Apparel Stores
(ZUMZ) Zumiez Shines Once Again
Zumiez Inc. (ZUMZ), an action sports retailer in the United States, reported comparable store sales for the five-week period ended July 02, 2011. Total net sales for the period increased by a sharp 16.8%...
(FINL) The Finish Line Matches Wall Street Estimates
The Finish Line Inc. (FINL) posted adjusted earnings per share of 30 cents in the first quarter of fiscal 2012, in line with the Zacks Consensus Estimate. However, the quarterly earnings exceeded the year-ago...
(GPS) Gap Coming to Egypt and Morocco
The Gap Inc. (GPS), as part of its expansion project in the $1.4 trillion global apparel market, has taken a maiden step to bring its brand to Africa. The company is expected to unveil the latest trend in...
(GCO) Genesco Takes Over Schuh Group
Genesco Inc. (GCO) recently acquired UK-based Schuh Group Ltd., a specialty retailer of casual and athletic footwear, for £125 million. The purchase price was broken into three tranches plus a possible management...
(CHS) Chico’s FAS Offers Preliminary Second Quarter Update
Chico’s FAS Inc.’s (CHS) preliminary second-quarter revenue increased at a mid-teens percentage rate while comparable store sales climbed by a low double-digit percentage rate.
The company by...
(JWN) Nordstrom’s New Credit Facility
One of the leading fashion specialty retailers in the U.S., Nordstrom Inc. (JWN) has entered into a new five-year unsecured revolving credit agreement with a consortium of world’s leading investment...
(GPS) Gap Reiterated at Neutral
We maintain a long-term Neutral recommendation on Gap Inc. (GPS). Gap is one of the leading players in the highly fragmented specialty retail sector offering a diverse range of clothing, accessories and personal...
(JWN) Nordstrom Analyst Maintains Neutral on Shares
We maintain our long-term ‘Neutral’ recommendation on Nordstrom Inc. (JWN). Nordstrom is a leading fashion specialty retailer in the U.S., offering high quality apparel, shoes, cosmetics and accessories...
(ZUMZ) Zumiez Thrives and Reverses Loss
Specialty retailer Zumiez Inc. (ZUMZ) reported first-quarter earnings of 6 cents a share, beating the Zacks Consensus Estimate of 2 cents a share. The company also outpaced a loss of 3 cents a share posted...
(DSW) Company News for May 25, 2011 – Corporate Summary
• Shares of Yandex NV (NASDAQ:YNDX) gained more than 55% to close at $38.84 in its opening trading day at the American exchange. Yandex is a Russian internet search company and its IPO was the biggest in the Internet...
(BKE) Company News for May 24, 2011 – Corporate Summary
• After a security researcher reported that social networking site LINKEDIN CORP (NYSE:LNKD) has serious security serious flaws which makes its user accounts susceptible to hackers, share prices of the social networking...
(ANF) Company News for May 19, 2011 – Corporate Summary
• Abercrombie & Fitch (NYSE:ANF) reported Q1 EPS of $0.27, surpassing the Zacks Consensus Estimate of $0.11 per share. Revenues for the quarter rose 22% year-over-year to $836.7 million, beating the Zacks Consensus...
(ANF) Company News for April 13, 2011 – Corporate Summary
• According to a report, Citigroup (NYSE:C) plans to sell 12 million shares of Primerica, Inc.’s (NYSE:PRI) common stock. The bank will receive all of the proceeds...
(ANN) Company News for March 14, 2011 – Corporate Summary
• Tesoro Corp. (NYSE:TSO) shares ended 8.5% higher at $24.51 as crude-oil prices fell below $101 a barrel and after analysts said that the earthquake could prompt demand for companies that could offset loss of energy from...
(ARO) Stock Market News for March 11, 2011 – Market News
A host of worrying events and results robbed investors of optimism to take the markets significantly lower, on Thursday as the benchmark Dow registered its worst performance in seven months. Geopolitical issues also weighed down the markets as tensions in the Middle East intensified...
(AEO) Company News for March 10, 2011 – Corporate Summary
• Navistar (NYSE:NAV) reported Q1 EPS of $0.16, ex-items, lower than the Zacks Consensus Estimate of $0.20 per share
• AeroVironment Inc (NASADQ:AVAV), a company...
