Core Insights - Crocs, Inc. (CROX) is trading at a significant discount compared to the industry and broader market, with a forward 12-month P/E ratio of 7.50X versus the industry's average of 20.17X [1][3] Valuation - The low P/E ratio may attract value-oriented investors but also indicates caution due to potential slowing growth, post-pandemic normalization, or brand strength concerns [3][9] - Year-to-date, CROX shares have declined by 9%, while the Consumer Discretionary sector and S&P 500 have increased by 7.5% and 2.9%, respectively [3] Stock Price Performance - CROX closed at $98.64, approximately 34.7% below its 52-week high of $151.1, and trades below its 50- and 200-day moving averages, indicating continued downward momentum [5] Company Fundamentals - Despite challenges, Crocs shows strong fundamentals with solid consumer demand across its diverse brand portfolio, particularly in clogs and sandals [10][12] - The sandals segment, especially the Style Sandals lineup, has gained market share and is viewed as a key driver for attracting new consumers [11] Growth Potential - Crocs is focusing on innovation, global expansion, and direct-to-consumer strategies, positioning itself well for long-term growth [12] - The company experienced double-digit growth in global markets in Q1 2025, with China being a significant contributor [12] Challenges - The HEYDUDE brand has underperformed, with Q1 fiscal 2025 revenues falling nearly 10% year-over-year due to weak wholesale sales [13] - Rising SG&A expenses and potential tariffs on China-based sourcing may further pressure profitability [14]

Luxury retailer Coach has made a comeback after a strategic rebrand, successful celebrity partnerships and revamped designs.And it's drawing in younger shoppers. More than two-thirds of Coach's nearly 900,000 new customers in North America were Gen Zers and millennials in the last quarter, the brand said.  Coach President and CEO Todd Kahn said he and creative director Stuart Vevers focused on what they called the "timeless Gen Z client, " which "became the muse" for the company."When we started focusing ve ...

Crocs (CROX) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Company Participants Erinn Murphy - Senior VP of Investor Relations & Corporate StrategyAndrew Rees - CEO and DirectorSusan Healy - Executive VP & CFOAnna Andreeva - Senior managing director and senior research analystPeter McGoldrick - Equity Research AssociateLaura Champine - Director of ResearchRick Patel - Managing DirectorMichael Vu - VP - Equity ResearchTom Nikic - Managing Director, Equity Research Conference Call Participants Jonathan Komp ...

Crocs (CROX) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 note this event is being recorded. I would now like to turn the conference over to Aaron Murphy, Senior Vice President, Investor Relations and Strategy for Crocs. Please go ahead. Speaker1 Good morning and thank you for joining us to discuss Crocs Inc. First quarter results. With me today are Andrew Rees, Chief Executive Officer and Susan Healy, Chief Financial Officer. Following their prepared remarks, we will open the call for your quest ...

Tapestry (TPR) Q3 2025 Earnings Call May 08, 2025 08:00 AM ET Company Participants Christina Colone - Global Head of Investor RelationsJoanne Crevoiserat - CEOScott Roe - CFO & COOLorraine Hutchinson - Managing DirectorTodd Kahn - CEO & Brand President of CoachMichael Binetti - Senior Managing DirectorBrooke Roach - Vice President - Equity ResearchRick Patel - Managing DirectorDana Telsey - CEO and Chief Research Officer Conference Call Participants Ike Boruchow - Managing Director: Senior Analyst - Retaili ...

Tapestry (TPR) Q3 2025 Earnings Call May 08, 2025 08:00 AM ET Speaker0 Good day and welcome to this Tapestry Conference Call. Today's call is being recorded. At this time, for opening remarks and introductions, I would like to turn the call over to the Global Head of Investor Relations, Christina Colon. Speaker1 Good morning. Thank you for joining us. With me today to discuss our third quarter results, as well as our strategies and outlook are Joanne Kervoisarot, Tapestry's Chief Executive Officer and Scott ...

