Retail: 58
1.29%
Retail: 197
1.91%

Adidas Facing N.A. Challenge After Doubling Business Since 2016

A lack of mid-price apparel availability may well be Adidas North America’s biggest waterloo in H1/19, but senior management for the German parent appears determined not to let the blip negatively affect its longer-term financial objectives. (Read More)

Dick’s Sets Investments, Including Merchandising Shift and Staff Training

The largest full-line sporting goods chain in the U.S. wants stronger brick-and-mortar productivity through better in-stocks of key items, more in-store experiences, a stronger ecommerce fulfillment platform to battle rivals, including online nemesis Amazon; and more access to technology solutions to make it all happen. (Read More)

Quotable

“You’ll see our inventory grow this quarter, next quarter and through the year. As we’ve taken a look at this, we think one of the issues we’ve had is, we probably had the inventory running a bit too lean. We’re investing back in inventory. What we’re doing is we’re investing in what we characterize as non-toxic inventory.”
– Ed Stack, Chairman and CEO of Dick’s Sporting Goods

INSIDE RETAIL
Genesco Begins New Era; Modell’s Hires Restructuring Officer

Having formally shed its Lids Sports Group business in early February to FanzzLids Holdings for $100 million, Genesco is moving forward with a footwear-centric business headed by the Journeys Group. (Read More)

Execs on the Move
Brooks Promotes Dan Sheridan; UA Hires New Chief Design Officer; Newell CEO Retiring

More than two decades into his executive career at Seattle-based Brooks Running, Dan Sheridan is being promoted to EVP and Chief Operating Officer. Most recently, Sheridan spearheaded the company’s global sales effort, ecommerce, business development and customer service. (Read More)

M&A / Bicycles
Amer Sports Divesting Mavic Cycling

Beverly Hills, CA-based private equity firm Regent will formally acquire the Mavic business in Q2. Amer Sports disclosed its divestment strategy for Mavic last September and listed the cycling business, which only accounted for three percent of Amer’s annual revenues, as a discontinued operation in its FY18 results. (Read More)
DeMarini executives Josh Stenzler, a sports advanced innovation engineer, and Aaron Gillette, associate marketing manager, talk baseball bats and the uniqueness of the brand’s new 2020 Gattaca BBCOR bat.
Music from https://filmmusic.io: "Werq" by Kevin MacLeod (https://incompetech.com)
License: CC BY (
http://creativecommons.org/licenses/by/4.0/)

Inside D.C.
PHIT Act Re-Introduced in House, Senate

The Sports & Fitness Industry Association’s ongoing battle to get the PHIT Act passed through Congress took two positive steps earlier this month with the bi-partisan re-introduction of the bill in the U.S. House and Senate. (Read More)

What’s Hot, What’s New?

Titleist, following a successful seeding and validation period on the PGA Tour, has delivered its 2019 Pro V1 and Pro V1x Yellow golf balls to golf shops. (Read More)

The Buzz: Nike, Outdoor Retailer, Life Fitness

Ecommerce sales rose more than 14 percent in 2018, up $64 billion year-over-year, to $513.6 billion in 2018, according to U.S. Commerce Dept. data. (Read More)

