All Posts Tagged With: "KSS"

(JCP) JC Penney’s Loss Widens – No Turnaround

J. C. Penney Company Inc. (JCP) once again fell short of expectations, with its turnaround plan failing to deliver the desired results. The company remained in the red with adjusted loss per share...

14Jul2013 | | Comments Off | Continued

(WMT) Focus Shifts to Retail Earnings – Earnings Preview

The Q1 earnings season is over for most of the major sectors, with the Retail sector as the only one that has a significant number of reports still awaited. As such, Retail has a heavy presence in this week’s earnings reports, including industry heavyweights like Wal-Mart...

15May2013 | | Comments Off | Continued

(JCP) J. C. Penney Taps Revolver

In an effort to stabilize its financials, replenish inventory and fund the overhauling costs related to its new home departments across 500 stores, J. C. Penney Company Inc. (JCP) drew $850 million from its $1.85 billion revolving...

3May2013 | | Comments Off | Continued

(M) Macy’s Legal Battle Resumes

Yesterday, Macy’s Inc. (M), J. C. Penney Company Inc. (JCP) and Martha Stewart Living Omnimedia Inc. (MSO)...

18Apr2013 | | Comments Off | Continued

(JCP) J. C. Penney Company Ousts Johnson and Reinstates Ullman

In a major development, J. C. Penney Company Inc.’s (JCP) board of directors discharged CEO Ron Johnson of his duties, as his ambitious transformational ideas failed to materialize. The company’s former CEO, Myron E. (Mike) Ullman,...

18Apr2013 | | Comments Off | 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 | Continued

(ICON) Iconix Pinned at Neutral

We are reiterating our Neutral recommendation on Iconix Brand Group (ICON) following its third quarter 2012 results. Iconix reported third quarter earnings of 41 cents, ahead of the prior-year earnings and the Zacks Consensus...

18Dec2012 | | Comments Off | Continued

(NRF) Will December Mirror November Sales?

November retail sales data are out amid an economy which has been exposed to a number of mixed events. On one hand, the Labor Department indicated that initial jobless claims have fallen 29,000 to 343,000; on the other, consumer sentiment is showing a negative inclination, largely due to the looming...

14Dec2012 | | Comments Off | 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 | Continued

(TGT) Retailers Gearing Up for Holidays – Analyst Blog

Retailers have pulled up their socks and are coming up with numerous strategic measures as they take the final lap before the onset of the key holiday season. From lucrative discounts to flexibility of shopping through smartphones and tablets to free shipping and 24-hour shopping, they are leaving...

24Oct2012 | | Comments Off | Continued

(ICON) Iconix Brand Group Upgraded to Neutral

We are upgrading our recommendation on Iconix Brand Group (ICON) to Neutral from Underperform, following the solid fiscal 2012 second quarter results. The second quarter earnings of 45 cents per share beat the Zacks Consensus...

13Sep2012 | | Comments Off | Continued

(BBY) U.S. Retail Industry Stock Outlook – August 2012 – Industry Outlook

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

8Aug2012 | | Comments Off | Continued

(ADP) Stock Market News for July 6, 2012 – Market News

Interest rate cuts in China and the Euro zone and monetary policy measures by The Bank of England were of no help to the US markets on Thursday. Investors’ fears of lingering global financial woes and a dismal domestic services sector reading dragged the benchmarks down. Separately, initial claims...

6Jul2012 | | Comments Off | Continued

(KSS) Kohl’s Stays at Neutral

We have maintained a Neutral rating on Kohl’s Corporation (KSS) with a target price of $51.00 following appraisal of first quarter 2012 results. Kohl’s posted first quarter 2012 earnings of 63 cents per share, which exceeded...

12Jun2012 | | Comments Off | Continued

(COST) Retail Industry Stock Outlook – April 2012 – Industry Outlook

Right-sizing inventories and enhancing efficiencies through greater use of technology were the key agenda items on retailers’ to-do lists most of last year. Progress on those fronts has paved the way for the retailers to enter fiscal 2012 with a more optimistic outlook. So far this year,...

16Apr2012 | | Comments Off | Continued

(COST) Retail Industry Stock Outlook – April 2012 – Industry Outlook

Right-sizing inventories and enhancing efficiencies through greater use of technology were the key agenda items on retailers’ to-do lists most of last year. Progress on those fronts has paved the way for the retailers to enter fiscal 2012 with a more optimistic outlook. So far this year,...

12Apr2012 | | Comments Off | Continued

(JWN) Nordstrom Expands Store Network

Nordstrom Inc. (JWN), a leading fashion specialty retailer in the United States, announced the opening of two new Nordstrom Rack stores; one in Huntington, New York, and the other in Upland, California. The New York store at...

9Apr2012 | | Comments Off | Continued

(ROST) Ross Stores’ February Results Strong

February 2012 proved another strong month for Ross Stores Inc. (ROST), the largest off-price apparel and home fashion chain in U.S., with sales and same store sales numbers showing substantial improvement and coming out above expectations. Ross...

7Mar2012 | | Comments Off | Continued

(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 earnings by 9%. The...

23Feb2012 | | 0 comments | Continued

(RFMD) Will Market Start Getting Enthusiastic?

The market’s focus today clearly will be on the strong December non-farm payroll report, but Europe likely will not be far from investors’ minds, either. The market has found it hard to make meaningful gains this week despite very good readings on the domestic economy, held back by continued Europe-related...

9Jan2012 | | 0 comments | Continued

(RFMD) Ahead of Wall Street – January 6, 2012 – Ahead of Wall Street

Friday, January 6, 2012 The market’s focus today clearly will be on the strong December non-farm payroll report, but Europe likely will not be far from investors’ minds either. The market has found it hard to make meaningful gains this week despite very good readings on the domestic economy,...

6Jan2012 | | 0 comments | Continued

(RFMD) Jan 06: All Eyes on Strong Non-Farm Payroll Report – Economic Highlights

The market’s focus today clearly will be on the strong December non-farm payroll report, but Europe likely will not be far from investors’ minds either. The market has found it hard to make meaningful gains this week despite very good readings on the domestic economy, held back by continued Europe...

6Jan2012 | | 0 comments | Continued

(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. (JCP), which...

15Dec2011 | | 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 Omnimedia Inc. (...

15Dec2011 | | 0 comments | Continued

(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 holiday season. Early...

11Dec2011 | | 0 comments | Continued

(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 Omnimedia Inc....

9Dec2011 | | 0 comments | Continued

(NRF) Party Time for Retailers

The Thanksgiving weekend brought record sales for retailers who went on to post better-than-expected November comparable-store sales and are now padding up for the holiday season. Does this indicate that the retail party has just begun? Early hours store openings, huge discounts, promotional...

6Dec2011 | | 0 comments | Continued

(TGT) Amazon.com Will Win This Holiday Gift Season

With Thanksgiving drawing to a close and Black Friday shopping gathering steam, this is clearly a retail weekend. Brick-and-mortar outlets, such as Target Corp (TGT), BestBuy Inc (BBY),...

28Nov2011 | | 0 comments | Continued

(TIF) Dollar Stores Win on Double-Dip Fears

One of the most amazing aspects of this economic recovery has been the resiliency of the American consumer. Given a banking/housing/credit crisis that nearly melted down the economy, you would have thought that high-end luxury retailers like Tiffany & Co. (TIF)...

18Oct2011 | | 0 comments | Continued

(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 garden equipment, electronics,...

6Oct2011 | | 0 comments | Continued