Specialty Retail Stocks: eBay Inc (NASDAQ:EBAY), Staples, Inc. (NASDAQ:SPLS), Office Depot Inc (NYSE:ODP), Five Below (NASDAQ:FIVE), KORS
On may 21, eBay Inc (NASDAQ:EBAY) said on Wednesday that a cyber attack carried out three months ago has compromised customer data, and the company urged 145 million users of its online commerce platform to change their passwords. eBay Inc (NASDAQ:EBAY) net profit margin is -0.90% and weekly performance is -1.50%. On last trading day company shares ended up $50.73. Analysts mean target price for the company is $61.75. eBay Inc (NASDAQ:EBAY) distance from 50-day simple moving average (SMA50) is -5.21%.
The third annual telecommuting survey by Staples, Inc. (NASDAQ:SPLS) shows that telecommuting is increasingly attractive to employees – with 71 percent of telecommuters saying it’s an important benefit when considering a new job. Ten percent of respondents even say they would take a salary reduction to keep the telecommuting benefit – something for employers to take note of when recruiting. Staples, Inc. (NASDAQ:SPLS) shares fell -1.06% in last trading session and ended the day on $11.25. SPLS Gross Margin is 25.80% and its return on assets is 4.70%. Staples, Inc. (NASDAQ:SPLS) quarterly performance is -16.36%.
On May 22, 2014, Office Depot Inc (NYSE:ODP) is recalling about 1.4 million adjustable chairs after reports of seat-plate welds cracking or breaking, resulting in the seats separating from the bases of the chairs and leading to injuries, according to the U.S. Consumer Product Safety Commission.The recall includes Office Depot Gibson leather task chairs sold in the company’s retail stores and online from 2003 to 2012 for about $40 each. Office Depot Inc (NYSE:ODP) shares moved up -0.19% in last trading session and was closed at $5.12, while trading in range of $5.01 – $5.23. Office Depot Inc (NYSE:ODP) year to date (YTD) performance is -3.21%.
On May 21, 2014, Five Below Inc (NASDAQ:FIVE) announced that its financial results for the first quarter of fiscal 2014 will be released after market close on Wednesday, June 4, 2014. The company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. Five Below Inc (NASDAQ:FIVE) ended the last trading day at $36.21. Company weekly volatility is calculated as 3.10% and price to cash ratio as 39.15. Five Below Inc (NASDAQ:FIVE) showed a negative weekly performance of -0.79%.
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. One such company that might be well-positioned for future earnings growth is Michael Kors Holdings Ltd (NYSE:KORS). This firm, which is in the textile-apparel industry saw EPS growth of 63.5% last year, and is looking great for this year too. Michael Kors Holdings Ltd (NYSE:KORS) ended the last trading day at $94.38. Company weekly volatility is calculated as 4.42% and price to cash ratio as 20.19. Michael Kors Holdings Ltd (NYSE:KORS) showed a positive/negative weekly performance of 0.77%.
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