NEW YORK, August 2, 2017 /PRNewswire/ --
If you want a Stock Review on KORS, RL, DECK, or WWW then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. The Consumer Goods industry can be divided into four groups: beverages, food, toiletries and cosmetics, and small appliances. Most firms in this space offer products that fit primarily into only one of these groups, although a firm may have a smattering of brands that cross the lines. Today, DailyStockTracker.com covers the following equities: Michael Kors Holdings Ltd (NYSE: KORS), Ralph Lauren Corp. (NYSE: RL), Deckers Outdoor Corp. (NYSE: DECK), and Wolverine World Wide Inc. (NYSE: WWW). Learn more about these stocks by downloading their comprehensive and free reports from DailyStockTracker.com member's area at:
On Tuesday, shares in London, the UK-based Michael Kors Holdings Ltd climbed 0.88%, ending the day at $36.76. The stock recorded a trading volume of 2.19 million shares. The Company's shares have advanced 1.41% in the last one month. The stock is trading above its 50-day moving average by 4.44%. Moreover, shares of Michael Kors, which design, markets, distributes, and retails branded women's apparel and accessories, and men's apparel, have a Relative Strength Index (RSI) of 65.83.
On July 11th, 2017, research firm MKM Partners initiated a 'Sell' rating on the Company's stock, with a target price of $26 per share.
On July 25th, 2017, Michael Kors announced that it has reached an agreement to acquire Jimmy Choo PLC, a premier global luxury footwear and accessories brand. Under terms of the transaction, Jimmy Choo shareholders will receive 230 pence per share, with an enterprise value of approximately USD $1.350 billion. The transaction has been approved by the Boards of Directors of both companies. KORS complete research report is just a click away at:
Shares in New York-based Ralph Lauren Corp. ended the day 0.11% higher at $75.73 with a total trading volume of 793,786 shares. In the last month, the stock has gained 2.62%. The Company's shares are trading above their 50-day moving average by 6.15%. Furthermore, shares of Ralph Lauren, which designs, markets, and distributes lifestyle products worldwide, have an RSI of 62.43.
On July 27th, 2017, research firm Bank of America/ Merrill resumed its 'Neutral' rating on the Company's stock. The complimentary report on RL can be downloaded at:
At the close of trading on Tuesday, shares in Goleta, California headquartered Deckers Outdoor Corp. finished 1.37% higher at $65.75 with a total trading volume of 642,874 shares. The stock has advanced 9.35% over the previous three months and 18.70% on an YTD basis. The Company's shares are trading above their 200-day moving average by 11.04%. Additionally, shares of Deckers Outdoor, which together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities, have an RSI of 47.35.
On July 28th, 2017, research firm Telsey Advisory Group reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $68 a share to $72 a share.
On July 31st, 2017, HOKA ONE ONE®, a division of Deckers Outdoor, announced the release of its new short film, "The Speedgoat." The film chronicles the running career of Karl "Speedgoat" Meltzer, the first HOKA-sponsored runner, who has won more 100-mile trail races than anyone and who set the speed record for the 2,190-mile Appalachian Trail in 2016. The film highlights his active childhood in New Hampshire and his current training in Utah's Wasatch Mountains. Sign up for your complimentary research report on DECK at:
Wolverine World Wide
Rockford, Michigan-based Wolverine World Wide Inc.'s shares recorded a trading volume of 468,821 shares at the end of yesterday's session. The stock closed the day 0.85% higher at $28.44. The Company's shares have advanced 1.54% in the past month, 17.96% in the previous three months, and 29.57% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.33% and 16.69%, respectively. Additionally, shares of Wolverine World Wide, which designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories, have an RSI of 64.34.
On July 31st, 2017, Wolverine World Wide announced that the Company has sold its Sebago® brand to BasicNet, S.p.A., an Italian corporation that has a portfolio of brands including Kappa®, Robe di Kappa®, K-way®, and Superga®. The Company continues to make significant progress toward its WOLVERINE WAY FORWARD strategic transformation, and the sale of the Sebago® business is part of its ongoing effort to optimize the organization to excel in the "new normal" - a fast-evolving consumer and global marketplace. Get free access to your research report on WWW at:
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