|Bid||0.00 x 1000|
|Ask||17.35 x 2900|
|Day's Range||14.71 - 15.34|
|52 Week Range||13.66 - 24.30|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||9.87|
|Earnings Date||Dec 9, 2019 - Dec 13, 2019|
|Forward Dividend & Yield||0.55 (3.81%)|
|1y Target Est||19.31|
In September, Levi Strauss and Co. (NYSE: LEVI) gained 12.7% as the stock managed to recover from its August drop due to US-China trade tensions. Unfortunately, its profit dropped 4.1% drop in the third-quarter profits as the denim giant wrestles with a weak in the U.S. But the company did manage to report slightly better than expected earnings, causing its stock to go up 2% in after-hours trading on Tuesday. In fact, net revenues increased 14% in Europe and 9% in Asia.
Nike has once again emerged as the most popular apparel brand among teens, and Lululemon scored a best-ever placing of seventh on a closely watched list.
From understanding your risk tolerance to maintaining emotional control, achieving your retirement goals takes a much different investing approach than regular stock trading.
Achieving the financial freedom to retire early is a dream for most, but making that dream a reality isn't as tricky as it sounds. If you are willing to make some serious lifestyle changes and sacrifices, it can be possible.
American Eagle Outfitters, Inc. (NYSE:AEO) is about to trade ex-dividend in the next 4 days. You will need to purchase...
A B. Riley holiday season survey found that 29% of shoppers expect to buy less clothing this holiday season, while 40% plan to spend the same amount year-over-year. "We believe part of this may be connected with their expectations for higher prices related to China tariffs," analysts led by Susan Anderson wrote. Not only do shoppers plan to buy less, what they do buy won't be the yoga pants and other athleisure gear that has been favored. The survey found that trendy items and denim will be among the top selections, with brands like American Eagle Outfitters Inc. , Guess Inc. , and G-III Apparel Group Ltd. brands like Calvin Klein and DKNY among those that analysts think will benefit. With the focus on "fashion" apparel, B. Riley says Under Armour Inc. could be hurt. And with shoppers more cautious about spending on clothes, B. Riley says staple items sold by brands like Carters Inc. , Children's Place Inc. and HanesBrands Inc. could be a top choice. The SPDR S&P Retail ETF has taken a 15.5% tumble over the past year while the S&P 500 index is up nearly 1% for the period.
American Eagle (AEO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Company launches genderless wellness collection to meet young people’s evolving wellness and personal care needs
Living in a world that catered to their thinner counterparts, larger shoppers have historically had a hard time finding quality clothing options. Not quite so much anymore. Many mainstream brands are branching out into extended sizing.
Despite concerns about a looming recession, some money managers say that stocks are on the brink of a major rally that will be sparked as investors realize the market is fundamentally sound. Neil Hennessy, founder and chief investment officer of the $4.9 billion Hennessy Funds, expects outperformance from four under-the-radar stocks, which are: RH (RH), which was formerly named Restoration Hardware, as well as Trinity Industries Inc. (TRN) American Eagle Outfitters, Inc. (AEO) and Casey's General Stores Inc. (CASY).
