|Bid||0.00 x 2200|
|Ask||29.75 x 1300|
|Day's Range||27.05 - 27.93|
|52 Week Range||9.03 - 29.69|
|PE Ratio (TTM)||72.71|
|Earnings Date||Aug 30, 2018|
|Forward Dividend & Yield||0.80 (3.09%)|
|1y Target Est||23.00|
Falling sales and profitability for L Brands’s (LB) Victoria’s Secret line have pulled down the company’s sales comps and margins over the past several quarters. The operating margin of Victoria’s Secret fell 290 basis points during fiscal 2017 and another 520 basis points during the first quarter of 2018. The contracting margins have resulted in falling investor confidence and have kept the company’s stock price in the red almost throughout the year.
It is important to be aware of more retailers than the ones that have been making headlines this week. Here are 3 retail stocks that should be on your radar amid the current retail momentum!
As of August 14, Urban Outfitters’ stock price has risen 39% on a YTD (year-to-date) basis. Wall Street analysts have given strong forecasts for Urban Outfitters in the second fiscal quarter of 2019. Urban Outfitters stock could get a boost if the company beats the expectations.
Prior to the upcoming results for the second fiscal quarter of 2019, most of the analysts covering Urban Outfitters (URBN) stock have maintained a “hold” rating. As of August 14, of the 22 analysts covering the stock, 68% recommended a “hold,” 27% recommended a “buy,” and 5% recommended a “sell.”
Share repurchases also provide an upside to the EPS. Analysts expect the company to report a gross margin of 35.5%, which represents an expansion of 140 basis points on a YoY basis for the second fiscal quarter of 2019.
Urban Outfitters (URBN) is scheduled to report its second fiscal quarter of 20191 results on August 21. Analysts expect the company to report sales of $979.2 million, which reflects 12.2% growth on a YoY (year-over-year) basis. The estimate marks an improvement over a decline of ~2% in the second quarter of 2017.
Abercrombie (ANF) looks promising backed by its robust strategies, including cost-saving efforts, loyalty programs, and focus on its direct-to-consumer business and omni-channel capabilities.
Sexy is...Abercrombie & Fitch's stock price the last month. Shares of the apparel retailer have soared 13% over the past month on no real news. The company is scheduled to report second quarter earnings on Aug.
MARKET PULSE Hollister, Abercrombie & Fitch Co.'s (anf) Gen Z brand, said Monday that it will launch a collaboration with musician Khalid in stores and online on September 13. The collection debuted Sunday during a Khalid performance at the televised Teen Choice Awards.
Hollister Co., a division of Abercrombie & Fitch Co. (ANF), and the global retail brand celebrating the spirit of endless summer, has co-created a product collection with musical artist Khalid. The collaboration, which launches in stores and online September 13th, was unveiled at the Teen Choice Awards Sunday August 12th, when Khalid’s dancers performed wearing items from the collection. Khalid won the Teen Choice Award for Breakout Artist and his song "Love Lies", a duet with Normani, won the Teen Choice Award for R&B/Hip-Hop Song of the Year. Khalid’s product collaboration with the retailer will have two separate drops, one as part of Hollister Co.’s Fall season, and the second as part of its Holiday season.
The cover story in this weekend's Barron's examines Jack Dorsey's success as a double-duty CEO. Also, see the prospects for leading food maker and a petrochemical giant. "How Jack Dorsey Has Led Twitter and Square to Gains" by Jon Swartz takes a look at how the Silicon Valley CEO has revived both Twitter Inc (NYSE: TWTR) and Square Inc (NYSE: SQ).
After a dismal 2017, retailers have mostly rallied in 2018, and Vitamin Shoppe (NYSE:VSI) has been one of the biggest winners. VSI stock has gained over 150% just since early April. Vitamin Shoppe has cleaned up its balance sheet but still has nearly half a billion dollars in operating leases due after this year.
NEW ALBANY, Ohio, Aug. 10, 2018-- Abercrombie & Fitch Co. will be holding its quarterly earnings conference call for all interested parties on Thursday, August 30, 2018, at 8:30 a.m. ET. A press release ...
A&F today announced it is partnering with Paypal's Venmo to be the first specialty retailer to let customers purchase products directly through their Venmo accounts. Mobile shoppers will now be able to use Venmo in both the Abercrombie & Fitch and Hollister apps to purchase products quicker than ever on their phones.
Venmo and starting Tuesday, Aug. 7, customers will be able to use the online payment system as a payment option on both the Abercrombie & Fitch and Hollister iOS and Android apps. Abercrombie said it's the first specialty retailer to offer customers the option to purchase products directly through their Venmo accounts. "We are excited about our Venmo integration, as we know Venmo is an increasingly popular payment option among our millennial and Gen Z customer bases.
NEW ALBANY, Ohio, Aug. 07, 2018-- Abercrombie & Fitch Co. announced today its integration with Venmo on its top-rated consumer apps. Beginning August 7th, Venmo will be among the payment options in the ...
Urban Outfitters (NASDAQ:URBN) stock now trades near record highs. Between the fact that the stock has moved close to fair value and the nature of the industry in which URBN operates, investors should hold off at these levels. Since its founding in 1970, it has managed to open over 400 stores across three continents under the Urban Outfitters name alone.
Drug stocks are dominating our list of top charts to watch. Arbutus Biopharma Corp. (ABUS) snapped back 55 cents to $11.35 on 417,300 shares traded Tuesday. Arrowhead Pharmaceuticals Inc. (ARWR) jumped 65 cents to $16.45 on 1 million shares traded Tuesday.
Analysts expect Abercrombie & Fitch’s (ANF) sales to grow 8.4% to $844.4 million in the second quarter, while Abercrombie & Fitch expects sales to increase by high single digits. In fiscal 2018, analysts expect Abercrombie & Fitch’s sales to rise 2.2% to $3.57 billion. The company expects comps and sales growth of 2%–4% in fiscal 2018. Strong Abercrombie & Fitch and Hollister brand sales, international operations, and online sales could continue to be the company’s main growth drivers.
Of the 16 analysts covering Abercrombie & Fitch (ANF) on July 11, 44% recommended “hold,” 25% recommended “buy,” and 31% recommended “sell.” There have been no price target revisions for ANF stock in the last 30 days. Analysts’ 12-month average target price for ANF is $22.92, which implies an 8.8% downside to its July 11 price.