Latest news with #JonathanMatuszewski
Yahoo
3 days ago
- Business
- Yahoo
Academy Sports + Outdoors Forge Ahead With 3 New Doors
Academy Sports + Outdoors continues to grow its store base. The sporting goods and outdoor recreation retailer has opened two new doors in the second quarter and a third that's forthcoming later this month, bringing the total new stores opened to seven across six states thus far in 2025. More from WWD Obermeyer's New CEO Sets Sights on Female Hunters and Anglers Inside Allbirds' Refreshed Store Concept Designed to Make It 'Easier to Shop' Lingerie Label Ysé Opens First London Store on King's Road The two new locations opened this month are in Fort Walton Beach, Fla., and Midlothian, Vir., with a third door slated to open in Morgantown, W. Vir., later this month. Included in the seven new stores opened this year are the retailer's first stores in Pennsylvania and Maryland. The retailer is one of the few retailers that has steadily been expanding its store base. It opened 14 new doors across six states in 2023, followed by 16 new sites in 10 different states in 2024. The company plans to open between 160 to 180 new locations over the next five years, and has plans to open between 20 to 25 new stores this year. In March, the retailer said it is expanding its Nike partnership and adding the Jordan brand into its stores and online. It also debuted the Converse brand in January. As part of its focus on local communities, the retailer's store opening celebrations at each new store included hosting donation shopping sprees with local non-profits, such as the Boys & Girls Clubs of The Emerald Coast and Boys & Girls Clubs of Metro Richmond in Fort Walton Beach and Midlothian. The events included exclusive deals and giveaways for the entire family. 'Academy Sports + Outdoors' generous donations have already made a significant impact in our local community by not only providing essential equipment but also breaking down financial barriers that often prevent kids from participating in sports and outdoor activities,' Shervin Rassa, CEO of the Boys & Girls Clubs of the Emerald Coast, said. 'This support directly enhances our Triple Play program, which promotes daily physical activity and an overall healthy lifestyle. We are excited to continue our partnership by helping more young people stay active, build confidence, and enjoy sports and outdoor fun.' Academy, which sells apparel, footwear and sporting equipment across a myriad of categories and both national brands and private label, also offers free services such as bike assembly. National brands include Nike, Adidas, L.L. Bean, Carhartt, and Brooks, among others. Private label brands include Magellan Outdoors, Freely, R.O.W., BCG, H2OX, Redfield, and Mosaic. The company said the three new stores are expected to bring 'nearly 200 total new jobs' to their local communities. Jefferies analyst Jonathan Matuszewski said last month that the retailer could benefit from newness in footwear and its growing loyalty program, as well as potentially capture the trade-down customer. The company in March named Sumit Anand as its chief information officer. Best of WWD All the Retailers That Nike Left and Then Went Back Mikey Madison's Elegant Red Carpet Shoe Style [PHOTOS] Julia Fox's Sleekest and Boldest Shoe Looks Over the Years [Photos]
Yahoo
24-04-2025
- Business
- Yahoo
Wayfair Inc. (W): Among Billionaire George Soros' Small-Cap Stocks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where Wayfair Inc. (NYSE:W) stands against Billionaire George Soros' other small-cap stocks with huge upside potential. When a legendary investor like George Soros makes a move, Wall Street pays attention. However, most of the limelight is taken by mega-cap stocks, with no one paying heed to the many small-cap stocks that form an important part of Soros' portfolio. Digging out these small-cap stocks is important. In some cases, these are the mega-cap stocks of the future. In other cases, these provide amazing returns in a very short period of time. The key is to get in early. And what better way to get in early than to do it when the big guys do. We therefore decided to compile a list of stocks in billionaire George Soros' portfolio that have the most upside. To come up with our list of billionaire George Soros' 10 Small-Cap stocks with huge upside potential, we first looked at his top 50 stock holdings. We then filtered out the companies to look at only the ones with a market cap below $10 billion. After arriving at his top small-cap holdings list, we then looked at the median analyst price targets on those stocks and then ranked them by their upside potential. An elegant home décor with a stunning furniture piece, showcasing the company's premium online selections. Wayfair Inc. (NYSE:W) operates an e-commerce business. The company provides online selections of housewares, furniture, décor, and home improvement products. It sells its products under the Mercury Row and Three Posts brands. According to the median analyst price target, the stock still has an upside of 67.64%. The online retailer recently launched a new program, Wayfair Verified. According to the company, this program is designed to simplify online shopping. It aims to reduce the uncertainty in online furniture shopping by verifying high-quality products. This initiative aims to improve customer satisfaction and confidence by highlighting approved products. Wayfair Inc. (NYSE:W) earned an upgrade last month by Jefferies from Hold to Buy. Analyst Jonathan Matuszewski's target price points to a 42% potential upside from the current price level. This upgrade was based on strong growth in the housing market, mainly in the West, its new loyalty program, share gains, and the company's solid offline and online presence. Jefferies analyst Jonathan Matuszewski highlighted Wayfair's growth potential by saying: 'Bottom-line, at 14.2x 2025 EBITDA, we view the medium-term growth algorithm of double-digit percentage sales growth and a path towards double-digit percentage EBITDA margins attractive.' Overall, W ranks 5th on our list of billionaire George Soros' small-cap stocks with huge upside potential. While we acknowledge the potential of W as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than W but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
