-
Nike's Eyes Bigger Than Its Stomach? Susquehanna Downgrades
Tuesday, September 19, 2017 - 3:45pm | 378Read More...Nike Inc (NYSE: NKE)'s pull model of keeping supply below demand has all but disappeared and it appears that adidas AG (ADR) (OTC: ADDYY) has successfully stolen it away. There is now an oversupply of basketball products in North America, which will continue to pressure sales and margins...
-
Far From Fake News: Susquehanna's Under Armour Downgrade, CEO Kevin Plank And Political Fodder
Friday, February 17, 2017 - 4:21pm | 435Read More...Earlier this week, Susquehanna's Sam Poser downgraded Under Armour Inc (NYSE: UA) (NYSE: UAA)'s stock — mostly due to the company's CEO Kevin Plank and his praise of President Donald Trump. Plank is a member of Trump's manufacturing council and described the president as being a "pro-business...
-
Analyst: Under Armour CEO's Praise For Trump Hurts The Brand
Wednesday, February 15, 2017 - 2:36pm | 429Read More...Under Armour Inc. (NYSE: UA) (NYSE: UAA) CEO Kevin Plank’s praise of President Donald Trump could be as damaging to the company as Trump modeling one of its form-fitting t-shirts. Susquehanna downgraded the apparel company from Neutral to Negative on Wednesday, with analyst Sam Poser citing...
-
Analyst: Under Armour Isn't Cool And It Needs To Be
Tuesday, January 31, 2017 - 2:11pm | 306Read More...Sam Poser of Susquehanna has a simple theory to explain Under Armour Inc's (NYSE: UAA) woes: the company's products aren't cool anymore. Speaking as a guest during CNBC's "Halftime Report", the analyst pointed out that Nike Inc's (NYSE: NKE) line of Michael Jordan...
-
The Winner In The Battle Of The Sneaker Brands? Foot Locker
Monday, August 22, 2016 - 10:42am | 368Read More...Susquehanna’s Sam Poser believes Foot Locker, Inc. (NYSE: FL) benefits the most among retailers from the battle for innovation among sneaker brands. Poser maintains a Positive rating on the company, while raising the price target from $73 to $80. Continuing to rate Foot Locker as one of...
-
Crocs Is A 'Show Me' Story, According To Susquehanna
Friday, August 12, 2016 - 10:38am | 311Read More...Crocs, Inc. (NASDAQ: CROX) is a "show me" story, at least according to Susquehanna's Sam Poser who initiated coverage of the stock with a Neutral rating and $9.50 price target. According to Poser, Crocs' management is "doing the right thing" for the company's...
-
Dick's Is The No. 1 Pick In Sports Retail
Friday, August 12, 2016 - 10:28am | 406Read More...Susquehanna’s Sam Poser believes Dicks Sporting Goods Inc’s (NYSE: DKS) FY16 guidance could prove conservative. In addition, management lowered FY17 guidance, citing potential pressure from the liquidations of The Sports Authority and Sports Chalet. Poser initiated coverage of Dicks...
-
Foot Locker A Top Pick At Susquehanna, Initiated At Positive
Friday, August 12, 2016 - 10:22am | 298Read More...Susquehanna analysts Sam Poser and Renato Basanta initiated coverage on Foot Locker, Inc. (NYSE: FL) with a Positive rating, which comes ahead of the second quarter earnings results scheduled for August 19. The brokerage kept a price tag of $73 on the optimist side and $51 on the pessimistic side...
-
'Under Armour Is A Top Pick For Long-Term Growth Investors,' Susquehanna Says
Friday, August 12, 2016 - 10:05am | 357Read More...Naming Under Armour Inc (NYSE: UA) as a top pick for long-term growth investors, Susquehanna’s Sam Poser mentioned the recent stock volatility offers a “rare” buying opportunity for “one of the best growth equities in U.S. Consumer.” Poser initiated coverage of the...
-
A $70 Bull Case In Deckers, A $49 Bear Case
Friday, August 12, 2016 - 9:53am | 380Read More...Deckers Outdoor Corp’s (NYSE: DECK) UGG business seems to be at an inflection point, Susquehanna’s Sam Poser said in a report. He initiated coverage of the company with a Neutral rating and a price target of $59. The UGG business contributed 81 percent of Deckers’ revenue in...
-
Susquehanna Initiates Steve Madden With Positive Rating, $42 Target
Friday, August 12, 2016 - 9:39am | 324Read More...Steven Madden, Ltd. (NASDAQ: SHOO) is managing well in a challenging retail environment, and the move to a JV model for International could bear fruit in 2017, Susquehanna’s Sam Poser said in a report. He initiated coverage of the company with a Positive rating and a price target of $42....
-
Susquehanna On Hibbett Sports: 'Buy The Stock.'
Friday, August 12, 2016 - 9:26am | 279Read More...Although Hibbett Sports, Inc. (NASDAQ: HIBB) has been late to enter the digital space, the initiatives planned by the company would likely result in revenue growth ahead, Susquehanna’s Sam Poser said in a report. He initiated coverage of the company with a Positive rating and a price target...
-
Lululemon Q1 Earnings Preview: 'Getting Better All The Time'
Friday, June 3, 2016 - 9:21am | 254Read More...Despite exiting 4Q15 with elevated inventory levels, Lululemon Athletica inc. (NASDAQ: LULU) is likely to indicate inventory in-line with sales by the end of 1Q16. Sterne Agee CRT’s Sam Poser reiterated a Buy rating for the company, with a price target of $75. The analyst commented that the...
-
Dick's Sporting Goods: A 'Well-Managed' Business In Tough Retail Environment
Friday, May 13, 2016 - 2:11pm | 346Read More...Sterne Agee says Dicks Sporting Goods Inc (NYSE: DKS) should meet or exceed EPS guidance of $0.48–$0.50 and same-store sales guidance of flat to +1 percent when it reports first-quarter results on May 19. While noting that Dick's is a "well-managed business in tough retail environment,"...
-
Sterne Agee CRT Sees Crocs China Growth Turning Around, Upgrades Stock To Buy
Tuesday, May 10, 2016 - 1:48pm | 179Read More...Shares of Crocs, Inc. (NASDAQ: CROX) surged over 30 percent following a strong earnings report Tuesday morning. Just after the lunch hour, Sterne Agee CRT upgraded shares from Neutral to Buy citing evidence of a turnaround being underway. Analyst Sam Poser said Crocs management has improved...
