Eric Tracy

Shares of Finish Line Inc (NASDAQ: FINL) are up close to 40 percent over the last six months, more than doubling the performance of other footwear retailers and outperforming the rest of the S&P 500 by 30 percent. Ahead of the company’s earnings (expected after-market on December 20),...

Prices of footwear and apparel brands have dropped materially, according to Brean Capital’s branded footwear and apparel price tracker reading that stood at 105.1, versus the last read of 111.2. Analyst's Take Analyst Eric Tracy has attributed the decline to promotions in the mid-tier...

Checks indicate traffic trends in the footwear industry were broadly better during the Black Friday shopping event, Brean Capital’s Eric Tracy said in a report. Tracy noted the checks for the kick-off to the critical holiday shopping season were, however, weighed against last year's very easy...

Foot Locker, Inc. (NYSE: FL) reported solid Q3 results, with strong comp numbers. The performance was “a testament to the company's more diversified/evolved operating model,” as Foot Locker continues to adjust its assortment by category, brand and channel, Brean Capital’s...

Brean Capital’s Eric Tracy believes Nike Inc (NYSE: NKE) is in the process of an “innovation reset,” and that there are limited upside catalysts for the stock in the near term, although the long term story remains intact. Tracy downgraded the rating on the company from Buy to...

Brean Capital reaffirmed its Buy rating on PVH Corp (NYSE: PVH) ahead of its second-quarter results scheduled for August 24, saying that the company's inflecting operating model remains under-appreciated. The brokerage expects earnings of $1.28 on revenue of $1.924 billion versus the Street's view...

Nike Inc (NYSE: NKE) has announced a strategic partnership with affiliates of Apollo Global Management LLC (NYSE: APO) to create “a vertically integrated supply chain ecosystem for apparel manufacturing in the Americas,” Brean Capital’s Eric Tracy said in a report. He maintained...

Brean Capital’s Eric Tracy believes that while the current premium valuation for VF Corp (NYSE: VFC) reflects the “positives to the story,” it does not discount for some of the incremental fundamental risks. Tracy downgraded the rating on the company from Buy to Hold. Key Risks...

Brean Capital analysts Eric Tracy and Benjamin Osborn lowered their price target on Nike Inc (NYSE: NKE) shares to $62 from $68 following the company's fourth-quarter results, citing re-setting of North America, gross margin levers and focus on International that lead to tweaking of estimations....

Brean Capital said Finish Line Inc (NASDAQ: FINL) has significant opportunity to recapture margins in the second half of the year, as the operating margin headwinds begin to subside. "Given our belief that fulfillment metrics including inventory accuracy and out-of-stock rates have normalized (...

Brean Capital’s Eric Tracy prefers to maintain a cautious stance on Nike Inc (NYSE: NKE) ahead of its results announcement on June 28. Tracy maintains a Buy rating on the company, while lowering the price target from $74 to $68. Risk/Reward The analyst believes the risk/reward on the stock is...

Brean Capital’s Eric Tracy maintains a constructive stance of PVH Corp (NYSE: PVH) ahead of the 1Q results release on May 25, while mentioning that the risk/reward on the stock was currently compelling. Tracy maintains a Buy rating on the company, with a price target of $111. The Bullish...

Foot Locker, Inc. (NYSE: FL) shares lost 6 percent on Friday, after the company reported its comps significantly short of expectations. Brean Capital’s Eric Tracy maintained a Buy rating for the company, while reducing the price target from $78 to $66. Foot Locker reported its comps at +2...