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Barron's Picks And Pans: Alphabet, IAC, Spotify, Under Armour And More
Sunday, April 8, 2018 - 2:07pm | 729This weekend's Barron's shows why Google's parent now stands out among the tech titans. Other featured articles examine a "dot-com hatchery" that is outperforming and why a recent IPO is no lightweight. Also, the prospects for a pair of apparel makers, one out-of-...
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With Acquisition Rumors Swirling and Nike Declining, Footwear Retailers Must Act Quickly
Thursday, September 28, 2017 - 4:55pm | 455With Finish Line Inc (NYSE: FINL) acquisition rumors swirling, the footwear retail industry is in dire need of a change. Retailers Finish Line and Foot Locker, Inc. (NYSE: FL)'s heavy reliance on Nike Inc (NYSE: NKE) has spelled doom for the companies' stock for several reasons: Nike just...
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Finish Line Skyrockets On Takeover Talks
Thursday, September 28, 2017 - 4:16pm | 350Footwear retailers shares are skyrocketing on a new report that a British retailer may be in talks to acquire Finish Line Inc (NYSE: FINL). Shares of the footwear retailer moved up 12 percent in 10 minutes on Thursday afternoon. According to the New York Post, British-based Sports Direct, who...
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Nike 'Best In Class' According To Bernstein, Receives Outperform Rating
Tuesday, September 12, 2017 - 1:25pm | 583Nike Inc (NYSE: NKE)'s brand sentiment in North America has been a contentious topic over the past few years, but a new Bernstein report affirms that the company is still ‘Best In Class.’ Despite increasing competition in the space, Bernstein analyst Jamie Merriman believes athletic...
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Are Foot Locker And Finish Line's Problems All Nike's Fault?
Wednesday, August 30, 2017 - 10:12am | 439Were Foot Locker, Inc. (NYSE: FL) and Finish Line Inc (NASDAQ: FINL)'s devastating second quarters largely due to Nike Inc (NYSE: NKE)'s fall from grace? Nike's struggles are well noted, and retailers heavily dependent on the brand have been getting crushed lately. Nike accounted for a...
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Back-To-School Season Won't Save Finish Line
Tuesday, August 29, 2017 - 1:19pm | 367Things are rough right now for athletic retailers, and a rush from back-to-school shopping is unlikely to save them. Sports industry analyst Matt Powell of NPD Group previously told Benzinga that this back-to-school season was the most promotional he has seen in 20 years. Finish Line Inc (NASDAQ:...
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Finish Line's Shin Splints: Poor Quarterly Pre-Announcement Pummels Stock, Downgrade Follows
Tuesday, August 29, 2017 - 9:21am | 389Shares of Finish Line Inc (NASDAQ: FINL) plummeted 30 percent after the retail sportswear chain surprised investors with its second-quarter earnings pre-announcement. As a result of the poor report, Buckingham Research Group's Scott Krasik downgraded Finish Line's stock from Neutral to Underperform...
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Nike's Direct-To-Consumer Approach, Push Into Digital Keep Stock Buy Rated At UBS
Friday, June 30, 2017 - 3:46pm | 470Nike Inc (NYSE: NKE) shares were seen surging Friday after a fourth-quarter earnings beat that eased some investors concerns despite lower expectations. UBS analyst Michael Binetti said Nike management did the right thing by guiding fiscal year 2018 revenues below its long-term growth target. UBS...
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Finish Line Is An Example Of How Not To Operate An Apparel Business
Thursday, December 22, 2016 - 1:08pm | 369Finish Line Inc (NASDAQ: FINL)'s stock plunged 15 percent on Wednesday, and the decline carried over into Thursday's trading session in reaction to the company's poor third-quarter earnings report. Gadfly's Shelly Banjo hinted that Finish Line's poor results shouldn't necessarily come as a surprise...
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Finish Line's Earnings Report Wasn't Very Good
Wednesday, December 21, 2016 - 9:05am | 315Finish Line Inc's (NASDAQ: FINL) second quarter results initially impressed investors on September 23 and the stock rose more than 5 percent. However, as the trading day progressed investors turned negative on the retailer and the stock gave up all of its gains and closed the day at $22.75...
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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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Finish Line's Big Q3 Earnings Miss And Concerning Guidance Has Shares Down 16%
Thursday, January 7, 2016 - 9:55am | 355Shares of Finish Line Inc (NASDAQ: FINL) were trading lower by more than 16 percent early Thursday morning following the release of the company's third quarter results. Finish Line reported that it lost $0.49 per share in the third quarter on revenue of $382.1 million. The company's top...
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Earnings Expectations: Little Excitement For Bed Bath & Beyond And Monsanto
Sunday, January 3, 2016 - 7:27pm | 609Earnings reports are due from Bed Bath & Beyond Inc. (NASDAQ: BBBY) and Monsanto Company (NYSE: MON) this week. Wall Street expectations are mixed to low for their quarterly results. The fourth-quarter earnings season begins in mid-January. While we have turned the calendar page on a new...
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Earnings Expectations: High Hopes For KB Home And Walgreens
Sunday, January 3, 2016 - 7:20pm | 619Reports from KB Home (NYSE: KBH) and Walgreens Boots Alliance Inc (NASDAQ: WBA) highlight another quiet earnings week. Top-line and bottom-line growth are predicted for both of them. The fourth-quarter earnings season begins in mid-January. While we have turned the calendar page on a new year,...
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UPDATE: Morgan Stanley Initiates Coverage On Brown Shoe Company
Thursday, October 30, 2014 - 12:17pm | 192Jay Sole of Morgan Stanley initiated coverage of Brown Shoe Company (NYSE: BWS) with an Underweight rating and $24.50 price target. "Brown Shoe Company's wholesale division is weighed down with deteriorating assets and we think sales will fall short of expectations," Sole wrote. The analyst adds...