17.31 0.00 (0.00%)
After hours: 4:47PM EDT
|Bid||17.02 x 800|
|Ask||17.63 x 1300|
|Day's range||17.08 - 17.56|
|52-week range||10.36 - 22.68|
|Beta (3Y Monthly)||-0.43|
|PE ratio (TTM)||N/A|
|Earnings date||25 Apr 2018 - 30 Apr 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||13.00|
As of October 12, VF Corporation (VFC) stock has increased 18.1% YTD (year-to-date) to $87.43. Meanwhile, Hanesbrands (HBI) and PVH Corp (PVH) have fallen 21.8% and 8.1%, respectively. VF Corporation is a leading name in the apparel manufacturing space.
Olympic skier Lindsey Vonn, who says she's retiring from competition next season, tells Yahoo Finance her retirement plan in business.
Most of the apparel sector stocks were deep in the red on October 10. European fashion giant LVMH-Moet Hennessy Louis Vuitton has a cautious view on China.
VF Corporation (VFC) plans to sell its Reef brand to The Rockport Group. After the divestment, Reef—a beach lifestyle brand—will continue to function as an independent entity. VF Corporation has been divesting its brands as it reorganizes its portfolio. Earlier, VF Corporation sold its Nautica brand to Authentic Brands Group.
Nike (NKE) shares have risen 32% in 2018 as of October 3—compared to the S&P 500’s return of 9%. The company has also outperformed the Dow Jones Industrial Average Index, which has gained 8.5% YTD (year-to-date). Nike stock has risen more than 60% during the past year. Nike is the top gainer in the Dow Jones Industrial Average Index during this period.
Currently, 37 Wall Street analysts cover Nike (NKE). Nike is rated as a 2.3 on a scale of one (strong buy) to five (strong sell). There have been at least four recommendation changes for the company in the past three months.
Nike (NKE) reported its fiscal 2019 first-quarter results after the market closed on Tuesday, September 25. The results relate to the three-month period ending August 31. As in the past three quarters, the sportswear giant did better than Wall Street expectations on both the top and bottom lines. Earnings per share increased by 17.5% to 67 cents, four cents more than analysts’ earnings forecasts.
It’s never good to hear about people losing their jobs, but the athletic-gear maker really needed to adjust its strategy and its headcount.
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into what to expect from Nike's (NKE) fiscal Q1 financial results. Rains then evaluates the latest announcements from Gap (GPS) and Under Armour (UAA) aimed to help them better compete in a changing retail environment.
J.P. Morgan upgraded Under Armour (UAA) to “neutral” from “underweight” on September 21 after the sportswear maker announced another round of job cuts and raised the forecast for its adjusted profit.
Under Armour (UAA) plans to lay off 400 jobs as part of its ongoing restructuring process that will lead to higher-than-expected restructuring cost. Also, the company has raised its bottom-line view.
Under Armour (UAA) shares rose 6.6% on September 20, which made it the top gainer in the S&P 500 Index. The company updated its restructuring plan and guidance. Under Armour announced a 3% cut in its workforce—the second round of job cuts for the company after it cut 277 jobs last year. The company expects annual savings of ~$75 million from the restructuring plan beginning in fiscal 2019.
Major benchmarks closed at record highs on a historic day on Wall Street. Under Armour rose after announcing workforce reductions, while Red Hat fell following the release of its latest quarterly results.
Stocks that moved substantially or traded heavily Thursday: Under Armour Inc., up $1.24 to $20 The athletic gear maker raised its profit forecast and said it will cut 400 jobs. Thor Industries Inc., down ...
Technicals improved as the Nasdaq rose above 8,000, a recent resistance point. Meanwhile, the Dow and the S&P 500 pegged new highs on their stock charts.
Ryan McQueeney recaps morning news involving Under Armour, Nvidia, General Electric, and Red Hat. Later, he is joined by momentum guru Dave Bartosiak to discuss the Dow hitting a new all-time high and to speculate over where our major indexes might finish the year.
Under Armour Inc. said it will cut 3 percent of its global workforce, or about 400 jobs, part of ongoing changes at the sports apparel company. “This redesign will help simplify the organization for smarter, faster execution, capture additional cost efficiencies, and shift resources to drive greater operating leverage as we move into 2019 and beyond,” Bergman said in a statement.