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Online Sales Focus Boosts Adidas Profits
Adidas (ADDYY) reported that operating margin rose 1.4 percentage points to 14.9% percent in Q1. Under Chief Executive Kasper Rorsted ‘s leadership, the company is witnessing a significant rise in operating margin. Rorsted’s major focus was on expansion in North America and Asia via online sales,
“Below The Surface” – Vista Partners Daily Market Recap 5/1/2019
Despite starting the day with gains, U.S. equities couldn’t stay in positive territory and ended below the surface – even with the Fed’s announcement that they will not be hiking the interest rate which was widely expected. The Nasdaq closed out the session down 0.57%
Lululemon Stepping Soundly Into The Footwear Business
Recently, the CEO of Lululemon (LULU) Calvin McDonald shared with analysts that the company is planning to launch its own footwear line as a part of its five-year growth plan, upon successful collaboration with sneaker company Athletic Propulsion Labs, Los Angeles. The brand well known
Company News Around The Web
19 May 2019 | 3:55 pm
Nike says it is changing contracts to...
Nike NKE said is adding "written terms" to new contracts to ...
17 May 2019 | 8:05 pm
Here's What Nike Rival Under Armour Is...
Nike rival Under Armour received an analyst upgrade Friday ...
17 May 2019 | 7:31 pm
Under Armour jumps higher on JPMorgan upgrade
Under Armour got an upgraded rating from JP Morgan after spe...
17 May 2019 | 5:28 pm
Top retail analyst upgrades this athletic stock
The "Halftime Report" traders debate JPMorgan anal...
17 May 2019 | 2:05 pm
NetApp (NTAP) to Report Q4 Earnings: What's...
NetApp (NTAP) to gain from expanding product portfolio and i...
17 May 2019 | 1:23 pm
Foot Locker's stock jumps after analyst raises...
Shares of Foot Locker Inc. rallied 1.3% in premarket trade ...
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