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CSE Bulletin: Reinstatement - Grounded People Apparel Inc. (SHOE)
Newsfile· 2025-09-15 17:16
Toronto, Ontario--(Newsfile Corp. - Le 15 septembre/September 2025) - Effective immediately, Grounded People Apparel Inc. will be reinstated for trading. The Company has rectified the situation that gave rise to the suspension. _________________________________ Avec effet immédiat, Grounded People Apparel Inc. sera réintégrée à la négociation. La Société a rectifié la situation qui a donné lieu à la suspension. Effective Date/ Date Effective : Le 15 SEPT 2025 Symbol(s)/Symbole(s) : SHO ...
Lululemon: Selloff Overdone, But Fundamentals Remain Strong
Seeking Alpha· 2025-09-15 16:50
Lululemon stock (Nasdaq: NASDAQ: LULU ) has sold off sharply after Q2 results , with investors treating it as if the brand is structurally broken, but the operating data and management’s commentary point to a very different conclusion. LULU is theI am currently studying economics and accounting at UCSB, and interning at a UBS wealth management office. I am seeking a career in equity research, and I became passionate about equities through managing a stock portfolio of companies that I track closely.Analyst’ ...
lululemon's Fresh Styles, Soft Sales: Is Innovation Falling Short?
ZACKS· 2025-09-15 16:50
Core Insights - lululemon athletica inc. (LULU) reported Q2 fiscal 2025 earnings per share of $3.10, exceeding expectations, but revenues of $2.53 billion fell short due to weak U.S. performance, while international markets like China showed double-digit growth [1][10] Financial Performance - Comparable sales in the Americas declined, prompting management to lower fiscal 2025 revenue guidance to flat or slightly down in the U.S. [2] - The company has seen a revenue tripling over six years, but the recent slowdown indicates a more challenging environment for premium activewear [2] Product Innovation and Strategy - lululemon has relied heavily on product innovation to drive growth, with recent successful launches like Align No Line and Daydrift enhancing its reputation for high-performance design [3] - Core casual franchises such as Scuba and Softstreme have become less appealing, with customers showing diminished interest in seasonal updates [3] - New product additions, including Loungeful and Big Cozy, aim to increase newness penetration from 23% to 35% by spring 2026, indicating a focus on balancing core products with fresh designs [4] Execution Challenges - Concerns remain regarding the speed of execution and adaptability to consumer trends, with management acknowledging that product life cycles in lounge and social categories have become too predictable [5] - To address these issues, lululemon is fast-tracking design processes and leveraging AI for innovation [5] Competitive Landscape - Competitors like Ralph Lauren and NIKE are also focusing on innovation to capture consumer interest amid lululemon's slowing sales [6] - Ralph Lauren's strategy includes blending timeless style with innovation, while NIKE emphasizes performance-led franchises to drive growth [7][8] Stock Performance and Valuation - lululemon's shares have decreased by 58.2% year-to-date, compared to a 29.8% decline in the industry [9] - The company trades at a forward price-to-earnings ratio of 12.01X, which is higher than the industry's 11.19X [11] Earnings Estimates - The Zacks Consensus Estimate for lululemon's fiscal 2025 earnings suggests a year-over-year decline of 10.3%, while fiscal 2026 EPS is expected to grow by 2.1% [13]
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against V.F. Corporation (VFC)
Globenewswire· 2025-09-15 14:56
NEW YORK, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of Colorado on behalf of all persons or entities who purchased or otherwise acquired V.F. Corporation (“VFC” or the “Company”) (NYSE: VFC) securities between October 30, 2023 and May 20, 2025, inclusive (the “Class Period”). The Complaint alleges that Defendants provided overwhelmingly positive statements to investors whil ...
Johnson Fistel Announces Class Action Lawsuit Against V.F. Corporation (VFC) on Behalf of Investors
Globenewswire· 2025-09-15 14:06
SAN DIEGO, Sept. 15, 2025 (GLOBE NEWSWIRE) -- The Denver office of Johnson Fistel, PLLP announces that a class action lawsuit has commenced on behalf of investors of V.F. Corporation (NYSE: VFC). The lawsuit seeks to recover losses on behalf of investors who purchased the Company’s securities between October 30, 2023 and May 20, 2025, inclusive (the “Class Period”). What if I purchased VFC securities?If you purchased V.F. Corporation securities and suffered losses, you have until November 12, 2025 to seek a ...
