Branded apparel retailer Guess (GES) disclosed lower-than-expected results for the second quarter due to a weak retail environment in North America, slow store traffic, and promotional activity. However, its results were more than offset by the tremendous growth of 48% in its e-commerce business that continues to gain momentum, compensating for the slow traffic in stores.
Results and guidance
The shoes, clothing and accessory retailer posted revenue of $608.6 million, a decrease of about 4.8% year over year. Its net income for the second quarter plunged 50% to $22 million year over year. However, the earnings came in line with its guidance of $0.26 per share for the quarter.
Looking ahead, the company released a soft guidance for revenue and earnings. It now expects revenue in the range of $590-600 million and earnings to fall in between $0.15 per share and $0.20 per share for the third quarter. The consensus estimated earnings of $0.37 per share on the revenue of $613 million. Guess has also lowered its outlook for the full year, and earnings are expected to be in the range of $1.05 per share to $1.20 per share. This soft guidance followed by soft results for the second quarter has led the stock to dip approximately 7.96% to $23.60 in afterhours trading.
Top 10 Electric Utility Stocks To Invest In Right Now: Kraton Performance Polymers Inc (KRA)
Kraton Performance Polymers, Inc. engages in the production of styrenic block copolymers (SBCs) and other engineered polymers worldwide. The company offers highly-engineered synthetic elastomers that enhance the performance of various end use products by imparting flexibility, resilience, strength, durability, and processability. It also provides isoprene rubber products for use in the production of medical products, adhesives, tackifiers, paints, coatings, and photo-resistors; and isoprene rubber latex, a substitute for natural rubber latex that are used in surgical gloves and condoms. In addition, the company is involved in the development and commercialization of polyvinyl chloride alternatives for wire, cable, and medical applications; polymers for use in slush molding; and membrane polymers for use in water filtration and breathable fabrics. Further, it offers core commercial grades of SBCs; unhydrogenated SBCs, which are primarily used in paving and roofing, adhesive s, and sealants and coatings, as well as footwear applications; hydrogenated SBCs, which are used in soft touch and flexible materials, personal hygiene products, and automotive components; and compounds, other polymers, resins, oils, or fillers that are used in various consumer and industrial applications. Kraton Performance Polymers, Inc. markets its products through various channels, including direct sales force, marketing representatives, and distributors under the Kraton, Cariflex, and Nexar brand names. The company was formerly known as Polymer Holdings LLC and changed its name to Kraton Performance Polymers, Inc. in December 2009. Kraton Performance Polymers, Inc. is headquartered in Houston, Texas.
Advisors' Opinion:- [By Bryan Murphy]
The whole thing may seem a little "out there" at first glance, but truth be told, what Metabolix, Inc. does isn't terribly unusual anymore. It's just a little less sexy than what traders and stock speculators usually want to see and hear with their picks. Kraton Performance Polymers Inc. (NYSE:KRA) and the now-bankrupt Cereplast Inc. (OTCMKTS:CERPQ) are/were in the same business, along with several others. [Don't let the Cereplast bankruptcy filing deter you - it wasn't a lack of opportunity that up-ended CERP.]
- [By Garrett Cook]
Basic materials sector was the top loser in the US market on Tuesday. Top decliners in the sector included Kraton Performance Polymers (NYSE: KRA), Molycorp (NYSE: MCP), and AuRico Gold (NYSE: AUQ).
