|Bid||0.00 x 3200|
|Ask||0.00 x 800|
|Day's Range||31.07 - 32.72|
|52 Week Range||21.84 - 35.68|
|PE Ratio (TTM)||14.84|
|Earnings Date||Aug 23, 2018|
|Forward Dividend & Yield||0.97 (3.16%)|
|1y Target Est||32.90|
Gap Inc. will report its second quarter 2018 earnings results by press release on August 23, 2018 at 1:15 p.m. Pacific Time.
Wedbush analysts reviewed retailers including The Gap, Inc. (NYSE: GPS ), Nordstrom, Inc. (NYSE: JWN ) , L Brands, Inc. (NYSE: LB ) and Kohl’s Corporation (NYSE: KSS ). The Analyst Analyst Jen Redding ...
Wedbush initiated coverage on several retailers this week, but doesn't think any are a good buy at the moment. Where we were: Retail stocks have bounced back this year, as investors let go of the fear that all physical stores will succumb to e-commerce. Where we're headed: With strong runs already under their belts, Wedbush is less inclined to jump in at the moment.
The earnings season is past its pinnacle with results from more than 380 S&P 500 members on board. Per the latest Earnings Preview report, total earnings for the S&P 500 index is expected to rise 23.9% in second-quarter 2018, with 14 of the 16 Zacks sectors likely to register double-digit earnings growth.
The company managed a firm second-quarter showing despite atypically tepid growth in airports serving Mexican tourist destinations.
Urban Outfitters (NASDAQ:URBN) stock now trades near record highs. Between the fact that the stock has moved close to fair value and the nature of the industry in which URBN operates, investors should hold off at these levels. Since its founding in 1970, it has managed to open over 400 stores across three continents under the Urban Outfitters name alone.
Between see-through yoga pants and a toxic work culture, Lululemon (NASDAQ:LULU) has faced its fair share of controversy since going public over a decade ago. Well, Lululemon has beaten Wall Street’s earnings expectations in each of the last four quarters. Despite the strong momentum Lululemon stock has posted–or perhaps more accurately, because of that momentum–I believe the stock has gotten ahead of itself.
NEW YORK, July 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The ...
On Wednesday, July 25, 2018, US markets saw broad based gains with all sectors finishing the trading sessions in green. All you have to do is sign up today for this free limited time offer by clicking the link below.
As name-brand retailers like Gap (NYSE: GPS) and Macy’s have closed hundreds of stores in recent years, online retailer ThredUp is heading in the opposite direction. Next week, the secondhand clothing startup will kick off its first-ever mall location in Pleasanton following two recent store openings in Los Gatos and Burlingame. More California locations will likely be on the way before the end of 2018, said Heather Craig, head of retail.
If you did any amount of discretionary shopping in recent years, chances are, you did it through Amazon (NASDAQ:AMZN). The e-commerce giant has single-handedly sparked a paradigm shift in the consumer market, in turn, it has sunk multiple retail stocks. Of that slice of the big pie, Amazon took home 43% market share.
High-flying Lululemon Athletica Inc.’s ( LULU) hunt for a new CEO is finally over. In a press release, the yoga apparel brand announced that Calvin McDonald, a former top executive at makeup chain Sephora, will take charge of the company from Aug. 20. McDonald, who also previously served as president and CEO of Sears Canada for two years, is set to replace Laurent Potdevin, whose four year stint at Lululemon abruptly came to an end in February after he was charged with improper conduct and accused of being in a relationship with a female subordinate.
Lululemon Athelitca (NASDAQ:LULU) launched in 1998 and since then has pretty much stuck to its knitting — selling yoga clothes to women and girls. LULU stock is up over 100% in the past 12 months and its earnings are killing it every quarter. Part of what has happened is that what started as a niche yoga and workout market has expanded into what is now termed “athleisure.” Basically, that is workout clothes that also double as casual wear.
Gap Inc. is suing high-end-mall operator Westfield for allegedly overcharging the fashion retailer in an action that underscores the sometimes-tense relationship between landlords and tenants as e-commerce transforms the retail sector. Other well-known U.S. retailers, such as Starbucks and Saks Fifth Avenue, have duked it out with landlords in court recently as they’ve sought to trim costs amidst a glut of shopping-center space. Gap’s lawsuit, filed in May in a state court in Los Angeles, charges Westfield with using fraudulent accounting that resulted in Gap paying more than its fair share of mall expenses at more than two dozen shopping centers. Gap also sued Westfield’s contractors that provided trash collection, including Waste Management Inc., for charging non-competitive rates that were too high.
The company, founded by actress Kate Hudson, said it's "rapidly surpassed $300 million in annual revenue" after being in business for five years.
LONDON, UK / ACCESSWIRE / July 9, 2018 / Active-Investors has a free review on The Gap, Inc. (NYSE: GPS) following the Company's announcement that it will begin trading ex-dividend on July 10, 2018. To capture the dividend payout, investors are required to purchase the stock a day prior to the ex-dividend date, that is by latest at the end of the trading session on July 09, 2018. Active-Investors has initiated due-diligence on this dividend stock.
As of June 22, Abercrombie & Fitch’s (ANF) forward PE multiple was 28.7x, much higher than other apparel retailers’ multiples. American Eagle Outfitters’ (AEO), Urban Outfitters’ (URBN), and Gap’s (GPS) PE multiples were 16.0x, 18.1x, and ~13.0x, respectively. Forward PE multiples, calculated by dividing a company’s stock price by analysts’ earnings estimates for the upcoming four quarters, are among the most popular metrics for making investment decisions.
As of June 22, Abercrombie & Fitch (ANF), American Eagle Outfitters (AEO), and Urban Outfitters (URBN) stock had risen 60.2%, 29.7%, and 31.3%, respectively, year-to-date. Meanwhile, Gap (GPS) had fallen 2.0%. Apparel retailers’ sales growth has deteriorated due to the rapid expansion of e-commerce.
As retail changes and companies struggle to attract and retain customers, several themes have emerged, including improved customer service and convenience. "Clients feel pretty comfortable with Nordstrom, they know know they can always take something back because they have a really friendly return policy.
On Friday, June 22, 2018, the Dow Jones Industrial Average and the S&P 500 edged 0.49% and 0.19% higher, respectively at the closing bell, while the NASDAQ Composite stayed bearish, finishing marginally lwer by 0.26%. Taking into consideration last Friday's market sentiment, WallStEquities.com assessed the following Apparel Stores equities this morning: The Buckle Inc. (NYSE: BKE), The Children's Place Inc. (NASDAQ: PLCE), The Gap Inc. (NYSE: GPS), and Urban Outfitters Inc. (NASDAQ: URBN). On Friday, shares in Kearney, Nebraska headquartered The Buckle Inc. recorded a trading volume of 363,571 shares.