Retail: 75
1.21%
Retail: 188
0.04%
Tuesday, September 9, 2019
Volume 3, Issue No. 36

Project Play
Ideas to Spark More Physical Activity: Free Play, Sport Sampling

The annual grades given to many aspects of physical activity among youth remain an ugly truth in this age of video games and mobile electronic devices. But some progress is being made. (Read More)

Executives on the Move
Women at the Helm of Fila, Adidas and Under Armour

Three major athletic brands—Fila, Adidas and Under Armour—now have women in place to run their North American operations. (Read More)

Quotable

“Looking further out, our intent is to diversify sourcing as much as we can outside of China, and these efforts are well under way for FY21. The balance of our merchandise is imported by third-party vendors. For Journeys, which accounted for 65 percent of total sales last year, we estimate that 30-40 percent of the products we buy from third-party vendors are currently sourced from China.”

– Mimi E. Vaughn, Sr. VP/Chief Operating Officer for Genesco

Thriving Lululemon Focuses on 5-Year Objectives

Strong Q2 results, where total revenues grew 22 percent to $883.4 million and comparable sales rose 17 percent on a constant dollar basis, showed further gains in the company’s core mission to grow its core business by low-double digits, double its men’s business and quadruple its international revenues before the end of 2023. (Read More)

Retail Round-Up
Zumiez Stays the Course; Camping World Abandoning Outdoor Retail

Footwear and hard goods led the H1/19 business at Zumiez, while men’s and women’s apparel were softer. The global lifestyle retailer says its ultimate objective is to sell at full price and full margin while also listening to its customers about what product categories and brands it should carry. (Read More)

What’s Hot? What’s New?

Adidas, in conjunction with Zound Industries, will introduce two adidas Sport headphones on Sep. 25. The FWD-01 (MSRP: $149) is a wireless in-ear headphone with up to 16 hours of playtime and sweatproof. (Read More)

The Buzz: Grassroots Connect, Lynx Golf, Krenzien, Krenzien & Associates

Apparel shipments into the U.S. grew nearly 24 percent in July from June and 9 percent from July 2018 as retailers accelerated orders ahead scheduled tariff hikes, according to data from the U.S. Dept. of Commerce’s Officer of Textiles and Apparel (OTEXA). (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.
Retail
Segment rebounds from a flat week with a 3.3 increase for the period, exceeding the Dow’s 1.0 percent gain. Eleven stocks gained and four fell with Sportsman’s Warehouse, which may benefit from Walmart’s decision to restrict ammunition sales, as the largest percentage gainer. Hibbett was the largest percentage decliner for the week. Genesco reported strong, full-price selling of seasonal footwear, including sandals, in Q2 in its Journeys business with gains from fashion athletic styles as well. Banner faces tough Q4 comparisons. Less than two years in, it appears Marcus Lemonis’ outdoor retail strategy, commenced in late 2017, was much ado about nothing. Camping World, after spending approximately $100 million acquiring outdoor retailers (including Gander Mountain out of bankruptcy) is “strategically shifting away” from all existing retail locations that don’t have the ability to sell and service RVs. This will likely mean the end to 27 of 37 stores. Zumiez, which reported 3.6 percent comparable sales growth in Q2 and said August comps were up 7.1 percent, says it’s faster that most competitors since it delivers all digital orders out of its stores following the shuttering of ecommerce fulfillment centers three years ago. Kohl’s former Chairman and CEO Larry Montgomery, who helped the chain grow to nearly 1,000 doors over a decade, passed away on Aug. 15. He was 70.  
Brands
Segment increase for third consecutive week, up more than 2.5 percent, as 11 stocks rise and four decline. A week after being the biggest percentage gainer, Nautilus comes in as the biggest percentage loser. On the flip side, Skechers was the biggest percentage gainer. Wrestler extraordinaire Ric Flair tells TMZ that he recently signed a deal with Adidas and boasts about taking Nike down. A 0.1 percent drop in July golf rounds, including a 1.3 percent decline at private clubs and 5.8 percent dip across New England, can’t be seen as good news for golf companies Acushnet and Callaway. Under Armour has a new North American president (See story) and a new “Street to Summit” collection of footwear and apparel that includes pieces of 100-percent Polartec technical fleece. The $45-120 MSRP collection hits Friday the 13th. Nike reportedly pays global soccer phenom Cristiano Ronaldo approximately $17.8 million annually, according to the European weekly Spiegel. Ronaldo, who current plays for Italy’s Juventus, is in a 10-year contract with The Swoosh. Columbia Sportswear, from Sep. 10-30, will match any in-store donations at its retail and outlet stores, up to $50,000, to the 2019 Atlantic Hurricane Season Recovery Fund.

Weekly Review

Retail Name
(Ticker Symbol)

% Change over week
Price 08/29/19 • 09/05/19

Big 5 Sporting Goods
(BGFV)

4.28%

$1.87 • $1.79

Sports Direct
LON: SPD

4.35%

$301.03 • $314.12

Camping World
CWH

1.13%

$7.93 • $8.02

Dick's Sporting Goods
DKS

3.75%

$34.64 • $35.94

JD Fashion
jD

3.69%

$755.22 • $783.08

Foot Locker
FL

12.17%

$35.84 • $40.20

Genesco
GCO

2.34%

$36.27 • $35.42

Hibbett Sports
HIBB

6.27%

$17.06 • $15.99

Kohl’s
KSS

2.27%

$47.21 • $48.28

Macy’s
M

2.75%

$14.91 • $15.32

Sportsman’s Warehouse
SPWH

12.75%

$4.08 • $4.60

Shoe Carnival
SCVL

5.16%

$30.80 • $29.21

Tilly’s
TLYS

5.41%

$10.90 • $10.31

Walmart
WMT

1.23%

$114.05 • $115.45

Zumiez
ZUMZ

5.67%

$26.12 • $27.60

TOTAL
WEEK OVER WEEK

3.30%

$1,437.93 - $1,485.33

Brand Name
(Ticker Symbol)

% Change over week
Price 08/29/19 • 09/05/19

Acushnet Holdings
GOLF

0.46%

$25.97 • $25.85

adidas
addyy

2.54%

$147.74 • $151.49

Callaway
ELY

1.33%

$17.98 • $17.74

Columbia Sportwear
COLM

0.03%

$96.28 • $94.93

Deckers Brands
DECK

5.06%

$146.50 • $153.92

GoPro
GPRO

4.07%

$3.93 • $4.09

lululemon
LULU

1.26%

$186.06 • $188.41

Nautilus
NLS

5.71%

$1.40 • $1.32

Nike
NKE

3.64%

$85.37 • $88.48

Puma
PUMA

0.65%

$77.50 • $78.00

Skechers
SKX

8.34%

$31.31 • $33.92

Under Armour
UA

5.66%

$16.96 • $17.92

VF Corp.
VFC

3.85%

$83.92 • $86.50

Wolverine Worldwide
WWW

1.94%

$25.83 • $26.33

Yeti
‍‍YETI

2.81%

$28.42 • $29.22

TOTAL
WEEK OVER WEEK

2.56%

$973.19 - $998.15

RETAIL: 61

38.87%

BRANDS: 179

78.96%

Index base of 100 is key to the closing prices of 12/31/14

Sports Insight Extra Podcast Series