CHICAGO, Nov. 14, 2014 /PRNewswire/ -- Zacks Equity Research highlights Vince Holding Corp ( NYSE:VNCE-Free Report) as the Bull of the Day and Carbo Ceramics ( NYSE:CRR-Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis onMacy's, Inc. ( NYSE:M-Free Report), Foot Locker, Inc. ( NYSE:FL-Free Report) and Barnes & Noble, Inc. ( NYSE:BKS-Free Report).
Here is a synopsis of all five stocks:
Looking for the next up-and-coming fashion house to take market share from Michael Kors?
Vince Holding Corp ( NYSE:VNCE-Free Report) is a leading designer, marketer, and distributor of contemporary, up-scale apparel. Vince products are sold at premium department stores, such as Nordstrom, Saks Fifth Avenue, Neiman Marcus and Bloomingdale's, as well as about 30 company-operated stores and its ecommerce website Vince.com.
With sales of $288 million in 2013 and tracking 20% revenue growth this year, Vince offers a broad range of women's and men's ready-to-wear including its signature cashmere sweaters, leather jackets, luxe leggings, dresses, silk and woven tops, denim and footwear.
For a holiday consumer-focused trading opportunity, VNCE is the new KORS. Especially with their latest news.
William Blair analysts already had a Buy rating on the stock as a 20%+ grower with "global brand potential." But this month, they added Vince to their Consumer Focus list that tries to pick stocks with solid appreciation potential over the next 60 days, just like the Zacks Rank.
Here's what Blair analysts had to say in their report last week...
"Vince launched its much-anticipated handbag collection for preorder online at Vince.com on October 30 (a day earlier than expected). The initial collection will be available at Vince stores as early as November 10 in some locations, as well as in time for the holiday season (mid-November) in 26 Saks Fifth Avenue locations and the Saks web site for a limited exclusive time."
The Blair analysts see the collection as "brand-right and well-executed." And they believe the company will be able to exploit "white space" in the $500-999 price point category.
The big news of the day in the Energy sector is the potential marriage of oilfield service giants and Baker Hughes. Shares of both companies were up sharply late Thursday on word of the M&A talks.
And this is probably a welcome relief for investors who have watched their shares plummet as the price of crude oil entered a bear market. The oilfield services names have been as vulnerable as the Exploration & Production (E&P) companies because so much of their work revolves around "fracking" which requires a relatively high oil price to be economically viable.
Maybe it will also become welcome news for one their specialty suppliers in the fracking of oil and gas, Carbo Ceramics ( NYSE:CRR-Free Report), whose shares have nose dived over 2/3 since their summer highs above $150.
Carbo Ceramics hit a trailing 12-month revenue peak of nearly $700 million last summer, but recorded only $155.4 million in the third quarter reported two weeks ago. The lower-than-expected sales were warned about in a pre-announcement September 22.
Macy's Same-Day Delivery to Enhance Sales
With same-day delivery gaining traction in the U.S., Macy's, Inc. ( NYSE:M-Free Report) and Bloomingdale's recently announced that they would provide the service this fall season, to compete better with big-shot companies. This service is likely to enhance customers' convenience as it will allow them to shop online or via mobile apps and have their products delivered the same day.
Sources said that to facilitate same-day delivery, the company has collaborated with Deliv, which is a startup based in Silicon Valley. This delivery service company uses crowd sourced drivers, who collect orders from local outlets as they are placed, and deliver them within a particular distance.
Both Macy's and Bloomingdale's will offer this service in select cities. While Macy's will extend this feature to citizens of Chicago, San Jose, Washington, D.C., San Francisco, Seattle, Los Angeles, Houston and New Jersey, Bloomingdale's will take it slow, by starting with San Francisco, Los Angeles, San Jose and Chicago only.
The growing popularity of this service is evident from the fact that many other companies have already adopted it. Recently, Google Inc. partnered with retailers like Barnes & Noble, Inc. ( NYSE:BKS-Free Report), Costco and Staples to power this service for them. Also, Amazon is attempting to follow suit.
For Macy's, My Macy's localization initiatives, omni-channel integration and magic selling have always remained driving factors. Apart from same-day delivery, the company introduced many other innovative services including Apple Pay, Buy Online Pickup in Store ("BOPS") Rollout Completed, Enhanced Shopping Apps and Innovation in Stores Selling Technology, all in September.
Going forward, this customer-oriented retailer intends to maintain its focus on making innovations and growing in the omni-channel world. With these initiatives underway, the company is all set to tap sales this holiday season.
However, Macy's currently carries a Zacks Rank #4 (Sell) as the company trimmed its sales and earnings forecast for fiscal 2014, when it released its third-quarter fiscal earnings, where sales of $6,195 million not only missed the Zacks Consensus Estimate of $6,346 million, but also slid 1.3% year over year.
Including sales generated from third-party licensed departments, comparable-store sales are expected to increase between 1.2% and 1.5% (or 0.7% to 1% excluding licensed businesses) in fiscal 2014. Earlier, the company had projected comparable-store sales growth of 2% to 2.5% for the full year (or 1.5% to 2% excluding licensed businesses).
Macy's also lowered its full-year earnings projection to a band of $4.25 to $4.35 per share from $4.40 to $4.50 projected earlier. The current Zacks Consensus Estimate for the fiscal year is $4.30 per share, falling within the guidance range.
However, earnings of 61 cents a share surpassed the Zacks Consensus Estimate of 49 cents, and surged 29.8% from 47 cents earned in the prior-year quarter. Shares of the company have jumped 5.1% since it released its earnings results, yesterday.
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