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Canada Goose (GOOS) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-07-10 17:01
Core Viewpoint - Canada Goose (GOOS) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [3][5]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [3]. Canada Goose's Earnings Outlook - The upgrade for Canada Goose reflects an improvement in its underlying business, with rising earnings estimates expected to drive the stock price higher [4]. - For the fiscal year ending March 2026, Canada Goose is projected to earn $0.88 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 1.7% over the past three months [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. - Canada Goose's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating strong potential for near-term price appreciation [9].
Why Is Stitch Fix (SFIX) Down 5% Since Last Earnings Report?
ZACKS· 2025-07-10 16:30
A month has gone by since the last earnings report for Stitch Fix (SFIX) . Shares have lost about 5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Stitch Fix due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It turns out, e ...
5 Sector ETFs Set to Power Q2 Earnings Growth
ZACKS· 2025-07-10 16:00
The second-quarter 2025 earnings season will kick off next week, with banking sector players due to report numbers. The overall picture ahead of this reporting cycle is one of continued resilience and a steadily improving outlook.Total S&P 500 earnings are expected to be up 4.9% from the year-ago period on 3.9% higher revenues, per the latest Earnings Trends report. While negative revisions to Q2 estimates have stabilized in recent weeks, estimates for the period have been under significant pressure relativ ...
Lumwana Expansion In Full Swing As Barrick Builds Tier One Copper Mine
Globenewswire· 2025-07-10 16:00
All amounts expressed in US dollars LUSAKA, Zambia, July 10, 2025 (GLOBE NEWSWIRE) -- Construction of the $2 billion Super Pit Expansion Project at Barrick Mining Corporation’s (NYSE:B)(TSX:ABX) Lumwana mine is well underway, accelerating its transformation into a Tier One copper mine. Addressing members of the media and other stakeholders here today, Barrick president and chief executive Mark Bristow said the Lumwana expansion builds on a remarkable turnaround that has seen the operation evolve from a stru ...
ZIM Stock Slips 13.3% in 6 Months: Should You Buy the Dip or Wait?
ZACKS· 2025-07-10 15:51
Core Insights - ZIM Integrated Shipping's shares have decreased by 13.3% over the past six months, underperforming the Zacks Transportation-Shipping industry's decline of 8.5% and the broader transportation sector's 4.2% drop [1][6] - The stock has lagged behind peers such as Star Bulk Carriers, which gained 14.6%, and Frontline, which saw a decline of 2.1% during the same period [1][2] Supply Chain and Trade Challenges - Ongoing supply chain issues, rising tariff-related costs, and geopolitical tensions have pressured ZIM's stock performance [2][6] - Trade tensions, particularly between the U.S. and China, have negatively impacted ZIM, with management expressing caution regarding transpacific trade in the absence of a long-term trade agreement [3][4] Financial Outlook - Earnings estimates for ZIM for 2025 and 2026 have declined year-over-year due to trade tensions [5][6] - ZIM's long-term debt has more than doubled to $4.6 billion since 2019, raising concerns about its financial stability [7] Analyst Sentiment - Analysts maintain a bearish outlook on ZIM, with an average price target of $16.07, indicating a potential downside of 2.7% from its last closing price [9] - The average brokerage recommendation for ZIM is 4.13 on a scale of 1 (Strong Buy) to 5 (Strong Sell), reflecting negative sentiment [9] Dividend and Valuation - Despite challenges, ZIM offers a high dividend yield, with a regular cash dividend of approximately $89 million or 74 cents per share declared for the first quarter of 2025 [14][13] - ZIM trades at a low forward price-to-sales (P/S) ratio of 0.3X, making it attractive compared to industry peers [16][6]
lululemon Bets on Footwear & Men's Category: Will it Pay Off?
