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Under Armour shares are up more than 5% at the time of writing after the athletic apparel and footwear retailer reported second quarter profit and sales that topped analysts’ estimates. The company posted earnings per share of $0.24 on revenue of $1.35 billion, beating expectations for earnings per share of $0.06 on revenue of $1.21 billion. “Under Armour is a prime example of a company that used a ‘COVID-Cover’ to refashion its business for multi-year success and ret...

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Tower Semiconductor (NASDAQ: TSEM): Tower Semiconductor shares rose as much as 5% yesterday after company reported second quarter earnings, posting 17% year-over-year revenue growth. “We are excited with the second quarter 2021 record revenue performance, leading to a third quarter revenue guidance of substantial continued growth, breaking a $1.5 billion annual run rate. We remain confident that we are serving th...

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Earnings per share is a useful, standardized method of describing a company’s profit in a given period on a per-share basis; but it is also a number that can be calculated a number of different way, which means that there is quite a bit of subjectivity a creative financial manager can inject in a company’s earnings. On the other hand, Net Income (income remaining after expenses) and Free Cash Flow (the cash left after operating expenses and capital expenditures) are generally more straigh...

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Featured Stock

Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, Other Asia, and internationally. The company operates through three segments: Coach, Kate Spade, and Stuart Weitzman. The company offers women’s accessories, including handbags, such as wallets, money pieces, wristlets, and cosmetic cases; novelty accessories comprising address books, time management and travel accessories, sketchbooks, and portfolios; and key rings and ...

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