NEW YORK, December 6, 2016 /PRNewswire/ --
Stock-Callers.com shifts investors' attention to the Apparel Stores segment which operates physical retail establishments that
sell clothing and accessories. The US market is concentrated, with the 50 largest companies accounting for about 70% of
industry revenue. Let us now turn to these four stocks to see where they are positioned in the market today: Nordstrom Inc.
(NYSE: JWN), Urban Outfitters Inc. (NASDAQ: URBN), Ross Stores Inc. (NASDAQ: ROST), and Express Inc. (NYSE: EXPR). Learn more
about these stocks by downloading their free report at:
http://stock-callers.com/registration
Nordstrom
Washington-based Nordstrom Inc.'s stock finished Monday's session 1.17% higher at
$57.20 with a total trading volume of 2.70 million shares. The Company's shares have advanced
14.65% in the past month, 15.09% over the previous three months, and 18.37% on an YTD basis. The stock is trading above its
50-day and 200-day moving averages by 6.04% and 18.47%, respectively. Furthermore, shares of Nordstrom, which offers apparel,
shoes, cosmetics, and accessories for men, women, and children in the US and Canada, have a
Relative Strength Index (RSI) of 57.58.
On November 11th, 2016, research firm Telsey Advisory Group reiterated its 'Market
Perform' rating on the Company's stock with an increase of the target price from $53 a share to
$60 a share.
On December 1st, 2016, Nordstrom announced plans to open Nordstrom Rack at Chimney Rock Crossing in Bridgewater, New Jersey. The
approximately 36,000-square-foot store is scheduled to open in 2018. The property is owned by Regency Centers. When the new store
opens, it will be the eighth Rack in New Jersey. The free research report on JWN is available
at:
http://stock-callers.com/registration/?symbol=JWN
Urban Outfitters
Shares in Philadelphia, Pennsylvania-based Urban Outfitters Inc. ended at $33.19, up 4.80% from the last trading session. The stock recorded a trading volume of 5.61 million shares,
which was above its three months average volume of 2.63 million shares. The Company's shares have gained 1.84% in the last one
month and 45.89% since the start of this year. The stock is trading 5.01% above its 200-day moving average. Moreover, shares of
Urban Outfitters, which engages in the retail and wholesale of general consumer products, have an RSI of 43.64.
On November 22nd, 2016, Urban Outfitters announced net income of $47 million for Q3 FY17. Earnings per diluted share were $0.40 for Q3 FY17 and
the total net sales for Q3 FY17 increased 5% over Q3 FY16 to a record $862 million.
On November 23rd, 2016, research firm Wunderlich downgraded the Company's stock
rating from 'Buy' to 'Hold'. The complimentary report on URBN can be downloaded at:
http://stock-callers.com/registration/?symbol=URBN
Ross Stores
Dublin, California headquartered Ross Stores Inc.'s stock ended yesterday's session 0.31%
lower at $67.15. A total volume of 2.77 million shares was traded, which was higher than their
three months average volume of 2.61 million shares. The Company's shares have advanced 9.58% in the past month, 7.01% over the
previous three months, and 25.68% on an YTD basis. The stock is trading 4.16% above its 50-day moving average and 12.79% above
its 200-day moving average. Additionally, shares of Ross Stores, which together with its
subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand
names in the US, have an RSI of 58.94.
On November 17th, 2016, Ross Stores reported diluted
earnings per share of $0.62 in Q3 2016, compared to $0.53 in Q3 2015.
Net earnings grew to $245 million in Q3 2016, up from $216 million in
Q3 2015 and sales for Q3 2016 rose 11% to $3.1 billion.
On November 18th, 2016, research firm Wedbush reiterated its 'Outperform' rating on
the Company's stock with an increase of the target price from $67 a share to $71 a share. Visit us today and download our complete research report on ROST for free at:
http://stock-callers.com/registration/?symbol=ROST
Express
At the close on Monday, shares in Columbus, Ohio-based Express Inc. recorded a trading volume
of 3.58 million shares, which was above their three months average volume of 2.35 million shares. The stock finished 3.52% higher
at $11.17. The Company's shares are trading below their 50-day moving average by 10.72%.
Furthermore, shares of Express, which operates as a specialty apparel and accessories retailer, have an RSI of 33.23.
On December 1st, 2016, Express reported that Q3 2016 net sales decreased 7% to
$506.1 million from $546.6 million in Q3 2015. The Company's Q3 2016
net income was $11.6 million, or $0.15 per diluted share, compared to
net income of $26.3 million, or $0.31 per diluted share, in Q3
2015.
On December 2nd, 2016, research firm Mizuho reiterated its 'Buy' rating on the
Company's stock with a decrease of the target price from $14 a share to $13 a share. Get free access to your technical report on EXPR at:
http://stock-callers.com/registration/?symbol=EXPR
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