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Thank You, Mario! Nintendo Rescues The Year For Video Game Sales
Saturday, October 28, 2017 - 11:57am | 356The Nintendo Co., Ltd (ADR) (OTC: NTDOY) Switch console has been a surprise hit for investors and has single-handedly rejuvenated U.S. video game sales. But according to NPD Group analyst Mat Piscatella, the Switch passed the torch to the recently-launched SNES Classic platform in the month of...
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Caution Suggested Ahead Of Foot Locker Earnings
Thursday, August 17, 2017 - 1:51pm | 421Foot Locker, Inc. (NYSE: FL) valuation may be attractive looking out 6–12 months, but near-term fundamentals and low visibility have Baird Equity Research analysts suggesting caution heading into Friday’s earnings report. Shares of the premium retailer have fallen 32 percent year to...
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Breaking Down The Footwear Sector: Adidas Pipeline Still Strong, Under Armour Under Pressure
Thursday, August 17, 2017 - 9:50am | 1354With major footwear brands' second-quarter earnings reports in the books, Benzinga caught up with NPD Group’s footwear analyst Matt Powell to gauge sentiment. The second-quarter sales trend in athletic footwear was better than the first quarter, primarily due to calendar shifts, not...
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Adidas Continues To Outpace The Competition; Brand Grew 33% In North America In Q2
Thursday, August 3, 2017 - 3:41pm | 754When adidas AG (ADR) (OTC: ADDYY) named Mark King president of North America in 2014, the company needed to win the region if it wanted to win in the world of sports apparel. At the time, it was generally understood the company didn’t place much focus on and didn’t fully understand the...
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The Footwear Industry Has A Hispanic Problem
Tuesday, July 18, 2017 - 12:13pm | 701As we gear up for the back-to-school season, a struggling footwear and apparel market is seeing significant promotional activity and discounting. "In my 17 years of doing research, this is the most promotional back-to-school I have seen,” Matt Powell of NPD Group told Benzinga. “...
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Sports Retail Shaken Up Amid Word Nike Could Sell Direct On Amazon
Wednesday, June 21, 2017 - 9:48am | 432Sports retailers were moving Wednesday morning following channel checks from Goldman Sachs analyst Lindsay Drucker Mann that suggest Nike Inc (NYSE: NKE) could begin selling directly through Amazon.com, Inc. (NASDAQ: AMZN). NPD Group analyst Matt Powell also tweeted about the potential move. What...
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These 3 Companies Captured 84% Of American Business Last Year
Tuesday, April 11, 2017 - 1:58pm | 429A recent report from the NPD Group shows three businesses captured at least 84 percent of American’s business in 2016. The 3 Leaders Of all the companies including in the report, Wal-Mart Stores Inc (NYSE: WMT) captured the highest percentage of American business, with 95 percent of Americans...
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Expert: Look For Adidas And Puma To Continue Run In 2017
Friday, January 20, 2017 - 12:20pm | 750In a year where notable names Nike Inc (NYSE: NKE) and Under Armour Inc (NYSE: UA) (NYSE: UAA) suffered considerable share declines, 2016 was the start of a remarkable turnaround for adidas AG (ADR) (OTC: ADDYY). With the current retro fashion cycle, 2017 is shaping up to be another big year for...
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The Biggest Players In Augmented Reality
Saturday, December 10, 2016 - 9:52pm | 437One of the most hyped and often thrown around tech phrases in recent times is Augmented Reality, or AR. The term means integration of digital information with the user's environment in real time. A comparison with virtual reality, or VR, shows that VR creates an altogether different environment,...
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Gamers Gear Up As EA's 'Star Wars Battlefront' Release Approaches
Friday, November 13, 2015 - 3:11pm | 368Electronic Arts Inc. (NASDAQ: EA) will be releasing its much-anticipated game, "Star Wars Battlefront," next week. Nerds, fans and investors are on the edge of their seats ahead of the November 17 launch, as hype continues to build. Ahead of the release, Benzinga spoke with Liam Callahan, industry...
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Wedbush's Michael Pachter Offers April '15 Video Game Industry Update
Tuesday, April 7, 2015 - 2:45pm | 429In a report rolled out Monday, Wedbush analyst Michael Pachter and his team provided their video game industry update for April 2015. They look into industry wide trends, as well as specific companies and events. Nintendo Leads Strong Month The Wedbush Video Game Index, a market cap-weighted...
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McDonald's Q3 Earnings Preview: Is The Chinese Meat Scare A Factor?
Monday, October 20, 2014 - 5:11pm | 473McDonald's Corporation (NYSE: MCD) will report its third quarter earnings on Tuesday before the opening bell. The Big Mac maker is expected to earn $1.38 per share on $7.2 billion of revenue according to analysts' consensus expectations. McDonald's last reported its quarterly...
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Belus Capital's Brian Sozzi Previews Chipotle Mexican Grill's Q3 Results
Friday, October 17, 2014 - 3:37pm | 603Chipotle Mexican Grill, Inc. (NYSE: CMG) is set to report its third quarter results on Monday after market close. Analysts are expecting the popular fast-casual restaurant operator to earn $3.81 per share on comp growths of 16.9 percent. Chipotle reported its second quarter results on July 21....
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McDonald's 'Scary' New Mascot Sets Off Social Media Backlash
Tuesday, May 20, 2014 - 9:33am | 715The last thing McDonald’s (NYSE: MCD) needed was social media backlash, but that’s what’s been happening since the company introduced it’s new, “Happy,” mascot Monday. Twitter (NYSE: TWTR) and Facebook (NASDAQ: FB) comments have ranged from statements like...
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Sony's PCs Are Dead – Up Next, TVs
Friday, February 7, 2014 - 10:28am | 485The ways in which we consume information and entertainment are changing and Sony (NYSE: SNE) knows it. The company announced Thursday that it would give up its PC division, selling it to Japanese investment fund, Japan Industrial Partners Inc. In addition, Sony said it would spin off its TV...