NEW YORK, March 10, 2017 /PRNewswire/ —
The Apparel Stores segment includes retailers that engage in the design, marketing, and sale of clothing and footwear. Generally, companies in this industry are affected greatly by the strength of their brand. They are usually structured as corporations, and offer average dividend yields in comparison to the wider market. This morning, Stock-Callers.com tracks the current performances of The Gap Inc. (NYSE: GPS), American Eagle Outfitters Inc. (NYSE: AEO), Ascena Retail Group Inc. (NASDAQ: ASNA), and Nordstrom Inc. (NYSE: JWN). Learn more about these stocks by downloading their comprehensive and free reports at:
On Thursday, shares in San Francisco, California headquartered The Gap Inc. saw a slight drop of 0.41%, ending the day at $24.13. The stock recorded a trading volume of 4.03 million shares. The Company’s shares have advanced 6.11% in the last one month and 7.53% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.52% and 2.21%, respectively. Moreover, shares of The Gap, which operates as an apparel retail company worldwide, have a Relative Strength Index (RSI) of 49.03.
On February 23rd, 2017, Gap announced diluted earnings per share of $0.55 for Q4 FY16 and $1.69 for FY16 on a reported basis. The Company’s Q4 FY16 comparable sales were up 2% compared with a decline of 7% last year. Gap’s Q4 FY16 net sales increased 1% to $4.43 billion and FY16 net sales were $15.5 billion.
On February 24th, 2017, research firm Wedbush reiterated its ‘Neutral’ rating on the Company’s stock with a decrease of the target price from $27 a share to $23 a share. GPS complete research report is just a click away and free at:
American Eagle Outfitters
Shares in Pittsburgh, Pennsylvania headquartered American Eagle Outfitters Inc. ended the day 0.75% lower at $14.48 with a total trading volume of 4.05 million shares. The stock is trading below its 50-day moving average by 4.23%. Shares of the Company, which operates as a specialty retailer offering on-trend clothing, accessories, and personal care products under the American Eagle Outfitters and Aerie brands, have an RSI of 43.70.
On March 02nd, 2017, research firm Wolfe Research reiterated its ‘Peer Perform’ rating on the Company’s stock with a decrease of the target price from $16 a share to $14 a share.
On March 08th, 2017, American Eagle Outfitters announced a quarterly cash dividend of $0.125 per share, marking the Company’s 51st consecutive quarterly dividend. The dividend is payable on April 21st, 2017, to stockholders of record at the close of business on April 07th, 2017. The complimentary report on AEO can be downloaded at:
At the close of trading on Thursday, shares in Mahwah, New Jersey-based Ascena Retail Group Inc. finished 6.80% lower at $4.25. A total volume of 6.52 million shares was traded, which was above their three months average volume of 3.49 million shares. The stock is trading below its 50-day moving average by 18.39%. Additionally, shares of Ascena Retail, which through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the US, Canada, and Puerto Rico, have an RSI of 33.32.
On March 06th, 2017, Ascena retail reported a net loss on a GAAP basis for Q2 FY17 of $0.18 per diluted share compared to a net loss of $0.12 per diluted share in Q2 FY16. The Company’s net sales for Q2 FY17 were $1.748 billion compared to $1.842 billion in Q2 FY16. The decrease in sales reflected the impact of 4% comparable sales decline.
On March 07th, 2017, research firm Citigroup downgraded the Company’s stock rating from ‘Neutral’ to ‘Sell’. Sign up for your complimentary research report on ASNA at:
Seattle, Washington-based Nordstrom Inc.’s shares recorded a trading volume of 2.10 million shares at the end of yesterday’s session. The stock closed the day 1.06% lower at $44.67. The Company’s shares have advanced 5.26% in the last one month. The stock is trading below its 50-day moving average by 0.83%. Additionally, shares of Nordstrom, which offers apparel, shoes, cosmetics, and accessories for men, women, and children in the US and Canada, have an RSI of 48.34.
On February 27th, 2017, research firm RBC Capital Markets reiterated its ‘Outperform’ rating on the Company’s stock with a decrease of the target price from $50 a share to $47 a share.
On March 09th, 2017, Seattle-based Nordstrom announced plans to open a Nordstrom Rack at Cascade Station in Portland, Oregon. The approximately 28,000-square-foot store is scheduled to open in fall 2017. Cascade Station is located northeast of downtown Portland, near Portland International Airport. Get free access to your research report on JWN at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org . Rohit Tuli, a CFA® charterholder (the "Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you‘re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA