A number of brands have turned the tables, first developing their virtual presence, and later moving into the physical space.» Read More
NEW YORK, April 6- Companies across America are blaming the brutal winter for weak first-quarter results, but investors are expecting a quick rebound in the second quarter and will likely judge harshly companies that are less optimistic about a recovery.
March 19- Apparel maker Guess Inc forecast a surprise loss for the current quarter, citing weak traffic at its stores in North America and pressure in its wholesale business in Europe.
March 14- Women's apparel retailer Ann Inc's quarterly profit topped analysts' estimates again as shoppers snapped up the trendy merchandise sold at its Loft chain, sending its shares up more than 7 percent.
*Sees 1st- quarter earnings $0.12- $0.18/ shr vs est $0.41/ shr. March 12- Express Inc forecast profit to slide by more than half in the current quarter, making it the latest U.S. apparel retailer to warn of an ongoing impact from deep discounts and declines in store traffic.
In the past two days, U.S. apparel retailers, American Eagle Outfitters and Urban Outfitters Inc have warned that results in the current quarter would be hurt by stiff competition and choppy sales trends at malls.
*Men's Wearhouse to acquire Jos. A. Bank Clothiers. Shares of retailers American Eagle and Urban Outfitters fell sharply after disappointing outlooks. They're just taking some money off the table, "said Frank Lesh, futures analyst and broker at FuturePath Trading LLC in Chicago.
*J.C. Penney jumps after Citi upgrade. *Copper prices fall to lowest since July 2010. "When you get a slow data week, markets tend to get a little jittery and slow," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey.
*Says expects 1st- qtr earnings/share $0.00 vs est $0.13. March 11- Teen apparel retailer American Eagle Outfitters Inc forecast current-quarter earnings below analysts' estimates as it struggles to attract shoppers amid intense competition from "fast fashion" chains.
*J.C. Penney jumps after Citi upgrade. *Urban Outfitters tumbles after warning. NEW YORK, March 11- U.S. stocks were little changed on Tuesday as investors found few reasons to push the S&P 500 above its recent record high, as tensions in Ukraine continued.
A high-frequency trader going public has its skeptics, but there are at least a few reasons why the top for that industry isn't near yet.
*Says expects 1st- quarter earnings/share $0.00 vs est $0.13. March 11- Teen apparel retailer American Eagle Outfitters Inc forecast earnings for the current quarter that fell short of analysts' expectations, saying a severe winter had hurt demand.
Some of the names on the move ahead of the open.
March 10- Teen apparel retailer Urban Outfitters Inc reported lower-than-expected quarterly sales, citing severe winter weather in the United States, and said it was "very cautious" on its current-quarter performance.
Companies making headlines after the bell Monday:
Urban Outfitters delivered quarterly earnings that handily topped analysts' expectations on Monday, but revenue came up short.
U.S. stock index futures pointed to a flat-to-higher open on Monday, after Asian stocks plunged following poor data out of both Japan and China.
NEW YORK, March 7- Friday's stronger-than-expected payrolls report did more than ease concerns about U.S. economic fundamentals- it also seemed to justify Wall Street's record levels, suggesting the market's uptrend could continue.
Urban Outfitters began its rollout into the red-hot athletic apparel market earlier this month, bringing new competition to Lululemon and Athleta.
Check out which companies are making headlines after the bell Wednesday:
NEW YORK, Feb 21- After taking a hammering during the last recession, the U.S. birth rate is expected to begin to recover in the next two years, demographers say. Major rivals, such as Gap Inc and Gymboree Co., rely more on their own stores in malls.