|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||20.99 - 21.52|
|52 Week Range||15.14 - 22.78|
|PE Ratio (TTM)||25.35|
|Earnings Date||May 21, 2018 - May 25, 2018|
|Forward Dividend & Yield||1.00 (4.61%)|
|1y Target Est||22.58|
Mar.27 -- DSW Vice President Klaus Nieding discusses reports that John Cryan's days are numbered as chief executive officer of Deutsche Bank on "Bloomberg Markets: European Close."
LONDON, UK / ACCESSWIRE / April 20, 2018 / Active-Investors.com has just released a free earnings report on DSW Inc. (NYSE: DSW). The Company reported its financial results on March 13, 2018, for the fourth quarter and full fiscal year ended February 03, 2018. The Company surpassed analysts' forecasts for earnings but missed estimates for revenues for Q4 FY17.
Of the 14 analysts covering Deckers Outdoor (DECK) on April 16, 2018, 71% recommended “hold,” 21% recommended “buy,” and 8% recommended “sell.” There have been no price revisions in the last month. Analysts’ 12-month average target price for Deckers Outdoor stock is $95.75, which reflects a 0.8% upside based on its stock price on April 16, 2018.
Forward PE ratios (stock price divided by analysts’ earnings projections for the next four quarters) are frequently used for making investment decisions. As of April 16, 2018, Skechers (SKX) was trading at a 12-month forward PE ratio of ~17.7x, much higher than other footwear retailers. In comparison, Deckers Outdoor (DECK), DSW (DSW), and Foot Locker (FL) were trading at 12-month forward PE ratios of 16.2x, 13.1x, and 9.6x, respectively.
Analysts expect Foot Locker’s (FL) adjusted EPS (earnings per share) to grow 8.8% to $4.47 in fiscal 2018. The company has guided for its EPS to grow by double digits, driven by expected increases in its top line and a reduced share count in 2H18. Its effective tax rate is expected to be ~27%–28%.
In fiscal 2017 (ended February 3, 2018), Foot Locker’s (FL) gross margin contracted by 230 basis points to 31.6%, mainly due to a narrower merchandise margin. The rise in SG&A and litigation expenses led to a 42.9% decline in operating income to $571 million. Foot Locker had an operating margin of 7.3%, compared with 12.9% in fiscal 2016.
Analysts expect Foot Locker’s (FL) sales to fall 1% to $7.7 billion in fiscal 2018. Foot Locker expects sales trends to improve in 2H18, driven mainly by increased sales of premium products. Foot Locker is eyeing higher penetration in the apparel category.
As of April 16, 2018, Deckers Outdoor (DECK), DSW (DSW), and Skechers (SKX) stock had risen 18.3%, 0.6%, 12.1%, respectively, year-to-date. However, Foot Locker (FL) had fallen 7.5%. Deckers had a good holiday season, with the UGG brand showing strength and increases in full-price selling. Skechers’s robust international business continued to boost its top line. However, Foot Locker had a weaker holiday season, with footwear comps falling by mid-single digits. For DSW, its buyout of Ebuys has created troubles. The company is exiting Ebuys as losses continue to swell.
Retail stocks are always tricky. Firstly, the macro backdrop for retail has to be healthy in order for retail stocks to rise. You need to have strong consumer confidence and upbeat consumer spending patterns.
SAN FRANCISCO, CA / ACCESSWIRE / April 9, 2018 / Block & Leviton LLP announced today that it has filed a nationwide class action lawsuit against Walmart (WMT), Bloomingdales, DSW (NYSE: DSW), Burlington ...
COLUMBUS, Ohio, April 3, 2018 /PRNewswire/ -- DSW Inc. (DSW), a leading branded footwear and accessories retailer, today announced that Drew Domecq has joined the organization as senior vice president and chief information officer, effective April 2. Mr. Domecq will report to Chief Executive Officer Roger Rawlins. Mr. Domecq is a seasoned IT professional who brings a mix of IT, commercial, and brand experience to this critical executive role, where he will be responsible for the continued evolution of DSW's digital platforms to create engaging customer experiences online and in-store, while supporting key growth initiatives such as the launch of DSW's new loyalty program and acquisition of Canada's Town Shoes Ltd.
To receive further updates on this DSW Inc. (NYSE:DSW) trade as well as an alert when it’s time to take profits, sign up for a risk-free trial of Power Options Weekly today. From a technical perspective, the S&P 500 has now retested its February lows and has so far managed to remain above support at the 2,600 level.
Since Finish Line’s (FINL) fiscal 4Q18 results, most of the 14 analysts covering the stock have maintained a “hold” rating. There have been no price revisions since Finish Line reported its results on March 29, 2018. Currently, analysts’ 12-month average target price for the company is $12.97, which reflects a 4.2% downside to the stock price as of March 29, 2018.
On March 26, 2018, Finish Line reported preliminary numbers for fiscal 4Q18, which ended on March 3, 2018. Finish Line Macy’s sales were up 8.5%, but the company’s sales were down 0.9%. Comps (comparable store sales) were down 7.9% in fiscal 4Q18.
Though growth stocks have been big winners since the Trump election, value stocks did win the returns race for all of 2016 and have been the victor by a wide margin – 13.4% to 9.4% per year – over the ...
Trade war talks and political turmoil in Washington resulted in a somewhat volatile trading week for U.S. stocks, which edged lower overall. Despite some of the noise, a group of major businesses demonstrated their optimism by announcing higher dividends.