Textile – Apparel Footwear & Accessories

(SKX) Skechers U.S.A. Now in Neutral Lane

On May 17, we downgraded our recommendation on Skechers U.S.A., Inc. (SKX) to Neutral with a price target of $22.00. This designer, developer and distributor of footwear for men, women and children in the United States and overseas...

12Aug2013 | | Comments Off on (SKX) Skechers U.S.A. Now in Neutral Lane | Continued

(BWS) Brown Shoe – Anatomy of Success

Stocks with a Zacks Rank #1 (Strong Buy) have a high probability of outperforming the market over the next 1-3 months. In fact, since 1986, a portfolio of Zacks Rank 1’s has shown an average annual return of 26% per year, which is nearly triple that of the S&P 500.

The example below...

16May2013 | | Comments Off on (BWS) Brown Shoe – Anatomy of Success | Continued

(WWW) What’s in Store for Wolverine World Wide Earnings?

Wolverine World Wide Inc. (WWW) is slated to report its first-quarter 2013 results before the market opens on Apr 16. In the last quarter, it posted a positive surprise of 200%. Let’s see how things are shaping up for this announcement.

Growth...

21Apr2013 | | Comments Off on (WWW) What’s in Store for Wolverine World Wide Earnings? | Continued

(COH) Coach Downgraded to Strong Sell

Zacks Investment Research downgraded Coach, Inc. (COH) to a Zacks Rank #5 (Strong Sell) on Jan 29, 2013.

Why the Downgrade?

Coach witnessed a sharp downward revision in estimates after posting lower-than-expected...

11Feb2013 | | Comments Off on (COH) Coach Downgraded to Strong Sell | Continued

(CROX) Crocs Incorporated – Value

Crocs, Inc. (CROX) has been outperforming quarterly earnings estimates for more than three years now; most recently beating the Zacks Consensus Estimate by 14% in the third quarter of 2012. This Zacks Rank #1 (Strong Buy) footwear, apparel...

1Feb2013 | | Comments Off on (CROX) Crocs Incorporated – Value | Continued

(ICON) Iconix Pinned at Neutral

We are reiterating our Neutral recommendation on Iconix Brand Group (ICON) following its third quarter 2012 results.

Iconix reported third quarter earnings of 41 cents, ahead of the prior-year earnings and the Zacks Consensus...

18Dec2012 | | Comments Off on (ICON) Iconix Pinned at Neutral | Continued

(WWW) Wolverine World Wide Earnings Preview

Wolverine World Wide Inc. (WWW), one of the leading designers, manufacturers and marketers of branded footwear and apparel, is scheduled to report its third-quarter 2012 financial results on Tuesday, October 16, 2012.

The current...

23Oct2012 | | Comments Off on (WWW) Wolverine World Wide Earnings Preview | Continued

(WWW) Wolverine World Wide Buys PLG Group From Collective Brands

Wolverine World Wide Inc. (WWW), one of the leading designers, manufacturers and marketers of branded footwear and apparel, announced that it has sealed the acquisition of the Performance + Lifestyle Group business (the “PLG...

10Oct2012 | | Comments Off on (WWW) Wolverine World Wide Buys PLG Group From Collective Brands | Continued

(WWW) Wolverine World Wide Offers Debt

Wolverine World Wide Inc. (WWW), one of the leading designers, manufacturers and marketers of branded footwear and apparel, announced the offering of $375 million worth of senior notes.

The company stated that the issue will...

9Oct2012 | | Comments Off on (WWW) Wolverine World Wide Offers Debt | Continued

(DECK) Deckers Outdoor Corporation – Bear of the Day

Deckers Outdoor Corp. (DECK) posted a second-quarter 2012 loss of $0.53 per share. This fared better than the Zacks Consensus Estimate of loss of $0.59, but widened from a loss of $0.19 delivered in the year-ago quarter due to sluggishness...

1Oct2012 | | Comments Off on (DECK) Deckers Outdoor Corporation – Bear of the Day | Continued

(WWW) Wolverine World Wide Prices its Senior Notes

Wolverine World Wide Inc. (WWW), one of the leading designers, manufacturers and marketers of branded footwear and apparel, priced its $375 million worth of senior notes at 6.125%. Earlier this week, the company stated that the debt...

1Oct2012 | | Comments Off on (WWW) Wolverine World Wide Prices its Senior Notes | Continued

(ICON) Iconix Brand Group Upgraded to Neutral

We are upgrading our recommendation on Iconix Brand Group (ICON) to Neutral from Underperform, following the solid fiscal 2012 second quarter results.

The second quarter earnings of 45 cents per share beat the Zacks Consensus...

13Sep2012 | | Comments Off on (ICON) Iconix Brand Group Upgraded to Neutral | Continued

(DECK) Deckers Outdoor Corporation Posts Narrower Loss

Deckers Outdoor Corporation (DECK) posted second-quarter 2012 loss of 53 cents a share that fared better than the Zacks Consensus Estimate of 59 cents and its own guidance of a loss of 60 cents on the back of higher domestic wholesale...

30Jul2012 | | Comments Off on (DECK) Deckers Outdoor Corporation Posts Narrower Loss | Continued

(WWW) Wolverine World Wide Misses Expectations – Maintains Outlook

Wolverine World Wide Inc. (WWW), one of the leading designers, manufacturers and marketers of branded footwear and apparel, recently posted lower-than-expected second-quarter 2012 results.

Unhurried sales and decline in profitability...

