3.04 -0.01 (-0.33%)
After hours: 7:57PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||3.01 - 3.10|
|52 Week Range||2.35 - 6.30|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 10, 2018 - May 14, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.94|
Retail stocks have historically under-performed when interest rates rise. Here is some quick data to consider.
Sears Holdings’ (SHLD) fiscal 4Q17 adjusted EPS (earnings per share) of -$1.41 came in much lower than the adjusted EPS of $1.16 expected by analysts and lower than its adjusted EPS of -$1.28 in fiscal 4Q16.
Sears Holdings’ (SHLD) fiscal 4Q17 gross profit was $924 million, a fall of 28.2% compared to fiscal 4Q16. Sears’s gross margin contracted 20 bps (basis points) to 21.1%. A contraction of 140 bps in its merchandise sales margin offset the expansion of 120 bps it saw in its gross margin for services.
Moody's Investors Service, ("Moody's") has affirmed the ratings on eight classes and downgraded the rating on one class in LB Commercial Mortgage Trust 2007-C3, Commercial Mortgage Pass-Through ...
Ulta Beauty’s (ULTA) sales of ~$1.9 billion in fiscal 4Q17 were almost in line with the analysts’ consensus sales estimate. Ulta Beauty’s (ULTA) sales growth in fiscal 4Q17 was driven by higher same-store growth, new store productivity, and the benefit of the additional week in the quarter. Ulta Beauty experienced strong performance in its prestige boutique brands such as MAC, Clinique, Lancome, and Benefit.
Sears Holdings (SHLD) has been in murky waters for quite some time now. Undeniably, Sears has been affected by the rise of e-commerce, but that’s not the only factor at play. Sears has been trying to boost its performance through underperforming store closures, cost cuts, debt financing, and asset sales.
Sears Holdings’ (SHLD) stock price fell 6.6% on March 15, 2018, following the announcement of its fiscal 4Q17 (the quarter that ended on February 3, 2018) results after the market closed on March 14. Sears’s revenue of $4.4 billion easily beat analysts’ consensus estimate of $3.9 billion, but its bottom line took a beating. Sears stock has been declining for a long time now.
Although J.C. Penney’s fiscal 2017 fourth quarter Ebitda beat the consensus forecast, it was down moderately on a year-over-year basis while fiscal 2018 guidance was underwhelming relative to the consensus ...
Now those payments are at risk in a dramatic turn of events as the iconic toy retailer speeds towards U.S. liquidation. More than a dozen executives, specialists and lawyers interviewed by Reuters said they expected many small vendors to go bankrupt due to the disappearance of Toys 'R' Us and Babies 'R' Us in the United States. "We have a $14-$15 million payment due that hasn't been paid," Isaac Larian, chief executive of Bratz dolls maker MGA Entertainment, said.
Salesforce, Canada Goose, Tesla and Nordstrom are the companies to watch.