Spencer Platt/Getty Images News Above: Trading on the NYSE has given the stock a far deeper penetration into the US retail and institutional investor pools. The transition of FLUT from trading in London to the NYSE in January signaled a coming bull scenario which we alluded to on February 7th in our Seeking Alpha post…
Ingenious Buddy Several large issuers debuted in the US this past week, and four IPOs joined the pipeline. Sports equipment and apparel maker Amer Sports (AS) priced below the range to raise $1.3 billion at a $6.4 billion market cap. The Finland-based company’s portfolio includes major brands like Arc’teryx, Salomon, Wilson, and Louisville Slugger, and…
eZeePics Studio/iStock Editorial via Getty Images Amer Sports Is Producing Accelerating Revenue Growth Amer Sports, Inc. (AS) has filed to raise $100 million in an IPO of its ordinary shares, according to an SEC F-1 registration statement, although the final amount may be much higher. Amer sells a variety of branded sports apparel and products…
Nikada Investment action I recommended a buy rating for Academy Sports and Outdoors (NASDAQ:ASO) stock when I wrote about it the last time, as I was positive about the 2H23 sales guidance and margin improvement outlook, which will drive valuation up. Based on my current outlook and analysis of ASO, I am downgrading from a…
onurdongel/iStock via Getty Images When Anta Sports Products Ltd. (OTCPK:ANPDF, OTCPK:ANPDY) (2020.HK) opened its first store in Bangkok late last month, it was following a game plan laid out years earlier by Chairman Ding Shizhong, who declared: “We don’t want to be China’s Nike, but the world’s Anta.” Since founding the company in 1991, Ding…
Everste Company Description Academy Sports and Outdoors (NASDAQ:ASO) – Consumer Discretionary – Specialty retailer Founded in 1938, Academy Sports And Outdoors (“the company”) is a sport, outdoor, and recreational goods retailer that offers a vast selection of value-priced goods in the United States. Currently, it operates 270 locations under the Academy Sports And Outdoors name,…
Jay Yuno Why Anta? Global sportswear leaders like Nike (NKE) and Adidas (OTCQX:ADDYY) have been able to generate high ROICs (>20%) in their peak years. I decided to analyse the Chinese footwear market to see if a similar trend could play out there and I found that ANTA Sports Products Limited (OTCPK:ANPDY) is the best…
Seth Love/iStock via Getty Images Investment Thesis Genius Sports Limited (NYSE:GENI) is a London-based provider of technology products and services to the sports, sports betting, and sport media industries globally. In other words, they offer sports leagues (such as the NBA or Premier League) the technology infrastructure for the collection, integration and distribution of live…
Madison Square Garden Sports Corp. (NYSE:MSGS) Q4 2023 Earnings Conference Call August 17, 2023 10:00 AM ET Company Participants Ari Danes – Investor Relations David Hopkinson – President and Chief Operating Officer Victoria Mink – Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants David Karnovsky – JPMorgan Brandon Ross – LightShed Partners…
Genius Sports Limited (NYSE:GENI) Q2 2023 Earnings Call Transcript August 7, 2023 8:00 AM ET Company Participants Brandon Bukstel – IR Manager Mark Locke – Co-Founder and CEO Nick Taylor – CFO Josh Linforth – MD, Media & Engagement Conference Call Participants Jason Bazinet – Citi Bernie McTernan – Needham & Company Ryan Sigdahl –…