What's Happening With These Textile Stocks? -- Foot Locker, NIKE, Skechers USA., and Deckers Outdoor

NEW YORK, Jan. 5, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on FL, NKE, SKX, and DECK which can be accessed for free by signing up to http://www.wallstequities.com/registration. Research reports have been issued by WallStEquities.com on Foot Locker Inc. (NYSE: FL), NIKE Inc. (NYSE: NKE), Skechers USA Inc. (NYSE: SKX), and Deckers Outdoor Corp. (NYSE: DECK). These companies are part of the Textile - Apparel Footwear and Accessories space, which designs, manufactures, and retails fashion products related to footwear, along with other equipment and accessories. All you have to do is sign up today for this free limited time offer by clicking the link below. http://www.wallstequities.com/registration

Foot Locker

On Thursday, shares in New York headquartered Foot Locker Inc. saw a decline of 3.26%, ending the day at $46.31. The stock recorded a trading volume of 3.98 million shares. The Company's shares have advanced 1.20% in the last one month and 36.81% over the previous three months. The stock is trading above its 50-day moving average by 18.28%. Moreover, shares of Foot Locker, which through its subsidiaries, operates as an athletic shoes and apparel retailer, have a Relative Strength Index (RSI) of 59.60.  

On December 15^th, 2017, research firm Canaccord Genuity upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $42 a share to $64 a share. Get the full research report on FL for free by clicking below at: http://www.wallstequities.com/registration/?symbol=FL

NIKE

Shares in Beaverton, Oregon headquartered NIKE Inc. ended the day 0.06% lower at $63.44 with a total trading volume of 5.78 million shares. In the last month and the previous three months, the stock has gained 5.56% and 21.81%, respectively. Additionally, the Company's shares have advanced 19.54% over the past one year. The stock is trading above its 50-day and 200-day moving averages by 6.74% and 13.40%, respectively. Furthermore, shares of NIKE, which together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide, have an RSI of 60.65. 

On December 21^st, 2017, NIKE reported financial results for its Q2 FY18 ended November 30^th, 2017. Revenues for the quarter increased to $8.6 billion; gross margin declined to 43.0%; and selling and administrative expense increased to $2.8 billion. Net income for Q2 FY18 decreased to $767 million; inventories were $5.3 billion; and cash and equivalents and short-term investments were $6.4 billion.

On December 26^th, 2017, research firm DA Davidson reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $68 a share to $78 a share. Today's complimentary research report on NKE is accessible at: http://www.wallstequities.com/registration/?symbol=NKE

Skechers USA

At the close of trading on Thursday, shares in Manhattan Beach, California headquartered Skechers USA Inc. finished 1.24% lower at $38.25 with a total trading volume of 2.52 million shares. The stock has advanced 8.73% in the last month, 54.36% over the previous three months, and 49.36% over the past year. The Company's shares are trading above their 50-day and 200-day moving averages by 10.16% and 33.76%, respectively. Additionally, shares of Skechers, which designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers GO brand worldwide, have an RSI of 65.22.

On December 15^th, 2017, research firm Argus upgraded the Company's stock rating from 'Hold' to 'Buy'. Register now for your free research document on SKX at: http://www.wallstequities.com/registration/?symbol=SKX

Deckers Outdoor

Goleta, California headquartered Deckers Outdoor Corp.'s shares recorded a trading volume of 444,351 shares at the end of yesterday's session. The stock closed the day 0.49% lower at $78.96. The Company's shares have advanced 2.55% in the past month, 14.07% in the previous three months, and 35.86% over the past one year. The stock is trading above its 50-day and 200-day moving averages by 7.67% and 19.48%, respectively. 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 60.55.  

On December 14^th, 2017, Deckers Outdoor, which operates as Deckers Brands, announced that, based on the preliminary vote count following its 2017 Annual Meeting of Stockholders, it appears that stockholders have voted to re-elect all of the Company's directors - John M. Gibbons, Karyn O. Barsa, Nelson C. Chan, Michael F. Devine III, John G. Perenchio, David Powers, James E. Quinn, Lauri M. Shanahan and Bonita C. Stewart - to its Board. The Company will file the final voting results on a Form 8-K with the Securities and Exchange Commission as soon as practicable.

On January 02^nd, 2018, research firm Jefferies downgraded the Company's stock rating from 'Buy' to 'Hold'. Click on the link below and see our free report DECK at: http://www.wallstequities.com/registration/?symbol=DECK

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