UPON FURTHER REVIEW
The considered view, once the noise settles.
Every company under dedicated coverage gets an Upon Further Review report each quarter, typically within 3–5 business days of its earnings call. It goes well beyond the sell-side’s earnings recaps: what actually changed, what it means, and an updated financial model. Included in both paid plans.
DEEP DIVES
Original research you won’t find anywhere else.
At least twice a year for every company under dedicated coverage, a Deep Dive goes well beyond the earnings calls, with store visits, channel checks and primary research that most of the sell-side no longer has time to do. Included in the $500 plan.
Why the sell-side rarely does this: read Confessions of a Sell-Side Analyst →
This Deck Is Stacked In Investors Favor
Every bear worry from last year proved wrong, yet Deckers stock hasn't moved despite about 20% higher earnings.
Western Investors Rarely Dig Into Asia…
Store checks at athletic retailers in Hong Kong and Japan: HOKA, On and Arc'teryx look strong while Nike is heavily discounted in Japan.
Dick’s Media Network: Pump Up The Volume
Dick's Media Network is starting to lift gross margin for the first time, which could push margins past their usual ceiling.
Row, Row, Row Your Co…Life Is But A Dream
Williams-Sonoma's multi-brand model covers more of the home furnishings market than any peer, a rare competitive advantage.
Some Moats Don’t Work For Everything
Why laminate and vinyl flooring have become too commoditized for Floor & Decor's model, and why top investors left.
Nike Must Protect This House!
Nike's soft World Cup push in soccer risks handing US ground to Adidas just as the tournament comes to America.
We Have Sense Tec Isn’t There Yet In Apparel
Why On needs its own stores to succeed in apparel, since wholesale rarely explains innovative clothing to shoppers.
CUE The Cyclical Nature Of This Company
Parallels to Tractor Supply's 2016-17 sell-off, as its 'needs-based' categories look more discretionary than claimed.
Chip’s Plan B: Amer Sports + Lululemon?
Why conglomerates usually fail in athletic brands, why Amer is different, and the case for Amer bidding for Lululemon.
Marti Morfitt Needs To “Shake It Off”
Why Lululemon's board chair and board are repeating Nike's strategic mistakes, and what that means for the proxy fight.
Is The Teacher Surpassing The Student?
ASICS keeps matching or beating Nike on major marathon podiums; a deep look at its performance running business.
London Calling: Adidas Declares War
How Adidas is outpacing Nike in running and soccer heading into the World Cup.
Its Not A Sprint: Half Brands For Half Marathon
Is Merrell and Saucony's recent success lasting, or just a strong outdoor footwear cycle that competitors are now chasing?
After Love Is Gone: Is Yesterday All We Had?
Is Canada Goose more than a niche outerwear brand? Why its costly year-round store expansion story is hard to believe.
Putting “Hard” In Hardware, “Ouch” In Couch
4Q25 was RH's first quarter since 2014 with no adjustments to operating income, and what that rare change may signal.
It’s Time To Go Outdoors But Where Is Arhaus?
Arhaus talks up its outdoor collection but hasn't released an outdoor catalog; how its outdoor and bath businesses compare with RH.
Flooring At Half Off: Has Worked Before…
Floor & Decor's post-IPO margin slump offers a playbook for today's 50% drawdown, also tied to distribution center expansion.
“Under Armour Is Unique. It Just Is”
Under Armour still has an authentic brand built on creating, not copying; can the turnaround finally turn that into results?
Columbia Relevant? Does A Bear Scat In Woods?
Columbia's solid niche outerwear business has broader appeal than hyped peers, making it a possible 2026 turnaround story.
“We're Building A Restaurant Company”
RH's restaurant push, compared with Ralph Lauren's Chicago spot, plus our visit to RH Paris.