|Bid||108.01 x 800|
|Ask||108.50 x 800|
|Day's range||105.08 - 109.69|
|52-week range||105.00 - 179.10|
|Beta (5Y monthly)||0.96|
|PE ratio (TTM)||28.50|
|Earnings date||22 Jun 2022 - 27 Jun 2022|
|Forward dividend & yield||1.22 (1.15%)|
|Ex-dividend date||03 Jun 2022|
|1y target est||163.52|
The shoe retailer bucked the retail trend and rose despite a year-over-year earnings decline. Here's why.
This year has been a trying time for growth investors, as a wide swath of growth stocks has taken a sharp tumble. The Nasdaq Composite Index is down nearly 28% year to date, plunging the bellwether technology stock index into its second bear market since 2020. While the Federal Reserve's recent interest rate hike of 0.5% -- the sharpest increase in the last 22 years -- was the immediate trigger, the four-decade high inflation and the monthslong global supply-chain issues have been the real culprits behind the slowing economy.