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FL

Foot Locker

$57.27

-1.09 (-1.87%)

, ADDYY

Adidas

$0.00

(0.00%)

11:05
01/22/19
01/22
11:05
01/22/19
11:05

Foot Locker, Adidas announce 'elevation' of strategic partnership

Adidas (ADDYY) and Foot Locker (FL) announced they are "elevating their strategic partnership to create a revolutionary initiative that re-envisions the future of creativity and speed." The go-to-market plan, powered by adidas SPEEDFACTORY USA and Germany, "empowers consumers to help drive footwear creation and trends," the companies stated. Beginning this month, adidas and Foot Locker will co-create consumer-inspired adidas Made For shoes across the country at various events and sport moments throughout the year. "We're working with Foot Locker to create incredible product for consumers and deliver it faster than ever before. With its cutting-edge technology, SPEEDFACTORY is enabling us to reach this shared ambition. We're excited to kick off this first-of-its-kind partnership with Foot Locker and co-create the future together," said Zion Armstrong, president of adidas North America. The limited-edition AM4ATL shoes and cleats will make their official debut on in the NFL game the week of Jan. 21 in Orlando, Fla. and will be available on Jan. 28 for $200 at adidas.com. The limited-edition AM4ATL running shoes will be available on Jan. 28 for $200 online at adidas.com, footlocker.com, champssports.com and eastbay.com, and in select Atlanta-area Foot Locker and Champs Sports stores, the companies announced.

FL

Foot Locker

$57.27

-1.09 (-1.87%)

ADDYY

Adidas

$0.00

(0.00%)

FL Foot Locker
$57.27

-1.09 (-1.87%)

01/08/19
SBSH
01/08/19
NO CHANGE
SBSH
Citi adds Home Bancshares, Crown to 'Value Creators' SMID Focus List
Citi analyst Scott Chronert added Home Bancshares (HOMB) and Crown Holdings (CCK) to his firm's "Value Creators" SMID Focus List while removing Popular (BPOP) and Foot Locker (FL).
01/09/19
BARD
01/09/19
UPGRADE
BARD
Outperform
Foot Locker upgraded to Outperform from Neutral at Baird
01/09/19
BARD
01/09/19
UPGRADE
Target $65
BARD
Outperform
Foot Locker upgraded to Outperform at Baird
As reported previously, Baird analyst Jonathan Komp upgraded Foot Locker (FL) to Outperform from Neutral citing its relative valuation and strong backward looking indicators providing reason for optimism. He also sees Foot Locker as a more attractive way to keep exposure to Nike (NKE). Komp raised his price target to $65 from $60 on Foot Locker shares.
01/09/19
01/09/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Nike (NKE) upgraded to Buy from Hold at HSBC. 2. Bank of America (BAC) upgraded to Buy from Hold at Edward Jones and to Buy from Neutral at UBS. 3. Wendy's (WEN) upgraded to Outperform from Perform at Oppenheimer with analyst Brian Bittner saying his work reveals an "intriguing setup" as Street's earnings and free cash flow estimates through 2020 have reset to levels that create an improved scenario for meets or beats, same-store sales appear to have drivers to accelerate into 2019 against conservative sell-side forecasts of sub-2% perpetually, new international strategy could unlock faster-than-expected long-term unit growth, and valuation at about 8% free cash flow yield implies very attractive upside/downside case against a highly stable financial model. 4. Akamai (AKAM) upgraded to Overweight from Sector Weight at KeyBanc with analyst Brandon Nispel saying his data tracker suggests upside to Q4 revenue, decreasing the risk to a Q1 and 2019 guide below expectations. 5. Foot Locker (FL) upgraded to Outperform from Neutral at Baird with analyst Jonathan Komp citing its relative valuation and strong backward looking indicators providing reason for optimism. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
ADDYY Adidas
$0.00

(0.00%)

