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New York & Company crushed after outlet format disappoints

May 20, 2016 9:54 AM ETRTW Retailwinds, Inc. (RTW) StockRTWBy: Clark Schultz, SA News Editor3 Comments
  • New York & Company (NWY) is down 36% in early trading to an all-time low as investors lose confidence a turnaround can be pulled off.
  • During the earnings call, NWY management noted that the performance on stores converted to the outlet format fell short of targets.
  • The company plans to take a more aggressive approach to omni-channel.
  • NWY earnings call transcript
  • Previously: New York & Company in tatters after weak Q1 (May 20)

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