The Finish Line, Inc.
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A Couple of Interesting Pair Trades
By Bob Chandler - April 13, 2013 | Tickers: NKE, PCAR, SON, FINL
When the stock market looks especially volatile, a pairs trade is a strategy worth considering. The idea is to match a long position with a short position in two stocks that have a relevant correlation. I usually buy an undervalued stock and short an overvalued stock in the same industry or with the same general economic attributes.
This strategy also adds a market hedge, theoretically. For example, if stocks plunge more »
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A Couple of Interesting Pair Trades
By Bob Chandler - April 13, 2013 | Tickers: NKE, PCAR, SON, FINL
When the stock market looks especially volatile, a pairs trade is a strategy worth considering. The idea is to match a long position with a short position in two stocks that have a relevant correlation. I usually buy an undervalued stock and short an overvalued stock in the same industry or with the same general economic attributes.
This strategy also adds a market hedge, theoretically. For example, if stocks plunge more »
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Which Shoe Fits Your Portfolio the Best?
By Arturo Cuevas - April 2, 2013 | Tickers: DSW, FL, FINL
The business models pursued by shoe retailers Finish Line (NASDAQ: FINL), Foot Locker (NYSE: FL), and DSW (NYSE: DSW) provide good samplings of how marketing and sales have radically evolved in the footwear market. An understanding of how these listed companies are addressing the shoe retail market’s evolution should immensely help on whether to invest or not in their equities.
Segmenting the footwear market
Essentially, the respective business plans more »
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It's Time to Buy Nike!
By RyanGlosier - March 27, 2013 | Tickers: NKE, FINL, UA
On Thursday, March 21, global athletic apparel retailer Nike (NYSE: NKE) released its fiscal third-quarter earnings results after the closing bell. On Friday, the stock subsequently soared as investors reacted to the report, with shares closing up around 11%, just below a new all-time high. Nike has now climbed better than 15% in 2013, and around 11% over the last year.
Strong Third-Quarter Results Could Trigger Breakout
The big move more »
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Finish Line Looks to Rebound With Full-Year Results
By julianwillis - March 19, 2013 | Tickers: FL, HIBB, NKE, FINL
With The Finish Line's (NASDAQ: FINL) fourth quarter and full-year earnings release approaching on Mar. 28, shareholders will soon know if the mall-based specialty retailer will recover from a difficult third quarter. The company last reported earnings on Jan. 4 and missed guidance, admitting that a new e-commerce site, rolled out in November 2012, added to the company's autumn and early winter woes. Of course, Wall Street punished more »
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Warming Up To Foot Locker
By Erik Dellith - March 18, 2013 | Tickers: FL, FINL
Investors recently fled Foot Locker (NYSE: FL). But investing is a distance race, not a sprint, and current valuations are an attractive entry point for longer-term investors.
Foot Locker recently caught my attention when I went looking for consumer-oriented stocks that should fare relatively well from an improving labor market. The company recently released earnings that met expectations, but only because of an additional week in the period. Absent that more »
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Is This Sporting Goods Retailer a Buy After an 11% Daily Drop?
By Anh HOANG - March 15, 2013 | Tickers: DKS, FL, FINL
Dick’s Sporting Goods (NYSE: DKS) has recently experienced a significant drop of nearly 11% in one trading day, because the company’s earnings results missed analysts’ expectations. The fourth quarter earnings came in at $1.03 per share, lower than Wall Street’s estimate of $1.06 per share. At the current price of more than $45 per share, it is trading around its 52-week low. Is a recent more »
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As Foot Locker Falls, Are Shares Still Too Expensive?
By RJ Towner - March 14, 2013 | Tickers: FL, NKE, FINL
Athletic footwear retailer Foot Locker (NYSE: FL) announced fantastic fourth quarter results last Friday morning, finishing off a tepid 2012. Revenue jumped 14% year-over-year to $1.7 billion thanks to an extra selling week, which was slightly better than consensus estimates. Earnings per share, adjusted for one-time impairment charges, jumped 33% year-over-year to $0.73 per share, slightly above consensus estimates. This did, however, include a $0.09 benefit from more »
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Can Foot Locker Regain its Footing?
By Leo Sun - March 12, 2013 | Tickers: FL, LULU, NKE, FINL, UA
Foot Locker (NYSE: FL) and its associated stores are a common sight at American malls. The company, which is often the first stop for U.S. shoppers looking for athletic footwear and apparel, survived the recession and emerged far stronger than before - posting three straight years of consecutive earnings growth.