08/23/18
STFL
08/23/18
NO CHANGE
Target $90
STFL
Buy
Nike brand styles 'popular' in retail checks for back-to-school, says Stifel
Stifel analyst Jim Duffy said his firm's annual back-to-school athletic footwear survey is showing Nike (NKE) brand styles referenced as the most popular choice in 67% of retail checks. While Nike's popularity was "stable" y/y, Duffy says his checks show breadth of strength across styles, a favorable mix to higher ASP styles, momentum from new offerings, and tight inventories with key channel partners. Further, the analyst says checks show a "lack of newness' from rival adidas (ADDYY) and lost momentum while Vans and other brand references increased. Ahead of Nike's Q1 earnings in September, Duffy maintains a Buy rating and $90 price target, adding that he has increased confidence in Nike's North America fundamentals and margins.
09/27/18
JEFF
09/27/18
NO CHANGE
JEFF
Under Armour promos down for six straight month, says Jefferies
Jefferies analyst Randal Konik says his firm's September webscrapes illustrate that Under Armour's (UAA) percentage of product on discount is down for the sixth month in a row, while Adidas's (ADDYY) is up seven months in a row. Visits to Finish Line (FINL), Foot Locker (FL), and Under Armour websites reveal the HOVR and Curry 5 are sold out in several sizes and colors, indicating growing brand awareness, Konik tells investors in a research note. He believes Under Armour's promos being down bode well for the company's Q3 results. Further, Nike (NKE) continues to regain share from Adidas in running across the U.S., with strength in Air VaporMax, Air Max 270, and Roshe One, the analyst adds.
10/22/18
PIPR
10/22/18
NO CHANGE
Target $23
PIPR
Overweight
Teen survey shows surprising share gains for Crocs, says Piper Jaffray
Piper Jaffray analyst Erinn Murphy says her firm's 36th semi-annual survey of 8,600 teens across 48 states shows that video games and food "remain multi-year share gainers within teen wallets." Beauty, while not as high as the spring survey, generally continues its uptrend, Murphy tells investors in a research note. She points out that the most notable brand gainers have been VF Corp.'s (VFC) Vans, Adidas (ADDYY), Lululemon (LULU) and "surprisingly" Crocs (CROX). Further, teens' favorite restaurant is Chick-Fil-A followed by Starbucks (SBUX), while Chipotle Mexican Grill (CMG) "gained share sequentially," says Murphy. The analyst remains bullish on VF, raised her price target for Crocs to $23 from $20, for Ulta Beauty (ULTA) to $286 from $270 and trimmed her price target for Estee Lauder (EL).
12/03/18
JEFF
12/03/18
NO CHANGE
JEFF
Under Armour discounts down for eighth straight month, says Jefferies
Jefferies analyst Randal Konik says his firm's November webscrapes illustrate that Under Armour's (UAA) percentage of product on discount is down for the eighth month in a row, while Adidas's (ADDYY) is up nine months in a row. Visits to Finish Line (FINL), Foot Locker (FL), and Under Armour websites reveal the HOVR, Project Rock, and Curry 5 are sold out in several sizes/colors, indicating growing brand momentum, Konik tells investors in a research note titled "SNEAKER WARS: Santa's Sleigh Won't Fly This Holiday, It Will HOVR." Further, Nike (NKE) continues its dominance over Adidas in running in the U.S., with strength in Air VaporMax and Air Max 270, says the analyst.

TODAY'S FREE FLY STORIES

TLRY

Tilray

$72.15

-0.38 (-0.52%)

18:23
03/18/19
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18:23
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Tilray reports Q4 average selling price per gram $7.52 vs. $7.13 last year »

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    Mar

NVDA

Nvidia

$168.91

-0.99 (-0.58%)

, MSFT

Microsoft

$117.60

1.7 (1.47%)

17:58
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Nvidia says real-time ray tracing integrated into Unreal, Unity engines »

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NVDA

Nvidia

$168.91

-0.99 (-0.58%)

MSFT

Microsoft

$117.60

1.7 (1.47%)

TCEHY

Tencent

$0.00

(0.00%)

