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It's Going To Be A Big Earnings Week For These Retailers
Sunday, March 1, 2015 - 7:49pm | 887Retail will once again be the focus of earnings this week. Quarterly reports are due from Best Buy Co Inc (NYSE: BBY), Costco Wholesale Corporation (NASDAQ: COST) and Kroger Co (NYSE: KR), which are forecast to post earnings growth. However, analysts anticipate earnings declines from...
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How LikeFolio Predicted Good News For Bebe Stores
Friday, January 16, 2015 - 12:18pm | 576Andy Swan is a three-time financial technology entrepreneur. He co-founded his most recent company LikeFolio in 2013 with his brother. LikeFolio finds trends in publicly-traded companies by analyzing social media and helps investors find companies they want to invest in by highlighting which...
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Brian Sozzi: It Would Make Sense For Dicks Sporting Goods To Go Private
Wednesday, January 7, 2015 - 4:09pm | 354Speaking to Benzinga, Belus Capital Advisors CEO Brian Sozzi said that it would make sense for Dicks Sporting Goods Inc (NYSE: DKS) to go private. Earlier Wednesday, Reuters reported that Dicks is in discussions with some buyout firms about going private. Sozzi said there are a number of...
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3 Retail Stocks Worth Watching This Holiday Season
Thursday, December 18, 2014 - 4:28pm | 652There are two main things that will help retail stocks during this holiday shopping season, according to Ann Logue. The first is weather. There’s been remarkably better weather in the upper Midwest this winter compared to the last. Logue said that makes people a little more interested in...
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Mizuho Securities Analyst On Abercrombie & Fitch CEO Retirement: 'Retailers Are Good Candidates For Private Equity Firms'
Tuesday, December 9, 2014 - 7:59pm | 157When asked whether Abercrombie & Fitch Co. (NYSE: ANF) needs the work of an activist investor, Mizuho Securities USA Analyst Betty Chen told Benzinga that after the retirement of the company’s CEO, it’s possible the company is open to all kinds of options. She explained that in...
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Retail Analyst On Abercrombie & Fitch CEO Departure: Former Guess CEO And Former Abercrombie COO Might Make Good Replacements
Tuesday, December 9, 2014 - 7:09pm | 231Speaking to Benzinga, Talented Blonde President and Retail Analyst Kristin Bentz offered a couple examples of retail industry veterans who might be good to replace departing Abercrombie & Fitch Co. (NYSE: ANF) CEO Michael Jeffries. The first name she mentioned was former Guess?, Inc. (NYSE...
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Talented Blonde Kristin Bentz On Abercrombie & Fitch CEO Departure: Co. Got Out Of Touch With Consumer
Tuesday, December 9, 2014 - 5:39pm | 265Talented Blonde President and Retail Analyst Kristin Bentz told Benzinga that as Abercrombie & Fitch Co. (NYSE: ANF) increased in size and popularity, it got out of touch with the teenage customer. One reason Bentz explained is that more than half of women in the U.S. are size 14 or higher...
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Talented Blonde Kristin Bentz On Abercrombie & Fitch CEO Departure: 'Mike Jeffries Was Always Very Scandalous'
Tuesday, December 9, 2014 - 5:28pm | 171Speaking to Benzinga, retail analyst and Talented Blonde President Kristin Bentz said that Abercrombie & Fitch Co. (NYSE: ANF) departing CEO Michael Jeffries was a strange guy. Bentz said that Jeffries oversaw the retailer that became the first to do “sex prep,” where all of the...
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Mizuho Securities' Betty Chen On Abercrombie & Fitch CEO Retirement: 'News Is Quite Welcome'
Tuesday, December 9, 2014 - 5:26pm | 178Speaking to Benzinga, Mizuho Securities USA Analyst Betty Chen said that the numbers show investors’ frustration with Abercrombie & Fitch Co. (NYSE: ANF). “The company has been trying to turn itself around for over two years now and really has been ineffective in many ways,...
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Earnings Expectations For The Week Of December 1
Sunday, November 30, 2014 - 1:00pm | 837The holiday shopping season has begun, and a flurry of earnings reports from retailers is on tap this week. Analysts are on average looking for year-over-year earnings growth from American Eagle Outfitters (NYSE: AEO), Dollar General Corp. (NYSE: DG) and The Kroger Co. (NYSE: KR) in their most...
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Markets Begin The Week On A Losing Note Ahead Of Earnings Kick-Off, Fed Minutes
Monday, October 6, 2014 - 4:45pm | 1927U.S. stocks traded lower on Monday ahead of earnings season, which unofficially begins on Wednesday. The Federal Reserve will also release its minutes from its recent meeting on the same day. Major indices were trading in positive territory on Monday with the Dow up as much as 89 points before...
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3 Takeover Targets In The Retail Sector
Wednesday, September 3, 2014 - 12:25pm | 744In the IntraLinks Deal Flow Indicator Q2 report, IntraLinks VP of strategy & product marketing, Matt Porzio said one of the sectors showing strong levels of early-state M&A activity was consumer, which includes retail. According to Porzio, "Consumer deals … are expected...
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5 Stocks To Watch During Back-To-School Season
Tuesday, September 2, 2014 - 12:11pm | 895Back-to-school season, which begins in July and hits a peak in mid-September, is an important time for retailers. It gives them a chance to throw off the doldrums of spring and summer, and it can offer a preview of the prevailing mood among consumers before the all-important holiday shopping...
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Abercrombie & Fitch Discusses Q2 Earnings During Conference Call
Friday, August 29, 2014 - 12:26pm | 1233Following Abercrombie & Fitch's (NYSE: ANF) second quarter results on Thursday, company CEO Mike Jeffries hosted a conference call to discuss its results and future outlook. The quarter in review Jeffries kicked off the conference call by admitting that sales during the second quarter...
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Markets Reverse Early Morning Losses; Still Lower On The Day
Thursday, August 28, 2014 - 4:40pm | 2611U.S. stocks declined as geopolitical concerns outweighed an improved economic read on second-quarter growth. Ukraine's President stated that Russian troops had crossed in to Ukraine territory and were fighting alongside Russian supported separatists. Markets initially traded lower on the...