Investment Rating - The report maintains a "Buy" rating for Galaxy Entertainment Group with a target price of HKD 49.81, representing a potential upside of 26.61% from the current stock price of HKD 39.34 [2][10]. Core Insights - Galaxy Entertainment Group reported strong Q2 2025 results with a net revenue increase of 10.3% year-on-year and 7.5% quarter-on-quarter, reaching HKD 12.04 billion, which is 91.4% of the 2019 level [5]. - The adjusted EBITDA grew by 12.4% year-on-year and 8.3% quarter-on-quarter to HKD 3.57 billion, with an EBITDA margin of 29.6% [5]. - The company announced an interim dividend of HKD 0.7 per share, raising the payout ratio to 59%, marking it as the first in the industry to increase dividends [5]. - The introduction of smart gaming tables and the launch of the Capella Hotel and Resort are expected to enhance market share and attract high-quality customers [10]. Summary by Sections Galaxy Entertainment Group Performance - Q2 2025 net revenue was HKD 12.04 billion, a 10.3% increase year-on-year and a 7.5% increase quarter-on-quarter [5]. - VIP gaming table turnover increased by 20.8% year-on-year and 20.2% quarter-on-quarter [5]. - The adjusted EBITDA reached HKD 3.57 billion, with a year-on-year growth of 12.4% [5]. Hotel and Casino Operations - "Galaxy Macau" and the StarWorld Hotel reported net revenues of HKD 10 billion and HKD 1.17 billion, respectively, with year-on-year growth of 16% and a decrease of 11.5% [6]. - The EBITDA for "Galaxy Macau" was HKD 3.33 billion, reflecting a 19.5% year-on-year increase [6]. Future Developments - The Capella Hotel and Resort is set to officially open soon, featuring high-end amenities aimed at attracting a new customer base [7]. - The ongoing construction of the fourth phase of "Galaxy Macau" is expected to be completed by 2027, adding significant capacity and facilities [7]. Financial Projections - The report forecasts total net income for 2025 at HKD 47.2 billion, with a year-on-year growth of 8.7% [12]. - The projected EBITDA for 2025 is HKD 13.86 billion, reflecting a 13.7% increase [12]. - The expected net profit for 2025 is HKD 10.13 billion, with a year-on-year growth of 15.7% [12].

Investment Rating - The report does not provide a specific investment rating for Ralph Lauren (RL) [2] Core Insights - The company's international expansion strategy is progressing steadily, with increasing brand recognition in overseas markets. The growth rate in the Chinese market exceeds 30% [2] - The company hosted its first fashion show in China and utilized Douyin for live streaming sales, significantly boosting brand awareness and sales [2] - Revenue for the quarter reached a record high, with a year-on-year increase of 14%, driven by strong demand for core products and high-potential categories [2][3] - The gross margin improved to 72.3%, up 180 basis points year-on-year, benefiting from price increases and lower cotton prices [3] - The management has raised the fiscal year 2026 guidance, expecting revenue growth in the low to mid-single digits, with operating margin improvements [3] Revenue and Profitability - Total revenue for the fiscal year ending March 28 is projected to grow from $6,631 million in FY24 to $8,367 million in FY28, reflecting a compound annual growth rate of approximately 5% [4] - Net profit is expected to increase from $646 million in FY24 to $1,041 million in FY28, with earnings per share rising from $9.71 to $17.70 over the same period [4] - The diluted earnings per share for the latest quarter increased by 35% year-on-year to $3.52, with an adjusted growth of 40% to $3.77 [3] Regional Performance - North America revenue grew by 8% to $656 million, with direct same-store sales increasing by 12% [3] - European revenue rose by 16% to $555 million, with direct same-store sales up by 10% [3] - Asian revenue increased by 21% to $474 million, with China showing over 30% growth and direct same-store sales up by 18% [3] Market Position - The company maintains a competitive edge through brand differentiation and the strength of its core product categories, which are expected to continue driving high-quality growth [2][3]

Core Insights - lululemon athletica inc. (LULU) and Ralph Lauren Corporation (RL) are key players in the premium apparel market, each with strong brand equity and loyal customer bases [1][2] lululemon athletica inc. (LULU) - LULU has established itself as a leader in the premium activewear segment, benefiting from robust international growth, particularly in China and other global markets, while also gaining market share in North America [4][6] - The company's strategy focuses on product innovation, category expansion, and digital excellence, with successful product launches and investments in e-commerce driving direct-to-consumer sales [5][6] - In the first quarter of fiscal 2025, LULU achieved revenue growth at the high end of guidance, supported by disciplined inventory management and reduced markdowns [6] - The Zacks Consensus Estimate for LULU's fiscal 2025 sales suggests a year-over-year growth of 5.6%, but the EPS indicates a decline of 1.5% [11][14] Ralph Lauren Corporation (RL) - RL maintains a significant share in the global premium lifestyle and apparel segment, supported by a diverse portfolio and a loyal, multi-generational customer base [7][10] - The company is investing in brand elevation, digital acceleration, and international expansion, with digital channels increasingly contributing to sales [8][10] - In the first quarter of fiscal 2026, RL reported positive direct-to-consumer comparable sales across all regions, with strong growth in Asia and Europe [10] - The Zacks Consensus Estimate for RL's fiscal 2026 sales implies year-over-year growth of 4.6%, with EPS growth of 18.2% [11][14] Performance Comparison - Over the past three months, RL's stock recorded a total return of 11.1%, significantly outperforming LULU's decline of 38.9% [17] - LULU trades at a forward P/E multiple of 12.87X, below its 3-year median of 27.04X, while RL trades at a forward P/E of 20.25X, reflecting investor confidence in its brand equity and growth potential [21][24] Analyst Sentiment - Ralph Lauren is viewed as the stronger contender due to its solid three-month return, healthy growth prospects, and consistent execution of strategic initiatives [25][26] - lululemon, while impressive in product innovation and customer loyalty, faces near-term pressures indicated by downward estimate revisions and projected earnings softness [26][27]

