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cheapbag214s
Posted: Tue 7:01, 27 Aug 2013
Post subject: Articles News-spun3
Articles News,
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One-hit wonders? Crocs (CROX -0.1%) and Deckers Outdoor (DECK -17.9%) give investors a painful lesson on how banking on a single product to drive growth in retail can end up in pain for the company,
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, no matter how trend-setting the item may be at the time. Analysts note Under Armour (UA -0.7%) successfully branched out from its original niche, while Crocs and Deckers Outdoor stayed largely tied to their trademark product. 52-week return: Crocs -22.1%, Deckers Outdoor -71.7%,
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Retailers want to edge into the holiday shopping season as early as possible this year with most forecasts calling for steady - but not spectacular - spending numbers,
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2 Comments
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The vibe flowing out of September sales reports from retailers is largely positive with big names such as Costo and Limited Brands showing brisk sales,
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, while teen seller Zumiez (ZUMZ) knocked it out of the park with 18.6% growth. Although back-to-school season numbers look to be beating expectations, the best gift for retail investors may be when Q3 reports roll in with companies showing improved margins as clearance sales were avoided and inventory controls clicked.
Under Armour (UA +0.1%) falls under the microscope of the professors who contribute scathing analysis at the Grumpy Old Accountants blog due to its booking of a $3.3M gain on a $63.8M acquisition of tangible and intangible assets that it claims came in under fair market value. Though the gain was socked away into the firm's SG expenses back in 2011,
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3 Comments
Friday, March 16, 2012, 11:29 AM
Under Armour (UA -1.8%), which has reflected in its lofty valuation,
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, and that "near-term headwinds" exist. The firm is also starting coverage on rival Nike (NKE +0.5%) with a Buy, on a belief its track record and growth potential justify a premium valuation.
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Under Armour (UA +1.6%) trades higher following an upgrade to Overweight from Morgan Stanley. The firm claims a recent survey suggests Under Armour's footwear efforts can succeed, and predicts "sales growth and operational improvements" will make 2013 a "banner year." In addition,
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