Stock price when the opinion was issued
Is -19% this year, but peaked in January. It's a richly valued momentum stock, struggling in this market. Last week, they reported an excellent quarter: a big top and bottom line beat, accelerating revenue growth and strength outside North America. Gross margins beat, a huge EPS beat and issued solid full-year guidance. Net wholesale sales were up 29.1% and direct to consumer up 43.4%. Saw huge brand awareness growth last year.
Just reported a strong quarter. However, it was downgraded today and shares fell 10%, but it's still up 71% YTD. Loves their shoes because they are casual, but can be worn for other purposes too. Take some profits, but back those shares $5 lower later.