefit From Favorable Industry Tailwinds
Wednesday, November 2, 2016 - 10:25am | 323Wedbush’s Christopher Svezia believes a 13 percent premium multiple is justified for Foot Locker, Inc. (NYSE: FL), given the company’s “global dominance in athletic footwear and the ability to navigate and adapt to consumer preferences.” Svezia initiated coverage of the...
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Leadership Position For Dick's Sporting Goods Will Continue To Improve Post-TSA Bankruptcy
Wednesday, November 2, 2016 - 9:55am | 419Wedbush Securities has started coverage of Dicks Sporting Goods Inc (NYSE: DKS) with an Outperform rating and $65 target price on competitive strength and solid leadership position. Dick’s Sporting Goods is the largest beneficiary of the bankruptcy of The Sports Authority (TSA), and the...
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Finish Line Initiated Outperform At Wedbush On Capital Allocation
Wednesday, November 2, 2016 - 9:48am | 352Christopher Svezia of Wedbush initiated coverage of Finish Line Inc (NASDAQ: FINL) on Wednesday with an Outperform rating and $25 price target. According to Svezia, Finish Line has suffered over the years as it wasn't the best positioned to address changed trends and showcasing the right products...
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Nike Lacks Margin Visibility, Suffers 'Difficult' Growth Comps
Wednesday, November 2, 2016 - 9:09am | 328Nike Inc (NYSE: NKE) will likely continue to face challenges in the medium term, with intensifying competition in the United States and as “the product pendulum swings away from some of the company’s key categories,” Wedbush’s Christopher Svezia said in a report. He...
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Susquehanna Upgrades Wolverine World Wide To Positive
Thursday, July 7, 2016 - 10:13am | 312Susquehanna’s Christopher Svezia believes the full-year guidance for Wolverine World Wide, Inc. (NYSE: WWW) is mostly achievable, given that the worst of the margin and sales decline seems to be behind the company. Svezia upgraded the rating on the company from Neutral to Positive, while...
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Foot Locker Is Still The Best House On The Retail Block, Could Be Amazon-Immune
Monday, May 16, 2016 - 4:05pm | 525Foot Locker, Inc. (NYSE: FL) is expected to report its first-quarter numbers on May 20, and Susquehanna expects EPS of $1.38, a penny below the Street's view. The brokerage also noted that the retailer is the least affected by Amazon.com, Inc. (NASDAQ: AMZN) within the retail sector....
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Analysts Respond To Dicks' Q4 Results, Guidance
Thursday, March 10, 2016 - 10:22am | 536Analysts, in general, are optimistic on Dicks Sporting Goods Inc (NYSE: DKS), despite the warm weather that led the company's quarterly results to miss the Street's view. However, the shares closed 2.46 percent higher, implying investors were expecting such a result and are looking into the future...
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The Bull Thesis For Skechers
Monday, November 16, 2015 - 10:27am | 245Shares of Skechers USA Inc (NYSE: SKX) are up 38 percent year-to-date, despite having plunged 42 percent since October 16. Susquehanna’s Christopher Svezia maintained a Positive rating on the company, while reducing the price target from $45 to $30. There is a possibility of slower...
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Deckers Earnings: What's Expected?
Thursday, May 28, 2015 - 2:15pm | 410Deckers Outdoor Corp (NYSE: DECK) reports Q4 earnings Thursday following the market close. The Estimize consensus expected EPS of $0.03 on revenue of $322.87 million while the Wall Street consensus anticipated EPS of -$0.01 on revenue of $320.37 million. Wunderlich analyst Danielle McCoy...
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Susquehanna Says Under Armour Now Worth $77/Share
Wednesday, April 15, 2015 - 2:55pm | 268In a report published Wednesday, Susquehanna Group analyst Christopher Svezia previewed Under Armour Inc (NYSE: UA)'s upcoming first quarter results scheduled for April 21. Svezia estimated the company will earn $0.04 per share in the quarter on revenue of $803.9 million. The Estimize Consensus...
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What The DECK Happened? Deckers Outdoor Announces Ugly Guidance
Friday, February 28, 2014 - 3:19pm | 894Despite a strong fourth quarter report released on Thursday, shares of Deckers Outdoor (NASDAQ: DECK) tumbled lower as investors clearly signaled the company's guidance for 2014 was unacceptable. Deckers easily beat its fourth quarter consensus estimate of $3.80 by $0.24. Revenue of $736...