Lululemon thrives on stable demand from fitness buffs. Is LULU a buy?
The ongoing economic challenges have had a mixed impact on the sports and fitness industry. Athletic apparel stores in general were hit by softening sales while some retailers maintained decent sales...
View ArticleDKS Earnings: DICK’S Sporting Goods Q3 sales and profit beat estimates
DICK’S Sporting Goods, Inc. (NYSE: DKS) on Tuesday reported lower earnings and higher net sales for the third quarter of 2022. The numbers came in above the market’s forecast. Net sales increased 7.7%...
View ArticleIPO Alert: MGO Global prepares to go public. Here’s what you need to know
This year, the market would witness some of the most-awaited initial public offerings, including those of Stripe and SpaceX, if everything goes as planned. After the disappointingly low IPO activity in...
View ArticleHibbett Sports Inc (HIBB) Q4 2023 Earnings Call Transcript
Hibbett Sports Inc (NASDAQ:HIBB) Q4 2023 Earnings Call dated Mar. 03, 2023. Corporate Participants: Gavin Bell — Vice President of Investor Relations Mike Longo — Chief Executive Officer and President...
View ArticleDick’s Sporting (DKS) makes a strong start to 2023. What lies ahead?
Dick’s Sporting Goods, Inc. (NYSE: DKS) ended fiscal 2022 on a positive note, with stronger-than-expected fourth-quarter numbers driving up the sporting goods retailer’s stock to an all-time high. The...
View ArticleFoot Locker (FL) to revamp brands; sees turnaround this year
After an unimpressive holiday quarter performance, athletics apparel retailer Foot Locker, Inc. (NYSE: FL) is on a drive to reset the brand for serving a broader customer base. It is planning to make...
View ArticleEarnings Infographic: Highlights of Nike’s Q3 2023 results
Sportswear giant Nike, Inc. (NYSE: NKE) on Tuesday reported a decrease in earnings for the third quarter of 2023, when its revenues increased by 14%. Third-quarter net income was $1.24 billion or $0.79...
View ArticleAfter solid holiday quarter, Lululemon Athletica sees bright days ahead
Retailers had mixed fortunes during the holiday season this year. For some businesses, sales were affected by weak consumer confidence amid macro uncertainties and inflation, while others thrived on...
View ArticleKey takeaways from Foot Locker’s (FL) Q1 2023 earnings
Positive earnings results from leading retailers recently brought optimism about the industry’s future prospects, but the lackluster performance by Foot Locker, Inc. (NYSE: FL) has dampened the...
View ArticleHighlights of DICK’S Sporting Goods’ (DKS) Q1 2023 earnings results
DICK’S Sporting Goods, Inc. (NYSE: DKS) on Tuesday announced financial results for the first quarter of 2023, reporting an increase in net sales and adjusted profit. Net sales of the company increased...
View ArticleHibbett Sports Inc (HIBB) Q1 2024 Earnings Call Transcript
Hibbett Sports Inc (NASDAQ: HIBB) Q1 2024 earnings call dated May. 29, 2023 Corporate Participants: Gavin Bell — Vice President, Investor Relations Mike Longo — President and Chief Executive Officer...
View ArticleLULU Earnings: Highlights of Lululemon Athletica’s Q1 2023 financial results
Athletic wear company Lululemon Athletica (NASDAQ: LULU) has reported a double-digit increase in earnings and revenues for the first quarter of 2023. The company also provided positive guidance for the...
View ArticleLululemon looks headed for a strong fiscal year despite macro concerns
Athletic apparel retailer Lululemon Athletica (NASDAQ: LULU) started the new fiscal year on an upbeat note, reporting double-digit sales growth for the first quarter despite macroeconomic uncertainties...
View ArticleEarnings Infographic: Highlights of Nike’s Q4 2023 results
Nike, Inc. (NYSE: NKE) on Thursday reported a decrease in earnings for the fourth quarter of 2023, when the sneaker giant’s revenues increased modestly. Fourth-quarter net income was $1.03 billion or...
View ArticleAfter mixed start to FY24, Nike expects margin pressure to persist
Sports apparel giant Nike, Inc. (NYSE: NKE) ended fiscal 2023 on a mixed note, reporting higher revenues that topped expectations and a decline in profit. The bottom line also fell short of analysts’...
View ArticleLULU Earnings: A snapshot of Lululemon Athletica’s Q2 2023 financial results
Athletic wear company Lululemon Athletica (NASDAQ: LULU) reported strong earnings and revenue growth for the second quarter of 2023. The company also provided guidance for the third quarter. At $2.2...
View ArticleNKE Earnings Preview: Nike likely to report mixed Q1 results
Nike, Inc. (NYSE: NKE) ended fiscal 2023 on an unimpressive note, reporting weaker-than-expected earnings for the final months of the year when the sneaker giant’s revenues increased modestly. The...
View ArticleNike Q1 2024 Earnings Call: Listen Live and Get the Real-Time Transcript
Sneaker giant Nike, Inc. (NYSE: NKE) will be reporting first-quarter earnings today after the closing bell. The company’s stock traded slightly lower ahead of the announcement. Listen to Nike’s Q1 2024...
View ArticleNKE Earnings: Here’s everything you need to know about Nike’s Q1 report
Nike, Inc. (NYSE: NKE) on Thursday reported results for the first three months of fiscal 2024, reporting a modest rise in revenues. The sneaker giant reported net income of $1.45 billion or $0.94 per...
View ArticleLululemon reports Q3 2023 earnings: Here’s everything you need to know
Athletic wear company Lululemon Athletica (NASDAQ: LULU) reported an increase in revenues for the third quarter of 2023. The company also issued guidance for the fourth quarter. Third-quarter revenues...
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