ZACKS· 2025-07-10 15:31
Core Insights - lululemon athletica inc. (LULU) is focusing on expanding its men's category and footwear as part of its Power of Three ×2 growth strategy, with the men's business achieving an 8% year-over-year growth in Q1 of fiscal 2025, outperforming the women's category [2][11] - The company is introducing innovative products in both men's and women's lines, with strong guest response to new collections and styles, indicating a positive reception and potential for future growth [3][5] Men's Category Expansion - The men's collection, particularly the "No Line Align" line, is gaining traction with plans for a full rollout in fall, suggesting it could become a core franchise [3] - The men's segment is projected to grow by 4% in fiscal 2025 and is expected to contribute nearly 25% of total sales, prompting deeper investments in styles and inventory [6][11] Footwear Development - LULU launched its first men's footwear collection, the Beyondfeel running shoe, which has received strong sell-through and positive feedback, marking a significant step in establishing a foothold in the competitive footwear market [4][11] - New styles in women's footwear, such as the Restfeel slide and Cityverse sneaker, are also being introduced, reinforcing the company's commitment to footwear as a long-term growth driver [5] Competitive Landscape - lululemon faces increasing competition from established brands like NIKE Inc. (NKE) and Ralph Lauren Corporation (RL), both of which are also targeting the active, style-driven male consumer [7][9] - NIKE is focusing on performance and innovation in its men's and footwear categories, while Ralph Lauren is expanding its men's offerings through sport-inspired collections, intensifying competition in the premium, active-inspired segments [8][9] Financial Performance and Outlook - lululemon's shares have declined by 38.3% year-to-date, compared to the industry's decline of 23.1% [10] - The Zacks Consensus Estimate for LULU's fiscal 2025 earnings indicates a year-over-year decline of 1%, while fiscal 2026 suggests growth of 8.3%, with recent earnings estimates trending downward [14]
How is Wolverine Repositioning for Sustained Margin Strength in 2025?
ZACKS· 2025-07-10 14:45
Core Insights - Wolverine World Wide, Inc. (WWW) started fiscal 2025 with strong momentum, achieving a record gross margin and notable operational efficiency improvements [1][7] - The company reported a 7.3% year-over-year increase in adjusted gross profit, reaching $194.8 million in the first quarter [1] Financial Performance - The adjusted gross margin for the first quarter was 47.3%, an increase of 80 basis points from the previous year, driven by a favorable sales mix, reduced promotional activities, and supply-chain cost-saving initiatives [2][9] - Operating income improved due to stronger top-line results and strict expense control, with the adjusted operating margin rising by 100 basis points to 6% [4] Brand Performance - Significant margin gains were observed in key brands, particularly Saucony and Merrell, which benefited from higher average selling prices and a healthier full-price sales mix [3] - Sweaty Betty, despite a planned revenue decline, achieved a 1,000-basis-point improvement in gross margin by shifting focus from promotions to premium pricing [3] Future Projections - Wolverine anticipates an adjusted operating margin of 7.2% in the second quarter, reflecting a 90-basis-point improvement year-over-year [5] - The company is taking proactive measures to mitigate cost pressures, including diversifying its sourcing footprint and implementing selective price increases [6] Stock Performance - Over the past three months, WWW stock has increased by 75.9%, outperforming the Zacks Shoes and Retail Apparel industry's growth of 31.4% [8] - The stock is currently trading above its 50 and 200-day simple moving averages, indicating a continued uptrend [11] Valuation Metrics - Wolverine trades at a forward price-to-sales ratio of 0.84X, which is below the industry average of 2.01X [12] - The Zacks Consensus Estimate for Wolverine's current financial-year sales and earnings per share indicates year-over-year growth of 3.6% and 15.4%, respectively [15]
X @Forbes
Forbes· 2025-07-10 14:04
RT ForbesWomen (@ForbesWomen)Catarina Macario, a midfielder for the U.S. national team, will be one of the highest-paid players in women's soccer thanks to a new shoe and apparel deal with Nike. (Photo: Robin Alam/ISI Photos via Getty Images) https://t.co/alRRhcZlSO https://t.co/a8788gDgVW ...
智利铜矿开采公司Antofagasta首席执行官:我们目前不会向美国发送额外的铜,将维持现有的销售合同。
news flash· 2025-07-10 13:43
智利铜矿开采公司Antofagasta首席执行官:我们目前不会向美国发送额外的铜,将维持现有的销售合 同。 ...
Whirlpool Brand and Premier Lacrosse League Announce Chicago River Stunt in Celebration of the League's Highly-Anticipated Return
Prnewswire· 2025-07-10 13:02
The event will kick off a two-day game series at Northwestern Medicine Field's Martin Stadium CHICAGO, July 10, 2025 /PRNewswire/ -- Whirlpool brand, a proud sponsor of the Premier Lacrosse League (PLL), is transforming the Chicago River into a floating arena to welcome PLL back to the city for the first time since 2019. The Chicago Weekend two-day series will feature four games on July 11-12 at Northwestern Medicine Field.Lacrosse fans are encouraged to celebrate the league's return in the first-ever profe ...