Department Stores
(SHLD) Sears Holdings Misses Forecasts Considerably
Sears Holdings Corporation (SHLD) reported fourth-quarter 2011 adjusted earnings of 54 cents per share, well below the Zacks Consensus Estimate of 68 cents per share. The earnings per share declined drastically...
(KSS) Kohl’s Beats Expectations and Raises Dividend
Kohl’s Corporation (KSS) reported its operating earnings of $1.81 per share in the fourth-quarter 2011, beating the Zacks Consensus Estimate by a penny. The earnings, however, surpassed the prior-year quarter’s...
(SHLD) Sears Holding Corporation – Bear of the Day
Sears Holdings Co. (SHLD) continues to disappoint with its overall performance. The company’s third-quarter 2011 adjusted loss of $2.57 per share was wider than the Zacks Consensus Estimate of a loss...
(BONT) Stock Market News for December 28, 2011 – Market News
Markets opted to take a pause after a recent rally, as mixed economic data and a session featuring light volumes meant benchmarks ended Tuesday’s session on a flat note. Given the Christmas overhang, consolidated volumes remained substantively low, and final minutes’ movement...
(M) Hot Christmas Deals Can Eat Margins
It’s raining discounts at stores as retailers take their final lap before Christmas. Shoppers are offered discounts of 40%, 50% or even 60%. Further, buy one get one free comes as extra toppings.
Apart from money offs, flexibility in shopping through
28Dec2011 | vitalstocks | 0 comments | Continued(JCP) J.C Penney Sales Disappoint Again
J. C. Penney Company Inc. (JCP), a leading retailer of apparel and footwear, accessories, fashion jewelry, beauty products and home furnishings, recently reported sales results for the four-week period ended...
(M) Bullish on Macy’s
Macy’s Inc.’s (M) growth momentum continued throughout the year, and we believe it will sustain the tempo as it enters 2012. The company’s persistent effort to keep itself on the growth trajectory has...
(M) Macy’s Incorporated – Bull of the Day
Macy, Inc.’s (M) has been taking prudent steps to increase sales, profitability and cash flows. These include integration of operations, consolidation of divisions and customer-centric localization initiatives....
(JCP) Not a Great Year for J.C. Penney
An economy plagued by financial crisis and high unemployment remains a bitter truth, but relentless efforts to emerge from these doldrums cannot be ignored. The ongoing turmoil has also touched J. C. Penney Company Inc. (
15Dec2011 | vitalstocks | 0 comments | Continued(JCP) J. C. Penney Bets on Martha Stewart (revised)
The economy is struggling, and so is J. C. Penney Company Inc. (JCP). The company has been trying every means to uplift itself, and the latest move of acquiring a 16.6% stake in Martha Stewart Living...
(M) Holiday Retail Outlook & Review – Industry Outlook
Does the start of holiday sales suggest a break from the phase when US consumers were reeling under a series of macro-economic shocks? For now, the initial data released by National Retail Federation suggests that Santa has a bagful of gifts for the majority of retailers this...
(JCP) J. C. Penney Bets on Martha Stewart
The economy is struggling, and so is J. C. Penney Company Inc. (JCP). The company has been trying every means to uplift itself, and the latest move of acquiring a 16.6% stake in Martha Stewart Living...
(JCP) U.S. Holiday Preview – National Retail Federation
The National Retail Federation (“NRF”), an industry trade group, projects a 2.8% growth in sales, amounting to $465.6 billion, during the current November to December holiday season, lower than the 5.2% rise in the corresponding period of the previous year. Online retail...
(SKS) U.S. Retail Still Rolling – Zacks Industry Rank Analysis
Industry Rank Analysis 11-15-11
Before you know it, Christmas will be here. That is something that tends to bring retail front and center to the minds of investors.
Rumors of the death of the U.S....
(SHLD) COOPER TIRE – Profit Tracks
Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List – Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which...
(SHLD) Sears Shares Reiterated at Underperform
We have maintained our long-term Underperform recommendation on Sears Holdings Corporation (SHLD). The company is the fourth largest broadline retailer in the U.S. offering home appliances, tools, lawn and...
(SHLD) Sears Holding Corporation – Bear of the Day
Sears Holdings Corp. (SHLD) disappoints with its overall second-quarter 2011 results. The company’s adjusted loss of $1.13 per share was well above the Zacks Consensus Estimated loss of $0.64 per share,...
(M) Macy’s Incorporated – Bull of the Day
Macy’s, Inc. (M) has been taking prudent steps to increase sales, profitability and cash flows, which include integration of operations, consolidation of divisions and customer-centric localization initiatives....
(SKS) Saks Incorporated – Bull of the Day
Saks, Inc. (SKS) has upgraded its recommendation to Outperform from Neutral, following the better-than-expected second-quarter 2011 results. The company is driven by strong same-store sales growth and gross...
(M) Macy’s Analyst Maintains Neutral on Shares
Macy’s Inc.’s (M) constant focus on price optimization, inventory management, merchandise planning and private label offering positions it to drive traffic, meet customer-oriented demand and improve in-store...
(BONT) Bon-Ton Stores’ June Sales Drop
Bon-Ton Stores Inc. (BONT) reported total sales of $240.8 million in June 2011, which declined 1.5% from $244.4 million in June 2010. The company’s comparable store sales also inched down 0.9% in the same...
(SHLD) Sears Holding Corporation – Bear of the Day
Sears Holdings Corp. (SHLD) disappointed with its overall first-quarter 2011 results. The company posted a quarterly loss of $1.39 per share that plunged drastically from the prior-year quarter earnings of...
(SKS) Saks Store Coming Up in Kazakhstan
The retailer, Saks Incorporated (SKS) has got a license to open a Saks Fifth Avenue store in Kazakhstan in August 2012, which will be the country’s first Saks store.
According to the plan, Saks...
(M) Macy’s Goes Global
Macy’s Inc. (M), one of the leading department store retailers in the United States goes global with its e-commerce site, macys.com. The company recently announced the launch of international shipping across...
(SHLD) Sears Holdings Spins Off Hardware Chain
Sears Holdings Corporation (SHLD) declared that it is spinning off its hardware chain, Orchard Supply Hardware Stores, after five continuous years of bad performance. Sears believes that Orchard Supply will...
(SHLD) Sears Holding Corporation – Bear of the Day
Sears Holdings Corp. (SHLD) disappointed with its overall first-quarter 2011 results. The company posted a quarterly loss of $1.39 per share that plunged drastically from the prior-year quarter earnings of...
(M) Macy’s New Strategy Lowers Interest
Going with its new strategy, Macy’s Inc. (M), one of the leading department store retailers in the United States, entered into a new four-year bank credit agreement with a consortium of world’s leading investment...
(SHLD) Sears Holdings Pleads To Move Out of Chicago
Going by the Washington Business Journal, the fourth largest broadline retailer in the United States, Sears Holdings Corporation (SHLD) has proposed the local jurisdiction of several areas in the U.S. for...
(SHLD) Sears Holdings Lays Off – Focuses on Sales
Reuters reports that Sears Holdings Corporation (SHLD) has slashed 700 jobs in the appliances section of its Kmart discount stores. The company seeks to re-engineer the process of selling its appliances to...
(SHLD) Sears Holdings Downgraded on Weak Results
We have downgraded our prior long-term ‘Neutral’ recommendation on Sears Holdings Corporation (SHLD) to ‘Underperform’ with a target price of $62.00 per share. Moreover, the company...