Yet the stock recently plunged over 7% after it reported fourth quarter earnings that didn’t quite satisfy Wall Street more »
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Expect Growth From This Retailer
By Gail P. - March 6, 2013 | Tickers: CROX, FL, FINL
Foot Locker is getting ready to release their fourth quarter earnings on Friday and I took a look at what we might expect. Analysts are expecting quarterly and annual earnings of $0.72 and $2.56 per share respectively. I believe that estimate is too low. Here’s my thinking:
Overall Efficiency:
Over the past several years, Foot Locker (NYSE: FL) has become a much more efficient company. For example more »
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This Leading Shoe Retailer Has Good Years Ahead
By Matthew Frankel - February 15, 2013 | Tickers: FL, NKE, SCVL, FINL
Foot Locker (NYSE: FL) wants to become the world’s leader in athletic shoes and apparel, and currently has about 3,400 stores in 23 countries. Since hitting a low of $3.65 per share in 2009, when everything in the retail sector was being treated like it was about to go bankrupt, the stock has rebounded tremendously to the $35 or so that it trades for currently. Although I more »
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Is There Hope Left For This Company?
By Himanshu Poddar - January 16, 2013 | Tickers: FL, NKE, FINL
The Fiscal Cliff was a large matter of concern during the holiday season, forcing consumers to become more calculative about their spending. As a result, retailers found it difficult to stir demand, leading to poor sales. However, there were some footwear retailers such as Nike (NYSE: NKE) who managed to swim against the currents and register stellar quarterly numbers. The American market proved to be an amazing one for Nike more »
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Can This Athletic Retailer Pull Off an Upset?
By RJ Towner - January 7, 2013 | Tickers: FL, M, NKE, FINL
Let's dig into Finish Line's disappointing results.
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Retail Ends the Week with Highs and Lows
By Mary Posey - January 4, 2013 | Tickers: LULU, ZQK, TGT, FINL, UA, URBN, WAG
Results were mixed for retailers at the end of the week. Quiksilver, Inc (NYSE: ZQK), Urban Outfitters Inc (NASDAQ: URBN), Under Armour Inc (NYSE: UA), and Target Corporation (NYSE: TGT) all ended the week with ratings upgrades from analysts. However, not all retailers were so lucky. Lululemon Athletica Inc (NASDAQ: LULU), Finish Line Inc (NASDAQ: FINL), and Walgreen Company (NYSE: WAG) all ended the week on a sour note with more »
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Karen Finerman's Insider Stock Purchases During Fall 2012
By John Macris - January 2, 2013 | Tickers: ARO, FL, LVS, LF, FINL
Readers may recognize Karen Finerman’s name from her frequent appearances on financial television. Ms. Finerman is a permanent member of CNBC’s Fast Money financial talk show, held Monday through Thursday at 5 p.m. ET.
Finerman graduated from the University of Pennsylvania’s Wharton School and co-founded Metropolitan Capital Advisors in summer 1992. She currently serves as CEO and co-manages nearly $100 million in assets within her hedge more » -
Earnings Preview for January 3-4, 2013
By John Macris - January 2, 2013 | Tickers: FDO, SONC, FINL, MOS
I’d like to open this piece by wishing readers a healthy and prosperous New Year.
Despite a holiday-shortened week, with the markets closed on January 1, there are multiple earnings reports on Thursday, January 3, and Friday, January 4. Here are the companies I’ll be following in coming days and my expectations for each.
Family Dollar Stores (NYSE: FDO) This discount retailer of household goods will report first more » -
Nike Reports Second Quarter Results; Shares Split
By RJ Towner - December 28, 2012 | Tickers: DKS, FL, NKE, FINL
Late last week, athletic footwear and apparel heavyweight Nike (NYSE: NKE) reported strong second-quarter results. Revenue of $6 billion was 7% higher than a year ago, and it was also slightly better than consensus expectations. Earnings were also better than expected, growing 11% year-over-year to $1.14 per share, aided immensely by a large share buyback. We plan to adjust our report and fair value estimate on Nike to account more »
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The Finish Line Looks a Lot Closer Now
By Eric Novinson - November 29, 2012 | Tickers: GCO, M, NKE, FINL
Shoe seller Finish Line (NASDAQ: FINL) struggled a few years back, but good traffic on Black Friday suggests that this retailer's turnaround could be underway. Canaccord Genuity, at Forbes, reported that Finish Line was a strong shoe seller on Black Friday. Finish Line also made some recent moves that could help drive its long term growth, including deals with both department store Macy's (NYSE: M) and shoe maker more »
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Three Reasons to Buy This Undisputed Heavyweight
By Andrés Cardenal - November 23, 2012 | Tickers: ADDYY, FL, ICON, NKE, FINL
Shares of Nike (NYSE: NKE) have lagged the markets in the last year, with an accumulated return below 4.5% for the last twelve months versus more than 17% for the S&P 500 index in the same period. The company is facing some challenges like rising inventory costs and slowing growth in China, but Nike is still a high quality business with rock solid competitive advantages and strong fundamentals more »
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A Fantastic Footwear Company for Your Portfolio
By Himanshu Poddar - November 21, 2012 | Tickers: FL, NKE, FINL
Foot Locker (NYSE: FL), the global retailer of athletic shoes and apparel, is becoming more and more interesting with each passing day. Its extraordinary strategic moves seem to take it to new highs. The footwear retailer recently posted its third quarter results, which rocked the Streets and overwhelmed its investors.
The Strategic Moves…
New product launches, more variety in colors, and new store openings drove revenue 9% higher to $1 more »
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