Oct 3- Women's apparel retailer Bebe Stores Inc. The company, which sells merchandise under Bebe Sport, bbsp, 2 b bebe and its namesake brand, faces an inventory glut, with a 12.5 percent increase in inventory per square foot as of Sept. 29. The Brisbane, California- based company's shares closed at $4.67 on the Nasdaq on Tuesday.
*Wedbush cuts Bebe Stores price target to $4.75 from $5.50; rating. Reuters Station users, click. 1568 For a summary of rating and price target changes on Canadian companies:. Reuters Station users, click. 4899 ().
Retail stocks update: If February same store sales were so strong, how come the S&P Retail Index (RLX) is only up 0.8 percent and is LAGGING the rest of the market? So I have been asked. Here is the answer...
On the surface, the retail sales reports were good this morning. February retail same-store sales were up 4.3 percent, according to RetailMetrics, well above expectations of a gain of 3.8 percent. This is good news, but there's a problem: there's fewer and fewer retailers reporting monthly numbers.
Options investors are really expecting a 'Miracle on 34th Street' this year, according to Pete Najarian.
He's got his list. And, he's checking it twice. He's not Santa. He's not on a buying spree. Wall Street Strategies Retail Analyst Brian Sozzi has been surfing the malls in and around the New York City metropolitan area. Sozzi, who is rated five stars by Starmine for accuracy, has been doing this every weekend this season.
Stocks ended mixed after a volatile session as investors cautiously anticipated monthly jobs data and third-quarter earnings reports. Alcoa and Verizon fell, while GE and DuPont rose.
Stocks were modestly lower ahead of the closing bell, ending a volatile session marked by a handful of encouraging economic reports, a rising dollar, and investor caution ahead of quarterly earnings reports and monthly jobs data. Verizon and Alcoa fell, while GE rose.
Shares of Barnes and Noble surged this week after the company said it's exploring strategic alternatives including an outright sale. And that got us to thinking....
Cramer’s wondering how much longer this stock’s triple-digit returns will continue.
Premium retailers that maintained their brand equity through an era of heavy discounting will have an easier time sustaining comparable sales growth moving forward, as shoppers will be less reluctant to pay full-price for their items.
It's time for retailers to wake up. Fashion shoppers are abandoning basics and looking for unique, stylish items, and stores that break the recessionary trend of playing it safe will reap the rewards, analysts said.
September retail sales: improving, but is it enough? September same store sales, out tomorrow, are expected to decline by 0.8 percent year over year, according to RetailMetrics.
Retailers reported disappointing sales in July, a sign that consumers are continuing to watch their spending carefully and hunting for the best bargains. Kimberly Greenberger, retail analyst at Citi, shares her analysis of July same-store sales data.
Cramer makes the call on viewers' favorite stocks.
When your stocks are up big, you have to take something off the table.
Here's an update on recent Cramer recommendations you should be considering.
Expectations for this retailer are so low it just might surprise Wall Street. Until then, enjoy the dividend.
We ran out of time on TV but in this Web Extra get all your Fast & Furious trades for Thursday. Find out how to trade the Gap, Barnes & Noble, nat gas and more!