|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||17.90 - 18.47|
|52-week range||10.23 - 19.48|
|PE ratio (TTM)||20.20|
|Earnings date||8 Mar 2018|
|Forward dividend & yield||0.50 (2.87%)|
|1y target est||18.76|
Improved economic scenario with a low unemployment rate resulted in sturdiest holiday sales growth since the end of the Great Recession.
Deckers Outdoor (DECK) is targeting profitable and underpenetrated markets, and remains focused on product innovations, store expansion and enhancing e-commerce capabilities.
Best Buy's (BBY) shares touched a 52-week high driven by its robust growth efforts, store-in-a-store concept and Building the New Blue Strategy.
Express (EXPR) has adopted a store rationalization strategy to boost efficiency as well as margins across its entire store base. Express has been considerably trimming the number of its retail store locations and is focusing on its outlet business. Since 2014, the company has adopted the practice of converting certain mall locations with less volume to factory outlet stores.
On January 9, 2018, Express (EXPR) reported that its holiday season sales performance had not been as expected, and subsequently, the company slashed its fiscal 4Q17 outlook, causing the stock to plummet 20%. This low traffic offset the encouraging start witnessed at the beginning of the holiday season (from November to early December).
Apparel brands are grappling with solutions as items quickly fall out of fashion and consumers turn to non-traditional platforms to make purchases.
Urban Outfitters (URBN) has been flying high on its robust strategies such as new store openings, growing wholesale operations and merchandising initiatives.
Zacks.com highlights: Robert Half International, PetMed Express, Five Below, Patrick Industries and American Eagle Outfitters
Dollar Tree is gaining from its robust surprise trend backed by strong comps growth and improved margins while volatile consumer trend and high global exposure remain concerns.
Dollar General (DG) looks good on its robust strategic endeavors. However, reduction in SNAP benefit remains a major concern.
Gap (GPS) is benefitting from its new growth strategy and improved omni-channel capabilities while currency fluctuations remain a concern.
American Eagle's (AEO) success story is driven by focus on improving product assortments, brand strength, efficient inventory management, e-commerce growth and a spectacular comps performance.
Genesco (GCO) recently released fourth quarter-to-date fiscal 2018 comps, where it recorded growth of 1% including both stores and direct sales. However, it has a dismal surprise history.
Most of the analysts providing a recommendation on American Eagle Outfitters (AEO) stock have maintained a “hold” rating. Following the company’s holiday comps announcement, Suntrust Robinson has upped the target price for the company to $21 from $19 projected earlier. Several other analysts might also revise their price targets in reaction to the holiday sales news.
Retailers had a great holiday season in 2017 with a 4.9% YoY (year-over-year) jump in holiday sales (excluding automobiles) between November 1 and December 24, 2017, according to MasterCard SpendingPulse. Holiday sales recorded the highest year-over-year increase in sales since 2011. Sales numbers outperformed the National Retail Federation’s projection of a 3.6%–4% jump (excluding automobiles, gasoline, and restaurants) and eMarketer’s forecast of a 3.1% rise.
American Eagle Outfitters (AEO) was down 3.2% on January 9 after the company reiterated its guidance for fiscal 4Q17, which includes the important holiday season. American Eagle Outfitters is a teen-focused apparel retailer with tremendous strength in the jeans category, under its American Eagle brand. With its Aerie brand, launched in 2006, the company has become a force to be reckoned with in the intimate apparel space.