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Traders unimpressed with Gap's 25% profit jump
Original at BloggingStocks
• Thu, Nov 19
By Elizabeth Harrow Filed under: Earnings reports, Gap Inc (GPS), Options The retail issue also announced a new stock buyback plan worth $500 million. About $20 million of that amount will be repurchased from the family of founder Donald Fisher, who passed away in September.
Before the bell: Futures lower on economic concerns; retail, tech in focus
Original at BloggingStocks
• Thu, Nov 19
By Melly Alazraki Filed under: Before the bell, Microsoft (MSFT), Dell (DELL), Hewlett-Packard (HPQ), Market matters, JPMorgan Chase (JPM), Sears Holdings (SHLD), Gap Inc (GPS), Economic data, salesforce.com inc (CRM)
Is Old Navy's comeback for real? Of course not
Original at BloggingStocks
• Wed, Nov 18
By Zac Bissonnette At least, that's what most media outlets are reporting. According to Associated Press, "the bad economy has been good for the chain's lower-price Old Navy brand, which was retooled last year to resume catering to frugal moms after an ill-fated foray into trendier fashions."
The week in preview: More retail earnings: Gap, Home Depot, Sears, Target ...
Original at BloggingStocks
• Sat, Nov 14
By Trey Thoelcke On the heels of last week's better-than-expected earnings results from retailers Abercrombie & Fitch Co. (ANF), Kohl's Corp. (KSS), Macy's Inc. (M), Urban Outfitters Inc. (URBN) and Wal-Mart Stores Inc. (WMT) -- as well as disappointing numbers from Blockbuster Inc. (BBI) and JCPenne...
Abercrombie & Fitch: A momentum play after Q3 release?
Original at BloggingStocks
• Fri, Nov 13
By Steven Mallas Back in August, I discussed my amazement at Abercrombie & Fitch (ANF). The stock just didn't seem to be acting in a manner which reflected the fundamentals of the business it represents. Well, my bout of amazement continues, because shares of the retailer are up 9% as of this writing on t...
Consumer spending falls victim to debt repayment
Original at BloggingStocks
• Sat, Nov 7
By Tom Johansmeyer According to the Federal Reserve, borrowing fell at an annual rate of $14.8 billion in September -- it's biggest drop since July and much larger than the $10 billion predicted by economists. The behavior is exactly what you'd find in people worried about losing their jobs or focused on rebu...
Retail sales: Signs of life, but not yet a rising tide
Original at BloggingStocks
• Fri, Nov 6
By Tom Johansmeyer Filed under: Wal-Mart (WMT), Target Corp. (TGT), Costco Wholesale (COST), Gap Inc (GPS), Nordstrom, Inc (JWN)
Cramer on BloggingStocks: A monumental run
Original at BloggingStocks
• Mon, Oct 19
By Jim Cramer Filed under: Apple Inc (AAPL), Market matters, International Business Machines (IBM), Gap Inc (GPS), Cramer on BloggingStocks
Donald Fisher, legendary retail giant, dies
Original at BloggingStocks
• Mon, Sep 28
By Tom Taulli Back in the late 1960s -- when the hippie movement was in full force -- Donald Fisher started a blue jeans store in San Francisco. Yes, it eventually turned into a retail empire, called The Gap (NYSE: GPS). The company now has more than 3,100 stores and $14.5 billion in revenues.
Twelve straight months of retail sales declines
Original at BloggingStocks
• Fri, Sep 4
By Tom Johansmeyer Some retailers actually showed gains. TJMaxx (NYSE: TJX) and Old Navy, a Gap (NYSE: GPS) company, for example, saw year-over-year sales increases, though upscale stores generally sustained declines. The action on the discount side could be an early sign that the consumer is ready to pla...
American Eagle Outfitters bombs with comps in the second quarter
Original at BloggingStocks
• Fri, Aug 28
• 1 related articles
By Steven Mallas American Eagle Outfitters (NYSE: AEO), a fashion retailer that competes with Gap (NYSE: GPS) and Abercrombie & Fitch (NYSE: ANF), didn't do too well in Q2. Total sales went down 5%, and earnings per share on a GAAP basis fell a most awful 50% to 14 cents. According to Bloomberg, the adjus...
Aeropostale posts a sharp increase in Q2 profit
Original at BloggingStocks
• Fri, Aug 21
• 1 related articles
By Steven Mallas Aeropostale (NYSE: ARO), a retailer that competes with Abercrombie & Fitch (NYSE: ANF), American Eagle Outfitters (NYSE: AEO), and Gap (NYSE: GPS), posted what I thought was a superb second-quarter earnings summary on Thursday after the bell. The figures were very appealing, and...
Limited Brands: Buy or Sell after better-than-expected Q2?
Original at BloggingStocks
• Thu, Aug 20
By Steven Mallas Limited Brands (NYSE: LTD), whose colleagues include Gap (NYSE: GPS) and Hanesbrands (NYSE: HBI), is one sexy company. It operates the Victoria's Secret chain of stores among other concepts. However, it's been having trouble increasing sales and income during the recession -- like eve...