11Jul2012 | | Comments Off on (WWW) Wolverine World Wide Misses Expectations – Maintains Outlook | Continued

(COH) Coach Beats The Street – Increases Dividend

Despite sluggish recovery in the economy, Coach, Inc. (COH), the designer and marketer of fine accessories and gifts, recently posted better-than-expected third-quarter 2012 results on the back of healthy sales in North America and...

10May2012 | | Comments Off on (COH) Coach Beats The Street – Increases Dividend | Continued

(CROX) Crocs Set to Hit Revenues of a Billion Dollars in 2011

Shoe manufacturer Crocs Inc (CROX) recently announced that it expects to achieve the higher end of its revenue guidance of $200 million to $205 million for the fourth quarter of 2011, based on the solid performance of retail business....

17Jan2012 | | 0 comments | Continued

(DECK) Deckers Outdoor Corporation Beats The Street – Lifts Outlook

Deckers Outdoor Corporation (DECK) recently delivered better-than-expected third-quarter 2011 results on the heels of healthy demand for the product lines under the UGG and Teva brands, and the recent acquisition of the Sanuk brand....

4Nov2011 | | 0 comments | Continued

(ICON) Iconix Brand Group Exceeds Earnings by a Penny

Iconix Brand Group Inc. (ICON) delivered its second quarter 2011 results with adjusted earnings of 45 cents a share, which soared 19.4% from 36 cents a share in the year-ago period, demonstrating steady organic strength across its...

28Jul2011 | | 0 comments | Continued

(DECK) Deckers Outdoor Acquires Sanuk

Deckers Outdoor Corporation (DECK), the manufacturer of sheepskin boots and slippers, recently announced that it has completed the buyout of the Sanuk brand on July 1, 2011.

In an earlier release, Deckers stated that it has...

6Jul2011 | | 0 comments | Continued

(NKE) Nike Fourth Quarter 2011 Earnings Scorecard

The global leader of sports equipment and apparel maker, Nike Inc. (NKE) announced its financial results for the fourth-quarter 2011.

Street analysts had more than a week to ponder on the news. In the paragraphs that follow,...

6Jul2011 | | 0 comments | Continued

(NKE) Nike Beats – US & China Outshine

Nike Inc. (NKE) posted strong fiscal 2011 fourth-quarter earnings of $1.24 per share, up 17.0% from the year-ago earnings of $1.06 per share, handily beating the Zacks Consensus Estimate of $1.16 per share.

Strong quarterly...

29Jun2011 | | 0 comments | Continued

(NKE) Bond Yields Expected to Rise – Market Conundrum

Yields on treasury bonds were expected to start trending up as the end point for the Fed’s $600 billion QE2 program came closer. The thinking was that as the Fed stopped buying these bonds, yields will have nowhere to go but up. This fairly plausible view, which has Pimco’s Bill Gross...

29Jun2011 | | 0 comments | Continued

(NKE) Money Isn’t Changing Hands Fast Enough – AAII Investor Update

Federal Reserve Chairman Ben Bernanke continues to be the enemy of savers. On Wednesday, the Boston Red Sox fan reiterated his belief that interest rates should be kept at rock-bottom levels for an extended period of time. He views this as necessary in order to keep the economy growing.

Part...

24Jun2011 | | 0 comments | Continued

(COH) Coach Analyst Keeps Shares at Neutral

Being a leading American marketer of fine accessories and gifts, Coach Inc. (COH) boasts of a proven strategy of investing in stores to enhance store sales productivity through product innovation, compelling pricing strategy, new merchandise...

22Jun2011 | | 0 comments | Continued

(ICON) Iconix Brand Group Beats Expectations – Raises Guidance

Iconix Brand Group Inc. (ICON), a brand management company, delivered first quarter 2011 results.

New York-based Iconix’s earnings soared 25.0% in the quarter to 45 cents a share from 36 cents a share in the year-ago period,...

3May2011 | | 0 comments | Continued

(WWW) Wolverine World Wide First Quarter Earnings Preview

Wolverine World Wide, Inc. (WWW), one of the leading designers, manufacturers and marketers of branded footwear and apparel, is scheduled to report its first-quarter 2011 financial results before the bell on Tuesday, April 19, 2011....

25Apr2011 | | 0 comments | Continued

(DECK) Deckers Outdoor – Bull of the Day

Deckers Outdoor’s (DECK) sustained focus on new product introductions and geographic expansion has helped achieved robust growth. The company delivered better-than-expected fourth-quarter 2010 results on the heels of strong...

8Apr2011 | | 0 comments | Continued

(SKX) Skechers U.S.A. – Bear of the Day

Skechers USA’s (SKX) fourth-quarter 2010 earnings missed the Zacks expectations, and plunged 87.9% from the prior-year quarter. Skechers indicated that it has witnessed order cancellations as the market was flooded with lower-priced...

25Mar2011 | | 0 comments | Continued

(BWS) Company News for March 16, 2011 – Corporate Summary

• Toyota Motor (NYSE:TM) dealers in the U.S. are concerned about the tight supply of Prius hybrids and the auto maker’s ability to produce them following Japan’s earthquake and tsunami

• General Electric Co. (NYSE:GE)...

16Mar2011 | | 0 comments | Continued

(DECK) Deckers Outdoor – Bull of the Day

Deckers Outdoor Corp.’s (DECK) sustained focus on new product introductions and geographic expansion has helped achieved robust growth. The company delivered better-than-expected fourth-quarter 2010 results on the heels of strong...

1Mar2011 | | 0 comments | Continued