|Bid||0.00 x 1100|
|Ask||22.53 x 900|
|Day's Range||21.85 - 22.69|
|52 Week Range||20.21 - 34.63|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
DSW CEO Roger Rawlins sits down with CNBC's "Closing Bell" for an exclusive interview after the company released its quarterly earnings report and changed its name to Designer Brands.
Editor's note: This story was previously published in March, 2019. It has since been updated and republished.The stock market has been a charging bull since 2019 began. Given how 2018 ended, this has been quite a surprise. Much of the selloff was explained by expectations that Q4 wasn't going to be strong and that growth in 2019 would be diminished. And most of the numbers that are coming in reinforce that view.So, why is the market charging ahead as if there's nothing to fear?InvestorPlace - Stock Market News, Stock Advice & Trading TipsBecause things are going according to plan. The market hates uncertainty. Even less than ideal certainties are better than pleasant surprises. * 7 Cloud Stocks to Buy on Overcast Days And that's why small-cap stocks -- which usually do best in times of strong economic expansion -- continue to do well, even now. As long as the market knows the economy isn't going to hit bumps that slow it one quarter and grow it the next -- forcing the Federal Reserve out of its complacency -- stocks can chug along happily.The seven small-cap stocks that make the grade below are all highly rated momentum stocks in my Portfolio Grader. They should see big gains as this "Goldilocks economy" continues. Source: Shutterstock Alarm.com (ALRM)Alarm.com (NASDAQ:ALRM) is a wireless and cloud-based security system company that focuses on residential and commercial properties.It's based in Northern Virginia, which hosts many of the suburbs of Washington, D.C., and there are plenty of expensive houses that got the company off its feet 19 years ago. Since then, it has scaled up its business and diversified both its customer and geographic base.Now the company has expanded into the smart property market, using its security systems to enable homeowners and business owners the ability to remotely monitor and manage a variety of systems.By expanding its footprint nationally and keeping up with the latest technological breakthroughs, ALRM remains one of the fastest growing security systems in the market.ALRM stock is up 69% in the past 12 months, and roughly 34% year to date, so it is solidly performing on its own merits, not just rising with higher tide of the broad stock market.Source: Citrix Online via Flickr AppFolio (APPF)AppFolio (NASDAQ:APPF) is the next iteration of cloud-based software solutions companies.The first wave saw companies simply moving some parts of their data to the cloud so that it was more accessible and provided an offsite back-up for corporate-based servers.The next wave is companies that are targeting specific industries with cloud-based solutions that are built for these niche industries. And that is where APPF comes in. * 7 Dangerous Dividend Stocks to Stay Far Away From It caters to small- and medium-sized businesses in the property management and legal sectors. This sector hasn't generally been at the top of the cloud providers priority list, since enterprise-level companies are a much bigger fish to land. And while there are plenty of these firms around the U.S., the time and energy to build something at their price point and with custom features just wasn't worth the money.APPF tapped into this market, and it's doing very well with its line of products. APPF stock is up almost 70% in the past year and is up 63% year to date.Source: Shutterstock DSW (DSW)DSW (NYSE:DSW) is a pretty familiar name to most consumers. It is one of the largest shoe stores in the U.S., with over 500 locations across the country.As the big-box department stores started their demise, companies like DSW saw an opportunity to move into a specific niche that was no longer being served well by department stores.You see, as much as ecommerce hurt department stores, so did the fact that they didn't have the ability to dig down into their offerings. They could provide some choices, but consumers were getting used to searching out variety online or in a dedicated store.DSW filled that need perfectly, and its ecommerce site allows shoppers to go the ecommerce route if they so desire.But remember, this is a discount shoe retailer, not a tech firm. It hasn'y had a great year, down 8% in the last 12 months, but it delivers a very respectable 4.6% dividend. As a total return play, this is a great long-term buy.Source: Shutterstock Intercept Pharmaceuticals (ICPT)Intercept Pharmaceuticals (NASDAQ:ICPT) is a biopharmaceutical company that focuses on non-viral liver diseases. It currently has Ocaliva on the market which is treats a handful of these diseases and has little competition in the space.It was also in Phase 3 trials with a new drug for a fatty liver disease called Nonalcoholic steatohepatitis (NASH), and was competing with a similar drug from Gilead Sciences (NASDAQ:GILD). When Gilead announced that its drug had failed, things looked