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Tag Archive: aeo


Teen Retail: Old Guard May Not Cut it in New World

originally published on August 22 2014 Teen retailers have been in a death spiral for years now, yet recently the street has decided that fewer bad results are the new good. Take American Eagle (AEO), for example. Comps declined 7% this quarter and gross margins were down ONLY 40 basis points. Most surprising, the company issued guidance …

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ANF: Not Buying Inventory Excuse in Europe


What was all that talk about a sequential improvement in Abercrombie & Fitch’s (ANF) international business last quarter? Turns out that must have been fleeting because Abercrombie reported first-quarter total same-store sales fell 15%. The U.S. was bad, down 14%, but international was downright ugly, falling 16%. I’m just relieved that all my talk about …

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Topshop selling 25% stake ? A New Worry for US Retailers


Topshop selling 25% stake ? A New Worry for US Retailers Several new outlets are reporting Philip Green is close to selling a 25% stake in Topshop/Topman to LA based private equity firm Leonard Green. So what will Sir Philip do with the ~£250M? One thing we can be sure of is Topshop has its …

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Retail: Back To School All About Inventory Discipline


Earnings season was a sigh of relief for the most part. Retailers exposed to Europe were not the disaster many expected (well with the exception of ANF). And back home July’s strong showing seemed to continue into August for the majority of names (with the exception of ARO, GES and BIG). As we head into …

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Not All Retailers are Created Equal When it Comes to Price Inflation THIS BLOG APPEARED ON CNBC.COM   5/12/2011 The first quarter is now behind us and as retail earnings start to trickle out, the S&P retail index is hitting new highs. Correct me if I am wrong but last time I heard the consumer was still under quite a bit of pressure. Sure there is some incremental …

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