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Skechers U.S.A., Inc. Investors: Company Investigated by the Portnoy Law Firm
GlobeNewswire News Room· 2025-07-25 21:21
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, July 25, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Skechers U.S.A., Inc. (“Skechers” or “the Company”) (NYSE: SKX) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Skechers investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to contact attorn ...
Why Deckers Outdoor Stock Jumped Today
The Motley Fool· 2025-07-25 17:48
Core Viewpoint - Deckers Outdoor exceeded expectations in its Q1 report, alleviating investor concerns about growth despite earlier stock declines due to tariff fears and weakening consumer sentiment [1][2]. Financial Performance - Revenue grew 17% to $964.5 million, surpassing the consensus estimate of $900.4 million [4]. - Hoka revenue increased by 19.8% to $653.1 million, while UGG sales rose 18.9% to $265.1 million [5]. - Wholesale revenue surged 26.7% to $652.4 million, and international sales jumped 49.7% to $463.3 million, driven by strong performance in China [6]. - Gross margin decreased from 56.9% to 55.8%, but operating income rose from $132.8 million to $165.3 million, with EPS increasing from $0.75 to $0.93, exceeding estimates of $0.68 [7]. Future Outlook - The company anticipates a $185 million increase in costs due to new tariffs, which could impact revenue by nearly 4% [8]. - For Q2, revenue is expected to be between $1.38 billion and $1.42 billion, reflecting a 7% increase at the midpoint, with EPS projected between $1.50 and $1.55 [9].
Daily stock watch: Intel keeps falling premarket
Business Insider· 2025-07-25 11:03
Group 1: Intel - Intel's stock fell more than 8% to $20.76 per share after a 3.5% decline on Thursday due to the announcement of a plan to cut 25,000 staff and scrap European projects as part of a turnaround strategy [2] Group 2: AEye - AEye's stock rose about 18% to $3.44 per share following a significant 160% surge on Thursday, attributed to the integration of its Apollo lidar units into Nvidia's Drive AGX platform, with second-quarter results expected next week [3] Group 3: Deckers Outdoor - Deckers Outdoor's stock increased over 12% to $118.19 per share after reporting better-than-expected second-quarter results, with earnings per share 44% higher than analysts' estimates [4][8] Group 4: UnitedHealth - UnitedHealth's stock decreased about 0.6% to $277.03 per share after a nearly 5% decline, following confirmation of a Department of Justice investigation into its Medicare billing practices, with potential Medicare fraud allegations reported [9] Group 5: AST SpaceMobile - AST SpaceMobile's stock dropped over 8% to $54.99 per share after a 2% gain on Thursday, following the announcement of a proposed private offering of $500 million in convertible senior notes [10]
Markets, Data, Earnings All Mixed
ZACKS· 2025-07-25 00:11
Market Overview - The market opened mixed, with the Dow dropping -316 points (-0.70%) after a +500-point gain the previous day, while the S&P 500 and Nasdaq saw modest increases of +0.07% and +0.18% respectively [1] - The small-cap Russell 2000 index fell -1.3% [1] Services & Manufacturing PMI - The S&P Services PMI for July was reported at 55.2, exceeding expectations of 53.2 and the previous month's 52.9, marking the highest level in 2025 [2] - In contrast, the S&P Manufacturing PMI fell to 49.5, below the anticipated 52.7 and the previous month's 52.9, indicating a decline in new orders for the first time this year [3] Earnings Results - Intel reported Q2 earnings with a loss of -$0.10 per share, missing the expected +$0.01, while revenues were $12.9 billion, surpassing the consensus of $11.87 billion [4] - Intel's guidance for Q3 includes revenue expectations of $12.6-13.6 billion but forecasts earnings of $0.00 per share, down from the expected 2 cents, and announced a further -15% workforce reduction [5] - Deckers Outdoor exceeded earnings expectations with 93 cents per share against estimates of 68 cents, and revenues of $965 million, a +17% increase year-over-year [6] - Despite a +20% surge in shares post-announcement, Deckers' stock is still down approximately -40% year-to-date [7] Upcoming Economic Indicators - Durable Goods Orders for June are anticipated to show a negative swing, with estimates at -11%, following erratic behavior influenced by tariff policies [8] - Q2 earnings reports are expected from Phillips 66 and AutoNation, with major companies like Microsoft, Apple, and Amazon set to report next week [9][10]
Deckers(DECK) - 2026 Q1 - Earnings Call Transcript
2025-07-24 21:30
Deckers Outdoor (DECK) Q1 2026 Earnings Call July 24, 2025 04:30 PM ET Speaker0Good afternoon and thank you for standing by. Welcome to the Deckers Brands First Quarter Fiscal twenty twenty six Earnings Conference Call. At this time, all participants are in a listen only mode. Following the presentation, we will conduct a question and answer session. Instructions will be provided at that time for you to queue up for questions.I would like to remind everyone that this conference call is being recorded. I'll ...