Oxford Industries (OXM) Traded Lower Due to Tariff Challenges and Soft Consumer Spending
Yahoo Finance· 2025-09-15 13:55
Group 1: Market Overview - Small-cap stocks experienced volatility in Q2 2025, with the Russell 2000 Index rebounding 10% from its November 2024 record highs just 55 days after the "Liberation Day" decline [1] - The Russell 2000 returned 8.5% for the quarter, underperforming the Russell 1000 Index, which returned 11.1% [1] Group 2: Company Performance - Oxford Industries, Inc. - Oxford Industries, Inc. (NYSE:OXM) had a one-month return of 0.59% and its shares lost 45.85% of their value over the last 52 weeks, closing at $47.13 per share with a market capitalization of $700.69 million on September 12, 2025 [2] - In Q2 2025, Oxford Industries generated consolidated net sales of $403 million, down from $420 million in Q2 2024 [4] Group 3: Strategic Insights - Stock selection within the consumer discretionary sector for Oxford Industries reversed after a strong Q1 performance due to idiosyncratic headwinds, including increased tariff costs and softening consumer spending [3] - Management is focusing on accelerating its supply chain away from China, with an expected full exit by 2026, and is emphasizing brand innovation and core customer engagement, which leaves optimism for the company's future [3]
Lululemon Stock May Be Down 57% This Year, But Is It Out?
Yahoo Finance· 2025-09-15 12:55
Key Points Lululemon is currently in the race to win the crown for the worst stock of 2025 -- a title its shareholders would prefer it didn't have. The valuation is attractive, assuming the business isn't in the early stages of long-term decline. 10 stocks we like better than Lululemon Athletica Inc. › Slumping sales, plummeting margins, widening losses -- these are some of the tell-tale signs of a dying apparel business. So why do investors believe that Lululemon (NASDAQ: LULU) is a dying apparel ...
Superior Group of Companies Promotes Michael W. Koempel to President
Globenewswire· 2025-09-15 12:00
Core Viewpoint - Superior Group of Companies, Inc. has appointed Michael W. Koempel as President while he continues as Chief Financial Officer, reflecting the company's commitment to operational excellence and strategic growth [1][3]. Group 1: Leadership Changes - Michael W. Koempel has been appointed as President of Superior Group of Companies, effective immediately, while retaining his role as Chief Financial Officer [1]. - The three segment presidents will now report directly to Koempel in his new capacity [1]. Group 2: Leadership Experience - Koempel brings over 33 years of experience in financial, operational, governance, and strategic leadership, with a history of scaling high-growth apparel and retail brands [2]. - Prior to joining Superior Group, Koempel held significant leadership roles at IT'SUGAR®, Victoria's Secret Lingerie, and Mast Global [2]. Group 3: Company Strategy and Vision - The Chairman and CEO, Michael Benstock, emphasized Koempel's instrumental role in navigating challenges and strengthening the company's financial foundation over the past three years [3]. - Koempel expressed commitment to unlocking the potential of each business segment and driving growth, operational excellence, and shareholder value [3]. - Superior Group of Companies aims to enhance shareholder value through organic growth and strategic acquisitions across its three business segments: Healthcare Apparel, Branded Products, and Contact Centers [4].
Dickies Sold to Bluestar Alliance for $600 Million
Yahoo Finance· 2025-09-15 11:59
Company Overview - VF Corp. is selling its Dickies brand to Bluestar Alliance for $600 million in cash [1] - Dickies, founded over a century ago, has transitioned from a workwear brand to also include streetwear, and is distributed in 55 countries [2] Management Insights - Bluestar's CEO Joseph Gabbay expressed a commitment to supporting Dickies' growth by leveraging consumer insights and operational excellence [3] - VF's CEO Bracken Darrell highlighted Dickies as an iconic American brand with significant growth potential under Bluestar's ownership [3] Financial Context - VF Corp. is strategically reducing its portfolio to manage debt, particularly following the $2.4 billion acquisition of Supreme in 2020 and its subsequent sale for $1.5 billion [3] - In the first quarter ended June 28, VF reported sales of $1.8 billion, with The North Face and Timberland showing growth of 6% and 14% respectively, despite an adjusted operating loss of $56 million [4] Bluestar Alliance Profile - Bluestar has been expanding its portfolio, having acquired brands like Palm Angels and owning labels such as Off-White and Scotch & Soda [5] - Founded in 2006, Bluestar manages a portfolio of over 500 licensees globally [5]
VF Corp. to sell Dickies for $600M
Yahoo Finance· 2025-09-15 11:41
Core Insights - VF Corp. is divesting its less-performing brands, with Dickies being the latest to be sold as part of its ongoing turnaround strategy [3][4] - The company aims to reduce its debt and improve financial leverage through asset sales, as indicated by analysts [5][6] - The sale of Dickies to Bluestar Alliance for $600 million is expected to close by the end of the year, subject to regulatory approvals [8] Financial Performance - VF Corp. reported flat year-on-year revenue of $1.8 billion in its most recent quarter, exceeding its own expectations [6] - The company's strongest brands, Timberland and The North Face, continue to perform well [6] Strategic Moves - The divestiture aligns with CEO Bracken Darrell's focus on debt reduction and growth in core brands [5][6] - Bluestar Alliance, the buyer of Dickies, has been actively acquiring brands to expand its portfolio [7][8]