5 Best Consumer Stocks To Buy For 2015: Skullcandy Inc (SKUL)
Skullcandy, Inc., incorporated on May 20, 2005, is a designer, marketer and distributor of performance audio and gaming headphones and other accessory related products under the Skullcandy, Astro Gaming and 2XL by Skullcandy brands. The Company's products are sold and distributed through a variety of channels in the United States and approximately 80 countries worldwide. The Company is engaged in the distribution of headphones in specialty retailers focused on action sports and the youth lifestyle, such as Zumiez, Tillys and hundreds of independent snow, skate and surf retailers. It distributes through consumer electronics, mass, sporting goods and mobile phone retailers, such as Best Buy, Target, Dicks Sporting Goods and AT&T Wireless. Skullcandy products are also sold through its Website.
The Companys product line include dB Collecti; Mobility Collectio, which targets mobile channel with product features designed to work on cell phones and smartphon es, such as the Apple iPhone, and 2XL, which represents traditional sports, motor sports and hip-hop and rock and roll music. The Company sponsors athletes, disc jockeys (DJs), musicians, artists and events within all areas of action sports and the indie and hip-hop music genres. Through its Websites, skullcandy.com, skullcandy.tv, ca.skullcandy.com, eu.skullcandy.com, uk.skullcandy.com, 2xl.com, astrogaming.com, astrogaming.co.uk and astrogaming.fr listen to music by its sponsored artists, read blog updates on events, athletes, DJs, musicians and artists, and shop for Skullcandy and Astro Gaming products.
The Company competes with Sony, JVC, Bose, Beats by Dr. Dre, Nixon, adidas, Incase, Urbanears, Monster Cable Products, Sol Republic, iFrogz,Nike and Sennheiser.
Advisors' Opinion:- [By John Kell and Lauren Pollock var popups = dojo.query(".socialByline .popC"); ]
Skullcandy Inc.'s(SKUL) fourth-quarter ! earnings fell 69% as the headphones maker’s steps to improve pricing control had a negative impact on sales. Still, the results topped analysts’ estimates. Shares surged 25% to $9.27 premarket.
- [By Eric Volkman]
Skullcandy (NASDAQ: SKUL ) is undergoing quite a bit of adjustment in its corporate offices. Its CFO, Kyle Wescoat, has resigned to "pursue other opportunities" in his home region of Southern California. The company said it has launched a search for a successor; Wescoat will stay on through September or so while Skullcandy hunts for a replacement.
- [By Peter Graham]
The Q1 2015 earnings report for automotive, audio and consumer accessory distributor VOXX International Corp (NASDAQ: VOXX), a potential peer or performance benchmark of Harman International Industries Inc (NYSE: HAR), Skullcandy Inc (NASDAQ: SKUL) and Turtle Beach Corp (NASDAQ: HEAR), is due out after the market closes on Thursday. Aside from the VOXX International Corp earnings report, it should be said that Harman International Industries Inc reported Q3 2014 earnings on May 1st (they beat expectationsand raised their forecast on strong European automotive demand) and will report Q4 2014 earnings on August 7th; Skullcandy Inc reported Q1 2014 earnings on May 1st and will report Q2 2014 near the end of this month; and Turtle Beach Corp reported Q1 2014 earnings on May 12th. However, VOXX International Corps last earnings report was a train wreck that led to several analyst downgrades.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/5-best-consumer-stocks-to-buy-for-2015.html
No comments:
Post a Comment