What's Happening With These Apparel Stores Stocks? -- American Eagle Outfitters, Boot Barn, Express, and L Brands
NEW YORK, April 2, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on AEO, BOOT, EXPR, and LB which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market, WallStEquities.com scans American Eagle Outfitters Inc. (NYSE: AEO), Boot Barn Holdings Inc. (NYSE: BOOT), Express Inc. (NYSE: EXPR), and L Brands Inc. (NYSE: LB). Apparel Stores sell clothing, footwear, and accessories to consumers. It is a subset of the Retail industry, and these companies usually make and sell their own clothing brands, although some do sell third-party merchandise. All you have to do is sign up today for this free limited time offer by clicking the link below.
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American Eagle Outfitters
Last Thursday, shares in Pittsburgh, Pennsylvania headquartered American Eagle Outfitters Inc. rose 1.37%, ending the day at $19.93. The stock recorded a trading volume of 3.75 million shares. The Company's shares have advanced 3.43% in the last month, 4.18% over the previous three months, and 39.08% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.71% and 32.60%, respectively. Moreover, shares of the Company, which operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle Outfitters and Aerie brands, have a Relative Strength Index (RSI) of 55.08.
On March 15th, 2018, American Eagle Outfitters (AEO) announced the appointment of Suja Chandrasekaran to its Board of Directors as an independent director, effective Monday, March 19th, 2018. Ms. Chandrasekaran brings extensive experience in Retail and Consumer Products industries to the AEO board, drawing upon past executive leadership positions at Wal-Mart Stores Inc., The Timberland Company, as well as her current leadership role at Kimberly-Clark.
On March 23rd, 2018, research firm Loop Capital initiated a 'Buy' rating on the Company's stock, with a target price of $25 per share. Get the full research report on AEO for free by clicking below at: www.wallstequities.com/registration/?symbol=AEO
Boot Barn Holdings
Shares in Irvine, California-based Boot Barn Holdings Inc. ended the day 1.26% higher at $17.73 with a total trading volume of 216,765 shares. In the last month and the previous three months, the stock has gained 0.62% and 1.90%, respectively. Additionally, the Company's shares have advanced 78.73% over the past year. The stock is trading above its 200-day moving average by 45.78%. Furthermore, shares of Boot Barn, which operates specialty retail stores in the US, have an RSI of 49.32. Today's complimentary research report on BOOT is accessible at: www.wallstequities.com/registration/?symbol=BOOT
Express
At the close of trading on Thursday, shares in Columbus, Ohio headquartered Express Inc. finished 0.97% lower at $7.16 with a total trading volume of 1.52 million shares. The stock is trading below its 50-day moving average by 0.11%. Shares of the Company, which operates as a specialty apparel and accessories retailer, have an RSI of 49.42.
On March 14th, 2018, Express announced its results for Q4 and full year 2017. For Q4 2017, net sales were $693.8 million, operating income was $44.2 million, and net income was $29.4 million. For the full year, net sales were $2,138.0 million, operating income was $29.7 million, and net income was $19.4 million. Cash and cash equivalents totaled $236.2 million at the end of 2017. Register now for your free research document on EXPR at: www.wallstequities.com/registration/?symbol=EXPR
L Brands
Columbus, Ohio headquartered L Brands Inc.'s shares recorded a trading volume of 4.60 million shares at the end of yesterday's session. The stock closed the day 1.43% higher at $38.21. The Company's shares are trading below their 50-day moving average by 17.05%. Additionally, shares of L Brands, which operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, and accessories, have an RSI of 30.22.
On March 08th, 2018, L Brands reported net sales of $853.9 million for the four-week period ended March 03rd, 2018, compared to net sales of $765.5 million for the four-week period ended February 25th, 2017. Comparable sales for the four weeks ended March 03rd, 2018 increased 3% compared to the four weeks ended March 04th, 2017. The Company has also authorized a new $250 million share repurchase program, which includes the remaining $23.1 million outstanding under the previous program.
On March 13th, 2018, research firm Credit Suisse initiated a 'Neutral' rating on the Company's stock, with a target price of $45 per share. Click on the link below and see our free report LB at: www.wallstequities.com/registration/?symbol=LB
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