After speaking with Hedgeye clients for three weeks after our Coach Best Idea Long Black Book, I am absolutely convinced that virtually nobody has done the math on License optionality. Coach has only 4 licenses left. KATE has 22. Consolidation and rate-renegotiation is written in the cosmos. Accelerating EBIT with minimal capital charge = 1,000bp ROIC acceleration and $0.40 earnings beat next year. Remember RL/Farrah in the 2000’s? #HistoryRepeating
We're hosting a call to dig deep on this one on Wednesday. I'm pushing the UnderArmour call previously scheduled for this week until 4 days before the UA print.
Call Details
Time: Wednesday October 11th, 2PM EDT
Toll Free:
Toll:
UK: 0
Confirmation Number: 13671234
Live Video and Slide Deck: CLICK HERE
UAA Black Book will now be on Oct 25th. Call details to come.
