Retail chains categorized under the 'supermarket' theme primarily focus on offering a vast array of grocery and specialty foods. Key players in this space include names like Weis Markets, Inc., Ingles Markets, Inc., and Kroger.
Gildan Activewear (GIL) on June 19, 2023, a dividend of $0.19 per share will be paid to shareholders of a certain stock. This announcement indicates that the company has set a record date, which determines who will be eligible to receive the dividend payment. The record date in this case is June 19, 2023.
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Gildan Activewear Inc. (GIL), a leading manufacturer and distributor of everyday basic apparel, has declared a dividend of $0.19 per share with a record date of June 19, 2023. This represents a continuation of the company's strong dividend policy, maintaining the same amount as the last dividend of $0.19 paid on April 10, 2023.
Leviâs posted third quarter sales that surpassed expectations. However, the denim company slashed its guidance for the full-year. Revenue came in at $1.51 billion, compared to the Streetâs consensus for $1.59 billion. The company now expects net revenue growth of between 6.7% to 7% for the full-year, down from a prior forecast of 11% to 13% growth. The outlook revision comes amidst an...
Levi Strauss posted its fiscal second quarter earnings that exceeded analystsâ expectations. The denim behemoth also topped revenue estimates. For the quarter ending ending May 29, Leviâs adjusted earnings came in at 29 cents per share, well above the 23 cents expected by analysts polled by Refinitiv. Revenue rose +15% from the year-ago quarter to $1.47 billion, beating analystsâ expectations...
Oxford Industries posted its quarterly earnings that topped the Zacks Consensus Estimate. The companyâs quarterly adjusted earnings came in at $3.50 per share, exceeding the Zacks Consensus Estimate of $2.78 per share. Earnings were $1.89 per share a year ago. Revenues of $352.58 million for the quarter surpassed the Zacks Consensus Estimate by 7.16%. The figure is also higher than year-ago...
Levi reported its fiscal first quarter earnings that surpassed analystsâ expectations. For the three-month period ended Feb. 27, the denim jeans makerâs adjusted earnings came in at 46 cents per share, well above 42 cents expected by analysts polled by Refinitiv. Revenue of $1.59 billion also exceeded the $1.55 billion expected. On a year-over-year basis, the companyâs sales rose +26% in the...
Clothing company PVH Corp reported its fourth quarter earnings, that experienced a rebound from the year-ago quarter's losses. PVH Corp.âs fourth quarter earnings on a GAAP basis were $5.53 dollars per share for the fourth quarter compared to a loss per share of -81 cents in the year-ago quarter. On a non-GAAP basis, earnings were $2.84 per share compared to a loss per share of -38 cents in...
Under Armour reported fourth-quarter earnings and sales that beat analystsâ expectations. However, supply chain constraints weigh on its projection. Adjusted earnings came in at 14 cents , well ahead of 7 cents expected by analysts polled by Refinitiv. Revenue of $1.53 billion also topped the Street estimates of $1.47 billion. Net revenue in North America grew +15% year-over-year ...
Canada Goose jumped on Friday, after the apparel company reported an unexpected profit for the second quarter. It also boosted its full-year earnings guidance. For the fiscal 2022 second quarter ended Sept. 26, the companyâs adjusted earnings came in at 12 cents, compared to the -10 cent loss expected by FactSet analyst. Revenue grew +25% from the year-ago quarter to C$232.9 million,...
Analysts at J.P. Morgan resumed coverage of Under Armour this week.
This time, the  J.P. Morgan analysts gave a neutral rating on the sports and casual apparel makerâs stock . EBIT estimate is $298 million at J.P. Morgan, compared to $311 million estimate of the Street.
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Under Armour Inc. shares got a rating upgrade from after analysts at Raymond James.
Raymond James analyst Matthew McClintock raised his rating on the sports apparel and footwear retailer to "strong buy" from "outperform", citing the companyâs risk/return profile.Under Armour said its "practices and disclosures were appropriate" and that it has been co-operating with the agencies on the investigations.
For the full-year 2019, Under Armour is expecting earnings at the higher end of its prior forecast range of between 33 cents and 34 cents per share. The company now projects revenues to experience + 2% growth in the year partly due to lower-than-expected excess inventory; the forecast is lower than its prior guidance of +3% to +4% growth.
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However, the company did express concerns about the impact of protests in Hong Kong.