KKR

KKR

$24.51

0.35 (1.45%)

DIS

Disney

$113.07

-1.89 (-1.64%)

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GOOG

Alphabet

$1,183.66

-1.6 (-0.13%)

, GOOGL

Alphabet Class A

$1,188.09

-3.69 (-0.31%)

17:53
03/18/19
03/18
17:53
03/18/19
17:53
Periodicals
Google expected to announce new cloud-based gaming console at GDC, CBS News says »

According to CBS…

GOOG

Alphabet

$1,183.66

-1.6 (-0.13%)

GOOGL

Alphabet Class A

$1,188.09

-3.69 (-0.31%)

MSFT

Microsoft

$117.60

1.7 (1.47%)

NTDOY

Nintendo

$0.00

(0.00%)

SNE

Sony

$46.10

-0.16 (-0.35%)

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GLD

SPDR Gold Shares

$123.04

0.07 (0.06%)

17:50
03/18/19
03/18
17:50
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17:50
Hot Stocks
SPDR Gold Shares holdings rise to 779.27MT from 771.04MT »

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FDC

First Data

$25.36

-0.285 (-1.11%)

17:40
03/18/19
03/18
17:40
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17:40
Hot Stocks
First Data VP Bala Janakiraman sells over 25K shares of company stock »

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  • 04

    Apr

VLKAY

Volkswagen

$0.00

(0.00%)

17:37
03/18/19
03/18
17:37
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17:37
Periodicals
Ex-UAW official charged in corruption investigation at Fiat Chrysler, WSJ says »

Norwood Jewell, the…

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VMI

Valmont

$136.23

2.79 (2.09%)

17:33
03/18/19
03/18
17:33
03/18/19
17:33
Hot Stocks
Valmont announces Nebraska site closure »

This past week, many…

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  • 24

    Apr

FLDM

Fluidigm

$13.78

0.12 (0.88%)

17:32
03/18/19
03/18
17:32
03/18/19
17:32
Syndicate
Breaking Syndicate news story on Fluidigm »

Fluidigm files automatic…

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FOX

21st Century Fox

$51.06

-0.64 (-1.24%)

, FOXA

21st Century Fox

$51.38

-0.57 (-1.10%)

17:26
03/18/19
03/18
17:26
03/18/19
17:26
Hot Stocks
Fox, Disney announces distribution adjustment multiple for acquisition »

Twenty-First Century Fox…

FOX

21st Century Fox

$51.06

-0.64 (-1.24%)

FOXA

21st Century Fox

$51.38

-0.57 (-1.10%)

DIS

Disney

$113.07

-1.89 (-1.64%)

03/08/13
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03/06/13
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  • 11

    Apr

XYF

X Financial

$6.23

0.715 (12.98%)

17:23
03/18/19
03/18
17:23
03/18/19
17:23
Earnings
X Financial reports Q4 EPS 24c, two estimates 24c »

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  • 19

    Mar

  • 20

    Mar

CADE

Cadence Bancorp

$20.24

0.51 (2.58%)

17:22
03/18/19
03/18
17:22
03/18/19
17:22
Hot Stocks
Cadence Bancorp President Samuel Tortorici buys almost $1M in company shares »

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  • 02

    May

CELP

Cypress Energy

$7.41

0.06 (0.82%)

17:22
03/18/19
03/18
17:22
03/18/19
17:22
Syndicate
Breaking Syndicate news story on Cypress Energy »

Cypress Energy files to…

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  • 18

    Mar

JWN

Nordstrom

$44.21

0.465 (1.06%)

17:21
03/18/19
03/18
17:21
03/18/19
17:21
Syndicate
Breaking Syndicate news story on Nordstrom »

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GD

General Dynamics

$171.73

2.13 (1.26%)

17:20
03/18/19
03/18
17:20
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Hot Stocks
General Dynamics awarded $2.04B Navy submarine material contract modification »

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  • 28

    May

FFIN

First Financial

$61.60

0.44 (0.72%)