Core Insights - Stock markets are currently facing significant volatility due to tariff-related headwinds, economic slowdown expectations, and rising inflation, posing challenges for retail investors in stock selection and return generation [2]. Company Summaries - **Ralph Lauren Corporation (RL)**: A major designer and distributor of premium lifestyle products, RL's fiscal 2026 earnings are projected to rise by 18.2% year over year. The company has seen a 5.6% upward revision in broker ratings over the past four weeks and currently holds a Zacks Rank of 1 [8][9]. - **CommScope Holding Company, Inc. (COMM)**: Specializing in infrastructure solutions, COMM's earnings for 2025 are expected to surge by 4,333.3% year over year. The company has experienced a 16.7% increase in broker ratings in the last four weeks and also holds a Zacks Rank of 1 [9][10]. - **Barrick Mining Corporation (B)**: One of the largest gold mining companies globally, Barrick's earnings for 2025 are anticipated to increase by 55.6% year over year. The company has seen a 5.9% upward revision in broker ratings over the past four weeks and currently has a Zacks Rank of 1 [9][11].

Investment Rating - The report maintains an investment rating of "Synchronize with the market - A" for the textile and apparel industry [1]. Core Insights - The textile and apparel industry has shown mixed performance, with Under Armour reporting a 4% year-on-year revenue decline in FY2026Q1, amounting to $1.1 billion, and a net loss of $2.612 million [2][17]. - The North American market saw a 5% revenue decline to $670 million, while the international market's revenue decreased by 1% to $470 million, with EMEA market revenue increasing by 10% [3][17]. - Adidas reported a 14% year-on-year revenue growth in H1 2025, while HUGO BOSS and Ralph Lauren showed varied performance, with HUGO BOSS experiencing a 1% revenue increase in Q2 2025 and Ralph Lauren achieving a 14% revenue growth [6][59]. Summary by Sections 1. Company Performance - Under Armour's FY2026Q1 revenue decreased by 4% to $1.1 billion, with a net loss of $2.612 million compared to a loss of $30.5 million in the previous year [2][17]. - HUGO BOSS reported a 1% revenue increase in Q2 2025, while EBIT grew by 15% [6][57]. - Ralph Lauren's net revenue increased by 14% to $1.7 billion, with a net profit growth of 30.7% [59][60]. 2. Market Trends - The textile and apparel sector saw a 4.23% increase in the SW textile and apparel index, outperforming the Shanghai Composite Index by 3 percentage points [19]. - The SW textile manufacturing PE-TTM is at 21.66 times, while the apparel and home textile PE-TTM is at 28.86 times, indicating varying valuation levels across sub-sectors [22]. 3. Regional Performance - North America experienced a 5% revenue decline, while EMEA markets grew by 10% [3][4]. - The Asia-Pacific market saw a 10% revenue decline, with Latin America declining by 15% [3][4]. 4. Consumer Behavior - The retail sales of sports and entertainment products grew by 22.2% year-on-year in the first half of 2025, indicating strong demand in this segment [11]. - The overall retail sales in China for June 2025 reached 4.23 trillion yuan, growing by 4.8% year-on-year, but showing a decline compared to previous months [48][49]. 5. Future Outlook - For FY2026Q2, Under Armour expects a revenue decline of 6%-7%, with a projected gross margin decrease of 3.4-3.6 percentage points [4][18]. - The report suggests a cautious outlook for the textile and apparel industry, with varying performance expected across different regions and product categories [4][18].

