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Research Reports on Textile Equities -- Under Armour, Hanesbrands, Kate Spade, and V.F. Corp.


News provided by

Chelmsford Park SA

Nov 22, 2016, 07:00 ET

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NEW YORK, November 22, 2016 /PRNewswire/ --

This morning, Stock-Callers.com explores the Textile and Apparel Clothing industry, which is involved in the design, development, and production of apparel and accessories. The U.S. market is the largest in the world, valued at approximately $343 billion in 2015. Research reports have been issued on the following brands: Under Armour Inc. (NYSE: UA), Hanesbrands Inc. (NYSE: HBI), Kate Spade & Co. (NYSE: KATE), and V.F. Corp. (NYSE: VFC). Learn more about these stocks by accessing their free research reports at:

http://stock-callers.com/registration

Under Armour  

Maryland headquartered Under Armour Inc.'s shares declined 0.26%, closing Monday's trading session at $30.87 with a total trading volume of 5.28 million shares. The stock is trading 13.89% below its 50-day moving average. Shares of the Company, which together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America, have a Relative Strength Index (RSI) of 32.89.

On October 26th, 2016, research firm Telsey Advisory Group downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. The research firm also revised downwards its previous target price from $49 to $35.

On November 03rd, 2016, Under Armour opened the doors of its newest specialty retail location at the Prudential Center in Boston's Back Bay. Featuring nearly 19,000 square feet of interactive retail space across two floors, the brand's latest innovations will be highlighted across various product categories. The Boston Brand House will offer localized Boston apparel that celebrates the legacy of the city in both sport and style including Boston Red Sox gear and the New England Patriots NFL Combine Authentic Team collection. Free research report on UA is available at:

http://stock-callers.com/registration/?symbol=UA


Hanesbrands  

On Monday, shares in North Carolina headquartered Hanesbrands Inc. recorded a trading volume of 4.20 million shares, which was above their three months average volume of 3.96 million shares. The stock fell 0.53%, ending the day at $24.48. The Company's shares are trading below their 50-day moving average by 2.22%. Furthermore, shares of Hanesbrands, which designs, manufactures, sources, and sells various basic apparels for men, women, and children in the US, have an RSI of 46.59.

On November 07th, 2016, Hanes announced the launch of FreshIQ[TM] Advanced Odor Protection Technology across its line of men's underwear, socks, T-shirts and fleece products. Hanes FreshIQ underwear and socks, which offer antimicrobial protection, for men are available at major retailers and directly to consumers through the brand's website and in owned stores. Additional products will be introduced through fall of 2017. The complimentary research report on HBI can be downloaded at:


http://stock-callers.com/registration/?symbol=HBI


Kate Spade  

Kate Spade & Co.'s stock finished the day 0.61% lower at $16.29. A total volume of 2.56 million shares was traded, which was above their three months average volume of 2.54 million shares. The Company's shares are trading below their 50-day moving average by 6.13%. Additionally, shares of Kate Spade, which together with its subsidiaries, designs and markets apparel and accessories, have an RSI of 44.81.

On November 02nd, 2016, Kate Spade's net sales for Q3 2016 were $317 million, an increase of $39 million, or 14.1% compared to Q3 2015. Comparable sales per square foot for Kate Spade New York stores were $1,615 for the latest twelve months compared to $1,619 for the twelve month period ended July 2nd, 2016. The company's income from continuing operations was $30 million, or $0.23 per diluted share, in Q3 2016 compared to $5 million, or $0.04 per diluted share, in Q3 2015. Visit us today and access our complete research report on KATE at:

http://stock-callers.com/registration/?symbol=KATE


V.F. Corp. 

Shares in North Carolina headquartered V.F. Corp. ended yesterday's session 1.43% higher at $55.30. The stock recorded a trading volume of 4.10 million shares, which was higher than its three months average volume of 2.93 million shares. The Company's shares have advanced 1.15% in the last one month. The stock is trading 0.20% below its 50-day moving average. Moreover, shares of V.F. Corp., which engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products in the US and Europe, have an RSI of 49.22.

On October 24th, 2016, V.F. Corp reported that during Q3 2016, operating income on a reported basis was down 1% to $635 million compared to Q3 2015. Operating margin on a reported basis increased 10 basis points to 18.2%.  Earnings per share were up 13% to $1.20 in Q3 2016 compared to $1.06 during Q3 2015. V.F. Corp.'s revenue declined 1% to $3.5 billion.

On October 25th, 2016, research firm Telsey Advisory Group reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $70 a share to $68 a share. Get free access to your research report on VFC at:

http://stock-callers.com/registration/?symbol=VFC

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/


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SOURCE Chelmsford Park SA

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