Liz Claiborne
New York symbol LIZ, designs a wide variety of clothing and accessories for men and women. It sells its products mainly through department stores, as well as its own retail stores.
LIZ CLAIBORNE INC. $6.38 (New York symbol LIZ; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 94.5 million; Market cap: $602.9 million; Price-to-sales ratio: 0.2; No dividends paid since December 2008; WSSF Rating: Extra Risk) designs and sells clothing and accessories for men and women. Its top brands include Liz Claiborne, Juicy Couture and Kate Spade.
Liz Claiborne continues to cut …read more »
Clothing sales are rising as the economy continues to recover. However, fashion trends are fickle, and consumers are often quick to switch brands.
The six clothing designers and sellers we analyze below own some of the top brand names in the industry. That will help them keep increasing their sales. As well, all six cut costs during the recession. That will …read more »
LIZ CLAIBORNE INC. $2.84 (New York symbol LIZ; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 94.7 million; Market cap: $268.9 million; Price-to-sales ratio: 0.1; WSSF Rating: Extra Risk) designs and sells clothing and accessories for men and women under about 20 different brands, including Juicy Couture, Kate Spade, Lucky Brand and Mexx. It mainly sells its products through department stores, …read more »
Slowing retail sales and weak consumer confidence have hurt most consumer stocks. Clothing is largely a discretionary purchase, so the downturn has been particularly hard on these three apparel-related companies. Based on the steep drop in their stock prices, it appears that investors feel they will not survive.
We have a more optimistic view. All three are lowering their operating costs …read more »
LIZ CLAIBORNE INC. $15 (New York symbol LIZ, Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 94.8 million; Market cap: $1.4 billion; WSSF Rating: Average) designs a wide variety of clothing and accessories for men and women. It sells its products mainly through department stores, as well as its own retail stores.
The company now plans to sell or discontinue 16 of …read more »
The slowing economy has hurt sales of new clothing. This has in turn hurt earnings at these three apparel- focused companies.
However, all three are aggressively cutting their costs, which will help them stay profitable during this slump. Lower costs will also help them quickly expand earnings as the economy rebounds. We still see all of them as buys for long-term …read more »
APACHE CORP. $114 (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 332.9 million; Market cap: $38.0 billion; WSSF Rating: Average) will pay a special dividend of $0.10 a share on March 18, 2008. Apache will also continue to pay its regular quarterly dividend of $0.15 a share, for a yield of 0.5%.
Apache is a hold.
INVACARE CORP. $25 …read more »
LIMITED BRANDS INC. $18 (New York symbol LTD; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 353.1 million; Market cap: $6.4 billion; WSSF Rating: Average) operates two retail chains: Victoria’s Secret (lingerie) and Bath & Body Works (personal care products).
In the past few months, the company has sold 75% of the Limited and Express casual clothing chains as part of its …read more »
LIZ CLAIBORNE INC. $21 (New York symbol LIZ; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 99.5 million; Market cap: $2.1 billion; WSSF Rating: Average) designs a wide variety of clothing and accessories for men and women. It sells most of its products though department stores.
Liz Claiborne recently sold four of the roughly 40 brands it owns. It also merged two …read more »
These three apparel makers have moved down lately, as warmer-than-usual fall weather hurt sales of winter clothing. Cautious consumer spending in the face of rising gas prices and a slowing housing market have also hurt sales. However, all three are doing a good job selling less-profitable businesses and cutting costs. These moves will enhance their long-term profitability. All three are …read more »
