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SOURCE Analysts Review
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NEW YORK, May 2, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Coach, Inc. (NYSE: COH), Nike Inc. (NYSE: NKE), Skechers USA Inc. (NYSE: SKX), Deckers Outdoor Corp. (NASDAQ: DECK) and Iconix Brand Group, Inc. (NASDAQ: ICON). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1948-100free.
Coach, Inc. Analyst Notes
On April 29, 2014, Coach, Inc. (Coach) reported its financial results for Q3 FY 2014 (period ended March 29, 2014). Revenue decreased 7.4% YoY to c. $1.1 billion. Net income was $190.7 million or $0.68 per diluted share, compared to net income of $238.9 million or $0.84 per diluted share in Q3 FY 2013. Coach stated that during the quarter it repurchased and retired about 3.6 million shares of its common stock at an average cost of $47.99, spending a total of $175 million and taking the year-to-date total to $525 million. A quarterly cash dividend of c. $0.34 per common share was also declared by the Company's Board of Directors, maintaining an annual rate of $1.35. Coach informed that the dividend is payable on June 30, 2014 to shareholders of record as of the close of business on June 6, 2014. The full analyst notes on Coach are available to download free of charge at:
Nike Inc. Analyst Notes
On April 17, 2014, Nike Inc. (Nike) announced that Michelle A. Peluso has been appointed to the Company's Board of Directors. Nike said that Peluso is CEO of Gilt, an innovative online shopping destination. Commenting on her appointment, Philip H. Knight, Co-Founder and Chairman of NIKE remarked, "Michelle's leadership experience in marketing, branding, innovation and digital media for global brands makes her an outstanding addition to our board. We look forward to her contributions to expand NIKE's position as the world's leading athletic brand and industry innovator." The full analyst notes on Nike are available to download free of charge at:
Skechers USA Inc. Analyst Notes
On April 25, 2014, Skechers USA Inc. (Skechers) reported that it was named Fashion Footwear Brand of the Year at The Footwear Industry Awards. Skechers informed that this achievement follows a year when SKECHERS won multiple industry awards in the United States, including Running Design Excellence and Children's Design Excellence from Footwear Plus magazine and Footwear News Brand of the Year for the Skechers GO collection. The Company said that the most recent honor is SKECHERS' second consecutive win at The Footwear Industry Awards; the Skechers Performance Division was previously named Sports Brand of the Year in 2013. The full analyst notes on Skechers are available to download free of charge at:
Deckers Outdoor Corp. Analyst Notes
On April 28, 2014, Deckers Outdoor Corp. (Deckers) announced that members of its management team will be presenting at the R.W. Baird & Co. 2014 Growth Stock Conference to be held at the Four Seasons in Chicago, Illinois on May 7, 2014, at 10:20 a.m. CST. The Company added that a live audio webcast of the presentation can be accessed via its Investor Relations website. The full analyst notes on Deckers are available to download free of charge at:
Iconix Brand Group, Inc. Analyst Notes
On April 29, 2014, Iconix Brand Group, Inc.'s (Iconix) stock rose 0.35%, ending the day at $39.82. Over the previous three trading sessions, shares in Iconix climbed 2.39%. In comparison, the Nasdaq Composite declined 1.08% during the same period. The full analyst notes on Iconix are available to download free of charge at:
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