Bull Signal Flashing For Struggling Footwear Name
Forbes· 2025-07-24 18:55
Core Viewpoint - On Holding (ONON) is experiencing volatility, currently trading at $49.94, down 3.2% in the afternoon, with an 8.5% year-to-date deficit, but historical patterns suggest potential for recovery [1] Group 1: Stock Performance - Since mid-June, ONON has faced resistance at $55, limiting breakout attempts and contributing to its year-to-date underperformance [1] - Historical data indicates that after similar market conditions, ONON has increased in value 75% of the time, averaging a 10.6% gain one month later [2] Group 2: Technical Indicators - ONON is currently within one standard deviation of the 80-day moving average, having spent 80% of the past two months above this average [2] - The stock's recent trading behavior suggests a potential upward movement if the historical trend continues [2] Group 3: Market Sentiment - Options traders exhibit extreme bearish sentiment, with a put/call open interest ratio of 1.66, placing it in the 99th percentile of the past year [4] - A reversal of this bearish sentiment could provide additional support for ONON's stock price [4]
Crocs, Inc. Announces STEP UP TO GREATNESS to Help Young People Build Skills
Prnewswire· 2025-07-24 13:00
Core Perspective - Crocs, Inc. has launched a community impact platform called STEP UP TO GREATNESS aimed at positively impacting over 3 million youth globally by equipping them with essential skills and opportunities [1][2] Group 1: STEP UP TO GREATNESS Initiative - The STEP UP TO GREATNESS platform focuses on helping young people gain skills, build confidence, and access opportunities to reach their potential [1][2] - Crocs, Inc. has committed to a multi-year partnership with UNICEF's UPSHIFT program, which aims to equip youth with 21st-century skills through innovation and entrepreneurship [1][3] Group 2: Partnership with UNICEF - UNICEF's UPSHIFT program has graduated 5.2 million participants over the last decade, collectively completing 145 million learning hours across 56 countries [4] - The partnership with Crocs, Inc. is expected to scale the impact of UPSHIFT, focusing on unlocking youth potential and fostering problem-solving skills [4] Group 3: Company Mission and Values - Crocs, Inc. aims to create a more comfortable world for all, which includes supporting communities through initiatives like STEP UP TO GREATNESS [4] - The company emphasizes the importance of creativity, communication, innovation, collaboration, and adaptability as fundamental skills for the future [3]
年轻人正在用丑鞋踹翻全世界
Hu Xiu· 2025-07-23 02:33
Core Viewpoint - The article discusses the rise of "ugly shoes" as a fashion trend among young people, highlighting a shift from traditional stylish footwear to more comfortable and unconventional designs that prioritize comfort over aesthetics [1][3][4]. Group 1: Fashion Trends - 2024 is declared the year of ugly shoes, with a trend towards wearing increasingly unconventional and unattractive footwear as a statement of individuality [3][4]. - Popular styles include clogs, Ugg boots, and chef shoes, which are now embraced by a wide demographic, from celebrities to everyday workers [3][4]. - The trend reflects a broader cultural shift away from consumerism and traditional fashion norms, with young people opting for comfort and practicality [4][45]. Group 2: Specific Shoe Styles - New versions of ugly shoes are emerging, with designs that intentionally emphasize unattractiveness, such as ballet flats inspired by old-fashioned shoes and five-toe shoes [6][22]. - The popularity of mesh shoes and jelly sandals has surged, with prices reaching up to $950 for designer versions, indicating a willingness to pay for unique and comfortable designs [10][12][24]. - Brands like KEEN have gained traction among young consumers, with their outdoor shoes being worn in urban settings, showcasing a blend of functionality and style [50][58]. Group 3: Cultural Implications - The shift towards ugly shoes signifies a rebellion against traditional beauty standards and societal expectations, particularly regarding women's fashion [71][75]. - High heels are increasingly viewed as outdated and impractical, with many young women opting for comfortable alternatives that reflect a more relaxed and authentic lifestyle [81][89]. - The article suggests that this trend is not just about footwear but represents a broader cultural movement towards comfort, individuality, and a rejection of past fashion norms [89][90].
