StockCall Scans Ross Stores and Urban Outfitters: Lifestyle Stocks Make a
LONDON, February 22, 2013
LONDON, February 22, 2013 /PRNewswire/ --
Apparel industry has many key players and the space is saturated. Due to
intense competition, margins are compromised and the growth rates are
difficult to maintain. Ross Stores Inc. (NASDAQ: ROST) caters to
value-conscious customers and has created a niche in the market. Its financial
numbers are impressive and the stock has shown impressive growth. Urban
Outfitters Inc. (NASDAQ: URBN), on the other hand, deals with high-end and
younger customer. The stock recently created its new 52-week high and is
likely to continue performing well. StockCall has taken an interest in these
companies and you can now sign up to download the free technical research on
Ross Stores and Urban Outfitters at http://www.stockcall.com/registration
Urban Outfitters Reports Q4 Results
Urban Outfitters announced its fourth quarter results. The company reported 17
percent increase in quarterly sales to $857 million. However, its same-store
sales remained flat. For its full year, the revenue increased 13 percent to
$2.8 billion. The apparel company also reported record sales for its holiday
season. While apparel sector is getting crowded, Urban Outfitters is firmly on
the growth trajectory. The company opened 49 new stores for the year ended on
January 31 ^st . Its stock is following the same story as it recently hit its
new 52-week high. Register to download the free technical analysis on Urban
Outfitters Inc. at http://www.StockCall.com/URBN022213.pdf
Urban Outfitters' stock grew 45 percent in the past 52 weeks and its YTD
growth is pegged at 5 percent. Lifestyle stocks are making a comeback after
the general improvement in the economy. Urban Outfitters is taking steps to
grow and is focusing on deriving up its online sales. For the holiday season,
the company witnessed 38 percent increase in its online sales.
Urban Outfitters mainly targets young adults. It is performing well than most
of its peers. However, it is not immune to the general perils plaguing retail
sector. Most of the company brands are doing well including 33 percent net
sales growth shown by its 'The Free People' brand.
Ross Stores Authorizes Shares Repurchase Program
Ross Stores' stock was picked up by StoneRidge Investment Partners in the
previous quarter and represents 1.15 percent of the total portfolio.
Institutional interest in a stock is generally a good sign. Ross Stores
focuses on the lower-end market and caters to value-conscious customers. Its
stock rose 8.5 percent so far this year and 13 percent in the past 12 months.
The company saw its key sale measure grow 4 percent and it also upgraded its
earnings forecast. Sign up today to read the free research report on Ross
Stores Inc. at http://www.StockCall.com/ROST022213.pdf
The company also recently declared dividend at 17 cents per share, up 21
percent from its most recent payout. The dividend is payable on March 29 ^th .
While the stock is an attractive option given its good capital growth and
dividend yield, it also pays back to its investors in the form of share
buyback. Ross Stores' management authorized its new share repurchase program
worth $1.1 billion. The program will be valid through fiscal year 2014. Its
previous shares repurchase program involved $900 million worth of buyback.
Ross Stores expects to earn in the range of $1.06 and $1.07 per share for the
quarter ended on February 2 ^nd . For the entire fiscal year, the company's
earnings are expected to be in the range of $3.52 and $3.53.
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