The outdoor apparel maker reported adjusted earnings of  57 Canadian cents a share for the quarter, ahead of analysts' expectations of 43 cents.
Revenue increased +28% from a year ago to  C$294.0 million ($221.6 million), surpassing the Street estimate of C$266.8 million.
Wholesale revenue expanded +22% to C$219.8 million, exceeding analysts' forecast of C$193.5 million.Direct-to-consumer revenue surged +47% to C$74.2 million, on the back of incremental revenue from new retail stores, and beat expectations of C$73.7 million,
Canada Goose recently opened a second store in Hong Kong.
Levi Strauss shares traded higher after-hours Tuesday, following the jean companyâs earnings beat.
 For the quarter ended Aug. 25, Leviâs adjusted earnings came in at 31 cents per share, surpassing the 28 cents a share that analysts expected (based on FactSet poll of analysts).The earnings were, however, lower than the year-ago quarterâs 34 cents.
Revenue in the quarter increased +3.8% year-over-year to $1.45 billion, compared to analystsâ estimate of $1.44 billion.
Growth in international sales offset softness in Americas sales.
Levi Straussâ shares tumbled pre-market Wednesday, following the company's warning of a weakening growth of sales in the second half of the year.
The maker of the iconic denim brand reported fiscal second quarter earnings of 7 cents a share, down -65% from the same period last year.Adjusting for some costs, the company earned 17 cents per share, beating the Street consensus estimate of 15 cents per share.Â
Revenue of $1.312 billion for the quarter also surpassed analystsâ forecasts.
However, Levis CFOÂ Harmit Singh mentioned that the second half sales growth would âmoderate relative to the first half, particularly in the United States" .The company expects that the lack of a Black Friday in Q4 will hurt revenue by roughly 100 basis points in the second half.
As for the ongoing trade war, CFO Singh has indicated that the company is prepared to cushion the effect of tariffs over the near term.
Canada Goose Holdingsâ fiscal fourth quarter revenue fell short of analystsâ expectations, leading to the companyâs shares falling -22% Wednesday.
While the outdoor clothing makerâs revenue surged +25% year-over-year to C$156.2 million in the quarter, it still missed analysts' estimates of C$156.8 million.
However, adjusted earnings of  9 Canadian cents a share surpassed analysts' estimates of 6 Canadian cents.
For the full year, total revenue climbed +40.5% to C$830.5 million.According to Canada Goose, higher operating income and a lower effective tax rate contributed to the net income growth.
Looking ahead into fiscal 2020, Canada Goose Holdings expects annual revenue growth of at least +20%.
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The report sent the the clothing brand's shares down -5% Tuesday.
The company reported earnings  of $1.07 per share for the quarter, compared to analystsâ expectations of 89 cents per share (based on FactSet poll).Even as sales from Europe and Asia increased +4% and +6% respectively, North American revenue plunged -7%.
Ralph Lauren hiked its quarterly dividend by +10% to 69 cents per share.
Athletic apparel and footwear company Under Armour Inc UAA 0.81% is nearing the end of a three-year-long transformation, and the company is now ready to take the next steps, CEO Kevin Plank told CNBC's Jim Cramer Wednesday.
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Beyond Meat, the California-based manufacturer of plant-based meat substitutes, expects its initial public offering to range between $19-$21 per share, triggering an estimate raise of $183.8 million through the IPO.This will give the company a market value of $1.21 billion.
Proceeds from the IPO, for which it had filed the paperwork at the end of March, will go into investing in current and additional manufacturing facilities, research and development, sales and marketing, working capital and other general corporate purposes.
The number of Americans choosing vegan or vegetarian diets has stagnated over the last decade, but more people are now opting âflexitarianâ diets, accounting for nearly 40% of the population embracing more plant-based foods as substitutes for real meat.
Levi Strauss shares climbed +2.1% Monday, following JPMorganâs  overweight rating on the company.
JPMorgan just started coverage of the iconic denim company, which went public in March.JPMorgan analyst Matthew Boss cited the âstrong tenured management team led by CEO (Chip) Berghâ coupled with the brandâs heritage as solid factors expected to boost Leviâs global market.
JPMorgan analysts set a $26 year-end price target for Levi shares.
Last week, Levi Strauss reported its  quarterly earnings of 37 cents a share on revenue of $1.44 billion â compared to the year-ago periodâs loss of -5 cents a share on revenue $1.34 billion.