Top Industrial Disributor Stocks To Buy For 2015: Dynamic Materials Corporation(BOOM)
Dynamic Materials Corporation, together with its subsidiaries, provides explosion-welded clad metal plates, oil field perforating equipment and explosives, and welding services worldwide. It operates in three segments: Explosive Metalworking, Oilfield Products, and AMK Welding. The Explosive Metalworking segment primarily manufactures explosion-welded clad metal plates that are used in the construction of heavy and corrosion resistant pressure vessels, and heat exchangers for oil and gas, alternative energy, chemical and petrochemical, hydrometallurgy, aluminum production, shipbuilding, power generation, and industrial refrigeration industries. This segment sells its products through senior management, direct sales personnel, program managers, and independent sales representatives. The Oilfield Products segment engages in the manufacture, marketing, and sale of perforating explosives and associated hardware, as well as seismic explosives for the oil and gas industry. Its p roducts include shaped charges, detonators, detonating cords, bidirectional boosters, and perforating guns for the perforation of oil and gas wells. This segment offers its products through direct selling, licensed distributors, independent sales representatives, and international distribution centers. The AMK Welding segment provides welding, heat treatment, and inspection services primarily to power turbine manufacturers, and commercial and military aircraft engine manufacturers. The company was formerly known as Explosive Fabricators, Inc. and changed its name to Dynamic Materials Corporation in 1994. Dynamic Materials Corporation was founded in 1965 and is headquartered in Boulder, Colorado.
Advisors' Opinion:- [By Chris Hill]
In this installment of Motley Fool Money, our analysts talk about why they're watching Dynamic Materials (NASDAQ: BOOM ) , Gentex (NASDAQ: GNTX ) , and Western Union (NYSE: WU ) .
Top Industrial Disributor Stocks To Buy For 2015: Equal Energy Ltd (EQU)
Equal Energy Ltd. (Equal), incorporated on April 8, 2010, is an exploration and production company with oil and gas properties located principally in Alberta, and Oklahoma. Equal is engaged in the exploration for, and acquisition, development and production of, petroleum and natural gas with operations in western Canada and Oklahoma. During the year ended December 31, 2011, production averaged 10,142 barrel of oil equivalent per day and was consisted of approximately 47% natural gas, 23% crude oil and 30% natural gas liquids (NGLs). Equal Energy Production Partnership (EEPP) holds all of Equal�� Canadian oil and gas properties and associated assets. Equal and Equal Energy Partner Corp. (EEPC) are the partners in EEPP and respectively hold a 99.9957% and 0.0043% interest in EEPP. Equal Energy US Holdings Inc. (EEUSHI) is an indirect, wholly owned subsidiary of Equal. EEUSHI holds all of Equal�� Oklahoma oil and gas properties and associated assets through its wholly owned subsidiary, Equal Energy US Inc. On January 31, 2012, it sold Primate. During 2011, it sold non-core assets in Alberta and British Columbia. On October 15, 2012, it sold the Halkirk/Alliance/Wainwright/Clair Assets (HAWC) and all remaining Canadian non-producing assets. Effective October 1, 2012, the Company sold its Lochend Cardium assets.
The Company�� production comes from both its Canadian and United States based operations. The Canadian core areas lie in western Canada and include assets primarily in the province of Alberta. The United States area assets are located mainly in the Grant, Jefferson, Lincoln and Logan counties of Oklahoma. It also has an inventory of minor producing assets, minor royalty interests and various exploration and exploitation prospects on undeveloped lands in Alberta, Saskatchewan and Oklahoma.
Alberta
The Company�� assets include a 100% working interest in 7,360 gross (4,260 net) acres of land (1,220 net undeveloped acres), 16 producing wells, six water inj! ection wells, and a interest in an oil blending facility. Natural gas is conserved and processed at the Encana Sexsmith gas plant. Oil is delivered into the Pembina Peace Pipeline System. Oil and natural gas production is primarily from the Doe Creek (Dunvegan) formation. There is also natural gas production from one Charlie Lake well. As of December 31, 2011, average working interest production was 227 barrel per day of oil and 316 million cubic feet per day of natural gas.
Lochend is located approximately 20 kilometers northwest of Calgary. At Lochend, the Company holds 8,653 gross (7,996 net) acres of land with 5,970 net undeveloped acres, and 11 producing wells. Oil is produced into single or multi-well batteries and trucked to terminal facilities. Half of the solution gas is conserved at the TriOil Shiningbank gas plant by the third quarter majority of the gas should be conserved. Oil and natural gas production is from the Cardium formation. As of December 31, 2011, average working interest production was 330 barrel per day of oil and 69 thousand cubic feet per day of gas. The McDaniel Report has assigned total proved plus probable reserves of 1,621 thousand barrels of crude oil, 2.6 billion cubic feet of natural gas, and 64.8 thousand barrels of NGL to the Lochend property.