Analyst upgrades, downgrades and initiations: AA, CI, DIS, GPS, NFLX ...
Original at BloggingStocks
• Wed, Aug 19
By Eric Buscemi Keefe Bruyette upgraded Popular (NASDAQ: BPOP) to Outperform from Market Perform as it believes the issuance of new common stock in exchange for outstanding preferred and trust preferred stock is a net positive. The firm has a $3.50 target on the stock. Merriman upgraded Super Micro Compu...
NYSE traders to wear Gap jeans for a day?
Original at BloggingStocks
• Mon, Aug 17
By Zac Bissonnette The Wall Street Journal reports (subscription required) that "As part of a joint promotion between Gap Stores Inc. (NYSE: GPS) and the Big Board, traders will be outfitted with 1969 Premium Jeans from the retailer. Gap executives will ring the closing bell Friday, remotely from the compa...
Abercrombie & Fitch bid higher after Q2 report -- why?
Original at BloggingStocks
• Sat, Aug 15
By Steven Mallas Filed under: Earnings reports, Gap Inc (GPS), Abercrombie and Fitch (ANF), American Eagle Outfitters (AEO)
Guess? defeats analysts in Q1: Is the buying overdone?
Original at BloggingStocks
• Fri, Jun 5
By Steven Mallas lt;p>Filed under: <a href="http://www.bloggingstocks.com/category/earnings-reports/" rel="tag">Earnings reports</a>, <a href="http://www.bloggingstocks.com/category/jcp/" rel="tag">Penney (J.C.) (JCP)</a>, <a href="http://www.blo...
Gap (GPS) drops on disappointing May sales
Original at BloggingStocks
• Thu, Jun 4
By Brent Archer This morning, GPS opened at $17.50. So far today the stock has hit a low of $16.74 and a high of $17.70. As of 11:50, GPS is trading at $16.77, down $1.46 (-8.0%). The chart for GPS looks bearish and S&P gives GPS a negative 2 STARS (out of 5) sell ranking.
J. Crew beats projections -- but is the stock too high?
Original at BloggingStocks
• Fri, May 29
By Steven Mallas Filed under: Earnings reports, Gap Inc (GPS), Abercrombie and Fitch (ANF), American Eagle Outfitters (AEO) J. Crew Group (NYSE: JCG), a retailer that shares space at the mall with Abercrombie & Fitch (NYSE: ANF), Gap (NYSE: GPS), and American Eagle Outfitters (NYSE: AEO), has, as a...
Earnings highlights: HP, Gap, Saks, Hormel, Barnes & Noble and more
Original at BloggingStocks
• Sat, May 23
By Trey Thoelcke AnnTaylor Stores Corp. (NYSE: ANN) reported a smaller-than-expected Q1 loss as sales slumped. Barnes & Noble Inc. (NYSE: BKS) smaller-than-expected Q1 net loss sent shares higher. Children's Place Retail Stores Inc. (NASDAQ: PLCE) solid Q1 results were in line with expectations. Dic...
Retailers vs. mall owners: Who is winning?
Original at BloggingStocks
• Thu, Jan 8
By Connie Madon Now, on the other side, retailers are trying to renegotiate their leases to lower their overhead. These include such names as Office Depot (NYSE: ODP), Chico's Fas Inc. (NYSE: CHS), Pier 1 Imports Inc. (NYSE: PIR), and The Gap (NYSE: GPS). Some mall owners are helping retailers by lowering "s...
Going down in flames: Gap is falling into . . . well, you know
Original at BloggingStocks
• Thu, Aug 14
By Bruce Watson The first problem lies with brand identity. Gap, Inc. owns three major retail chains: Gap, Old Navy, and Banana Republic. Although the Gap was, historically, a relatively inexpensive brand, it has forged out a mid-level space for itself. At this point, its customers expect well-construct...
Dress up your portfolio with this apparel stock (TRLG)
Original at BloggingStocks
• Tue, May 27
By Timothy Sykes Filed under: Gap Inc (GPS), Abercrombie and Fitch (ANF), Under Armour'A' (UA), Technical Analysis, Stock screen, Liz Claiborne (LIZ), Stocks to Buy, RecessionI know, I know, with the economy sputtering, why would you ever want to be invested in an apparel company that produces expens...
Option Update: Wal-Mart volatility low; shares near four-year high into EPS
Original at BloggingStocks
• Fri, May 9
By Paul Foster Gap (NYSE:GPS) is scheduled to report Q1 EPS on May 22. Buckingham Research says "We continue to rate the shares of GPS as Neutral due to valuation and lack of progress on a turnaround." GPS June option implied volatility of 41 is near its 26-week average, suggesting non-directional price r...
Earnings previews: Abercrombie (ANF), Gap (GPS), Nordstrom (JWN)
Original at BloggingStocks
• Sun, Nov 18
By Trey Thoelcke Abercrombie & Fitch Co. (NYSE: ANF), Gap Inc. (NYSE: GPS), and Nordstrom Inc. (NYSE: JWN) are scheduled to report earnings next week, offering a chance to see how these apparel retailers have been doing in the lead-up to the holiday season.