As part of its annual investor meeting, The Gap Inc. (NYSE:GPS) recently is providing an overview of its strategic initiatives designed to achieve long-term, profitable growth across its portfolio of brands. The company also will highlight its use of technology, innovation and scale as competitive advantages as it makes progress toward bridging the growing digital world with its physical stores to create world-class shopping experiences for its customers. The Gap Inc. (NYSE:GPS) shares after opening at $38.85 moved to $39.47 on last trade day and at the end of the day closed at $39.11. Company price to sales ratio in past twelve months was calculated as 1.08 and price to cash ratio as 11.57. The Gap Inc. (NYSE:GPS) showed a positive weekly performance of 1.93%.
Urban Outfitters, Inc. (Nasdaq:URBN), a leading lifestyle specialty retail company operating under the Anthropologie, Bhldn, Free People, Terrain and Urban Outfitters brands, announced the appointment of Trish Donnelly to the role of President of Urban Outfitters brand, North America reporting directly To Ted Marlow, Chief Executive Officer, Urban Outfitters Group, effective July 14, 2014.Urban Outfitters, Inc. (NASDAQ:URBN) shares advanced 0.20% in last trading session and ended the day on $35.83. URBN return on equity ratio is recorded as 18.10% and its return on assets is 13.80%. Urban Outfitters, Inc. (NASDAQ:URBN) yearly performance is -9.52%.
Abercrombie & Fitch Co. (NYSE:ANF) planted a big flag in China last weekend and expects to do many, many more. many, many more.The New Albany-based retailer has talked about its Asia ambitions before, but as it opened its first flagship store in Shanghai, it put a number to that potential. Abercrombie & Fitch Co. (NYSE:ANF) shares moved up 0.54% in last trading session and was closed at $37.28, while trading in range of $37.01-$38.01.Abercrombie & Fitch Co. (NYSE:ANF) year to date performance is 13.87%.
One of the leading apparel chains in the U.S., American Eagle Outfitters (NYSE:AEO) has had a tough time in the recent past due to poor response to product changes and an overall weakness in the U.S. apparel industry. The company reported dismal sales for fiscal 2013, and slashed its outlook for the first quarter of fiscal 2014 on account of extreme weather conditions. Owing to industry weakness, American Eagle’s near term growth is likely to remain slow as most of its business is confined to North America. American Eagle Outfitters (NYSE:AEO) weekly performance is -1.68%. On last trading day company shares ended up $11.10. American Eagle Outfitters (NYSE:AEO) distance from 50-day simple moving average is -13.56%. Analysts mean target price for the company is $14.28.