Oklahoma
In Oklahoma the principal producing horizon is the Hunton formation. The Hunton is a carbonate rock formation. As of December 31, 2011, average Hunton production in Oklahoma was 29.9 million cubic feet of natural gas per day of natural gas and 3,862 barrels of oil per day of crude oil and NGLs. The Haas Report has attributed total proved and probable reserves of 499 thousand barrels of crude oil, and 108 billion cubic feet of natural gas and 13,931 thousand barrels of NGLs to the Hunton.
Advisors' Opinion:- [By Jake L'Ecuyer]
Leading and Lagging Sectors
In trading on Friday, energy shares were relative leaders, up on the day by about 0.06 percent. Among the leading sector stocks, gains came from Equal Energy (NYSE: EQU) and Niska Gas Storage Partners LLC (NYSE: NKA). Financial sector was the leading decliner in the US market today.
Top Industrial Disributor Stocks To Buy For 2015: FTD Companies Inc (FTD)
FTD Companies, Inc. (FTD), incorporated on April 25, 2008, is a floral and gifting company. The Company provides floral, gift and related products and services to consumers and retail florists, as well as to other retail locations offering floral and gift products primarily in the United States, Canada, the United Kingdom, and the Republic of Ireland. The Company operates in one segment, which includes floral and related products and services. Its business uses the FTD and Interflora brands, both supported by the Mercury Man logo. The Company�� portfolio of brands also includes Flying Flowers, Flowers Direct, and Drake Algar in the United Kingdom. On November 1, 2013, United Online, Inc. (United Online) completed the separation of United Online into two independent, publicly traded companies: FTD Companies, Inc. and United Online, Inc.
The Company�� products revenues are derived primarily from selling floral, gift and related products to consumers and the related shipping and service fees. Products revenues also include revenues generated from sales of hard goods, software and hardware systems, cut flowers, packaging and promotional products, and a range of other floral-related supplies to floral network members. Its services revenues related to orders sent through the floral network are variable based on either the number of orders or on the value of orders and are recognized in the period in which the orders.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
BlueOrange Studio/Shutterstock One day out of 365, we pay homage to our sainted mothers. Those of us who are members of this long-suffering, uncomplaining, self-sacrificing class may get some soggy French toast in bed, (don't worry, kids; mom will clean up the kitchen), a chance to read in peace, or perhaps time to indulge in a long, hot bath. Bringing Home the Bacon If you really want to pay back mom for all she's done, get ready to pony up big. A card and some carnations (the official flower of Mother's Day, who knew?) just won't cut it. The cost of replacing mom as nurturer, nurse, cleaner and cook -- according to Insure.com's 2014 Mother's Day salary index -- would run you $62,985 a year, up from $59,862 in 2013. Breaking down the price of having someone else handle her various duties: Cooking and cleaning, $12,230 Child care, $21,736 Homework help, $7,290 Chauffeur, $5,672 Shopping, yard work, party and activity planning, finances, etc., $15,019 And my personal favorite, finding out what the kids are up to (paid in the equivalent value of a private detective), $1,036. Salary.com placed a higher value on moms in its 2014 Mother's Day salary survey, concluding that stay-at-home moms were worth $118,905 and working moms worth $70,107 (this does not include any paid salary from their job), with both groups putting more than 56 hours of overtime at home. These numbers are all up from last year's survey. Cooking It Up in a Pan Mom helps to pay for other things, too. Thanks to the Department of Agriculture, you can see what it costs to raise a child in the U.S. to 18. As of August 2013, the average cost is $241,080. This does not cover college, and hopefully dear old dad is contributing. In 2012, there were 10.3 million single U.S. mothers with children under 18, and one-third of women who gave birth in 2012 were single moms. By becoming moms, women give up time to do other things, what economists call an "opportunity cost." Particularly if your mother st
- [By John Udovich]
As we head towards Black Friday, small cap specialty retail stocks United Online, Inc (NASDAQ: UNTD), TravelCenters of America LLC (NYSE: TA) and MarineMax, Inc (NYSE: HZO) have the distinction of being the best performing small cap�specialty retail stocks for this year (according to Finviz.com) with gains of 181.2%, 123.8% and 71.8%, respectively. With those returns in mind, what are these small cap specialty retail stocks doing right and will the performance last through the all important holiday season? Here is what new and existing investors and traders alike need to know or consider:
