NEW YORK, October 5, 2016 /PRNewswire/ --
Demand for Textile and Apparel Clothing is greatly determined by consumer tastes, economic conditions, and market trends. In order to compete with and maintain edge over existing and emerging competition, companies in this industry are constantly modernizing their products, improving their business efficiency, and enhancing their brand image. This morning, Stock-Callers.com recalls the following equities to see how they have fared over the last few trading sessions: V.F. Corp. (NYSE: VFC), Lululemon Athletica Inc. (NASDAQ: LULU), G-III Apparel Group Ltd (NASDAQ: GIII), and Carter's Inc. (NYSE: CRI). You can access of our complimentary research reports on these stocks now at:
Shares in Greensboro, North Carolina headquartered V.F. Corp. ended Tuesday's session at $56.19, climbing 0.38% from the previous trading session. The stock recorded a trading volume of 4.92 million shares, which was above its three months average volume of 2.56 million shares. The Company's shares are trading 6.87% below their 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 a Relative Strength Index (RSI) of 39.38.
On August 26th, 2016, VF Corp. announced that it has completed the sale of its Contemporary Brands businesses to Delta Galil Industries, Ltd. The brands included in the transaction are 7 for All Mankind®, Splendid® and Ella Moss®.
On September 30th, 2016, research firm Guggenheim initiated a 'Buy' rating on the Company's stock. Visit us today and download your complete report on VFC for free at:
Vancouver, Canada-based Lululemon Athletica Inc.'s stock saw a decline of 1.51%, closing the day at $59.39. A total volume of 3.36 million shares was traded, which was above their three months average volume of 1.98 million shares. The Company's shares have advanced 13.19% on an YTD basis. The stock is trading 10.12% below its 200-day moving average. Additionally, shares of Lululemon Athletica, which together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women, men, and female youth, have an RSI of 17.00.
On September 1st, 2016, Lululemon reported that Q2 FY16 net revenue increased by 14% to $514.5 million from $453.0 million in Q2 FY15, or increased by 15% on a constant dollar basis. Total comparable sales, which includes comparable store sales and direct to consumer, increased by 4%, or by 5% on a constant dollar basis. Lululemon's diluted earnings per share for Q2 FY16 was $0.39 compared to $0.34 in Q2 FY15.
On September 16th, 2016, research firm Susquehanna initiated a 'Positive' rating on the Company's stock. The complimentary research report on LULU can be accessed at:
G-III Apparel Group
On Tuesday, shares in New York-based G-III Apparel Group Ltd recorded a trading volume of 780,315 shares. The stock ended the day 1.40% higher at $29.60. The Company's shares are trading below their 50-day moving average by 18.06%. Furthermore, shares of G-III Apparel Group, which designs, manufactures, and markets men's and women's apparel, have an RSI of 36.85.
As per notes filed with the SEC on September 16th, 2016, the Board of Directors of G-III Apparel Group appointed Sammy Aaron, Vice Chairman and a director of the Company, as the President of the Company, effective as of September 15, 2016. Mr. Aaron, age 57, will also continue to serve as Vice Chairman and a director of the Company. Morris Goldfarb, who previously held the title of President, will continue to serve as the Company's Chairman and Chief Executive Officer.
Yesterday, research firm Standpoint Research upgraded the Company's stock rating from 'Hold' to 'Buy'. Register for free on Stock-Callers.com and download the PDF research report on GIII at:
Atlanta, Georgia headquartered Carter's Inc.'s stock rose 0.24%, finishing yesterday's session at $87.83, with a total trading volume of 549,351 shares. Shares of the Company, which through its subsidiaries, design, source, and market branded childrenswear under the Carter's, Child of Mine, Just One You, Precious Firsts, OshKosh, and other brands, are trading below their 50-day moving average by 9.88%. The stock has an RSI of 31.16.
On September 29th, 2016, research firm CLSA initiated an 'Underperform' rating on the Company's stock, issuing a target price of $95 per share. Get free access to your research report on CRI at:
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