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What impact will New York Fashion Week have on the industry's stocks? We look at the best and worst performers over the past year.
As Wall Street returns back to work, these S&P 500 stocks were busy all summer making big returns in investors' portfolios.
Dana Telsey, CEO & Chief Research Officer at Telsey Advisory Group, says Tuesday's better-than-expected earnings doesn't mean that Coach has emerged from its transition period.
Pros are wondering if a handful of stocks that suffered sharp declines recently are about to reverse direction.
Stocks fell sharply Tuesday, with traders citing uncertainty about Ukraine and concerns of higher interest rates.
Coach reported better-than-expected revenue, helped by a 7 percent rise in sales of its clothes, shoes, and handbags in international markets.
Discussing Coach's earnings expectations and the overall health of the retailer, with Ike Boruchow, Sterne Agee senior research analyst.
Are Target's troubles merely anomalies, or symptomatic of the economy's problems, despite strong earnings reports?
Coach reported better-than-expected Q4 revenues helped by a rise in international sales. CNBC's Jim Cramer says retail is really hard right now and he'd rather not own retailers at this point.
U.S. stock-index futures pointed to a weak open on Tuesday, with the ISM report likely to be the main feature of the session.
Coach, founded in 1941 in a Manhattan loft, has been struggling against fast-growing rivals such as Michael Kors Holdings Ltd in North America, its biggest market. The company said in June it would spend more on marketing and hold sales twice a year to win back customers and that it would close about 70 stores in North America.
Some of the names on the move ahead of the open.
Aug 5- Coach Inc reported better-than-expected quarterly revenue helped by a 7 percent rise in sales of its clothes, shoes and handbags in international markets such as China. Coach's net income fell to $75.3 million, or 27 cents per share in the fourth quarter ended June 28, from $221.3 million, or 78 cents per share, a year earlier.
Aug 4- Michael Kors Holdings Ltd, known for its trendy handbags and watches, said it expects margins to shrink for the year as it invests more to open stores in Europe and increases the number of shops it has in department stores. Michael Kors' shares fell more than 7 percent in early trading.
Michael Kors raised its full-year revenue and profit outlook after the retailer beat earnings and revenue estimates.
Aug 4- Michael Kors Holdings Ltd reported another quarter of blistering sales growth as demand for its handbags and watches surged in North America. Shares of the company, founded by fashion designer Michael Kors, were up 3.4 percent premarket on Monday after the company also raised its full-year revenue and profit outlook.
Analysts are concerned the label has reached its saturation point in North America on high inventories.
Top designer Christophe Lemaire is leaving Hermes in the fall to focus on developing his eponymous fashion label, the French luxury group said.
Jim Cramer worries that declines in these stocks could lead you to a very wrong conclusion.
Retail stocks have been underperformers in 2014. Now it's time to invest in companies targeting growth niches that are set to rebound.