, MBFI

MB Financial

$47.20

0.63 (1.35%)

17:19
03/18/19
03/18
17:19
03/18/19
17:19
Hot Stocks
S&P announces changes to S&P MidCap 400, S&P SmallCap 600 indices »

First Financial…

FFIN

First Financial

$61.60

0.44 (0.72%)

MBFI

MB Financial

$47.20

0.63 (1.35%)

FOE

Ferro

$18.88

0.125 (0.67%)

FITB

Fifth Third

$28.74

0.42 (1.48%)

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  • 18

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FOE

Ferro

$18.88

0.125 (0.67%)

, FFIN

First Financial

$61.60

0.44 (0.72%)

17:17
03/18/19
03/18
17:17
03/18/19
17:17
Hot Stocks
Breaking Hot Stocks news story on Ferro, First Financial »

Ferro to replace First…

FOE

Ferro

$18.88

0.125 (0.67%)

FFIN

First Financial

$61.60

0.44 (0.72%)

03/08/13
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  • 23

    Apr

FFIN

First Financial

$61.60

0.44 (0.72%)

, MBFI

MB Financial

$47.20

0.63 (1.35%)

17:17
03/18/19
03/18
17:17
03/18/19
17:17
Hot Stocks
First Financial to replace MB Financial in S&P 400 at open on 3/22 »

Fifth Third Bancorp…

FFIN

First Financial

$61.60

0.44 (0.72%)

MBFI

MB Financial

$47.20

0.63 (1.35%)

FITB

Fifth Third

$28.74

0.42 (1.48%)

03/08/13
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03/06/13
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03/06/13
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  • 18

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CUTR

Cutera

$18.00

-0.29 (-1.59%)

17:13
03/18/19
03/18
17:13
03/18/19
17:13
Hot Stocks
Cutera director Daniel Plants buys almost $1.5M in company shares »

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  • 28

    Mar

SMTX

SMTC Corp.

$4.41

-0.1 (-2.22%)

17:13
03/18/19
03/18
17:13
03/18/19
17:13
Syndicate
Breaking Syndicate news story on SMTC Corp. »

SMTC Corp. files $50M…

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  • 18

    Mar

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    May

SNE

Sony

$46.10

-0.16 (-0.35%)

, AAPL

Apple

$188.03

1.83 (0.98%)

17:09
03/18/19
03/18
17:09
03/18/19
17:09
Periodicals
PlayStation Vue now lets Apple TV users watch four channels at once, Verge says »

According to the…

SNE

Sony

$46.10

-0.16 (-0.35%)

AAPL

Apple

$188.03

1.83 (0.98%)

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VRRM

Verra Mobility

$10.89

0.15 (1.40%)

17:08
03/18/19
03/18
17:08
03/18/19
17:08
Earnings
Verra Mobility reports Q4 net ($38.0M) vs. ($29.2M) last year »

Reports Q4 revenue…

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  • 18

    Mar

EQH

AXA Equitable

$20.86

0.09 (0.43%)

17:06
03/18/19
03/18
17:06
03/18/19
17:06
Syndicate
AXA Equitable files to sell 40M shares of common stock for holders »

In connection with the…

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DIS

Disney

$113.07

-1.89 (-1.64%)

17:04
03/18/19
03/18
17:04
03/18/19
17:04
Hot Stocks
ESPN+ to become exclusive distributor of UFC Pay-Per-View events »

UFC and ESPN+ announced…

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  • 11

    Apr

STML

Stemline

$12.92

-0.71 (-5.21%)

17:02
03/18/19
03/18
17:02
03/18/19
17:02
Recommendations
Stemline analyst commentary at Piper Jaffray »

Stemline sees positive…

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REV

Revlon

$19.39

0.42 (2.21%)

17:02
03/18/19
03/18
17:02
03/18/19
17:02
Hot Stocks
Revlon down 15% after Q4 results miss estimates »

The company also…

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  • 18

    Mar

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