NEW YORK, March 6, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting Deckers Outdoor Corp (NASDAQ: DECK), Crocs, Inc. (NASDAQ: CROX), Wolverine World Wide, Inc. (NYSE: WWW), NIKE, Inc. (NYSE: NKE) and Steven Madden, Ltd. (NASDAQ: SHOO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Deckers Outdoor Corp Research Report
Investors are running to Deckers after the company reported its financial results for the fourth quarter. For the quarter, the company's net sales increased by 2.2 percent to $617.3 million, with strong sales for the UGG brand on ecommerce websites. The company's Sanuk brand also increased 39.2 percent to $15.3 million. For the rest of 2013, Deckers expects full year revenue to grow by 7 percent over 2012. Moving forward, the company is making strategic investments like expanding its global retail footprint, hiring qualified leaders to its Asian subsidiaries, and boosting its sales and marketing programs. Shares for the company were up by 15 percent in recent trading. The Full Research Report on Deckers Outdoor Corp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/36fe_DECK]
Crocs, Inc. Research Report
Crocs CEO John McCarvel has laid out his plan to maintain his company's position as one of the top footwear makers in the industry. He cites $50 to $60 million growth in emerging markets, including new markets like Middle East, Brazil and South America. The company is also introducing innovative and interesting new products to attract customers. Last year, the company's line of golf shoes sold 150,000 pairs. For 2013, Crocs plans on rolling out a line of women's huarache shoes and molded boat shoes featuring vibrant and fun colors that are highly associated with the Crocs brand. Looking ahead, Crocs expects first quarter EPS of 32 cents to 34 cents on revenue of $305 million to $310 million. The Full Research Report on Crocs, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/1672_CROX]
Wolverine World Wide, Inc. Research Report
Wolverine is a favorite in the footwear industry with its diverse portfolio of strong brands. The company cites 2012 as a milestone year, with the company growing globally and expanding its direct-to-consumer platform. The company expects that its PLG acquisition should begin to show its benefits within the year, and the company is also further investing for organic growth. Seeing Wolverine's strong performance, Citigroup boosted its price target on Wolverine to $49 from $45. With popular brands in its portfolio and with continued strength in its core markets, Wolverine is expected to continue its momentum from last year. Full Research Report on Wolverine World Wide, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/3b9a_WWW]
NIKE, Inc. Research Report
Sportswear manufacturer Nike has completed sales of its Cole Haan affiliate brand to Apax Partners for $570 million. The company expects that this decision allows it to focus on new growth opportunities and also allows it to focus on complementing the NIKE brand. At present, Nike is continuing to market its brand by sponsoring athletes and events like Michelle Obama's Designed to Move campaign. It also continues to innovate in order to enhance its growth potential. Its latest offering is the spring collection for its Converse Chuck Taylor All Star brand. The Full Research Report on NIKE, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/39b8_NKE]
Steven Madden, Ltd. Research Report
Steve Madden recently reported strong fourth quarter results, with net sales increasing 12.8 percent to $315.5 million. The company's Steve Madden footwear and handbag divisions delivered well, and the SM Canada acquisition also helped boost sales. For the rest of the year, it is expected that the Steve Madden brand, as well as newer brands, will continue to drive sales and earnings growth. The company has also been investing in its ecommerce business and its bonus provisions for its accessories business. With continued strength in its core brand as well as initiatives to boost sales, Steven Madden is confident that it will perform well in the coming quarters. The Full Research Report on Steven Madden, Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/6095_SHOO]
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Contact: Patricia Byers