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Fly News Breaks for January 31, 2019
DECK, RL, SHOO
Jan 31, 2019 | 09:01 EDT
Telsey Advisory analyst Dana Telsey downgraded Steven Madden (SHOO) to Market Perform from Outperform and lowered her price target for the shares to $37 from $40. The analyst this morning also upgraded Ralph Lauren (RL) to Outperform from Market Perform. While Steven Madden has a lot to like, external factors, such as tariffs and a wholesale channel that has a "more muted tone" entering 2019 as compared to 2018, may weigh on the stock price, Telsey tells investors in a research note. The analyst's top pick in footwear remains Deckers Brands (DECK).
News For SHOO;RL;DECK From the Last 2 Days
RL
Mar 28, 2024 | 07:29 EDT
SharkNinja (SN) announced that Patraic Reagan has been named Chief Financial Officer, effective April 22...Reagan will oversee SharkNinja's financial strategies and lead the company's global finance organization, including financial planning and analysis, accounting, treasury, tax, internal audit, and investor relations. Larry Flynn, who served as Interim Chief Financial Officer since June 2023, will continue in his role as Chief Accounting Officer. Reagan joins SharkNinja with over two decades of relevant experience. Most recently, Mr. Reagan served as the Chief Financial Officer of Nike's (NKE) Asia, Pacific, and Latin America segment, where he helped drive consecutive years of strong revenue growth, and EBIT expansion that outpaced revenue while accelerating investment in key areas. Over his 13-year career with Nike, Mr. Reagan also served as the Global VP of Business Planning and was the CFO of Nike's Direct-to-Consumer business in EMEA. Prior to Nike, Mr. Reagan held financial positions of increasing responsibility at roles with with Coach (now Tapestry TPR), Polo Ralph Lauren Corporation, Kraft Foods and Chiquita Brands International. .