Somewhat upscale jeans designer and marketer Joe's Jeans Inc (NASDAQ: JOEZ), any peer of VF Corp (NYSE: VFC) and Michael Kors iPhone 5 wallet Holdings Limited (NYSE: KORS), is scheduled with report Q2 2014 earnings in relation to market closes on Thursday. Besides the Joe's Jeans Inc earnings document, it should be said that VF Corp informed Q1 2014 on April twenty fifth (earnings beat on higher revenues and furthermore , VFC raised its outlook as quarterly money rose) and is scheduled to document Q2 2014 earnings on Should the 18th while Michael Kors Coopérative Ltd reported Q4 2014 pay on May 28th (shares stumbled considering that gross margins frayed) and will document Q1 2015 earnings on Aug 4th.
What Should You Watch Out for Belonging to the Joe's Jeans Inc Earnings Story?
First, here is a quick recap and are generally Joe's Jeans Inc's recent pay history from Yahoo! Finance:
Some HistoryMay 13Aug 13Nov 13Feb 14EPS Est
Last April, Joe's Tight pants or skirts Inc reported a consolidated the first thing quarter net sales increase of 61% to $47. 3 million as these company completed its acquisition of Hudson Clothing Coopérative, Inc on September 30th, 2013 (the deal was for $97. 6 million) with results for the the first thing quarter of fiscal 2014 highlighting the first full quarter of operating for Hudson as a subsidiary. Joe's Jeans Inc had a net regarding $2. 2 million verses good net loss of $6. 4 unité in the prior year period. Our President/CEO commented:
"The addition and are generally $17. 3 million in resale net sales from Hudson combined with the top and bottom line for our resale operations for the quarter. We were aside from that pleased to see growth from equally our Joe's® men's and female wholesale divisions for the quarter using a comparative basis and we are optimists about our wholesale channel when move into the back half of the year. "
"Our retail division continues to raise and mature along with our relevant store sales base. Both all these Joe's® and Hudson® e-shops regularly drive sales and profits for our retail area. "
This time around and according to the Rocketmail! Finance analyst estimates page, these consensus expects
On the news front, right now there really has not been much in the way of news around Joe's Jeans Inc over the past few weeks. It should be noted that last year's combination with Hudson Clothing Holdings, a top global designer and marketer and are generally women's and men's premium brand name denim apparel, does present countless opportunities for the company. When the combination was completed, the President/CEO left a comment:
"The combination of our two various kinds of, which doubles the size of our companies, significantly enhances our prospects as for growth across wholesale, retail but e-commerce, both domestically and in other countries. The combination also provides leading and supply chain benefits that should drive the car meaningful cost savings in the future and highlights our positive outlook. "
Exactly what do the Joe's Jeans Inc Maps Say?
The latest technical chart as for Joe's Jeans Inc shows these stock trending downward since the creation of March but it also appears that experts claim downtrend may have reversed itself:
All the same, the stock has been all over the place during the last five years while VF Corp but Michael Kors women wallet Holdings Ltd were steady performers:
The technical or even chart for VF Corp shows these stock has been in a solid uptrend for a while while Michael Kors Holdings Limited has trended down a bit following March:
The acquisition of Hudson Dresses Holdings should be a good move in the future but Joe's Jeans Inc still has got to show that it can be consistently productive as it has produced a website loss last year as well as in 2011.
No comments:
Post a Comment