Foot Locker (FL) plans to spend the capital strategically with primary focus being on developing digital competencies and supply chain.
Gradual wage acceleration, a 17-year low unemployment rate and rising consumer sentiment are working in tandem for the sector.
Boston Beer (SAM) is banking on its three-point growth-plan to lift performance. This is likely to aid performance in fourth-quarter 2017.
Dillard's (DDS) appears in good shape on strategic initiatives that aided performance in the last reported quarter. We expect the company to beat expectations, when it reports fourth-quarter fiscal 2017 results on Feb 20.
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Skechers (SKX) gained from healthy performances at the international wholesale business, company-owned global retail business and domestic wholesale business.
After reporting in-line earnings in the preceding two quarters, Hanesbrands (HBI) succumbed to a negative earnings surprise in the fourth quarter of 2017.
Improved product offerings, strategic investments, growth in e-commerce and cost containment efforts worked collectively in favor of Central Garden & Pet (CENT).
Tapestry (TPR) has undertaken transformation initiatives revolving around product, stores and marketing.
Skechers' (SKX) greater emphasis on new line of products, cost containment efforts, inventory management and global distribution platform are likely to drive earnings in the fourth quarter.
Michael Kors Runway 2020 strategic plan, which focuses on product innovation, brand engagement and customer experience, is likely to drive top line.
Markets got off to a rough start on Monday morning, following a substantial Friday sell-off that led to losses for the Dow, S&P 500, and Nasdaq Composite. But today's slide slowly began to turn around on the back of substantial gains from a few industry giants.
Tapestry (TPR) undergoes brand transformation and introduces modern luxury concept stores in key markets.
Deckers is focused on expanding brand assortments, introducing more innovative line of products and optimizing omni-channel distribution.
Ross Stores (ROST) is in investors' good books, gaining traction from its commitment toward better price management, merchandise, cost containment and store expansion plan.
Certainly, a buoyant stock market, gradual wage acceleration, a 17-year low unemployment rate and modest inflation were enough to propel consumer spending.
The expression "retail apocalypse" appears to be a thing of past.
Deckers' focus on expanding brand assortments, bringing more innovative line of products, targeting consumers through marketing and optimizing omni-channel distribution also bode well.
Per the deal, Wal-Mart Stores (WMT) Rakuten and will work together to sell online groceries in Japan as well as eBooks and audiobooks in the United States.
Ralph Lauren's (RL) guidance clearly reflect the gains from recent positive movements in foreign currency rates. We expect the company to beat expectations when it reports third-quarter fiscal 2018 results on Feb 1.