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Market Update

Ann, Ulta Salon, Vail Resorts Climb; Aeropostale, Zumiez Decline


Author: Mukesh Buch
ticker.com
Last Update: 12:31 PM ET March 13 2015

12:00 PM New York – Aeropostale net loss narrowed after sales plunged 11%. Buckle profit rose 1%. Hibbett Sports net surged 18% on revenue increase of 10%. Ulta Salon net soared 24% and net sales climbed 21%. Vail Resorts net surged 95%. Zumiez profit tumbled 35% but sales climbed 14%.

Tollbooth Index slipped 0.9% or 95 to 10,511.76.

Earnings Review

Ann Inc (ANN) surged 7.4% or $2.75 to $40.18 after the women’s apparel, shoes and accessories retailer said total net sales in the fourth-quarter ending in January jumped 3.9% to $647.4 million form a year ago period.

Comparable store sales in the quarter increased 1%.

Net income in the quarter jumped 8.3% to $0.3 million or 1 cent per diluted share compared to $4.7 million or 10 cents from the same quarter last year.

Aeropostale Inc (ARO) tumbled 14.5% or 54 cents to $3.16 after the apparel and accessories retailer stated net sales in the fourth-quarter ending in January plunged 11% to $593.8 million form a year ago period.

Comparable store sales in the quarter declined 9%.

Net loss in the quarter narrowed to $13.5 million or 17 cents per diluted share compared to $70.3 million or 90 cents from the same quarter last year.

Buckle Inc (BKE) fell 43 cents to $48.35 after the casual apparel, footwear, and accessories retailer reported net sales in the fourth-quarter ending in January climbed 4.3% to $353.5 million form a year ago period.

Comparable store sales in the quarter rose 1.1%.

Net income in the quarter increased 1.3% to $60.1 million or $1.25 per diluted share compared to $59.3 million or $1.23 from the same quarter last year.

Hibbett Sports, Inc (HIBB) gained 1.1% or 58 cents to $52.91 after the sporting goods retailer reported net sales in the fourth-quarter ending in January soared 9.9% to $239.3 million form a year ago period.

Comparable store sales in the quarter climbed 5.4%.

Net income in the quarter surged 18.1% to $19.9 million or 79 cents per diluted share compared to $16.9 million or 64 cents from the same quarter last year.

Ulta Salon, Cosmetics & Fragrance, Inc (ULTA) climbed 3.6% or $5.28 to $150.16 after the beauty products retailer reported net sales in the fourth-quarter ending in January surged 20.7% to $1.05 billion form a year ago period.

Comparable store sales in the quarter soared 11.1%.

Net income in the quarter advanced 23.5% to $87.3 million or $1.35 per diluted share compared to $70.7 million or $1.09 from the same quarter last year.

Vail Resorts, Inc (MTN) jumped 2.6% or $2.41 to $95.68 after the ski resort operator stated total net revenues in the second-quarter ending in January climbed 17.1% to $530.2 million form a year ago period.

Net income in the quarter surged 95.3% to $115.8 million or $3.10 per diluted share compared to $59.2 million or $1.60 from the same quarter last year.

Zumiez Inc (ZUMZ) plunged 4.9% or $196 to $38 after the specialty retailer said total net sales in the fourth-quarter ending in January climbed 14% to $258.6 million form a year ago period.

Comparable store sales in the quarter jumped 8.3%.

Net income in the quarter tumbled 34.8% to $17.5 million or 60 cents per diluted share compared to $26.9 million or 89 cents from the same quarter last year.

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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc