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Crocs Gains on Brand Strength & Other Efforts: Apt to Stay Invested?
Tuesday, October 8, 2024 - 3:09pm | 869Crocs, Inc. (NASDAQ: CROX) stock seems in a good spot since the past year, with shares rising more than 60%, comfortably outperforming the broader Consumer Discretionary sector's return of 18.5% and the Zacks Textile - Apparel industry's growth of 4.8% in the same period. CROX's shares...
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Spectrum Brands' Strategic Efforts Aid: Apt to Hold?
Monday, June 24, 2024 - 2:57pm | 708Spectrum Brands Holdings Inc. (NYSE: SPB) looks well-poised for growth, thanks to its robust strategic efforts. The company is benefiting from increased pricing, cost improvements and a favorable mix. Its Global Productivity Improvement Plan ("GPIP"), which aims at improving the company...
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What's Going On With Lululemon Athletica Shares Wednesday?
Wednesday, June 5, 2024 - 9:52am | 471Lululemon Athletica, Inc. (NASDAQ: LULU) shares are trading lower Wednesday ahead of the company’s earnings release after the market close. Here’s what you need to know. The Details: Lululemon is anticipated to release financial results for the 2024 fiscal-year first quarter after the...
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Holiday Showdown: Black Friday Reigns Over Christmas As Top Brands Steal the Shopping Spotlight
Tuesday, January 2, 2024 - 1:54pm | 539Telsey Advisory Group analyst Dana Telsey presented a brand performance study on the Christmas vs. Black Friday holiday by revisiting the Google Trends insights from Black Friday, with many initial findings holding over the extended holiday period. The analyst stated that Black Friday saw more...
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Retail Trends Unwrapped: Analyst Unveils Surprising Shifts In Consumer Spending As 2023 Looms
Friday, December 29, 2023 - 1:21pm | 613KeyBanc Capital Markets analysts presented proprietary credit/debit card spending trends across Consumer/Retail and Internet Retail sectors. Consumer/Retail: Analyst Bradley Thomas said this week’s data through December 24th shows indexed spending for the 'All Retail' category...
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Lululemon Q3 Earnings Overview: EPS Beat, Revenue Beat, Comps Up 13%, $1B Buyback And More
Thursday, December 7, 2023 - 4:23pm | 524Lululemon Athletica Inc (NASDAQ: LULU) reported third-quarter financial results Thursday after the bell. Here's a look at the key metrics from the quarter. Q3 Earnings: Lululemon said third-quarter revenue increased 19% year-over-year to $2.2 billion, which beat the ...
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Lululemon's Global Expansion And Steady Performance: Analyst Sees Robust Q3 Amid Retail Challenges
Friday, December 1, 2023 - 1:28pm | 384Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on the shares of Lululemon Athletica Inc (NASDAQ: LULU) with an unchanged price target of $450. LULU is set to report third-quarter results after the market closes on Thursday, Dec 7, 2023. The...
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Analysts Highlight Healthy Traffic And Discounts On Black Friday - How's The Trend?
Monday, November 27, 2023 - 1:55pm | 981BofA analyst Justin Post reiterated a Buy rating on Amazon.Com Inc (NASDAQ: AMZN) and a price target of $168. Also Read: Thanksgiving US Online Sales Rise To $5.6B: Adobe Analytics Report The stock seems well-positioned to benefit from improving (post-reopening) online...
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Lululemon's Brand Loyalty & Expansion Opportunities In Focus, Analyst Sees Attractive Entry-Point For Investors
Friday, November 17, 2023 - 2:06pm | 392Truist Securities analyst Joseph Civello initiated coverage on Lululemon Athletica Inc. (NASDAQ: LULU) with a Buy rating and price target of $500. According to the analyst, Lululemon has some of the strongest brand loyalty in the activewear industry as its direct-to-consumer (...
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Sneaker Showdown - Nike Targets New Balance And Skechers In Patent Suit: Report
Tuesday, November 7, 2023 - 5:23am | 409Athletic footwear maker Nike Inc (NYSE: NKE) has reportedly launched legal challenges against two of its industry competitors, New Balance and Skechers U.S.A., Inc (NYSE: SKX), alleging that they have encroached upon patented sneaker technology. New Balance and...
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How Lululemon's Peloton Partnership Reframes The MIRROR Setback: Analyst's Take
Thursday, September 28, 2023 - 1:45pm | 352Raymond James analyst Rick B. Patel sees Lululemon Athletica Inc's (NASDAQ: LULU) (Strong Buy rating) partnership with Peloton Interactive Inc (NASDAQ: PTON) as an incremental positive, with the negative impact of MIRROR already reflected in the stock. Yesterday,...
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Peloton Stock Cycles Higher On Lululemon Partnership: The Details
Wednesday, September 27, 2023 - 3:38pm | 461Peloton Interactive Inc (NASDAQ: PTON) shares are popping after the close on Wednesday after the connected fitness company announced a five-year deal with Lululemon Athletica Inc (NASDAQ: LULU). What Happened: Pelton and Lululemon announced a five-year strategic...
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From TikTok Trend To Must-Have Accessory: Lululemon's Smart Play In The Cross-Body Bag Game And What's Next For The Brand: Analyst
Thursday, September 21, 2023 - 12:13pm | 472Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), with the unchanged price target of $450. Despite significant growth over the past two years, Lululemon continues to see strength in its accessories business,...
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Lululemon's Strategic Plan Pays Off As Data Reveals Evolving Demographics
Wednesday, September 13, 2023 - 11:17am | 573Lululemon Athletica Inc (NASDAQ: LULU) reported a 30% sales increase last year, outperforming its initial projections. CEO Calvin McDonald on Tuesday detailed the company's trajectory at the Goldman Sachs Group's 30th Annual Global Retailing Conference. His insights are supported by data...
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Fear & Greed Index Moves To 'Greed' Zone Following Jobs Data
Tuesday, September 5, 2023 - 1:34am | 433The CNN Money Fear and Greed index moved to the "Greed" zone on Friday following the release of latest jobs report. The U.S. economy added 187,000 jobs in August versus the downwardly revised 157,000 increase in July and compared to market expectations of 170,000. The unemployment rate...