Apparel Stores

(JWN) Nordstrom Misses Earnings Estimates

Upscale department store operator, Nordstrom Inc. (JWN) reported first-quarter fiscal 2013 earnings of 73 cents per share, missing the Zacks Consensus Estimate of 76 cents. However, quarterly earnings rose 4.3% from the year-ago earnings...

10Jul2013 | | Comments Off on (JWN) Nordstrom Misses Earnings Estimates | Continued

(ROST) Ross Stores Prosper in April

Ross Stores Inc. (ROST), one of the largest off-price apparel and home fashion chain retailers in the U.S., reported better-than-expected same-store sales (comps) for the 4 weeks ended May 4, 2013.

Ross Stores’ comps for...

23Jun2013 | | Comments Off on (ROST) Ross Stores Prosper in April | Continued

(GPS) Gap Hits New 52-Week High

Shares of Gap Inc. (GPS) soared to a new 52-week high of $41.43 on Friday, May 10, after it reported strong April 2013 comparable-store sales (comps) performance and provided upbeat guidance for first-quarter fiscal 2013. The premier...

3Jun2013 | | Comments Off on (GPS) Gap Hits New 52-Week High | Continued

(GPS) Gap Posts Strong April Comparable Store Sales

Gap Inc. (GPS) reported comparable-store sales (comps) increase of 7% for the 4 weeks ended May 4, 2013 compared with a 2% decline registered for the 4 weeks ended May 5, 2012, driven by strong results at its namesake Gap and Old Navy...

23May2013 | | Comments Off on (GPS) Gap Posts Strong April Comparable Store Sales | Continued

(JWN) Nordstrom Plans Rack Store Openings

Nordstrom Inc. (JWN) unfolded its plans to open 2 new Nordstrom Rack stores, one at Gallery on the Parkway in Dallas, Texas and the other at Station Park in Farmington, Utah, which are scheduled to open to public in fall 2013.

With...

2May2013 | | Comments Off on (JWN) Nordstrom Plans Rack Store Openings | Continued

(CATO) Does April Look Promising for Retailers?

After a disappointing sales performance in March, it remains to be seen how things are shaping up for retailers in April. Higher Social Security Payroll taxes, unexpected cold weather and political gridlock and brinkmanship dampened the mood of shoppers in March. Retail sales fell 0.4% last month,...

2May2013 | | Comments Off on (CATO) Does April Look Promising for Retailers? | Continued

(LTD) Limited Brands’ Comparable Store Sales Up 3%

Limited Brands Inc. (LTD), a specialty retailer of women’s intimate and other apparel, beauty and personal care products, posted comparable-store sales growth of 3% for the five-week period ended Apr 6, 2013, that betters analyst...

27Apr2013 | | Comments Off on (LTD) Limited Brands’ Comparable Store Sales Up 3% | Continued

(GPS) Gap Reports Weak March Comparable-store Sales

As expected earlier, a calendar shift in Easter timings adversely impacted Gap Inc.’s (GPS) comparable-store sales (comps) results for the 5-week period ended on Apr 6. The company reported a negative 1% comps performance for the...

21Apr2013 | | Comments Off on (GPS) Gap Reports Weak March Comparable-store Sales | Continued

(MW) JinkoSolar Holding Company Panels for South African Project

JinkoSolar Holding Co., Ltd. (JKS) has entered into an agreement with a well-recognized solar project developer (the “Developer”). Per the terms of the agreement, the company will supply high-efficiency solar panels totaling...

18Apr2013 | | Comments Off on (MW) JinkoSolar Holding Company Panels for South African Project | Continued

(JWN) Nordstrom Branches Out in Canada

In furtherance of its international expansion plans, Seattle-based Nordstrom Inc. (JWN) announced that it has identified a new store location in Canada, at Toronto’s Yorkdale Shopping Centre as reported by the Wall Street Journal....

