ALCO Stores, Inc.NASDAQ
Oct. 14, 2014, 9:15 AM
Oct. 13, 2014, 12:46 PM
Oct. 13, 2014, 9:15 AM
Oct. 13, 2014, 8:23 AM
Oct. 7, 2014, 3:55 PM
- Who's left to sell? Heartland Advisors discloses it's liquidated its stake in Alco Stores (ALCS -2.6%). Heartland at one point had more than 10% ownership in the retail chain.
- Last month, Michael Price unloaded his stake in Alco.
- It was roughly one year ago, Alco rejected a $14 per share buyout offer. It's trading at $1.88 today.
Sep. 26, 2014, 12:45 PM
Sep. 25, 2014, 12:45 PM
Sep. 24, 2014, 9:20 AM
Sep. 24, 2014, 7:05 AM
- A favorite of deep value investors for some time, Alco Stores (NASDAQ:ALCS) plunged 49.15% yesterday to $2.98 following an ugly earnings report, and as Michael Price disclosed he's exited his stake in the company.
- The company last October rejected a $14 per share buyout offer.
- The stock's higher by 1.7% in premarket action.
Sep. 23, 2014, 12:45 PM
Sep. 22, 2014, 4:17 PM
- Alco Stores (NASDAQ:ALCS): FQ2 Net loss of $7M. (continuing operations)
- Revenue of $110.7M (-5.9% Y/Y).
Jun. 18, 2014, 4:21 PM
- ALCO Stores (ALCS): Q1 EPS of -$1.48
- Revenue of $104.7M (-4.1% Y/Y)
May 5, 2014, 6:45 PM
- ALCO Stores (ALCS): FQ4 EPS of -$2.65.
- Revenue of $130.9M (-8.9% Y/Y).
Jan. 9, 2014, 7:58 AM
- The dollar store group and related discounters could feel pressure today after Family Dollar chops down its forecast for 2014 profits considerably.
- While Family Dollar had tobacco and food sales to provide some support, companies relying on a higher mix of apparel and merchandise are at risk.
- Retail analysts note that Family Dollar has a tendency to aim too high with its guidance, so the carnage in the sector could be spotty with some companies already leaning to the conservative side.
- On watch: DG, DLTR, FIVE, BIG, GMAN, SMRT, ALCS, ROST.
Dec. 18, 2013, 8:37 AM
- ALCO Stores (ALCS): Q3 EPS of -$4.93, including charges.
- Revenue of $106.66M. (PR)
Dec. 5, 2013, 10:59 AM
- More retail analysts now see holiday season sales coming in weak after early projections from the NRF and ShopperTrak called for a 3% to 4% rise. A number of firms agree with Hedgeye that the level of promotional activity will be very damaging when Q4 reports start rolling in.
- Despite the broad carnage in the retail sector, there are some out-performers.
- Discounters: Dollar General's increase in traffic and average basket size - along with a decent quarter from Stein Mart - could be confirming indicators that consumers are stepping down a bit with their shopping habits. Watch FDO, DLTR, FIVE, FRED, ALCS, GMAN, SMRT.
- Luxury: Tiffany (TIF +0.5%), Coach (COH -1.2%), and Ralph Lauren (RL -0.4%) are cruising through the retail season with demand and pricing intact.
- Powerful brands: Early channel checks on Lululemon (LULU -0.4%), Nike (NKE +0.1%), and Gap (GPS -1.2%) have been positive as consumers gravitate to what they know and like.
- E-commerce stars: Visa (V -0.4%), MasterCard (MA +0.4%), eBay (EBAY +0.2%), Amazon (AMZN -0.8%), Dick's Sporting Goods (DKS +0.3%), and Under Armour (UA +1.2%) are some of the companies tapped to benefit as mobile/online is factored in to counterbalance reads on weak store traffic.
- Underdogs: J.C. Penney (JCP -7.6%) is a $20 stock, according to Hedgeye. The retailer has upside to improve its embarrassingly low sales-per-square-foot mark during the holiday season and continue online momentum.