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Investors interested in opportunities in the growth of the sports industry have a number of different options to implement an investment strategy with that target. One common path is to invest in sports accessories through stocks like Nike Inc (NYSE:NKE) or Under Armour Inc (NYSE:UAA). Other ...
Nike swings 4.61% lower in premarket action after supply chain problems led the company to lower revenue guidance. The issues largely tied to factory shutdown in Vietnam are expected to be persistent enough to lead to inventory shortages over the next few quarters. Wall Street analysts a...
Prem Watsa’s 13F portfolio value increased from $2.87B to $3.11B this quarter. Fairfax Financial's largest three stakes are Atlas Corp, BlackBerry, and Resolute Forest Products. They together account for ~76% of the 13F assets. The 13F securities form a small portion of the...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Read more about the events that may impact stock prices next week. Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. ...
Supply chain issues have been roiling the globe since the coronavirus pandemic began last year and retailers are still facing challenges with volatile production, COVID business restrictions and shortages of many goods. A great example of this can be seen in Vietnam, where many manufacturers ...
On Holding AG (NYSE:ONON) is up another 14% on day two of trading and topped out at $40 per share earlier in the session. Volume on ONON today is over 13M shares of the 616M shares outstanding. At the high point, Onon traded with a market cap of $10.9B, which is higher than Levi Strauss's (NY...
Since our last publication, the stock price has increased by 7%, fueled by the solid 2Q21 results. In our view, despite Under Armour's recent success, it was the industry's demand pick-up that fueled the surge in revenue growth, which, in turn, drove the stock price. The story has...
While the resurgence of COVID-19 cases is a significant concern for some industries, the consumer discretionary industry continues to enjoy substantial investor attention due to pent-up consumer demand and increasing spending. So, we think it could be wise to scoop up the shares of fundamenta...
BTIG warns on supply risks in the apparel and footwear sector as the negative impact of Vietnam factory closures becomes clearer. The firm expects some announcements on missed delivery schedules and thinks sales guidance shockers could be in the mix due to the COVID-related closures in Vietna...
The footwear market has been evolving rapidly with changing aesthetics and fashion trends. Furthermore, as people resume outdoor sports and fitness activities due to solid progress on the COVID-19 vaccination front, the footwear market is expected to witness significant sales growth. So, we t...
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University of Maryland and Under Armour Announce 12-Year Extension of Iconic Partnership PR Newswire The pair solidify their commitment for another 12 years of supporting student-athletes on and off the field. COLLEGE PARK, Md. , June 17, 2024 ...
2024-06-15 06:34:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
USA FOOTBALL AND UNDER ARMOUR FORM MULTI-YEAR PARTNERSHIP TO SUPPORT U.S. NATIONAL TEAMS AND GROW THE GAME OF FOOTBALL PR Newswire Under Armour becomes the Official and Exclusive Uniform, Apparel and Footwear Partner of USA Football and the U.S. National Team Through...