(Bloomberg Opinion) -- Forever 21 Inc. has learned the hard way that the allegiance of teen shoppers is anything but everlasting.The fast-fashion retailer filed for bankruptcy late Sunday, saying it has obtained $350 million in financing to help it stay afloat. The company said it plans to close most of its Asian and European stores in order to focus on its core business in North America.The bankruptcy is, of course, another signal of the punishing pressures of the broader “retail apocalypse,” in which the rise of e-commerce is siphoning away shoppers from brick-and-mortar chains, forcing them to collectively shutter thousands of stores. But Forever 21’s troubles also are an emblem of a new and important dynamic shaping the U.S. apparel market: Fast fashion, once a formidable retail niche, is falling behind.In the first two decades of the 2000s, the trifecta of Forever 21, H&M and Inditex SA’s Zara had punishing impact on mid-priced mall heavyweights such as Gap Inc., Abercrombie & Fitch Co. and American Eagle Outfitters Inc., stealing away the high school and college set by peddling trendier garments and refreshing their merchandise offerings at a much quicker pace. The Great Recession helped support their rise, as it meant shoppers were especially focused on low prices.Now, though, there are clear signs that some shoppers are souring on this model. Forever 21 and others of its ilk have long been go-tos for what is essentially disposable clothing – a trend you’re sure will be fleeting, an outfit you don’t want to be seen in more than once on Instagram, etc. But just as sustainability concerns upended the food and beauty industries years ago, they are starting to factor more into clothing purchases. And it could contribute to a backlash to what was essentially a years-long binge on cheap polyester.To the extent that many shoppers are still embracing fast fashion, there are now many more options for them to scratch their itch for of-the-moment clothing than when Forever 21 was gathering steam. Chains such as Gap, Old Navy and Urban Outfitters Inc. have sped up their supply chains to be more reactive to new trends. Plus, many chains including Ann Taylor, Express and Bloomingdale’s are now joining upstart Rent The Runway in the clothing rental business.Digital-centric players such as Boohoo, Fashion Nova and Asos have given them fresh options, and low-priced, U.K.-based brick-and-mortar chain Primark is starting to open U.S. stores. On top of that, digitally-enabled secondhand selling is gaining traction. The stock market debut of The RealReal Inc. and Foot Locker Inc.’s $100 million investment in sneaker re-seller Goat were signals of the strong expectations of growth for this model. Simply put, there are more options now for having a constantly-refreshing wardrobe that don’t necessarily depend on fast fashion. All of those changes are making it difficult for Forever 21 to stay relevant. In fact, the collective U.S. market share of the Big Three of fast fashion peaked in 2015, according to data from Euromonitor.Of course, Forever 21’s bankruptcy also is a result of other factors, including the pace at which it opened stores and its decision to have so many of them in enclosed malls. But the chain’s troubles signal a new era of opportunity for capturing the dollars of Generation Z and millennial shoppers. Its struggling neighbors at the mall should take note.–Andrea Felsted contributed the “Rental on the Rise” chart. To contact the author of this story: Sarah Halzack at firstname.lastname@example.orgTo contact the editor responsible for this story: Beth Williams at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Sarah Halzack is a Bloomberg Opinion columnist covering the consumer and retail industries. She was previously a national retail reporter for the Washington Post.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
Rihanna’s ‘Savage X Fenty Show’ dropped on Amazon Prime — and the reviews highlight why market leader Victoria's Secret has been struggling.
American Eagle Outfitters, Inc. (AEO) today unveiled new sustainability goals through 2023 and beyond, which underscore the company’s purpose and values to make the world a better place for all of its stakeholders. The company outlines its commitment to reduce energy and water within its production supply chain and to source more sustainable raw materials. “We pledge to accelerate sustainability improvements across our entire organization, and throughout the supply chain, holding ourselves accountable through the adoption of science-based targets.
En vísperas de Navidad apenas hay emoción en las sedes corporativas de los principales minoristas, debido sobre todo a la prolongada guerra comercial del presidente Donald Trump con China.
New curvy jeans options from American Eagle Outfitters and Abercrombie & Fitch could be music to the ears of investors.
If you own shares in American Eagle Outfitters, Inc. (NYSE:AEO) then it's worth thinking about how it contributes to...
American Eagle Outfitters rises after an analyst from DA Davidson initiates coverage of the apparel store chain with a buy rating and a $21 share price target.
American Eagle Outfitters, Inc. announced a quarterly cash dividend of $0.1375 per share, marking the company’s 61st consecutive quarterly dividend. The $0.1375 dividend was declared on September 17, 2019 and is payable on October 25, 2019 to stockholders of record at the close of business on October 11, 2019.
Solid comps and digital sales along with Aerie brand strength will contribute to American Eagle's (AEO) growth. However, rising expenses remain a woe.
American Eagle is tough to be bullish on right now. The poor guidance, coupled with uncertain retail environment makes one wonder how the next six months are going going to fare.