NEW YORK, April 20, 2017 /PRNewswire/ --
Leaders in the Textile Apparel Footwear and Accessories industry include large, diversified shoe and apparel manufacturers and smaller firms focusing on more specific products. In today's pre-market research, Stock-Callers.com takes a closer look at the following brands: NIKE Inc. (NYSE: NKE), Coach Inc. (NYSE: COH), Skechers U.S.A. Inc. (NYSE: SKX), and Fossil Group Inc. (NASDAQ: FOSL). Learn more about these stocks by accessing their free research reports at: http://stock-callers.com/registration
Beaverton, Oregon headquartered NIKE Inc.'s shares saw a slight decline of 0.45%, finishing Wednesday's trading session at $55.86. A total volume of 5.95 million shares was traded. In the previous three months and since the start of this year, the stock has advanced 5.19% and 10.24%, respectively. The Company's shares are trading above their 200-day moving average by 3.22%. Moreover, shares of NIKE, which together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide, have a Relative Strength Index (RSI) of 49.56.
On March 21st, 2017, NIKE reported financial results for its Q3 FY17 ended February 28th, 2017. Revenues for NIKE, Inc. were $8.4 billion; selling and administrative expense was $2.5 billion; net income was $1.1 billion; and diluted earnings per share increased 24% to $0.68.
On April 04th, 2017, research firm Argus downgraded the Company's stock rating from 'Buy' to 'Hold'. Free research report on NKE is available at: http://stock-callers.com/registration/?symbol=NKE
On Wednesday, shares in New York headquartered Coach Inc. recorded a trading volume of 3.13 million shares, and ended the session 0.28% lower at $39.41. The stock has gained 0.66% in the last one month, 12.49% over the previous three months, and 13.55% on an YTD basis. The Company's shares are trading 1.44% above their 50-day moving average and 5.12% above their 200-day moving average. Furthermore, shares of Coach, which provides luxury accessories and lifestyle brands, have an RSI of 48.08.
On April 06th, 2017, Coach announced that Ian Bickley, currently President, International Group for the Coach brand, will be elevated to the new role of President, Global Business Development and Strategic Alliances for Coach, Inc., effective July 02nd, 2017. In this role, Mr. Bickley will continue to report directly to Mr. Luis and will be responsible for strategic partnerships across brands. The complimentary research report on COH can be downloaded at: http://stock-callers.com/registration/?symbol=COH
Shares in Manhattan Beach, California headquartered Skechers U.S.A. Inc. closed at $25.91, up 4.10% from the last trading session. The stock recorded a trading volume of 3.83 million shares, which was above its three months average volume of 2.62 million shares. The Company's shares have gained 2.70% over the previous three months and 5.41% since the start of this year. The stock is trading 4.26% above its 200-day moving average. Additionally, shares of Skechers U.S.A., which designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers GO brand worldwide, have an RSI of 47.38.
On April 10th, 2017, research firm Susquehanna upgraded the Company's stock rating from 'Negative' to 'Neutral'.
On April 13th, 2017, Skechers announced that it will release its Q1 2017 financial results after market close on Thursday, April 20th, 2017. A conference call will be held on the same day at 4:30 p.m. ET. Participating on the call will be David Weinberg, COO and CFO. The call can be accessed under the Investor Relations section of the Company's website. Visit us today and access our complete research report on SKX at: http://stock-callers.com/registration/?symbol=SKX
Richardson, Texas headquartered Fossil Group Inc.'s stock ended 2.11% higher at $16.96 with a total trading volume of 944,669 shares. The Company's shares have advanced 2.79% in the last one month. The stock is trading below its 50-day moving average by 7.59%. Furthermore, shares of Fossil Group, which together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories, have an RSI of 45.03. Get free access to your research report on FOSL at: http://stock-callers.com/registration/?symbol=FOSL
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