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Athletic Apparel Retailer Set to Report Q4 Earnings Results Friday

July 22, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Jim Cramer says he’s concerned that Finish Line will once again will disappoint when it releases fourth quarter earnings results Friday before the open. He says the last few times Finish Line has reported, it really deviated from Foot Locker and Nike, both of which were very strong. If Finish Line does disappoint, Cramer says you can circle back to Nike which had an excellent quarter, you can circle back to Under Armour which a lot of people feel has gotten too overinflated, you can circle back to Skechers which is probably the strongest in the group and has a multi-year story to tell. Finally, you can circle back to Lululemon because as we thought, the ports and the weather were responsible for a lot of the weakness. Cramer says the secular trend toward yoga is very strong and 2016 will be Lululemon’s year.

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