Bernstein Senior Analyst Aneesha Sherman shares her insights on the athletic wear stocks, particularly Lululemon as it continues to capture more market share from luxury retail consumers.
"Year-to-date, in January continuing into February and early March, the trends have been very weak in the US market, in particular. Management talked about this on the call yesterday, they said there was some challenging US consumer dynamics — traffic is flowing, conversion is flowing," Sherman says."I think it's a combination of macro, the middle-income consumer is getting squeezed right now and that is the Lulu consumer...
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Nike, Lululemon fall on earnings, Reddit enters second day of trading: Yahoo Finance LiveIt's a rough day for two athletic retail companies. Nike's (NKE) fiscal third quarter earnings and revenue topped expectations, but a weak outlook and...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock gains, FedEx earnings, Nike and Lululemon: 3 ThingsStocks (^DJI, ^IXIC, ^GSPC) are poised to see weekly gains after all three market indices closed at record highs the past two days. FedEx (FDX) shares move...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Nike rises on earnings, Lululemon drops on outlook: Analyst's takeIt's a tale of two athletic apparel makers. Nike (NKE) reported third-quarter results that were better than Wall Street had been expecting. Lululemon...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Nike stock jumps on Q3 earnings beatNike (NKE) reported better-than-expected third-quarter results. The athletic apparel retailer posted adjusted earnings per share of $0.77 compared to a $0.74...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Trading Game Plan: Stock market levels, crypto cycles, gold drop, FDX, LULU, and NKE trades highsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
출처: KitcoNewsNOW - 🏆 13. / 78 더 많은 것을 읽으십시오 »