bleak.Until ICPT announced its drug had passed the trials. That leaves NASH treatment in the hands of ICPT for now. * 10 Great Stocks to Buy on Dips Bear in mind, this is a biotech that is very focused. Right now, things are back to being tough, though. The stock is up just 12% for the year and actually down 13% year to date, since it has been more volatile on this NASH news.There's plenty of opportunity here, even for a buyout by a bigger firm, so enjoy the ride but remember, it will be bumpy.Source: Shutterstock Restoration Hardware (RH)Restoration Hardware Holdings (NYSE:RH) is the holding company for what's better known to consumers as Restoration Hardware. It maintains an enormous and sumptuous product catalog that it distributes as an RH brand.The company has been around since the 1979 and made a good run at expanding smaller retail outlets in upper-middle-class malls and shopping districts around the country. But when the tech bubble burst and then the financial crisis hit, RH had to go back to the drawing board -- adapt or die.And it adapted. RH rebuilt as a brand for its ideal customers - high-end and aspiring high-end consumers. It closed many of its smaller locations and opened glorious showpieces around the country that showed off the furniture and accessories as well as offered interior designers to help with building out rooms and homes. Most also have lovely restaurants as well.This boutique treatment has paid off in the past, but the last 12 months haven't been as kind. RH is essentially flat in the past year, but if the economy once again shows signs of strength, it will be back big.Source: Shutterstock NuStar Energy LP (NS)NuStar Energy LP (NYSE:NS) is a midstream energy company that operates as a limited partnership.Basically, that means NS operates pipelines and storage for petroleum and anhydrous ammonia. Anhydrous ammonia is made from natural gas and steam and is used as a fertilizer.As for the limited partnership piece, that means NS is structured so that stockholders are looked at as owners and get net profits distributed to them in the form of a dividend. This means shareholders aren't "double taxed" on their gains. * 7 Strong Buy Stocks That Tick All the Boxes With U.S. energy production growing and exports also growing, the U.S. energy patch is in a bull market, especially with prices in the upper $50's. Also, NS stock should see some strength in its fertilizer business as the economy expands and spending is solid.Right now, NS is delivering a whopping 9.1% dividend, and that's after a 23% run on the stock year to date. Just remember this stock will be a bit volatile since it's a smaller energy company that will be influenced by energy prices and demand.Source: Shutterstock Cleveland-Cliffs (CLF)Cleveland-Cliffs (NYSE:CLF) has been around since 1847. And it's very likely you have never heard of it.Why? Because it has done one thing in all that time, and unless you're a domestic steel company, its name likely never came up.Granted the U.S. steel industry has been through some significant ups and downs over the past 50 years. But the thing about a company like CLF, which has seen its share of good times and bad times over the past 172 years, is it knows how to adapt.CLF supplies iron ore pellets to the U.S. steel industry. Its mines are in Michigan and Minnesota. It pelletizes the ore in a production facility in Ohio, and the headquarters is in Cleveland.That means all its production and distribution is U.S.-based. That keeps things simple in what can be a very complex global market.This is certainly one sector that has benefited from the U.S.-China trade war, with CLF up 22% in the past year. And it's still trading at a 2.64 P/E. But remember, this is a commodity-based company, so the P/E isn't going to reach big double-digits.In January a major global steel company cut steel production by about 40 million tons a year because of dam disaster at one of its properties in Brazil. That spells opportunity for CLF for 2019 and beyond. It also pays a solid 2% dividend.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy Today * 7 ETFs to Buy to Ride the Longevity Economy * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% Compare Brokers The post 7 Small-Cap Stocks That Make the Grade appeared first on InvestorPlace.
In what could potentially be a breakthrough for the U.S. CBD market, the Food and Drug Administration announced the first public hearing to obtain more data about CBD products. The announcement comes as ...
Designer Brands Inc (NYSE:DSW) files its latest 10-K with SEC for the fiscal year ended on January 31, 2019.
Designer Brands Inc NYSE:DSWView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for DSW with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold DSW had net inflows of $3.30 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
reported a messy fiscal fourth quarter due to one-time charges and expenses related to an acquisition. Same-store sales rose more than 5%, but the non-recurring items dragged full-year 2018 adjusted earnings per share down to $1.65, versus a $1.75 estimate for the year ended Feb. 2, 2019.