Wolverine (WWW) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-07-22 13:51
Group 1: Momentum Investing Overview - Momentum investing contrasts with the traditional strategy of "buy low and sell high," focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] - Identifying the right entry point for trending stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] Group 2: Investment Strategy - A safer investment approach involves targeting bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify promising candidates [2] - Wolverine World Wide (WWW) has been highlighted as a strong candidate, showing a price increase of 20.4% over the past four weeks [3] Group 3: Performance Metrics - WWW has demonstrated significant long-term momentum, with a price increase of 60.9% over the past 12 weeks and a beta of 1.7, indicating it moves 70% more than the market [4] - The stock has a Momentum Score of B, suggesting it is an opportune time to invest [5] Group 4: Earnings and Valuation - An upward trend in earnings estimate revisions has contributed to WWW's Zacks Rank 2 (Buy), indicating strong investor interest as analysts raise earnings estimates [6] - Despite its momentum, WWW is trading at a reasonable valuation with a Price-to-Sales ratio of 0.95, meaning investors pay 95 cents for each dollar of sales [6] Group 5: Additional Opportunities - Besides WWW, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [7] - The Zacks Premium Screens offer over 45 strategies tailored to help investors find winning stock picks [8]
Gear Up for Deckers (DECK) Q1 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2025-07-21 14:21
Core Viewpoint - Analysts forecast a quarterly earnings per share (EPS) of $0.68 for Deckers, indicating a year-over-year decline of 9.3%, while revenues are expected to reach $899.11 million, reflecting an increase of 8.9% compared to the previous year [1]. Earnings Projections - The consensus EPS estimate has been revised downward by 0.7% in the last 30 days, indicating a reassessment by covering analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts estimate 'Net sales by brand and channel- HOKA brand wholesale- Total' at $610.77 million, representing a 12% increase year-over-year [5]. - 'Net sales by brand and channel- UGG brand wholesale- Total' is projected to reach $236.92 million, indicating a 6.2% year-over-year change [5]. - 'Net sales by brand and channel- HOKA brand wholesale- Direct-to-Consumer' is expected to be $225.11 million, reflecting a 6% increase from the previous year [6]. - 'Net sales by brand and channel- Other brands wholesale- Total' is projected to surge to $51.48 million, indicating a significant year-over-year change of 1187.1% [6]. - 'Net sales by brand and channel- UGG brand wholesale- Wholesale' is estimated at $152.66 million, showing a 7.1% increase from the prior year [7]. - 'Net sales by brand and channel- HOKA brand wholesale- Wholesale' is expected to reach $384.48 million, reflecting a 15.6% increase year-over-year [7]. - 'Net sales by brand and channel- UGG brand wholesale- Direct-to-Consumer' is projected at $84.80 million, indicating a 5.5% increase from the previous year [8]. - 'Net sales by location- International' is expected to be $349.04 million, reflecting a 12.8% year-over-year change [8]. - 'Net sales by location- Domestic' is projected to reach $551.15 million, indicating a 6.8% increase from the prior year [9]. Stock Performance - Over the past month, Deckers shares have recorded a return of 0.2%, compared to a 5.4% change in the Zacks S&P 500 composite [9]. - Based on its Zacks Rank 4 (Sell), Deckers is expected to underperform the overall market in the upcoming period [9].