Margins balloon at Deckers as Hoka takes off
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$DECK surpassed $1,000 after its Q4 earnings report. Jim Cramer took a positive stance on Deckers Outdoor stock on Friday.
Lululemon Athletica Inc (NASDAQ:LULU) shares are trading higher Thursday. The stock appears to be bouncing back slightly after falling more than 7% on Wednesday after the company announced an updated operational structure following the resignation of its chief product officer.
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Wedbush analyst Tom Nikic reiterated a Neutral rating on VF Corp shares, lowering the price target from $15.5 to $13. Nikic's checks suggest continued business challenges, with Vans being a significant issue. The analyst cut FY24-26 EPS forecasts and noted declining e-commerce traffic for The North Face and Vans. The company's highly-levered balance sheet adds further pressure.