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Visa Inc. Message Board

  • kored35 kored35 Jan 22, 2014 9:45 AM Flag

    Can't wait to see V earnings this quarter and nex retailers slashing...

    Retailers are slashing holiday earnings forecasts as heavy discounting to boost sales came at the expense of profit margins. The warnings raise a red flag for the retail industry this year.

    Teen retailers American Eagle Outfitters (AEO) and Zumiez (ZUMZ), Victoria's Secret parent L Brands (LB), and Signet Jewelers (SIG) were among the many cutting quarterly earnings guidance Thursday.

    "Broadly, the 2013 holiday season is one that most retailers would prefer to forget," said Ken Perkins, president of Retail Metrics. "Margin pressures were intense and really cut into their bottom line. There was a plan, but when things are slow and traffic is down so significantly you do what you can to try to stimulate traffic into stores, and that traffic wasn't materializing until it was very late.

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    • V pe ratio is 30 and it did not even hit 10% growth last quarter revenue growth will go to mid single digits this quarter and then low single digits next quarter imo..
      Low-end retailers struggle as customers remain pressured, WSJ reports

      January 10, 2014 5:36 AM

      As the outlook for the U.S. economy has improved, the results show that the slightly rising tide isn't lifting all boats. Retailers catering to lower income consumers had a rough holiday. Those shoppers remain under pressure from tepid job growth, stagnant wages, higher payroll taxes and the loss of government assistance programs like food stamps, reports the Wall Street Journal.

 
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