Group 1: Market Overview - The luxury goods sector is experiencing a mixed performance, with some brands showing resilience while others struggle in a declining market environment [1] - Ralph Lauren reported a 14% year-over-year revenue increase to $1.7 billion in Q1 of FY2026, exceeding market expectations [3] - Capri Holdings saw a 6% decline in revenue to $797 million but turned a profit of $53 million, indicating a strategic focus on its core brands [4] Group 2: Brand Performance - Crocs' stock plummeted by 29.2% after a disappointing earnings outlook, forecasting a 9% to 11% revenue decline for Q3 [2] - Shiseido's sales fell by 7.6% to 470 billion yen (approximately 22.9 billion RMB) in the first half of FY2025, but core operating profit rose by 21.3% [6] - Hugo Boss reported flat sales of 2 billion euros in H1 2025, with a slight profit increase to 87 million euros [7] Group 3: Strategic Moves - Anta is reportedly acquiring Reebok, aiming to enhance its global presence, although the deal's finalization remains uncertain [8] - Tapestry has sold its struggling Stuart Weitzman brand for $120.2 million, allowing it to focus on its core brands Coach and Kate Spade [9] - Kering Group is partnering with Swire Properties to promote sustainable retail practices, aligning with its environmental commitments [11] Group 4: Regional Expansion - Fendi opened its first store in Cancun, Mexico, to expand its market presence, featuring a design that blends Italian aesthetics with local culture [10] - The Asian market showed significant growth for Ralph Lauren, with revenue increasing by over 30% in China [3] - The Americas and Asia regions reported growth for the global cosmetics giant Intercos, with a 15.6% increase in the Asian market [12]

Hey, I'm Kramer. Welcome to Mad Money. Welcome to Crane America. Other people do my make friends. Hey, I'm just trying to make you a little money. My job is not just to teach you, but to educate, entertain, too. So, call me at 1800743 CBC. Tweet me at Jim Kramer. In any given market, you need to understand the themes, what's really going on, not in the averages, but underneath. So, on a day where the Dow lost 224 points, as we shed 008%, but the NASDAQ, where the hottest stocks are, gain 35%. Let's take a m ...

Core Insights - Ralph Lauren Corporation (RL) reported strong first-quarter fiscal 2026 results, with both revenue and earnings exceeding expectations, highlighting the company's brand strength and strategic execution [1][2][3] Financial Performance - Adjusted earnings per share reached $3.77, surpassing the consensus estimate of $3.48, marking a 39.6% increase from $2.70 in the same quarter last year [2][9] - Net revenues grew 14% year over year to $1,719 million, exceeding the Zacks Consensus Estimate of $1,651 million, with an 11% increase on a constant-currency basis [3][9] - Global direct-to-consumer comparable store sales increased by 13%, positively influenced by foreign currency rates [4] Regional Performance - North America: Revenues rose 8% to $656 million, with retail channel comps up 12% [7] - Europe: Revenues increased 16% to $555 million, with retail channel comps up 10% [8] - Asia: Revenues grew 21% to $474 million, with comps up 18% [10] Margin and Cost Analysis - Adjusted gross profit margin expanded by 180 basis points to 72.3%, driven by favorable product mix and lower cotton costs [11][9] - Adjusted operating income was $293 million, with an operating margin increase of 270 basis points to 17% [12] Balance Sheet and Capital Management - Cash and short-term investments totaled $2.3 billion, with total debt at $1.6 million and total shareholders' equity at $2.5 billion [13] - The company repurchased nearly $250 million of Class A Common Stock and returned about $300 million to shareholders through dividends and stock repurchases [14] Outlook - For fiscal 2026, RL expects low to mid-single-digit revenue growth on a constant currency basis, with operating margin expansion of approximately 40 to 60 basis points [17] - For the fiscal second quarter, revenue growth is anticipated in the high single digits on a constant currency basis, with operating margin expected to expand by 120 to 160 basis points [19]

Ralph Lauren’s fiscal first-quarter net income rose sharply and the designer label boosted its sales projection for the fiscal year as consumers paid up for its clothes and accessories in many parts of the world, especially in Asia https://t.co/mZpU0YrSqo ...

Economic Overview - U.S. pre-market futures are at peak highs, with the Dow up 185 points, S&P 500 up 35 points, and Nasdaq up 120 points, indicating a healthy market environment [1] - The small-cap Russell index is up 20 points, showing recovery from a previous selloff, with Q2 earnings season exceeding expectations across various industries [2] Productivity and Labor Costs - U.S. Productivity in Q2 increased by 2.4%, surpassing the expected 1.9%, marking a significant recovery from the previous quarter's -1.8% [3] - Unit Labor Costs rose by 1.6%, slightly above the estimated 1.3%, and down from a revised 6.9% in Q1, indicating improved economic conditions [4] Employment Data - Initial Jobless Claims rose to 226K, 5K higher than estimated, but still below the near-term high of 250K reported in early June [5] - Continuing Jobless Claims reached 1.974 million, the highest since November 2021, but still below the psychologically significant 2 million mark [6] Company Earnings Reports - Eli Lilly reported Q2 earnings of $6.31 per share, exceeding the $5.61 estimate, with revenues of $15.56 billion, up 5.5% [7] - Despite strong earnings, Eli Lilly's shares fell 7% due to disappointing performance of its new obesity pill, which had a 12% weight loss rate [8] - Warner Bros. Discovery reported earnings of $0.63 per share, significantly better than the expected -$0.16, with revenues of $9.81 billion [9] - Ralph Lauren's fiscal Q1 earnings were $3.77 per share, beating the $3.48 estimate, with revenues of $1.7 billion, up 14% year over year [10] Upcoming Economic Data - Wholesale Inventories for June and Consumer Credit data will be released later today, following a previous Consumer Credit increase of $5.1 billion [11]