Just Style (Free subscription) | yesterday
UK retail giant Marks & Spencer last week ended months of speculation about who will take over the reins as its next chief executive with the surprise appointment of Marc Bolland , the boss of rival supermarket group Morrisons. Bolland will join M&S - which he described as "one of the world's great brands" - next year, replacing Sir Stuart Rose who will step into the role of part-time...
BloggingStocks (Free subscription) | 21/11/2009
Filed under: Earnings reports , Dell (DELL) , Target Corp. (TGT) , Gap Inc (GPS) Here are some highlights from this past week's earnings coverage on BloggingStocks: ADC Telecommunications Inc. ( ADCT ) posted a surprise net loss for Q4 and predicted a loss in Q1. BJ's Wholesale Club Inc. ( BJ ) shares fell after Q3 earnings met expectations and offered guidance for FY. Dell Inc. ( DELL ) posted lower-than-expected...
ShoppingBlog.com (Free subscription) | 21/11/2009
The Wall Street Journal reports that Gap Inc. managed to increase profits 25% for its quarter ending Octoboer 31st. However, same-store sales for the retail were flat compared to the year before. Profit at Gap Inc., one of the world's largest apparel retailers by sales, rose 25% to $307 million, or 44 cents per share, for the quarter ended Oct. 31, from $246 million, or 35 cents per share, a year...
Radon Mitigation Pittsburgh (Free subscription) | 20/11/2009
( EMAILWIRE.COM , November 20, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company The Gap Inc. (NYSE:GPS) The Consolidated Investment Analysis on The Gap Inc. (NYSE:GPS) will be in particular interest to other companys in the Services sector, such as Nordstrom , Inc. (NYSE:JWN), Urban Outfitters Inc.(NASDAQ: URBN) and Abercombie & Fitch Co. (NYSE:ANF) The...
SeekingAlpha Retail Stocks (Free subscription) | 20/11/2009
Ockham Research submits: In a tough retail environment sales gains are always a welcome sign, and so is profit growth of 25%. The Gap, Inc ( GPS ) reported quarterly net income of $307 million or 44 cents per share which was in-line with analysts’ estimates. Revenue was actually better than expected coming in at $3.59 billion thanks to improved sales at the value oriented brand Old Navy. The...
iStockAnalyst.com (Free subscription) | 19/11/2009
In a tough retail environment sales gains are always a welcome sign, and so is profit growth of 25%. The Gap, Inc (GPS) reported quarterly net income of $307 million or 44 cents per share which was in-line with analysts’ estimates. Revenue was actually better than expected coming in at $3.59 billion thanks to improved sales at the value oriented brand Old Navy. The sales gains at Old Navy showed...
Reuters (Free subscription) | 19/11/2009
SAN FRANCISCO (Reuters) - Apparel retailer Gap Inc said on Thursday that quarterly net income rose by 25 percent, meeting Wall Street estimates, helped by improved profit margins and rebounding sales at its Old Navy chain.
BloggingStocks (Free subscription) | 19/11/2009
Filed under: Competitive strategy , Gap Inc (GPS) Old Navy is back! 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." Continue reading Is Old Navy's comeback for real?...
BloggingStocks (Free subscription) | 19/11/2009
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) U.S. stock futures declined Thursday morning, pointing to a lower start on Wall Street as investors started weighing the possibility that stocks have run up too far and too fast ahead of the...
Just Style (Free subscription) | 18/11/2009
Specialty clothing retailer Gap Inc has elected Bill Fisher, son of the company founders Doris and Don Fisher, to fill the seat on its board of directors which was left vacant when his father died in September.
BloggingStocks (Free subscription) | 15/11/2009
Filed under: Earnings reports , Forecasts , Home Depot (HD) , Target Corp. (TGT) , Sears Holdings (SHLD) , Gap Inc (GPS) 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....
BloggingStocks (Free subscription) | 14/11/2009
Filed under: Earnings reports , Aetna Inc (AET) , Gap Inc (GPS) , Kohl's Corp (KSS) , Abercrombie and Fitch (ANF) , American Eagle Outfitters (AEO) 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...
BloggingStocks (Free subscription) | 07/11/2009
Filed under: Costco Wholesale (COST) , Gap Inc (GPS) , Federal Reserve , Recession Consumer borrowing fell for the eighth straight month in September. This record-setting streak is due largely to tightening by lenders, unemployment and the conservative preference to pay down debt rather than spend. This widespread fit of fiscal responsibility, economists fret, could prevent a recovery from taking...
BloggingStocks (Free subscription) | 06/11/2009
Filed under: Wal-Mart (WMT) , Target Corp. (TGT) , Costco Wholesale (COST) , Gap Inc (GPS) , Nordstrom, Inc (JWN) There's a chill in the air and a slight up-tick in confidence. Holiday discounts are coming a bit earlier, too. For retailers, this has been a great combination , leading to the second consecutive month in which retail sales increased. This follows more than a year of drops. Consumers...
Just Style (Free subscription) | 05/11/2009
Strong sales at its Old Navy chain have helped US clothing retailer Gap Inc to a 4% jump in October comps and prompted third-quarter guidance above expectations.
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