(LTD) Limited Brands Quarterly Earnings Scorecard
Limited Brands Inc. (LTD), a specialty retailer of women’s intimate and other apparel, beauty and personal care products, recently posted fourth-quarter 2010 results.
Street analysts had nearly a...
(JWN) Nordstrom Fourth Quarter 2010 Earnings Scorecard
Nordstrom Inc. (JWN) recently posted earnings growth of 35.0% to reach $1.04 per share in the fourth quarter of fiscal 2010 from 77 cents per share earned in the year-ago period. Earnings per share beat the...
(JWN) Nordstrom Earnings Report Beats Expectations
Nordstrom Inc. (JWN) posted earnings growth of 35.0% to reach $1.04 per share in the fourth quarter of fiscal 2010 from 77 cents per share earned in the year-ago period. Earnings per share beat the Zacks Consensus...
(CHS) Company News for February 24, 2011 – Corporate Summary
• Garmin Ltd. (NASDAQ:GRMN) reported Q4 EPS of $0.83, lower than the Zacks Consensus Estimate of $0.87 per share. Revenues for the quarter fell 21% year-over-year to $838.0 million, missing the Zacks Consensus Estimate...
(ANF) Stock Market News for February 17, 2011 – Market News
Markets ended in the green after optimistic news about the economy from the Fed lifted the mood of investors. Earlier in the day, news of strong earnings and deals sent the markets higher.
The Dow Jones Industrial Average rose 0.5% to 12,228.17. 23 out of...
(AEO) Company News for February 04, 2011 – Corporate Summary
• MasterCard (NYSE:MA) reported Q4 EPS of $3.16, lower than the Zacks Consensus Estimate of $3.98 per share. Revenues for the quarter rose 10.7% year-over-year to $1.44 billion, beating the Zacks Consensus Estimate of $1.436...
(ANF) Retail Industry Outlook – December 2010 – Industry Outlook
With the economic backdrop steadily improving, albeit at a very slow pace, the outlook for the holiday shopping season has brightened.
According to NRF’s 2010 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch, U.S. consumers plan to spend an...
(GPS) Gap Third Quarter 2010 Earnings Scorecard
On November 18, 2010, Gap Inc. (GPS) reported third-quarter fiscal 2010 earnings per share of 48 cents, and met the Zacks Consensus Estimate. The company continues to expect earnings of $1.77 to $1.82 per...
(ANF) U.S. Employment Report In-Depth (part 1)
The economy added a total of 39,000 jobs in November. That is far below consensus expectations for a gain of 130,000. Government payrolls declined by 11,000 and the private sector added a total of 50,000. The consensus was looking for a decline of 10,000 Government jobs...
(ROST) Ross Stores Reports Earnings In Line With Estimates – Reaffirms
Ross Stores Inc. (ROST) posted third-quarter 2010 earnings of $1.02 per share, in line with the Zacks Consensus Estimate. Results were 21% higher than 84 cents reported in the year-ago period. Net income...
(ANF) Company News for December 6, 2010 – Corporate Summary
• Rio Tinto (NYSE:RIO) is reported to be in talks with a possible $3.2 billion offer in the works for Australian Riverdale Mining
• Barron’s wrote favorably on Big Lots (NYSE:BIG) on valuation merits after last week’s earnings miss
• According...
(ANF) Stock Market News for December 3, 2010 – Market News
Stocks advanced for a second straight day as better-than-anticipated retail sales and housing data continued to point toward economic strength. European Central Bank’s assertion that it would not abandon its plan to buy government bonds helped contain eurozone worries, helping...
(ANF) Company News for December 2, 2010 – Corporate Summary
• PepsiCo (NYSE:PEP) announced plans to acquire a 66% stake in Wimm-Bill-Dann (NYSE:WBD) for $3.8 billion
• Toll Brothers (NYSE:TOL) reported fiscal fourth quarter earnings of $0.30 a share that included a tax benefit, versus consensus expectations for a loss...
(ARO) Stock Market News for November 29, 2010 – Market News
Markets fell during Friday’s shortened trading session as worries about European finances kept jittery investors off stocks. Across the Atlantic, as the USS George Washington moved into the Yellow Sea, a belligerent North Korea warned that the United States and South Korea’s...