By Nicole MaestriNEW YORK (Reuters) - More than half of U.S. retail chains posted October sales that fell short of Wall Street's heightened expectations, raising doubts about a widespread recovery for the holiday season.Department store chains and teen retailers in particular disappointed investor expectations, while such disparate companies as apparel...
Question-and-Answer SessionOperator Operator Instructions And we'll take our first question from Christine Chen of Needham & Company. Christine Chen - Needham & Company Thank you and congratulations on yet another amazing quarter. Julian Geiger Thank you. Michael Cunningham Thank you. Kenneth Ohashi Thank you. Christine Chen - Needham &...
Aeropostale (NYSE: ARO) closed yesterday at $31.91. So far the stock has hit a 52-week low of $12.52 and 52-week high of $44.85. Aeropostale stock has been showing support around 30.96 and resistance in the 33.08 range. Technical indicators for the stock are Bearish and S&P gives ARO a positive 4 STAR (out ...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
Aeropostale (NYSE: ARO) closed yesterday at $31.86. So far the stock has hit a 52-week low of $12.52 and 52-week high of $44.85. Aeropostale stock has been showing support around 31.19 and resistance in the 32.73 range. Technical indicators for the stock are Bearish and S&P gives ARO a positive 4 STAR (out ...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
Aeropostale (NYSE: ARO) closed yesterday at $31.86. So far the stock has hit a 52-week low of $12.52 and 52-week high of $44.85. Aeropostale stock has been showing support around 31.19 and resistance in the 32.73 range. Technical indicators for the stock are Bearish and S&P gives ARO a positive 4 STAR (out ...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
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Aeropostale (NYSE: ARO) closed yesterday at $32.39. So far the stock has hit a 52-week low of $12.52 and 52-week high of $44.85. Aeropostale stock has been showing support around 31.76 and resistance in the 33.58 range. Technical indicators for the stock are Bearish and S&P gives ARO a positive 4 STAR (ou...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
What a miserable morning. Led by a downgrade of Intel (INTC) and a concern that the recent rally is ahead of economic realities, investors have been itchy to sell. Volume has been confirming that we are in for some type of correction, yet most of the recent ones have been mild.
Once again though we are [...]
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BloggingStocks: Old Navy is back!
At least, that's what most media outlets are reporting. According to Associated Press, "the bad economy has been good for the chain's lower-price Old Navy brand, which was retooled last year to resume catering to frugal moms after ... Read more
We have updated our retail sales spreadsheet. We are seeing a continuation of the same trend that shows that sales are picking up, but remember that we are now starting to get the tailwind that is comparing a miserable period to today. This will help to make the numbers and comparisons look much better.
Many of [...]
Related posts:
Last week we had a look at the Johnson Redbook numbers that showed a slowdown in sales. This week we are seeing another rise in the comparative numbers, but strip out autos that could be leftover from the cash-for-clunkers. Of course some is the demand from Asia.
The first chart shows just how much the inclusion [...]
Related posts:
Some commentary on the retails sales numbers released last week. This is consistent with what we are seeing this week as well.
Analyst David Rosenberg:
According to the Redbook survey, same-store sales were running at +1.7% YoY as of November 7th — below the target of +2.2%. Remember, the comps are very “easy” given last year’s meltdown, [...]
Related posts:
What a miserable morning. Led by a downgrade of Intel (INTC) and a concern that the recent rally is ahead of economic realities, investors have been itchy to sell. Volume has been confirming that we are in for some type of correction, yet most of the recent ones have been mild.
Once again though we are [...]
Related posts:
We have updated our retail sales spreadsheet. We are seeing a continuation of the same trend that shows that sales are picking up, but remember that we are now starting to get the tailwind that is comparing a miserable period to today. This will help to make the numbers and comparisons look much better.
Many of [...]
Related posts:
Last week we had a look at the Johnson Redbook numbers that showed a slowdown in sales. This week we are seeing another rise in the comparative numbers, but strip out autos that could be leftover from the cash-for-clunkers. Of course some is the demand from Asia.
The first chart shows just how much the inclusion [...]
Related posts:
Some commentary on the retails sales numbers released last week. This is consistent with what we are seeing this week as well.
Analyst David Rosenberg:
According to the Redbook survey, same-store sales were running at +1.7% YoY as of November 7th — below the target of +2.2%. Remember, the comps are very “easy” given last year’s meltdown, [...]
Related posts:
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