Stay updated with breaking news from Jay Sole. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
UBS downgraded Foot Locker (NYSE:FL) shares to sell from neutral, cutting its price target on the footwear retailer to $30 per share from $36 per share. The new target implies downside of 25% from Tuesday’s close. “Our conversations with investors ...
Analyst Jay Sole says interest rate increases will have a bigger effect than previously thought and industry priorities are in the wrong place.
Lululemon expects inventory growth to continue to moderate throughout 2023 as it maintains a full-price selling model.
Crocs’ sandal business had $310 million in sales in 2022, and the company is projecting $400 million this year.
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/tronc/NDTBOPM2X2OHMBZRECNK4WFRYE.jpg)
While many people got off their exercise bikes, cut back on DIY arts projects and resumed in-person meetings as a sense of normalcy returned to the world, they have kept their Crocs on.