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Franklin Street Advisors Exits $22.8 Million Lululemon Stake As Apparel Stock Slides
The Motley Fool· 2025-10-09 17:57
On Thursday, Franklin Street Advisors disclosed that it sold out its entire position in Lululemon Athletica during the third quarter in an estimated $22.8 million transaction.What HappenedFranklin Street Advisors reported in a Securities and Exchange Commission filing released on Thursday that it exited its entire stake in Lululemon Athletica (LULU -0.64%) during the third quarter. The fund sold all 95,891 shares, resulting in an estimated transaction value of $22.8 million for the period ended September 30 ...
Gap Inc. Debuts Cross-Brand Content Creator and Social Media Advocacy Program
Prnewswire· 2025-10-08 13:00
Unlike transactional affiliate programs, Gap Inc.'s new social media advocacy platform is a centralized hub for creators to engage deeply across Old Navy, Gap, Banana Republic, and Athleta. Modeled to create community, it will offer early access to new releases, product seeding, and exclusive promos, as well as content collaboration opportunities and the ability for creators and their content to be amplified across paid, social, and brand-owned channels. To stay connected, the program will also include new ...
Nike CEO: 'Sport offense' will help make us more competitive
Youtube· 2025-10-06 15:30
So there's the internal culture, but there's also the the society, the the cultural relevance of Nike, which also feels like it's been lacking in the last few years. How do you restore something like that. Yeah, I think so.First of all, I what I what we did do and and the fifth component of the win now actions is this ground game. That's means that we have teams and uh teammates down into the key cities around the world where influence happens whether it is culture or sport and we lost those that the people ...
4 Best Retail Apparel & Shoe Stocks You Should Buy Now
ZACKS· 2025-10-03 14:35
Industry Overview - The Retail - Apparel and Shoes industry shows resilience amid macroeconomic challenges, driven by evolving consumer preferences and strong brand adaptability [1] - Key factors influencing the industry include fashion trends, consumer spending habits, economic dynamics, and seasonal variations [3] - The industry faces opportunities and challenges, requiring continuous product innovation and effective marketing while contending with fierce competition and price sensitivity [3] Key Trends - Consumer spending remains strong, with U.S. retail sales increasing by 0.6% in August, and clothing store sales rising by 1% month-over-month [4] - The Federal Reserve's interest rate cuts have lowered borrowing costs, enhancing consumer flexibility for discretionary spending [4] - Retailers are expected to see increased demand during the holiday season, creating opportunities for stronger sales and revenue growth [4] Company Highlights - Deckers Outdoor Corporation, Boot Barn Holdings, Zumiez Inc., and Genesco Inc. are identified as attractive investment opportunities due to their disciplined execution and digital strength [2] - Genesco is experiencing growth driven by a refreshed product mix and strategic investments, with a projected sales growth of 3.7% and EPS growth of 71.3% [17][18] - Zumiez shows resilience with consistent comparable sales growth and a projected sales growth of 3.4% and EPS growth of 566.7% [21][22] - Boot Barn is expanding its store base and leveraging AI-powered retail innovation, with projected sales growth of 13.3% and EPS growth of 12.2% [25][26] - Deckers is performing well with its brands HOKA and UGG, projecting a sales growth of 9% [29][31] Financial Performance - The Zacks Retail - Apparel and Shoes industry ranks 80, placing it in the top 33% of over 250 Zacks industries, indicating positive near-term prospects [8][9] - The industry has underperformed the broader Zacks Retail-Wholesale sector and the S&P 500 over the past year, declining by 2.9% compared to the S&P 500's growth of 18.9% [11] - The industry is currently trading at a forward P/E of 17.9X, lower than the S&P 500's 23.36X and the sector's 24.82X [14]
O’Reilly Automotive's Q3 2025 Earnings: What to Expect
Yahoo Finance· 2025-10-03 12:51
O’Reilly Automotive, Inc. (ORLY), headquartered in Springfield, Missouri, is a prominent player in the auto parts retail industry, offering a comprehensive range of aftermarket car parts, accessories, and service solutions. With a market capitalization of $89.7 billion and over 6,400 stores operating in the U.S., Puerto Rico, Mexico, and Canada, the company services professional installers and consumers alike through a strong distribution model and an emphasis on recycling and diagnostic services. O’Reill ...