DSW Inc.'s plan to focus on private-label merchandise through its Camuto Group acquisition comes with a risk, according to Canaccord Genuity analysts. DSW, which has changed its name to Designer Brands with a new ticker, "DBI," that will go into effect April 2, announced during its Tuesday investor day that it will focus on exclusive merchandise. "This increase in private label goods made by Camuto will over time replace the 700 labels (20% of the mix today) that do not warrant shelf space," Canaccord wrote. "While we see the potential behind this strategy, we also see risks DSW may not be accounting for, namely risk to Camuto's private label wholesale business with Dillard's and Macy's." Canaccord analysts are concerned that Dillard's Inc. and Macy's Inc. would move their business elsewhere to reduce competition. "[T]hat is just what we are seeing evidence of with Steve Madden having won a portion of the Dillard's private-label business," Canaccord said. Canaccord rates DSW shares hold with a $25 price target, down from $28. DSW stock closed Wednesday down nearly 13%, and are down 4.5% in Wednesday trading. Shares have sunk 14.5% in 2019. The S&P 500 index has gained 12.6% for the year to date.
Stocks that moved substantially or traded heavily on Tuesday: DSW Inc., down $3.27 to $22.09 The footwear retailer surprised investors with a fourth-quarter loss. Michaels Cos., up $1 to $12.79 The arts ...
DSW, now called Designer Brands, will operate retail stores under the DSW Designer Shoe Warehouse, The Shoe Company and Shoe Warehouse banners and will produce items under Camuto Group, which it bought in November. The announcements were made at an investor event Tuesday, which came as the retailer posted a surprise loss in its latest period and projected profit for the current fiscal year below analysts’ expectations. Making its own exclusive line of products will help the company stem the flow of sales going directly to vendors by offering consumers products they can only get in DSW stores or online, Mr. Rawlins said.
Shoe chain DSW Inc. on Tuesday reported a surprise loss for its fiscal fourth quarter as it digested costs from acquisitions. DSW, based in Columbus, Ohio, also offered a disappointing earnings forecast for the current year, which drove shares down more than 13 percent. The results come as the chain said it plans to change its corporate name to Designer Brands Inc. as it expands its offerings.
The new name recognizes the acquisitions and changes it has undergone in recent years to expand its capabilities beyond the 500 stores for which it’s best known.
Unlike many retailers that have bounced back from December’s steep selloff, the show retailer’s shares are still trailing the broader market in 2019, falling more than 10%
DSW stock was falling hard on Tuesday following the release of its earnings report for the fourth quarter of 2018.Source: Shutterstock DSW (NYSE:DSW) reported losses per share of 7 cents during the fourth quarter of the year. This is a major drop from the company's earnings per share of 38 cents from the same time last year. It was also a blow to DSW stock by missing Wall Street's earnings per share estimate of 4 cents for the quarter.The DSW earnings report for the fourth quarter of 2018 also includes a net loss of $45.73 million. This is down from the company's net income of $11.95 million reported in the fourth quarter of 2017.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOperating loss reported by DSW in the fourth quarter of the year comes in at $57.02 million. The U.S. retailer of footwear reported operating income of $34.17 million during the same period of the year prior.DSW earnings for the fourth quarter of 2018 also have revenue coming in at $843.37 million. This is up from the company's revenue of $724.68 million reported in the fourth quarter of the previous year. It also has the company beating out analysts' revenue estimate of $841.53 million for the period, but that wasn't enough to keep DSW stock from falling today. * Top 7 Service Sector Stocks That Will Pay You to Own Them For the full year of 2018, DSW reported earnings per share of $1.66 on revenue of $3.18 billion. The company's earnings per share and revenue from the previous year was $1.52 and $2.81 million. Wall Street was looking for earnings per share of $1.76 on revenue of $3.18 billion for 2018.DSW stock was down 12% as of Tuesday morning. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post DSW Stock Dives on Surprising Q4 Earnings Miss appeared first on InvestorPlace.
plunged on Tuesday after the company reported a surprise fiscal fourth-quarter loss, even as revenue came in roughly as expected. DSW said it lost $5.4 million, or 7 cents a share, in its fiscal fourth quarter ended Feb. 2, vs. earnings of $30.8 million, or 38 cents a share, in the comparable year-earlier period. Strong demand for its DSW Kids line of offerings partially offset higher overall expenses and an increase in inventories, DSW said.
Equity markets inched their way higher on light volume. The entire decade long era of slower growth was in fact created at the central banks as a means of preventing the "Great Recession" from becoming a depression.
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Canada's top bureaucrat tendered ...