Core Insights - Tapestry, Inc. (TPR) is identified as a compelling value play in the Retail-Apparel and Shoes industry, trading at a forward price-to-earnings ratio of 12.08, which is lower than the industry average of 13.61 and the Retail-Wholesale sector average of 20.75, indicating potential for attractive investment opportunities [1][3] - The company has a Value Score of A, enhancing its appeal as an investment option [1] Financial Performance - Coach, a key brand under Tapestry, reported an 11% increase in revenues for Q2 of fiscal 2025, with a 270-basis-point improvement in gross margin [5] - Tapestry's stock has surged 47.6% over the past year, significantly outperforming the broader industry, which declined 14%, and the S&P 500, which fell 2.1% during the same period [9] - The company has upgraded its fiscal 2025 revenue forecast to exceed $6.85 billion, reflecting a 3% year-over-year increase, surpassing the previous estimate of $6.75 billion [13] - Projected earnings per share (EPS) have been raised to a range of $4.85 to $4.90, indicating a 13-14% increase over the prior year [14] International Growth - Tapestry's international markets are crucial for revenue growth, with Europe experiencing a 42% year-over-year revenue increase [8] - Greater China saw a 2% rise in sales, while the Asia-Pacific region (excluding China) reported an 11% revenue increase, driven by strong performances in South Korea, Malaysia, Australia, and New Zealand [10] Digital and DTC Strategy - The company is investing in digital and direct-to-consumer (DTC) platforms, with DTC sales up 4% and profit margins improving across all distribution channels [11] - Tapestry is leveraging AI-driven customer engagement tools to enhance pricing precision and reduce reliance on discounting, appealing to younger consumers [12] Analyst Sentiment - Analysts have positively revised Tapestry's earnings estimates, with the consensus estimate for the current fiscal year increased by 27 cents to $4.91 per share, indicating a year-over-year growth of 14.5% [15] - The Zacks Consensus Estimate for fiscal 2025 sales is pegged at $6.87 billion, implying a 3% year-over-year growth [16] Overall Outlook - Tapestry is positioned as a strong investment opportunity in the retail and fashion space, with brand strength, global reach, and operational momentum, all at a modest valuation compared to industry peers [20]

Core Insights - Tapestry, Inc. (TPR) has seen a significant stock price increase of 53.7% over the past six months, outperforming the Zacks Retail-Apparel and Shoes industry's decline of 14.6% [1] - The stock closed at $70.41, approaching its 52-week high of $90.85 reached on February 18, 2025 [2] - Tapestry's operational efficiency and growth initiatives have contributed to its strong performance compared to the broader Retail-Wholesale sector and the S&P 500 index [1] Performance Metrics - Tapestry's stock is trading above its 100-day and 200-day simple moving averages of $69.29 and $55.89, indicating a positive market sentiment [5] - Coach, a key brand for Tapestry, reported an 11% increase in revenues in Q2 of fiscal 2025, with a 270-basis-point improvement in gross margin [8] - Tapestry's international strategy has led to a 42% year-over-year revenue increase in Europe and a 2% growth in Greater China [11][12] Strategic Developments - Tapestry announced the sale of its Stuart Weitzman brand to Caleres for $105 million, focusing on its core brands, Coach and Kate Spade [9] - The company is enhancing its digital and direct-to-consumer strategies, with DTC sales rising 4% in Q2, driven by strong digital sales [13] - AI-powered customer engagement is improving pricing strategies and attracting younger consumers, solidifying Tapestry's market position [14] Financial Outlook - Tapestry has raised its full-year revenue forecast to exceed $6.85 billion, reflecting a 3% year-over-year increase [15] - The company expects a 100-basis-point improvement in operating margin and EPS forecasted between $4.85 and $4.90, indicating a 13-14% increase from the prior year [16] - Analysts have positively revised EPS estimates, with the current fiscal year consensus at $4.91 per share, reflecting a year-over-year growth of 14.5% [19] Valuation Insights - Tapestry's forward 12-month P/E ratio is 13.53, lower than the industry average of 15.40 and the sector's 22.38, indicating potential undervaluation [17] - The company's Value Score of A highlights its attractiveness as an investment option [17] - The Zacks Consensus Estimate for Tapestry's sales for the current and next fiscal years is projected at $6.87 billion and $7.11 billion, respectively, implying year-over-year growth of 3% and 3.4% [20]

特朗普撤销行政令，小额包裹免税暂时恢复。 美国总统特朗普宣布，暂时撤销 2 月 4 日生效的对来自中国的低货值商品免税待遇的禁令。根据白 宫新闻网站的公告，新的行政命令暂时允许对中国包裹实行关税豁免，直到 "商务部长通知总统， 已建立适当的系统来全面、迅速地处理关税收入"。目前，白宫还没有给出具体实施时间表。 过去几天，新政给美国海关、邮政和快递服务商带来了混乱，大量包裹在海关清关出现拥堵，一些 分拣中心因此瘫痪，Temu 、Shein 等平台不得不对一部分全托管商品涨价或下架。该消息公布 后，云途、燕文等服务商已宣布取消报关手续费与预收保证金。跨境电商平台有一段时间采取更多 措施，如鼓励更多商家转向半托管，降低政策影响。 软银集团即将完成对 OpenAI 的 400 亿美元投资。 据媒体报道，这笔 400 亿美元的投资即将敲定，将在未来一到两年内支付，第一笔付款最早将于今 年春季到位。OpenAI 投后估值将达到 3000 亿美元。去年完成 100 亿美元融资时，OpenIA 估值约 为 1570 亿美元。这轮投资后，软银也将取代微软，成为 OpenAI 最大的投资方。 据称，部分资金将用来支撑 "星际之门 ...