The first month after the holiday season is always tough on retailers as consumers shy away from purchasing. But the figures released by American Apparel Inc. (NYSEMKT:APP) for the month show a depressing trend. There was a decrease of 5% in comparable sales including a 4% drop in the retail store segment and a 6% decrease in the online segment. American Apparel Inc. (NYSEMKT:APP) stock opened at $0.65 in last session, and closed at $0.620, while the day range of APP stock is $0.55-$0.66.The stock showed a negative weekly performance of -38.62%.
Pilgrim’s Pride Corporation has kept production-related expenses in check while raising prices on chicken in recent quarters, driving an improvement in its operating performance that prompted investors to more than double the company’s share price last year. Pilgrim’s Pride Corporation (NASDAQ:PPC) stock opened at $17.40, in last session and closed at $16.67, by loosed -2.46%.The 52 week range was $8.35-$19.23.Company’s market capitalization is $4.32 billion.
Iconix Brand Group Inc (NASDAQ:ICON) posted its quarterly earnings results on Thursday. The Iconix Brand Group Inc reported $0.54 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.51 by $0.03, American Banking News.com reports. Iconix Brand Group Inc (NASDAQ:ICON) stock loosed 0.72% and finished the last session at $39.39.The EPS of the stock remained 2.04.Company’s market capitalization is $2.03 billion.
The Orient Paper Inc (NYSEMKT:ONP) remains cautiously optimistic towards the prospects of the Chinese paper manufacturing sector, while several industry analysts expect a mild recovery in the corrugated medium paper market in the next few quarters. Orient Paper Inc (NYSEMKT:ONP) stock opened the session at $2.51, and closed the session at $2.26.The 52 week range of the ONP stock remained $1.43-$3.00 and the day range was $2.50-$2.55.