Apparel Retail

RBC Capital Markets reiterated its "outperform" rating" for Urban Outfitters, Inc. (NASDAQ: URBN). Its price target for URBN is $36 as RBC thinks that business is beginning to accelerate and expects the growth to remain intact with sales gains fueled by existing and new concepts. RBC Capital's...

Now that Christmas is approaching, consumer spending should start to pick-up. However, the current situation with the economy can seriously affect how much the public will spend on the holidays. Despite some companies posting higher then expected sales, the retail industry still desperately needs...

Post robust results posted by Wal-Mart (NYSE: WMT), investors are showing interest in retail stocks. This is reflected in a 0.46% rise in the S&P Retail Index to 405.70. Wal-Mart Stores Inc (NYSE: WMT), the retail giant, posted a 3.2% rise in its Q3 profits, aided by inventory control and high...

With no economic reports on Wednesday and bond markets closed for the Veteran’s Day, Wall Street was witness to a quiet trading session, but stocks managed to inch higher on expectations interest rates would remain at a record low for some time.  Also, strong Chinese manufacturing and retail sales...

Goldman Sachs upgraded Aeropostale Inc (NYSE: ARO) from “sell” to “neutral." The six-month target price for ARO has been reduced from $41 to $34. The upgrade in rating was based on the recent sell-off in ARO’s shares. ARO had recently posted record sales for the month of October, with same store...

Urban Outfitters Inc (NASDAQ: URBN) posted its Q3 net profits at $62.4 million, or $0.36 per share, marginally beating the consensus estimates of $0.35 a share. URBN’s results were driven by an impressive 14% sales growth at the company’s Anthropologie chain. Urban Outfitters’ gross profit margins...

Abercrombie & Fitch Co. (NYSE: ANF) is trading down 0.67% to $37.35 after rising yesterday after Goldman Sachs upgraded it from Neutral to Goldman's Conviction Buy List. Goldman cited "significant" long-term growth drivers that include international growth. Goldman increased ANF's price target...

The OptionMonster.com co-founder Jon Najarian said on CNBC's Fast Money that he believes in the retail sector and that he is long RadioShack Corporation (NASDAQ: RSH), Abercrombie & Fitch, and TJX Companies (NYSE: TJX). Jon Najarian thinks that U.S. consumers are going to continue to spend,...

Gap Inc (NYSE: GPS) was downgraded from “overweight” to “equal weight” by Barclays Capital. The analyst at Barclays Capital, Jeff Black, believes that GPS prospects for the near term were affected by negative same-store sales for November and expense deleverage as a result of an increase in...

Aeropostale (NYSE: ARO)reports for the month of October same store sales rose 3%. Based on the better than expected results for the month, Aeropostale now believes it will achieve net earnings in the range $0.90 to $0.91 per diluted share, compared to its previously issued earnings guidance in the...

The TJX Companies, Inc. (NYSE: TJX) reported sales for the four-week period ended October 31, 2009, were $1.7 billion, up 15% over the $1.5 billion achieved during the four-week period ended November 1, 2008. Consolidated comparable store sales increased 10% compared to last year for the four-week...

Abercrombie & Fitch (NYSE: ANF) today reported net sales of $203.4 million for the four-week period ended October 31, 2009 a 5% decrease from net sales of $215.0 million for the four-week period ended November 1, 2008. ANF October comparable store sales decreased 15%. Total Company direct-to-...