Does Boot Barn Holdings (BOOT) Have a Long Runway to Grow?
Yahoo Finance· 2025-10-03 12:33
ClearBridge Investments, an investment management company, released its “ClearBridge Small Cap Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Equity markets made an exceptional recovery from steep declines in April with solid performances in May and June. The strategy modestly underperformed the Russell 2000 Growth Index in the quarter, as the market rally was driven by lower market capitalization, lower-quality non-earners, and a retail volume surge favor ...
Big 5 Sporting Goods Corporation Completes Merger With a Partnership Comprised of Worldwide Golf and Capitol Hill Group
Globenewswire· 2025-10-02 21:28
Core Viewpoint - Big 5 Sporting Goods Corporation has successfully completed its merger with a partnership of Worldwide Golf and Capitol Hill Group, becoming a wholly owned subsidiary of the partnership, which is expected to enhance its growth and competitive position in the sporting goods retail sector [1][3][4] Summary by Sections Merger Details - Big 5 stockholders will receive $1.45 per share in cash, representing a premium of approximately 36% over the 60-day volume weighted average trading price prior to the announcement [2] - The merger has been finalized after meeting customary closing conditions, including stockholder approval [1] Company Background - Big 5 operates 410 stores in the western United States, offering a full-line product range in a traditional sporting goods store format averaging 12,000 square feet [6] - The product mix includes athletic shoes, apparel, accessories, and a wide selection of outdoor and athletic equipment [6] Strategic Implications - The merger combines Capitol Hill Group's financial resources with Worldwide Golf's retail expertise, providing Big 5 with long-term capital and strategic support to drive growth [3] - The CEO of Worldwide Golf expressed confidence in enhancing the enjoyment of sports for customers and unlocking future growth opportunities for Big 5 [4] Market Position - Worldwide Golf is a leading golf retailer with over 95 stores across 25 states and a strong e-commerce presence, indicating a robust market position [7] - Capitol Hill Group is a private investment firm with diverse holdings, including retail, which will support Big 5's operations [8][9]
Needham Downgrades Lululemon Athletica Inc. (LULU) to Hold
Yahoo Finance· 2025-10-02 00:16
Lululemon Athletica Inc. (NASDAQ:LULU) is one of the 12 Best Widow and Orphan Stocks to Buy According to Analysts. Needham Downgrades Lululemon Athletica Inc. (LULU) to Hold Copyright: halfpoint / 123RF Stock Photo On September 25, Needham downgraded Lululemon Athletica Inc. (NASDAQ:LULU) to Hold, warning that growing challenges were offsetting its strong brand and 59.1% gross margins. After remaining unchanged in Q4 2024, North American comparable sales dropped 1% and 3% in the first two quarters of 20 ...
DSW And Uber Eats (UBER) Collaborate On Shoe Delivery Across The US
Yahoo Finance· 2025-10-01 18:21
Uber Technologies, Inc. (NYSE:UBER) is one of the best smart city stocks. On September 17, a new partnership took place between Uber and Designer Brands Inc. (NYSE:DBI). DSW And Uber Eats (UBER) Collaborate On Shoe Delivery Across The US Photo by Zhuo Cheng you on Unsplash Through Uber Eats, customers can order DSW footwear, accessories, and seasonal items for either on-demand or planned delivery. The offering includes popular brands such as Steve Madden, Adidas, Blundstone, and Goodr for all age groups ...
Apple Developing ‘Veritas’ Internal AI Chatbot to Test Revamped Siri, Underlying LLM System
Yahoo Finance· 2025-10-01 06:16
Apple Inc. (NASDAQ:AAPL) is one of the best NASDAQ stocks to buy according to hedge funds. On September 26, Bloomberg reported that Apple has developed an internal, ChatGPT-like iPhone application code-named Veritas (Latin for truth) to test and prepare for a long-anticipated, high-stakes overhaul of its voice assistant, Siri. The existence of this internal tool marks a new phase in Apple’s AI preparations, as the new Siri is now slated to debut as early as March of the upcoming year, after multiple delays ...