Active wear has become popular this year and has grown into an acceptable form of attire for socializing as well as exercising. Find out which companies reaped the benefits of this trend in 2014 and which companies struggled to maintain momentum.
Whole Foods Market (NASDAQ: WFM) is a Austin, Texas based grocery store chain mostly known for its abundant selection of organic and natural food. Whole Foods operates over 400 stores throughout the US, Canada, and the United Kingdom. On Wednesday, November 5th, Whole Foods released their Q4 results.
Nike, Inc. (NYSE: NKE) is a Beaverton, Oregon based American multinational corporation that designs, develops, manufactures and sells athletic footwear, apparel, equipment and accessories for a wide variety of sports and activities. The sporting company released its first quarter earnings report on Thursday, September 25th and its results had investors excited.
Millennials, 14 to 34 year-olds, might still be bunking with their parents, but before you know it, they will be replacing generation X as one of the largest spenders in America. Millennials may not have a lot of money to spend now, but very soon they will be the largest spending population in the nation.
It’s the third day of the new year. So are you still on track to keep all of your 2014 resolutions? One of the top New Year’s resolutions is getting into shape and losing a few pounds. What better way to stay motivated than with some new gear and great kicks on your feet. Janney analyst Eric Tracy recognizes the appeal of the athletic industry and his financial recommendations about companies such as Nike (NIKE), Dicks Sporting Goods (DKS) and Deckers Outdoors Corp.(DECK) have earned him a 2.2% average return over S&P-500 and the 352 spot out of 2312 analysts.