|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||31.36 - 32.37|
|52 Week Range||21.02 - 35.68|
|PE Ratio (TTM)||14.83|
|Forward Dividend & Yield||0.97 (2.99%)|
|1y Target Est||N/A|
The chain is Old Navy, and its parent is Gap (GPS), whose long-slumping shares have returned 40% over the past year, compared with 17% for the Standard & Poor’s 500. One reason is that last quarter, Old Navy grew sales at longstanding stores by a whopping 9%. Compare that with one of investors’ few darlings among big clothing chains, Ross Stores (ROST), whose same-store sales grew 5% last quarter.
American Eagle Outfitters reported fiscal 4Q17 results on March 8, 2018. There has been no other price revision activity, but there might be some changes in the coming days. Currently, analysts’ 12-month average target price for the company is $20.12, which reflects a 2.5% upside to its stock price on March 12, 2018.
M.Gemi, which rotates its styles so that shoppers always see something new, is expanding more into bricks and mortar.
Express (EXPR) is slated to report its fiscal 4Q17 results on March 14, 2018. Analysts also expect EXPR’s adjusted EPS (earnings per share) to be $0.32 in fiscal 4Q17 compared to $0.29 in fiscal 4Q16. Express now expects its fiscal 4Q17 EPS to be in the range of $0.31–$0.33 compared to its earlier projected range of $0.40–$0.44.
For fiscal 4Q17, Express (EXPR) is expected to report sales of $686.9 million, up 1.2%, per the analysts. On January 9, 2018, Express stated that store sales (primarily, dress and sweaters) were negatively impacted by reduced footfall during the critical weeks leading to Christmas. Express added that online sales year-to-date remained robust with double-digit increases YoY (year over year).
On January 9, 2018, Express reported that its holiday season sales performance hadn’t been as expected and that it had lowered its fiscal 4Q17 outlook. In fiscal 4Q17, Express expects its EPS to be in the bracket of $0.31–$0.33 compared to its earlier projected range of $0.40–$0.44. On a YTD (year-to-date) basis as of March 9, 2018, Express’s stock price has fallen 27.7%.
Urban Outfitters (URBN) reported its fiscal 4Q18 results after the market closed on March 6, 2018. The company’s adjusted gross margin contracted 113 bps (basis points) to 32.3%. Its gross margin contracted 176 bps to 31.3% in the quarter.
With three weeks left until the deadline to report their gender pay gap , UK employers are dragging their feet: five out of six have yet to submit their figures on the government website . Companies are ...
Major retailers are spending well over $2,000 per square foot to have a storefront in Times Square, which attracts up to 420,000 visitors (mainly tourists) a day. The hefty price tag is worth it given that retailers get exposure 24 hours seven days a week.
Yahoo Finance’s Seana Smith speaks with Michelle Girard, chief US economist at NatWest Markets, about the retail sector’s impact on the jobs report.
Times Square is one of the few places in the U.S. that is immune to the brick-and-mortar doldrums. Yahoo Finance's Seana Smith, Dan Roberts and Dion Rabouin, as well as Hitha Herzog of H Squared Research, discuss why a vacant storefront in the Times Square, New York City is a rare sight.