michael's blog Blog Archive Picking shoe stocks in a resurgent sector
Investors looking to snap up shares bet on people to spend on non-money with essential things may be better off looking beyond electronics and clothing, ugg boots gnstig and go with those companies that think about our feet , an analyst said Monday. camper
The macroeconomic climate is slowly showing signs of improvement and limited consumers 'discretionary budgets, his shoes are taking camper a larger share of shoppers' wallets camper of the categories, such as clothing and gadgets, according to Sam Poser of Sterne Agee.
"The economy is not so good, but footwear is relatively better than" Poser said in an interview. "It is a relatively inexpensive way to update your wardrobe. ... When you walk down Fifth Avenue or SoHo [in New York], with the exception of the high-end designer clothing stores, you're going 'Boring, it was. " When you walk through the shoe stores, go 'I want it but have not. '"
From kids to make fashion statements with sneakers for women platform pumps, Poser said that more fashion and innovation in shoe styles and range - factors that led to the category take an increasing share of shoppers' budgets. For example, the athletic sector is enhanced by introductions of light running shoes, such as Nike Inc. 's NKE -0.80% Free and Lunar Glide lines, Poser noted. See related story on Nike, Finish Line shows consumers Stepping Out.
By contrast, he pointed to the second quarter same-store sales at Foot Locker Inc. FL -3.28% or Genesco Inc. Journeys older JRC -4.19% increase at least 10% each, ugg boots while the teen-clothing retailer Aeropostale ARO Inc. - 2.52% reported a decrease of 14%.
"Many of the footwear companies have the new world, which began in 2008 with increasingly focused, implementation of new systems and processes and becoming camper more agile addressed," said the analyst.
While overall Poser's view on the sector is positive, he sees different options and supports the shares exposed more than shopping in the strip malls and other locations. Being able to roll out the products constantly in styles that consumers want also very important.
"The shoes in the malls is more compelling for the most part," he said, adding that mall anchors including Macy's Inc. M +0.52% and Nordstrom Inc. JWN +1.08% have been their off-mall counterparts surpass.
He maintains a buy rating on the stock including plastic clog-shoe maker Crocs Inc. Crox -33.63%, Foot Locker, Nike, Finish Line Inc. FINL -2.66%, -3.41% Shoo Steve Madden Ltd., ugg boots gnstig shoes parent Deckers Outdoor Corp.. DECK -2.18%, +1.77% UA Under Armour Inc. and Genesco.
On the other hand, he cut its ratings on seven stocks on Monday: Hibbett Sports Inc. HIBB -4.18%, Dick's Sporting Goods Inc. DKS -3.28%, K-Swiss Inc. KSWS -6.04%, Columbia Sportswear Co. Colm - 5.95%, Shoe Carnival Inc. SCVL -3.31%, -3.37% KCP Kenneth Cole Productions and Wolverine World Wide Inc. WWW -3.91%, the maker of Merrell and Hush Puppies shoes.
For Hibbett, he said, the company is a growth story, the "off-mall" focus is making him wary. "Unlike some others in the area, [Hibbett] focuses on markets underpenetrated and where the availability of the most important items from brands like Nike, Adidas, Under Armour, North Face and others is limited," said Poser.
For K-Swiss, he does not think the company improve the product is to "encourage retailers to be overly aggressive in expanding their range."
At Columbia Sportswear, the analyst believes that the company is too focused on the technical aspect of his offer, no more attention to the fact that consumers want something that they look and buy a good feeling.
Fractional shares he wants, he Crocs has transformed from a 'one-dimensional' widget 'business in what is becoming a well-priced comfortable lifestyle brand. "Poser said also said Crocs offers more than 200 styles compared to only nine in 2007.
He declined camper to comment whether he is a figure changes after Crocs late Monday revised lower third quarter profit and revenue forecasts sent its stock tumbling 37% in after-hours trading. The stock has risen 56% this year, ugg boots sale while the S & P Retail Index rose 4.7% in the same period.
