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Fast Money Picks For February 4th (SVU, ANF, PLCE, LTD)
Thursday, February 3, 2011 - 8:59pm | 165CNBC Fast Money's Steve Cortes said that he would like to buy SUPERVALU INC. (NYSE: SVU) on Friday. SUPERVALU INC. (SVU) spiked 10.45% today, and closed at $8.03. Guy Adami thinks that Abercrombie & Fitch Co. (NYSE: ANF) is a buy. Abercrombie & Fitch Co. (ANF) jumped 1.34% today, and closed...
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Hot Topic Comps Still in Red - Analyst Blog
Thursday, February 3, 2011 - 7:53pm | 529Hot Topic Inc. (HOTT) reported a decline of 3.3% in same-store sales for the four weeks ended January 29, 2011. However, the drop in same-store sales narrowed considerably from a decline of 13.1% witnessed in the prior-year month and slightly widened from a decline of 1.7% in December 2010....
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The Bid is Back 02-03-2011
Thursday, February 3, 2011 - 7:20pm | 888Cusick's Corner The VIX is down and trading 16.7 (see Index Trading) -- there's less fear in the marketplace than there was last week. Today's strong economic data and retail sales numbers overshadowed worries over events in Egypt. S&P 500 closed up on the day, nearer the day's highs with no...
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Hot Topic Comps Still in Red - Analyst Blog
Thursday, February 3, 2011 - 7:05pm | 529Hot Topic Inc. (HOTT) reported a decline of 3.3% in same-store sales for the four weeks ended January 29, 2011. However, the drop in same-store sales narrowed considerably from a decline of 13.1% witnessed in the prior-year month and slightly widened from a decline of 1.7% in December 2010....
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bebe stores Reports Q2 EPS of $.02 vs. $.02
Thursday, February 3, 2011 - 5:11pm | 170bebe stores, inc. (NASDAQ: BEBE) today announced unaudited financial results for the second quarter ended January 1, 2011. In the second quarter of fiscal 2011, the Company closed the remaining 25 PH8 stores, with the entire PH8 division results being presented as discontinued operations for all...
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Ever-Present Bid Coupled 02-03-2011
Thursday, February 3, 2011 - 3:43pm | 971Cusick's Corner Equities are becoming a more and more fickle trade these days. There is little debate over the bullishness that US equities are exhibiting. However, I still am seeing some decent sellers at these critical levels and Friday's volume is an excellent example. What is equally...
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Limited Brands Trading Higher Today (LTD)
Thursday, February 3, 2011 - 11:46am | 29Limited Brands (NYSE: LTD) is trading higher today. At last check, shares of LTD were trading at $31, up 6.42% from yesterday's close.
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Abercrombie & Fitch January Sales down 4%
Thursday, February 3, 2011 - 11:35am | 127Abercrombie & Fitch (NYSE: ANF) today reported net sales of $234.1 million for the four-week period ended January 29, 2011, a 6% increase from net sales of $221.5 million for the four-week period ended January 30, 2010. January comparable store sales decreased 4%. For the fiscal month, total...
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Top Performing Industries For February 3 (AN, LTD, SFLY, DRJ)
Thursday, February 3, 2011 - 11:17am | 190At 10:15 am, the Dow fell 0.43% to 11,989.94, the broader Standard & Poor's 500 index moved down 0.57% to 1,296.55 and the NASDAQ composite index dropped 0.66% to 2,731.55. The industries that are still afloat in the market today are: Auto Dealerships: This industry jumped 2.43% by 10:15 am....
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The TJX Companies January Sales up 2%; Sees Q4 EPS of $.97 - $1.01
Thursday, February 3, 2011 - 9:41am | 172The TJX Companies, Inc. (NYSE: TJX) today reported January 2011 sales results. Sales for the four-week period ended January 29, 2011, were $1.35 billion, up 8% over the $1.25 billion achieved during the four-week period ended January 30, 2010. For the 52 weeks ended January 29, 2011, sales reached...
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Ross Stores January Same Store Sales up 3%
Thursday, February 3, 2011 - 9:33am | 58Ross Stores, Inc. (Nasdaq: ROST) today reported sales for the four weeks ended January 29, 2011 of $441 million, an increase of 7% over the $411 million in sales for the four weeks ended January 30, 2010. Same store sales for the four weeks ended January 29, 2011 grew 3% on top of an 8% gain in the...
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Stein Mart Reports January Sales down 1.2%
Thursday, February 3, 2011 - 9:25am | 66Stein Mart, Inc. (NASDAQ: SMRT) today reported comparable store sales for the four-week period ended January 29, 2011 decreased 1.2 percent. Total sales for the January four-week period were $62.8 million, a decrease of 1.6 percent from $63.8 million in the same period in 2010. Sales performance...
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Pre-Market Movers (LTD),(DARA),(SCON),(ENTR)
Thursday, February 3, 2011 - 9:14am | 34Pre-Market Movers (LTD),(DARA),(SCON),(ENTR)
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Aeropostale January Same Store Sales up 1%; Raises Q4 EPS Guidance to $0.96 to $0.97
Thursday, February 3, 2011 - 9:11am | 103Aeropostale, Inc. (NYSE: ARO) today announced that total net sales for the four-week period ended January 29, 2011 increased 7% to $120.4 million, from $112.5 million for the four-week period ended January 30, 2010. The Company's same store sales increased 1% for the month, compared to a same...
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American Eagle Outfitters Reports Sales down 6%
Thursday, February 3, 2011 - 9:08am | 126American Eagle Outfitters, Inc. (NYSE: AEO) today announced total sales for the four weeks ended January 29, 2011 decreased 9% to $145 million, compared to $160 million for the four weeks ended January 30, 2010. Consolidated comparable store sales decreased 6% for the month, compared to a 10%...