Fri, Jun. 26, 10:07 AM
- While Nike (NKE +4.5%) is doing yeoman-like work in supporting the Dow Jones Industrial Average, some other footwear/apparel stocks are ahead of market averages.
- The group is being viewed as being in the right consumer market following a strong report from the Beaverton company.
- Gainers: Iconix Brand Group (ICON +1.9%), Steven Madden (SHOO +1.8%), Under Armour (UA +0.6%), Hanesbrands (HBI +0.8%), Crocs (CROX +2.6%), Deckers Outdoor (DECK +1.2%), Skechers (SKX +0.4%), Wolverine Worldwide (WWW +1.5%), Caleres (CAL +2.2%), Genesco (GCO +2.3%), Shoe Carnival (SCVL +2.4%), Foot Locker (FL +2.4%).
- The S&P Retail ETF (XRT +0.8%) is feeling the support from the athletic apparel and shoe stocks.
- Previously: Nike beats by $0.15, beats on revenue (Jun. 25 2015)
- Previously: Global futures at Nike top expectations (Jun. 25 2015)
- Previously: Millennial demand underpins bright outlook for shoe stocks (Jun. 26 2015)
Fri, Jun. 12, 3:06 PM
Fri, Jun. 12, 10:45 AM
Sat, Jun. 6, 12:58 PM
- Many analysts covering the apparel/department store part of the retail sector have been pushing out the same story on global lifestyle brands and REIT conversions without giving investors much of a play except an all-in turnaround bet.
- There's a suspicion with some industry insiders that F/X and comp sales headlines are hiding some undervalued picks.
- A few screens below. Add your own in the comments.
- Lowest forward price-to-earnings ratio: Genesco (NYSE:GCO), Dillard's (NYSE:DDS), Gap (NYSE:GPS), Stage Stores (NYSE:SSI), Stein Mart (NASDAQ:SMRT).
- Lowest price-to-book ratio: Abercrombie & Fitch (NYSE:ANF), Stage Stores, Ascena Retail Group (NASDAQ:ASNA), Guess (NYSE:GES), J.C. Penney (NYSE:JCP).
- Highest current ratio (assets/liabilities): Shoe Carnival (NASDAQ:SCVL), Francesca's (NASDAQ:FRAN), Guess, Citi Trends (NASDAQ:CTRN), DSW (NYSE:DSW).
Thu, May 21, 12:38 PM
- Shoe Carnival (SCVL -1.5%) says it was hit by over 400 days cumulative of stores closures due to weather during Q1.
- Comparable-store sales were up 3.0% during the quarter.
- Gross margin rate was flat at 29.5% and the merchandise margin was up 10 bps.
- SG&A expense rate -20 bps to 22.8%.
- The company raised the low end of 2015 EPS guidance to $1.42-$1.48 vs. $1.40-$1.48 prior and $1.47 consensus.
- Shares of Shoe Carnival were on the rise in the weeks before the earnings report.
Wed, May 20, 4:08 PM
Tue, May 19, 5:35 PM
Sat, May 2, 2:00 PM
- There's a vibrant rally ongoing with shoe stocks as some stars align for the sector.
- Analysts have cited a consumer trend toward a higher spend in the category amid positive macroeconomic factors, while some relief with input costs (rubber) and foreign exchange swings (labor) has helped with margins.
- Mark down athleisure and brand-loyal millennials as two other positive factors for shoe sellers.
- The U.S. retail sneaker market is now worth close to $28B, according to Sneakernomics.
- SportsOneSource pegs the international market at $55B and growing briskly.
- In what could also be considered a sign of a strong retail segment, designer basketball shoes even have a sizzling secondary market.
- The list of shoe companies - retail level and wholesalers - with shares that have outperformed the S&P 500 and the S&P Retail ETF over the last 90 days includes Columbia Sportswear (NASDAQ:COLM), Deckers Outdoor (NYSE:DECK), Nike (NYSE:NKE), Foot Locker (NYSE:FL), Crocs (NASDAQ:CROX), Steve Madden (NASDAQ:SHOO), Brown Shoe (NYSE:BWS), Skechers (NYSE:SKX), Finish Line (NASDAQ:FINL), Shoe Carnival (NASDAQ:SCVL), and Wolverine Worldwide (NYSE:WWW).
- Under Armour (NYSE:UA) and Adidas (OTCQX:ADDYY) are also ahead of market averages over the same three-month period.
- If an ETF of the shoe stocks listed above existed, it would have doubled up the return of the S&P 500 Index since January.
Wed, Mar. 18, 5:43 PM
Wed, Mar. 18, 4:10 PM
Tue, Mar. 17, 5:35 PM
Tue, Mar. 17, 11:31 AM
- Shoe stocks are higher after DSW impresses with its quarterly report and Foot Locker is tapped for more gains.
- The sector has outperformed broad retail this year buoyed by strong demand for athletic shoes.
- Previously: DSW +7% after impressive comp (Mar. 17 2015)
- Previously: Foot Locker investment seen as a safer Nike bet (Mar. 17 2015)
- Gainers: DSW +4.1%, Brown Shoe (NYSE:BWS) +3.1%, Steven Madden (NASDAQ:SHOO) +1.9%, Finish Line (NASDAQ:FINL) +1.1%, Foot Locker (NYSE:FL) +1.1%, Shoe Carnival (NASDAQ:SCVL) +1.1%.
Tue, Feb. 24, 11:23 AM
- Data from NPD Group confirms that athleisure and casualwear are providing the strongest growth in the fashion industry.
- Apparel sales growth was flat Y/Y in 2014 at $208.3B.
- Footwear sales +2% to $62B.
- Accessories +2% to $52.7B.
- Categories with strong demand included sports bras, polo/golf/rugby tops, children's footwear, sports jerseys, handbags, leggings, and jewelry accessories.
- NPD says an "underlying sense of rebellion" driven by millennials is a major factor in the sector.
- Apparel/footwear stocks: CROX, DECK, WWW, SHOO, SKX, SCVL, BWS, FL, FINL, NKE, KATE, ANN, LULU, PVH, VNCE, CRI, UA, HBI, VFC, COLM, GIL, SQBG, JCP, KSS, DDS, M, JWN, ARO, AEO, ANF, WTSL, TLYS, CACH, ZUMZ, PSUN, EXPR, BKE, GIII, SQBG, HBI, VRA, ICON, BWS, PERY, DXLG, BONT, GES, URBN, RL,GIL, OXM, HBI, VNCE, PERY, ICON.
Wed, Feb. 11, 9:45 AM
- The Footwear Distributors and Retailers of America says tariffs on footwear rose 6.6% to $2.671B last year.
- The pace exceeds sales growth in the sector.
- Countries included the Trans-Pacific Partnership (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam) increased duties last year by 24% Y/Y.
- Analysts have noted that a good portion of the tariff tax has hit the bottom line of shoe companies with pricing still very competitive.
- The footwear trade group is pushing Congress to give President Obama Trade Promotion Authority to help bring tariff relief.
- Shoe stocks: CROX, DECK, WWW, SHOO, SKX, SCVL, BWS, FL, FINL, NKE.
Dec. 12, 2014, 11:02 AM
Dec. 2, 2014, 12:47 PM
SCVL vs. ETF Alternatives
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