gordmans stores inc (GMAN:NASDAQ GS)
gordmans stores inc (GMAN) Snapshot
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Open
$12.02
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Previous Close
$12.02
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Day High
$12.24
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Day Low
$11.89
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52 Week High
08/30/12 - $21.10
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52 Week Low
05/8/13 - $11.12
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Market Cap
231.8M
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Average Volume 10 Days
61.8K
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EPS TTM
$1.21
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Shares Outstanding
19.4M
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EX-Date
--
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P/E TM
9.9x
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Dividend
--
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Dividend Yield
--
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Related News
gordmans stores inc (GMAN) Related Businessweek News
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Gordmans Stores, Inc. operates department stores under the Gordmans name in the United States. Its merchandise selection includes a range of apparel, footwear, and home fashions products, as well as accessories. The company’s stores offer apparels, including young men’s, men’s, juniors’, women’s, team, plus sizes, maternity, and children’s clothing, such as offerings for infants, toddlers, boys, and girls; and accessories consisting of designer fragrances, intimate apparel, handbags, sunglasses, fashion jewelry, leg wear, and sleepwear. Its stores also provide home fashion products, which include wall art, photo frames, accent furniture, accent lighting, candles, ceramics, vases, seasonal décor, floral and garden, gourmet food and candy, toys, luggage, pet accessories, house wares, decorative pillows, fashion rugs, and bedding and bath products. As of March 25, 2013, the company operated 86 stores in 18 states. Gordmans Stores, Inc. was founded in 1915 and is headquartered in Omaha, Nebraska.
gordmans stores inc (GMAN) Top Compensated Officers
gordmans stores inc (GMAN) Key Developments
Gordmans Stores, Inc. named Geoffrey Ayoub as senior vice president of planning, allocation and analysis. Mr. Ayoub joins Gordmans from EDCON.
Gordmans Stores, Inc., Annual General Meeting, May 22, 2013., at 13:00 Mountain Daylight. Location: Denver Marriott City Center, 1701 California Street. Agenda: To elect the directors named in the accompanying proxy statement; to ratify the appointment of Grant Thornton LLP as the company’s independent registered public accounting firm for the fiscal year ending February 1, 2014; and to transact such other business as may properly come before the meeting or any adjournment thereof.
Gordmans Stores, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended February 2, 2013. For the quarter, the company reported net sales of $202,460,000 compared to $185,148,000 a year ago. Income from operations was $12,821,000 compared to $16,301,000 a year ago. Income before taxes were $12,706,000 compared to $16,146,000 a year ago. Net income was $7,941,000 or $0.41 per diluted share compared to $10,207,000 or $0.53 per diluted share a year ago. For the full year, the company reported net sales of $607,692,000 compared to $551,476,000 a year ago. Income from operations was $38,131,000 compared to $40,895,000 a year ago. Income before taxes were $37,650,000 compared to $40,285,000 a year ago. Net income was $23,531,000 or $1.21 per diluted share compared to $25,173,000 or $1.30 per diluted share a year ago. The company expects first quarter fiscal 2013 net sales to be between $128 million and $130 million, which reflect a low double-digit comparable store sales decrease versus a 4.7% comparable store sales increase generated in the first quarter of fiscal 2012. The company expects diluted earnings per share for the quarter to be between $0.11 and $0.13 using a diluted share count of approximately 19.4 million shares. For fiscal year ending February 1, 2014, the company expects comparable store sales to be down low single digits but are projected to consistently improve as the year progresses. The company expects depreciation will increase by approximately $3 million or 48% compared to 2012. The company expects capital expenditure to be $16 million to $17 million during 2013.
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Industry Analysis
GMAN
Industry Average
| Valuation | GMAN | Industry Range |
| Price/Earnings | 9.9x |
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| Price/Sales | 0.4x |
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| Price/Book | 2.3x |
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| Price/Cash Flow | 7.7x |
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| TEV/Sales | 0.3x |
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