Apparel is a hypercompetitive business. Going through boom and bust trends, the apparel shopper can switch habits on a dime, sometimes to the detriment of investors. Lululemon$Lululemon Athletica (LULU.US)$investors are feeling this volatility at the moment. The stock is off 43.5% from recent highs as of this writing due to a huge slowdown in its core North American market. Wall Street is worried about upstart competitors tak...
Morning Movers Gapping up $Johnson & Johnson (JNJ.US)$The healthcare giant's stock rose by less than 1% after it reported a strong second quarter, with earnings and revenue exceeding Wall Street's expectations. The company posted adjusted EPS of $2.82, beating analysts' predictions by $0.10, and revenue of $22.45 billion, surpassing the consensus estimate of $22.34 billion. $adidas AG (ADDYY.US)$climbed on Wednesday as the Ger...
Nike is trading at 24x the 2024 EPS projections of $3.88 , i give you my honest thoughts, bear and bullish price targets, and show you the important financial metrics to look at so you can draw your own conclusion! let me know ur thoughts :) i also own the stock and show you how many shares i own $Nike (NKE.US)$$adidas AG (ADDYY.US)$$Crocs (CROX.US)$$Deckers Outdoor (DECK.US)$
This is by no means an anti-thesis article against$Nike (NKE.US)$and$adidas AG (ADDYY.US)$. But today’s footwear/sneaker market is far from the Nike and Adidas duopoly 10-20 years ago. As I slowly observe more HOKA (by$Deckers Outdoor (DECK.US)$) and$On Holding (ONON.US)$taking the streets and news headlines, I can’t help but wonder if this is the beginning of the end of both Nike and Adidas. The thought process of running...
Adidas's 2024 outlook is seen as disappointing by analysts, posing risks for all sales and earnings projections. Despite this, some believe it sets a low bar that could allow for upgrades. The market may question another transition year for the business.
It was announced today that Tiger Woods and Nike have split ways. Tiger will undoubtedly be partnering with someone else or starting his own clothing brand. If he chooses to partner with another company, expect their stock to skyrocket on the news. Possible scenarios (in no particular order): He partners with TaylorMade. TW already uses their golf clubs so it would make sense they would e...
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$Johnson & Johnson (JNJ.US)$ The healthcare giant's stock rose by less than 1% after it reported a strong second quarter, with earnings and revenue exceeding Wall Street's expectations. The company posted adjusted EPS of $2.82, beating analysts' predictions by $0.10, and revenue of $22.45 billion, surpassing the consensus estimate of $22.34 billion.
$adidas AG (ADDYY.US)$ climbed on Wednesday as the Ger...
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$Nike (NKE.US)$ $adidas AG (ADDYY.US)$ $Crocs (CROX.US)$ $Deckers Outdoor (DECK.US)$
As I slowly observe more HOKA (by $Deckers Outdoor (DECK.US)$) and $On Holding (ONON.US)$ taking the streets and news headlines, I can’t help but wonder if this is the beginning of the end of both Nike and Adidas.
The thought process of running...
Possible scenarios (in no particular order):
He partners with TaylorMade. TW already uses their golf clubs so it would make sense they would e...
No comment yet