Clothing posts
FeedPosted Mar 10th 2011 5:30PM by Steven Mallas (RSS feed)
Filed under: Gap Inc (GPS)
I was checking out an article over at GuruFocus on companies that have recently raised their dividend payments to shareholders. The Gap, Inc. (GPS) was on the list. I decided to take a brief look at the stock's current status.
At the time of this writing, shares of the retailer were off fractionally, priced at a quote of $21.44. The 52-week low for the shares is $16.62 while the 52-week high is $26.34. Don't you hate that? The stock is basically stuck in the middle of the range. So which way is it going to go?
Continue reading Gap -- Buy or Sell?
Posted Feb 3rd 2011 2:30PM by Connie Madon (RSS feed)
Filed under: Consumer Experience, Commodities, Federal Reserve
This year get ready to open your wallet wider and expect higher credit card bills for the basics like food, clothing and energy. You are probably wondering what is going on. While you weren't paying much attention, the price raw commodities surged in 2010. Corn, sugar, wheat, cotton, coffee and soybeans prices soared last year, as reported in the Wall Street Journal.
A confluence of factors pushed prices up. We had and still have demand explosion from China and India. The United Nations Food and Agriculture Organization's monthly food index which monitors a basket of commodities including meat, dairy and sugar rose for the sixth straight month to a record.
Continue reading Higher Commodity Prices Are Grabbing Your Money
Posted Jun 10th 2010 9:30AM by Steven Mallas (RSS feed)
Filed under: Earnings Reports

Men's Wearhouse (
MW) is an intriguing stock as it's been a trading vehicle for the most part. Over the
last twelve months, you can see that it's been up, then down, then up again, and then ... well, you get the picture. On Wednesday, the retailer, famous for its fine clothing lines for men, issued its Q1 report after the bell. At the time of this writing, the market was giving the numbers a big thumbs-up during the extended session, pushing the stock up over 5% to $19.66.
This got my notice because I'm wondering if the equity might be heading for another up-cycle. At the close of regular trading, the stock was down a little less than 1% to $18.67. The 52-week low is $16.51. Do you get the feeling that traders think this one got too beaten up?
Continue reading Is Men's Wearhouse a Buy After Q1 Report?
Posted Jun 3rd 2010 5:00PM by Joseph Lazzaro (RSS feed)
Filed under: Jones Apparel Group (JNY), Stocks to Buy

When considering retail plays, one should tread carefully, as the sector, simply, is a minefield. But, Jones Apparel Group, Inc. (
JNY), first discussed
on December 15, 2009, at a price of $16.55, is likely sector survivor. Here's why:
Jones Apparel is a multibrand apparel and accessories company that operates at both the wholesale and retail levels.
Jones strategic decision to emphasize a few brands (Jones New York, Nine West, Gloria Vanderbilt, and l.e.i.) is working, and should post improving results as the U.S. economic expansion strengthens. Look for JNY's revenue to increase a decent 2-3% in 2010.
Continue reading Jones Apparel: Core-Brand Focus Starts to Pay Off
Posted May 21st 2010 4:40PM by Joseph Lazzaro (RSS feed)
Filed under: Earnings Reports, Nordstrom, Inc (JWN), Stocks to Buy

Upscale department store chain Nordstrom Inc. (
JWN) posted first quarter earnings per share of
52 cents, slightly below the Thomson/Reuters First Call estimate of
55 cents, and given current market conditions, Wall Street, as expected, treated the shares rudely.
Shares of Nordstrom fell about $1 after the announcement, and have declined about $3 more, in-sync with the Dow's recent plunge, to trade at about $38.
In the first quarter, revenue rose 16.7% to $1.99 billion, with same store sales rising 12.0%. Each total obviously benefited from easy comparisons to the difficult 2009 year.
Continue reading Nordstrom: A Star in Upscale Retail
Posted May 19th 2010 5:20PM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, Polo Ralph Lauren'A' (RL)

Polo Ralph Lauren Corp. (
RL) is trading higher this afternoon on its fiscal fourth-quarter data. It's not shooting up like a rocket, but on a day when the markets are having a tough time seeing a bid, I'll take it.
At the time of this writing, shares of the company were up by $1.68, or nearly 2%, to $87.46. That's cool, but the volume is even better; it's multiple times the norm. There's conviction behind this move, huh? Question is, do you want to piggyback along for the ride?
Continue reading Polo Ralph Lauren Up on Q4 Numbers: Should You Buy?
Posted Mar 20th 2010 11:20AM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, Liz Claiborne (LIZ), Polo Ralph Lauren'A' (RL)
If you are a shareholder of apparel entity Perry Ellis (PERY), you probably aren't so happy about the price action seen on Friday. The stock was off by 9%, on strong volume. The market just wasn't buying the earnings news.
What happened? According to Reuters, the situation didn't seem so bad. The company made 64 cents per share in the fourth quarter. That was a lot better than the $1.58 per-share loss observed in the comparable period twelve months ago. Furthermore, estimates were set at 59 cents per share. Come on, what gives? Plus, if you look at the actual press release, you'll find some encouraging commentary from management. The worst of the economic problems is hopefully behind the business; in addition, cash flow appears to be decent.
Continue reading Perry Ellis Sold Off on Q4 Earnings
Posted Mar 11th 2010 3:00PM by Steven Mallas (RSS feed)
Filed under: Earnings Reports

Men's Wearhouse (
MW) issued Q4 results on Wednesday. After looking through them, I've come to the conclusion that the company's stock is not one I'll be adding to my portfolio.
Situations can change, of course, but for now, the stats do nothing at all for me. Total revenues decreased 4%. Same-store sales were down at each concept; the actual Men's Wearhouse brand was down over 7%. According to Reuters, the adjusted loss per share was 11 cents. This beat the analysts: they were bracing for a loss of 16 cents per share.
Continue reading Men's Wearhouse Beats Estimates, but I'm Not Buying
Posted Dec 28th 2009 12:30PM by Tom Johansmeyer (RSS feed)
Filed under: Best Buy (BBY), MasterCard Inc'A' (MA), Gap Inc (GPS), Abercrombie and Fitch (ANF), Recession
The first estimates for the holiday shopping season have come in. MasterCard (MA) Advisors unit SpendingPulse, which tracks retail spending, puts the result at a year-over-year increase of 3.6%. This includes all form of payment and does not factor in gas and auto sales. The increase comes relative to the 2008 holiday season, which was the worst season in decades for retailers thanks to the global financial crisis.
Says Kamalesh Rao, director of economic research at SpendingPulse, "Last year the economy and consumer spending were in free fall. This year we're talking about an environment that has stabilized, that has seen a leveling off." But, that doesn't mean it's turned the corner yet. Holiday spending isn't enough to cure what ails us.
Continue reading Early Estimates for Retail Sales Favor Online
Posted Sep 10th 2009 8:30AM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, Wal-Mart (WMT), Target Corp. (TGT)
Men's Wearhouse (NYSE: MW) issued second-quarter results after the bell on Wednesday. In terms of bottom-line performance, the retailer passed with flying colors. Earnings per share increased to 75 cents per share from the adjusted 72 cents per share observed a year ago. Granted, that's only a three-penny difference, but when it comes to expectations, well, they were blown out the door. According to Reuters, Wall Street was only preparing for 60 cents per share.
Unfortunately, the top-line picture wasn't so pretty. Total sales fell 3.5%, and same-store sales for all of the company's brands declined. The flagship Men's Wearhouse concept saw a comps dip of 2%.
Continue reading Men's Wearhouse demolishes expectations in Q2 -- time to take profits?
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