United Online, Inc.�A provider of consumer products and services over the Internet, United Online�� Content & Media segment services are online nostalgia (Memory Lane) and online loyalty marketing (MyPoints) while its�primary Communications segment services are Internet access and email (NetZero and Juno). The reason United Online is among the�best performing specialty retail stocks for this year in various stock screening tools like Finviz.com�is actually misleading as the company has just completed the spin off�of subsidiary FTD Companies, a floral and gifts products company acquired in August 2008 for $441 million, as�FTD Companies Inc (NASDAQ: FTD) where United Online shareholders received one share of FTD common stock for every five shares of United Online common stock they hold. In addition, United Online completed�a�one-for-seven reverse stock split of United Online shares.�On Tuesday, small cap United Online, Inc fell 1.01% to $15.72 (UNTD has a 52 week trading range of $11.65 to $62.30 a share) for a market cap of $207.79 million plus the stock is up 181.2% since the start of the year and up 182.2% over the past five years. Meanwhile, the FTD Companies Inc�now has a�market cap of $611.60 and the stock is up almost 6% since October.
Top Industrial Disributor Stocks To Buy For 2015: Unifirst Corporation(UNF)
UniFirst Corporation, together with its subsidiaries, provides workplace uniforms and protective work wear clothing in the United States, Canada, and Europe. The company designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments. It also rents industrial wiping products, floor mats, facility service products, and restroom supplies comprising air fresheners, paper products, and hand soaps, as well as other non-garment items. In addition, the company provides first aid cabinet services and other safety supplies; decontaminates and cleans work clothes that may have been exposed to radioactive materials; and services special clean room protective wear. Further, it offers a range of garment service options, including full-service rental programs in which garment s are cleaned and serviced; lease programs in which garments are cleaned and maintained by individual employees; and purchase programs to buy garments and related items directly. The company serves automobile service centers and dealers, delivery services, food and general merchandise retailers, food processors and service operations, light manufacturers, maintenance facilities, restaurants, service companies, soft and durable goods wholesalers, transportation companies, and others who require employee clothing for image, identification, protection, or utility purposes, as well as government agencies, research and development laboratories, high technology companies, and utilities operating nuclear reactors. The UniFirst Corporation was founded in 1936 and is based in Wilmington, Massachusetts.
Advisors' Opinion:- [By Monica Gerson]
UniFirst (NYSE: UNF) is estimated to report its Q3 earnings at $1.42 per share on revenue of $349.24 million.
SYNNEX (NYSE: SNX) is expected to post its Q2 earnings at $1.36 per share on revenue of $3.17 billion.
- [By Laura Brodbeck]
Next week, investors will be waiting for several key earnings reports including Paychex (NASDAQ: PAYX), Constellation Brands (NYSE: STZ) and Unifirst (NYSE: UNF)
Top Industrial Disributor Stocks To Buy For 2015: Arthur J. Gallagher & Co. (AJG)
Arthur J. Gallagher & Co. (Gallagher), along with its subsidiaries, provides insurance brokerage and third-party claims settlement, and administration services to entities in the United States and abroad. It operates in three segments: brokerage, risk management and corporate. The Brokerage segment primarily consists of retail and wholesale insurance brokerage operations. The Company�� risk management segment provides contract claim settlement and administration services for enterprises that choose to self-insure some or all of their property/casualty coverages and for insurance companies that choose to outsource some or all of their property/casualty claims departments. Majority of its international brokerage operations are in Australia, Bermuda, Canada and the United Kingdom. Its international risk management operations are principally in Australia, Canada, New Zealand and the United Kingdom. The Company operates in Australia and Canada primarily as a retail commercial property and casualty broker. In December 2013, the Company announced that it has completed the acquisition of Barmore Insurance Agency, Inc. In December 2013, Arthur J. Gallagher & Co. acquired McIntyre Risk Management, LLC. In December 2013, the Company acquired Cleaveland Insurance Group and Jenkins and Associates. Effective December 26, 2013, Arthur J Gallagher & Co acquired Rock Island-based Cleaveland Insurance Group. In February 2014, Arthur J. Gallagher & Co acquired Benefit Development Group of Selma, Alabama. In February 2014, Arthur J. Gallagher & Co announced the acquisition of Kent, Kent & Tingle in Shreveport, Louisiana.
