|Bid||25.580 x 900|
|Ask||25.590 x 1400|
|Day's Range||25.120 - 25.780|
|52 Week Range||8.810 - 29.200|
|PE Ratio (TTM)||67.62|
|Earnings Date||Aug 22, 2018 - Aug 27, 2018|
|Forward Dividend & Yield||0.80 (3.10%)|
|1y Target Est||22.58|
Within that theme, here’s an M&A rumor you probably haven’t heard yet, but is nonetheless plausible: e-retail giant Amazon.com, Inc. (NASDAQ:AMZN) acquiring cosmetics retailer Ulta Beauty Inc (NASDAQ:ULTA). The grocery and cosmetics industries have a ton of parallels. Amazon’s growth strategy in grocery included acquiring the premiere bricks-and-mortar player in the field.
LONDON, UK / ACCESSWIRE / June 14, 2018 / If you want access to our free earnings report on Nordstrom, Inc. (NYSE: JWN), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=JWN. The Company reported its first quarter fiscal 2018 operating and financial results on May 08, 2018. Additionally, the Company updated its guidance for the full fiscal year 2018.
The New Albany-based retailer is building on its music industry bonafides as well. Today, it is curated playlists on services such as Spotify and sponsoring/working with music festivals, among other work. It was named the official fashion brand of Made In America, a two-day music festival over Labor Day weekend in Philadelphia.
After a decade of focusing on the so-called millennial generation, some U.S. companies are starting to look ahead to what’s next. Target Corp is introducing new in-house brands of shoes, apparel and accessories this year, geared towards customers who may not be old enough to drink legally. Apparel company Abercrombie & Fitch Co launched a YouTube show hosted by online celebrity Hunter March rather than spending on television commercials to promote its Hollister brand of clothes.
Abercrombie & Fitch (ANF) reported a first-quarter adjusted loss per share of $0.56, which was much lower than the loss of $0.77 per share that analysts expected. Foreign exchange benefitted the bottom line by $0.03 per share. On a reported basis, loss per share narrowed YoY to $0.62 from $0.91. Higher revenue, improvement in operating loss, and lower tax rates cushioned the bottom-line performance amid rising expenses. The company also repurchased 0.8 million shares for $19 million in the first quarter.
The retailpocolypse looks like it's wrapping up. The S&P Retail ETF has climbed more than 4% over the course of the week on the heels of a solid first quarter earnings season for the sector. On Wednesday, the XRT was nearing its 52-week high of $49.
A big rally in Ulta Beauty Inc (NASDAQ:ULTA) has hit a couple of speed bumps in the past week — but it looks like Ulta Beauty stock will come out just fine. Soft Q2 guidance appeared to be the initial catalyst — but Ulta Beauty stock quickly recovered its losses. Now, Goldman Sachs Group Inc (NYSE:GS) has downgraded ULTA to “neutral” from “buy.” Here, too, investors shrugged off the news: ULTA only dropped 1%.
Abercrombie & Fitch (ANF) reported first-quarter sales of $730.9 million, up 11% on a YoY basis. Favorable forex added 4% to sales growth in the first quarter, while the calendar shift added $10 million. Abercrombie & Fitch expects comps and sales growth of 2%–4% in fiscal 2018.
After the company’s stellar first-quarter results, of the 16 analysts covering Abercrombie & Fitch (ANF) stock, 44% retained a “hold” rating as of June 4. Another 25% rated it as a “buy,” while the remaining 31% of analysts rated the stock a “sell.”
As of June 4, Abercrombie & Fitch (ANF) stock had jumped 10.4% since the announcement of its fiscal first-quarter results on June 1. The company reported robust top-line and bottom-line performances for the first quarter. Strong Hollister brand sales, international operations, and D2C (direct-to-customer) sales were the main growth catalysts.
Abercrombie & Fitch (ANF) reports narrower-than-expected loss for first-quarter fiscal 2018. Additionally, the company's sales surpass estimates. Further, it updates guidance for fiscal 2018.
Between data centers, search, YouTube, Waymo and a host of other businesses the tech giant has its hands in a lot, as was apparent in a recent "60 Minutes" segment. TheStreet has been picking apart the Action Alerts PLUS holding going segment-by-segment looking at the value of its Waymo unit. Assigning a valuation to Alphabet's Waymo autonomous driving unit is very much a guessing game.
Co. reported better-than-expected sales in the latest quarter, but the performance wasn’t received well by investors as specialty retailers struggle to qualm industry skeptics’ concerns. Shares fell 8.7% in Friday trading after the company said sales at stores open at least one year rose 5%, as growth at Hollister continued to outpace Abercrombie brand stores. , senior specialty retail and apparel analyst with B. Riley FBR Inc. But as teen retailers have done well, investors are taking profits.
Abercrombie & Fitch Co shares fell 9 percent on Friday after the apparel company suggested customer visits to its international flagship A&F stores were still not up to the mark despite its best efforts to turn the brand around. The Abercrombie brand has seen higher demand this year after struggling for the past five years, as the company revamped stores, launched sophisticated designs and scrapped its famously risqué advertisements.
Abercrombie & Fitch easily beat first-quarter estimates and guided full-year revenue growth above views, but share sank on doubts that remodeled stores will pay off.
Abercrombie & Fitch continued its hot streak both in stores and online. The New Albany-based retailer on Friday said net sales were up 11 percent to $730.8 million with a comparable store sales increase of 5 percent overall with a 6 percent rise in the Hollister chain and a 3 percent increase at Abercrombie & Fitch stores. Hollister continues a multi-quarter run of positive results while the Abercrombie brand has now posted two consecutive quarters of gains.
The Abercrombie brand has seen higher demand this year after struggling for the past five years, as the company revamped stores, launched sophisticated designs and scrapped its famously risqué advertisements. "We've done a couple of things, including rolling out our loyalty programs and investing in (Abercrombie) stores to improve conversion, and we have seen benefits there," Chief Financial Officer Scott Lipesky said on a conference call with analysts. Both the Abercrombie and Hollister brands topped Wall Street expectations for same-store sales, while the company's overall sales rose 11 percent and its net loss was much smaller than expected.
Apparel retailers are finally winning back shoppers just as a new potential problem arises: more expensive cotton. Abercrombie & Fitch Co. is keeping an eye on rising cotton prices and the retailer’s supply chain teams are working to try to offset the costs, the company said on a conference call Friday after reporting first-quarter earnings. Now, after a first quarter when many clothing companies saw improved demand, commodity prices may hamper that good news.
Abercrombie & Fitch Co. reported losses per share of 56 cents for the first quarter of the year. It also beat out Wall Street’s losses per share estimate of 77 cents for the quarter. Net loss reported by Abercrombie & Fitch Co. for the first quarter of 2018 was sitting at $41.51 million.
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Friday.