Guess? Inc. (NYSE:GES) posted mixed results in first-quarter fiscal 2014. The apparel retailer’s first-quarter loss of 3 cents compared unfavourably with prior-year earnings of 14 cents mainly due to weak top line. However, the loss was narrower than the Zacks Consensus Estimate of a loss of 6 cents as well as management’s expected range of 9-5 cents loss. Guess?, Inc. (NYSE:GES) net profit margin is 5.90% and weekly performance is 2.52%. On last trading day company shares ended up $26.43. Analysts mean target price for the company is $27.54. Guess?, Inc. (NYSE:GES) distance from 50-day simple moving average (SMA50) is -1.21%.
The Gap Inc. (NYSE:GPS) Director Robert J. Fisher unloaded 250,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $41.25, for a total transaction of $10,312,500.00. Following the completion of the sale, the director now directly owns 8,953,834 shares in the company, valued at approximately $369,345,653. The Gap Inc. (NYSE:GPS) shares fell -0.38% in last trading session and ended the day on $41.59. GPS gross Margin is 38.40% and its return on assets is 15.40%.The Gap Inc. (NYSE:GPS) quarterly performance is 0.92%.
As previously disclosed, Jos. A. Bank Clothiers, Inc. (NASDAQ:JOSB) entered into an Agreement and Plan of Merger with The Men’s Wearhouse, Inc., a Texas corporation and Java Corp., a Delaware corporation wholly-owned by Parent. On June 18, 2014, Parent issued a press release announcing the completion of the Offer and the Merger. Jos. A. Bank Clothiers Inc. (NASDAQ:JOSB) shares was closed at $64.98. A. Bank Clothiers Inc. (NASDAQ:JOSB) year to date (YTD) performance is 18.64%.
On June 12, 2014, the Board of Directors of Express, Inc. (NYSE:EXPR) a Delaware corporation declared a dividend payable on June 23, 2014 of one right (a “Right”) for each outstanding share of common stock, par value $0.01 per share of the Company held of record at the close of business on June 23, 2014. Express, Inc. (NYSE:EXPR) ended the last trading day at $16.63. Company weekly volatility is calculated as 3.14% and price to cash ratio as 5.60.Express, Inc. (NYSE:EXPR) showed a positive weekly performance of 22.73%.
bebe stores, inc. (NASDAQ:BEBE) on 12 June announced that Steve Birkhold has resigned as CEO of bebe stores, inc. effective immediately. Concurrently, the Board of Directors has appointed Jim Wiggett, currently CEO of Jackson Hole Group, as interim CEO of bebe. bebe stores, Inc. (NASDAQ:BEBE) net profit margin is -15.10% and weekly performance is 3.33%. On last trading day company shares ended up $3.40. Analysts mean target price for the company is $6.60. bebe stores, inc. (NASDAQ:BEBE) distance from 50-day simple moving average (SMA50) is -27.17%.