-
This Shoe Store Company Has A Better One-Year Return Than Amazon, Apple, Disney, Microsoft, Netflix, PayPal and Tesla
Thursday, August 19, 2021 - 2:27pm | 397Foot Locker, Inc. (NYSE: FL) always reminds me of simpler times, such as scouring the local mall for the hottest pair of new sneakers while eating a jumbo pretzel from the food court. Surprisingly, the company’s stock has been on a tear, trading up more than 90% in the last year. Since...
-
This Footwear Company Has Outperformed Apple, Tesla In Past Year And Expert Traders See Yet More Upside
Friday, July 23, 2021 - 6:27am | 484Crocs Inc (NASDAQ: CROX) shares have exceeded those of venerable names such as Apple Inc (NASDAQ: AAPL) and Tesla Inc (NASDAQ: TSLA) in terms of 1-year gains and, according to some experts, they still have more upside. Gains So Far: Crocs, which was launched in 2002 has since then sold...
-
Did Justin Bieber Help Crocs Shares Double?
Tuesday, April 27, 2021 - 3:57pm | 506Crocs Inc (NASDAQ: CROX) reported first-quarter earnings Tuesday morning. The strong results have propelled shares to 52-week highs and may have been helped by pop superstar Justin Bieber. What Happened: First-quarter revenue of $460 million for Crocs was a quarterly record and up 64% year-...
-
Why StockX Activity Is Up 50% Year-Over-Year: A Rally In The Stock Market Of Things
Friday, July 17, 2020 - 3:49pm | 411Detroit-based startup StockX said this week that May and June were two of the biggest buying months in the company's history. What Happened: StockX, which markets itself as the “stock market of things,” has become one of the leading secondary markets for verticals ...
-
Would You Like Some Shoes With Your KFC Chicken?
Thursday, February 13, 2020 - 2:01pm | 361April fools didn't come early this year: Yum! Brands, Inc. (NYSE: YUM)'s KFC chain is teaming up with shoe company Crocs, Inc. (NASDAQ: CROX) to collaborate on a new line of shoes. What Happened KFC and Crocs will team up and create two limited-edition Crocs, the companies said in a...
-
UBS Says Nike's Stock Is About To Go For A Run
Monday, February 3, 2020 - 10:44am | 281Nike Inc (NYSE: NKE) is in for a long-term run of sales growth that will make it more valuable over the next few years, UBS said Monday. The Nike Analyst UBS analyst Jay Sole upgraded Nike from Neutral to Buy and raised the price target from $103 to $136. The Nike Thesis Sole said he thinks the...
-
Citi Turns Bullish On Deckers Outdoor, Highlights Strength Of Hoka Brand
Friday, January 24, 2020 - 3:26pm | 263Citi analysts turned bullish on Deckers Outdoor Corp (NYSE: DECK) stock as its Hoka brand is underappreciated. The Analyst Paul Lejuez upgraded Deckers Outdoor from Neutral to Buy with a price target lifted from $180 to $230. The Thesis Shoe company Deckers might be best known for its UGG brand,...
-
Bank Of America Sees Upside In Dick's Sporting Goods, Upgrades To Buy
Monday, November 25, 2019 - 3:43pm | 348Bank of America analysts downgraded Dicks Sporting Goods Inc (NYSE: DKS) to Neutral in August, but the research firm now sees three reasons to turn bullish again on the retailer. The Analyst Robert Ohmes upgraded Dicks Sporting Goods from Neutral to Buy with a price target lifted from $43 to $55....
-
Wedbush Likes Skechers, Morgan Stanley Needs More Confidence
Thursday, October 24, 2019 - 3:51pm | 402Skechers USA Inc (NYSE: SKX) reported third-quarter results, which reinforced the case for being bullish for one Street analyst while another remains sidelined. The Analysts Wedbush analyst Christopher Svezia maintains an Outperform rating on Skechers with a $38 price target. Morgan Stanley analyst...
-
CBP Grounds Import Of Fake Air Jordans
Wednesday, October 9, 2019 - 4:14pm | 389U.S. Customs and Border Protection officers at the Los Angeles/Long Beach seaport seized 14,806 pairs of counterfeit Nike shoes with an estimated manufacturer's suggested retail price of about $2.2 million. The CBP officers coordinated the seizure with the agency's import specialists assigned to...
-
Retailers Scramble To Deal With New 'Cinderella Tax'
Tuesday, September 3, 2019 - 5:04pm | 541Retailers scrambling to capture a larger portion of consumer spending as new tariffs come online means "Christmas has come early this year," but this isn't necessarily a good thing, Rick Helfenbein, CEO of the American Apparel & Footwear Association, told CNBC Tuesday. '...
-
Wedbush Defends Foot Locker's Q2, Susquehanna Downgrades Stock
Monday, August 26, 2019 - 3:41pm | 438Foot Locker, Inc. (NYSE: FL) reported Friday second-quarter results highlighted by a notable comp miss but the bullish case for the stock can still be made, according to Wedbush. Making The Case Foot Locker's EPS and margins were mostly in-line with expectations in the second quarter but a 0.8...
-
Crocs Trading At Balanced Risk-Reward Profile, Piper Jaffray Says In Downgrade
Tuesday, April 23, 2019 - 2:16pm | 408Footwear maker Crocs, Inc. (NASDAQ: CROX) has seen its stock rise more than $10 per share from around the $15 level last year and now has a balanced risk-reward profile, according to Piper Jaffray. The Analyst Erinn Murphy downgraded Crocs from Overweight to Neutral with an unchanged $31...
-
2 Reasons Why Skechers Is No Longer A Buy At Citi
Tuesday, October 2, 2018 - 12:10pm | 392Shares of lifestyle and performance footwear maker Skechers USA Inc (NYSE: SKX) are down nearly 30 percent since the start of 2018, and investors may want to reconsider buying the stock, as it has limited near-term upside, according to Citi. The Analyst Citi's Kate McShane downgraded...
-
Argus Likes Wolverine World Wide After 'Solid' Q1 Report
Wednesday, May 30, 2018 - 12:17pm | 341Wolverine World Wide, Inc. (NYSE: WWW) reported in early May its first-quarter results which turned Argus positive on the stock as the manufacturer of footwear and slippers should ramp its growth throughout 2018. The Analyst Argus Research's John Staszak upgraded Wolverine World Wide from...