|July 10, 2014|
|11:18 EDT||AEO, PSUN, ARO, ZUMZ, URBN||Zumiez rallies after raising second quarter outlook|
Shares of action sports apparel retailer Zumiez (ZUMZ) are moving higher after the company raised its second quarter outlook. WHAT'S NEW: Last night, Zumiez raised its Q2 earnings per share outlook to 19c-21c from 12c-16c, compared to consensus of 18c. It also raised its Q2 revenue view to $174M-$176M from $167M-$171M, versus consensus of $171.6M. The guidance is predicated on a low single digit comparable store sales increase for the second quarter, and includes a previously disclosed estimate of $0.6M, or approximately 2c per diluted share, for charges associated with the acquisition of Blue Tomato, the company explained. The company cited better than planned sales results for the increased Q2 outlook. PRICE ACTION: In late morning trading, Zumiez rose $2.45, or about 9%, to $30.45 on heavy trading volume. The stock is quickly approaching its 52-week high of $31.31. Including today's advance, the stock is down approximately 2% over the past 12 months. OTHERS TO WATCH: Other mall-based apparel retailers include Pacific Sunwear (PSUN), Urban Outfitters (URBN), Aeropostale (ARO) and American Eagle (AEO).
News For ZUMZ;PSUN;URBN;ARO;AEO From The Last 14 Days
|May 4, 2015|
|10:08 EDT||AEO||High option volume stocks|
High option volume stocks: HIL AEO HCI EWU WHZ SFUN GNC ON CYTR JBHT
|10:00 EDT||URBN, AEO||On The Fly: Analyst Initiation Summary|
Today's noteworthy initiations include: Abercrombie & Fitch (ANF) initiated with an Underperform at RBC Capital... American Eagle (AEO) initiated with an Outperform at RBC Capital... Ann Inc. (ANN) initiated with a Sector Perform at RBC Capital... Ascena Retail (ASNA) initiated with a Sector Perform at RBC Capital... CONMED (CNMD) initiated with a Buy at Deutsche Bank... Carbylan Therapeutics (CBYL) initiated with an Outperform at Leerink... Chico's (CHS) initiated with an Outperform at RBC Capital... Energous (WATT) initiated with a Buy at Ascendiant... Gap (GPS) initiated with a Sector Perform at RBC Capital... Hanesbrands (HBI) initiated with an Outperform at Cowen... Inter Parfums (IPAR) initiated with a Buy at BWS Financial... Kenon (KEN) initiated with a Hold at Deutsche Bank... L Brands (LB) initiated with a Sector Perform at RBC Capital... LogMeln (LOGM) initiated with a Sector Weight at KeyBanc... Orchids Paper (TIS) initiated with an Outperform at Oppenheimer... Urban Outfitters (URBN) initiated with an Outperform at RBC Capital... lululemon (LULU) initiated with an Outperform at RBC Capital.
|06:25 EDT||AEO||American Eagle initiated with an Outperform at RBC Capital|
|06:25 EDT||URBN||Urban Outfitters initiated with an Outperform at RBC Capital|
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|April 30, 2015|
|10:36 EDT||PSUN||On The Fly: Analyst Downgrade Summary|
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|07:42 EDT||PSUN||Pacific Sunwear downgraded to Neutral from Buy at DA Davidson|
DA Davidson downgraded Pacific Sunwear to Neutral and lowered its price target to $2.50 from $4 to reflect the lackluster environment. The firm has noted an increased promotional environment during the quarter likely due ot the late spring selling season and sees little upside to shares until comps accelerate.
|April 27, 2015|
|08:20 EDT||AEO||American Eagle estimates raised on strong execution, says Susquehanna|
Susquehanna raised its earnings estimates on American Eagle based on its continued strong product execution and reduced promotional activity, stringent inventory control, and leverage of omni-channel capabilities. Susquehanna reiterated its Positive rating and raised its price target to $21 from $20 on American Eagle shares.
|April 23, 2015|
|16:17 EDT||ARO||Aeropostale announces changes to board|
Aéropostale announced future changes to the composition of its board. Robert Chavez has advised the company that he will not seek re-election to the company's board at the 2015 Annual Stockholder Meeting due to his responsibilities and time commitments as president and CEO of Hermes of Paris. Chavez will continue to serve until the 2015 Annual Meeting. Stefan Kaluzny has also advised the company that he will not seek re-election as a Director at the 2015 Annual Stockholder Meeting. Kaluzny, a Managing Director of Sycamore Partners, has served as a designated Series B Director since May 2014. He will also continue to serve until the 2015 Annual Meeting.
|April 22, 2015|
|11:08 EDT||AEO||Options with increasing implied volatility|
Options with increasing implied volatility: CZR FMSA PSEC CSX AEO CRM BBY SPLS HPQ DTV