Raw Data Report: Santa Fe Cattle Co., Kohl's, Abercrombie & Fitch, Under Armour

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Includes: ANF, DKS, KSS, SFHD, UAA
by: TickerMine

Each day, Wall Street is flooded with stock research offering a multitude of conflicting investment opinions. As such, TickerMine is not in the business of providing more opinions. We believe that accurate raw data points can be used to gain insight in to the stock selection and valuation process.

Warming Up on Sante Fe Cattle Co. (SFHD)

We have completed our first small survey of a growing restaurant concept called Santa Fe Cattle Co. The casual burgers, steaks and ribs restaurant has roughly 30 locations across the midwest and south. We found that average wait times at a Santa Fe Cattle Co. location (as measured across lunch and dinner times) was approximately 15 minutes. The longest wait for a table of 4 (the question we asked) was one hour during the dinner hours at the Shelbyville, Indiana location. Over half the locations surveyed reported no wait times, while the remaining locations reported long wait times between 30 and 60 minutes. In addition to Shelbyville we found the Bowling Green, KY location to be quite busy as well. We found that over 50% of respondents reported that steaks were the most popular item while 15% cited burgers and the remainder ranged from quesadillas to salmon. This first survey creates a benchmark in our research as we grow our comprehensive restaurant coverage.

Half of Kohl's (NYSE:KSS) Stores Report Having Excess Inventory

TickerMine profiled Kohl's Corporation this week in advance of the company reporting earnings for the holiday season. Our researchers consulted 34 stores around the country and asked several questions regarding the stores' performance. We found that 65% reported business was either very strong or above average this year compared with a year ago and 30% indicated it was about average with last year. While 50% reported having excess inventory that was going on sale soon, the same amount reported having no excess inventory.

Over 44% indicated that the weak housing market and economy have hurt the store's business but another 38% indicated that the economy will not impact sales very much. Simply Vera, the line by A-list designer Vera Wang, is the bestselling woman's clothing brand according to 18% of those interviewed and another 12% indicated Chaps was a hot item. The Daisy Fuentes and Elle brands were cited by 9% of stores as very popular women's items.

Abercrombie (NYSE:ANF) Stores Appear to Be Fully Stocked, Less Busy Than Last Year

We recently conducted a survey of Abercrombie & Fitch stores across the U.S. This survey was not commissioned or authorized by the company (a note we are adding since some people are confused by the concept of "independent" information gathering.). We found that 55% of stores reported they were "less busy" than a year ago. 24% reported having "the same" level of business while 18% reported being "busier", and 3% of respondents did not know how business compared to the previous year. 97% of respondents reported having enough stock of product in their stores. 76% reported that it would not be a problem to keep the top selling items in stock during this winter season. The top selling items were reported to be sweaters (Victoria) according to 18% of respondents, Fleece according to 9%, Collette Jeans (9%) and outerwear (Terri Jackets) 9%. Every store we surveyed had been open more than one year.

Dick's (NYSE:DKS) Stores See Under Armour (NYSE:UA) Slowdown Driven By Economy, Not Competition

We recently conducted a survey of Dick's Sporting Goods stores to get a sense for sales activity on Under Armour products post-holiday season. While the companies have already reported negative outlooks for 4Q, we wanted to investigate causes of UA's slowdown (competition, prices, overall economy). We found that most respondents, 58%, believed that the overall economy had slowed sales of UA's products. 37% believed that UA's prices contributed to slower sales while 5% were unsure about the cause. 47% of respondents did say that demand for UA products were slowing and that UA products were being discounted. 21% respondents said that there was no discounting or sales on UA gear, while 32% of all respondents said that UA was being discounted as part of normal store wide clearance sales.