18Apr2013 | | Comments Off on (JWN) Nordstrom Branches Out in Canada | Continued

(GPS) Gap Analyst Downgrades Shares to Neutral

We have downgraded our long-term recommendation on Gap Inc. (GPS) to Neutral in anticipation of a possible rise in input costs and increasing inventory level, which may slow down the company’s sales and margin growth trends. This...

28Mar2013 | | Comments Off on (GPS) Gap Analyst Downgrades Shares to Neutral | Continued

(LTD) Retail Industry Stock Outlook – March 2013 – Zacks Analyst Interviews

Retailers procure goods in large quantities directly from manufacturers or wholesalers and sell these in smaller quantities to customers through retail shops or online. As consumer spending is the key to the viability of any economy, the health of the retail industry is an important economic indicator.

As...

23Mar2013 | | Comments Off on (LTD) Retail Industry Stock Outlook – March 2013 – Zacks Analyst Interviews | Continued

(LTD) Limited Brands Hikes Dividend

Limited Brands Inc. (LTD) is an interesting option for investors seeking both growth and income. This specialty retailer of women’s intimate and other apparels yesterday announced its decision of a dividend hike, following which...

21Feb2013 | | Comments Off on (LTD) Limited Brands Hikes Dividend | Continued

(JWN) Nordstrom Sketches New Store Plans

Following last week’s store opening plans, Seattle-based Nordstrom Inc. (JWN), is now looking forward to inaugurating two more Nordstrom Rack stores at different locations in the U.S. by fall of 2013. These new Rack stores will be...

16Jan2013 | | Comments Off on (JWN) Nordstrom Sketches New Store Plans | Continued

(GPS) Gap Back on Growth Trajectory

Gap Inc. (GPS) witnessed considerable recovery in its comparable sales and total sales performance, driven by its relentless endeavors to keep itself on the growth trajectory. The company’s efforts have paid off well in an economy,...

1Jan2013 | | Comments Off on (GPS) Gap Back on Growth Trajectory | Continued

(DSW) DSW Incorporated – A Strong Buy

Gaining momentum from the recovery at its stores post the devastation caused by Hurricane Sandy, leading footwear and accessories retailer, DSW Inc. (DSW), achieved a Zacks #1 Rank (Strong Buy) status on December 29. Additionally,...

1Jan2013 | | Comments Off on (DSW) DSW Incorporated – A Strong Buy | Continued

(LTD) Retail Industry Stock Outlook – November 2012 – Industry Outlook

As consumer spending is the key to the viability of any economy, the health of the retail industry is an important economic indicator. According to the National Retail Federation, retail accounts for about $2.5 trillion of annual U.S. GDP and acts as a barometer for measuring the health of the nation’s...

22Nov2012 | | Comments Off on (LTD) Retail Industry Stock Outlook – November 2012 – Industry Outlook | Continued

(AEO) American Eagle Outfitters Announces Dividend

In a bid to boost shareholders’ return, American Eagle Outfitters Inc. (AEO) recently announced a special cash dividend of $1.50 per share along with its regular quarterly cash dividend of 11 cents per share. The company has a long...

27Sep2012 | | Comments Off on (AEO) American Eagle Outfitters Announces Dividend | Continued

(GPS) Gap Incorporated – Bull of the Day

Based on strong second-quarter 2012 results, we have upgraded our long-term recommendation on Gap, Inc. (GPS) to Outperform. Driven by increased sales, improved margins and lower share counts, Gap’s earnings of $0.49 per share...

25Sep2012 | | Comments Off on (GPS) Gap Incorporated – Bull of the Day | Continued

(JWN) Nordstrom’s Announces Latest Store Plans

The store expansion plans of leading fashion retailer, Nordstrom Inc. (JWN), are in full swing. The Seattle-based retailer, yesterday, announced that it has two new Nordstrom full-line stores in the pipeline, scheduled to be opened...

18Sep2012 | | Comments Off on (JWN) Nordstrom’s Announces Latest Store Plans | Continued

(CHS) Chico’s FAS Second Quarter Profits Improve

Chico’s FAS Inc. (CHS) reported robust second-quarter 2012 earnings per share of 32 cents, surpassing the Zacks Consensus Estimate of 30 cents. Moreover, quarterly earnings surged 28% from the prior-year quarter’s earnings...

