Michael Kors Holdings
On Wednesday, shares in the UK-based Michael Kors Holdings Ltd recorded a trading volume of 2.57 million shares, which was above their three months average volume of 2.25 million shares. The stock ended at $58.65, rising 1.35% from the last trading session. The Company’s shares have gained 20.18% in the last one month, 39.41% over the previous three months, and 36.46% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 16.33% and 43.40%, respectively. Furthermore, shares of the Company, which design, markets, distributes, and retails branded women’s apparel and accessories, and men’s apparel, have a Relative Strength Index (RSI) of 81.69.
On November 07th, 2017, research firm MKM Partners upgraded the Company’s stock rating from ‘Sell’ to ‘Neutral’.
On November 21st, 2017, Michael Kors announced that it has named Francesca Leoni as the new Senior Vice President, Chief Brand Officer for the brand, reporting to John D. Idol, Chairman and CEO. Ms. Leoni will be joining the Company on February 05th, 2018. She has over 20 years’ experience within the Fashion industry. Follow the link below to your free research report on KORS at: www.wallstequities.com/registration/?symbol=KORS
New York-based Ralph Lauren Corp.’s stock finished yesterday’s session 0.14% higher at $94.65 with a total trading volume of 1.11 million shares. The Company’s shares have gained 3.09% in the last one month, 8.86% over the previous three months, and 4.79% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.67% and 16.95%, respectively. Furthermore, shares of Ralph Lauren, which designs, markets, and distributes lifestyle products worldwide, have an RSI of 68.64.
On November 02nd, 2017, Ralph Lauren reported its results for Q2 FY18. Revenue for the three months ended September 30th, 2017, decreased to $1.7 billion, gross profit was $996 million, and operating expenses were $802 million. Operating income for the quarter was $193 million, and net income was $144 million. The Company ended Q2 FY18 with $1.7 billion in cash, short- and long-term investments, and $590 million in total debt. The free technical report on RL can be accessed at: www.wallstequities.com/registration/?symbol=RL
At the close of trading on Wednesday, shares in Maryland headquartered Under Armour Inc. jumped 5.82%, ending the day at $12.18. The stock recorded a trading volume of 5.61 million shares, which was above its three months average volume of 5.32 million shares. The Company’s shares are trading 10.17% below their 50-day moving average. Moreover, shares of Under Armour, which together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, Middle-East, Africa, Asia/Pacific, and Latin America, have an RSI of 50.21. Sign up for free on Wall St. Equities and claim the latest report on UA at: www.wallstequities.com/registration/?symbol=UA
California headquartered Deckers Outdoor Corp.’s shares ended the day 3.13% higher at $75.01. A total volume of 945,177 shares was traded, which was above their three months average volume of 564,620 shares. The stock has gained 6.22% in the last month, 19.44% over the previous three months, and 35.42% on an YTD basis. The Company’s shares are trading 9.94% above their 50-day moving average and 18.67% above their 200-day moving average. Additionally, shares of Deckers Outdoor, which together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities, have an RSI of 65.01.
On November 27th, 2017, Deckers Outdoor, or Deckers Brands, provided an update on the Company’s ongoing process of adding new perspectives and fresh voices to its Board of Directors. As part of that process, the Company intends to appoint at least two new independent directors by its 2018 Annual Meeting of Stockholders. The appointment of new directors will coincide with an equal number of retirements from the existing Board. See the free research coverage on DECK at: www.wallstequities.com/registration/?symbol=DECK
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you’re a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
View original content:http://www.prnewswire.com/news-releases/quotidian-technical-highlights-on-selected-consumer-goods-stocks—-michael-kors-ralph-lauren-under-armour-and-deckers-outdoor-300564228.html
SOURCE Wall St. Equities
To post and circulate your own press release on FIR and the eTN Network please click here