6 10, 2023

Levi Strauss Falls on Concerns of Weak Consumer Spending: Should You Buy, Sell, or Hold This Stock?

By |2023-12-07T19:50:00+00:00October 6th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Shares of Levi Strauss (LEVI) are trading lower in Friday's pre-market trading session after the clothing manufacturer delivered lackluster third-quarter earnings coupled with an unoptimistic full-year outlook. The company saw weakened consumer spending for the quarter which led to a 1% drop in sales to $1.51 billion. This fell short of the Wall Street [...]

1 09, 2023

Lululemon Thrives While Other Brands Struggle, Delivering Solid Q2 Earnings: Time to Buy LULU?

By |2023-12-07T19:53:24+00:00September 1st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , |

Lululemon (LULU) seems to be unphased by the broader economic climate, as the athleisure company delivered impressive earnings for the second quarter.  While most brands struggle with sales as consumers are becoming more stringent with discretionary spending, the company reported an 11% sales growth. This led to revenue of $2.21 billion for the quarter, [...]

25 08, 2023

Hibbett Outperforms Rivals & Reports Higher Profits Than Expected, Stock Climbs 21%: Time to Buy?

By |2023-08-25T18:18:29+00:00August 25th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

While much of the sporting retail industry takes steps backward amidst this challenging economic climate, Hibbett Sporting (HIBB) reported second-quarter earnings that outperformed not just the analyst expectations, but industry rivals too. The company reported sales of $374.9 million, which was just shy of the consensus of $376 million. This was a 4.6% decline [...]

23 08, 2023

Foot Locker Steps Back on Guidance After Another Bad Quarter: With FL Down 30%, Is It Time to Sell?

By |2023-12-07T19:53:46+00:00August 23rd, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , |

Foot Locker (FL) investors were in for a rude awakening this Wednesday morning as the company reported fiscal second-quarter earnings that featured another step backward on the full-year guidance.  While the company’s earnings were right on target with what analysts were looking for (4 cents adjusted), revenue slid below the analyst consensus ($1.86 billion [...]

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