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Fly News Breaks for January 19, 2018
HBI, COLM
Jan 19, 2018 | 06:44 EDT
DA Davidson analyst Andrew Burns previews Q4 earnings for Apparel & Footwear, suggesting that consensus estimates may be attainable and possibly beatable. The analyst notes that last year's underperformance sets up easy comps, while better than expected holiday season and cold winter weather will allow companies to exceed expectations. Burns prefers Columbia Sportswear (COLM) and Hanesbrands (HBI) in the space, keeping a Buy rating on both companies.
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