Brokerage Segment
The Company�� retail brokerage operations negotiate and place property/casualty, employer-provided health and welfare insurance and retirement solutions principally for middle-market commercial, industrial, public entity, religious and not-for-profit entities. Many of the Company�� retail brokerage customers choose to place their insurance with insurance ! underwriters, while others choose to use alternative vehicles, such as self-insurance pools, risk retention groups or captive insurance companies. Its wholesale brokerage operations assist its brokers and other unaffiliated brokers and agents in the placement of specialized, and hard-to-place insurance programs.
The Company�� primary sources of compensation for its retail brokerage services are commissions paid by insurance carriers. It operates its brokerage operations through a network of more than 300 sales and service offices located throughout the United States and in 16 other countries. In addition, the Company offers client-service capabilities in more than 110 countries worldwide through a network of correspondent brokers and consultants. The Company�� retail brokerage operations place all lines of commercial property/casualty and health and welfare insurance coverage. Its retail brokerage operations are organized in more than 190 geographical centers located in the United States, Australia, Canada and the United Kingdom and operate within certain key niche/practice groups, which account for approximately 67% of its retail brokerage revenues.
During the year ended December 31, 2011, the Company�� wholesale insurance brokerage operations accounted for 22% of its brokerage segment revenues. Its wholesale brokers assist its retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance. These brokers operate through over 65 geographical centers located across the United States, Bermuda and through its approved Lloyd�� of London brokerage operation. In certain cases, it acts as a brokerage wholesaler, and in other cases, it acts as a managing general agent or managing general underwriter distributing specialized insurance coverages for insurance carriers. Over 75% of the Company�� wholesale brokerage revenues come from non-affiliated brokerage customers.
Risk Management Segment
The Company�� ! risk mana! gement segment provides contract claim settlement and administration services for enterprises that choose to self-insure some or all of their property/casualty coverages and for insurance companies that choose to outsource some or all of their property/casualty claims departments. During 2011, approximately 67% of its risk management segment�� revenues were from workers compensation related claims, 26% were from general and commercial auto liability related claims and 7% were from property related claims. In addition, it generate revenues from integrated disability management (employee absence management) programs, information services, risk control consulting (loss control) services and appraisal services, either individually or in combination with arising claims. The Company manages its third-party claims adjusting operations through a network of approximately 110 offices located throughout the United States, Australia, Canada, New Zealand and the United Kingdom.
The Company competes with Aon Corporation, Marsh & McLennan Companies, Inc., Willis Group Holdings, Ltd., Wells Fargo Insurance Services, Inc., Brown & Brown Inc., Hub International Ltd., Lockton Companies, Inc., USI Holdings Corporation, Aon Hewitt, Towers Watson & Co., Crump Group, Inc., CRC Insurance Services, Inc., RT Specialty, AmWINS Group, Inc., Swett & Crawford Group, Inc., Sedgwick Claims Management Services, Inc., Crawford & Company, ACE Limited, AIG Insurance and Zurich Insurance.
Advisors' Opinion:- [By Marc Bastow]
Insurance brokerage and third-party claims settlement claims company Arthur J. Gallagher (AJG) raised its quarterly dividend 3% to 36 cents per share, payable on Mar. 20 to shareholders of record as of Mar. 4.
AJG Dividend Yield: 3.00%
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