Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Foot Locker has been working hard to reduce its dependence on Nike and offer a broader set offerings over its channels categories and brands that have been yielding positive results.</li><li>The partnership of Foot Locker with Puma continues to drive heat in the basketball categories as MB.01 remains the best-selling shoe in the company.</li><li>It now has the brand worldwide in 95 doors, and it continues to grow its presence of the brand with robust results.</li></ul>

Foot Locker has been working hard to reduce its dependence on Nike and offer a broader set offerings over its channels categories and brands that have been yielding positive results.The partnership of Foot Locker with Puma continues to drive heat in the basketball categories as MB.01 remains the best-selling shoe in the company.It now has the brand worldwide in 95 doors, and it continues to grow its presence of the brand with robust results.

Foot Locker Inc: Partnership With Adidas & Other Drivers

Equity Capital Markets

<ul><li>Like most of its footwear retail peers, Foot Locker also faced severe supply chain challenges throughout 2021.</li><li>The macro trends have been working in favor of Foot Locker given the post-pandemic recovery of physical retail.</li><li>We give Foot Locker a ‘Hold’ rating with a revised target price.</li></ul>

Like most of its footwear retail peers, Foot Locker also faced severe supply chain challenges throughout 2021.The macro trends have been working in favor of Foot Locker given the post-pandemic recovery of physical retail.We give Foot Locker a ‘Hold’ rating with a revised target price.

Foot Locker Inc.: Financial & Price Forecasts

<ul>
<li>Foot Locker's had another fantastic performance for the third quarter as they comped a good back-to-school season from last year, fought supply chain problems and delivered impressive bottom-line results.</li>
<li>They also completed the WSS acquisition during the quarter and, after the quarter-end, closed the Atmos transaction as well, bringing both of these great companies within the Foot Locker family of brands.</li>
<li>The company was recently in the news for the launch of its first proprietary womenswear brand, Cozi, that will be available globally and exclusively at Foot Locker and Champs Sports.</li>
</ul>


Foot Locker's had another fantastic performance for the third quarter as they comped a good back-to-school season from last year, fought supply chain problems and delivered impressive bottom-line results.
They also completed the WSS acquisition during the quarter and, after the quarter-end, closed the Atmos transaction as well, bringing both of these great companies within the Foot Locker family of brands.
The company was recently in the news for the launch of its first proprietary womenswear brand, Cozi, that will be available globally and exclusively at Foot Locker and Champs Sports.


Expert on Japan Retail and Consumer Markets, JapanConsuming

Michael Causton

Expert on Japan Retail and Consumer Markets

Real Insight on Japanese Consumer Markets

JapanConsuming

JapanConsuming is a specialist research firm producing intelligence on Japanese retail and consumer markets. Founded in 2000, JapanConsuming has become the leading provider of insights on Japanese retailers and consumer trends to retailers, brands, government agencies and investors. As well as a highly regarded monthly report on the market, JapanConsuming produces in-depth reports on retail sectors, seminars on key trends and telephone consulting to investors on trends and retailers.

JapanConsuming was founded by Michael Causton and Roy Larke. 

Event-Driven

<p><a href="https://www.smartkarma.com/entities/foot-locker-inc" target="_blank" data-smartkarma-citation="entities:10252:1" rel="noopener">Foot Locker Inc (FL US)</a> sees a major opportunity to expand in Asia but wants local expertise. It has acquired Text Trading, which runs Atmos, the small premium Japanese sneaker chain, as much for its founder as for the chain itself.</p>

Foot Locker Inc (FL US) sees a major opportunity to expand in Asia but wants local expertise. It has acquired Text Trading, which runs Atmos, the small premium Japanese sneaker chain, as much for its founder as for the chain itself.

<ul>
<li>Foot Locker has experienced outstanding second-quarter results in 2021, showing excellent signs of recovery as well as deep customer engagement and strong vendor partnerships.</li>
<li>The company delivered a 6.9% comp gain on top of the 18.6% gain in the second quarter of 2020.</li>
<li>Overall, we are optimistic about Foot Locker, and we give the stock a 'Buy rating with a revised target price.</li>
</ul>


Foot Locker has experienced outstanding second-quarter results in 2021, showing excellent signs of recovery as well as deep customer engagement and strong vendor partnerships.
The company delivered a 6.9% comp gain on top of the 18.6% gain in the second quarter of 2020.
Overall, we are optimistic about Foot Locker, and we give the stock a 'Buy rating with a revised target price.


United States

Foot Locker, Inc. is primarily a mall-based athletic retailer that operates athletic retail stores in countries located in North America, Europe, and Australia.  The Company provides athletic footwear and apparel through its Foot Locker, Lady Foot Locker, Kids Foot Locker, and Champs Sports retail stores. Foot Locker also operates a direct-to-consumer channel, Footlocker.com/Eastbay.

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Foot Locker Inc (FL US)

Foot Locker Inc: Partnership With Adidas & Other Drivers

Foot Locker has been working hard to reduce its dependence on Nike and offer a broader set offerings over its channels categories and brands that...

Baptista Research

Foot Locker Inc.: Financial & Price Forecasts

Like most of its footwear retail peers, Foot Locker also faced severe supply chain challenges throughout 2021. The macro trends have been working...

Baptista Research

Foot Locker Inc. - Investment Thesis

Foot Locker's had another fantastic performance for the third quarter as they comped a good back-to-school season from last year, fought supply...

Baptista Research

Foot Locker Buys Atmos

Foot Locker has big plans in Asia and to secure a base has bought the renowned Japanese footwear retailer, Atmos – as much for its founder as for...

Michael Causton

Foot Locker Inc. - Investment Thesis

Foot Locker has experienced outstanding second-quarter results in 2021, showing excellent signs of recovery as well as deep customer engagement...

Baptista Research

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