Retail: 67
11.89%
Retail: 186
1.67%
Monday, August 26, 2019
Volume 3, Issue No. 34

Retail
Dick’s Gaining Traction from Shifting Priorities

Fundamental changes at the country’s largest full-line sporting goods retailer, some three years in the making, are delivering positive results and appear to be giving Dick’s newfound momentum. (Read More)

Outdoor Retailer Scraps November Show

The Outdoor Retailer Winter Market trade show, which was scheduled for Nov. 5-7 in Denver, has been canceled by show organizers. Instead, it will be combined with the Snow Show to create the Outdoor+Snow Show from Jan. 29-31, 2020.(Read More)

Tit-For-Tat Tariff War Rages On

U.S. retailers and vendors, who think they have a solid understanding of the potential financial impact of tariffs on products imported from China in H2, may be re-evaluating their strategies and checking their math today following actions on Friday and some confusing messages out of the G-7 Summit in France over the weekend. (Read More)

What’s Hot? What’s New?

Adidas Outdoor is introducing the MYSHELTER Rain Jacket, described as an urban commuter jacket, on Sept. 2. Both lightweight and functional, it designed to wear, carry or easily stow during any city commute. A hands-free carry strap solution enables wearer to remove garment without actually taking it off. (Read More)

The Buzz: Brooks Running, Grassroots Outdoor Alliance

Brooks Running, teaming with Locally and specialty running stores, began offering same-day delivery of its performance running products in 10 U.S. markets last week. Also, Locally will begin offering the service in 25 more U.S. cities. (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
For the second consecutive week, the Dow fell more than 500 points. Fortunately for the segment, the dip (-623 on Aug. 23) happened the day after the period as the China Trade War rhetoric heated up further in Washington and Beijing. The segment reversed its 5.4 percent decline last week with more than an 8.4 percent increase as six retailers posted a double-digit percentage gain. Kohl’s, when reporting Q2 results, said it expects comp sales to be flat to slightly down for the year. Also, KSS reported that Active continues to be a “bright spot” in its business as the category continued its long-running streak of positive comp growth. Dick’s reported a 3.2 percent increase in consolidated same-store sales in Q2 with CEO Ed Stack proclaiming, “Our key strategies and investments are working. Our major headwinds are behind us and we’ve bent the sales curve.” Meanwhile, Hibbett Chief Merchant Jared Briskin told analysts the retailer is seeing changes in back-to-school shopping patterns that are resulting in “peak volume days” due to a lot of last-minute purchases. Urban Outfitters (not on Index) CEO Richard Hayne says the fashion apparel business is still a strong “bottoms cycle.” Walmart sees one of its ecommerce employees snare 129,000 petition signatures to protest the discounter’s continued practice of selling firearms in the wake of the recent El Paso, TX store shooting. WMT is said to be considering additional steps to react to the event as DKS continues pondering whether to withdraw from the soft hunt business altogether.
Brands
Segment snaps its three-week downward skid with a nearly 4.6 percent increase for the period with all but Nautilus rising. But the headaches are hardly over considering the ongoing, escalating tariff issue with China. Nike signs a two-year licensing deal to sell NYC-brand merchandise that will give the company a 5 percent royalty on all generated revenue. Adidas opens an 843,000-sq.ft. DC in Wilkes-Barre, PA, its fifth in North America, as efforts to accelerate shipping to customers continue. Puma will release a co-branded apparel collection around the late Nipsey Hussel’s TMC brand on Sept. 5. Columbia Sportswear spends $33 million to purchase three building that will enable it to expand its campus over the next two years. Streetwear brand Milkcrate Athletics has filed trademark infringement lawsuits against Adidas and Under Armour this month. Skechers upgrades the POS systems in all company-owned stores. Lululemon, which intends to double the size of its men’s business by 2023, reports Q2 results on Sept. 5.

Weekly Review

Retail Name
(Ticker Symbol)

% Change over week
Price 08/08/19 • 08/15/19

Big 5 Sporting Goods
(BGFV)

15.88%

$1.70 • $1.97

Sports Direct
LON: SPD

13.94%

$267.36 • $304.63

Camping World
CWH

9.73%

$7.50 • $8.23

Dick's Sporting Goods
DKS

8.48%

$31.48 • $34.15

JD Fashion
jD

7.67%

$703.99 • $758.02

Foot Locker
FL

13.26%

$37.02 • $41.93

Genesco
GCO

7.35%

$32.24 • $34.61

Hibbett Sports
HIBB

14.71%

$14.82 • $17.00

Kohl’s
KSS

6.91%

$44.27 • $47.33

Macy’s
M

3.71%

$16.16 • $15.56

Sportsman’s Warehouse
SPWH

5.29%

$3.59 • $3.78

Shoe Carnival
SCVL

9.51%

$23.46 • $25.69

Tilly’s
TLYS

12.58%

$8.03 • $9.04

Walmart
WMT

0.69%

$112.69 • $111.91

Zumiez
ZUMZ

10.04%

$22.61 • $24.88

TOTAL
WEEK OVER WEEK

8.43%

$1,326.92 - $1,438.73

Brand Name
(Ticker Symbol)

% Change over week
Price 08/08/19 • 08/15/19

Acushnet Holdings
GOLF

3.62%

$25.15 • $26.06

adidas
addyy

2.03%

$142.97 • $145.87

Callaway
ELY

4.16%

$17.32 • $18.04

Columbia Sportwear
COLM

4.54%

$92.10 • $96.28

Deckers Brands
DECK

6.83%

$132.94 • $142.02

GoPro
GPRO

5.53%

$3.98 • $4.20

lululemon
LULU

4.86%

$175.44 • $183.97

Nautilus
NLS

3.91%

$1.28 • $1.23

Nike
NKE

4.78%

$79.51 • $83.31

Puma
PUMA

3.59%

$69.69 • $72.19

Skechers
SKX

1.11%

$30.75 • $31.09

Under Armour
UA

3.88%

$16.50 • $17.14

VF Corp.
VFC

4.56%

$77.48 • $81.01

Wolverine Worldwide
WWW

11.10%

$23.07 • $25.63

Yeti
‍‍YETI

7.63%

$27.00 • $29.06

TOTAL
WEEK OVER WEEK

4.58%

$915.18 - $957.10

RETAIL: 60

40.79%

BRANDS: 172

71.60%

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

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