Der Beitrag wurde am Dienstag, den 18. November 2011 um 13:33 Uhr und wurde veröffentlicht unter ugg abgelegt. Kommentare zu du kannst those who
Investors looking to snap up shares bet on people to spend on non-money with essential things may be better off looking beyond electronics and clothing, ugg boots gnstig and go with those companies that think about our feet , an analyst said Monday. camper
The macroeconomic climate is slowly showing signs of improvement and limited consumers 'discretionary budgets, his shoes are taking camper a larger share of shoppers' wallets camper of the categories, such as clothing and gadgets, according to Sam Poser of Sterne Agee.
"The economy is not so good, but footwear is relatively better than" Poser said in an interview. "It is a relatively inexpensive way to update your wardrobe. ... When you walk down Fifth Avenue or SoHo [in New York], with the exception of the high-end designer clothing stores, you're going 'Boring, it was. " When you walk through the shoe stores, go 'I want it but have not. '"
From kids to make fashion statements with sneakers for women platform pumps, Poser said that more fashion and innovation in shoe styles and range - factors that led to the category take an increasing share of shoppers' budgets. For example, the athletic sector is enhanced by introductions of light running shoes, such as Nike Inc. 's NKE -0.80% Free and Lunar Glide lines, Poser noted. See related story on Nike, Finish Line shows consumers Stepping Out.
By contrast, he pointed to the second quarter same-store sales at Foot Locker Inc. FL -3.28% or Genesco Inc. Journeys older JRC -4.19% increase at least 10% each, ugg boots while the teen-clothing retailer Aeropostale ARO Inc. - 2.52% reported a decrease of 14%.
"Many of the footwear companies have the new world, which began in 2008 with increasingly focused, implementation of new systems and processes and becoming camper more agile addressed," said the analyst.
While overall Poser's view on the sector is positive, he sees different options and supports the shares exposed more than shopping in the strip malls and other locations. Being able to roll out the products constantly in styles that consumers want also very important.
"The shoes in the malls is more compelling for the most part," he said, adding that mall anchors including Macy's Inc. M +0.52% and Nordstrom Inc. JWN +1.08% have been their off-mall counterparts surpass.
He maintains a buy rating on the stock including plastic clog-shoe maker Crocs Inc. Crox -33.63%, Foot Locker, Nike, Finish Line Inc. FINL -2.66%, -3.41% Shoo Steve Madden Ltd., ugg boots gnstig shoes parent Deckers Outdoor Corp.. DECK -2.18%, +1.77% UA Under Armour Inc. and Genesco.
On the other hand, he cut its ratings on seven stocks on Monday: Hibbett Sports Inc. HIBB -4.18%, Dick's Sporting Goods Inc. DKS -3.28%, K-Swiss Inc. KSWS -6.04%, Columbia Sportswear Co. Colm - 5.95%, Shoe Carnival Inc. SCVL -3.31%, -3.37% KCP Kenneth Cole Productions and Wolverine World Wide Inc. WWW -3.91%, the maker of Merrell and Hush Puppies shoes.
For Hibbett, he said, the company is a growth story, the "off-mall" focus is making him wary. "Unlike some others in the area, [Hibbett] focuses on markets underpenetrated and where the availability of the most important items from brands like Nike, Adidas, Under Armour, North Face and others is limited," said Poser.
For K-Swiss, he does not think the company improve the product is to "encourage retailers to be overly aggressive in expanding their range."
At Columbia Sportswear, the analyst believes that the company is too focused on the technical aspect of his offer, no more attention to the fact that consumers want something that they look and buy a good feeling.
Fractional shares he wants, he Crocs has transformed from a 'one-dimensional' widget 'business in what is becoming a well-priced comfortable lifestyle brand. "Poser said also said Crocs offers more than 200 styles compared to only nine in 2007.
He declined camper to comment whether he is a figure changes after Crocs late Monday revised lower third quarter profit and revenue forecasts sent its stock tumbling 37% in after-hours trading. The stock has risen 56% this year, ugg boots sale while the S & P Retail Index rose 4.7% in the same period.
Der Beitrag wurde am Dienstag, den 18. November 2011 um 13:33 Uhr und wurde veröffentlicht unter ugg abgelegt. Kommentare zu du kannst those who
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