31Aug2012 | | Comments Off on (CHS) Chico’s FAS Second Quarter Profits Improve | Continued

(AEO) American Eagle Outfitters Profits Jump – Guides Higher

American Eagle Outfitters Inc.‘s (AEO) adjusted earnings of 21 cents per share for the second quarter of fiscal 2012 climbed nearly 62% from the prior-year quarter’s adjusted earnings of 13 cents. The year-over-year growth...

31Aug2012 | | Comments Off on (AEO) American Eagle Outfitters Profits Jump – Guides Higher | Continued

(SCVL) Shoe Carnival’s Earnings Beat The Street

Shoe Carnival Inc. (SCVL) recently posted second quarter 2012 earnings of 14 cents per share, in line with year-ago quarter, but ahead of the Zacks Consensus Estimate of 11 cents.

Net sales grew 9.3% year over year to $182.2...

28Aug2012 | | Comments Off on (SCVL) Shoe Carnival’s Earnings Beat The Street | Continued

(GES) Guess? Misses in the Second Quarter

Guess? Inc.’s (GES) second quarter of fiscal 2013 adjusted earnings per share (EPS) of 49 cents missed the Zacks Consensus Estimate of 50 cents and declined 41.7% from last year’s 84 cents. The earnings declined due to lower...

28Aug2012 | | Comments Off on (GES) Guess? Misses in the Second Quarter | Continued

(JWN) Nordstrom Expands In Boston

Nordstrom Inc. (JWN), one of the largest fashion specialty retailers in the U.S., plans to further expand its Rack concept by opening a new two-level store at The Newbry in Boston, Massachusetts. The store, scheduled to open in spring...

27Aug2012 | | Comments Off on (JWN) Nordstrom Expands In Boston | Continued

(ANF) Abercrombie & Fitch Beats on Earnings

Casual apparel retailer Abercrombie & Fitch Co. (ANF) reported earnings of 19 cents per share for the second quarter of fiscal 2012, beating the Zacks Consensus Estimate of 17 cents per share.

However, the quarterly earnings...

27Aug2012 | | Comments Off on (ANF) Abercrombie & Fitch Beats on Earnings | Continued

(GES) Company News for August 24, 2012 – Corporate Summary

•    Shares of Guess?, Inc. (NYSE:GES) plunged 22.6%, a day after it posted second quarter earnings per share of $0.49, missing the Zacks Consensus Estimate of $0.50 by a penny

•    Hewlett-Packard Company (NYSE:HPQ) reported third...

26Aug2012 | | Comments Off on (GES) Company News for August 24, 2012 – Corporate Summary | Continued

(URBN) Urban Outfitters Earnings Beat Estimates

Shares of Urban Outfitters Inc. (URBN), took a huge leap of 17.5% to $36.74 during after-market trading hours on Monday, when this apparel, footwear and accessories retailer posted better-than-expected second-quarter 2013 results....

21Aug2012 | | Comments Off on (URBN) Urban Outfitters Earnings Beat Estimates | Continued

(CHS) Chico’s Earnings Preview

Earnings Preview: Chico’s

Chico’s FAS Inc. (CHS), a leading operator in specialty apparel market, is all set to release its second-quarter 2012 financial results on Wednesday, August 22, 2012.

The...

21Aug2012 | | Comments Off on (CHS) Chico’s Earnings Preview | Continued

(GPS) Stock Market News for August 20, 2012 – Market News

Encouraging earnings results coupled with consumer confidence and leading indicators data pushed the markets higher on Friday. After the Dow closed four points short of the highest level since December 2007 and the S&P 500 nearing a four-year high, The Wall Street Journal termed it as a ‘nail...

20Aug2012 | | Comments Off on (GPS) Stock Market News for August 20, 2012 – Market News | Continued