BoA Daily Highlights: Kendrick Lamar and Reebok, Nike and Lululemon stock intel, and we’re gearing up for the quarter earnings report

Business of Athleisure, Athleisure, Reebok, Kendrick Lamar

NEWS: TOMORROW NIKE IS RELEASING THEIR FISCAL THIRD QUARTER EARNINGS AFTER THE CLOSE ON MARCH 22.

Can Kendrick save Reebok? (Business Insider)

“Reebok has been partnering with Lamar since late 2014, and most recently he has been promoting Reebok’s classic leather gum shoes, as evidenced by Reebok’s Instagram posts. Last year he launched a pair of Ventilators that served as a call to end gang violence in his hometown of Compton, California, Mic noted.”

Nike in, Lululemon out on Analyst Focus List at JPMorgan (Street Insider)

“”We are modeling EPS of $0.49 in 3Q (revs +10% w/ GPM -35bps) and $0.52 in 4Q (revs up 7% w/ GPM +100bps) with market expectations for futures growth in the mid-to-high-teens””

More on Nike stock health (Investors)

“The analyst called Nike’s brand “best-in-class” and added that it has a “significant runway remaining” in the long term, with strength in footwear and an under-penetrated women’s apparel market. The analyst also raised its price target on the overweight-rated stock from 67.50 to 72. Nike is currently trading around 64-65.”

Three activewear launches to watch in spring (The Sun Daily)

“After recently launching their reflective Lucent collection for runners, lululemon has launched another innovative collection, *H2O, that will take you from “sweat to swim.” Based on existing popular designs, the Speed Short *H2O and matching Energy Bra *H2O are both water- and gym-friendly.”

 

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Aimee Laurel

2 thoughts on “BoA Daily Highlights: Kendrick Lamar and Reebok, Nike and Lululemon stock intel, and we’re gearing up for the quarter earnings report

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