Retail: 59
0.78%
Retail: 180
4.70%
Monday, July 22, 2019
Volume 3, Issue No. 29

The Road Ahead
Trade Concerns and Some Optimism

With some experts predicting the U.S-China trade standoff won’t be resolved until after the 2020 presidential election more than 15 months from now, trade conflict presently remains the top concern of investors and C-Suite executives for a fourth consecutive quarter. (Read More)

Retail
Holiday Hurdles: Fewer Shopping Days, Earlier Buying

With the Back-To-School shopping season in full swing in parts of the U.S., retailers have already begun to turn their collective attentions to the upcoming holiday season when there will be six fewer shopping days (26 vs. 32 in 2018) and likely earlier purchasing by consumers. (Read More)

Skechers Banking on DTC, International for Growth

Q2 results for Skechers, which included a nearly 11 percent increase in revenues to $1.26 billion and 69 percent improvement in earnings per share (EPS), exceeded Street guidance and sent SKX shares more than 9 percent higher on July 18. (Read More)

New Brands Focus on Golf/Lifestyle for Millennials, Gen-X

Urban Outfitters will be among the first retailers to sell apparel from the fledgling “disruptor” men’s golf brand, Radda Golf, on Aug. 14. This will be the first time the lifestyle retailer has marketed a golf apparel brand in stores and online. (Read More)

What’s Hot, What’s New?

Reebok will drop the second collection of its partnership with Victoria Beckham on July 24 at Reebok.com/VictoriaBeckham and other premium retailers worldwide. (Read More)

The Buzz: FDRA, Micam, NSSRA

The Footwear Distributors and Retailers of America, aiming to help footwear companies better understand and implement sustainability targets and programs, has established a website devoted to the issue at ShoeSustainability.com.  (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.
Retail
Segment dips nearly 2.7 percent as seven stocks fall and eight rise. Sports Direct, the biggest decliner with a more than 12 percent drop from last week, has delayed issuance of earnings results until sometime between July 23 and Aug. 26. Camping World investors were trying to convince an IL federal judge not to toss their class-action suit against the Gander parent last week, according to Law360. CWH shares are down 52 percent over the last year. Dick’s Sporting Goods announces it will match up to $1 million in donations to its foundation to support U.S. youth sports. The Foundation’s first advisory board consists of NFL coach Jon Gruden, skiing gold medalist Lindsey Vonn, Arizona Cardinal Larry Fitzgerald, ESPN analyst Jalen Rose, and beach volleyball gold medalists Kerri Walsh Jennings, among others. Foot Locker is launching a new brand incubator called Greenhouse next month that will offer “limited-edition collaborations from both buzzy new brands and established stalwarts,” reports the website Quartzy. All collaborations—footwear, apparel and art—will be available for sale at the Greenhouse app in limited quantities. Walmart is merging its ecommerce and brick-and-mortar management teams. The combined unit will be headed by Greg Smith, WMT’s EVP of U.S. supply chain.
Brands
Segment outperforms the Dow for the period, rising more than 1.4 percent compared to the Dow’s 0.50 percent. Nine stocks rise and six decline. Deckers Brands is projected to post a Q1 loss despite nearly 4 percent higher sales. VF Corp., set to report its first quarterly earnings since relocating to Denver this week, has its price target raised to $172 on a “hold” rating by Pivotal Research. Despite grabbing plenty of local buzz, Adidas runs into security problems with a pop-up it opens in New York, selling 99-cent pairs in its four-style Originals collaboration with Arizona Iced Tea. The Three Stripes eventually had to shut down the event where two were arrested. But the brand garnered plenty of online, print and radio/tv coverage from the short-lived stunt. Nautilus hires the FIG creative agency to bolster advertising and creative for its Bowflex fitness brand. A pair of Nike Mags, the style inspired by “Back to the Future,” were part of a Sotheby’s auction in New York projected to fetch more than $850,000 from buyers, including $160,000 for a Nike “Moon Show” that was designed by Nike Co-founder Bill Bowerman. Skechers sees its stock upgraded to “outperform” from “neutral” at Wedbush and price target raised to $46 after company’s Q2 sales and profits exceeded estimates. Lululemon adds Worldpay Inc. CFO Stephanie Ferris to its board. Puma will reportedly sign a 10-year extension with German soccer club Borussia Dortmund worth an estimated 25-30 million euros annually. Callaway Golf’s EVP of global marketing and Callaway Brands Richard H. Arnett is resigning from the company, effective Aug. 31.

Weekly Review

Retail Name
(Ticker Symbol)

% Change over week
Price 07/11/19 • 07/18/19

Big 5 Sporting Goods
(BGFV)

5.13%

$1.95 • $1.85

Sports Direct
LON: SPD

12.12%

$322.14 • $283.11

Camping World
CWH

7.20%

$11.52 • $10.69

Dick's Sporting Goods
DKS

4.42%

$35.99 • $37.58

JD Fashion
jD

0.13%

$765.78 • $764.79

Foot Locker
FL

2.64%

$41.26 • $42.35

Genesco
GCO

5.02%

$42.23 • $40.11

Hibbett Sports
HIBB

1.26%

$19.78 • $20.03

Kohl’s
KSS

0.93%

$48.13 • $48.58

Macy’s
M

0.75%

$21.39 • $21.55

Sportsman’s Warehouse
SPWH

0.91%

$4.40 • $4.36

Shoe Carnival
SCVL

1.50%

$27.41 • $27.00

Tilly’s
TLYS

0.13%

$7.99 • $8.00

Walmart
WMT

0.70%

$113.92 • $114.72

Zumiez
ZUMZ

3.09%

$24.59 • $23.83

TOTAL
WEEK OVER WEEK

2.68%

$1,488.48 - $1,448.55

Brand Name
(Ticker Symbol)

% Change over week
Price 07/11/19 • 07/18/19

Acushnet Holdings
GOLF

0.15%

$26.60 • $26.56

adidas
addyy

1.50%

$156.83 • $159.18

Callaway
ELY

1.05%

$18.01 • $18.20

Columbia Sportwear
COLM

4.44%

$99.72 • $104.15

Deckers Brands
DECK

1.92%

$173.06 • $176.83

GoPro
GPRO

9.34%

$5.57 • $5.05

lululemon
LULU

3.45%

$183.07 • $189.39

Nautilus
NLS

22.73%

$1.76 • $2.16

Nike
NKE

0.95%

$88.28 • $87.44

Puma
PUMA

1.49%

$65.86 • $64.88

Skechers
SKX

3.60%

$33.63 • $34.84

Under Armour
UA

2.97%

$23.22 • $23.91

VF Corp.
VFC

0.81%

$87.87 • $87.16

Wolverine Worldwide
WWW

1.50%

$26.68 • $27.08

Yeti
‍‍YETI

5.15%

$33.95 • $32.20

TOTAL
WEEK OVER WEEK

1.41%

$1,024.11 - $1,038.58

RETAIL: 62

38.74%

BRANDS: 184

83.61%

Index base of 100 is key to the closing prices of 12/31/14

Sports Insight Extra Podcast Series