Retail: 67
0.31%
Retail: 201
1.78%

Inside Retail
Foot Locker Makes Investments for Future and Will Close its SIX:02 Stores

Not content to rest on its laurels after a strong finish to FY18, Foot Locker is moving forward with plans to reshape its business. Efforts include investing $124 million in a number of small companies and closing down its SIX:02 women’s banner. (Read More)

Quotable

“We’re still seeing solid low single-digit growth year-over-year in the home market. There’s definitely a good growth in the commercial space and it is budget-level gyms. Also, it is the high-end gyms where the premiums or the subscriptions go up to over $150 a month”
– Bruce Cazenave, former CEO for Nautilus, Inc.

Trade
U.S., China Deal Reportedly Close

Pres. Trump and China Pres. Xi Jinping are likely to meet by month’s end to hammer out final details of a trade deal between the two economic giants. (Read More)

Footwear Insight/Sports Insight
C. & J. Clark, Nautilus Land New CEOs; Plus Other Exec News

The 194-year old, family-owned British shoe company C. & J. Clark has hired Giorgio Presca as CEO to replace Mike Shearwood, who resigned last June following complaints about his conduct, according to reports. (Read More)

Footwear Insight
Crocs Continues Shift Away from Own Retail

Comparable sales rose 13 percent globally in the final period of 2018, the brand’s sixth consecutive quarterly gain, as the company continues shifting away from own retail in favor of a balance between wholesale accounts and Direct-To-Consumer. (Read More)

Nautilus Forecasts Challenging 2019

The Bowflex parent cites increased competition and high retail inventories that need to be drawn down as two areas prompting the forecast. (Read More)

CEO of RIP-IT addresses face mask protection for female softball players.
Music from https://filmmusic.io: "Werq" by Kevin MacLeod (https://incompetech.com)
License: CC BY (
http://creativecommons.org/licenses/by/4.0/)

The Buzz

Customer Satisfaction with retail is down for a second consecutive year, according to the latest American Customer Satisfaction Index (ASCI) Retail and Consumer Shipping Report 2018-2019. (Read More)

Tubes of the Week

Mon, Aug 28, 2017
Vol 1, Issue No. 33
Numbers In Play
The Sports Insight Index is our opinion of what we think are the 30 most important public companies in the industry, 15 vendors and 15 retailers. Space considerations prevent us from tracking more, but we will make changes over time.
Index base of 100 is key to the closing prices of 12/31/14
Retail
Segment is essentially flat for the week, like the Dow for the period. Nine stocks rise and six decline. Foot Locker (see story above), which reported a 3.3 increase in annual sales to $7.9 billion in FY18, is investing $12.5 million in Rockets of Awesome, a children’s apparel company, and plans to see the brand’s products online and in Foot Locker shop-in-shops. Macy’s holiday sales came in lower than expectations. Fourth quarter comparable store sales rose 0.7 percent. Meanwhile, a fire at a West Virginia distribution center the day after Thanksgiving put pressure on the retailer’s other fulfillment centers in Q4 and made a portion of inventory unavailable during CyberWeek. Walmart U.S. sales rose 4.1 percent in FY19 to $331.7 billion. The discounter remodeled 500 doors last year and opened a Jet.com fulfillment center in the Bronx borough of New York City. Athleta (not in Index), will be part of a banner spin-off by Gap. Big 5 realized a 1.1 percent comparable sales improvement in Q4, driven by a high-single digit increase in apparel and low-single digit improvement in footwear. Retailer says it experienced “a tremendous sell-through of winter inventory” this season thanks to favorable weather conditions. Kohl’s, which has been recognized as one of the world’s most ethical companies by the Ethisphere Institute, reports year-end results this week.  
Brands
With a more than 3 percent increase for the period, segment is approaching 200 Index for first time. Eleven stocks rose during the week as five declined. Since this space criticized Nike last week for the Zion Williamson incident, we need to point out a similar incident with an Adidas basketball shoe on Indiana’s Justin Smith, as first reported by the Indianapolis Star. Columbia Sportswear is expanding its 15-year old distribution center in Henderson County, KY that will create 25 jobs and increase the DC’s capacity. Deckers Brands intends to permanently close its Camarillo, CA distribution center by Aug. 31 and consolidate its operations into a similar facility in Moreno Valley, CA. Under Armour is laying off 111 at its Rialto, CA distribution center on April 22, according to the San Bernardino Sun, and another 50 at its headquarters by June 30, according to the Baltimore Sun. Nautilus, which has a new CEO (see story above), is revamping the marketing message and media spend around its Max Intelligence platform that was launched last year. VF Corp. is cited as one of the World’s Most Ethical Companies by the Ethisphere Institute. Acushnet is projecting $20-25 million in FY19 revenues from its PG Professional Golf acquisition.

RETAIL: 59

41.13%

BRANDS: 197

97.19%

Weekly Review

Retail Name
(Ticker Symbol)

% Change over week
Price  2/21/19 • 2/28/19

Big 5 Sporting Goods
(BGFV)

3.60%

$3.89 • $4.03

Sports Direct
LON: SPD

0.76%

$355.18 • $357.87

Camping World
CWH

13.60%

$14.93 • $12.90

Dick's Sporting Goods
DKS

3.14%

$37.87 • $39.06

JD Fashion
jD

0.19%

$618.86 • $617.71

Foot Locker
FL

0.82%

$60.01 • $50.52

Genesco
GCO

5.32%

$45.83 • $48.27

Hibbett Sports
HIBB

5.34%

$17.60 • $18.54

Kohl’s
KSS

3.54%

$65.22 • $67.53

Macy’s
M

1.39%

$24.45 • $24.79

Sportsman’s Warehouse
SPWH

0.96%

$6.23 • $6.29

Shoe Carnival
SCVL

2.66%

$37.15 • $38.14

Tilly’s
TLYS

3.76%

$11.69 • $12.13

Walmart
WMT

0.40%

$99.39  • $98.99

Zumiez
ZUMZ

1.55%

$25.09 • $24.70

TOTAL
WEEK OVER WEEK

0.50%

$1,423.47 - $1,430.47

Brand Name
(Ticker Symbol)

% Change over week
Price  2/21/19 • 2/28/19

Acushnet Holdings
GOLF

4.62%

$23.81 • $24.91

adidas
addyy

5.46%

$115.11 • $121.40

Amer Sports
AGPDY

0.67%

$45.11 • $45.41

Callaway
ELY

1.77%

$16.91 • $17.21

Columbia Sportwear
COLM

1.77%

$104.81 • $102.95

Deckers Brands
DECK

3.27%

$143.26 • $147.95

GoPro
GPRO

3.95%

$6.07 • $5.83

lululemon
LULU

1.56%

$148.11 • $150.42

Nautilus
NLS

19.88%

$ $6.53

Nike
NKE

2.12%

$83.95 • $85.73

Puma
PUMA

5.75%

$539.00 • $570.00

Skechers
SKX

0.06%

$33.61 • $33.63

Under Armour
UA

3.45%

$19.41 • $20.08

VF Corp.
VFC

1.82%

$85.80 • $87.36

Wolverine Worldwide
WWW

0.72

$36.02 • $35.76

TOTAL
WEEK OVER WEEK

3.27%

$1,409.13 - $1,455.17

Sports Insight Extra Podcast Series