How These Consumer Goods Stocks are Faring? -- GoPro, Callaway Golf, Mohawk Industries, and Sportsman's Warehouse

NEW YORK, November 29, 2016 /PRNewswire/ --

Companies in the Consumer Goods sector are engaged in the manufacturing and sale of products that are purchased for recreational or personal consumption. Challenges faced by these firms include the evolving tastes of customers, declining brand loyalty, and economic uncertainty. Today, Stock-Callers.com shifts investors' attention back to the following equities: GoPro Inc. (NASDAQ: GPRO), Callaway Golf Co. (NYSE: ELY), Mohawk Industries Inc. (NYSE: MHK), and Sportsman's Warehouse Holdings Inc. (NASDAQ: SPWH). Register now and get full and free access to our downloadable research reports on these stocks at:

http://stock-callers.com/registration

GoPro  

San Mateo, California headquartered GoPro Inc.'s stock finished Monday's session 0.81% lower at $9.81 with a total trading volume of 2.60 million shares. Shares of the Company, which develops and sells mountable and wearable cameras, and accessories in the US and internationally, are trading 21.45% below their 200-day moving average. The stock has a Relative Strength Index (RSI) of 22.13.

On November 8^th, 2016, GoPro announced the recall of the approximately 2500 Karma drones purchased by consumers since October 23^rd, 2016. The recall was announced after GoPro discovered that in a very small number of cases, Karma units lost power during operation. No related injuries or property damage have been reported. Owners of Karma can return their units to GoPro, or their place of purchase, for a full refund. Replacement units are not being offered. GoPro plans to resume shipment of Karma as soon as the issue is resolved.

On November 9^th, 2016, research firm Wedbush downgraded the Company's stock rating from 'Outperform' to 'Neutral'. The research firm also revised downwards its previous target price from $12 to $9. Access our complete research report on GPRO for free at:

http://stock-callers.com/registration/?symbol=GPRO

Callaway Golf  

On Monday, shares in Carlsbad, California-based Callaway Golf Co. recorded a trading volume of 478,732 shares. The stock ended the session 0.80% lower at $12.34. The Company's shares have advanced 22.06% in the last one month, 7.68% in the previous three months, and 31.41% on an YTD basis. The stock is trading 9.24% above its 50-day moving average and 19.99% above its 200-day moving average. Moreover, shares of Callaway Golf, which together with its subsidiaries, designs, manufactures, and sells golf clubs, golf balls, golf bags, and other golf-related accessories, have an RSI of 67.19.

On November 21^st, 2016, Perry Ellis International (PEI) announced the extension of its license agreement with Callaway Golf. After commencing a long-term partnership in 2009, PEI will continue to design, produce, and distribute men's and women's golf-lifestyle apparel across North America, South America, Europe, the Middle East, and Africa. The complimentary research report on ELY can be downloaded at:

http://stock-callers.com/registration/?symbol=ELY

Mohawk Industries  

Shares in Calhoun, Georgia headquartered Mohawk Industries Inc. closed the day 0.81% lower at $199.37. The stock recorded a trading volume of 411,045 shares. The Company's shares have gained 7.37% in the last month and 5.27% on an YTD basis. The stock is trading 1.41% and 1.91% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Mohawk Industries, which designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide, have an RSI of 56.04.

On November 3^rd, 2016, Mohawk Industries announced Q3 2016 record net earnings of $270 million and diluted earnings per share (EPS) of $3.62, a 25% increase versus Q3 2015. The company's net sales for the reported quarter were $2.3 billion, up 7% versus Q3 2015. For Q3 2015, net sales were $2.15 billion, net earnings were $215 million, and EPS was $2.89. Register for free on Stock-Callers.com and get access to the latest PDF format report on MHK at:

http://stock-callers.com/registration/?symbol=MHK

Sportsman's Warehouse  

At the close, shares in Midvale, Utah headquartered Sportsman's Warehouse Holdings Inc. ended the day at $9.10, rising 2.71%. The stock recorded a trading volume of 698,618 shares, which was above its three months average volume of 439,740 shares. The Company's shares are trading below their 50-day moving average by 6.01%. Furthermore, shares of Sportsman's Warehouse Holdings, which together with its subsidiaries, operates as an outdoor sporting goods retailer in the US, have an RSI of 50.67.

On November 17^th, 2016, Sportsman's Warehouse announced that it is expanding its operations to include new retail locations in Yuma, Arizona; Henderson, Nevada; and     Eureka, California. It is anticipated that these stores will open in H1 2017. With these planned openings Sportsman's Warehouse will operate 82 stores in 22 states. Download your free research report on SPWH at:

http://stock-callers.com/registration/?symbol=SPWH

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number:  +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA