The Gap Inc. (NYSE: GPS) may have raised its minimum wage, but the move is so far not helping out the company’s same-store sales data. In fact, the company’s same-store sales were bad enough that you might wonder if the guidance should have been lowered with the report. The Gap Inc. (NYSE:GPS) stock opened at $41.40 in last session, and closed at $42.38, while the day range of GPS stock is $41.05-$42.46. The stock showed a negative weekly performance of -3.13%.
Abercrombie & Fitch Co. (NYSE:ANF) was upgraded by Credit Suisse from a “neutral” rating to an “outperform” rating in a research note issued on Tuesday, TheFlyOnTheWall.com reports. The firm currently has a $52.00 price objective on the stock, up from their previous price objective of $36.00. Credit Suisse’s price objective points to a potential upside of 24.97% from the company’s current price. Abercrombie & Fitch Co. (NYSE:ANF) stock opened at $41.50, in last session and closed at $41.24, by gained 0.34%. The 52 week range was $31.14-$55.23.Company’s market capitalization is $3.15 billion.
American Eagle Outfitters (NYSE:AEO) is a specialty retailer. It is expected to report FY 2013 fourth-quarter EPS of 26 cents on revenue of $1.03 billion, compared with a profit of 47 cents a share on revenue of $1.12 billion in the year-ago period. American Eagle Outfitters is trading at around $14.35 a share. In the past 12 months, the stock has lost 29.1 percent. American Eagle Outfitters (NYSE:AEO) stock gained 0.70% and finished the last session at $14.38.The EPS of the stock remained 0.84.Company’s market capitalization is $2.77 billion.
Urban Outfitters, Inc. (NASDAQ:URBN) is a lifestyle specialty retail company. The company has a market capitalization of $5.50 billion. It is expected to report FY 2014 fourth-quarter EPS of 56 cents on revenue of $927.71 million, compared with a profit of 56 cents a share on revenue of $856.83 million in the year-ago period. Urban Outfitters Inc. is trading at around $37.25 a share. In the past 12 months, the stock has lost 8.4 percent. Urban Outfitters, Inc. (NASDAQ:URBN) stock opened the session at $37.20, and closed the session at $37.56. The 52 week range of the URBN stock remained $33.95-$44.96 and the day range was $37.09-$37.78.