Mall retailers such as American Eagle Outfitters (NYSE: AEO), New York & Company, Inc. (NYSE: NWY) and Guess?, Inc. (NYSE: GES) are due to release their quarterly scorecards Wednesday. Additionally,
Gap Inc (NYSE: GPS) is set to unveil its
monthly sales results on Thursday. The numbers could be reflective of what to expect this holiday shopping season, which began with the Thanksgiving
weekend.
Expectations
Here is a peek into what to expect from these retailers:
American Eagle Outfitters
- The company is scheduled to release its third-quarter results before the market opens on Wednesday.
- The consensus estimates call for earnings per share of $0.41 on revenues of $940.94 million. In comparison, the company
earned $0.35 per share on revenues of $919.07 million last year.
- The stock was up about 7 percent in the quarter.
New York & Company
- The company is scheduled to release its third-quarter results after the market close on Wednesday.
- Analysts, on average, estimate revenues of $219.71 million, roughly even with last year.
- The stock was up roughly 48 percent in the third quarter.
Guess?
- Guess is also scheduled to report its third-quarter financial results after the market close on Wednesday.
- Revenues are estimated to have increased 5.30 percent to $548.37 million.
- The stock has lost about 10 percent in the three-month period ended October 31.
Gap
-
Gap is due to release its
November sales results on Thursday.
- Recently, Gap
reported declines in its third-quarter profit and sales, with sales now down for seven straight quarters.
- Gap was up 30 percent for the third quarter and has gained 15 percent thus far into November.
At Time Of Writing
- American Eagle shares was up 0.90 percent to $18.50.
- Gap was up 0.35 percent to $25.66.
- Guess was sliding 1.45 percent to $15.64.
- New York & Company was rallying 1.60 percent to $2.08.
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