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RUE

Rue21 Inc

5/25/2013, 6:30 AM ET

Quote & Headlines Market Currents StockTalk

All
| Earnings
| Dividends
| M&A
| On the move

Thursday, May 23, 12:45 PM Midday top 10 gainers: ESMC +52%. HIHO +43%. CNIT +23%. RUE +23%. GAME +16%. HPQ +14%. JRJC +13%. PTIX +13%. HSOL +13%. CHYR +13%.
Midday top 10 Losers: RVM -22%. APRI -21%. CRUS -17%. BOSC -15%. NSPR -15%. MTEX -12%. SHIP -11%. IX -10%. EDMC -10%. AERL -10%. 1 Comment [On the Move]
Thursday, May 23, 9:52 AM Rue21 (RUE +22.7%) trades just a shade under its buyout offer of $42 as the potential for competing bids keeps interest high. Of its retail peers, Zumiez (ZUMZ +0.7%) seems to be getting the biggest lift from the M&A buzz in the sector. Comment! [Consumer, On the Move]
Thursday, May 23, 9:12 AM Premarket gainers: RUE +24%. PSUN +11%. HPQ +10%. VVTV +7%.
Losers: STP -12%. CLNT -11%. NMR -9%. JRCC -9%. MTU -8%. SAAS -8%. DRYS -8%. SOL -8%. SMFG -7%. NBG -7%. SNE -6%. TSL -6%. RSOL -6%. WETF -5%. Comment! [On the Move]
Thursday, May 23, 8:45 AM More on Rue21 (RUE): An initial 40-day "go-shop" period process will start today during which the retailer can try to reel in another bid. A low termination fee of ~$10M makes this a feasible option. If Apax Partners lands Rue21 it will have its work cut out for it after the company reported a tough comparable store sales decline of 4.6% for Q1. (PR) Comment! [Consumer, M&A]
Thursday, May 23, 8:38 AM Apax Partners acquires Rue21 (RUE) for $42 per share. The deal price is a 23% premium over the retailer's closing price from yesterday. Comment! [M&A, Consumer]
Thursday, May 2, 11:15 AM Rue 21 (RUE +1.1%) is an under-the-radar retail growth story as it went from 193 stores in 2005 to 912 today. The company isn't done yet, with plans mapped out to have over 1,700 locations in the long-term. The buzz from analysts is that the Rue21 is also attracting attention from P-E firms. Comment! [Consumer]
Monday, April 22, 11:33 AM It smells like teen spending, according to data from a Piper Jaffray survey. Improvements in both current fashion spending by teenagers and an intention to spend more in the future cuts across income levels and genders. If the spending upturn pans out, it's good news for the sector. Teen-focused: Aeropostale (ARO -2.8%), Rue 21 (RUE -2.1%), Zumiez (ZUMZ -1.8%), Wet Seal (WTSLA -2.6%), Vera Bradley (VRA -0.9%), Body Central (BODY -1.5%), Buckle (BKE -1.7%), American Eagle Outfitter (AEO -0.2%), Abercrombie & Fitch (ANF -1.2%), Express (EXPR -1.8%). (full Piper Jaffray report) Comment! [Consumer]
Thursday, March 21, 4:10 PM rue21 (RUE): Q4 EPS of $0.65 beats by $0.02. Revenue of $269.1M (+22.4% Y/Y) misses by $1.39M. Shares -1.1% AH. (PR) Comment! [Earnings, Breaking News, On the Move]
Thursday, March 7, 9:18 AM Retail radar: The sweet 30% premium offered up by Sycamore Partners for Hot Topic could set up a number of peers to trade at a higher earnings multiple with a buyout boost in play. On watch: PSUN, BKE, RUE, WTSL, BEBE, BODY. Comment! [Consumer]
Wednesday, November 28, 2012, 4:22 PM rue21 (RUE): Q3 EPS of $0.41 beats by $0.02. Revenue of $225.2M (+15.6% Y/Y) misses by $3M. Shares -2.3% AH. (PR) Comment! [Earnings, On the Move]
Wednesday, November 28, 2012, 8:43 AM Mall-based retailers are on watch after Express and American Eagle Outfitters delivered Q3 numbers and Q4 guidance solid enough to infuse confidence in traders. Aeropostale (ARO), +3.5% premarket, is an early riser in what could set up to be a retail rush. Comment! [Consumer, On the Move]
Friday, November 23, 2012, 6:51 AM Black Friday shopping will be the headline story in retail for the day, but the underlying plot will be the effect online channels have on the total sales hauls. Though various trade groups tag Black Friday weekend shopping to see a 3% to 4% rise this year, online shopping is expected to increase by closer to 15% heading into Cyber Monday. Online has also been where the winners and losers in the sector have been separated with major online forces such as Macy's (M) and Dick's Sporting Goods (DKS) roaring to huge gains - while the likes of J.C. Penney (JCP) and Big Lots (BIG) limp along. 1 Comment [Consumer]
Tuesday, October 2, 2012, 8:20 AM Specialty apparel retailers are in focus after Express issues a harsh downward revision for Q3 sales and profit. Though the development could be more closely related to a misfiring Express selling strategy than a sector warning, it still highlights the difficulty of hitting the 20-to-30-year old demographic head on with fashion lines. On watch: rue21 (RUE), Zumiez (ZUMZ), Pacific Sunwear (PSUN). Comment! [Consumer]
Thursday, August 23, 2012, 4:11 PM rue21 (RUE): Q2 EPS of $0.36 beats by $0.02. Revenue of $202M (+17% Y/Y) in-line. Shares +0.6% AH. (PR) Comment! [Earnings]
Tuesday, August 7, 2012, 11:15 AM Aeropostale (ARO +6.5%) leads the charge of specialty retailers higher after Redbook Chain Store Sales numbers came in above the forecasts of analysts. Companies specializing in selling to women and teens have taken some of the sharpest blows this summer in the sector. Advancers: RUE +2.3%, ZUMZ +2.4%, WTSLA +2.2%, BODY +4.2%, CATO +3.3%. Comment! [Consumer]
Thursday, June 7, 2012, 11:39 AM Stocks of specialty retailers are getting hit up and down the sector after Lululemon's slashed guidance and Men's Wearhouse lackluster Q1 casts a dark shadow. Decliners: RUE -2.2%, BKE -4.4%, ARO -2.8%, AEO -2.5%, PSUN -3.6%. Comment! [Consumer, On the Move]