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Brian Sozzi Discusses August Same Store Sales
Thursday, September 1, 2011 - 9:22am | 591Brian Sozzi of Wall Street Strategies is out with a research report on August same-store-sales, most of which were released earlier in the trading day. In the note, Sozzi writes, "It looks as if the primary take-away from the back to school season is that by hook or by crook, parents found the...
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Retail Sales Round Up: Strong Despite Irene Impact
Thursday, September 1, 2011 - 8:22am | 652Retail sales were generally strong this morning, despite the impact from Hurricane Irene at the end of the month. As such, we are generally seeing a favorable reaction in pre-market trading to many of the names. Costco (NASDAQ: CSOT) shares reported August same-store-sales rose 11% year-over-year...
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Retail Sales Roundup
Thursday, September 1, 2011 - 8:12am | 720Stage Stores Inc (NYSE: SSI) reported a 1.7% drop in its August sales at stores open at least one year. Analysts were expecting same-store sales to surge 0.5%. Stage Stores' total sales for the four weeks ended August 27 declined 0.9% to $113 million. Wet Seal Inc (NASDAQ: WTSLA) reported a 5.5%...
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Earnings Roundup
Thursday, September 1, 2011 - 7:48am | 435Ciena Corp (NASDAQ: CIEN) narrowed its FQ3 loss on Thursday. Ciena reported a quarterly loss of $31.5 million, or $0.33 per share, versus a year-ago loss of $109.9 million, or $1.18 per share. Excluding items such as acquisition and integration costs, Ciena earned $0.08 per share. However, analysts...
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UPDATE: Charming Shoppes Reports Q2 Loss
Thursday, September 1, 2011 - 7:44am | 56Charming Shoppes Inc (NASDAQ: CHRS) released its results for the second quarter on Thursday. Charming Shoppes reported a quarterly loss of $0.01 per share. Its revenue dropped 3.6% y/y to $499.2 million. However, analysts were expecting earnings of $0.01 per share on revenue of $499.2 million....
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Limited Brands Reports Stronger-Than-Expected Rise In August Same-Store Sales
Thursday, September 1, 2011 - 6:48am | 55Limited Brands Inc (NYSE: LTD) reported an 11% rise in its August sales at stores open at least one year. Analysts were expecting same-store sales to surge 4.2%. Limited Brands' net sales for the four weeks ended August 27 jumped 11.4% to $702.4 million. Limited Brands shares fell 1.49% to close...
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Limited Brands August Comparable Store Sales +11% YoY
Thursday, September 1, 2011 - 6:03am | 95Limited Brands, Inc. (NYSE: LTD) reported a comparable store sales increase of 11 percent for the four weeks ended Aug. 27, 2011, compared to the four weeks ended Aug. 28, 2010. The company reported net sales of $702.4 million for the four weeks ended Aug. 27, 2011, compared to net sales of $630.3...
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US Stock Futures Down; Economic Data In Focus
Thursday, September 1, 2011 - 5:16am | 412US stock futures are lower this morning, as investors are awaiting data on weekly jobless claims and manufacturing activity. Futures for the Dow Jones Industrial Average dipped 49 points to 11,554.00 and S&P 500 index futures fell 6.90 points to 1,210.80. Nasdaq 100 futures dropped 7.50 points...
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Earnings Scheduled For September 1
Thursday, September 1, 2011 - 2:52am | 327Quiksilver Inc (NYSE: ZQK) is expected to report its FQ3 EPS at $0.08 on revenue of $472.18 million. Cascade Corporation (NYSE: CASC) is estimated to report its Q2 EPS at $1.30 on revenue of $135.87 million. UTi Worldwide Inc (NASDAQ: UTIW) is expected to report its Q2 EPS at $0.21 on revenue of...
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Stocks To Watch For September 1
Thursday, September 1, 2011 - 2:40am | 199Some of the stocks that may grab investor focus today are: Wall Street expects Ciena Corporation (NASDAQ: CIEN) to post a Q2 loss at $0.08 per share on revenue of $443.25 million. Ciena shares surged 1.55% to $12.43 in after-hours trading. Coldwater Creek Inc (NASDAQ: CWTR) swung to a second-...
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Zumiez Craters on Q2 Earnings Results
Wednesday, August 31, 2011 - 3:20pm | 204Shares of Zumiez (NASDAQ: ZUMZ) are trading lower in the after-hours following the release of the company's Q2 earnings results. Currently, shares are lower by 5.30%, trading at $17.51; they ended the regular session lower by 4.10%, at $18.49. Zumiez reported Q2 EPS of $0.08 on revenues of $112.2...
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Afternoon Movers; Monster Worldwide Down 5.35%
Wednesday, August 31, 2011 - 2:34pm | 111DISH Network (NASDAQ: DISH) +5.40% - hearing reports saying that the company may consider selling itself after building spectrum. Human Genome Sciences (NASDAQ: HGSI) -5.00% after Citigroup lowers the company's PT to $15. Standard Pacific (NYSE: SPF) -5.17% on low volume. bebe stores (NASDAQ:...
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Notable Put Options Activity in The TJX Companies
Wednesday, August 31, 2011 - 11:17am | 105Shares of The TJX Companies (NYSE: TJX) are higher on the session by 0.76%, currently trading at $55.51. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving average. Options traders are focusing on puts today. A short while ago the...
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Morning Gainers; Vera Bradley up on Strong Earnings
Wednesday, August 31, 2011 - 9:39am | 172Vera Bradley (NASDAQ: VRA) +11.22% on upbeat earnings reported yesterday. Sprint Nextel (NYSE: S) +7.61% after the news that the U.S. files to block AT%T/T-Mobile merger. The Fresh Market (NASDAQ: TFM) +9.64% on upbeat earnings reported this morning. Genesco (NYSE: GCO) +8.90% on upbeat...
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Goldman Sachs Suggests Selling Puts on Abercrombie & Fitch
Wednesday, August 31, 2011 - 8:32am | 155Goldman Sachs is out with a research note this morning, where it suggests that traders sell put on Abercrombie & Fitch (NYSE: ANF) as puts as “expensive.” Goldman's analysts believe the options market is pricing in much stronger risks to ANF over the next six months than their analyst expects...