NEW YORK, May 2, 2017 /PRNewswire/ --
For today, Stock-Callers.com has initiated coverage on Hanesbrands Inc. (NYSE: HBI), Under Armour Inc. (NYSE: UAA), Kate Spade & Co. (NYSE: KATE), and G-III Apparel Group Ltd (NASDAQ: GIII). Companies in the Textile Apparel Clothing industry are engaged in the design, development, and production of apparel and accessories. They are generally structured as corporations, and tend to offer below-average dividend yields. Learn more about these stocks by accessing their free research reports at:
Winston-Salem, North Carolina headquartered Hanesbrands Inc.'s shares finished Monday's trading session flat at $21.81. A total volume of 4.70 million shares was traded. In the last month and since the start of this year, the stock has advanced 5.31% and 1.87%, respectively. The Company's shares are trading above their 50-day moving average by 4.84%. Moreover, shares of Hanesbrands, which designs, manufactures, sources, and sells various basic apparels for men, women, and children in the US, have a Relative Strength Index (RSI) of 58.97.
On April 25th, 2017, Hanesbrands announced that its Board of Directors has declared a regular quarterly cash dividend of $0.15 per share to be paid on June 06th, 2017 for stockholders of record at the close of business May 16th, 2017. The cash dividend is the 17th consecutive quarterly return of cash to stockholders. Free research report on HBI is available at:
On Monday, shares in Baltimore, Maryland headquartered Under Armour Inc. recorded a trading volume of 9.17 million shares, which was above their three months average volume of 6.64 million shares. The stock ended the session 1.49% lower at $21.17. The Company's shares have gained 5.38% in the last one month, and are trading 5.89% above their 50-day moving average. Furthermore, 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 61.87.
On April 27th, 2017, Under Armour announced financial results for Q1 2017 ended March 31st, 2017. During the quarter, revenue was $1.1 billion; gross margin was 45.2%; selling, general, and administrative expenses were $498 million; and operating income was $8 million. Cash and cash equivalents for the quarter were $172 million, inventory was $902 million, and total debt was $861 million.
On April 28th, 2017, research firm UBS reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $22 a share to $23 a share. The complimentary research report on UAA can be downloaded at:
Shares in New York-based Kate Spade & Co. closed at $16.76, down 3.68% from the last trading session. The stock recorded a trading volume of 4.86 million shares, which was above its three months average volume of 4.27 million shares. The Company's shares are trading 10.86% below their 200-day moving average. Additionally, shares of Kate Spade, which together with its subsidiaries, designs and markets apparel and accessories, have an RSI of 20.62.
On April 18th, 2017, Kate Spade announced results for the first quarter ended April 01st, 2017. The Company reported net sales of $271 million; income from continuing operations of $1 million on a GAAP basis; diluted earnings per share from continuing operations of $0.01 using a normalized tax rate; and adjusted EBITDA of $30 million. Gross profit, as a percentage of net sales, was 63.2% for Q1 2017; and selling, general, and administrative expenses were $165 million. Visit us today and access our complete research report on KATE at:
New York-based G-III Apparel Group Ltd's stock ended 2.03% lower at $23.22 with a total trading volume of 595,164 shares. The Company's shares have advanced 7.05% in the last one month. The stock is trading below its 50-day moving average by 3.71%. Furthermore, shares of G-III Apparel Group, which designs, manufactures, and markets men's and women's apparel, have an RSI of 44.41. Get free access to your research report on GIII at:
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