Abercrombie, Williams-Sonoma are big market movers
- Associated Press
- August 28, 2014 - 4:01 PM
NEW YORK — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
Abercrombie & Fitch Co., down $2.13 to $41.87
The retailer reported weak sales as more teens shop elsewhere. It plans to stock trendier clothing without the Abercrombie logo.
Guess Inc., down $2.26 to $23.38
The jeans wear company reported a 45 percent decline in second-quarter earnings and issued a disappointing profit outlook.
Dollar General Corp., up 50 cents to $64.20
The discount retailer said it still wants to buy rival Family Dollar, even though its nearly $9 billion offer was rejected last week.
Williams-Sonoma Inc., down $8.96 to $65.93
The seller of cookware and home furnishings, which also owns Pottery Barn and West Elm stores, issued a weak profit outlook.
Movado Group Inc., down $1.72 to $37.07
Shares of the watch maker continued to fall after the company reported disappointing results earlier in the week.
Signet Jewelers Ltd., up $8.34 to $116.37
The company behind jewelry stores Zales and Kay Jewelers said sales rose in its second quarter compared with a year ago.
Cott Corp., up 20 cents to $7.49
A Stifel analyst raised the investment rating on the beverage maker's stock to a "Buy," citing its improving revenue outlook.
Gordmans Stores Inc., down 37 cents to $3.59
The department store operator reported disappointing sales as it marked down its merchandise to get sell its older products.
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