Operators who have a large store concentration in B & C type shopping malls are getting crushed, and The Gap (NYSE:GPS) is exposed to these exact locations. In aggregate, monthly mall traffic declines are still averaging mid-single-digit territory so apparel retailers have two options: sustain their store footprint or downsize.
The question is, which is the better long term alternative? Amazon (NASDAQ:AMZN) and other online pure-plays remain a threat to retailers given their lower cost structure and customer convenience factors. Given customer conversion rates can be high for certain brands, it can usually pays off to shutter underperforming locations (see American Eagle's latest conference call transcript). Although this is still up for debate, sustaining a massive store footprint is likely a directional disadvantage, especially in this environment.
A Store Problem
GPS has approximately 3,650 stores worldwide. This footprint is about 3-4x the size of other large competitors with the exception of a few names. Gap currently does not plan on reducing its store footprint, which is problem since keeping physical stores and building out an online presence has caused SG&A to inflate quickly. And these costs are not going away.
Top Performing Stocks To Invest In Right Now: Ringcentral, Inc.(RNG)
Advisors' Opinion:- [By Shane Hupp]
Shares of RingCentral (NYSE:RNG) were up 2.9% during trading on Friday after SunTrust Banks raised their price target on the stock to $80.00. SunTrust Banks currently has a buy rating on the stock. RingCentral traded as high as $81.20 and last traded at $74.55. Approximately 19,219 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 485,528 shares. The stock had previously closed at $76.80.
- [By Stephan Byrd]
RingCentral (NYSE: RNG) and Inovalon (NASDAQ:INOV) are both computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, risk, valuation, analyst recommendations, profitability, institutional ownership and earnings.
Top Performing Stocks To Invest In Right Now: S&P GSCI(GD)
Advisors' Opinion:- [By Max Byerly]
Get a free copy of the Zacks research report on General Dynamics (GD)
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- [By Lee Jackson]
This company, like other major defense prime contractors, had a very solid year and is also on the Merrill Lynch US 1 list.�General Dynamics Corp. (NYSE: GD) is engaged in business aviation, land and expeditionary combat vehicles and systems, armaments, munitions, shipbuilding and marine systems, and information systems and technologies.
- [By Joseph Griffin]
Riverhead Capital Management LLC increased its holdings in shares of General Dynamics (NYSE:GD) by 223.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 12,055 shares of the aerospace company’s stock after purchasing an additional 8,328 shares during the period. Riverhead Capital Management LLC’s holdings in General Dynamics were worth $2,663,000 at the end of the most recent reporting period.
- [By Lou Whiteman]
The deal, in effect, makes General Dynamics-owned (NYSE:GD) Gulfstream both a customer of and subcontractor to Triumph on G650 wing box and wing completion work. Wing production work currently being performed at Triumph facilities in Nashville, Tennessee, and Tulsa, Oklahoma, will move to Gulfstream's Georgia facility.
- [By ]
Finally, General Dynamics Corp. (GD) , along with Lockheed and BAE Systems, could possibly profit from heightened demand ships and other vehicles.
- [By Logan Wallace]
These are some of the headlines that may have effected Accern’s analysis:
Get General Dynamics alerts: U.S. Air Force Awards General Dynamics Cloud Services Contract (finance.yahoo.com) General Dynamics (GD) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com) America Desperately Needs More Submarines. And That Is Good News for General Dynamics. (yahoo.com) GD completes Hawker Pacific acquisition (janes.com) General Dynamics Unit Secures Work for Aircraft Computer System Repairs, Replacement (govconwire.com)Shares of NYSE:GD traded up $3.17 on Tuesday, reaching $199.62. The company’s stock had a trading volume of 2,149,954 shares, compared to its average volume of 1,720,029. General Dynamics has a 52-week low of $190.30 and a 52-week high of $230.00. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.98 and a current ratio of 1.34. The stock has a market capitalization of $57.94 billion, a price-to-earnings ratio of 20.06, a PEG ratio of 1.89 and a beta of 0.84.
Top Performing Stocks To Invest In Right Now: AirMedia Group Inc(AMCN)
Advisors' Opinion:- [By Paul Ausick]
AirMedia Group Inc. (NASDAQ: AMCN) posted a 52-week low of $1.04 after closing down 23% on Wednesday at $1.35. The 52-week high is $3.30. Volume was about 4 million, nearly 20 times the daily average of around 230,000 million shares. The Chinese outdoor advertising company said yesterday that it is terminating a potential go-private transaction.
Top Performing Stocks To Invest In Right Now: Industrias Bachoco, S.A. de C.V.(IBA)
Advisors' Opinion:- [By Stephan Byrd]
Bachoco (NYSE:IBA) declared a semiannual dividend on Thursday, April 26th, NASDAQ reports. Stockholders of record on Friday, May 11th will be given a dividend of 0.432 per share on Monday, May 21st. This represents a dividend yield of 1.53%. The ex-dividend date is Thursday, May 10th. This is a boost from Bachoco’s previous semiannual dividend of $0.42.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Bachoco (IBA)
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Top Performing Stocks To Invest In Right Now: Actuant Corporation(ATU)
Advisors' Opinion:- [By Joseph Griffin]
Get a free copy of the Zacks research report on Actuant (ATU)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Eaton (NYSE: ETN) and Actuant (NYSE:ATU) are both industrial products companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, dividends, earnings, risk, analyst recommendations, valuation and profitability.
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