|Bid||30.11 x 1300|
|Ask||30.13 x 1800|
|Day's Range||29.60 - 31.33|
|52 Week Range||12.28 - 32.86|
|Beta (5Y Monthly)||1.58|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 23, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.71|
Dollar Tree stock popped as earnings beat Q3 views. Dick's, Urban Outfitters and Abercrombie also beat while Gap and Nordstrom were mixed.
Gap Inc (NYSE: GPS), Nordstrom, Inc. (NYSE: JWN), and American Eagle Outfitters Inc (NYSE: AEO) all report quarterly earnings after the bell today.Urban Outfitters, Inc. (NASDAQ: URBN) reported earnings after the close yesterday and beat estimates, which could be a positive forecast for the other names in its category. Baird analyst Mark Altschwager raised Urban's price target to $35 from $33 and said he would aggressively buy any pullbacks since he was expecting a fashion recovery next year--if true, these retailers will need to be ready.Despite increased competition from Target Corporation (NYSE: TGT) and Walmart Inc's (NYSE: WMT) own clothing brands and stay-at-home orders, the consumer is still buying new clothing from specialty retailers.Even though Gap, Nordstrom, and American Eagle all serve slightly different demographics, it will be useful to compare their results and see what overall strategy is working. Is brick and mortar coming back? Do the most successful companies have the best online experience? Or is the power of a name brand enough?See more from Benzinga * Click here for options trades from Benzinga * Monday's Market Minute: Previewing The Holiday Week * Friday's Market Minute: Treasury And The Fed Are At An Unnecessary Impasse(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Urban Outfitters (URBN) reports impressive results in third-quarter fiscal 2021. Robust strength in digital channel coupled with disciplined cost-control actions aid performance