Textile Stocks Under Scanner -- NIKE, Coach, Skechers, and Fossil

NEW YORK, March 15, 2017 /PRNewswire/ --

Companies in the Textile - Apparel Footwear and Accessories industry design, manufacture, and retail fashion products related to footwear, along with other equipment and accessories. They are structured as corporations and, on average, offer average dividend yields that are in-line with the wider market. Today, Stock-Callers.com takes note of the current performances of NIKE Inc. (NYSE: NKE), Coach Inc. (NYSE: COH), Skechers U.S.A. Inc. (NYSE: SKX), and Fossil Group Inc. (NASDAQ: FOSL). You can access our complimentary research reports on these stocks now at:

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NIKE  

Beaverton, Oregon headquartered NIKE Inc.'s stock finished Tuesday's session 1.08% higher at $57.28. A total volume of 9.29 million shares was traded, which was above their three months average volume of 9.17 million shares. Over the last month and the previous three months, the Company's shares have advanced 2.20% and 11.10%, respectively. Additionally, the stock has gained 13.04% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 5.04% and 6.41%, respectively. Moreover, shares of NIKE, which together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide, have a Relative Strength Index (RSI) of 62.22.

On February 28^th, 2017, NIKE announced plans to release its Q3 FY17 financial results on March 21^st, 2017, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE management will host a conference call beginning at 2:00 p.m. PT to review results. Visit us today and download your complete report on NKE for free at:

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Coach  

Shares in New York headquartered Coach Inc. rose 0.15%, ending yesterday's session at $38.97 with a total trading volume of 2.01 million shares. The stock has gained 3.29% in the past month, 1.92% in the previous three months, and 12.28% on an YTD basis. The Company's shares are trading 6.28% above their 50-day moving average and 4.60% above their 200-day moving average. Moreover, shares of Coach, which provides luxury accessories and lifestyle brands, have an RSI of 62.90.

On February 17^th, 2017, Coach announced that its Board of Directors has declared a quarterly cash dividend of $0.3375 per common share. The dividend is payable on April 03^rd, 2017, to shareholders of record as of the close of business on March 10^th, 2017. The complimentary research report on COH can be accessed at:

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Skechers  

On Tuesday, Manhattan Beach, California headquartered Skechers U.S.A. Inc.'s stock saw a decline of 1.13%, to close the day at $26.16 with a total trading volume of 1.35 million shares. The Company's shares have advanced 6.43% on an YTD basis. The stock is trading 3.28% and 3.68% above its 50-day and 200-day moving averages, 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 53.63.

On March 14^th, 2017, Skechers Performance™, a division of SKECHERS USA, and Conqur Endurance Group, the organizer of the Skechers Performance Los Angeles Marathon, announced a multi-year partnership extension of Skechers Performance's title sponsorship of the Los Angeles Marathon. Last year marked the inaugural year of Skechers Performance's title sponsorship. Register for free on Stock-Callers.com and download the PDF research report on SKX at:

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Fossil  

Shares in Richardson, Texas headquartered Fossil Group Inc. ended the day 0.79% higher at $16.51 with a total trading volume of 1.41 million shares. The stock is trading below its 50-day moving average by 27.09%. Shares of the Company, which together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories, have an RSI of 26.57.

On February 14^th, 2017, the Company reported net income of $49.7 million for Q4 2016 compared to $70.4 million for Q4 2015. Diluted earnings per share were $1.03 compared to $1.46 in Q4 2015. During Q4 2016, the stronger US dollar negatively impacted net sales by $18.3 million. Fossil's Q4 2016 net sales decreased 3% (2% on a constant currency basis) as compared to Q4 2015.

On March 03^rd, 2017, research firm Macquarie reiterated its 'Underperform' rating on the Company's stock with a decrease of the target price from $16 a share to $12 a share. Get free access to your research report on FOSL at:

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