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Doubts About Wolverine World Wide's Top-Line Appear To Be Lifting, Analyst Upgrades
Wednesday, May 17, 2017 - 12:43pm | 461Following Wolverine World Wide, Inc.'s (NYSE: WWW) first-quarter results last week and Baird's travel with the management in Europe, the firm said its doubts regarding top-line fundamentals appear to be lifting. Accordingly, the firm upgraded the stock. Analyst Jonathan Komp noted he has...
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A Broader Reset For Under Armour's Curry Line May Be Needed
Wednesday, April 12, 2017 - 2:29pm | 435Baird's Jonathan Komp initially highlighted back in November a "soft initial reception" for Under Armour Inc (NYSE: UAA)'s Curry 3 launch. However, his initial thesis has not only been confirmed, but there are new worrisome signs. In a research reported dated Tuesday, the analyst...
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Why The Selloff In Planet Fitness Is Disconnected From Strong Fundamentals
Tuesday, April 4, 2017 - 3:59pm | 549Planet Fitness Inc (NYSE: PLNT) shares have been on a retreat since March. In a note released Monday, Baird said the selloff appears disconnected from strong fundamentals. The firm addressed a few topics that explains the disconnect. Not Concerned About Deferred Revenue Analysts Jonathan Komp...
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Wall Street Reacts To Nike's Q3 Results
Wednesday, March 22, 2017 - 2:50pm | 844Nike Inc's (NYSE: NKE) revenue miss in its third quarter earnings report resulted in a more than 5 percent decline in the stock. As investors sent a clear signal they aren't impressed with the report and the company's outlook, were Wall Street analysts equally as disappointed? Don...
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2 Convincing Reasons Baird Thinks You Should Stick With Under Armour
Thursday, February 2, 2017 - 12:08pm | 380Despite weaker fundamentals, Baird sticks with its Outperform rating on Under Armour Inc (NYSE: UA) (NYSE: UAA) as it feels the brand value remains in favor, and management has the will/fortitude to turn the ship. Under Armour, the athletic footwear maker, issued a disappointing fourth-quarter...
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Under Armour Down But Not Out; Analyst Sticks With Outperform Rating
Wednesday, February 1, 2017 - 12:27pm | 389Baird retained its Outperform rating on Under Armour Inc (NYSE: UA) (NYSE: UAA) shares, despite a weak fourth-quarter report and outlook, saying these are only temporary disruptions and not deterioration of brand fundamentals. Analyst Commentary Under Armour earned $0.23 per share in the fourth...
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Stay Patient, Under Armour Investors; Your Time May Come Post-Q4 Earnings
Monday, January 30, 2017 - 12:52pm | 332Shares of Under Armour Inc (NYSE: UA) (NYSE: UAA) continue trading at multi-year lows due to near-term concerns surrounding the brand's fundamentals and external macro factors — and this creates a buying opportunity. According to Baird's Jonathan Komp, Under Armour's stock now looks...
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Recent Bull Run In Foot Locker Leaves Little Room For Upside Following Q3 Report
Tuesday, November 15, 2016 - 12:54pm | 385Foot Locker, Inc. (NYSE: FL) is set to report its third-quarter numbers on November 18. But, analysts at Baird said they would be surprised to see meaningful upside in shares, even if the company delivers strong results, as it believes the good report may already be priced in to the shares. Quarter...
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There Are A Lot Of Moving Parts To Understand In Nike's Q1 Results
Wednesday, September 28, 2016 - 12:17pm | 293Baird reiterated its Outperform rating on Nike Inc (NYSE: NKE) despite the company reporting a mixed first quarter performance with better-than-expected earnings offset by a disappointing gross margin. "While the report is mildly disappointing, sentiment likely already reflected low...
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Analyst Thoughts On Kohl's Partnership With Under Armour
Friday, September 23, 2016 - 12:33pm | 370Kohl's Corporation (NYSE: KSS) will begin selling Under Armour Inc (NYSE: UA) products next spring. According to Jonathan Komp of Baird, the relationship between the two is expected to be a win-win and will allow Under Armour to better serve an untapped customer base with a differentiated product...
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Under Armour: Pursuing Anything, But Not Everything
Tuesday, September 13, 2016 - 1:35pm | 351Jonathan Komp, an analyst at Baird, recently met with Under Armour Inc (NYSE: UA)'s Chief Financial Officer Chip Molloy and Director of Investor Relations Carrie Gillard. Komp stated in a research report following the meeting that he believes Molloy will bring a "disciplined approach to...
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This Analyst Just Got A First Look At Finish Line's New Store Model
Friday, July 22, 2016 - 12:48pm | 219Baird issued positive comments after touring Finish Line Inc (NASDAQ: FINL)'s first store modeled on a new format as part of an aggressive multi-year remodeling program. "Early customer/vendor feedback appears positive, and we are impressed by the fresh/modern design and enhanced brand...
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8 Takeaways From Nike's Q4 Results
Wednesday, July 6, 2016 - 3:19pm | 282Since reporting Q1 earnings last week, Nike Inc (NYSE: NKE) shares are up 4.6 percent. Baird analyst Jonathan Komp is among those impressed by Nike’s quarter. 8 Things In a new report, Komp outlined his take on eight important Nike topics following earnings: Consensus fiscal 2017 earnings...
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Analysts At Baird Impressed With Duluth Holdings
Wednesday, July 6, 2016 - 2:16pm | 258Baird reiterated its Outperform rating and $29 price target on Duluth Holdings Inc (NASDAQ: DLTH) saying the company's growth profile is supported by whitespace opportunity in multiple areas that include new customer acquisition, merchandising enhancements, and retail buildout. "...
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Baird's Stock Picks In Footwear And Fitness Amid Brexit Fallout
Monday, June 27, 2016 - 3:46pm | 445Baird prefers Nike Inc (NYSE: NKE), Planet Fitness Inc (NYSE: PLNT) and Duluth Holdings Inc (NASDAQ: DLTH) in the apparel, footwear and fitness sectors, despite being concerned about market volatility and political uncertainty raising the risk of a U.S./global recession in the intermediate term. "...