Tubes of the Week

Mon, Aug 28, 2017
Vol 1, Issue No. 33
Numbers In Play
The Sports Insight Index is our opinion of what we think are the 30 most important public companies in the industry, 15 vendors and 15 retailers. Space considerations prevent us from tracking more, but we will make changes over time.
Index base of 100 is key to the closing prices of 12/31/14
Retail
Segment gain of nearly 1.3 percent trails Dow’s 1.4-percent gain for the period and is largely carried by Sports Direct’s more than 8 percent increase. Eleven stocks fall and four rise during the period, including the other U.K. entry, JD Fashion. Tilly’s has struck a partnership with the High School ESports League, which covers 1,200 schools nationwide, and will conduct a chainwide augmented reality event this spring. Genesco reported that Lids, in its last quarter of ownership, had a positive low-single digit comp sales gain. Dick’s is partnering with vendors to introduce a multi-training program for its footwear department selling staff.  
Brands
Segment gains back what it lost last week, exceeding Dow’s 1.4 percent increase for the period. Eleven stocks rose, four declined. Nike is rated “outperform” and its target price is raised to $96 by Wedbush. Also, Duke basketball player Zion Williamson returns to the court after a 22-day absence following his shoe “blowout” in ACC playoffs wearing a pair of modified Nike Kyrie 4’s. Wolverine disclosed that 40 percent of its FY18 revenues of $2.24 billion, or an implied $896 million, were generated by its Boston Group consisting of Sperry, Saucony, Keds and its Kids Group. Adidas says its app is now “live” in 25 countries with its “Creators Club” now available in the U.S. and Japan. Puma had a Return on Equity (ROE) of 13 percent in FY18, according to Simply Wall Street. Also, the Three Stripes will introduce more than 20 Yeezy releases in 2019. Under Armour, which has reportedly parted ways with Dave Dombrow, its chief design officer, for the second time, secures Fair Labor Association (FLA) approval for worker conditions at its contracted factories in nearly 30 countries. Earlier this month, Callaway signed 2018 British Open winner Francesco Molinari to an endorsement contract. Amer Sports divests its discontinued Mavic cycling business to private equity firm Regent.  

RETAIL: 58

40.79%

BRANDS: 197

97.05%

Weekly Review

Retail Name
(Ticker Symbol)

% Change over week
Price 3/7/19 • 3/14/19

Big 5 Sporting Goods
(BGFV)

0.80%

$3.76 • $3.73

Sports Direct
LON: SPD

8.36%

$343.84 • $372.57

Camping World
CWH

0.85%

$12.87 • $12.76

Dick's Sporting Goods
DKS

7.48%

$37.81 • $34.98

JD Fashion
jD

0.34%

$628.19 • $630.35

Foot Locker
FL

4.46%

$62.12 • $59.35

Genesco
GCO

5.21%

$45.50 • $43.13

Hibbett Sports
HIBB

4.13%

$18.64 • $17.87

Kohl’s
KSS

0.71%

$68.97 • $68.48

Macy’s
M

1.42%

$23.30 • $23.63

Sportsman’s Warehouse
SPWH

2.38%

$5.66 • $5.50

Shoe Carnival
SCVL

5.51%

$35.03 • $33.10

Tilly’s
TLYS

5.13%

$12.08 • $11.46

Walmart
WMT

0.79%

$98.22 • $97.45

Zumiez
ZUMZ

6.44%

$25.31 • $23.68

TOTAL
WEEK OVER WEEK

1.29%

$1,420.53 - $1,438.81

Brand Name
(Ticker Symbol)

% Change over week
Price 3/7/19 • 3/14/19

Acushnet Holdings
GOLF

0.63%

$23.88 • $24.03

adidas
addyy

0.26%

$120.66 • $120.35

Amer Sports
AGPDY

0.60%

$44.88 • $45.15

Callaway
ELY

0.72%

$16.77 • $16.89

Columbia Sportwear
COLM

2.39%

$101.31 • $103.73

Deckers Brands
DECK

0.51%

$141.96 • $142.68

GoPro
GPRO

3.89%

$5.91 • $6.14

lululemon
LULU

2.38%

$147.70 • $144.18

Nautilus
NLS

0.50%

$6.53 • $6.01

Nike
NKE

1.89%

$85.26 • $86.87

Puma
PUMA

4.46%

$585.00 • $560.00

Skechers
SKX

0.06%

$32.73 • $32.75

Under Armour
UA

2.79%

$19.36 • $19.90

VF Corp.
VFC

0.07%

$85.00 • $84.94

Wolverine Worldwide
WWW

0.28%

$35.49 • $35.59

TOTAL
WEEK OVER WEEK

1.91%

$1,426.92 - $1,454.18

Sports Insight Extra Podcast Series