Today’s Trade Alerts include: Jos. A. Bank Clothiers Inc. (JOSB), The Gap Inc. (GPS), Nordstrom Inc. (JWN), Abercrombie & Fitch Co. (ANF), American Eagle Outfitters Inc. (AEO), and J. Crew Group Inc. (JCG).
“Jos. A. Bank Clothiers Inc. (JOSB) shares slipped 2.16% to $25.84 early Tuesday. Jos. A. Bank, together with its subsidiaries, engages in designing, retailing and direct marketing of men's tailored and casual clothing and accessories...
“Jos. A. Bank recently leased a 3,560 square feet space in The Granite Palace at 358 Broadway in downtown Saratoga Springs, New York. The company now has 434 stores in the United States, including one at Stuyvesant Plaza in Guilderland…
“The company's net income in the first quarter was $9.8 million, 1.4% higher than the net income for the first quarter of 2007. Net sales increased 12.3% and sales at stores open at least a year increased 6.4%...”
“The Gap Inc. (GPS) shares jumped 6.41% to $19.92 in early Tuesday trading. Gap, through its subsidiaries, operates as a specialty retailing company…
“The company recently reported sales of $998 million in the four weeks ended August 2, down from $1.05 billion in the same period a year ago. For the month of July, same store sales fell in every Gap business unit, down 6% for Gap North America, down 8% for Banana Republic and down 16% at Old Navy. International same store sales also fell 9%. Last year, Gap same store sales fell 7% for the month of July…
“The company operates retail and online stores that sell casual apparel, accessories and personal care products for men, women and children under the Gap, Old Navy, Banana Republic and Piperlime names…”
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Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Jos. A. Bank Clothiers Inc. (JOSB). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
