Garmentos | by skapner | Sat, Jul 12
Sat, Jul 12
Don’t expect Gap Inc. (GPS) to return to growth in 2008. That was the between-the-lines message from CEO Glenn Murphy, who delivered fourth quarter results on Thursday. “We know at some point, this business has to show improvement on the top line,” Murphy told analysts on a conference cal...
Related News
Retail sales: Signs of life, but not yet a rising tide 
source: BloggingStocks
Filed under: Wal-Mart (WMT), Target Corp. (TGT), Costco Wholesale (COST), Gap Inc (GPS), Nordstrom, Inc (JWN)
Published Fri, Nov 6
Cramer on BloggingStocks: A monumental run 
source: BloggingStocks
Filed under: Apple Inc (AAPL), Market matters, International Business Machines (IBM), Gap Inc (GPS), Cramer on BloggingStocks
Published Mon, Oct 19
Donald Fisher, legendary retail giant, dies 
source: BloggingStocks
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.
Published Mon, Sep 28
Twelve straight months of retail sales declines 
source: BloggingStocks
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...
Published Fri, Sep 4
American Eagle Outfitters bombs with comps in the second quarter 
source: BloggingStocks
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...
Published Fri, Aug 28
Aeropostale posts a sharp increase in Q2 profit 
source: BloggingStocks
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...
Published Fri, Aug 21
Limited Brands: Buy or Sell after better-than-expected Q2? 
source: BloggingStocks
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...
Published Thu, Aug 20
Analyst upgrades, downgrades and initiations: AA, CI, DIS, GPS, NFLX ... 
source: BloggingStocks
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...
Published Wed, Aug 19