Specialty retailer and shopping mall staple�Express (NYSE: EXPR ) delivered a stellar earnings report last week that delighted investors and analysts alike. The beat was impressive, given that many specialty retailers remain challenged by macroeconomic tepidity and unseasonable weather patterns. Yet the real news regarding the company is not so much its recent performance but its upcoming focus. With management's latest comments in mind, let's take a closer look at Express.
Earnings recap
The tone just a few months back was much different for Express management, which was anticipating a more hesitant shopper base coupled with a large disconnect between spring break and the Easter holiday (not to mention a dreadful 2012). The company wisely chose to combat these factors with a very active promotional campaign -- namely a 40%-off, no-nonsense campaign that seemed to resonate with cost-conscious mall-goers. While same-store sales were flat on a year-over-year basis, management was excited to see a higher conversion rate in existing stores. More encouraging was the company's Web effort, with e-commerce growing an impressive 48% -- representing a total of 14% of the company's entire sales.
Top Specialty Retail Companies To Invest In 2014: Highway Capital(HWC.L)
Highway Capital plc does not have significant operations. It intends to seek and acquire a suitable business. The company is based in London, the United Kingdom.
Top Specialty Retail Companies To Invest In 2014: Meadowbrook Insurance Group Inc. (MIG)
Meadowbrook Insurance Group, Inc., through its subsidiaries, operates as a specialty commercial insurance underwriter and insurance administration services company in the United States. The company markets and underwrites specialty property and casualty insurance programs and products, including workers� compensation, general liability, commercial property, environmental, garage, commercial multi-peril, commercial auto, surety, and marine insurance on an admitted and non-admitted basis through a network of independent retail agents, wholesalers, program administrators, and general agents. It also offers program and product design, underwriting risk selection and policy issuance, claims administration and handling, loss prevention and control, risk-bearing entities administration, and retail property and casualty insurance agency services, as well as produces commercial, personal lines, life, and accident and health insurance with unaffiliated insurance carriers for its fe e-for-service and agency clients. The company was founded in 1955 and is headquartered in Southfield, Michigan.
Top 10 Undervalued Companies To Watch In Right Now: CenturyLink Inc.(CTL)
CenturyLink, Inc., together with its subsidiaries, operates as an integrated communications company. The company provides a range of communications services, including voice, Internet, data, and video services in the continental United States. Its services include local exchange and long distance voice telephone services, as well as enhanced voice services, such as call forwarding, caller identification, conference calling, voicemail, selective call ringing, and call waiting; wholesale local network access services; and data services, including high-speed Internet access services, data transmission services over special circuits and private lines, and switched digital television services, as well as special access and private line services. The company also offers fiber transport, competitive local exchange carrier, security monitoring, and other communications, as well as professional and business information services. In addition, it provides other related services, such as leasing, selling, installing, and maintaining customer premise telecommunications equipment and wiring; payphone services; and network database services, as well as participates in the publication of local telephone directories. Further, the company offers printing, direct mail services, and cable television services; and wireless broadband Internet access services and satellite television services. As of December 31, 2010, it operated approximately 6.5 million telephone access lines. CenturyLink, Inc was founded in 1968 and is based in Monroe, Louisiana.
Advisors' Opinion:- [By Paul]
CenturyLink (CTL), provides a range of communications services, including local and long distance voice, wholesale network access, high-speed Internet access, other data services, and video services in the continental United States. The company is a member of the elite dividend aristocrats index, and has raised dividends for 37 consecutive years. In comparison to the previous two telecom players, CenturyLink has been able to cover its distributions from EPS, although its payout ratio is a scary 92.70%. Yield: 7.20%.
Top Specialty Retail Companies To Invest In 2014: Copano Energy L.L.C.(CPNO)
Copano Energy, L.L.C. provides midstream services to natural gas producers in the United States. The company?s services include natural gas gathering, compression, dehydration, treating, marketing, transportation, processing, and fractionation. It owns and operates natural gas gathering and intrastate transportation pipeline assets; natural gas processing and fractionation facilities; and natural gas liquid (NGL) pipelines in Texas, Oklahoma, Wyoming, and Louisiana. The company operates approximately 6,800 miles of natural gas gathering and transmission pipelines; and 10 natural gas processing plants with approximately 1 billion cubic feet per day of combined processing capacity. It also operates 380 miles of NGL pipelines. The company serves third-party pipelines, distribution companies, power generation facilities, and industrial customers. Copano Energy, L.L.C. was founded in 2001 and is based in Houston, Texas.
No comments:
Post a Comment