Seeking Alpha
28 Oct 2026, 14:51 UTC · 47m ago
Parnassus Mid Cap Fund Q3 2026 Portfolio Review
Impact · against what's priced in
The portfolio review provides no new catalysts for PNR or DKS, as the fund's divestment and the negative outlook for Foot Locker are already fully reflected in current valuations. Cboe Global Markets shows positive momentum via diversification into data services, which remains a primary driver of its growth.
- DKS−0.05
Already priced in
- The price assumes
The reversal of Foot Locker from an expected $110M–$150M operating profit to a $40M–$80M loss
The reported price drop driven by losses at the acquired Foot Locker business is already reflected in the current price's assumption of a $40M–$80M loss.
What DKS's price assumes · Sep 13
